Galp Energia Announces Management Changes

Galp Energia, SGPS, S.A. is a leading European oil and gas group. The group also produces electrical power. Net sales break down by activity as follows: - distribution of oil, natural gas and electricity (45.2%): 13.8 TWh of natural gas sold in 2023; - refining and distribution (36.5%): 7.1 million tons of oil products sold. At the end of 2023, the group operated 1,463 service stations in Portugal, Spain and Africa; - exploration and production of crude oil (16.3%). At the end of 2023, the group's portfolio consisted 13 blocks in Brazil, 3 blocks in Sao Tome and Principe, 2 blocks in Mozambique and 1 block in Namibia; - other (2%). Net sales are distributed geographically as follows: Europe (84%), Latin America (12.4%) and Africa (3.6%).