CONSUMER CHOICE 2022

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Consumer's Choice 2022, in the "Large Banks" category. Award given by ConsumerChoice. More information at escolhadocomumidor.com. This award is the exclusive responsibility of the attributing entity.

Millennium bcp is the "CONSUMER'S CHOICE" Bank for the second consecutive year

Millennium bcp was again distinguished in Portugal as Consumer's Choice 2022, in the "Large Banks" category, with a final score of 82.08% and a satisfaction score of 82.73%. This is the second consecutive year in which the Bank has been elected Consumer's Choice.

Millennium bcp is the No. 1 bank - among the five Large Banks in Portugal - in eight of the ten categories evaluated in this study: Clear Information, Responsiveness, Brand Credibility, Easy-to-Use Digital Channels, Fees Charged, Products Simple Communication and Easy Understanding, Speed of Response and, also, Good Online Service. In the remaining two categories - Security and Solidity - Millennium bcp is ranked second among the five Big Banks in Portugal.

This year's evaluation also considered the analysis of the Regulator (Banco de Portugal), in the Behavioural Supervision Report for the 1st Semester of 2021. After integrating this analysis, Millennium bcp cements its position as No. 1 in the "Large Banks" category, even increasing the advantage over the second ranked bank.

When asked about the preferred relationship channels with Millennium bcp, the answer most used by respondents - with 48% of the results - was "Digital: Homebanking, automatic and Mobile (APP)".

"The Consumer's Choice 2022 recognition is very important because it reflects the independent evaluation of Customers and non-Customers of Millennium bcp. The fact that the Bank led the classification in eight of the ten categories considered most important, coming in second in the two categories in which we did not win, is a source of enormous pride for all those who work at Millennium. It is an unequivocal sign that the commitment, availability, professionalism and sense of service to the Customer that guide our actions is being recognized by society; and this inspires us to seek to do better. We thank all those who have distinguished us with their preference, which we will continue to seek to deserve"

Miguel Maya
Chairman
of the Executive Committee

For the 10th consecutive year, ConsumerChoice - Centro de Avaliação da Satisfação do Consumidor - presents the best brands in Portugal. The brand evaluation system, leader in Portugal, reveals the 149 brands awarded "Consumer's Choice", "Professionals' Choice" and "Senior Choice", as well as the new demands of consumers regarding brands.

In this year's evaluation process, 259,236 evaluations were carried out with 936 brands from sectors as different as Media, Food, Travel and Leisure, Products, Home Equipment and Hygiene, Personal Care, Services and Specialised Commerce, Beauty Products and Services, Child Care, Financial, Automobile, Railway Transport and Telecommunications.

It is worth remembering that in a first stage, consumers identify which attributes they value most in their relationship with the brands and then they evaluate them through the most appropriate evaluation methodologies (product trial, mystery shopping, online audits, among others). The brands awarded by consumers are the brands that best completed the attributes required and valued by consumers during 2021 and which after evaluation achieved the highest satisfaction degrees.

About Consumer's Choice and ConsumerChoice:
Consumer's Choice is the No.1 brand evaluation system in Portugal, leading all indices (notoriety, credibility, impartiality and transparency and purchase motivation) among Portuguese consumers (More study March 2021), with 90% notoriety. ConsumerChoice develops in Portugal the Consumer's Choice, Professionals' Choice, Senior Choice, Good Choice and now the Ethical Choice evaluation systems, and is the market leader in this sector of consumer evaluation systems. ConsumerChoice is the only ISO 9001 certified company in quality management for brand evaluation systems.
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