Sonae Capital : SGPS, SA informs on transaction by persons closely associated with persons discharging managerial responsibilities (“Dirigentes”)

SONAE CAPITAL, SGPS, SA

Publicly Traded Company

Registered Office: Lugar do Espido, Via Norte, Maia

Share Capital: € 250,000,000.00

Registered at the Commercial Registry of Maia

Registration and Tax Nr. 508 276 756

(Translation from the Portuguese original)

TRANSACTION BY PERSONS CLOSELY ASSOCIATED WITH PERSONS DISCHARGING MANAGERIAL

RESPONSIBILITIES ("DIRIGENTEs")

Sonae Capital, SGPS, S.A. informs, under the terms and for the purposes of article 248-B of the Portuguese Securities Code and article 19 of Regulation (EU) No 596/2014, of the European Parliament and of the Council of 16 April 2014, that Efanor Investimentos, SGPS, S.A, person closely associated with Duarte Paulo Teixeira de Azevedo, Ângelo Gabriel Ribeirinho dos Santos Paupério and Maria Cláudia Teixeira de Azevedo, members of the board of directors of Sonae Capital, SGPS, S.A., informed on 13 October 2020 that it has acquired shares representing the share capital of Sonae Capital, SGPS, S.A. as described in the attached notification form (in accordance with and for the purposes of Commission Implementing Regulation (EU) 2016/523 of 10 March 2016, which lays down implementing technical standards with regard to the format and template for notification and public disclosure of transactions in accordance with Regulation (EU) No 596/2014, of the European Parliament and of the Council of 16 April 2014).

Maia, 14 October 2020

The Representative for Capital Market Relations,

Head Office

Lugar do Espido, Via Norte

Apartado 3053 | 4471-907 Maia

Portugal

For further information, please contact Sonae Capital Investor Relations Department:

Nuno Parreiro

1. [e-mail] T. 22 010 79 11

www.sonaecapital.pt

ANNEX

Communication of transactions by persons closely associated with persons discharging managerial

responsibilities

• Details of the person discharging managerial responsibilities and person closely associated

a) Name	Efanor Investimentos, SGPS, S.A.

• Reason for the notification

1. Position/status

1. Initial notification/ Amendment

This notification concerns a person closely associated with persons discharging managerial responsibilities, as Duarte Paulo Teixeira de Azevedo, Ângelo Gabriel Ribeirinho dos Santos Paupério and Maria Cláudia Teixeira de Azevedo are members of the management body of Sonae Capital, SGPS, S.A. and members of the management body of Efanor Investimentos, SGPS, S.A.

Initial notification.

• Details of the issuer

1. Name
2. LEI

4.1 Details of the transaction

1. Description of the financial instrument, type of instrument Identification code
2. Nature of the transaction
3. Price(s) and volume(s)

Sonae Capital, SGPS, S.A.

549300EX1XPP41B75893

Sonae Capital, SGPS, S.A. shares.

ISIN PTSNP0AE0008.

Acquisition not associated with the exercise of stock option programs or the specific examples referred to in Article 19(7) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of April 16, 2014.

Price(s)	Volume(s)
€ 0,700	9
€ 0,700	125
€ 0,700	156
€ 0,700	2 500
€ 0,700	12
€ 0,700	125

			€ 0,700	62
			€ 0,700	1 500
			€ 0,700	10 000
			€ 0,700	10 000
			€ 0,700	10 000
			€ 0,700	825
			€ 0,700	125
			€ 0,700	23 500
			€ 0,700	700
			€ 0,700	300
			€ 0,700	103 875
			€ 0,700	1 076
			€ 0,700	10 000
			€ 0,700	250
			€ 0,700	7 733
			€ 0,700	9 000
			€ 0,700	10 000
			€ 0,700	5 000
			€ 0,700	5 000
			€ 0,700	312
			€ 0,700	250
			€ 0,700	1 500
			€ 0,700	2 245
			€ 0,700	5 000
			€ 0,700	1 000
			€ 0,700	62
			€ 0,700	10 000
			€ 0,700	3 000
			€ 0,700	1 250
			€ 0,700	20 000
			€ 0,700	3 519

1. Aggregated information
2. • Aggregated volume
   • Price
3. Date of the transaction
4. Place of the transaction

4.2 Details of the transaction

1. Description of the financial instrument, type of instrument Identification code
2. Nature of the transaction
3. Price(s) and volume(s)

Price(s)	Volume(s)
€ 0,700	260 011

2020-10-12; UTC+1

EURONEXT - EURONEXT LISBON, XLIS

Sonae Capital, SGPS, S.A. shares.

ISIN PTSNP0AE0008.

Acquisition not associated with the exercise of stock option programs or the specific examples referred to in Article 19(7) of Regulation (EU) No. 596/2014 of the European Parliament and of the Council of April 16, 2014.

Price(s)	Volume(s)
€ 0,700	4 030
€ 0,700	10 000
€ 0,700	5 000
€ 0,700	500
€ 0,700	125
€ 0,700	337
€ 0,700	150
€ 0,700	9 000
€ 0,700	10 000
€ 0,700	14 850
€ 0,700	875
€ 0,700	875
€ 0,700	90 000
€ 0,700	25
€ 0,700	25
€ 0,700	31
€ 0,700	2 000
€ 0,700	650