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Sonae SGPS M&A Activity 2016

Sep 21, 2016

1901_iss_2016-09-21_6d5bf636-19ae-4849-9168-e6e1652d3a65.pdf

M&A Activity

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Maia, 21 September 2016

Sonae – SGPS, SA (Sonae) hereby announces that, in the context of a partnership between Sonae MC (Sonae MC) and Satya Capital (Satya), 2 food retail stores were acquired in Mozambique. The total investment amounts to 6 million dolares, divided between Sonae MC and Satya with a 30/70 ratio respectively.

Satya is an independent investment firm founded by Dr. Mohamed Ibrahim, focused on providing capital to investments in Africa.

On behalf of the Board of Directors,

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Sonae SGPS — M&A Activity 2016

1901_iss_2016-09-21_6d5bf636-19ae-4849-9168-e6e1652d3a65.pdf

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Sonae SGPS M&A Activity 2016