ANNUAL GENERAL MEETING OF SHAREHOLDERS
PHAROL, SGPS S.A.
31 March 2023
PROPOSAL OF THE BOARD OF DIRECTORS
ITEM 3 OF THE AGENDA:
(To resolve on the proposal for application of profits)
Considering that in the year ended December 31, 2022 a negative net result of Euros 2.509.260 was obtained, the Board of Directors of PHAROL proposes that this amount be transferred to the Company's Retained Earnings.
Lisbon, 2 March 2023
The Board of Directors,