Sonae SGPS — AGM Information 2019

Apr 29, 2019

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: € 253,319,797.26 Publicly Traded Company

PRIVILEGED 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 the following decisions were taken at the Shareholders' Annual General Meeting held on the present date:

• 1. The Annual Report, the individual and consolidated Accounts and respective annexes, for the year 2018 were approved;
• 2. The transfer of individual negative results of 443,961.81 euros to retained earnings and the coverage of such amount in full by free reserves were approved.
• 3. A vote to express the appreciation 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 amendment of number three of article five of the company's Articles of Association, was approved with the following wording:

"ARTICLE FIVE

Three -The share capital can be increased up to three hundred and fifty million euros, in one or more stages, by resolution of the Board of Directors, which will determine, in accordance with the law, the conditions of subscription, namely, the entries deferment and the categories of shares to be issued, based

on those already existing at the time."

• 6. 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;
• 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, 29 April 2019

The Representative for Relations with Capital Markets and CMVM,

______________________________ (Christopher Lawrie)