Sonae SGPS — Capital/Financing Update 2018

Oct 11, 2018

Maia, 11th October 2018

(Translation from the Portuguese original)

Sonae SGPS S.A. hereby informs that, due to current adverse conditions in international markets, the institutional offering will not take place, which hence determines that the initial public offering of Sonae MC Shares will not be executed.

On behalf of the Board of Directors,

Head Office Lugar do Espido, Via Norte, Maia Share Capital: €2.000.000.000,00 Maia Commercial Registry and Fiscal Number 500273170 Sociedade Aberta

For further information, please contact the Investor Relations Department at Sonae:

PATRÍCIA VIEIRA PINTO Head of Investor Relations / Sonae T. +351 220 104 724 // E. pavpinto@sonae.pt

www.sonae.pt