COFINA SGPS S A : announces proposals concerning points 2 to 9 of the agenda of the AGM to be held on April 28, 2023 - correction

SHAREHOLDERS' ANNUAL GENERAL MEETING OF COFINA - SGPS, S.A.

TO BE HELD IN ITS HEAD OFFICE ON 28TH OF APRIL 2023

AT 11:00 HOURS

PROPOSAL

OF THE

BOARD OF DIRECTORS

CONCERNING

POINT TWO ON THE AGENDA

(Translation of a document originally issued in Portuguese)

Under the terms of the Law and of the Articles of Association, the Board of Directors of Cofina - SGPS, S.A. proposes to the General Meeting that the net profit for the year in the amount of 14,052,100 Euros be fully transferred to free reserves.

The Board of Directors of COFINA - SGPS, S.A. also proposes to the General Meeting the distribution of free reserves in the amount of 3,076,975 Euros, in the form of dividends.

The proposed distribution of profits from free reserves will imply the payment of a gross dividend of 0.03 Euros per share.

Oporto, 6th of April 2023

The Board of Directors

PROMENDO INVESTIMENTOS, S.A.

SHAREHOLDERS' ANNUAL GENERAL MEETING OF COFINA - SGPS, S.A.

TO BE HELD IN ITS HEAD OFFICE ON 28th OF APRIL 2023,

AT 11:00 HOURS

PROPOSAL

OF THE SHAREHOLDER

PROMENDO INVESTIMENTOS, S.A.

CONCERNING

POINT THREE ON THE AGENDA

(Translation of a document originally issued in Portuguese)

PROMENDO INVESTIMENTOS, S.A., in its capacity of shareholder holding 20,488,760 shares representing 19.98% of the share capital and voting rights of COFINA - SGPS, S.A., proposes to the shareholders that they express their confidence in the management and supervision of the company business in 2022, approving a vote of praise for and confidence in the way that the company business was managed and supervised during the 2022 financial year.

Lisbon, 6th of April 2023

-----------------------------------------

The Board of Directors

Tax number 508 805 627

Share Capital: 1,001,500.00 €

Head Office: Edifício Ramazzotti, Avenida do Forte, N.º 6,

Piso 0, Porta 1.12, Salas F e G, 2790-072 Carnaxide

SHAREHOLDERS' ANNUAL GENERAL MEETING OF COFINA - SGPS, S.A.

TO BE HELD IN ITS HEAD OFFICE ON 28TH OF APRIL 2023

AT 11:00 HOURS

PROPOSAL

OF

THE SHAREHOLDERS

LIVREFLUXO, S.A. AND VALOR AUTÊNTICO, S.A.

CONCERNING

POINT FOUR ON THE AGENDA

(Translation of a document originally issued in Portuguese)

LIVREFLUXO, S.A., with its registered office in Rua Manuel Pinto de Azevedo, 818, 2nd Floor, Fraction D, Porto, with a share capital of € 55,500.00, corporate tax number 508795630, registered in the Commercial Registry Office of Oporto under the same number in its capacity as a shareholder holding 12,395,257 shares representing 12.09% of the share capital and of the voting rights of COFINA - SGPS, S.A. and VALOR AUTÊNTICO, S.A., with its registered office at Rua Manuel Pinto de Azevedo, 818, Porto, with a share capital of € 50,000.00, corporate tax number 508795281, registered in the Commercial Registry Office of Oporto under the same number in its capacity as a shareholder holding 10,277,248 shares representing 10.02% of the share capital and of the voting rights of COFINA - SGPS, S.A., propose to the General Meeting to decide:

On the amendment of the wording of article 22, number 1 and eliminate numbers 2 and 3 of the same article of the Articles of Association of the Company, which will read as follows:

«Article 22

ONE - The mandate of the Statutory Bodies is 3 (three) years, and they may be re-elected once or more.

TWO - eliminated; THREE - eliminated.»

	Oporto, 6th of April 2023
The Sole Directors of the Shareholders,
By Livrefluxo, S.A.	By Valor Autêntico, S.A.
_________________________________	__________________________________
Domingos Matos	Pedro Borges de Oliveira

SHAREHOLDERS' ANNUAL GENERAL MEETING OF COFINA - SGPS, S.A.

TO BE HELD IN ITS HEAD OFFICE ON 28TH OF APRIL 2023

AT 11:00 HOURS

PROPOSAL

OF

THE SHAREHOLDERS

ACTIUM CAPITAL, S.A. AND CADERNO AZUL, S.A.

CONCERNING

POINT FIVE ON THE AGENDA

(Translation of a document originally issued in Portuguese)

ACTIUM CAPITAL, S.A., with its registered office in Rua Manuel Pinto de Azevedo, 818, Porto, with a share capital of € 50,000.00, corporate tax number 508824508, registered in the Commercial Registry Office of Oporto under the same number in its capacity as a shareholder holding 14,235,474 shares representing 13.88% of the share capital and of the voting rights of COFINA - SGPS, S.A. and CADERNO AZUL, S.A., with its registered office at Rua Manuel Pinto de Azevedo, 818, Porto, with a share capital of € 100,000.00, corporate tax number 508038596, registered in the Commercial Registry Office of Oporto under the same number in its capacity as a shareholder holding 15,400,000 shares representing 15.01% of the share capital and of the voting rights of COFINA - SGPS, S.A.,

propose to the Shareholders the approval of the following composition of the Board of the General Meeting, the Board of Directors, the Supervisory Board and the Remuneration Committee for the new three-year term 2023 - 2025:

Board of the Shareholders' General Meeting

Chairman:	Manuel Eugénio Pimentel Cavaleiro Brandão
Secretary:	Maria Conceição Henriques Fernandes Cabaços

Board of Directors

Chairman:	Paulo Jorge dos Santos Fernandes
Members:	João Manuel Matos Borges de Oliveira
	Domingos José Vieira de Matos
	Pedro Miguel Matos Borges de Oliveira
	Ana Rebelo de Carvalho Menéres de Mendonça
	Laurentina da Silva Martins

Supervisory Board
Chairman:	Carlos Manuel Portela Enes Epifânio
Effective members:	Jorge Manuel de Sousa Marrão
	Ana Paula dos Santos Silva e Pinho
Substitute:	André Seabra Ferreira Pinto

Remuneration Committee

Chairman:	João da Silva Natária
Members:	Pedro Nuno Fernandes de Sá Pessanha da Costa
	André Seabra Ferreira Pinto

We further propose that members of the Board of Directors and members of the Supervisory Board shall provide a guarantee (stand bond) for their responsibilities up to the amount of 250,000 Euro (two hundred and fifty thousand Euro) by any means permitted by the Portuguese Companies Act, and that members of the Board of Directors be authorised to hold positions on the Board of Directors of companies in which COFINA holds, directly or indirectly, a controlling interest or in which a company holding a controlling interest in that company holds, directly or indirectly, a controlling interest, under the terms and for the effects of the article 21 of the Portuguese Securities Code, as well as in companies that have in their shareholder structure, at least, two shareholders with qualifying holdings coincident with the shareholders with qualifying holdings in COFINA, without applying any restriction on their access to information under the terms and for the effects of paragraph 4 of Article 398 of Portuguese Companies Act.

We also proposed that the members of the corporate bodies be remunerated according to the terms established by the Remuneration Committee.

The information required by sub-paragraph d) of number 1 of Article 289 of Portuguese Companies Act, is hereto attached.

	Oporto, 6th of April 2023
The Sole Directors of the Shareholders,
By Actium Capital, S.A.	By Caderno Azul, S.A.
_________________________________	__________________________________
Paulo Fernandes	João Borges de Oliveira