INFO
ORMAT
TION
REGA
ARDING
C
CHANGES
TO
THE
E
COMPO
OSITION
OF
THE
MANAGE
EMENT
STRUCTURE
Banif – Banco Internacion
nal do Fu nchal, S.A. informs that Minissterial Order no.
12035/2014, issu
ued by the Minister
M
of S
State and Finance
F
on 22
2 Septemb
ber, was published
in the 30 Septem
mber 2014 edition
e
of th
he 2nd Serie
es of the Diário da Re pública (no. 188).
Under the terms of
o this orde
er, "Dr Migu
uel Silva Arttiaga Barbos
sa is appoin
nted to the bank's
board of directorrs as a non
n-executive director, with
w
effect from
f
1 Octo
tober 2014 and in
accord
dance with the
t
terms of
o no. 2 of article 14 of
o Law no. 63-A/2008, of 24 November,
and no
o. 10 of Ord
der no. 1527
7-B/2013, a
and in full respect
r
of alll applicable
e legal proce
edures,
includiing the prov
visions of arrticles 30 to
o 33 of the General Code for Cred
dit Institutio
ons and
Financ
ce Companiies, approv
ved through
h Decree-La
aw no. 298
8/92, of 31
1 Decemberr." The
comple
ete version of the abo
ovementione
ed Ministerial Order no
o. 12035/20
014 is available in
https:///dre.pt/app
plication/file
e/57692883
3
In com
mpliance with the prov
visions of n
no. 3 of article 69 of the
t
Generall Code for Credits
Institu
utions and Finance Companies, the above
e-mentioned
d member of the bo
oard of
directo
ors shall take up the duties to w
which he ha
as been app
pointed oncce the apprropriate
registrration proce
ess at the Ba
anco de Porrtugal has been
b
comple
eted.
ver, Banif – Banco In
nternaciona l do Funch
hal, S.A. als
so wishes tto state th
hat this
Moreov
appoin
ntment was made as a result of re
equest subm
mitted by Dr
D António C
Carlos Custó
ódio de
Morais
s Varela to resign from his positio n as a non--executive member
m
of the Banif – Banco
Internacional do Funchal,
F
S.A
A., board off directors, a position to
t which he was appoin
nted by
Ministe
erial Order no. 3454--A/2013, isssued by the Ministerr of State and Financ
ce and
publish
hed in the 4 March 2013
2
edition
n of the 2n
nd Series of the Officiial Gazette of the
Repub
blic (no. 44)). This resig
gnation resu
ults from an
n incompatibility of fun
nctions, as defined
d
by article 61 of the Banco de Portugal by-laws, with the postt to which h
he has sinc
ce been
nted by Council of Minis
sters Resolu
ution no. 23
3-A/2014.
appoin
Lisbon , 01 Octobe
er 2014
The Issuer
r
Banif – B
Banco Internacio
onal do Funchal, SA
Limited L
Liability Compan
ny
Registere
ed Office: Rua de
d João Tavira, 30 - 9004-509 Funchal
Share Ca
apital: 1,720,70
00,000.00 euros
s
Single Re
egistration and Corporate Taxp
payer Number: 5
511 202 008