Samba Digital SGPS S.A — M&A Activity 2018

Jan 12, 2018

Lugar do Espido, Via Norte Apartado 3053

4471-907 Maia Portugal

T (+351) 22 012 95 00

SONAE CAPITAL, SGPS, SA Publicly Traded Company Registered Office: Lugar do Espido, Via Norte, Maia Share Capital: 250,000,000.00 Euro Registered at the Commercial Registry of Maia Registration and Tax Nº 508 276 756

(Translation from the Portuguese original)

ANNOUNCEMENT

Sonae Capital, SGPS, S.A. (Sonae Capital) hereby announces that, following the nonopposition decision of the Portuguese Competition Authority (Autoridade da Concorrência) and the fulfillment of certain conditions precedent, the acquisition of 100% of the share capital and voting rights of the company ABOUT, SGPS, S.A., announced to the market on November 17th 2017, has become effective.

At the date of this announcement, the company ABOUT, SGPS, S.A. operate through its subsidiaries eight Fitness Clubs under the "Pump" brand, seven of which located

Additionally, we would like to inform that this acquisition is completed by a fully owned subsidiary of Sonae Capital and is included in the strategy of reinforcement of the competitive position of the Fitness segment.

Maia, January 12th 2018

The Representative for Capital Market Relations,