11/15/2018 | Qualified participations

Qualifying holding of BlackRock, Inc.’s subsidiary

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

On 15 November 2018, BlackRock, Inc. notified the Company that its subsidiary BlackRock Investment Management (UK) Limited, on 14 November 2018, decreased its total voting rights on Galp's share capital to below the 2.00% threshold.

BlackRock, Inc. maintains a qualifying holding in Galp’s share capital, holding 5.10% of total voting rights.

Institution % of voting rights attached to shares % of voting rights attached to financial instruments % of total voting rights
BlackRock, Inc. 4.88% 0.22% 5.10%