Galp Energia — M&A Activity 2015

Oct 7, 2015

ANNOUNCEMENT Lisbon, October 7, 2015

Sale of wind project portfolio of 216.4 MW

Galp Energia, SGPS, S.A. ("Galp Energia") through the associated company Ventinveste, S.A. ("Ventinveste") informs that it has reached an agreement with EDP Renováveis for the sale of five companies, holding certain licenses and interconnection rights corresponding to a total of 216.4 MW of wind energy capacity, for a reference price of around €17 m.

Completion of this transaction is subject to approval from administrative and competition authorities in Portugal.

Ventinveste, a consortium led by Galp Energia (50%) and Martifer (50%), is focused on a wind project portfolio with 12 MW in production and a 50% share on Âncora Wind project, with 176.1 MW under construction, set to start production in 2016.

Galp Energia, SGPS, S.A.

Investor Relations:

Pedro Dias, Head Otelo Ruivo, IRO Cátia Lopes João Pereira Joana Pereira Pedro Pinto

Contacts:

Tel: +351 21 724 08 66 Fax: +351 21 724 29 65

Address: Rua Tomás da Fonseca, Torre A, 1600-209 Lisboa, Portugal Website: www.galpenergia.com Email:investor.relations@galpenergia.com

Reuters: GALP.LS Bloomberg: GALP PL

This announcement may include forward-looking statements. Forward-looking statements are statements other than in respect of historical facts and accordingly actual events or results may differ materially from those expressed or implied by such forward-looking statements. Important factors that may cause actual results to differ from forwardlooking statements are referred in the Annual Accounts Report of Galp Energia for the year ended 31 December 2014. Galp Energia does not intend to, and expressly disclaims any duty, undertaking or obligation to, make or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in this announcement to reflect any change in events, conditions or circumstances.

Galp Energia, SGPS, S.A. | Public Company | Head Offices: Rua Tomás da Fonseca Torre C, 1600-209 Lisbon Share Capital: 829,250,635 Euros | Registered at the Commercial Registry Office of Lisbon | Company tax number 504 499 777