Directive No. 04-2023, dated February 2

GOVERNOR DIRECTIVE NO. 04/DME/2023 ORIGIN: MARKETS DEPARTMENT (DME) DATE 02/02/2023 SUBJECT: FOREIGN EXCHANGE MARKET

• Indicative Buying and Selling Exchange Rates submitted by Banking Financial Institutions on the Bloomberg FXGO Platform (AOA - BGN) Whereas there is a need to establish procedures for the submission of indicative rates by Banking Financial Institutions on the Bloomberg Platform; Considering that the Bloomberg reference exchange rate aims to be representative of the Foreign Exchange Market, reflecting "indicative" and "executed" rates in the market; This Directive serves to establish the following:

1. Indicative exchange rates are quotes provided by Banking Financial Institutions that signal the proposed exchange rate levels for foreign currency buying and selling operations.
2. Banking Financial Institutions authorized to conduct foreign exchange trading must submit daily, at 8:30 and 13:30 hours, their indicative buying and selling exchange rates for the United States dollar (USD), Euro (EUR), and South African rand (ZAR).
3. In accordance with the preceding point, Banking Financial Institutions may also update their indicative exchange rates throughout the operational day.

CONTINUATION OF DIRECTIVE NO. 04/2023 Page 2 of 2 4. Doubts and omissions resulting from the interpretation and application of this Directive are resolved by the Central Bank of Angola. 5. This Directive enters into force on February 13, 2023. Luanda, February 2, 2023. MARKETS DEPARTMENT

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Tânia Patrícia de Oliveira Mendes Lopes -Director-