Maia, 17th October 2017

(Translation from the Portuguese original)

AMENDMENT TO THE COMPANY'S ARTICLES OF ASSOCIATION

Sonae hereby informs that the Board of Directors approved today, using the powers attributed by paragraph 2 of Article 2 of the Decree-Law no. 123/2017, of 25th of September, an amendment to paragraph 4 of Article 8 of the Company's Articles of Association, to incorporate in the Articles of Association the principle of not issuing bearer bonds, pursuant to Law no. 15/2017, of 3rd of May, as regulated by the abovementioned Decree-Law, as follows:

"Four - The bonds issued by the company shall be registered bonds, and may be issued in book- entry or certificated form, being applicable, mutatis mutandis, number two of the previous article."

The Board of Directors,

Head Office

Lugar do Espido, Via Norte, Maia Share Capital: €2.000.000.000,00

Maia Commercial Registry and Fiscal Number 500273170 Sociedade Aberta

For further information please contact the Investor Relations Department at Sonae:

PATRÍCIA VIEIRA PINTO

Head of Investor Relations / Sonae

T. +351 220 104 724 // E. pavpinto@sonae.pt www.sonae.pt

Sonae SGPS SA published this content on 17 October 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 October 2017 18:05:08 UTC.

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