Remuneration of structured deposits

Characteristics of deposit

Name of deposit	EUR NB DUAL E-COMMERCE 2015-2017
Institution	NOVO BANCO, S.A.
Start date	31-07-2015
Maturity date	31-07-2017
Term	2 years
Underlying market	Shares
Currency	EUR
Document	EUR NB DUAL E-COMMERCE 2015-2017.pdf

Remuneration of deposit

Rate of return on maturity date
Rate of return	See components

Component 1
Type:	Fix
Start date:	08-07-2015
Maturity date :	31-07-2015
Underlying market:	Fixed interest rate
Rate of return :	0,250%

Component 2
Type:	Indexed
Start date:	31-07-2015
Maturity date :	31-07-2017
Underlying market:	Shares
Rate of return :	2,832%