Futebol Clube do Porto

Capital/Financing Update • Nov 14, 2024

FUTEBOL CLUBE DO PORTO – FUTEBOL, SAD Company issuing shares admitted to trading on a regulated market

Share Capital: 112,500,000 Euro Equity: - 210,581,972 Euro (approved on 23rd November 2023 Shareholders' General Meeting) Head Office: Estádio do Dragão – Via FC Porto, Entrada Poente Piso 3, 4350-451 Porto Registered in the 1st Porto's Commercial Registry Office and Corporate Fiscal as n.º 504 076 574

ANNOUNCEMENT

Futebol Clube do Porto – Futebol, SAD ("FC Porto") hereby announces the closing of a notes issuance through a private placement with U.S. investors, totaling €115m (the "Notes").

The Notes, issued by Dragon Notes, S.A. ("Dragon Notes"), a fully owned subsidiary of FC Porto group, have a 25-year term and a fixed annual coupon rate of 5.62%. The Notes constitute senior, secured obligations of Dragon Notes and have received an investment-grade rating of BBB (Low) from DBRS and are backed by the 70% of Porto StadCo, S.A.'s economic rights to which Dragon Notes is entitled.

The proceeds from the Notes will be used to refinance existing debt of FC Porto and for general corporate purposes. This issuance marks an important milestone in FC Porto's financing strategy, contributing to i) a significant extension of the average maturity of its financial debt, and ii) a reduction in the average cost of debt.

J.P. Morgan acted as Placement Agent for the Notes. Key Capital Partners acted as financial advisor to FC Porto. Clifford Chance and PLMJ acted as legal advisors to FC Porto.

Porto, 14th November 2024