Jeronimo Martins — M&A Activity 2016

Dec 21, 2016

Jerónimo Martins SGPS, S.A.

Information

Jerónimo Martins, SGPS, S.A. (JM), informs that by effect of a share purchase agreement entered into on this date, it will buy back, as from 31 December 2016, the control of 100% of the share capital in Jerónimo Martins Restauração e Serviços, S.A. (the company that operates the Jeronymo Coffee Shops), and of 51% of the share capital in Hussel Ibéria – Chocolates e Confeitaria, S.A..

This transaction follows the agreement for the sale of Monterroio B.V. (see Relevant Fact dated September 30, 2016), considering the strategic fit of these businesses within Jerónimo Martins' portfolio.

This operation will have no material impact in the Group's financial statements.

Lisbon, 21st December, 2016