REN-Redes Energeticas Nacionais

M&A Activity • Jul 2, 2018

Unofficial Translation This is an unofficial translation of the proposal indicated below and it has been prepared for information purposes only. In the event of any discrepancy between this translation and the Portuguese version, the Portuguese version will prevail.

COMMUNICATION

In accordance with and for the purposes of article 17 of the Regulation (EU) No 596/2014, of the European Parliament and of the Council, of 16 April 2014, of article 248 of the Portuguese Securities Code and other applicable regulations, REN – Redes Energéticas Nacionais, SGPS, S.A. hereby informs the market and the public that, today, its subsidiary REN Portgás Distribuição, S.A. entered into a share purchase agreement to sell, also on the present date, the shares representing the entire share capital of REN Portgás GPL, S.A. to ENERGYCO II, S.A.

REN's strategy is focused on regulated businesses and therefore decided to sell the liquefied petroleum gas (LPG) business that was acquired in 2017 with the acquisition of EDP Gás.

REN – REDES ENERGÉTICAS NACIONAIS, SGPS, S.A.

Lisbon, 02 July 2018