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Millennium Group Activity

What is Millennium bcp's main activity?

Millennium bcp is a financial institution focused on retail banking.

With a leadership position in the market and prominence in various products, financial services and market segments, it is the largest privately-held Portuguese bank, with 679 branches and 7,555 employees in Portugal, at the end of September 2015.

Where is Millennium Group present?

Millennium Group is present in the five continents either through retail operations, representation offices and / or trade protocols. The group had more than 5.4 million customers, as at 30 September 2015.

Millennium Group has a prominent position not only in Africa, with operations in Mozambique and Angola Europe, but also in with Europe, through its operations in Poland and Switzerland.

Since 2010, the Bank operates in Macao through an on shore branch and has signed a memorandum of understanding with the Industrial and Commercial Bank of China with the objective of strengthening cooperation between the two banks, which is extended to other countries and regions beyond Portugal and China. Macau branch takes up increasingly as a strategic vector of development of relations between Portugal, Europe, Angola, Mozambique and China, particularly in the areas of trade finance and investment banking. The Bank also has a presence in the Cayman Islands through BCP Bank & Trust with a type B license.

All operations carry out their activities under the Millennium brand.

What is the contribution of each international operation for the Group's results?

International operations account for 50% of the total of 1,347 branches and for 56% of the 17,274 employees of the Group. They contributed with 149 million Euros to the consolidated earnings in the first nine months of 2015.

What is Millennium bcp's corporate governance structure?

Banco Comercial Português, S.A. employs a one-tier management and supervisory model, composed by a Board of Directors, which includes an Executive Committee and an Audit Committee comprised of only non-executive Directors. The company also has a Remuneration and Welfare Board and an International Strategic Board.

In addition, the Group uses a Statutory Auditor and an external auditing firm to audit the individual and consolidated accounts of the Bank, whose appointment was deliberated at the General Meeting.

At the General Meeting of Shareholders held on 11 May 2015, Board Members were elected to hold office in the three-year period from 2015 to 2017.

Millennium bcp's corporate governance structure

Shares and Shareholders

How can I buy BCP shares?

BCP shares may be purchased through your bank. If you are a Millennium bcp client, you can go to your branch, contact us through our Direct Banking service (+351 707 24 24) or go to the investment section of the website (millenniumbcp.pt) after logging in.

What are the main characteristics of Millennium bcp shares?

With more than 59 billion shares listed on NYSE Euronext Stock Exchange and over 3.6 billion euros turnover in the first nine months of 2015, the BCP share is the most traded security on Euronext Lisbon. For more information about the share click here.

In which markets are BCP shares listed?

BCP shares are listed on NYSE Euronext Stock Exchange.

What are the codes of BCP shares?

Information about BCP shares may be found through one of the following codes:

Bloomberg - BCP PL

Reuters - BCP.LS

ISIN - PTBCP0AM0007

Who should I contact in case I have a question related to my shares?
(E.g. shares transfer, how to change name or address, etc.)?

If you have any questions regarding your portfolio, you should contact Millennium bcp's Direct Banking service (+351 707 24 24).

If you want to clarify any questions regarding BCP's financial and strategic information, you may contact the Investor Relations Division (+351 21 11 31 084).

When will the next Annual General Shareholders Meeting take place?

The next General Shareholders Meeting will be held by the end of April 2016, for the presentation and approval of the 2015 Full Year results.

Financial Reporting

When does Millennium bcp publish financial information?

According to the regulations of the Portuguese Securities Market Commission (CMVM), Millennium bcp publishes results quarterly and issues official statements regarding material information whenever necessary. For more information about the quarterly information, please click here.

The Group's Annual Report is published annually. The Group also publishes the half year report and interim reports. To see the latest reports, please click here.

May I follow Millennium bcp's earnings presentation live?

Millennium bcp offers a feature on its website that allows all investors and shareholders to listen to the earnings presentation conference call.

What is the accounting system used by Millennium bcp?

Since January 1, 2005, the Group's consolidated accounts are presented in accordance with International Financial Accounting Standards (IFRS).

What are Millennium bcp's external control bodies?

In addition to being subject to supervision by the Bank of Portugal and by the Portuguese Securities Market Commission (CMVM), the Group's accounts are audited by an external Auditor, KPMG Associados, SROC, S.A. Represented by:

- Ana Cristina Valente Soares Gold (ROC n. 1011) - Effective

- John Augusto Cordeiro Albino (ROC n. No. 632) - Alternate

Additionally, the Group's operations are subject to the legislation and regulatory supervision of the countries where it operates.

How can I get the BCP group's latest Annual Report of BCP Group?

All Annual Reports of Millennium bcp are available on the "Annual Reports" section of this website. To access this page click here.

Dividends

Does Millennium bcp pay dividends?

Pursuant to the conditions of the issue of Core Tier I Capital Instruments underwritten by the State, under Law number 63-A/2008 and Implementing Order number 150-A/2012 (CoCos), the BCP cannot distribute dividends until the issue is fully reimbursed.

In which currency are dividends paid?

The dividends of BCP's shares are paid in Euros.

Where can I find past dividends paid?

Dividends paid by Millennium bcp since 2000 are detailed in "Dividend" section of this website. To access this page click here.

Shareholder's area

What is the "Millennium bcp Acionista" service?

PBanco Comercial Portuguese launched on February 3, 2014 a new service, "Millennium bcp Acionista", which allows holders of BCP shares to communicate more closely with the bank in which they have invested, where they can access to Bank's products and services  on preferential terms and benefit from a set of advantages and discounts agreed between Millennium bcp and its partners.

How can I join the "Millennium bcp Acionista" service?

To access the "Millennium bcp Acionista", the Bank's shareholders can access to a specific area on the "millenniumbcp.pt" website, exclusively aimed at individual shareholders with the BCP shares deposited in Portugal, whether or not they are Bank's customers.

Who can become a member of the "Millennium bcp Acionista" service?

All the individual shareholders that own at least one BCP - Banco Comercial Português, S.A. share may become members of the "Millennium bcp Acionista" service. The shares must be deposited in Portugal.

The "Millennium bcp Acionista" service determines the stake owned based on information conveyed by CVM - Central de Valores Mobiliários (Central Securities Depository). This information is updated on a monthly basis, by the end of each month.

I am a shareholder but my shares are not deposited in Portugal. Can I become a member of the "Millennium bcp Acionista" service?

To become a member of the "Millennium bcp Acionista" service it is absolutely necessary to have the shares deposited in Portugal.

How much do I have to pay to be a member of the "Millennium bcp Acionista" service?

The membership of the "Millennium bcp Acionista" is free of charge.

Which are the benefits of joining the "Millennium bcp Acionista" service?

Each shareholder, member of the "Millennium bcp Acionista" service, may benefit from advantages/offers attributed in accordance with the number of BCP shares held and deposited in Portugal. The advantages/offers available to the shareholders are fully described on the website of "Millennium bcp Acionista" service, as well as the rules for their attribution, and they are divided by categories according to the shareholders classification. In accordance with the number of BCP shares held by the member and deposited in Portugal at the moment of registration on "Millennium bcp Acionista" service, it is assigned a class ranging from Millennium Shareholder (from 1 to 50,000 shares), Gold Shareholder (from 50,001 to 250,000 shares) and Platinum Shareholder (with more than 250,000 shares).

The classification attributed entitling to the offers and respective exchange is verified every month and it may be altered depending on the number of BCP shares held by the shareholder that are deposited in Portugal on that date.

If I sell my BCP shares will I stop being a member of the "Millennium bcp Acionista" service?

When you stop being a shareholder of BCP, your membership of the "Millennium bcp Acionista" service shall be cancelled at the end of the month. Yet the benefits associated to the financial advantages shall remain in effect until the end of the ongoing civil year.

Can I transfer the benefits I have from being a member of the "Millennium bcp Acionista" service?

The benefits resulting from the classification given in view of the shares held by the shareholders and deposited in Portugal are not transferable.

Can I cancel the membership of "Millennium bcp Acionista" service?

As member of the Shareholders Club, you can, at all times, cancel your membership, effective immediately, through the option "Cancel membership of Millennium bcp Acionista" service on the "Millennium bcp Acionista" service website at "My Page".