Sonae - SGPS, SA announced appointment of several governing positions: Chairman of the Board of Directors, Executive Committee, Board Committees, Company Secretary and Representative for Market Relations. Sonae announced that, at the Board of Directors Meeting, held on May 4, 2015 the following resolutions were taken. Appointed the Director Duarte Paulo Teixeira de Azevedo as Chairman of the Board of Directors Constituted an Executive Committee composed of the following members:- Duarte Paulo Teixeira de Azevedo (Co-CEO)- Angelo Gabriel Ribeirinho dos Santos Pauperio (Co-CEO).

Appointed Board Committees with specialised competences, composed as Board Audit and Finance Committee: Jose Manuel Neves Adelino (Chairman), Andrew Eustace Clavering Campbell, Christine Cross, Tsega Gebreyes, Marcelo Faria de Lima. Board Nomination and Remuneration Committee: Duarte Paulo Teixeira de Azevedo (Chairman), Jose Manuel Neves Adelino, Christine Cross. Appointed the Company Secretary: Luzia Leonor Gomes e Borges Ferreira (Effective), Raquel Sousa Rocha (Substitute).

Appointed the Representative for the Market Relations: Luzia Leonor Gomes e Borges Ferreira.