Directive No. 05/2026 on the Constitution of Mandatory Foreign Currency Reserves

GOVERNOR DIRECTIVE NO. 05/2026 ORIGIN: MARKETS DEPARTMENT (DME) DATE 02/07/2026 SUBJECT: FINANCIAL SYSTEM − Constitution of Mandatory Foreign Currency Reserves (FC) Given the need to consolidate the accounts defined by the National Bank of Angola, for the fulfillment of the Mandatory Reserves applicable to Banking Financial Institutions, in foreign currency, as provided in Instruction No. 02/26, of June 30, as well as to adjust the procedures for their constitution and demobilization; This Directive serves to establish the following:

1. The eligible currencies for the fulfillment of Mandatory Foreign Currency Reserves (FC) are the United States Dollar (USD), the Euro (EUR), the Renminbi (CNY), and the South African Rand (ZAR).
2. The bank coordinates for the constitution of Mandatory Foreign Currency Reserves (FC) are shared through specific communication.
3. For the purposes of the preceding point, only information related to the effective daily closing balance in the National Bank of Angola's correspondent account is considered.
4. For the purposes of constituting and demobilizing Mandatory Foreign Currency Reserves, Banking Financial Institutions must submit confirmation communications and demobilization requests to the email address dme@bna.ao.
5. Directive No. 03/23 of February 6 is revoked.
6. Doubts and omissions resulting from the interpretation and application of this CONTINUATION OF DIRECTIVE NO. 05/2026 Page 2 of 2 Directive are clarified by the National Bank of Angola.
7. This Directive comes into force on July 6, 2026. Luanda, July 2, 2026. MARKETS DEPARTMENT Tânia Patrícia de Oliveira Mendes Lopes -Director-