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Share Buy-Back Programme

Within the scope of its Strategic Plan 2025-28, Banco Comercial Português, S.A. (“BCP”) plans to execute share buyback programs, aiming to ensure, together with the payment of ordinary dividends, a distribution to shareholders of up to 75% of the consolidated net result generated from 2025 to 2028, subject to the approval of the competent authorities.

BCP's share buyback programs will be based on the Bank's capital position and aligned with its commitment to maintain a CET1 capital ratio above 13.5%, as well as with the purpose of optimizing shareholder remuneration.

The acquisition of own shares within the context of the buyback programs will take place in accordance with (i) the terms and conditions approved by the Bank's Executive Committee, (ii) the terms and conditions established in the resolutions of the General Shareholders' Meeting, including those that, at any given time, authorize the acquisition of own shares and/or approve their extinction, and (iii) the market abuse legislation in force at all times, in particular, Regulation (EU) No. 596/2014 of the European Parliament and of the Council of April 16, 2014, and the Delegated Regulation (EU) 2016/1052 of March 8, 2016.

On April 8, 2025, BCP announced that, on that date, its Executive Committee approved a share buyback program in the total amount of €200,000,000.00, starting on April 14, 2025, and ending on October 14, 2025 (inclusive), without prejudice to the possibility of its early termination, namely by decision of the Bank or if the maximum number of shares to be acquired or the maximum monetary amount established is reached (“Buyback Program”).

Complete and updated information about the Buyback Program is available below.

Link to the inside informations announced on CMVM SDI