IMPRESA SGPS S A : informs about Proposal regarding Item Six of the agenda on the Annual General Meeting of May 26th 2023

IMPRESA - SOCIEDADE GESTORA DE PARTICIPAÇÕES SOCIAIS, S.A.

ANNUAL GENERAL MEETING

26/05/2023

PROPOSAL RELATING TO ITEM SIX OF THE AGENDA

Whereas:

1. The General Meeting of IMPRESA - Sociedade Gestora de Participações Sociais, S.A. ("Impresa") is responsible for electing the members of the Board of the General Meeting (article 9, no. 1 of the Articles of Association), of the Board of Directors (article 14, no. 1 of the Articles of Association), of the Audit Committee (article 14, no. 1 of the Articles of Association) and of the Remuneration Committee (article 2, no. 2 of the Regulations of the Remuneration Committee).
2. In accordance with Impresa's articles of association, the members of the governing bodies are elected for four-year terms.
3. The term of office of the governing bodies, corresponding to the four-year period 2019- 2022, ended.

The Shareholder IMPREGER - Sociedade Gestora de Participações Sociais, S.A. ("Impreger") proposes to the General Meeting that the corporate bodies of Impresa have the following composition for the four-year period 2023/2026:

Board of the General Meeting:

Chairman:Mr. Manuel de Abreu Castelo Branco Taxpayer number 104478900

Rua das Codornizes, no. 1632 2750-685 CASCAIS

Secretary:Ms. Maria João da Silva Dias Gonçalves dos Santos Taxpayer number 205381170

Rua da Estrela, no. 37 1200-668 LISBOA

1

Rua Ribeiro Sanches, nº 65. 1200-787 Lisboa - Portugal

Tel: [phone]

NIPC / Matricula C.R.C. Lisboa: 504 191 730 - Capital Social: 17.167.778 Euros

Board of Directors:

Chairman:Mr. Francisco José Pereira Pinto de Balsemão Taxpayer number 126020388

Rua das Nogueiras, no. 7 - Quinta da Marinha 2750-002 CASCAIS

Vice-Chairmans: Mr. Francisco Maria Supico Pinto Balsemão Taxpayer number 194304779

Av. do Lago, nº 146, Bloco 2 - 2º Dto.

2765-420 ESTORIL

Mr. António Mota de Sousa Horta Osório Taxpayer number 181829800

Rua de Santa Catarina, 29, A1 1200-401 LISBOA

Members:Mr. Francisco Pedro Presas Pinto de Balsemão Taxpayer number 206350686

Rua Viriato, no. 5 - 2º Esq.

1050-233 LISBOA

Mr. Manuel Guilherme Oliveira da Costa Taxpayer number 108672646

Rua de Grijó, no. 48 - 2º Dto.

4150-384 PORTO

Ms. Maria Luísa Coutinho Ferreira Leite de Castro Anacoreta Correia Taxpayer number 192826115

Rua do Paraíso da Foz, no. 129 4150-566 PORTO

2

Rua Ribeiro Sanches, nº 65. 1200-787 Lisboa - Portugal

Tel: [phone]

NIPC / Matricula C.R.C. Lisboa: 504 191 730 - Capital Social: 17.167.778 Euros

Ms. Ana Filipa Mendes de Magalhães Saraiva Mendes Taxpayer number 201642760

Pateo do Lencastre, 7 (A Santa Catarina)

1200-403 LISBOA

Ms. Catarina do Amaral Dias Duff Burnay Taxpayer number 216542278

Av. David Mourão Ferreira, nº 51 - 5º B 1750-020 LISBOA

Audit Committee:

Chairman:	Mr. Manuel Guilherme Oliveira da Costa
Members:	Ms. Maria Luísa Coutinho Ferreira Leite de Castro Anacoreta Correia
	Ms. Ana Filipa Mendes de Magalhães Saraiva Mendes].

Remuneration Committee:

Chairman:Mr. Manuel Soares Pinto Barbosa Taxpayer number 155166999 Rua Monte Leite, no. 346, A3 - 1º D 2765-496 ESTORIL

Members:Mr. José Luís Rosado Catarino Taxpayer number 1055434930 Calçada Palma de Baixo, no. 4 - 8 C 1600-176 LISBOA

Ms. Isabel Maria de Lucena Vasconcelos Cruz de Almeida Mota Taxpayer number 102670285

Rua Pedro Escobar, no. 20 1400-275 LISBOA

3

Rua Ribeiro Sanches, nº 65. 1200-787 Lisboa - Portugal

Tel: [phone]

NIPC / Matricula C.R.C. Lisboa: 504 191 730 - Capital Social: 17.167.778 Euros

Opinion on the suitability of the members of the Governing Bodies:

Following the presentation of the list proposed for election of the Governing Bodies, Impreger assessed individually and globally the members of the proposed Governing Bodies and concluded that:

1. the proposed members have a diverse range of skills appropriate to the performance of their functions, considering, in particular, the academic qualifications, specialised training and professional experience in areas relevant to Impresa's activity (law, engineering and technology, business and strategic management, economics and finance, auditing and auditing of accounts, capital markets and risk and sustainability) as proven by their curricula, appropriate for the full compliance with the responsibilities and performance of the functions attributed, also having, as a whole, prior training and experience for the sector in which Impresa operates;
2. the proposed members globally ensure compliance with criteria of diversity and independence, in order to comply with legal criteria and also deemed appropriate for Impresa's policies;
3. each of the members of the Board of Directors meets the requirements of integrity, professional qualifications, experience and availability required for the governing bodies of Impresa and also demonstrate high ethical principles, values and behaviour compatible with the standards required for the governing bodies, as well as the capacity to exercise critical, pondered, constructive and independent judgement;
4. overall, the proposed members ensure compliance with the representativity requirements of independent directors on the Board of Directors and the Audit Committee.

In view of the above, Impresa believes that the list of members for the corporate bodies proposed to the next General Meeting fulfil the applicable legal and recommendatory requirements and meet the conditions for the correct performance of their functions.

Lisbon, 28 April 2023

The Board of Directors of Impreger,

Francisco José Pereira Pinto de Balsemão

Francisco Maria Supico Pinto Balsemão

Mónica da Costa Lobo Pinto de Balsemão

4

Rua Ribeiro Sanches, nº 65. 1200-787 Lisboa - Portugal

Tel: [phone]

NIPC / Matricula C.R.C. Lisboa: 504 191 730 - Capital Social: 17.167.778 Euros

CVs:

Francisco José Pereira Pinto de Balsemão

Member of the Council of State (since July 2005). Chairman of the Selection Panel of the Pessoa Award (since 1987), Chairman of the General Council of the Sá Carneiro Institute (since 1998), member of the "Consejo de Protectores" of "Fondación Carolina "(since 2001), member of the Council of Curators of the Portuguese-Brazilian Foundation (since April 2004), member of the Advisory Board of the magazine "Quaderns del Cac", published by the Audiovisual Council of Catalonia (since August 2009), Chairman of the General Council of AEM - Association of Issuers of Market Listed Securities (since February 2014), Chairman of the General Council of PMP - Private Media Platform (August 2014), Chairman of the Steering Committee of the "Encontros de Cascais" [Cascais Meetings] (since November 2018) and member of the General Council of APDSI - Association for the Promotion and Development of the Information Society (since May 2019).. Doctor Honoris Causa from Universidade Nova de Lisboa (April 2010) and Universidade da Beira Interior (October 2010).

Member of the Steering Committee of the Bilderberg Meetings (1983-2015), member of the Advisory Council of ISEG - Higher Education Institute of Economics and Management (2010-2014), Associate Professor at the Faculty of Social and Human Sciences of Universidade Nova de Lisboa (1987-2002), Chairman of the Board of Directors of the "European Institute for the Media" (1990-1999), Chairman of the "European Television and Film Forum" (1997-2003), Deputy Chairman of the "Journalistes en Europe" Foundation (1995-2003), Chairman of the "European Publishers Council" (1999-2014), member of the Executive Committee of the "Global Business Dialogue"(1999-2002), member of the General Council of COTEC Portugal - Business Association for Innovation (2003-2006), member of the International Advisory Board of the Santander Group (2004-2014), member of the Advisory Board of Universidade de Lisboa (from January 2007 to May 2009), Member of the Committee for the Review of the Strategic Concept of National Defence (June 2012), member of the Selection Panel of the "Príncipe/Princesa de Astúrias de Cooperação Internacional" Award (1985-1986 and 1996-2015),Non-executive Director of the Daily Mail and General Trust plc (2002-2017), Chairman of the Board of the Faculty of Social and Human Sciences of Universidade Nova de Lisboa (2009-2017), External Advisor to the chairman of the 72nd General Assembly of the UN (September 2017 to September 2018) and Chairman of the Board of the General Meeting of COTEC Portugal - Business Association for Innovation (20162022), member of the Steering Committee (May 2004-July 2022) and Co-Chair (November 2018-July 2022) of the Ibero-American Forum.

Law degree from the Lisbon Law School (FDL), where he attended the supplementary course of Political and Economic Sciences. Journalist, management secretary (1963-1965) and director (1965-1971) of the Diário Popular newspaper. Founder and director of the Expresso newspaper (1973-1980), founder of the Social Democratic Party (1974), Member of Parliament and deputy chairman of the Constitutional Parliament (1975), Member of Parliament in 1979, 1980 and 1985, Deputy Minister of State for the 6th Constitutional Government (1980) and Prime Minister for the 7th and 8th Constitutional Governments (1981-1983). Founder and main driver of the launch of SIC (1992), the first private television channel in Portugal.

Currently, he is Chairman of the Board of Directors of Impresa - Sociedade Gestora de Participações Sociais, S.A., Chairman of the Board of Directors of IMPRESA PUBLISHING, S.A., Chairman of the Board of Directors of SIC - Sociedade Independente de Comunicação, S.A., Chairman of the Executive Board of BALSEGER, SGPS, S.A., Chairman of the Board of Directors of IMPREGER - Sociedade Gestora de Participações Sociais, S.A., Manager of Sociedade Turística da Carrapateira, LDA. and Manager of Estrelícia - Investimentos Imobiliários, Unipessoal, LDA.