BOARD OF DIRECTORS

PEDRO MENDONÇA DE QUEIROZ PEREIRA

BRIEF CURRICULUM VITAE

IDENTIFICATION AND EDUCATION

Full name: Pedro Mendonça de Queiroz Pereira

Parents’ names: Manuel Augusto Teixeira de Queiroz Pereira and Maude da Conceição

Santos Mendonça de Queiroz Pereira

Nationality: Portuguesa

Date of birth: 5 March 1949

Education: General Secondary education, in Lisbon

Attended Instituto Superior de Administração

PROFESSIONAL

1975 to 1987 Resident in Brazil, where he held the office of director in a number of companies

in manufacturing, retail, tourism and agriculture.

1988 to 1994 Director of various companies in Portugal controlled by the Queiroz Pereira

family, with interests in the real estate, the hotel, agriculture, renewable energy,

automobile and cement artefacts and precast sectors.

1995 to 2004 As the interests of the Queiroz Pereira family expanded into the cement industry,

through acquisition of companies with a majority holding in Secil and CMP, he

took on directorships in these companies and in Semapa. During this period he

retained most of the directorships held in other areas.

2004 ... Also appointed Chairman of the Board of Directors of Portucel, S.A. as the result

of acquisition of a significant holding in this company by Semapa, whilst

continuing his previous activities.

PEDRO MENDONÇA DE QUEIROZ PEREIRA

CORPORATE OFFICE

Currently holds office in the following companies:

ABOUT THE FUTURE – Empresa Produtora de Papel, S.A. ...... Chairman of the Board of Directors ABOUTBALANCE SGPS S.A. ............................................................ Chairman of the Board of Directors CELCIMO, S.L. ....................................................................................... Chairman of the Board of Directors CIMIGEST, SGPS, S.A. ......................................................................... Chairman of the Board of Directors CIMINPART - Investimentos e Participações, SGPS, S.A. ............. Chairman of the Board of Directors CIMO – Gestão de Participações Sociais, S.A. ................................... Chairman of the Board of Directors CMP - Cimentos Maceira e Pataias, S.A. ............................................. Chairman of the Board of Directors COSTA DAS PALMEIRAS – Turismo e Imobiliário, S.A. ............ Chairman of the Board of Directors ECOVALUE – Investimentos Imobiliários, L.da ............................. Manager GREAT EARTH – Projectos, S.A. ...................................................... Chairman of the Board of Directors HOTEL RITZ, S.A. ................................................................................ Chairman of the Board of Directors HOTEL VILLA MAGNA, S.L. ............................................................ Chairman of the Board of Directors INSPIREDPLACE, S.A. ........................................................................ Chairman of the Board of Directors O E M - Organização de Empresas, SGPS, S.A................................. Chairman of the Board of Directors PORTUCEL - Empresa Produtora de Pasta e Papel, S.A. ............... Chairman of the Board of Directors SECIL - Companhia Geral de Cal e Cimento, S.A. ........................... Chairman of the Board of Directors SECILPAR, S.L. ....................................................................................... Chairman of the Board of Directors SEINPART - Participações, SGPS, S.A. .............................................. Chairman of the Board of Directors SEMINV - Investimentos, SGPS, S.A.. ............................................... Chairman of the Board of Directors SODIM, SGPS, S.A. ................................................................................ Chairman of the Board of Directors SOPORCEL - Sociedade Portuguesa de Papel, S.A. ......................... Chairman of the Board of Directors TEMA PRINCIPAL – SGPS, S.A. ....................................................... Director TERRAÇOS D’AREIA – SGPS, S.A. ................................................. Chairman of the Board of Directors VIEZNADA, S.L. .................................................................................... Chairman of the Board of Directors

Corporate office held over the last five years:

CIMENTOSPAR – Participações Sociais, SGPS, S.A. ..................... Chairman of the Board of Directors LONGAPAR, SGPS, S.A. ...................................................................... Chairman of the Board of Directors SOPORCEL – Gestão de Participações Sociais, SGPS, S.A. .......... Director VÉRTICE – Gestão de Participações, SGPS, S.A. ............................ Chairman of the Board of Directors

SHARES IN SEMAPA – SOCIEDADE DE INVESTIMENTO E GESTÃO, SGPS, S.A.

Pedro Mendonça de Queiroz Pereira holds no shares in Semapa – Sociedade de Investimento e

Gestão, SGPS, S.A.

April 2014

CURRICULUM VITAE

Name: FRANCISCO JOSÉ MELO E CASTRO GUEDES Age: 61 years Marital status: Married, 2 children Nationality: Portuguese Educational Qualifications: Degree in Finance Languages: Portuguese, English (Fluent), French (Fluent) 1966/71 - Degree in Finance from Instituto Superior de Ciências Económicas e Financeiras – Lisbon 1975/76 - MBA from INSEAD – Fontainebleau. França. 1971/72 - COMPANHIA UNIÃO FABRIL-CUF – Chemicals and Metal Products Department – Market Research Manager. 1972/75 - Military Service 1976 - COMPANHIA O RIO MOJU – Agro-Industrial Project in Pará – Brazil – Financial Director. 1977/82 - ANGLO AMERICAN CORPORATION DO BRASIL – Brazilian holding company for Anglo-American. 1977 - Assistant Financial Director for the holding company 1978 - General Manager of Unigeo Geologia e Mineração when Anglo took over full ownership. 1979/82 - Held simultaneously the posts of Financial Director of the Holding Company, General Manager of Unigeo and

Financial Director of Mineração Morro Velho. 1983/87 - ANGLO AMERICAN CORP. OF SOUTH AMERICA. 1983/85 - Held simultaneously the posts of Member of the Executive Committee, Financial Director of the Holding Company

and Financial Director of Mineração Morro Velho. 1986/87 - Held simultaneously the posts of Member of the Executive Committee, Director responsible for mining (non-gold)

and industrial companies in Brazil and Financial Director of Mineração Morro Velho. 1988/89 - Corretora Ricardo Schedel/UIF – Head of the brokerage firm. In this position he was part of the Group that gave

rise to UIF involving as partners Ricardo Schedel and the José Manuel de Mello Group, Director of UIF. 1990 - FOMENTUR – Aroeira – Director of the Aroeira Project. 1991/93 - ANGLO AMERICAN CORP. PORTUGAL – Anglo American Group/De Beers Holding Company for investments in

Portugal. Vice-President and C.E.O. of Beralt Tin and Wolfram – Portugal. 1994 - NACIONAL – C.I.T.C. Director and C.E.O. 1995/96 - NUTRINVESTE. S.G.P.S. – Executive Director 1997/2001 - SOCIEDADE PONTO VERDE – General Manager.

Since 2001 SEMAPA Group: Office currently held: CMP – Cimentos Maceira e Pataias, S.A. - Director

SECIL – Companhia Geral de Cal e Cimento, S.A. – Director

SEMAPA – Sociedade de Investimento e Gestão, SGPS, S.A. - Director

SEMINV Investimentos, SGPS, SA (former SECIL – Investimentos, SGPS, S.A.) - Director

Since 2002 CDS- Ciments de Sibline, SGPS, SA – Director

Since 2003 CIMINPART – Investimentos e Participações, SGPS, S.A. – Director

SEINPART Participações, SGPS, S.A. – Director

SEMAPA Inversiones, SL – Director

Since 2009 PORTUCEL - Empresa Produtora de Pasta e Papel SA. – Director

ABOUT THE FUTURE – Empresa Produtora de papel, S.A. – Director

SOPORCEL – Sociedade Portuguesa de Papel, S.A. – Director

Since 2011 UNICONCRETO – Betão Pronto, S.A.

CELCIMO, S.L.U. – Director

Desde 2012 Supremo Cimentos, S.A. – Chairman of the Board of Directors

Margem Companhia de Mineração – Chairman of the Board of Directors

GREAT EARTH – Projectos, S.A. – Director

ABOUTBALANCE, SGPS, S.A. - Director

Desde 2013 CIMIGEST, SGPS, S.A. – Director

CIMO – Gestão de Participações, SGPS, S.A. – Director

LONGAPAR, SGPS, S.A. – Chairman of the Board of Directors

INSPIRED PLACE, S.A. - Director

Office previously held

2001 to 2005 GECIMENT – Sociedade Gestora de Participações Sociais, SA – Director

(Enersis 2 – Sociedade Gestora de Participações Sociais, SA

this company changed its name in 2004)

2001 a 2013 SCG – Société des Ciments de Gabès, S.A. - Director

2003 to 2005 ENERSIS, SGPS, S.A. – Director

2003 to 2007 PARSEINGES – Gestão de Investimentos, SGPS, SA – Director

2003 a 2013 SILONOR, S.A. – Director

2006 a 2012 VIROC PORTUGAL – Indústrias de Madeira e Cimento, S.A. – Chairman of the Board of Directors

2006 a 2013 CIMENTOSPAR – Participações Sociais, SGPS, Lda./S.A. – Manager/Director

2007 a 2010 VERDEOCULTO – Investimentos, SGPS, S.A. – Chairman of the Board of Directors

2007 a 2013 FLORIMAR – Gestão e Participações, SGPS, Soc.Unipessoal, Lda. – Manager

HEWBOL – SGPS, Lda. – Manager

2008 a 2013 SECILPAR, S.L. – Director

2009 a 2013 SERIFE – Sociedade de Estudos e Realizações Industriais e de Fornecimento de Equipamentos, Lda. - Manager

2010 a 2013 So.I.Me Liban s.a.l. – Director PARCIM Investments BV - Director

2012 a 2013 SECIL – BETÕES E INERTES, SGPS, S.A. – Director

SECIL – UNICON, SGPS, Lda. – Manager

SECIL PREBETÃO – Prefabricados de Betão, S.A. – Chairman of the Board of Directors

SECIL MARTINGANÇA – Aglomerantes e Novos Materiais para a Construção, S.A. – Director

Holds no shares in Semapa – Sociedade de Investimento e Gestão, SGPS, S.A.

April 2014

INFORMATION REFERRED TO IN ARTICLE 289, PARAGRAPH 1 D)

OF THE COMPANIES CODE

PERSONAL DETAILS:

Full name: José Miguel Pereira Gens Paredes

Place of Birth: Lisboa, São Jorge de Arroios

Date of Birth: 28 May 1961

Marital status: Married

EDUCATION:

Graduated in economics from the Portuguese Catholic University, 1984.

PROFESSIONAL ACTIVITIES:

Traineeship at the Directorate General of Competition and Prices: 1985

Rodoviária Nacional : Management Planning and Control: 1985-1986

Interbiz - Internacional Trading : Marketing and Sales: 1986–1987

Cosec – Companhia de Seguros de Crédito : Underwriter in the Foreign Lending Department:

1987–1989

General Bank – Lisbon Branch: Account Manager and Customer Money Market duties in the

Treasury/Foreign Exchange Room: 1989–1991

United Distillers – Controller: 1991–1994

Financial director in the following companies:

• Semapa – Sociedade de Investimento e Gestão SGPS S.A.: since 1994

• Secil Group: 2001-2005

• Cimigest, SGPS, S.A.: since 1996

• Sonaca – Sociedade Nacional de Canalizações, S.A.: 1996-2006

• Cimipar – Sociedade Gestora de Participações Sociais, SGPS, S.A.: 1996-2005

• Goliatur – Sociedade de Investimentos Imobiliários, S.A.: since 1996

• Cimilonga Imobiliária, S.A.: de 1996-1999

• Longavia Imobiliária, SA: de 1996-1999

• Imocipar Imobiliária, SA: de 1996-1999

• OEM, SGPS, SA: since 1999

Market relations and investor relations representative for Semapa – Sociedade de Investimento

e Gestão SGPS S.A., since 2004

Market relations representative for CMP - Cimentos Maceira e Pataias, S.A.: since 2005

CORPORATE OFFICE HELD:

ABAPOR - Comércio e Indústria de Carnes, S.A. ......... Chairman of the Board of Directors

ABOUT THE FUTURE – Emp. Produtora de Papel, S.A.. Director

ABOUTBALANCE SGPS S.A. ..................................... Director

Aprovechamiento Int. de Subprodutos Ibéricos, S.A. .. Director

BIOLOGICAL - Gestão de Resíduos Industriais, L.da ... Manager

CELCIMO, S.L.......................................................... Director

CIMINPART – Inv. e Participações, SGPS, S.A. ........... Director

CIMIPAR – Soc. Gestora de Participações Sociais, S.A. Director

ETSA Investimentos, SGPS, S.A. ............................... Chairman of the Board of Directors

ETSA LOG, S.A. ....................................................... Chairman of the Board of Directors

GREAT EARTH - Projectos, S.A. ............................... Director

INSPIREDPLACE, S.A. .............................................. Director

I.T.S. - Indústria Transf. de Subprodutos, S.A. ........... Chairman of the Board of Directors

MOR ON-LINE – Gestão de Plataformas de Negociação

de Resíduos On-Line, S.A. ........................................ Director

O E M – Organização de Empresas, SGPS, S.A. .......... Director

PORTUCEL, S.A. ...................................................... Director

SEBOL - Comércio e Indústria de Sebo, S.A. .............. Chairman of the Board of Directors

SECIL - Companhia Geral de Cal e Cimento, S.A......... Director

SEINPART - Participações, SGPS, S.A. ....................... Director

SEMINV - Investimentos, SGPS, S.A.. ........................ Director

SOPORCEL – Sociedade Portuguesa de Papel, S.A. ..... Director

OTHER OFFICES HELD IN THE LAST 5 YEARS:

ABAPOR – Comércio e Indústria de Carnes, S.A. ........ Director

CIMENTOSPAR – Participações Sociais, SGPS, S.A. ..... Director

CIMO – Gestão de Participações, SGPS, S.A. .............. Director

ETSA – Emp. Transf. de Subprodutos Animais, S.A. .... Chairman of the Board of Directors

ETSA, SGPS, S.A. .................................................... Director

GOLIATUR – Soc. De Investimentos Imobiliários, S.A. Director

HOTEL RITZ, S.A. .................................................... Director

I.T.S. – Indústria Transf. de Subprodutos, S.A. .......... Director

LONGAPAR, SGPS, S.A. ............................................ Director

MARGEM – Companhia de Mineração ........................ Director

SEBOL – Comércio e Indústria de Sebo, S.A. ............. Director

SODIM, SGPS, SA .................................................... Director

SONACA, SGPS, S.A. ................................................ Director

SUPREMO CIMENTOS, S.A. ...................................... Director

VERDEOCULTO – Investimentos, SGPS, S.A. .............. Director

SHARES IN SEMAPA – SOCIEDADE DE INVESTIMENTO E GESTÃO, SGPS, S.A.:

Holds no shares in Semapa.

April 2014

INFORMATION REFERRED TO IN ARTICLE 289 PARAGRAPH 1D)

OF THE COMPANIES CODE

PERSONAL DETAILS:

Full name: Paulo Miguel Garcês Ventura

Place of birth: Lisbon, Santa Maria de Belém

Date of birth: 14 November 1970

EDUCATION:

Graduated in law from the Faculty of Law, University of Lisbon, in 1994.

IEP Insead in 2008.

PROFESSIONAL ACTIVITIES:

1995…1996 Traineeship course at the Lisbon District Board, Portuguese Bar

Association.

1996… Definitively registered as lawyer with the Portuguese Bar Association.

1996…2007 Occupation as a lawyer under the professional person with a

particular focus in the areas of civil and commercial law.

1997… Officer of the general meeting in several companies owned by

Cimigest, SGPS, S.A., by Sodim, SGPS, S.A. and by Semapa-

Sociedade de Investimento e Gestão, SGPS, S.A.

1997…2006 Company Secretary in Semapa - Sociedade de Investimento e

Gestão, SGPS, S.A.

1998…2000 Chairman of the Board of Directors of Beira Rio – Sociedade

Construtora de Armazéns, S.A., representing the corporation

appointed as director.

2005…2007 Elected as member of the Lisbon District Board of the Portuguese

Bar Association

2006… Member of the Board of Semapa and its Executive Committee

2007… Member of the Board of Semapa Inversiones, SL

2007… Member of the Board of Cimipar – Sociedade Gestora de

Participações Sociais, S.A.

2007…2008 Vice-President of the General Meeting of REN, SGPS, S.A.

2007… Vice-President of the General Meeting of EP – Estradas de Portugal,

S.A.

2008… Member of the Board of Abapor - Comércio e Indústria de Carnes,

S.A.

2008… Member of the Board of Aprovechamiento Integral de Subprodutos

Ibéricos, S.A.

2008… Manager of Biological - Gestão de Resíduos Industriais, L.da

2008…2013 Member of the Board of Cimo - Gestão de Participações, SGPS, S.A.

2008…2010 Member of the Board of ETSA - Empresa de Transformação de

Subprodutos Animais S.A.

2008… Member of the Board of I.T.S. - Indústria Transformadora de

Subprodutos, S.A.

2008…2013 Member of the Board of Longapar, SGPS, S.A

2008… Member of the Board of Sebol - Comércio e Indústria de Sebo, S.A.

2008…2013 Member of the Board of Sodim, SGPS, S.A.

2009…2013 Member of the Board of Cimentospar – Participações Sociais, SGPS,

S.A.

2009… Member of the Board of Seinpart - Participações, SGPS, S.A.

2009… Member of the Board of Seminv - Investimentos, SGPS, S.A.

2009…2011 Member of the Board of Goliatur – Sociedade de Investimentos

Imobiliários, S.A.

2009… Member of the Board of OEM - Organização de Empresas, SGPS,

S.A.

2010… Member of the Board of GREAT EARTH – Projectos, S.A.

2010… Member of the Board of ETSA LOG, S.A. (formerly ETSA, SGPS,

S.A.)

2010… Member of the Board of ETSA – Investimentos, SGPS, S.A. (formerly

VERDEOCULTO – Investimentos, SGPS, S.A.)

2011… Member of the Board of ABOUT THE FUTUTRE – Empresa

Produtora de Papel, S.A.

2011… Member of the Board of PORTUCEL, S.A.

2011… Member of the Board of SOPORCEL – Sociedade Portuguesa de

Papel, S.A.

2011… Member of the Board of CELCIMO, S.L.

2012… Member of the Board of SECIL – Companhia Geral de Cal e Cimento,

S.A.

2012… Member of the Board of CIMINPART – Investimentos e Participações,

SGPS, S.A.

2012… Member of the Board of ABOUTBALANCE SGPS, S.A.

2012… Member of the Board of INSPIREDPLACE, S.A.

SHARES IN SEMAPA - SOCIEDADE DE INVESTIMENTO E GESTÃO, SGPS, S.A.:

Holds no shares in Semapa

April 2014

Information referred to in Article 289.1 d) of the Companies Code António Pedro de Carvalho Viana-Baptista holds a Degree in Economics from Universidade Católica Portuguesa (1980), has a postgraduate diploma in European Economics from Universidade Católica Portuguesa (1981) and an MBA from INSEAD (Fontainebleau, 1983). Between 1985 and 1991 he was Principal Partner of Mckinsey & Co. in the Madrid and Lisbon office. He held the post of Director in the Banco Português de Investimento between 1991 and 1998. From 1998 to 2002 he was Chairman and CEO of Telefónica International. From 2002 to 2006 he was Chairman and CEO of Telefónica Móviles S.A. From 2006 to 2008 he was Chairman and CEO of Telefónica España. Between 2000 and 2008 he was a Non-Executive Director of the Board of Directors of Portugal Telecom. Since 2011, he is CEO of Crédit Suisse AG for Spain and Portugal. He has been Non-Executive Director of the Company since 8 January 2010. António Viana-Baptista CEO of Crédit Suisse AG for Spain and Portugal Member of the Audit Committee and Board of Directors of Jeronimo Martins Chairman of the Board of Directors of Largo Ltd Member of the Board of Directors of Semapa, SGPS, S.A. Member of the Board of Directors of Arica BV Member of the Board of Directors of Jasper Wireless Inc. Holds no shares in Semapa April 2014

Jorge M. Bleck

Occupation: Lawyer, member of the Portuguese Bar Association since

1981

Current Position:

Partner at Vieira de Almeida & Associados - Sociedade

de Advogados R.L.

In charge of the M&A and Corporate Finance area

Office: Av. Eng. Duarte Pacheco 26, 1070-110 Lisbon

Nationality: Portuguese

Date of Birth: 27 December 1954

Languages: Portuguese, English, French, Spanish

Preferential Practice Areas: Corporate and M&A

Positions

Throughout his more than thirty years of professional activity as a lawyer he held several

positions in the management of commercial companies, including open societies, and he also

performed functions in Audit Boards and chaired or act as secretary of general meetings of

several companies.

Specifically in what regards the last five years the positions held are/were the following:

Member of the Board of Directors of Cimigest SGPS, S.A. (currently in office)

Member of the Board of Directors of Cimo - Gestão de Participações, SGPS, S.A.

(currently in office)

Member of the Board of Directors of Vieira de Almeida –Sociedade de Advogados R.L.

(currently in office)

Chairman of the General Meeting of Norte Shopping, S.A. (currently in office)

Chairman of the General Meeting of Santander Pensões - Fundo de Pensões S.A.

(currently in office)

Chairman of the General Meeting of Santander Gestão de Ativos S.A. (currently in

office)

Member of the International Board of Linklaters LLP (2008-2011)

Member of the General Council of Instituto Francisco Sá Carneiro (2008 – to date)

2008-2010 - Member of the Board of Directors of Instituto Francisco Sá Carneiro

Professional Practice:

Main areas of activity include: M&A, Private Equity and Joint Ventures, namely those

which imply an international component; privatizations, corporate restructuring and

corporate finance.

Educational and Professional Qualifications:

2007 Leadership Course for Professional Services Firms - Harvard Business School

1981 Post-graduate diploma in Corporate Legal Counsel from ISG - Instituto Superior

de Gestão

1975 - 1980 Law degree, Lisbon University School of Law

Professional Career to Date:

2007 - 2013 Senior Partner at Linklaters LLP, branch in Portugal

2002 - 2007 Member of the European Management Committee of Linklaters LLP

2002 - 2007 National Managing Partner at Linklaters LLP, branch in Portugal

2002 - 2008 Head of Corporate, M&A at Linklaters LLP, branch in Portugal

2002 - 2013 Partner at Linklaters LLP

2001 – 2002 Partner and co-founder at BSC -Bleck, Soares, Siza, Cardoso, Correia &

Associados Sociedade de Advogados

1993 - 2001 Partner at Morais Leitão, J. Galvão Teles & Associados - Sociedade de

Advogados

1990 - 1993 Partner at J. M. Galvão Teles, Bleck, Pinto Leite & Associados - Sociedade de

Advogados

1983 - 1990 Individual practice Lawyer at the office of Dr. José Manuel Galvão Teles

1980 - 1982 Teaching Assistant at University of Lisbon School of Law

Holds no shares in Semapa - Sociedade de Investimento e Gestão, SGPS, S.A.

April 2014

Curriculum Vitae

Manuel Custódio de Oliveira

Date of birth: 28-02-1953

• Secondary education (commercial studies) at Escola Industrial e Comercial de Santarém, completed in 1970, final mark of 16.7, awarded the Dom Dinis Prize.

• Completed the 6th and 7th high school (liceu) grades in a single year, with final mark of more than 15, exempted from university entrance examinations.

• Degree in Economics, Faculty of Economics, University of Porto, October 1972 to 1977, final mark 14.

• Gulbenkian scholarship.

• Secondary school teacher until 1977.

• On graduating, in 1977, non-executive director of the Lagoalva Group (farming and real estate).

• Recruited in 1978 by Thomson Maclinctock (chartered accountants).

• From 1978 to the present, director of the Lagoalva Group (farming and real estate), as well as managing the family's financial investments.

• Recruited in 1979 by Glaxo Farmacêutica (Assistant Financial Director).

• Invited in 1980 to serve as director of Sodim, SGPS, S.A. (owner of Hotel Ritz), and Financial and Administrative Director of Cimianto - Soc. Técnica de Hidráulica, S.A. (This invitation was the result of work done whilst at the accountancy firm)

• 1990's, Chairman of AIPA (Association of Asbestos Products Manufacturers), and negotiator in Brussels on the Asbestos issue, where he made contact with Dr. Carlos Costa, chief of staff to the Portuguese Commissioner.

• 1997, acquisition of a holding in Cimianto, which evolved to full ownership.

• Subsequently, acquisition of the entire capital of Novinco – Novas Indústrias de Materiais de Construção, S.A. (asbestos cement and plastic piping), previously 50% owned by Cimianto.

• Led an attempted industrial conversion of the two companies, seeking a technology to substitute the asbestos in the products.

• Chairman of the Board of Directors of Antasobral – Sociedade Agro-Pecuária, S.A., Director of Sousa Campilho – Investimentos, SGPS, S.A. and Esforço – Investimentos Imobiliários, S.A. and Manager of Zona de Caça e Pesca da Herdade Sobral e Mergulhos, Lda.

• Currently, Advisor to the Board of Directors of Semapa – Sociedade de Investimento e Gestão, SGPS, S.A., Chairman of the Board of Directors of Cimilonga – Imobiliária, S.A., Longavia – Imobiliária, S.A., Refundos – SGFII, S.A., Sonagi – Imobiliária, S.A., and da Soc. Agrícola Quinta da Vialonga, S.A., and Director of Beira-Rio – Sociedade Construtora de Armazéns, S.A., Cimigest, SGPS, S.A., Sodim, SGPS, S.A. and Sonagi, SGPS, S.A.

• Member of the Economic and Social Council, Church of S. Nicolau, in Lisbon.

• Member of the Brotherhood of S. Nicolau.

• Economic coordinator of the project for rehabilitation of the Conceição Velha Church in Lisbon, on the basis of a cooperation agreement between the Parish and the Misericórdia de Lisboa.

Holds no shares in SEMAPA – SOCIEDADE DE INVESTIMENTO E GESTÃO, SGPS, S.A.

April 2014

R I C A R D O M I G U E L D O S S A N T O S P A C H E C O P I R E S

PERSONAL INFORMATION

Date of Birth: 6/5/1976

E-mail: ricardo.pires@semapa.pt

WORK EXPERIENCE

2008 – to date Semapa (Portuguese Industrial Conglomerate)

Chief of Staff of the Chairman of the Board of Directors (Jan 11- to date)

Advisory to the Chairman, with focus on strategic planning.

Strategic Planning and New Business Development Manager (Nov 08- Dec 10)

Leadership of the strategy&financial division of Semapa, namely corporate finance, strategic

planning and new business analysis (green and brown field).

2002 – 2008 ES Investment (Leading Portuguese Investment Bank)

Deputy Vice President, Corporate Finance (Jun 06- Nov 08)

Manager, Corporate Finance (May 05- Jun 06)

Team Leadership in M&A and Equity Capital Markets projects in the fields of Energy, Automobile,

Pulp and Paper in Portugal, France, Spain, Poland and Brazil. Sales&marketing of projects and

mandate negotiation.

Senior Associate, Corporate Finance (Jun 04- May 05)

Project Management mainly executing tasks concerning M&A projects such as valuation

coordination, information memorandums and due diligences in the team of Energy, Automobile

and Pulp & Paper.

Analyst, Corporate Finance (Nov 02-Jun 04)

Execution of proposals, valuations, information memorandums, due diligence and prospectus in

the teams of Energy, Automobile, Pulp & Paper, Food&Beverages and Retail.

2000–2001 GTE Consultores (SME Consulting Firm)

Consultant

Execution of investment projects, strategy memorandums and valuation reports.

Industries: Food&Beverages, Media

1999–2000 BDO Binder (Professional Services)

Consultant

Organizational Management: Organizational restructuring projects

Corporate Finance: Advisory to SME’s. Private Equity projects.

EDUCATION AND PERSONAL SKILLS

2001–2002, Universidade Nova de Lisboa, MBA

2000, ISCTE, Corporate Finance post graduate program

1993/99, Universidade Católica Portuguesa, Management and Business Degree

Languages: English (fluent); Spanish (average); French and german (basic)

FUNÇÕES EXERCIDAS NOUTRAS SOCIEDADES

2013 – Present: Director of Cimipar – Sociedade Gestora de Participações Sociais, S.A.

2012 – Present: Company Secretary of Cimigest, SGPS, S.A.

Holds no shares in Semapa – Sociedade de Investimento e Gestão, SGPS, S.A.

April 2014

INFORMATION REQUIRED BY ARTICLE 289.1 D) OF THE COMPANIES CODE

IDENTIFICATION:

Full Name: Vítor Manuel Galvão Rocha Novais Gonçalves

Place of Birth: Lisboa, São Sebastião da Pedreira

Date of Birth: 16 November 1960

Marital Status: Married

EDUCATION:

Graduated in Management by ISC-HEC- St. Louis in Brussels - 1984.

PROFESSIONAL ACTIVITY:

1984 ...1989 UNILEVER PORTUGAL

Began duties as Management Trainee.

Product Manager and Marketing Manager.

Responsible for several processes for launching new products and entering

new markets.

1989 ...1992 CITIBANK PORTUGAL

Business Area Manager, Venture Capital.

Head of Corporate Finance.

Responsible for operations in Portugal and Spain.

Member of Executive Committee.

1992 ...2000 GRUPO JOSÉ DE MELLO

Director of Strategic Marketing and Development of BANCO MELLO.

General Manager in Companhia de Seguros Império responsible for

Marketing, Technical and Major Costumers Areas.

Director of several companies of the Group in Banking and Insurance areas.

2001...2009 SGC TELECOM

Member of the Executive Committee

Responsible for Marketing and Business Development in several countries

where the Group acted notably Portugal, Brasil e Greece.

Director of several Group companies.

since 2009 ZOOM INVESTMENT SGPS

Executive Director.

Responsible for managing investments and developing new business.

since 2010 Semapa – Sociedade de Investimento e Gestão, SGPS, S.A.

Non Executive Director.

CORPORATE OFFICE HELD:

ZOOM INVESTMENT, SGPS, SA. ................................................... Director

MAGALHÃES e GONÇALVES - Consultoria e Gestão, Lda ............. Manager

TCARE – Conhecimento e Saúde, S.A. ........................................................ Director

Semapa – Sociedade de Investimento e Gestão, SGPS, S.A. ..................... Director

CORPORATE OFFICE HELD OVER THE LAST FIVE YEARS:

SGC COMUNICAÇÕES, SGPS, SA. ............................................... Director

SGC TELECOM, SGPS, SA ............................................................ Member of Executive

Committee

AR Telecom, Acessos e Redes de Telecomunicações, SA. ............. Member of Executive

Committee

WINENERGY – Engenharia e Desenvolvimento, S.A.................................... Director

WINPOWER, S.A. .......................................................................................... Director

SHARES IN SEMAPA:

Holds no shares in Semapa – Sociedade de Investimento e Gestão, SGPS, S.A.

April 2014

INFORMATION REFERRED TO IN ARTICLE 289 PARAGRAPH 1D) OF THE COMPANIES CODE

IDENTIFICATION:

Full name: VÍTOR PAULO PARANHOS PEREIRA

Nationality: Portuguese

Date of Birth: 27 March 1957

Marital Status: Married

EDUCATION:

Graduated in economics from the Portuguese Catholic University in1981.

CORPORATE OFFICE HELD:

• Director of SODIM, SGPS, S.A.

• Director of HOTEL RITZ, S.A.

• Chairman of the Board of Directors of GALERIAS RITZ - Imobiliária, S.A.

• Chairman of the Board of Directors of PARQUE RITZ - Imobiliária, S.A.

• Director of HOTEL VILLA MAGNA, S.L.

• Director of VIEZNADA, S.L.

• Director of a CAPITAL HOTELS, B.V

• Manager SODIMPARQUE - Parqueamento e Garagens, Lda.

• Director of SONAGI, SGPS, S.A.

• Director of SONAGI – Imobiliária, S.A.

• Director of CIMILONGA - Imobiliária, S.A.

• Director of LONGAVIA - Imobiliária, S.A.

• Director of REFUNDOS - Sociedade. Gestora de Fundos de Investimento

Imobiliário, S.A.

• Director of Sociedade Agrícola da Quinta da Vialonga, S.A.

2

• Manager of Sociedade Agrícola Herdade do Fidalgos, Unipessoal, Lda.

• Director of BEIRA-RIO - Sociedade Construtora de Armazéns, S.A.

• Director of VALUELEGEND – SGPS, S.A.

• Director of ANTASOBRAL – Sociedade Agro-Pecuária, S.A.

• Chairman of the General Meeting of APFIPP

• Chairman of the Audit Board of Associação dos Hotéis de Portugal

• Member of the Governing Board of Confederação do Turismo Português

• Member of the Audit Board of EUROVIDA – Companhia de Seguros, S.A. e

POPULAR SEGUROS – Companhia de Seguros, S.A.

OTHER OFFICES HELD IN THE LAST 5 YEARS:

• Manager of SONIBERVAL - Investimentos Imobiliários, Lda.

• Director of GOLIATUR - Sociedade Gestora de Fundos de Investimento

Imobiliário, S.A.

• Director of SOCODAR - Sociedade Construtora de Armazéns, SARL

(Luanda)

• Member of the Audit Board of Confederação do Turismo Português

• Director of VÉRTICE – Gestão de Participações, SGPS, S.A.

Holds no shares in Semapa - Sociedade de Investimento e Gestão, SGPS, S.A.

April 2014