Cofina SGPS

Declaration of Voting Results & Voting Rights Announcements • May 4, 2018

COFINA - SGPS, S.A. Public Company Head Office: Rua do General Norton de Matos, 68 - R/C, Porto Share Capital: Euro 25,641,459 Registered at the Commercial Registry Office of Oporto Sole registration and tax number 502 293 225

Information on Resolutions taken at the Shareholders' Annual General Meeting

COFINA, SGPS, S.A. hereby informs, under the terms and for the purposes of Paragraph 2.g) of Article 249 of the Portuguese Securities Code and of Paragraph 3 of Article 8 of CMVM Regulation no. 5/2008, having been present or represented shareholders holding 71,322,426 shares corresponding to 69.54% of the voting rights, that the following resolutions were taken at the Shareholders' Annual General Meeting held today:

Agenda / Proposals	For	Against	Abstain	No. Issued Votes	% Share Capital	No. of Shares
1. Discuss and decide on the Company's individual and consolidated Annual Report and accounts, for the year ended 31 December 2017	100%	0%	0%	71,322,426	69.54%	71,322,426
2. Decide on the proposed appropriation of the 2017's net profit	100%	0%	0.00%	71,322,426	69.54%	71,322,426
3. Assess the management and audit of the Company	100%	0%	0.00%	71,322,426	69.54%	71,322,426
4. Decide on the Remuneration Policy of the Statutory Governing Bodies	100%	0%	0.00%	71,322,426	69.54%	71,322,426
5. Deliberate on the acquisition and sale of own shares to the legal limit of 10%	100%	0%	0.00%	71,322,426	69.54%	71,322,426
6. Deliberate on the acquisition and sale of own bonds to the legal limit of 10%	100%	0%	0.00%	71,322,426	69.54%	71,322,426

Oporto, May 4, 2018

The Board of Directors