Novabase SGPS — Board/Management Information 2017

Oct 16, 2017

Relevant Information

New Structure and New Composition of the Management

Lisbon, 16 October 2017

Novabase – Sociedade Gestora de Participações Sociais, S.A. (hereinafter "Novabase") hereby informs that it was notifiied by its shareholders José Afonso Oom Ferreira de Sousa, Luís Paulo Cardoso Salvado, Álvaro José da Silva Ferreira, Pedro Miguel Quinteiro Marques de Carvalho and João Nuno da Silva Bento about the intention that a change in the structure and composition of the Company's management body is proposed to the Annual and Election General Meeting to be held in the first semestre of 2018, as follows:

• a) Adoption of a management structure comprising a Board of Directors composed of executive and non-executive members;
• b) Delegation of Novabase's day-to-day management powers to an Executive Committee.

For the new term-of-office corresponding to the triennium 2018-2020, the following persons would be proposed to carry out management functions:

• Chairman of the Board of Directors: Luís Paulo Cardoso Salvado
• Chief Executive Officer: João Nuno da Silva Bento
• Member of the Executive Committee: Álvaro José da Silva Ferreira
• Member of the Executive Committee: Francisco Paulo Figueiredo Morais Antunes
• Member of the Executive Committee: María del Carmen Gil Marín

• Non-executive member of the Board of Directors: José Afonso Oom Ferreira de Sousa

• Non-executive member of the Board of Directors: Pedro Miguel Quinteiro Marques de Carvalho

• Non-executive member of the Board of Directors: Marta Isabel dos Reis Graça Rodrigues do Nascimento