Sonae SGPS — Capital/Financing Update 2026

Feb 20, 2026

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Announcement

Maia, 20 February 2026

REFINANCING OF ESG‑LINKED OPERATIONS

Sonae SGPS, S.A. ("Sonae") informs that, in 2026, it has agreed a set of refinancing operations indexed to the Group's performance in environmental, social and corporate governance ("ESG") indicators, in a total amount exceeding €500 million, framed within its "Sustainability‑Linked Financing Framework".

This initiative enables Sonae to maintain a volume of medium‑ and long‑term ESG‑linked financing lines above €1 billion, representing more than 90% of total contracted facilities.

These operations ensure all of Sonae's financing needs expected until the end of 2027, reinforcing the Group's sustainable financing strategy and consolidating the integration of ESG criteria into its capital structure, aligning financial performance with sustainability commitments. At the same time, they contribute to a significant increase in average debt maturity and to the achievement of more competitive financing conditions, with a positive impact on the average cost of debt.

As part of this refinancing process, the following operations are included, namely:

• The issuance of the bond loan "SONAE SGPS/2026 SUSTAINABILITY‑LINKED BONDS 2026‑2033" (ISIN PTSONPOM0008), in the amount of €210,000,000 (two hundred and ten million euros), through private and direct subscription, unsecured, with a 7‑year maturity.
• The early redemption of the full amount of the bond issue "SONAE SGPS SENIOR NOTES 2028‑11‑27" (ISIN PTSONIOM0007), totaling €350,000,000 (three hundred and fifty million euros).

The Representative for Market Relations

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