CLARIFICATION

FNBC INVEST, Lda., a limited liability company duly registered and incorporated under Portuguese law, with headquarters at Rua do Arranjinho nº 321 D, 4750-803 Barcelos, with corporate entity number 516034871, code LEI 984500411DB76J14CE58, with main CAE 66110-R4 (and secondary CAEs 64190-R4, 64910-R4, and 70200-R4), hereby provides the following clarification:

The publications recently released by Banco de Portugal and CMVM lack any legal or other basis, as FNBC Invest does not engage in, nor has it ever engaged in, financing, credit granting, or investment raising activities. It therefore considers that these publications are the result of an unfounded complaint, which aims to damage the reputation of the company and the personal reputation of its CEO, in order to collude with the biggest Portuguese fraud, Novo Banco, SA (still with issues associated with the former Banco Espírito Santo, SA).

A lawsuit (No. 2723/25.2T8BRG) filed by FNBC Invest against Novo Banco, SA is pending, and the company intends to pursue all legal means at its disposal to ensure that the bank fulfills its obligations to FNBC Invest.

The amount in dispute refers to the sale of a German government debt security belonging to the group’s companies, and not to external investors. The assets in question correspond to:

– Capital: €5,000,000,000 (part of the sale price)
– Default interest and other amounts: €5,087,404,548.07

In its daily activities, FNBC Invest uses its assets consisting of Eurozone public and bank debt for management purposes, trading operations, and the provision of collateral to banking and financial institutions. To this end, it uses various international platforms and entities where it holds records and operating accounts, namely: ISIN; CUSIP; DTCC (Broker Account BIC: FNBCPT07; Financial Account BIC: FNBCSEVEN07); KGI Asia (Account 291329S, Securities Cash & Stock Options, Custody Account, Trader Account); HSBC Hong Kong; Standard Chartered Bank Hong Kong; Euroclear; Swift (FNLDPTP2XXX); LSEG Copyright Refinitiv; and Sifox.

Additionally, it is registered with the Financial Conduct Authority (Bank of England), KGI Asia (Hong Kong Regulator), and Oracle International.

The SEVEN BANK brand is registered in Portugal under number 666047 and is owned by FNBC Invest. The brand is present in several countries, and both FNBC Invest and its CEO are part of the shareholder structure.

As for the issuance of Visa cards, FNBC Invest is authorized to do so and this activity does not require specific registration or authorization from the Bank of Portugal, since the partner company responsible for the associated services (TIC/Pecunia) is registered with the Bank of Spain (No. 6707) and the Bank of Portugal (No. 7743).

Finally, FNBC Invest reaffirms that it has never engaged in, nor does it engage in, any activity to raise funds or attract investors, reiterating its commitment to transparency and compliance with applicable legislation.