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.ptwww.sonae.pt

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Sonae SGPS SA published this content on 11 October 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 11 October 2018 20:12:08 UTC