Jeronimo Martins — M&A Activity 2016

Sep 30, 2016

Jerónimo Martins SGPS, S.A.

Relevant Fact

Jerónimo Martins, SGPS, S.A. (Company) informs that, following the decision of the Board of Directors made public last 27th July, it executed today the public deed of transfer of 100% of the shares of its subsidiary Monterroio - Industry & Investments B.V. to Sociedade Francisco Manuel dos Santos B.V. (SFMS).

The conclusion of the transaction implied the immediate receipt by the Company of a total amount of 310 million euros generating, in its financial statements, an estimated book gain of 75 million euros.

Lisbon, September 30, 2016