CTT Correios de Portugal S A : Final report on the transactions carried out in the context of the share buy-back program

CTT - Correios de Portugal, S.A.

Public Company Avenida D. João II, 13 1999-001 LISBON

Lisbon commercial registry and fiscal no. 500 077 568

Share Capital EUR 75,000,000.00

Announcement - Lisbon, 23 June 2021

Final report on the transactions carried out in the context of the share buy-back program

Announcement pursuant to Articles 5(1)(b) of Regulation (EU) No 596/2014 and 2(3) of Commission Delegated Regulation (EU) 2016/1052

As disclosed to the market in due time, on 20 May 2021, CTT - Correios de Portugal, S.A. ("CTT" or "Company") started trading in the context of the share buy-back program ("Buy-back Program"), pursuant to the terms and limitations set forth in (i) the resolution adopted under item 5 of the Agenda of the General Shareholders' Meeting of CTT held on 21 April 2021 granting authorization for the acquisition and transfer of own shares by the Company and its subsidiaries, as set forth in such shareholders' resolution and subject to a decision of the Company's Board of Directors, and (ii) the resolution of the Board of Directors of CTT, of 17 May 2021, under which a share buy-back program was approved, the main terms and conditions of which may be found in the announcement regarding the start of trading within the Buy-back Program disclosed to the market on 17 May 2021.

In this context, CTT hereby informs, under the terms and for the purposes of article 5(1)(b) of the Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 and article 2(3) of the Commission Delegated Regulation (EU) 2016/1052 of 8 March 2016, and other applicable legislation, that in the period from 21 to 22 June 2021 (inclusive) JB Capital Markets, S.V., S.A.U. has acquired shares representing CTT's share capital, under the Buy-back Program and as the financial intermediary in charge of the execution of said program, in Euronext Lisbon regulated market, as detailed in the table below (aggregated information):

ISIN Code: PTCTT0AM0001

Date of the	Aggregated	Weighted Aver-	% Session's Total	% Share
transaction	Volume (shares)	age Price (€)	Volume	Capital
21-06-2021	73,157	€ 4.5391	8.11%	0.05%
22-06-2021	82,547	€ 4.5521	11.37%	0.06%

www.ctt.pt

CTT - Correios de Portugal, S.A.

Public Company Avenida D. João II, 13 1999-001 LISBON

Lisbon commercial registry and fiscal no. 500 077 568

Share Capital EUR 75,000,000.00

On 22 June 2021, the Company held, as a result of the transactions indicated herein, an aggregated total of 1,500,001 own shares, representing 1.00% of its share capital.

Further detailed information on all transactions carried out under the Buy-back Program, in the period from 21 to 22 June 2021 (inclusive), may be found in the tables attached hereto as Annexes 1 and 2.

Pursuant to the terms and conditions of the Buy-back Program, CTT informs that the objective of said program is fulfilled, and therefore the Buy-back Program should be considered concluded on this date, before the end of its maximum duration period (from 18 May to 18 November 2021).

This information to the market and the general public is also available on CTT website at: https://www.ctt.pt/grupo-ctt/investidores/comunicados/index?language_id=1.

CTT - Correios de Portugal, S.A.

Guy Pacheco

Market Relations Representative of CTT

Peter Tsvetkov

Head of Investor Relations of CTT

Contacts:

Email: [e-mail]

Fax: + 351 210 471 996

Phone: + 351 210 471 087

www.ctt.pt

CTT - Correios de Portugal, S.A.

Public Company

Avenida D. João II, 13

1999-001 LISBON

Lisbon commercial registry and fiscal no. 500 077 568

Share Capital EUR 75,000,000.00

Annex 1

Trade Date	Trading	Stock	Type of	Trading	Number of	Average Price
Time (CET)	business	Venue	shares	(€)
21-06-2021	15:28:46	CTT shares	Acquisition	XLIS	500	4.48
21-06-2021	15:28:46	CTT shares	Acquisition	XLIS	1,700	4.48
21-06-2021	15:28:46	CTT shares	Acquisition	XLIS	34	4.48
21-06-2021	15:28:46	CTT shares	Acquisition	XLIS	729	4.48
21-06-2021	15:28:46	CTT shares	Acquisition	XLIS	1,295	4.48
21-06-2021	15:31:00	CTT shares	Acquisition	XLIS	130	4.48
21-06-2021	15:33:46	CTT shares	Acquisition	XLIS	596	4.48
21-06-2021	15:33:46	CTT shares	Acquisition	XLIS	10,016	4.48
21-06-2021	16:24:59	CTT shares	Acquisition	XLIS	436	4.545
21-06-2021	16:24:59	CTT shares	Acquisition	XLIS	2,118	4.545
21-06-2021	16:25:00	CTT shares	Acquisition	XLIS	7,446	4.545
21-06-2021	16:40:34	CTT shares	Acquisition	XLIS	1,964	4.55
21-06-2021	16:45:16	CTT shares	Acquisition	XLIS	1,472	4.55
21-06-2021	16:45:16	CTT shares	Acquisition	XLIS	6,564	4.55
21-06-2021	16:45:32	CTT shares	Acquisition	XLIS	1,000	4.55
21-06-2021	16:45:32	CTT shares	Acquisition	XLIS	1,600	4.55
21-06-2021	16:45:32	CTT shares	Acquisition	XLIS	884	4.55
21-06-2021	16:45:32	CTT shares	Acquisition	XLIS	9,294	4.55
21-06-2021	17:12:12	CTT shares	Acquisition	XLIS	334	4.565
21-06-2021	17:12:12	CTT shares	Acquisition	XLIS	502	4.565
21-06-2021	17:12:12	CTT shares	Acquisition	XLIS	1,449	4.565
21-06-2021	17:13:47	CTT shares	Acquisition	XLIS	2,900	4.565
21-06-2021	17:14:34	CTT shares	Acquisition	XLIS	4,100	4.565
21-06-2021	17:20:02	CTT shares	Acquisition	XLIS	500	4.565
21-06-2021	17:20:35	CTT shares	Acquisition	XLIS	2,100	4.565
21-06-2021	17:20:35	CTT shares	Acquisition	XLIS	700	4.565
21-06-2021	17:20:35	CTT shares	Acquisition	XLIS	700	4.565
21-06-2021	17:20:35	CTT shares	Acquisition	XLIS	1,400	4.565
21-06-2021	17:20:35	CTT shares	Acquisition	XLIS	3,868	4.565
21-06-2021	17:20:35	CTT shares	Acquisition	XLIS	1,447	4.565
21-06-2021	17:28:44	CTT shares	Acquisition	XLIS	222	4.55
21-06-2021	17:35:08	CTT shares	Acquisition	XLIS	199	4.55
21-06-2021	17:35:08	CTT shares	Acquisition	XLIS	4,801	4.55
21-06-2021	17:35:08	CTT shares	Acquisition	XLIS	157	4.55

www.ctt.pt

CTT - Correios de Portugal, S.A.

Public Company

Avenida D. João II, 13

1999-001 LISBON

Lisbon commercial registry and fiscal no. 500 077 568

Share Capital EUR 75,000,000.00

Annex 2

Trade Date	Trading	Stock	Type of	Trading	Number of	Average Price
Time (CET)	business	Venue	shares	(€)
22-06-2021	09:55:29	CTT shares	Acquisition	XLIS	752	4.59
22-06-2021	09:55:29	CTT shares	Acquisition	XLIS	800	4.59
22-06-2021	09:55:29	CTT shares	Acquisition	XLIS	995	4.59
22-06-2021	09:55:29	CTT shares	Acquisition	XLIS	10,000	4.58
22-06-2021	09:55:29	CTT shares	Acquisition	XLIS	1,048	4.58
22-06-2021	09:55:29	CTT shares	Acquisition	XLIS	282	4.58
22-06-2021	09:55:29	CTT shares	Acquisition	XLIS	293	4.58
22-06-2021	09:55:29	CTT shares	Acquisition	XLIS	7,397	4.58
22-06-2021	09:55:29	CTT shares	Acquisition	XLIS	304	4.58
22-06-2021	10:08:36	CTT shares	Acquisition	XLIS	676	4.58
22-06-2021	10:14:48	CTT shares	Acquisition	XLIS	105	4.56
22-06-2021	10:14:48	CTT shares	Acquisition	XLIS	9,895	4.56
22-06-2021	10:14:48	CTT shares	Acquisition	XLIS	10,000	4.56
22-06-2021	11:53:02	CTT shares	Acquisition	XLIS	5,279	4.5
22-06-2021	11:56:03	CTT shares	Acquisition	XLIS	4,721	4.5
22-06-2021	11:56:03	CTT shares	Acquisition	XLIS	10,000	4.5
22-06-2021	13:33:25	CTT shares	Acquisition	XLIS	5,000	4.47
22-06-2021	17:02:59	CTT shares	Acquisition	XLIS	1,762	4.595
22-06-2021	17:02:59	CTT shares	Acquisition	XLIS	405	4.595
22-06-2021	17:02:59	CTT shares	Acquisition	XLIS	1,100	4.595
22-06-2021	17:02:59	CTT shares	Acquisition	XLIS	1,009	4.595
22-06-2021	17:02:59	CTT shares	Acquisition	XLIS	800	4.595
22-06-2021	17:02:59	CTT shares	Acquisition	XLIS	1,600	4.595
22-06-2021	17:02:59	CTT shares	Acquisition	XLIS	800	4.595
22-06-2021	17:02:59	CTT shares	Acquisition	XLIS	800	4.595
22-06-2021	17:02:59	CTT shares	Acquisition	XLIS	1,724	4.595
22-06-2021	17:10:59	CTT shares	Acquisition	XLIS	274	4.595
22-06-2021	17:10:59	CTT shares	Acquisition	XLIS	4,726	4.595

www.ctt.pt