Alberto Alves de Oliveira Pinto, born in 1932, graduated in Economics and Finance (1951/1956)

Chairman of the Board of Directors of BES since March 2008

Member of the Board of Directors (non-executive) of BES since February 2006 and Member of the
Board of Directors (non-executive) of GALP Energia since September 2006.

In June 1957 joined the Conselho de Câmbios de Angola (Exchange Commission of Angola) – later
renamed to Inspecção de Crédito e Seguros (Loan and Insurance Inspection).
Joined Angolan Central Bank in September 1958, as senior manager, being appointed CEO in August
1962.
In October 1968 returned to Lisbon as General Secretary of the Angolan Central Bank.
From January 1974 to February 1976 was member of the Board of Directors of Sociedade Central de
Cervejas, SARL, Companhia de Cervejas Coimbra, SARL, and Chairman of COMPAVE, SARL, owed
by Banco Português do Atlântico.
From February 1976 to January 1979 was Management Board of Banco Nacional Ultramarino.
Appointed as vice-governor of Banco de Portugal (Bank of Portugal) from January 1979 to July 1980
From July 1980 to july 1989 was Chairman and CEO of Caixa Geral de Depósitos.
Chairman of Locapor – Companhia Portuguesa de Locação Financeira mobiliária, from May 1982
until July 1989.
From June 1984 to November 1985 was Cahirman of Imoleasing – Sociedade de Locação Financeira
Imobiliária
In June 1986 received the title of “Comenda da Ordem de Mérito”.
In July 1987 was awaerded “Medalha de Mérito D. João VI (Rio de Janeiro, Brazil)”.
Appointed Vice-Chairman of Grupo das Caixas Económicas da Comunidade Económica Europeia
from December 1987 to July 1989.
In July 1989 returns to Banco de Portugal (Bank of Portugal) as economics consultant.
From July 1991 to April 2005 was a founding member and Chairman of the Board of a nes banc –
Banco Nacional de Crédito Imobiliário.
Ricardo Espirito Santo Silva Salgado, born in 1944, graduated in Economics by “Instituto
Superior de Ciências Económicas e Financeiras” of Universidade Técnica de Lisboa.

Vice-Chairman of the Boar of Directors and Chief Executive Officer of BES since 1991.
Chairman of Banco Espírito Santo de Investimento, S.A.
Chairman of Banco BEST, S.A.
Chairman of ES Tech Ventures, SGPS, S.A.
Chairman of ESAF – Espírito Santo Activos Financeiros, SGPS, S.A.
Chairman of “Espirito Santo Financial Group, SA” – Luxembourg.
Chairman of “BESPAR- Sociedade Gestora de Participações Sociais, SA”.
Chairman of “PARTRAN – Sociedade Gestora de Participações Sociais”.
Chairman of Espírito Santo Saúde
Member of the Board of “Espirito Santo Bank Ltd”.
Member of the Board of Directors of “Espirito Santo International, SA” – Luxembourg.
Member of the Board of Directors of “Banque Privée Espirito Santo, SA” – Lausanne.
Member of the Board of Directors of “Banco Espirito Santo et de la Vénétie” – Paris
Member of the Board of Directors of Banco Bradesco - Brazil
Member of the Board of Directors of Human Resources & Compensation Committee of NYSE
Euronext.
Member of “IIEB – Institut International d’études bancaires”, since 2003, and its Chairman from
October 2005 to December 2006

Appointed Economist of the year by 2Associação Portuguesa de Economistas” in 1992.

In 1994 awarded the title of “Chevalier de l’Ordre du Mérite National de France”
Awarded the title of “Grande Oficial da Ordem do Cruzeiro do Sul” by the President of Brazil in
1998
Appointed “Personality of the Year” by Câmara Portuguesa de Comércio do Brasil (Brazil) in
2001
In 2005 awarded the “Légion d’Honneur” of the French Republic.
Bruno de Laage de Meux, born in 1954, graduated from the “Écoles des Hautes Études
Commerciales (H.E.C.)” and MBA from INSEAD.
Member of the Board of Directors of BES since April 2010
Joined Crédit Agricole de la Charente in 1978, being appointed vice-CEO of Crédit Agricole du
Loiret in 1990.
In 1995 was appointed CEO of Banco Regional Crédit Agricole de la Sarthe.
In 2000 was appointed CEO of Crédit Agricole de l’Anjou and of Maine.
Appointed in 2006, Managing Director and Member of the Strategic Committee of Crédit
Agricole S.A.as well as Deputy General Secretary of the National Federation of Crédit Agricole.
In March 2010 was appointed Vice-Cairman of Crédit Agricole S.A., in charge of “Caisses
Régionales”, International Retail Banking, Payment Sistems and Specialized Financial Services
(Consumer Credit, Leasing and Factoring).
José Manuel Pinheiro Espirito Santo Silva, born in 1945, graduated in Economics (“Direcção e
Administração de Empresas”)from the “Instituto de Estudos Superiores de Évora”, “Universidade
de Évora”

Member of the Executive Board of Directors of BES since 1992

Chairman and founding member of Banque Privée Espírito Santo S.A. since 1977.
Vice-Chairman of Espírito Santo Financial Group, S.A..
Member of the Board of Directors of Banco Espírito Santo de Investimento, S.A
Member of the Board of Directors of ESAF – Espírito Santo Activos Financeiros, S.G.P.S., S.A.
Member of the Board of Directors of Espírito Santo Bank
Member of the Board of Directors of Banco Espírito Santo et de la Vénetie, S.A.
Member of the Board of Directors of BESPAR, S.A.
António José Baptista do Souto, born in 1950, graduated in Economics from “Faculdade de
Economia”, “Universidade do Porto”.

Member of the Board of Directors and Member of the Executive Board of BES since 1989.
Member of the Remunerations Committee of Banco Espírito Santo dos Açores, S.A.
Member of the Board of Directors of Companhia de Seguros Tranquilidade, SA
Member of the Board of Directors of SIBS – Sociedade Interbancária de Serviços, S.A.
Vice-President of the General Board of ELO – Associação Portuguesa Para o Desenvolvimento
Económico e a Cooperação
Member in Office of the Board of Directors on behalf of BES of the Remunerations Commisison of
TF Turismo Fundos – SGFII, S.A.,
Jorge Alberto Carvalho Martins, born in 1957, graduated in Economics from “Faculdade de
Economia”, “Universidade do Porto”

Member of the Board of Directors and Member of the Executive Board of BES, since 1992
Joined BES in 1981.
In 1986 joined Banco Internacional de Crédito as managing director responsible for the Northern
Area.
Chairman of the Crediflash SFAC, S.A.. between 2006 e 2007.
Chairman of Locarent – Companhia Portuguesa de Aluguer de Viaturas, S.A.
Aníbal Costa Reis de Oliveira, born in 1935, degree in General Commercial Management (Oporto)
and degree in Chemical Engeneering in Germany, Dusseldorf.

Appointed non-executive member of the Board of Directors of Banco Espírito Santo in 1992
His entire Professional career over the last five decades has been dedicated to the management
and administration of several companies of the Grupo Familiar Oliveira.
Special emphasis must be given to the textile companies, namely his work at Fábrica Têxtil
Riopele, for which he was awarded the Comenda de Mérito Industrial in 1993.
Manuel Fernando Moniz Galvão Espirito Santo Silva, born in 1958, has B.A. – Business
Administration graduation from Richmond College In the UK; International Bankers Course at
Barclays and at Midland Bank, in the UK and the “Inter Alpha Banking Programme” from
INSEAD, Fontainebleau.

Member of the Boar of Directors of BES since 1996

Member of the Board of Directos of Espirito Santo Bank.
Member of the Board of Directos of Espirito Santo Financial Group.
Member of the Board of Directos of Rio Forte Investments, S.A.
Member of the Board of Directos (non-executiive) of Academia de Música de Santa Cecília
of Espirito Santo Financial Group
From May 1992 to 1995 was General Managing Director of BES’ London Brach of .
In 1996 was appointed Vice – CEO of Espirito Santo Resources, being appointed CEO in 2006
Member of the Executive Board of World Travel & Tourism Council (WTTC) since 2003.
Membro do Conselho de Administração da BESPAR - Sociedade Gestora de Participações
Sociais, SA.
José Maria Espirito Santo Silva Ricciardi, born in 1954, graduated “Sciences Economiques
Appliquées”, from “Instituto de Administração e Gestão da Faculdade de Ciências Económicas ,
Politicas e Sociais”, of “Universidade Católica de Louvain” – Belgium.

Vice-Chairman and of Banco Espírito Santo de Investimento, S.A.

Chairman of BES Investimento do Brasil S.A.
Member of the Board of Directors and of the Executive Board of BES
Chairman of Espírito Santo Investment Holdings Limited
Member of the Board of Directors of Espírito Santo Financial Group, S.A.
Member of the General and Supervisory Board of EDP – Energias de Portugal, SA

Sporting Clube de Portugal – Futebol, S.A.D. (Member in Office of the Board of Directors)
Sporting Clube de Portugal (Vice-President of Supervisory and Disciplinary Committee)

From March 1978 to February 1979, worked at YTONG PORTUGUESA as na economic advisor.
In 1979 worked at Banco Inter-Atlântico, SA, in Brazil.
From 1980 to 1983 was Financial Controller of Grupo Espírito Santo, first in Brazil, then in
Europe.
In June 1983 was appointed deputy director of Bank Espirito Santo International Limited.
In September 1987 was appointed director of the Merchant Banking area in Banco Internacional
de Crédito, S.A..
In December 1990 was appointed deputy general director of the coporate area and capital
markets of Banco Internacional de Crédito, S.A..
In July 1992 was appointed board member of Espirito Santo Sociedade de Investimentos, S.A. –
ESSI.
In 1995 was appointed vice president of Banco Espirito Santo de Investimento (ex Espirito Santo
Sociedade de Investimentos, S.A.).
In March 1999 was appointed as executive board member of Banco Espirito Santo, SA.
In 2003 was appointed CEO of Banco Espirito Santo de Investimento, SA.
Rui Manuel Duarte Sousa da Silveira, born in 1954, graduated in Law from “Faculdade de
Direito”, Lisbon.

Member of the Executive Board of Directos of BES

Member of the Board of Directors of CIMIGEST, SGPS, S.A.
Member of the Fiscal Board of Companhia de Seguros Tranquilidade, S.A
In 1983 began the cooperation with Grupo Espírito Santo, joining Espírito Santo - Sociedade de
Investimentos, S.A. in May 1986.
In Grupo Espírito Santo was Member of the Board of Directors of Espírito Santo, Sociedade de
Investimentos, S.A., of Gesfimo – Espírito Santo Irmãos, Sociedade Gestora de Fundos de
Investimento Imobiliário, S.A. and of Patran – Sociedade Gestora de Participações Sociais, S.A.

Chariman of the Board of the General meeting of the following companies:

AVISTAR S.G.P.S., S.A.

Banco Espírito Santo Cabo Verde, S.A.
Banco Espírito Santo dos Açores, S.A.
BES África, S.G.P.S. S.A.
BEST – Banco Electrónico de Serviço Total, S.A.
Capital Mais – Assessoria Financeira, S.A.
ES Tech Ventures, S.G.P.S., S.A.
ESAF – Espírito Santo Activos Financeiros, S.G.P.S., S.A.
Espírito Santo Ventures, Sociedade de Capital de Risco, S.A
OBLOG - Consulting, S.A.
Joaquim Aníbal Brito Freixial de Goes was born in 1966. He graduated in Corporate Management
and Administration, specialising in Marketing and Finance from Lisbon’s Portuguese Catholic
University, and took an MBA at INSEAD, Fontainebleau, where he won the Henry Ford II Prize,
awarded to the best student in the MBA programme.

Executive member of the Board of Directors of Banco Espírito Santo, S.A.

Member of the Board of Directors of PT- PORTUGAL TELECOM, SGPS, S.A. since 2000
Member of the Board of Directors of BES – Companhia de Seguros
Member of the Board of Directors of E S VENTURES, SCR, SA

Joined Banco Espírito Santo in 1995 as Coordinating Manager of the Strategic Marketing
Department.
Appointed Advisor to the Board of Directors of Banco Espírito Santo in 1999 and executive
member of its Board of Directors in 2000.
From 1999 to 2004 was a member of the Board of Directors of CREDIFLASH, Sociedade
Financeira para Aquisições a Crédito, S.A.
Chairman of the Board of Directors of E.S. INTERACTION, Sistemas de Informação Interactivos,
S.A. from 2000 to 2006.
Member of the Board of Directors of Banco BEST, Banco Electrónico de Serviço Total, S.A. from
2001 to 2007.
Member of the Board of Directors of Companhia de Seguros Tranquilidade-Vida, S.A. from 2002
to 2006.
From 2002 to 2007 was a member of the Board of Directors of PT MULTIMÉDIA, Serviços de
Telecomunicações e Multimédia, SGPS, S.A.
From 2006 to 2007 was a member of the Board of Directors of E.S. INFORMÁTICA, ACE
Ricardo Abecassis Espirito Santo Silva was born in 1958. He graduated in Economics from The
City University, London, UK.

Member of the Board of Directors of Banco Espírito Santo, S.A.

CEO of BES Investimento do Brasil.
Vice-Chairman of Banco Espírito Santo de Investimento, S.A.
Chairman of the Board of Directors of Banco Espírito Santo de Angola, SA
Vice-Chairman of Espírito Santo Bank (USA)
Member of the Board of Directors of Avistar, SGPS, S.A.
Member of the Fiscal Board of Banco Bradesco, Brazil

Was Vice CEO of Banco Boavista InterAtlântico, Brazil, from October 1997 to September 2000.
Executive Manager of Banco Espírito Santo’s International Department from July 1995 to
September 1997.
Senior Vice-Chairman of Espírito Santo Bank of Florida from November 1990 to June 1995
Amílcar Carlos Ferreira de Morais Pires was born in 1961. He graduated in Economic Sciences
from the Portuguese Catholic University.

Executive member of the Board of Directors and CFO of Banco Espirito Santo, S.A.
Chairman of the Board of Directors of AVISTAR, SGPS, S.A.
Chairman of the Board of Directors of Bank Espírito Santo International Limited.
Member of the Board of Directors of Banco Espirito Santo de Investimento, S.A.
Chairman of the Board of Directors of BIC – International Limited (G.C.)
Member of the Board of Directors of ESAF – Espirito Santo Activos Financeiros, SGPS, SA
Member of the Board of Directors of Espirito Santo PLC (Dublin)
Member of the Board of Directors of Banco Espirito Santo do Oriente, S.A.
Member of the Board of Directors of BES Finance Limited
Member of the Board of Directors of Portugal Telecom, SGPS SA

Joined Banco Espirito Santo in 1986 to work in the Financial Department, of which he was
Coordinating Manager from 1996 to 2000. Appointed Advisor to the Board of Directors in 2000,
General Manager in 2003 and Executive member of the Board of Directors in 2004.
Nuno Godinho de Matoswas was born in 1949. He graduated in Law from the Universidade
Clássica de Lisboa.

Member of the Board of Directors of Banco Espírito Santo, S.A.

Member of the Corporate Governance Committee of Banco Espírito Santo.

A practicing lawyer in Lisbon since 1976, this is now his only professional activity since he
abandoned a career in politics in 1980.
Founder of the Portuguese Socialist Party, at a party congress held in Germany in 1973.
Member of the Socialist Party’s Steering Committee since the 1974 congress until December 1978,
when he resigned as a party member and leader, as well as a member of the Assembly of the
Republic.
Was secretary and chief of staff to Mr. Salgado Zenha, the Justice Minister in the first transitional
governments after the 2004 revolution in Portugal.
In 1975 was elected a member of the Constituent Assembly.
In 1976 was elected a member of the Assembly of the Republic.
Took part in various delegations to the European Council and the European Parliament.
Was elected representative to the European Council Parliamentary Assembly.
In 1975 was parliamentary assistant for the Socialist Party Group in the European Parliament.
In December 1978 he renounced his position as member of the Socialist Party’s Steering
Committee, resigned as member of the Assembly of the Republic and abandoned the Socialist
Party altogether due to disagreement over the political orientation that led to the rejection of
Nobre da Costa’s government programme.
In the 1979 mid-term elections was elected a member of the Assembly of the Republic as part of
the Reformers’ Parliamentary Group, whose members were elected under a parliamentary
agreement with Francisco Sá Carneiro.
When Mário Soares was elected President of the Republic for the first time, he once again joined
the Socialist Party, of which he remains a member.
Elected representative of the Socialist Party to the National Elections Committee for the term of
office corresponding to the 1995-1999 legislature, he remained in office and is now spokesman for
the Committee.
João Eduardo Moura da Silva Freixa was born in 1956. He graduated in Business Management
from Instituto Superior de Economia, and took an MBA at Universidade Nova de Lisboa (jointly
organised with the Wharton School of Business).

Executive member of the Board of Directors of Banco Espírito Santo, S.A.

Vice-Chairman of the Board of Directors of BES Açores, S.A.
Member of the Board of Directors of UNICRE - Instituição Financeira de Crédito, S.A., appointed by
Banco Espírito Santo.

In 1985 joined Barclays Bank, at first as Assistant Operations Manager, and subsequently rising
to the position of Credit Manager, Manager of Financial Markets and Financial and Large
Corporates Manager; in 1993 was appointed Deputy General Manager, coordinating all business
areas in Portugal.

In 1996/97 worked in London, initially as Iberia Manager - Capital Markets with Barclays de
Zoete Wedd (BZW) and later as an executive member of the European Retail Banking Group and
Treasury Director.
In 1997 returned to Portugal as General Manager and CEO Portugal of Barclays Group.

From 2000 to 2002 he was a member of the Board of the Portuguese Association of Banks.

At the beginning of 2003 was appointed Chairman of Euronext Lisbon, and member of the
Board of Directors of the Paris, Amsterdam and Brussels Stock Exchanges and of the Euronext
NV holding company.
In 2004 was invited to join the Board of Directors of Caixa Geral de Depósitos as Vice-Chairman,
a position which he held until August 2005. At the same time he was also non-executive
member of the Board of Directors of EDP - Energias de Portugal.

In October 2005 joined Banco Espírito Santo as Advisor to the Board of Directors.
Pedro Mosqueira do Amaral was born in 1968. He took a BA in Business Administration at the
European University of Brussels.

Member of the Board of Directors of Banco Espírito Santo, S.A.

Member of the Board of Directors of BES Beteiligungs GmbH
Member of the Board of Directors of Bank Espírito Santo International Limited.

He is BES’s delegate to BES’s representative office in Cologne, Germany, with responsibilities for
wholesale funding in this country and for BES’s relations with Germany’s main financial
institutions.
From 1996 to 2001 worked in Banco Espírito Santo’s Financial Department.
From 1994 to 1996 was Portfolio manager with Bankaus sal. Oppenheim & Cie.
Isabel Maria Osório de Antas Megre de Sousa Coutinho was born in 1946. She graduated in
Finance from Instituto Superior de Ciências Económicas e Financeiras (ISCEF), Lisbon.

Member of the Board of Directors of Banco Espírito Santo, S.A.

Member of the Corporate Governance Committee of Banco Espírito Santo, S.A.
Chairman of the Board of Associação Novo Futuro (IPSS).
Member of the Higher Council of Entrajuda (IPSS).
Member of the Advisory Board of Instituto de Negociação e Vendas.

From 2001 to 2003 was Chairman of the Pão de Açúcar – Auchan Foundation and Manager of
the ECR Portugal Forum in representation of Auchan Group.
From 1999 to 2003 was Auchan Group’s Institutional Relations Manager and Vice-Chairman of
APED – Associação Portuguesa de Empresas de Distribuição.
1996 to 1999 - Auchan Group’s International Purchasing Division.
From 1994 to 1996 – Member of the Board of Directors of Jumbo Comercial – Spain and
Executive Manager of Pão de Açúcar Group’s holding.
Member of the Board of Directors of Planco – Comércio Internacional
Member of the Board of Directors of Companhia Portuguesa das Lojas Desconto (Minipreço)
From 1992 to 1995 was Member of the Board of Directors of Pan de Azucar, SA
From 1991 to 1993 was Managing Director of Mundipex, a company purchased by Pão de Açúcar
Group, Commercial Coordination Manager of Pão de Açúcar Group and Vice-Chair of ANS-
Associação Nacional de Supermercados.
Manager of Cascais Jumbo hypermarket from 1988 to 1990.
Purchasing Manager of Pão de Açúcar Group from 1978 to 1987.
Marketing Manager of Pão de Açúcar Group from 1978 to 1987.
Director of Hospedeiras de Portugal (1973-1990)
Deputy Commercial Manager of Pão de Açúcar Group from 1971 to 1973
In 1970, was a founding partner of the Pão de Açúcar Group in Portugal, where she worked since
its creation, initially in the Purchasing Division.
João de Faria Rodrigues was born in 1955. He graduated in Company Organisation and
Management from Instituto Superior de Economia, Lisbon (1980). Certified Auditor since 1992
and Certified Accountant since 1980.

Member of the Board of Directors of Banco Espírito Santo, S.A.

Member of the Audit Committee of Banco Espírito Santo.
Member of the Fiscal Board of Partran – Sociedade Gestora de Participações Sociais, S.A.,
T-Vida, Companhia de Seguros, S.A. and Seguros LOGO, S.A.

From 1997 to 2008 was Senior Audit Manager with Grant Thornton & Associados – SROC, Lda.
He is a Member of the BES’s Board of Directors since 2008, and is also a member of its Audit
Committee.
From 1995 to 1997 was Audit Manager with Sociedade Camacho Palma & Lisboa Afonso – SROC
within the scope of this company’s partnership with Deloitte & Touche.
António Bornia was born in 1935

Member of the Board of Directors of Banco Espírito Santo, S.A.

Vice-Chairman of the Board of Directors of Banco Bradesco.
Chairman of the Board of Directors of Bradesco Securities, Inc.
Chairman of the Board of Directors of Banco Bradesco Europa, S.A
Chairman of Bradesco Securities Hong Kong Limited.
Chairman of Bradesco Securities UK Limited.
Vice-Chairman of Bradesco Leasing, S.A..
Vice-Chairman of Bradespar.

He started his professional career with Banco Bradesco, in 1952, being appointed Deputy Manager
in 1975 and Executive Manager in 1979. In 1999 was appointed Vice-Chairman of the Board of
Directors and remains in this position.
Marc Olivier Tristan Oppenheim was born in 1967. He graduated from the École Supérieure des
Sciences Économiques et Commerciales (ESSEC).

Member of the Board of Directors of Banco Espírito Santo, S.A.

Member of the Board of Directors of BSF Banque Saudi Fransi
Chairman of the Supervisory Board of Crédit Agricole Bank Polska
Member of the Board of Directors of Crédit Agricole Egypt, S.A.E.
Member of the Board of Directors of Cariparma e Piacenza S.P.A.
Chairman of the Supervisory Board of Crédit du Maroc.
Member of the Board of Directors of Emporiki Bank.
Chairman of IUB Holding.
In 2007 was appointed Retail Market Manager and member of the General Committee of Crédit
Lyonnais. Since 2010 he is Head of Crédit Agricole’s International Retail Banking Division and
member of its Executive Committee.
Michel Jacques Mathieu was born in 1958. He has a PhD in Corporate Law.

Member of the Board of Directors of Banco Espírito Santo, S.A.

Member of the Board of Directors of Bespar – Sociedade Gestora de Participações Sociais, S.A.
Member of the Board of Directors of Amundi Group.
Member of the Board of Directors of Crédit Agricole Assurances
Member of the Board of Directors of LCL - Le Crédit Lyonnais
Member of the Board of Directors and permanent representative of Crédit Agricole, S.A with
Pacifica
Vice-Chairman of the Board of Directors of Predica
In 2007 was appointed General Manager of Caisse Régionale du Languedoc, which resulted from
the merger of Caisse Régionale du Gard (where he was general manager since 1999) with Caisse
Régionale du Midi (where he was general manager since 2005).

In 2008 was appointed member of the Board of Directors of Crédit Agricole, in charge of the
Finance, Human Resources, Legal and Compliance, IT, Strategy, Economic Surveys and Internal
Resources.
He is also in charge of the areas of Insurance, Asset Management, Real Estate Management and
Private Equity (CAPE).
Vincent Claude Paul Pacaud was born in 1961. He graduated from the École Polytéchnique, and has
an MBA from INSEAD.

Member of the Board of Directors of Banco Espírito Santo, S.A.

Member of the Board of Directors of ESAF – Espírito Santo Activos Financeiros, SGPS, S.A.
Member of the Board of Directors of Bespar – Sociedade Gestora de Participações Sociais, S.A.
CEO of BES – Vida, Companhia de Seguros, S.A.
CEO of BES – Companhia de Seguros, S.A.

Was CEO of BNP Paribas Assurance in Asia and member of the International Strategy Committee
of BNP Paribas Assurance. In 2008 joined the Crédit Agricole Group as head on insurance for Asia
and in 2010 was appointed CEO of Crédit Agricole Life Japan.
He was appointed Member of the Board of Directors of BES in 2011, to replace Michel Goutorbe,
and is a member of the Boards of Directors of BESPAR, ESAF, BES Vida and BES Seguros.
Rita Maria Lagos do Amaral Cabral graduated in Law from the Lisbon University Law School.
She is a practicing lawyer and a member of the Bar Association.

Non executive member of the Board of Directors of Semapa, Sociedade de Investimentos e Gestão,
SGPS, S.A.
Non executive member of the Board of Directors of Cimigest, SGPS, S.A.
Non executive member of the Board of Directors of Sodim, SGPS, S.A.
Partner and Director with Amaral Cabral & Associados – Sociedade de Advogados, R.L., a law firm.
Partner and Managing Director of Casa Agrícola Amaral Cabral, Lda. and Sociedade Agrícola do
Margarido, S.A.
Member of BES’s Remuneration Committee.

Invited Professor at the Portuguese Catholic University’s Law School.

Vice-Chairman of the Portuguese Catholic University’s Bioethics Institute.
Member of the National Ethics Council for the Life Sciences.

Holds no shares in Banco Espírito Santo.

Stanislas Ribes was born in 1964. He graduated in Economics from the Institut d’Études Politiques
de Paris

Head of the Ile de France Nord region Division, with LCL, Crédit Lyonnais.
From 2009 to 2011 was member of the General Management Committee of LCL, Crédit Lyonnais.
From 2006 to 2009 was member of LCL’s Management Committee and responsible for the
corporate and institutional segment, as head of the Business Division.
From 2002 to 2006 was Regional Manager – Corporates North
From 1999 to 2002, was Manager of the Corporate Segment, Pays de Loire.
From 1993 to 1999 worked in various positions in the corporate area.
From 1988 to 1993 worked in Crédit Lyonnais’ capital markets department.
From 1985 to 1988 was Senior Auditor with Arthur Young in Paris.

Holds no shares in Banco Espírito Santo

Horácio Lisboa Afonso was born in 1949. He graduated in Finance from the Instituto Superior de
Economia
He is a Certified Auditor and a Certified Accountant.

He started his professional career in 1966 with NACIONAL – Companhia Industrial de

Transformação de Cereais, S.A., joining Price Waterhouse’s Audit Department in 1973.

In 1982 he participated in the setting up of Consulteam S.A., a management consulting company

which in 1983 was integrated in the network of Spicer & Oppenheim, now Nexia International,
where he was Partner.
In 1993 joined Deloitte & Touche Portugal, as Partner in the Audit Department.
In 1998, he participated in Grant Thornton International’s redefinition of activities in Portugal, and
was a Partner with this firm until October 2001.
Since January 2002 Camacho Palma Lisboa Afonso – SROC has been part of Nexia International's
network and Mr. Afonso was Nexia International's Contact Partner until 2011.
In July 2007, he was appointed a member of the Board of Directors and member of the Audit
Committee of ESFG, S.A., remaining in this position until the beginning of 2012.

He has 1,500 BES shares

Pedro João Reis de Matos Silva, degree in Finance from ‘Instituto Superior de Ciências
Económicas e Financeiras’

Certified Auditor since 1981

Advisor at Associação Industrial Portuguesa (1972-1974)

From 1975 to 1986 was a Director at IAPMEI – Instituto de Apoio às Pequenas e Médias
Empresas Industriais.

Certified Auditor and Partner of the firms:; Sócio da Sociedade de Revisores Oficiais
Pedro Matos Silva e Garcia Júnior, SROC (1987);
Pedro Matos Silva, Garcia Júnior, Pires Caiado, SROC (1990);
P. Matos Silva, Garcia Jr., P. Caiado & Associados, SROC, Lda. (1996).

Economic Advisor of Prome Minister, Aníbal Cavaco Silva (1987-1991);

Economic and Financial Advisor at the Ministry of Industry and Energy (1993/1995);

Several works as a certified Auditor in large companies suchs as Transgás; Gás de Lisboa;
Pertrogal; Águas do Douroe Paiva; Águas do Cavado; Empresas de Resíduos do Grupo Águas de
Portugal; Portugal Telecom, SGPS, S.A.; GALP Energia, SGPS, S.A.

Chairman of the Supervisory Board of Banco Português do Atlântico (merged in 2004 with
Millenium BCP);

Chairman of the Supervisory Board of Banco Comercial de Macau (1995 - 2007);

Member of the Supervisory Board of Secil and CMP – Cimentos Maceira e Pataias, S.A. (1995 -
2004)

Chairman of the Supervisory Board of the Certified Auditors Society (2005 – 2010);

Member of the higher council of the Certified Auditors Society (2012/2014);

Holds no shares in Banco Espírito Santo