Conditions for Participation in the General Meeting

1. Under the terms of the Bank's Articles of Association, each share corresponds to one vote.


2. The right to participate in the General Meeting depends on proving that you are a Shareholder with the right to vote at 0.00 a.m. (Portugal legal time) on 29 April (Registration Date), which corresponds to the 5th trading day prior to the meeting.


3. Shareholders wishing to participate in the General Meeting of Shareholders must necessarily declare their intention to do so to the financial intermediary(ies) with which their shares are registered by 11.59 p.m. (Portugal legal time) on 28 April. Please see instructions and form here.
   
   Statements for the financial intermediary when this is Banco Comercial Português, S.A. or Banco ActivoBank, S.A., are also mandatory.


4. The financial intermediary whose client has expressed an intention to participate in the General Meeting transmits this intention to the Chairman of the Board and sends information on the number of shares registered in the name of that client, with reference to the Registry Date. This communication must be received no later than 11.59 p.m. (Portuguese legal time) on 29 April, using the email pmag@millenniumbcp.pt.
   
   Shareholders regarding whom the information from the financial intermediary requested under the terms referred to above has not been received by 11.59 p.m. (Portugal legal time) on 29 April will not be allowed to vote or attend the General Meeting.


5. Shareholders who, in their professional capacity, hold shares in their own name but on behalf of clients may vote in a different direction with their shares, provided that, in addition to the declaration of intention to participate in the General Meeting of Shareholders and the submission by the respective financial intermediary of the information referred to in the previous paragraph, they present sufficient and proportionate evidence to the Chair of the Board by 11:59 PM (Portugal legal time) on 29 April 2026, with sufficient and appropriate means of evidence: (i) the identification of each client; (ii) the number of shares to be voted on their behalf; and, (iii) the specific voting instructions for each item on the Agenda, given by each client.


6. Shareholders who sell their shares between the Registration Date and the close of the General Meeting are obliged to immediately notify the Chairman of the Board of the General Meeting (Please see instructions and form here) and Comissão do Mercado de Valores Mobiliários (CMVM), (Please see instructions and form here), of the transfer, without prejudice to the exercise of their right to participate and vote in the General Meeting.

Having complied with the procedures referred to in I above, the Shareholders may present themselves at the place of the General Meeting from 1:30 PM, and the meeting will start from 2:30 PM.

The physical presence of a Shareholder or his/her proxy implies the revocation of the vote previously cast, unless there is express opposition to its revocation.

1. To exercise the right to vote by electronic means


1. Shareholders (natural persons or Self-employed Individual Entrepreneurs) who are customers of Millennium bcp or ActivoBank, or Shareholders who have access to the "Espaço Acionista BCP", can directly access and fill in the electronic voting form


2. Shareholders (natural persons or Self-employed Individual Entrepreneurs) who do not yet have such access must register in the "Espaço Acionista BCP" as a shareholder, following the steps indicated, after which they will be able to vote electronically and appoint a proxy. See here how to register in the Shareholder Area


2. Electronic voting is not available to shareholders who are legal persons


3. The period for the exercise of the vote by electronic means runs between 00:00 on 29 April and 5:00 PM on 05 May.


4. Once the right to vote by electronic means has been exercised, and under the terms of article 22-A of the Securities Code, an electronic confirmation of receipt of the votes will be sent to the person who sent them.


5. Votes cast by electronic means are taken into account when the vote is counted in addition to those cast during the General Meeting.


6. Votes cast in this manner may be changed during the General Meeting exclusively during the period indicated for this purpose by the Chair of the Board. The change will be made by SMS message to the mobile phone number to be made available by the Bank, by 6 May, at www.millenniumbcp.pt and in the CMVM's Information Dissemination System, indicating the item on which the change is to be made, as well as the new voting direction.


7. In order for the change of vote to be made securely, it will only be considered if it is sent via the mobile phone number registered in the Bank's system.

1. Shareholders can obtain a postal ballot paper on this page.


2. Once the form has been completed in accordance with the instructions contained therein, it can be sent to the email address pmag@millenniumbcp.pt or sent in a sealed envelope addressed to the Chairman of the Board, which should be placed inside another envelope addressed to Banco Comercial Português, S.A., Departamento de Títulos/Securities Department, Apartado 4744, 4012-970, Porto, Portugal.


3. The ballot must be received by the company by 5 pm on 05 May.


4. When the ballot paper does not indicate a vote, the votes cast are counted as abstentions for proposals that have already been announced when the right to vote is exercised and as negative votes for proposals that are not announced until a later date.


5. The vote exercised by this mean may be changed during the session of the General Meeting, exclusively during the period indicated by the Chairman of the General Meeting for that purpose. The change will be made by SMS message to the mobile phone number to be made available by the Bank, by 06 May, at www.millenniumbcp.pt and in the CMVM's Information Dissemination System, indicating the item on which the change is to be made, as well as the new voting direction.


6. So that the vote alteration be made with the required safety, it shall only be considered if sent through the mobile phone number identified in the ballot form.

1. Shareholders may be represented by any person with full legal capacity appointed for this purpose using the proxy form available on this page (Please see instructions and form here).


2. Only proxies received by the Bank by 5 pm on 05 May will be taken into account.


3. Shareholders may appoint different representatives for the shares they hold, provided they are registered in different securities accounts. However, in accordance with the provisions of article 385 of the SC, the Shareholder and his/her representative(s) are obliged to vote in the same way with all their shares.


4. If votes are cast in different ways, including for these purposes an abstention, all votes cast by and/or on behalf of the Shareholder in question will be considered null and void.


5. If a Shareholder has previously voted by post or by electronic means and subsequently appoints a proxy, the vote will be revoked and the proxy will be considered, thus taking into account the last will demonstrated by the Shareholder.


6. If a proxy represents different Shareholders who wish to vote in different ways, the proxy must attend the General Meeting in person or, if participating by electronic means, must vote in advance for each of the Shareholders they represent, and may not change their vote during the meeting.


7. The simultaneous participation in the General Meeting of Shareholders, whether in person or by electronic means, of Shareholders and their proxies is not permitted. In the event that the represented Shareholder attends the Meeting, any proxies issued by him/her will be revoked.


8. Shareholders may revoke the proxy(ies) assigned to the Meeting, provided that they notify the Chairman of the Board by 5 pm on 05 May.

As stated in the respective call notice, the General Meeting will be held simultaneously at the Bank's premises, located at Taguspark, Av. Prof. Doutor Cavaco Silva, Building 8, in Porto Salvo, Oeiras and through electronic means.

Shareholders or their registered and duly authorised proxies who wish to participate in the meeting by electronic means must vote in advance by post or by electronic means, in the case of shareholders, or by post, in the case of proxies, in accordance with the terms of the Call Notice of Meeting and may in any case change their vote during the meeting.

For this purpose, the Shareholders or their representatives will receive, on the day before the meeting, a hyperlink (link) to the email address provided by those in the postal ballot form, in the letter requesting a secret code to vote by mail using electronic means or in the letter of representation, through which they can follow the Meeting; however, they must ensure in advance that they have adequate means to do so, namely a computer, tablet or smartphone, with internet access.

To change the vote during the Meeting, please see the procedures in Chapter IV, paragraph e).

If the Shareholder or their proxy tries to log in with an e-mail address other than the one previously provided, they will be denied access to the digital platform.

If the Shareholder declares that he/she wishes to participate in the meeting by electronic means after the deadline for requesting the code for voting by electronic means has passed (section III), he/she may only vote by post, in compliance with the rules contained in the respective Ballot and section IV.

See practical information

The personal data that shareholders, financial intermediaries and shareholder proxies provide to the Company when exercising their rights to participate, represent and vote at the General Meeting of Shareholders will be processed by the Company for the purpose of managing its relationship with shareholders in the context of the General Meeting in order to fulfil its legal obligations, and will be kept for the periods legally established in the Companies Code and the Securities Code or until the final resolution of any matter relating to the General Meeting, including the respective deliberative process and voting results. Moreover, shareholders may exercise their rights, under the applicable legal terms, to request access to personal data concerning them, as well as its rectification, restriction of processing or the right to object to processing, via email: protecao.dados.pessoais@millenniumbcp.pt.