Jeronimo Martins — AGM Information 2023

Apr 20, 2023

Resolutions of the Annual General Shareholders Meeting

Jerónimo Martins, SGPS, S.A. informs that, at its Annual General Shareholders Meeting held today, the proposals concerning the items on the Agenda were approved as follows:

• 1. 2022 financial statements, including the management report, the individual and consolidated accounts, the corporate governance report and other corporate, supervisory and audit information documents;
• 1. The proposal for application of results as presented:

"In the financial year 2022, Jerónimo Martins, SGPS, S.A. declared consolidated net earnings of 589,920,002.57 euros and net earnings at its individual accounts of 480,137,057.87 euros.

The Board of Directors proposes to the Company' Shareholders the following appropriation of the net earnings for the year:

• Free Reserves ……………... 134,498,236.87 euros.
• Dividends ……………………. 345,638,821.00 euros.

The proposed distribution of profits for the year represents a gross dividend payment of 0.55 euros per share, excluding own shares in the portfolio."

• 1. A vote of confidence, recognition and appreciation for the Board of Directors and for each and every one of its members thereof and, very particularly, to its Chairman, Pedro Soares dos Santos, also for the way he steered the Company during the complex and challenging fiscal year of 2022, and to the Audit Committee and each and every member thereof;
• 1. The Company's corporate bodies remuneration policy;
• 1. The election of the Company's new Alternate Statutory Auditor for the remainder of the 2022-2024 period, according to the proposals submitted to the Annual General Shareholders' Meeting;

Note: The proposals are available at https://www.jeronimomartins.com/en/2023-annual-general-meeting/.

Lisbon, April 20, 2023