CTT Correios de Portugal S A : Interim 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, 18 June 2021

Interim 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 15 to 18 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
15-06-2021	72,875	€ 4.4499	11.80%	0.05%
16-06-2021	25,000	€ 4.4080	7.98%	0.02%
17-06-2021	40,000	€ 4.4150	13.92%	0.03%
18-06-2021	45,000	€ 4.3611	8.51%	0.03%

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 18 June 2021, the Company held, as a result of the transactions indicated herein, an aggregated total of 1,344,297 own shares, representing 0.90% of its share capital.

Further detailed information on all transactions carried out under the Buy-back Program, in the period from 15 to 18 June 2021 (inclusive), may be found in the tables attached hereto as Annexes 1 to 4.

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	(€)
15-06-2021	09:25:00	CTT shares	Acquisition	XLIS	1,374	4.415
15-06-2021	09:25:00	CTT shares	Acquisition	XLIS	1,400	4.415
15-06-2021	09:25:00	CTT shares	Acquisition	XLIS	1,400	4.415
15-06-2021	09:25:00	CTT shares	Acquisition	XLIS	1,400	4.415
15-06-2021	09:25:00	CTT shares	Acquisition	XLIS	880	4.415
15-06-2021	09:25:00	CTT shares	Acquisition	XLIS	1,000	4.415
15-06-2021	09:25:00	CTT shares	Acquisition	XLIS	2,546	4.415
15-06-2021	09:25:00	CTT shares	Acquisition	XLIS	1,654	4.415
15-06-2021	09:25:00	CTT shares	Acquisition	XLIS	700	4.415
15-06-2021	09:25:00	CTT shares	Acquisition	XLIS	1,521	4.415
15-06-2021	15:59:33	CTT shares	Acquisition	XLIS	197	4.465
15-06-2021	15:59:33	CTT shares	Acquisition	XLIS	724	4.465
15-06-2021	15:59:33	CTT shares	Acquisition	XLIS	9	4.465
15-06-2021	15:59:33	CTT shares	Acquisition	XLIS	387	4.465
15-06-2021	15:59:33	CTT shares	Acquisition	XLIS	4,613	4.465
15-06-2021	16:06:29	CTT shares	Acquisition	XLIS	10,000	4.465
15-06-2021	16:06:29	CTT shares	Acquisition	XLIS	700	4.465
15-06-2021	16:06:29	CTT shares	Acquisition	XLIS	1,274	4.465
15-06-2021	16:06:29	CTT shares	Acquisition	XLIS	700	4.465
15-06-2021	16:06:29	CTT shares	Acquisition	XLIS	700	4.465
15-06-2021	16:06:29	CTT shares	Acquisition	XLIS	696	4.465
15-06-2021	16:13:44	CTT shares	Acquisition	XLIS	676	4.445
15-06-2021	16:13:44	CTT shares	Acquisition	XLIS	4,324	4.445
15-06-2021	16:46:42	CTT shares	Acquisition	XLIS	10,000	4.465
15-06-2021	16:46:42	CTT shares	Acquisition	XLIS	6,128	4.465
15-06-2021	16:46:42	CTT shares	Acquisition	XLIS	3,872	4.465
15-06-2021	17:04:07	CTT shares	Acquisition	XLIS	1,093	4.445
15-06-2021	17:04:07	CTT shares	Acquisition	XLIS	700	4.445
15-06-2021	17:04:07	CTT shares	Acquisition	XLIS	1,400	4.445
15-06-2021	17:04:07	CTT shares	Acquisition	XLIS	700	4.445
15-06-2021	17:04:07	CTT shares	Acquisition	XLIS	913	4.445
15-06-2021	17:04:07	CTT shares	Acquisition	XLIS	4,194	4.445
15-06-2021	17:06:10	CTT shares	Acquisition	XLIS	1,565	4.44
15-06-2021	17:11:43	CTT shares	Acquisition	XLIS	426	4.44
15-06-2021	17:12:50	CTT shares	Acquisition	XLIS	999	4.44
15-06-2021	17:12:54	CTT shares	Acquisition	XLIS	400	4.44
15-06-2021	17:13:23	CTT shares	Acquisition	XLIS	581	4.44
15-06-2021	17:15:03	CTT shares	Acquisition	XLIS	438	4.44
15-06-2021	17:15:48	CTT shares	Acquisition	XLIS	411	4.44
15-06-2021	17:16:31	CTT shares	Acquisition	XLIS	180	4.44

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	(€)
16-06-2021	09:51:12	CTT shares	Acquisition	XLIS	5,075	4.415
16-06-2021	09:51:12	CTT shares	Acquisition	XLIS	4,925	4.415
16-06-2021	09:51:12	CTT shares	Acquisition	XLIS	4,850	4.415
16-06-2021	09:51:12	CTT shares	Acquisition	XLIS	1,640	4.415
16-06-2021	09:51:12	CTT shares	Acquisition	XLIS	3,510	4.415
16-06-2021	11:09:12	CTT shares	Acquisition	XLIS	5,000	4.38

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 3

Trade Date	Trading	Stock	Type of	Trading	Number of	Average Price
Time (CET)	business	Venue	shares	(€)
17-06-2021	10:30:40	CTT shares	Acquisition	XLIS	2,748	4.415
17-06-2021	10:30:40	CTT shares	Acquisition	XLIS	7,252	4.415
17-06-2021	10:30:40	CTT shares	Acquisition	XLIS	657	4.415
17-06-2021	12:17:34	CTT shares	Acquisition	XLIS	656	4.415
17-06-2021	14:00:43	CTT shares	Acquisition	XLIS	1,640	4.415
17-06-2021	14:00:43	CTT shares	Acquisition	XLIS	7,047	4.415
17-06-2021	16:05:11	CTT shares	Acquisition	XLIS	7,100	4.415
17-06-2021	16:05:11	CTT shares	Acquisition	XLIS	2,900	4.415
17-06-2021	16:05:11	CTT shares	Acquisition	XLIS	602	4.415
17-06-2021	16:05:11	CTT shares	Acquisition	XLIS	3,811	4.415
17-06-2021	16:05:11	CTT shares	Acquisition	XLIS	1,500	4.415
17-06-2021	16:05:11	CTT shares	Acquisition	XLIS	911	4.415
17-06-2021	16:06:12	CTT shares	Acquisition	XLIS	3,176	4.415

www.ctt.pt