Sonaecom SGPS S A : 15.9.2020 - Sonaecom, SGPS, S.A. informs on Plan for Gender Equality

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INDEX

01. Introductory Note...........................................................................................................	3
02. Self-diagnosis - "Understanding Gender Equality at Sonaecom SGPS, S.A."........................	4
A. Strategy, Mission and Values of the Company ................................................................	4
B. Equal Access to Employment.........................................................................................	5
C. Initial and Continuous Training ......................................................................................	6
D. Equal Working Conditions.............................................................................................	6
E. Parental rights Protection..............................................................................................	6
F. Balance Between Professional, Family and Personal Life..................................................	7
G. Prevention of Sexual Harassment at Work .....................................................................	7
H. Organisational Climate..................................................................................................	8
I. Internal and External Communication.............................................................................	8
J. Subscribed Indicators.....................................................................................................	8
03. Action Plan - "From diagnosis to implementation".........................................................	10

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01.

Introductory Note

Gender equality is a right established by the 13rd article of the Portuguese Republic's Constitution, regarded as an essential human right for society's development and for the full participation of men and women as individuals.

The concept of gender equality translates as an equality of rights, liberties and opportunities for men and women with the goal of providing equal valorisation, recognition and participation in all spheres of public and private life.

This is a concept that has been given particular attention and relevance by the main international entities over the last years and that has also recently gained greater prominence in Portugal.

The Resolution No. 19/2012 ofthe Council of Ministers, held on the 8th of March of 2012, firstly stipulated the obligation ofadopting a plan for equality in every organisation ofthe Government's business sector, oriented towards reaching the equality of treatment and opportunities between genders, eliminating discrimination and facilitating the balance between personal, professional and family life.

This obligation was later extended to companies listed on the stock market, through the Law No. 62/2017 of the 1st of August, which approves the regime of balanced representation between genders for the boards of directors and supervisory boards of public and listed companies, stipulating in 7th article the obligation to elaborate and communicate annual plans for equality.

The Law No. 62/2017 also came to establish representation quotas for both genders of 20% for companies listed on the stock market, from the first elective general meeting which occurs after the 1st of January of 2018, and 33,3% from the first elective general meeting which occurs after the 1st of January of 2020, regarding all board members (executive and nonexecutive).

Considering the relevance of the contribution ofbusiness organisations for a fully democratic and inclusive society, as well as the advantages of the integration of a Gender Equality perspective, this plan was elaborated in 2019 and has been being implemented since then.

Sonaecom, SGPS, S.A. is part of Sonae Group (being controlled by Sonae - SGPS, S.A., further referred as "Sonae" and/or "Group"), and due to that has been actively participating in the initiatives promoted by the Group. As a result of the path travelled so far at Sonae Group, Sonae was able to achieve a leading position in the 2020 "Leading Together" ranking which assesses gender equality in board roles of the biggest listed companies in the Portuguese stock exchange (PSI-20). This initiative, promoted by the INSEAD Alumni Association in partnership with McKinsey

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• Company, the Nova School of Business and Economics and Euronext, distinguished Sonae as the Portuguese listed company with the biggest representation of women in top leadership positions.

The responsibility that this award brings to Sonae -and consequently for Sonaecom -strengthens the commitment with developing measures to promote gender diversity in the Group's top leadership, as well as to foster policies and recommendations with the same aim.

In this document, a comprehensive diagnose about gender equality at Sonaecom will be presented, as well as an overviewof the measures already deployed and undergoing and the plan for 2021.

02.

Self-diagnosis - "Understanding Gender Equality at Sonaecom SGPS, S.A."

A. STRATEGY, MISSION AND VALUES OF THE COMPANY

The first component of the self-diagnosis process carried out by Sonaecom SGPS, S.A. was directed to the analysis of the business practices in terms of diversity and inclusion, especially in what regards to the gender equality, in light of the organisation's strategy, identity and culture vectors, sustained by their formal supporting documentation.

In this regard, it should be noted that Sonaecom SGPS, S.A. places a high emphasis on diversity, which, definitely, is one of the structural vectors of its success.

The commitment to diversity in Sonaecom SGPS, S.A. assumes a prominent role in ensuring that it actively seeks to encourageinclusion throughout the organisation, managing and evaluating its employees in an unbiased management and through the promotion of equal opportunities for everyone, regardless of their role and position within the organisation, as well as gender, ethnic group, age, religion or sexual orientation.

The values of inclusion and diversity are an integral part of Sonaecom, SGPS, S.A. matrix since its genesis, being intrinsically related with the evolution, growth and diversification of its businesses. Historically, Sonaecom, SGPS, S.A. has sought to encourage these values through the proactive and recurring development of a set of initiatives.

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