Instruction No. 01/2026 of April 24

INSTRUCTION NO. 01/2026 of April 24
SUBJECT: FINANCIAL SYSTEM
− Prudential Treatment of Loans granted to Companies and Families demonstrably affected by Natural Disasters occurring in the Country since the beginning of the year 2026. Considering the significant impact caused by recent natural disasters on economic activity in various regions of the country, which resulted in the destruction of infrastructure, interruption of supply chains and loss of family income; Considering, equally, the need to adopt prudential measures of a temporary nature, including credit moratoriums, as an effective instrument for economic relief of affected companies and families, as well as the safeguard that such measures do not lead to an artificial deterioration of the prudential indicators of Banking Financial Institutions; Under the combined provisions of paragraphs 1 and 3 of Article 98 of Law No. 24/21, of October 18, the Law of the National Bank of Angola and Article 166 of Law No. 14/21, of May 19, the General Regime of Financial Institutions Law. I DETERMINE:

1. Object
   This Instruction establishes the exceptional and temporary regime applicable to the prudential treatment of loans granted to companies and families, demonstrably affected by natural disasters occurring in various regions of the country, since the beginning of 2026.

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2. Scope
2.1. This Instruction applies to Banking Financial Institutions under
supervision of the National Bank of Angola.
2.2. Eligible are companies operating in areas affected by
disasters whose income capacity has been, demonstrably, impaired.
3. Definitions
3.1. For the purposes of this Instruction, it is understood that:
a) Affected client: individual or corporate entity holding a loan who proves direct impairment by natural disasters, in accordance with point 4; b) Moratorium: temporary suspension of repayment of principal and/or interest on the loan, without alteration of other contractual terms; c) Restructuring: alteration of the loan's contractual terms, namely, deadlines, amortization schedule, grace period or interest rate, aimed at preserving the capacity to meet obligations; d) Loan in regular status: loan that, as of April 10 2026, did not show default exceeding 60 days.
4. Eligibility Criteria
4.1. Eligible are loans that, as of April 10, 2026, were
in regular status according to paragraph d) of subpoint 3.1.
4.2. The status of affected client is proven by submission
to the Banking Financial Institution of a certificate issued by the Civil Protection and Fire Services Command of the Municipality or District

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4.3. It is for Banking Financial Institutions to verify documentation,
validate the status of affected client and retain evidence for supervisory purposes.
5. Granting of Moratoriums
5.1. Upon request by the affected client, Banking Financial Institutions
must grant suspension of repayment of principal and interest, for a maximum period of 6 (six) months.
5.2. The request must be submitted by the client to its respective
Banking Financial Institution within a maximum period of 30 (thirty) days from the date of publication of this Instruction.
5.3. The decision is communicated in writing to the client, with its respective
reasoning, within a maximum period of 15 (fifteen) working days from receipt of the request.
5.4. The moratorium does not alter other contractual terms, namely,
the interest rate, with accrued interest during suspension capitalized or deferred as agreed between the parties.
5.5. Upon expiry of the moratorium period, the payment plan is reinstated,
and the remaining term must be extended by a period equivalent to that of the suspension.
6. Loan Restructuring
6.1. Banking Financial Institutions may restructure loans of
affected clients whenever necessary to preserve the capacity to meet obligations.
6.2. Loans granted under Notices No. 09/24 and 10/24 of December 20,
whose projects have been directly affected

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6.3. Restructuring carried out under this point does not determine,
by itself, the prudential reclassification of the loan, without prejudice to the provisions in point 7.
7. Prudential Treatment
7.1. Loans covered by this regime:
a) Retain the prudential classification held on the date prior to the event; b) Are not considered in default solely due to measures granted under this Instruction; c) Do not require immediate establishment of additional provisions or impairments arising exclusively from these measures; d) Are subject to enhanced monitoring by Banking Financial Institutions.
7.2. Without prejudice to the preceding point, Banking Financial Institutions
must maintain adequate credit risk assessment and timely reflect any deterioration of the client's situation not arising from the event.
8. Reporting and Supervision Obligations
8.1. Banking Financial Institutions must report, monthly, to the
National Bank of Angola, by the 10th working day of each month, loans covered by this regime, indicating at least the identification and segment of the client, outstanding capital, type of measure applied and respective period.
8.2. Banking Financial Institutions must maintain internal systems of
monitoring and control that allow unequivocal identification

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9. Communication to the Credit Information and Risk Center
9.1. Banking Financial Institutions must communicate to the Credit Information and Risk Center (CIRC) loans covered by
this regime, identifying them with the specific marking defined by the National Bank of Angola, within a maximum period of 5 (five) working days from the granting of the moratorium or the formalization of restructuring.
9.2. During the validity of the measure and solely due to its granting under
this Instruction, covered loans maintain in CIRC the risk classification held on the date prior to the event, not being reported as due, in default or with installments in arrears.
10. Client Information Duties
Banking Financial Institutions must inform clients clearly and in a timely manner regarding the conditions, deadlines and effects of measures provided for in this Instruction, namely, the treatment of interest during moratorium, the consequences of restructuring on the payment plan and the method of reporting loans to the Credit Information and Risk Center.
11. Duration
This regime is of an exceptional and temporary nature, valid for a period of 6 months, and may be extended following assessment of economic, social and prudential impacts.

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12. Sanctions
Non-compliance with the provisions established in this Instruction constitutes an offense provided for and punishable, under Law No. 14/21, of May 19, the General Regime of Financial Institutions Law.
13. Doubts and Omissions
Doubts and omissions resulting from the interpretation and application of this Instruction shall be resolved by the National Bank of Angola.
14. Entry into Force
This Instruction enters into force on the date of its publication. PUBLISHED. Luanda, April 24, 2026. THE GOVERNOR MANUEL ANTÓNIO TIAGO DIAS