12/20/2018 | 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 19 December 2018, BlackRock, Inc. notified the Company that, on 18 December 2018, it decreased its indirect holdings in Galp’s voting rights to 4.998%, below the 5% threshold.

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

BlackRock, Inc.

4.82% 0.18% 4.998%