Galp Energia SGPS S A : informs about weekly report on share repurchase transactions

March 17, 2023

Weekly report on share repurchases

In the context of the share repurchase programme of Galp Energia SGPS, SA's ordinary shares with the purpose to reduce the issued share capital, the Company informs about the transactions occurred during the period from 13 March 2023 to 17 March 2023 (inclusive).

According to the information provided by the intermediary appointed to make the purchases, Galp has acquired shares in Euronext Lisbon regulated market, as detailed in the table below (aggregated information):

Day	Number of Shares	Weighted Average Price (€/sh)	Transactions Amount (€k)
13/03/2023	352,564	€10.5176	€3,708
14/03/2023	458,154	€10.4214	€4,775
15/03/2023	341,663	€10.0245	€3,425
16/03/2023	511,714	€9.8255	€5,028
17/03/2023	481,077	€9.9382	€4,781

Galp has currently 5,788,103 treasury shares (equivalent to 0.70% of the share capital), which were bought for an aggregate amount of €62.9 m.

All the detailed information regarding Galp's buyback programmes, including the details on daily trades, are available on our website, here.

Galp Energia, SGPS, S.A.

Investor Relations:	Contacts:
	Website: www.galp.com/corp/en/
Otelo Ruivo, Director	Tel: [phone]	Email: [e-mail]
João G. Pereira
Teresa Toscano	Address:	Reuters: GALP.LS
Tommaso Fornaciari	Rua Tomás da Fonseca,	Bloomberg: GALP PL
César Teixeira	Torre A, 1600-209 Lisbon, Portugal

This document may include forward-looking statements. 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. Accordingly, neither Galp nor any other person can assure that its future results, performance or events will meet those expectations, nor assume any responsibility for the accuracy and completeness of the forward-looking statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Galp to market risks and statements expressing management's expectations, beliefs, estimates, forecasts, projections, and assumptions. These forward-looking statements may generally be identified by the use of the future, gerund or conditional tense or the use of terms and phrases such as "aim", "ambition", "anticipate", "believe", "consider", "could", "develop", "envision", "estimate", "expect", "goals", "intend", "may'', "objectives", "outlook", "plan", "potential", "probably", "project", "pursue", "risks", "schedule", "seek", "should", "target", "think", "will" or the negative of these terms and similar terminology. This document may include data and information provided by third parties, which are not publicly available. Such data and information should not be interpreted as advice and you should not rely on it for any purpose. You may not copy or use this data and information except as expressly permitted by those third parties in writing. To the fullest extent permitted by law, those third parties accept no responsibility for your use of such data and information except as specified in a written agreement you may have entered into with those third parties for the provision of such data and information. 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.