5/14/2026 | Dividends

Dividend payment

The general meeting of Galp Energia, SGPS, S.A. held on May 8, 2026 approved the 2025 dividend of €0.64 per share. On August 18, 2025, an interim dividend of €0.31 per share was paid.

According to the Portuguese law, shareholders are hereby notified that the remaining dividend amount will be payable as from May 21, 2026, as follows:

 

Gross dividend per share EUR 0.33

Personal income tax (28%)(1)       EUR 0.0924

Net dividend per share       EUR 0.2376

Corporate income tax (25%)(1)       EUR 0.0825

Net dividend per share       EUR 0.2475

 

The ex-dividend date is May 19, 2026 and the record date is May 20, 2026.

The dividends will be paid through the Portuguese Central Securities Depository (“Central de Valores Mobiliários”), by means of credit in the accounts of Banco Santander Totta, S.A., acting as the paying agent.

This public announcement is made pursuant to article 29.º-K of the Portuguese Securities Code and under the terms of article 7 of the CMVM Regulation 1/2023.

 

(1) For potential tax exemption, exclusion from withholding or reduction of the withholding tax rate, shareholders must confirm their tax status with the financial institution at which their shares are deposited.

Shareholders resident in Portugal and subject to personal income tax (‘IRS’) are charged with a final tax rate of 28%, unless an option for aggregation is made, to the extent that they are not obtained from entrepreneurial or professional activities (if dividends are obtained within the scope of an entrepreneurial or professional activity, the aggregation is mandatory).

The final withholding tax rate shall be 35% if the dividends are paid or made available to: (i) omnibus accounts, unless the beneficial owner of such dividends is disclosed or (ii) non-resident entities without a permanent establishment in Portuguese territory, which are domiciled in a country, territory or region subject to favorable tax regime, according to the list approved by Decree | Ordinance of the Ministry of Finance.

 

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