Banco BPI, S.A.

Public held company
Head Office: Rua Tenente Valadim, 284, Porto, Portugal
Share capital: € 1 190 000 000
Registered in Oporto C.R.C. and corporate body no. 501 214 534

RESOLUTIONS PASSED AT THE SHAREHOLDERS' GENERAL MEETING OF 23 APRIL 2014

Banco BPI, S.A. announces that it held its Annual General Meeting today in Porto, at which 211 shareholders were either present or represented, holding shares corresponding to 85,05% of the total number of shares representing the share capital.
The General Meeting thus constituted:
a) Approved, by 99,99% of the votes cast, the Directors' Report and individual and consolidated accounts of Banco BPI relating to 2013;
b) Approved, by 99,99% of the votes cast, the proposed appropriation of 2013 results;
c) Approved, by 99,99% of the votes cast, a vote of confidence in and praise for the Board of Directors and the Supervisory Board, extensive to all and each one of the members of the governing bodies, for the manner in which they carried out their respective functions during the 2013 financial year;
d) Unanimously approved, the ratification of the independent statutory auditor, selected by the Board of Directors for the purpose of preparing a report on contributions in kind to be made under the capital increase;

e) Approved, by 99,99% of the votes cast, the capital increase up to € 113 849 649, to be carried out through contributions in kind, as well as on the subsequent amendment to paragraph 1 of Article 4 of the Articles of Association;

f) For the 2014/2016 term of office, approved by 96,48% of the votes cast, the election of the members of the Board of the General Meeting, and by identical percentage of
96,49% of the votes cast the election of the members of the Board of Directors, of the
Supervisory Board and the Statutory Auditor;
g) For the 2014/2016 term of office, approved by 96,79% of the votes cast, the election of the members of the Remuneration Committee
h) Approved, by 99,99% of the votes cast, the Remuneration Committee's declaration on the remuneration policy relating to the members of the management and supervisory bodies
i) Approved, by 99,99% of the votes cast, an authorisation for the Board of Directors to acquire and dispose of own shares.
Porto, April 23, 2014

Banco BPI, S.A.
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