Lisbon, Aug. 26, 2025 (Lusa) - Millennium BCP spent €200 million on the share buyback programme announced in April and now concluded, and now holds 2.05% of its share capital, according to a statement to the market.

In a statement sent to the Portuguese Securities Market Commission (CMVM), BCP says that on Monday it repurchased a further 1,035,538 of its own ordinary shares, representing 0.01% of the bank's capital and informs that these acquisitions were the last to be carried out under the repurchase programme, which it describes as "concluded in accordance with its terms".

"[...] BCP informs that, on August 25, 2025, it acquired 1,035,538 ordinary shares representing the bank's share capital on the Euronext Lisbon regulated market, through J.P. Morgan, as the financial intermediary responsible for executing the programme," the statement reads.

Under this buyback programme, Millennium BCP says it has repurchased 309,362,863 shares, for a total of 199,999,980 euros, and now holds a total of 309,362,863 own shares, representing 2.05% of its share capital.

On Ap ril 8, 2025, BCP said that, on that date, its executive commmittee had approved “a share buyback programme in the global amount of €200,000,000.00, starting on April 14, 2025 and ending on October 14, 2025 (inclusive), without prejudice to the possibility of its early termination, namely by decision of the Bank or if the maximum number of shares to be acquired or the maximum pecuniary amount established are reached”, according to a note on its website.

The bank explained that, as part of its 2025-28 Strategic Plan, it "plans to carry out share buyback programmes, to ensure, together with the payment of ordinary dividends, a distribution to shareholders of up to 75% of the consolidated net profit generated from 2025 to 2028, subject to the approval of the competent authorities".

PD/ADB // ADB.

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