SAG GEST : SGPS, SA announces Deliberations of the Annual Shareholders Meeting held on 29.07.2017

SAG GEST - Soluções Automóvel Globais, SGPS, SA, a listed company, hereby announces that, in the Annual General Shareholders Meeting held today, with 80,08% of the share capital represented, the Shareholders made the following deliberations:

1. To approve the Management and Separate Financial Statements for FY 2016, including the review of the Corporate Governance Report, as submitted;

2. To approve the Consolidated Management Report and the Consolidated Financial Statements for FY 2016, as submitted;

3. To approve the Board of Directors' proposal for profit appropriation in relation to FY 2016, as follows:

   "The Net Profit for the year 2016 was Eur 3,219,895, and it was proposed that it be applied as follows:

   • To increase Legal Reserve: Eur 160,995, corresponding to 5% of Net Profit for the year;

   • For Retained Earnings: Eur 3,058,900.

     With the approval of this proposal, the Legal Reserve will become Eur 15,077,124, still lower than the legally established minimum of 20% of the Capital Stock.

     The Board of Directors proposes that no dividends be distributed to Shareholders."

4. To approve a motion of confidence and praise for the activity conducted by the management and audit bodies during FY 2016;

5. To approve the Salaries Committee's statement on the corporate boards remuneration policy, as per the terms submitted;

6. To approve the Board of Directors' proposal concerning acquisition and sale of

treasury stock, as per the terms submitted.

The Minute of the Annual General Shareholders Meeting shall be available at the Company´s website www.sag.pt, within a five day period after the General Meeting has been held.

29 May 2017

José Maria Cabral Vozone Investor Relations