Sociedade Comercial Orey Antunes : Orey informa sobre deliberações da Assembleia Geral de Acionistas de dia 11 de Julho de 2017 - Versão Inglesa

Sociedade Comercial Orey Antunes, S.A. Listed company with the Share Capital of 12,000,000.00 (twelve million euros) Registered Office: Rua Maria Luisa Holstein, n.º 20, 1300-388 Lisboa Registered under the Commercial Registry Office of Lisbon under sole identification and tax payer number 500 255 342

Notice

Sociedade Comercial Orey Antunes, S.A. (the "Company") hereby informs that, in the Annual General Shareholders' Meeting held today, 11 July 2017, the following proposed resolutions on the Agenda were approved:

1. Approval of the individual and consolidated accounts for financial year 2016, including: (a) the individual and consolidated management reports; (b) the individual and consolidated accounts; (c) the legal certification of the individual and consolidated accounts; (d) the report and opinion of the Audit Board; and (e) the corporate governance report.

2. Approval of the proposal for the application of the net profits on a consolidated and individual basis purporting to the fiscal year 2016, as follows: (a) negative profits calculated on a consolidated basis of 12.793.359 euros; (b) negative profits calculated on an individual basis of 13.999.834 euros;

   (c) allocation of profits to legal reserve of 0 (zero) euros; e (d) allocation the remainder of profits to retained earnings.

3. Approval of the overall positive appraisal of the performance of the management and supervisory corporate bodies of the Company and of its members by the shareholder Orey Inversiones Financeira, S.L..

4. Approval of the annual information of the Compensation Committee's.

1. Approval of the Board of Director's authorization on the acquisition and disposal of treasury shares by the Company.

2. Approval of the Board of Director's authorization on the acquisition and disposal of treasury bonds by the Company and its subsidiaries.

3. Approval of the suppression of the shareholders' pre-emption rights in the share capital increase to be resolved by the Board of Directors under Article 8 of the Company's Articles of Association.

4. Approval of the subscription offer of shares in the share capital increase to be resolved by the Board of Directors under Article 8 of the Company's Articles of Association.

5. Approval of the issue of bonds and other securities of any kind by the Board of Directors and, notably, the respective amount under Article 8(5) of the Company's Articles of Association.

Items 5 and 6 in the agenda were withdrawn by the proponents and were not voted.

Note: All of the above mentioned proposals and potentially applicable ancillary documentation are available atwww.orey.com.

Lisbon, 11 July 2017

The Board of Directors