10/30/2018 | Qualified participations

Qualifying holding of BlackRock, Inc.

In accordance with articles 16 and 17 of the Portuguese Securities Code, Galp hereby discloses the following information:

On 29 October 2018, BlackRock, Inc. notified the Company that, on 26 October 2018, it increased its indirect holdings in Galp’s voting rights to 5.01%, above the 5% threshold.

At that date, the holdings of the subsidiary BlackRock Investment Management (UK) Limited amounted to 2.009% of Galp’s voting rights.

Institution % of voting rights attached to shares % of voting rights attached to financial instruments % of total voting rights

BlackRock, Inc.

4.88% 0.13% 5.01%

of which,

BlackRock, Investment Management (UK) Limited

2.004% 0.004% 2.009%