Ibersol SGPS S A : Participação Qualificada – RIVER and MERCANTILE ASSET MANAGEMENT LLP

IBERSOL, SGPS, S.A.

Sociedade Aberta

Sede Social: Praça Bom Sucesso, 105 a 159, 9º andar, 4150-146 Porto

Capital Social: 36.000.000 Euros Matriculada na C.R.C. Porto sob o nº 51.117

Contribuinte nº 501 669 477

INFORMAÇÃO

Participação Qualificada

Nos termos e para os efeitos dos artigos 16ª e 17º do Código dos Valores Mobiliários informamos que a RIVER and MERCANTILE ASSET MANAGEMENT LLP comunicou, hoje, à Ibersol que no dia 27 de Março de 2020reduziu para menos de 2% os direitos de votos imputáveis, conforme anexo.

Porto, 27 de Maio de 2021

O Conselho de Administração,

Date:22 October 2015

ESMA/2015/1597

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer andto the competent authority)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are at- tachedii:

IBERSOL SGPS

2. Reason for the notification (please tick the appropriate box or boxes):

[ ] An acquisition or disposal of voting rights

• ] An acquisition or disposal of financial instruments
• ] An event changing the breakdown of voting rights [X] Other (please specify)iii:

In-Specie Redemption

3. Details of person subject to the notification obligationiv :

Name:

River and Mercantile AssetCity and country of registered office (if applicable):

Management LLP

30 Coleman Street, London, EC2R 5AL

4. Full name of shareholder(s) (if different from 3.)v:

Discretionary Clients

5. Date on which the threshold was crossed or reachedvi:

27/03/2020

6. Total positions of person(s) subject to the notification obligation:

	% of voting rights	% of voting rights		Total number of
	through financial in-	Total of both in %
	attached to shares	voting rights of
	struments	(7.A + 7.B)
	(total of 7.A)	issuervii
		(total of 7.B.1 + 7.B.2)
Resulting situation
on the date on which	1.8365%		1.8365%	36,000,000
threshold was
crossed or reached
Position of previous
notification (if appli-	2.0772%		2.0772%
cable)

1

7. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type of	Number of voting rightsix		% of voting rights
shares
ISIN code (if possi-	Direct		Indirect	Direct	Indirect
(Art 9 of Directive		(Art 10 of Directive	(Art 9 of Directive	(Art 10 of Directive
ble)
2004/109/EC)		2004/109/EC)	2004/109/EC)	2004/109/EC)
PTIBS0AM0008	661,155			1.8365%

SUBTOTAL A	661,155	1.8365%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC

			Number of voting rights
Type of financial	Expiration	Exercise/	that may be acquired if	% of voting rights
instrument	datex	Conversion Periodxi	the instrument is exer-
			cised/ converted.
		SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC

Type of financial	Expiration	Exercise/	Physical or cash	Number of
Conversion	% of voting rights
	x		xii
instrument	date	Period xi	settlement		voting rights

SUBTOTAL B.2

2

8. Information in relation to the person subject to the notification obligation (please tick the applica- ble box):

• ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[ ] Fullchain of controlled undertakings through which the voting rights and/or the

financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

	% of voting rights if it	% of voting rights	Total of both if it
	through financial in-
	equals or is higher	equals or is higher
Namexv	struments if it equals
than the notifiable	than the notifiable
	or is higher than the
	threshold	threshold
	notifiable threshold
River and Mercantile
Group Plc
River and Mercantile
Holdings Limited
River and Mercantile
Asset Management
LLP

1. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
2. Additional informationxvi:

3