Galp Energia SGPS S A : informs about shares transaction by a person closely related to a member of the Board of Directors

ANNOUNCEMENT

December 3, 2021

Information on shares' transaction by a person closely related to a member of the Board of Directors

Pursuant to the terms of article 248-B of the Portuguese Securities Code, article 14 of the CMVM regulation n.º 05/2008 and article 19 of the EU regulation n.º 596/2014 from the European Parliament and Council, Galp hereby discloses the information received on November 30, 2021, from a person closely related to the member of the Board of Directors Teresa Alexandra Pires Marques Leitão Abecasis, regarding the acquisition and sale of Galp shares, according to the attached communication.

Galp Energia, SGPS, S.A.

Investor Relations:	Contacts:	Website:
	Tel: [phone]
Otelo Ruivo, Director	Fax: [phone]	www.galp.com/corp/en/investors
Inês Clares Santos		Email: [e-mail]
João Antunes	Address:
João G. Pereira	Rua Tomás da Fonseca,	Reuters: GALP.LS
Teresa Rodrigues	Torre A, 1600-209 Lisbon, Portugal
		Bloomberg: GALP PL

This document may include forward-looking statements, including, without limitation, regarding future results, namely cash flows, dividends, and shareholder returns; liquidity; capital and operating expenditures; performance levels, operational or environmental goals, targets or commitments and project plans, timing, and outcomes; production rates; developments of Galp's markets; and impacts of the COVID-19 pandemic on Galp's businesses and results; any of which may significantly differ depending on a number of factors, including supply and demand for oil, gas, petroleum products, power and other market factors affecting them; the outcome of government policies and actions, including actions taken to address COVID-19 and to maintain the functioning of national and international economies and markets; the impacts of the COVID-19 pandemic on people and economies; the impact of Galp's actions to protect the health and safety of its employees, customers, suppliers and communities; actions of Galp's competitors and commercial counterparties; the ability to access short- and long-term debt markets on a timely and affordable basis; the actions of consumers; other legal and political factors, including changes in law and regulations and obtaining necessary permits; unexpected operating events or technical difficulties; the outcome of commercial negotiations, including negotiations with governments and private entities; and other factors discussed in Galp's Management Report & Accounts filed with the Portuguese Securities Market Commission (CMVM) for the year ended December 31, 2020 and available on our website at galp.com. All statements other than statements of historical facts are, or may be deemed to be, forward-looking statements. Forward-looking statements express future expectations that are based on management's expectations and assumptions as of the date they are disclosed and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in such those statements. Galp and its respective representatives, agents, employees or advisers do not intend to, and expressly disclaim any duty, undertaking or obligation to, make or disseminate any supplement, amendment, update or revision to any of the information, opinions or forward-looking statements contained in this document to reflect any change in events, conditions or circumstances. This document does not constitute investment advice nor forms part of and should not be construed as an offer to sell or issue or the solicitation of an offer to buy or otherwise acquire securities of Galp or any of its subsidiaries or affiliates in any jurisdiction or an inducement to engage in any investment activity in any jurisdiction.

ANNOUNCEMENT

December 3, 2021

Statement of Operation on Galp's Financial Instruments

Francisco Abecasis, hereby notifies Galp of the operations carried out relative to financial instruments subject to the duty of disclosure by him, as a closely related person, as presented in the Table below:

Table - Transactions with Financial Instruments

1	Data on Insiders and closely related persons
a)	Name		Teresa Alexandra Pires Marques Leitão Abecasis (insider/Board member)
			Francisco de Carvalho Guerra Abecasis (closely related person)
2	Reason for notification
a)	Position/by-law		Notification of the closely related person with Teresa Alexandra Pires
			Marques Leitão Abecasis (insider/Board member) - Member of the Board
			of Directors and of the Executive Committee
b)	Initial		Initial notification
	notification/alteration
3	Data on the issuer
a)	Name		Galp Energia, SGPS, S.A.
b)	LEI		2138003319Y7NM75FG53
4	Transaction data1
a)	Description of the		Shares
	financial instrument,
	type of instrument		ISIN: PTGAL0AM009
	Identification Code
b)	Nature of the		Acquisition and disposal of shares on the trading Platform XTB
	operation
c)	Price(s) and		Acquisition 1
	volume(s)		Price		Volume
			9.008		445
			Disposal 1
			Price		Volume
			8.804		445
			Acquisition 2
			Price		Volume
			8.800		445
d)	Aggregated
	information:
		Price		Volume
	- Volume
		8.871		1,335
	- Price
e)	Date of operation		Acquisition 1 - 2021-11-10; 15h08m
			Disposal 1 - 2021-11-24; 15h40m

1 Section 4, relating to transaction data, must be repeated for (i) every type of instrument; (ii) every type of operation; (iii) every date; and (iv) every location where operations were carried out.

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ANNOUNCEMENT

December 3, 2021

			Acquisition 2 - 2021-11-24; 15h40m
	f)	Place of operation	Operation on the trading Platform XTB
	Date: November 30, 2021

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