Directive No. 02/DSB/2020, dated March 27

GOVERNOR DIRECTIVE NO. 02/DSB/2020 ORIGIN: Banking Supervision Department (BSB) DATE 27/03/2020 ASSUNTO: Financial System

• Temporary Amendment of Information Reporting Deadlines via the Financial Institutions Portal (PIF) Whereas the implementation of prevention and containment measures for the global COVID-19 pandemic requires the adoption of extraordinary measures; There is a need to adjust the information reporting procedures that Financial Institutions must submit to the National Bank of Angola (BNA) during this excellent period; Pursuant to the provisions of Law No. 12/2015 of June 17, the Framework Law for Financial Institutions; This Directive serves to establish the following: The suspension and/or extension of information reporting deadlines via the Financial Institutions Portal (PIF), under the following terms:

1. Financial Institutions subject to the supervision of the National Bank of Angola must, within the deadlines set below, submit electronically using the Financial Institutions Portal (PIF), accounting, statistical and management information, strictly observing the models defined for this purpose.
2. The documents referred to in the preceding paragraph must be submitted in XML format, through the PIF.
3. The information submitted by Financial Institutions, previously validated by the different systems, must be: a) Final, not admitting provisional data; and, b) In case of error, the Institution will be notified of detected irregularities for correction purposes, which does not exempt it from complying with the established deadlines.

CONTINUATION OF DIRECTIVE NO. 02/DSB/DRO/2020 Page 2 of 4 4. Financial Institutions must submit the information referred to in paragraph 1 of this Directive, adhering to the provisional reporting deadlines defined in the attached table as follows: 4.1 Daily, by 8:30 a.m., the following day; 4.2 Weekly, by 8:30 a.m., on the Monday of the following week; 4.3 Fortnightly, within 48:00 hours after the end of each fortnight; 4.4 Monthly, by the 12th day of the following month; 4.5 Bimonthly, within 30 days after the end of each bimonth; 4.6 Quarterly, within 30 days after the end of each quarter 4.7 Semi-annual, within 45 days after the end of each half-year; and, 4.8 Annual, by April 30 of the following year. 5. The information to be submitted must reflect the actual accounting status of the Institution and comply with the principles and procedures of sound banking practice. 6. Non-compliance with the provisions of this Directive constitutes an offense provided for and punishable under Law No. 12/2015 of June 17, the Framework Law for Financial Institutions. 7. All regulations contrary to this Directive are temporarily suspended, namely Directive No. 11/DSB/DRO/2019, of December 18. 8. This Directive enters into force immediately upon its publication. Luanda, March 27, 2020. DEPARTMENT OF BANKING SUPERVISION

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Elavoko do Rosário Chaves João -Director-

CONTINUATION OF DIRECTIVE NO. 02/DSB/DRO/2020 Page 3 of 4 Map Code / Reporting Type Base Information Type Analysis Department Periodicity System Provisional Reporting Deadline Annual Balance Sheet Individual Annual Balance Sheet BSB Annual SSIF Annual Semi-annual Balance Sheet Individual Semi-annual Balance Sheet BSB Semi-annual SSIF Semi-annual Quarterly Balance Sheet Consolidated Quarterly Balance Sheet BSB Quarterly SSIF Quarterly Monthly Balance Sheet Individual Monthly Balance Sheet BSB Monthly SSIF By the 12th of the following month Daily Balance Sheet Individual Daily Balance Sheet BSB/DMA Daily SSIF Daily Individual Liquidity Risk in All Currencies BSB Monthly SSIF By the 20th of the following month Individual Liquidity Risk in Significant Foreign Currency BSB Fortnightly SSIF Monthly by the 20th of the following month Individual Liquidity Risk in National Currency BSB Fortnightly SSIF Monthly by the 20th of the following month Regulatory Capital Map Individual/ Consolidated Regulatory Capital BSB Monthly SSIF By the 20th of the following month Individual/ Consolidated Regulatory Capital Requirements for Credit Risk and Counterparty Credit Risk BSB Monthly SSIF By the 20th of the following month Individual/ Consolidated Regulatory Capital Requirements for Market Risk and Counterparty Credit Risk in the Trading Book BSB Monthly SSIF By the 20th of the following month Individual/ Consolidated Regulatory Capital Requirements for Operational Risk BSB Monthly SSIF By the 20th of the following month Interest Rate Risk in Banking Book Map Individual/ Consolidated Interest Rate Risk in Banking Book BSB Semi-annual SSIF Semi-annual Prudential Limits to Large Exposures Map Individual/ Consolidated Prudential limits to large exposures BSB Monthly/Quarterly SSIF By the 20th of the following month Individual/ Consolidated Sensitivity Analysis BSB Semi-annual SSIF Semi-annual Individual/ Consolidated Scenario Analysis BSB Annual SSIF Annual Individual/ Consolidated Reverse Stress Testing BSB Annual SSIF Annual Credit Concession to the Real Economy Sector Map Individual Credit concession to the real economy sector BSB Monthly SSIF By the 12th of the following month Related Party Credit Reporting Map on the amount of Related Party Credit BSB Monthly SSIF By the 20th of the following month Individual Reporting of identifying data for natural and legal persons GAC Monthly CIRC By the 12th of the following month Individual Reporting of Credits and Financing GAC Monthly CIRC By the 12th of the following month Individual Reporting of returned cheques for insufficient funds GAC Monthly CIRC By the 20th of the following month Map of Largest Depositors Individual Largest Depositors BSB Monthly SSIF By the 12th of the following month Number of Clients, Deposit Accounts and Credit Operations Number of Clients, Deposit Accounts and Credit Operations DIF/DCF Quarterly SSIF Reporting Suspended Submitted and Executed Operations Submitted and Executed Operations in ME DCC Daily SSIF Daily Card Tariffs (costs) Data on card tariffs DCF Monthly SSIF By 30 days after the end of the Bimonth Number of Cards Map of Number of cards DSP Monthly SSIF Reporting Suspended Credit Cards Cards with Credit function DCF Monthly SSIF By 30 days after the end of the Bimonth System Attack Map of Information on system attack DSP Monthly SSIF By the 12th of the following month Remittance Flow Map of Remittance Flow of Values DCF/DSN Quarterly SSIF By 30 days after the end of the Bimonth SSIF - Financial Institutions Supervision System CIRC - Credit Risk Information Center IFNBs - Non-Bank Financial Institutions Liquidity Risk Maps Regulatory Capital Requirements Maps Stress Testing Results Map Client Credit Operations INFORMATION REPORTING MAP ANNEX

CONTINUATION OF DIRECTIVE NO. 02/DSB/DRO/2020 Page 4 of 4 Map Code / Reporting Type Base Information Type Analysis Department Periodicity System Provisional Reporting Deadline Number of Accounts Map of Quantity of Bank Accounts DIF Quarterly SSIF Reporting Suspended Defaulting Entities Map Map of Defaulting Entities DCC Fortnightly SSIF Fortnightly Exchange Rates Announced Exchange Rates DES/DSB/DSN/DCC Daily SSIF Daily Import and Export Map of ME and Travel Cheques Import and Export of ME and Travel Cheques DCC /DES/ BSB Weekly SSIF Fortnightly Foreign Currency Need Foreign Currency Need DMA/DCC Daily SSIF Daily Liquidity Borrowings and Lending Liquidity Borrowings and Lending DMA/DCC Daily SSIF Weekly Foreign Currency Purchase and Sale Foreign Currency Purchase and Sale DMA/DCC Daily SSIF Daily Foreign Currency Purchase, Sale and Conversion Foreign Currency Purchase, Sale and Conversion DMA/DCC Daily SSIF Daily Map of Largest Depositors BSB Daily SSIF By the 20th of the following month Map of Daily Deposit Portfolio Position BSB/DES Daily SSIF By 8:30 a.m. on Monday of the following week Interest Rate Interest Rate DES Monthly SSIF By the 12th of the following month Interest Rate Interest Rate DES Daily SSIF Reporting Suspended Individual Monthly Credit Report by Economic Activity Subsection DES Monthly SSIF By the 12th of the following month Monthly Deposit Report by Market Segment DES Monthly SSIF By the 12th of the following month Exchange Rate Position Map Exchange Rate Position DSB/DMA Daily SSIF Daily Credit Card Tariffs Interest Rates, Commissions and Expenses DCF Monthly SSIF By 60 days after the end of the month Prepaid International Brand Card Tariffs Commissions/Expenses DCF Monthly SSIF By 60 days after the end of the month International Brand Debit Card Tariffs Commissions/Expenses DCF Monthly SSIF By 60 days after the end of the month Updated Information on Agency Network Agencies in operation and closed DRO/DCF Annual SSIF Annual Dormant Accounts Accounts without activity for a period exceeding one year DCF Annual SSIF Annual Closed Accounts Number of Closed Accounts throughout the year DCF Annual SSIF Annual Annual Balance Sheet/IFNBs Individual Annual Balance Sheet DSN Annual SSIF Annual Quarterly Balance Sheet/IFNBs Individual Quarterly Balance Sheet DSN Quarterly SSIF By 60 days after the end of the quarter Foreign Exchange Operations Individual Map of Foreign Exchange Operations DSN Monthly SSIF By 30 days after the end of the month Remittance Operations Individual Map of Remittance Operations DSN Daily SSIF By 8:30 a.m. on Monday of the following week CIRC - Credit Risk Information Center IFNBs - Non-Bank Financial Institutions Additional information on New Credits and Deposits SSIF - Financial Institutions Supervision System Daily Position