Impresa — M&A Activity 2018

Jan 2, 2018

IMPRESA – Sociedade Gestora de Participações Sociais, S.A. Open Society Rua Ribeiro Sanches, n.º 65, Estrela, Lisboa Share Capital: Euro 84.000.000,00 Tax number 502 437 464 Commercial Registry Office of Lisbon

Privileged Information

According to the article 17nd of European Union regulation n.º 596/2014 of European Parliament and Council and the article 248º A of Securities Law Code, and following the process announced on press release issued on September 7th, 2017, and confirmed in November 6th, 2017, IMPRESA – Sociedade Gestora de Participações Sociais, S.A. informs that its subsidiary IMPRESA Publishing. S.A. has celebrated a sale agreement with the society Trust in News, Unipessoal, Lda, with effect from January 1st, 2018, for the following publications Activa, Caras, Caras Decoração, Courrier Internacional, Exame, Exame Informática, Jornal de Letras, TeleNovelas, TV Mais, Visão, Visão História and Visão Junior

This asset sale is part of the IMPRESA strategic plan for 2017-2019, and IMPRESA repositioning, with special focus on the audiovisual and digital activities.

The magazine portfolio was sold for 10,2 M€, nevertheless, IMPRESA estimates to incurs in potential goodwill write-off's, which are currently being quantified, in addition to restructuring charges and the fiscal impact's, in 2017 annual account's, which will be revealed as soon as possible.

Lisbon, January 2nd, 2018

IMPRESA - SGPS, SA