Sonaecom SGPS S A : 7.1.2023 - Sonaecom, SGPS, S.A. informs on announcement received from Sonae, SGPS, S.A.

Head Office

Lugar do Espido, Via Norte, Maia Registered at the Maia Commercial Registry Sole Registry and Tax Id nr. 502 028 351 Share Capital: Euro 230.391.627, www.sonaecom.pt

(Translation from the Portuguese original)

Standard form for notification of major holdings

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer andto the competent au- thority)

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are at- tached:

SONAECOM SGPS SA (PTSNC0AM0006)

2. Reason for the notification (please tick the appropriate box or boxes):

[X] An acquisition or disposal of voting rights

[ ] An acquisition or disposal of financial instruments [ ] An event changing the breakdown of voting rights [ ] Other (please specify):

3. Details of person subject to the notification obligation :

Name: Sonae, SGPS, SA

City and country of registered office (if applicable): Maia, Portugal

1. Full name of shareholder(s) (if different from 3.):
2. Date on which the threshold was crossed or reached: 23/12/2022
3. Total positions of person(s) subject to the notification obligation:

	% of voting rights at-	% of voting rights		Total number of
	through financial instru-	Total of both in %
	tached to shares (to-	voting rights of is-
	ments	(7.A + 7.B)
	tal of 7.A)	suer
	(total of 7.B.1 + 7.B.2)
Resulting situation
on the date on which	88.469%		88.469%	311340037
threshold was
crossed or reached
Position of previous	88.356%		88.356%
notification (if appli-
cable)

1

7. Notified details of the resulting situation on the date on which the threshold was crossed or reachedi:

A: Voting rights attached to shares

Class/type of	Number of voting rights		% of voting rights
shares
ISIN code (if possi-	Direct		Indirect	Direct		Indirect
(Art 9 of Directive		(Art 10 of Directive	(Art 9 of Directive		(Art 10 of Directive
ble)
2004/109/EC)		2004/109/EC)	2004/109/EC)		2004/109/EC)
PTSNC0AM0006	81377635		194063119	26.138		62.332
SUBTOTAL A	275440754		88.469

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC

Type of financial instrument

Expiration datex

Exercise/ Conversion Period

Number of voting rights that may be acquired if the instrument is exer- cised/ converted.

% of voting rights

SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC

Type of financial	Expiration
instrument	datex

Exercise/ Conversion Period

Physical or cash	Number of
settlement	voting rights

% of voting rights

SUBTOTAL B.2

2