

| PHAROL SGPS SA | 27/03/2020 AGM | |
|---|---|---|
| 1 | Approve Individual Financial Statements and Statutory Reports | For |
| 2 | Approve Consolidated Financial Statements and Statutory Reports | For |
| 3 | Approve the Dividend | For |
| 4 | Appraise Management and Supervision of Company and Approve Vote of Confidence to Corporate Bodies | For |
| 5 | Authorize Repurchase and Reissuance of Shares | Oppose |
| 6 | Approve Statement on Remuneration Policy | Abstain |