CTT-Correios de Portugal

Board/Management Information • Sep 3, 2019

CTT –Correios de Portugal, S.A. PublicCompany Avenida D. João II, 13 1999-001 LISBON Lisbon commercialregistry and fiscal no. 500 077 568 Share Capital EUR 75,000,000.00

Announcement – Lisbon, 3 September 2019

Material information –Resignation of a Member of the Board of Directors and the Executive Committee and co-optation of a new Member

CTT – Correios de Portugal, S.A. ("CTT" or "Company") hereby informs that today Dionizia Maria Ribeiro Farinha Ferreira tendered her resignation from the position of Member of the Board of Directors and the Executive Committee of the Company, effective as provided for by law.

In view of the above and in the exercise of its powers, in its meeting held today, the Board of Directors decided to co-opt João Ventura Sousa to the position, to complete the current term of office. This co-optation is effective as of 18 September 2019 and shall be subject to ratification by the next General Meeting of Shareholders of CTT.

This information to the market and the general public is made under the terms and for the purposes of article 248-A of the Portuguese Securities Code and other legislation in force. It is also available on CTT's Investor Relations website at: http://www.ctt.pt/ctt-e-investidores/relacoes-cominvestidores/comunicados.html?com.dotmarketing.htmlpage.language=1.

CTT –Correios de Portugal, S.A.

Guy Pacheco Market Relations Representative of CTT Peter Tsvetkov Director of Investor Relations of CTT Contacts: Email: investors@ctt.pt Fax: + 351 210 471 996

Phone: + 351 210 471 087