ANNOUNCEMENT June 3, 2016

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ISIN

PTBCP0AM00007

Banco Comercial Português informs about conclusion of evaluation process for strategic scenarios for ActivoBank

Banco Comercial Português, S.A. (“BCP”) hereby informs that it has completed today the evaluation of several scenarios to enhance the value of ActivoBank, a leading online bank in Portugal. It also informs having decided to keep ActivoBank in the BCP Group, given its ability to generate value, especially in the context of the expected evolution of BCP’s banking business.

End of announcement Banco Comercial Português, S.A.

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BANCO COMERCIAL PORTUGUÊS, S.A., a public company (sociedade aberta) having its registered office at Praça D. João I, 28, Oporto, registered at the Commercial Registry of Oporto, with the single commercial and tax identification number 501 525 882 and the share capital of EUR 4,094,235,361.88

INVESTOR RELATIONS Rui Coimbra Phone +351 211 131 084 [email protected] [email protected] [email protected]

MEDIA CONTACT Erik T. Burns Phone +351 211 131 242 Mobile +351 917 265 020 [email protected] [email protected]