Samba Digital SGPS S.A — Share Issue/Capital Change 2019

Dec 4, 2019

SONAE CAPITAL, SGPS, SA Publicly Traded Company Registered Office: Lugar do Espido, Via Norte, Maia Share Capital: € 250,000,000.00 Registered at the Commercial Registry of Maia Registration and Tax Nr. 508 276 756

INFORMATION ON RESOLUTIONS TAKEN AT THE SHAREHOLDERS' EXTRAORDINARY GENERAL MEETING

Sonae Capital, SGPS, SA hereby informs that at the Shareholders' Extraordinary General Meeting held on this date, the Shareholders resolved:

1 - To approve the amendment of the wording of paragraph 1 of article 9 of the Company's Articles of Association, that shall be amended as follows:

"Article nine

One – The Board of Director is made up of an even or odd number of members, seven at the minimum and ten at the maximum, elected at the Shareholders' General Meeting. The Chairman of the Board of Directors has a casting vote."

• 2 To approve the increase of the number of members of the Board Directors, for the mandate in course (2018/2020), from nine to ten.
• 3 To elect Ângelo Gabriel Ribeirinho dos Santos Paupério to fill in the empty vacancy on the Board of Directors, until the end of the currant mandate (2018-2020).

Maia, 4 December 2019

The Representative for Capital Market Relations,

Head Office Lugar do Espido, Via Norte Apartado 3053 | 4471-907 Maia Portugal

For further information, please contact Sonae Capital Investor Relations Department: Nuno Parreiro E. ir@sonaecapital.pt T. 22 010 79 11