Sonae SGPS

AGM Information • Apr 7, 2016

SONAE INDÚSTRIA, SGPS, S.A. Registered Office: Lugar do Espido, Via Norte, Maia Registered at the Commercial Registry of Maia Registry and Tax no. 506 035 034 Share Capital: € 812,107,574.17 Publicly Traded Company

INSIDE INFORMATION

Resolutions taken by the Shareholders' Annual General Meeting

In accordance with Article 249 of the Portuguese Securities Code and CMVM Regulation no. 5/2008, we hereby announce that, at the Shareholders' Annual General Meeting held on the present date, the following decisions were taken:

• 1. The Annual Report, the individual and consolidated Accounts and respective annexes, for the year 2015, were approved;
• 2. The following proposal for the appropriation of profit was approved: "Sonae Indústria, SGPS, SA, as the holding company of the Group, on an individual accounts basis, generated a negative Net Result of 232,814,928.99 Euros for 2015. The Board of Directors proposes to the Shareholders Annual General Meeting to transfer this negative Net Result to retained earnings."
• 3. A vote to express appreciation for and confidence in the management and supervision bodies of the Company was approved;
• 4. The statement on the remuneration policy of the Statutory Governing Bodies and "Persons Discharging Managerial Responsibilities" of the Company, was approved;

• 5. The proposal authorising the Board of Directors to acquire and sell the Company's own shares, for a period of eighteen months under the limits established by Law, was approved;

• 6. The proposal authorising the Board of Directors to acquire and sell the Company's own bonds, for a period of eighteen months under the limits established by Law, was approved;

• 7. The proposal authorising the acquisition and holding of the Company's shares by the Company's direct or indirectly controlled affiliates, over eighteen months under the limits established by Law, was approved.

Maia, 7 th April, 2016

The Representative for Relations with Capital Markets and CMVM,

______________________________ (Christopher Lawrie)