Toyota Caetano Portugal S A : informa sobre as propostas para os pontos 1 a 10 da convocatória da Assembleia Geral a realizar em 30 de maio de 2023. - Versão Inglês

Toyota Caetano Portugal, S.A.

Proposal for the Point One of the Agenda for the Ordinary General Meeting of

TOYOTA CAETANO PORTUGAL, S.A., 30th May 2023

Under the terms of paragraph a) of number 1 of article 376º of the Portuguese Company Code, the Board of Directors has the honor to propose to the Shareholders the Single Management Report and the Individual and Consolidated Accounts and respective annexes, namely the Corporate Governance Report, which includes the Remuneration Report and the Sustainability Report, for the 2022 financial year, so that decisions can be taken on such documents as required by law.

Vila Nova de Gaia, 8th May 2023

The Board of Directors,

Toyota Caetano Portugal, S.A.

Proposal for the Point Two of the Agenda for the Ordinary General Meeting of

TOYOTA CAETANO PORTUGAL, S.A., 30th May 2023

In accordance with the provision laid down in article 376 (1-b) of the Código das Sociedades Comerciais (Commercial Companies Code), we propose the following allocation for profits obtained in the financial year 2022, amounting to € 14 701 869,44, stated in the individual financial statements of Toyota Caetano Portugal, S.A.:

1. To the account of adjustments on financial assets arising from the application of the equity method: € 119 715,53;
2. To dividends to be allocated to the share capital: € 0,25 per share, which, considering its number (35 000 000) totals € 8 750 000,00;
3. To the retained earnings account: € 5 832 153,91.

Vila Nova de Gaia, 8th May 2022

The Board of Directors,

Proposal for the Point Three of the Agenda for the Ordinary General Meeting of

TOYOTA CAETANO PORTUGAL, S.A., 30th May 2023

Under the terms and for the purposes of subparagraph c) of paragraph 1 of article 376 and article 455 of the Commercial Companies Code, the General Meeting shall carry out a general assessment of the Management and Auditing of the Company.

Therefore, it is proposed to be approved a vote of praise and confidence to the activity performed by the Management and Auditing of the Company during the 2022 financial year, and also by each of its members.

Vila Nova de Gaia, 8th May 2023

Pela Salvador Caetano - Auto - SGPS, S.A.:

DECLARATION OF

NOMINATIONS, EVALUATIONS AND REMUNERATIONS COMMITTEE

The Nominations, Evaluations and Remunerations Committee of the company Toyota Caetano Portugal, S.A. hereby declares the following:

1. Compliance with the Remuneration Policy in force in the Company during the
   2022 financial year:

After analyzing the remuneration report prepared by the Board of Directors of Toyota Caetano Portugal, SA, for the year 2022, included in the Corporate Governance Report of the same year, this Committee considers that the attribution of remuneration (fixed and variable, when applicable) to the members of corporate bodies, during the identified period, are in accordance with the remuneration policy in force in the Company, and that there was no deviation from the same.

b) Remuneration Policy for the year 2023:

The remuneration policy in force was approved by the General Meeting of the Company on the 30th November 2021 and, as it has not been subject to any change, it remains in force as of today.

Considering the current socio-economic framework and activity projections for 2023, it is understood that the aforementioned policy is appropriate for the 2023 financial year, however it should be closely monitored, considering not only the uncertainties resulting from the current political situation in Ukraine but also the uncertainties associated with the current macroeconomic context.

NOMINATIONS, EVALUATIONS AND REMUNERATIONS COMMITTEE

Alberto Luis Lema Mandim

Maria Conceição Monteiro da Silva

Francelim Costa da Silva Graça