Corticeira Amorim

AGM Information • Apr 7, 2017

PRESS RELEASE

CORTICEIRA AMORIM, S.G.P.S., S.A.

DISCLOSURE OF INFORMATION

Mozelos, Portugal, April 7, 2017 - CORTICEIRA AMORIM, S.G.P.S., S.A. hereby announces that:

1. The following resolutions were approved at its Annual General Meeting held on April 7, 2017:

Items 1. and 2. The individual and consolidated annual financial statements for the year ended 31 December 2016 and the Directors' Report were approved by a majority vote of the members present at the AGM.

Item 3. The report on corporate governance for the year 2016 was approved by a majority vote of the members present at the AGM.

Item 4. The proposed appropriation of net profit for the year in the amount of € 51,338,937.14 was approved unanimously as follows: (1) € 2,566,946.90 to be transferred to the Legal Reserve; (2) € 23.940.000,00 to be paid out as dividends to shareholders equivalent to a dividend of € 0.18 per share; and (3) a sum of € 24,831,990.24 to be transferred to Free Reserves.

Item 5. A vote of confidence in the Board of Directors, the Supervisory Board, the Statutory Auditor and in each of their members was unanimously approved.

Item 6. The proposed election of officers (listed below) to the governing bodies of the Company to serve during the ensuing three-year period (2017-2019) was approved by a majority vote of the members present at the AGM.

TO THE GROUP CHAIRING THE ANNUAL GENERAL MEETING:

Chairman:	Mr Augusto Fernando Correia de Aguiar-Branco
Secretary:	Mrs Rita Jorge Rocha e Silva

For additional information, contact: Cristina Rios de Amorim Investor relations Officer Tel.: + 351 227 475 425 corticeira.amorim@amorim.com www.corticeiraamorim.com

Corticeira Amorim, SGPS, S.A. Public Company Edifício Amorim I Rua de Meladas, n.º 380 4536-902 Mozelos VFR Portugal

Share Capital: EUR 133 000 000,00 A company incorporated in Santa Maria da Feira Registration and Corporate Tax ID No: PT 500 077 797

About CORTICEIRA AMORIM, SGPS, S.A.:

Corticeira Amorim traces its roots back to the 19th century and has become the world's largest cork processing company in the world, generating more than 640 million euros in sales throughout 103 countries. Corticeira Amorim and its subsidiaries are an integral part of a conservationist effort to guarantee the survival of hundreds of thousands of cork oak trees throughout the Mediterranean Basin. We are proud of our contribution to the proper use of this important forest, which plays a fundamental role in CO² fixing, the preservation of biodiversity and the fight against desertification. We encourage you to learn more by visiting informative websites such as www.amorim.com or www.amorimcork.com

TO THE BOARD OF DIRECTORS:

Chairman:	Mr António Rios de Amorim
Vice-Chairman:	Mr Nuno Filipe Vilela Barroca de Oliveira
Member:	Mr Fernando José de Araújo dos Santos Almeida
Member:	Mrs Cristina Rios de Amorim Baptista
Member:	Mrs Luísa Alexandra Ramos Amorim
Member:	Mr Juan Ginesta Viñas

TO THE SUPERVISORY BOARD:

Chairman:	Mr Manuel Carvalho Fernandes
Member:	Mrs Ana Paula Africano de Sousa e Silva
Member:	Mr Eugénio Luís Lopes Franco Ferreira
Alternate Member:	Mr Durval Ferreira Marques

TO THE REMUNERATION COMMITTEE

Chairman:	Mr José Manuel Ferreira Rios
Member:	Mr Jorge Alberto Guedes Peixoto
Member:	Mr Abdul Rehman Omarmiã Mangá

PRINCIPAL STATUTORY AUDITOR:

ERNST & YOUNG AUDIT & ASSOCIADOS – SROC, SA, represented either by Mr Rui Manuel da Cunha Vieira or Mr Rui Abel Serra Martins

Alternate Statutory Auditor:

Mr Pedro Jorge Pinto Monteiro da Silva e Paiva

Item 7. The proposed purchase by the Company of its treasury stock was approved by a majority vote of the members present at the AGM.

Item 8. The proposed sale by the Company of its treasury stock was unanimously approved.

Item 9. The report of the Remuneration Committee on the remuneration policy for members of the Board of Directors and the Supervisory Board of the Company as well as the report of the Directors on the remuneration policy for other senior executive employees was approved by a majority vote of the members present at the AGM.

2. At the Company's Board Meeting held on April 7, 2017 the following persons were re-appointed to hold office for the ensuing three-year period (2017- 2019):

Company Secretary:	Mr Pedro Jorge Ferreira de Magalhães
Deputy Company Secretary:	Mr Pedro Nuno Esteves Duarte
EXECUTIVE COMISSIONS

EXECUTIVE COMISSIONS

Chairman:	Mr António Rios de Amorim
Member:	Mr Nuno Filipe Vilela Barroca de Oliveira
Member:	Mr Fernando José de Araújo dos Santos Almeida

The Board of Directors