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 27 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, 27 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)
€ 0,770	2 000
€ 0,770	75
€ 0,770	375
€ 0,770	2 400
€ 0,770	3 000
€ 0,770	87

			€ 0,770	250
			€ 0,770	7 000
			€ 0,770	500
			€ 0,770	6
			€ 0,770	13 000
			€ 0,770	2 034
			€ 0,770	625
			€ 0,770	550
			€ 0,770	6
			€ 0,770	95 757
			€ 0,770	9 500
			€ 0,770	2 598
			€ 0,770	1 000
			€ 0,770	75
			€ 0,770	5 494
			€ 0,770	15 260
			€ 0,770	65 000
			€ 0,770	825
			€ 0,770	324
			€ 0,770	1 923
			€ 0,770	13 300
			€ 0,770	87
			€ 0,770	4 000
			€ 0,770	5 000
			€ 0,770	22 608
			€ 0,770	125
			€ 0,770	125
			€ 0,770	8 775
			€ 0,770	5 617
			€ 0,770	3 000
			€ 0,770	81

			€ 0,770	20 000
			€ 0,770	250
			€ 0,770	1 000
			€ 0,770	1 000
			€ 0,770	668
			€ 0,770	365
			€ 0,770	1 300
			€ 0,770	2 500
			€ 0,770	2 500
			€ 0,770	118
			€ 0,770	171
			€ 0,770	250
			€ 0,770	3 000
			€ 0,770	125
			€ 0,770	5 000
			€ 0,770	5 000
			€ 0,770	700
			€ 0,770	62
			€ 0,770	187
			€ 0,770	9 117
			€ 0,770	475
			€ 0,770	6 502
			€ 0,770	750
			€ 0,770	324
			€ 0,770	2 000
			€ 0,770	1 750
			€ 0,770	150
			€ 0,770	625
			€ 0,770	1 500
			€ 0,770	500
			€ 0,770	2 000