Sonae SGPS — M&A Activity 2018

Sep 12, 2018

Maia, 12th September 2018

(Translation from the Portuguese original)

Sonae – SGPS, SA hereby announces that, following the anti-trust approval from the competent competition authorities, the transaction for the acquisition of a 20% stake of Sonae Sierra, SGPS, SA with the Grosvenor Group, for a total consideration of €255.9 million euros was concluded today on the terms announced to the market on July 14th .

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