Jeronimo Martins — Major Shareholding Notification 2018

Sep 21, 2018

Addendum - List of Qualifying Holdings

Jerónimo Martins SGPS, S.A. (Jerónimo Martins) informs about the addition (rectification) to the list of Qualifying Holdings presented in the Consolidated Report and Accounts, which should have included, in the accounts for the year of 2017 and for the first half of 2018, the participation of 2.004% of Genesis Asset Managers, LLP as presented below and as communicated in due course via the Portuguese Securities Market Commission website.

List of Qualifying Holdings as at 30th June 2018

(Pursuant to paragraph 4 of Article 448 of the Commercial Companies Code and in sub-paragraph b) of paragraph 1 of Article 8 of the Portuguese Securities Code Regulations no. 5/2008)

Shareholder	No. of Shares Held	% Capital	No. of Voting Rights	% of Voting Rights *
Sociedade Francisco Manuel dos Santos, SGPS, S.E. Through Sociedade Francisco Manuel dos Santos, B.V.	353,260,814	56.136%	353,260,814	56.136%
Heerema Holding Company Inc. Through Asteck, S.A.	31,464,750	5.000%	31,464,750	5.000%
BlackRock, Inc.	14,909,703	2.369%	14,909,703	2.369%
Baillie Gifford & Co. Through Baillie Gifford Overseas Limited	12,723,138	2.022%	12,723,138	2.022%
Genesis Asset Managers, LLP	12,613,387	2.004%	12,613,387	2.004%
BNP Paribas Investment Partners, Limited Company Through Investment Funds Managed by BNP Paribas	13,536,757	2.151%	12,604,860	2.003%

Source: Last communications made by the shareholders with qualifying holdings to Jerónimo Martins, SGPS, S.A.

* Based on the total number of shares under the terms of section b), paragraph 3 of article 16 of the Portuguese Securities Code.

Lisbon, September 21, 2018

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