NOS, SGPS, S.A.
Registered Office: Rua Actor Antonio Silva 9 - Campo Grande 1600-404 Lisbon Share Capital: 855,167,890.80 Euros
Registered in the Commercial Registry Office of Lisbon and Corporation no. 504 453 513
ANNOUNCEMENT
Lisbon, 7 May 2025 - NOS, SGPS, S.A. ("NOS" or "Company") has approved, in the present date, the purchase of own shares, under the terms of NOS' Short and Medium Term Variable Remuneration Plan, in accordance with the terms approved by the General Shareholders Meeting of 11 April 2025 regarding the acquisition and disposal of own shares, in accordance with the Commission Regulation Delegated (EC) 2016/1052 of 8 March 2016 and the Regulation (EU) nr. 596/2014, of the European Parliament and of the Council of 16 April 2014, as well as the provisions set forth in Articles 319 and 320 of the Portuguese Companies Code and Article 8 of the Company's Articles of Association.
NOS may acquire up to a maximum of 1,000,000 shares (0.19% of the share capital), destined to cover the company's existing obligations under employee share plans, attributed under the terms of NOS' short and medium term variable remuneration plan approved by the General Shareholder Meeting of 23 April 2014 and by the General Shareholder Meeting of 11 April 2025, appendix to the Remuneration Policy for Members of the Company's Management and Supervisory Bodies.
The own share purchase programme will start on 8 May 2025 and will take place until up to 27 September 2025. NOS will purchase and hold shares limited to a maximum of 25% of the daily trading volume on Euronext Lisbon and up to a maximum price differential of plus or minus 15% of the lowest price recorded in the previous 3 trading sessions. The timing and pace of the own share purchase will be dependent on market factors and will avoid disturbing normal trading conditions. Shares will not be bought during periods considered sensitive in nature, namely in the advent of disclosure of privileged information and quarterly results or trading updates.
NOS will provide the market with regular updates on shares bought under this Purchase and in accordance with legal requirements, up to a maximum of seven sessions after trades are executed.
This information is also available on NOS' Investor Relations website in https://www.nos.Dt/ir. Lisbon, 7 May 2025
Contacts
Pedro Cota Dias
Head of Investor Relations and Corporate Finance
Email: ir@nos.Dt
Tel.: +351 21 782 4725
Fax: +351 21 782 4735