NOS S.G.P.S Management

Management criteria checks 4/4

We currently do not have sufficient information about the CEO.

Key information

Miguel Nuno Almeida

Chief executive officer

€1.1m

Total compensation

CEO salary percentage	63.6%
CEO tenure	11.1yrs
CEO ownership	0.02%
Management average tenure	5.6yrs
Board average tenure	8.6yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Miguel Nuno Almeida's remuneration changed compared to NOS S.G.P.S's earnings?
Date	Total Compensation	Salary	Company Earnings
Sep 30 2024	n/a	n/a	€256m
Jun 30 2024	n/a	n/a	€249m
Mar 31 2024	n/a	n/a	€214m
Dec 31 2023	€1m	€675k	€181m
Sep 30 2023	n/a	n/a	€160m
Jun 30 2023	n/a	n/a	€220m
Mar 31 2023	n/a	n/a	€218m
Dec 31 2022	€1m	€675k	€225m
Sep 30 2022	n/a	n/a	€215m
Jun 30 2022	n/a	n/a	€156m
Mar 31 2022	n/a	n/a	€155m
Dec 31 2021	€972k	€625k	€144m
Sep 30 2021	n/a	n/a	€126m
Jun 30 2021	n/a	n/a	€131m
Mar 31 2021	n/a	n/a	€127m
Dec 31 2020	€944k	€625k	€86m
Sep 30 2020	n/a	n/a	€85m
Jun 30 2020	n/a	n/a	€81m
Mar 31 2020	n/a	n/a	€90m
Dec 31 2019	€943k	€617k	€143m
Sep 30 2019	n/a	n/a	€150m
Jun 30 2019	n/a	n/a	€148m
Mar 31 2019	n/a	n/a	€145m
Dec 31 2018	€892k	€575k	€138m
Sep 30 2018	n/a	n/a	€142m
Jun 30 2018	n/a	n/a	€130m
Mar 31 2018	n/a	n/a	€124m
Dec 31 2017	€891k	€575k	€122m

Compensation vs Market: Miguel Nuno's total compensation ($USD1.11M) is below average for companies of similar size in the UK market ($USD2.19M).

Compensation vs Earnings: Miguel Nuno's compensation has been consistent with company performance over the past year.

CEO

Miguel Nuno Almeida (57 yo)

11.1yrs

Tenure

€1,061,650

Compensation

Mr. Miguel Nuno Santos Almeida serves as the Chief Executive Officer at Sonaecom - Serviços de Comunicações, S.A (known as NOS) since October 1, 2013 and NOS SGPS SA. Mr. Almeida served as the Chief Market...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Miguel Nuno Almeida	CEO & Vice-Chairman	no data	€1.06m	0.020% € 352.4k
Jorge Filipe Pinto dos Santos Graca	CTO & Executive Director	no data	€529.93k	0.0098% € 173.0k
Filipa de Sousa da Gama Santos Carvalho	Chief Compliance Officer	no data	€361.95k	0.0096% € 169.8k
Manuel Eanes	Executive Director	11.1yrs	€607.78k	0.041% € 725.2k
Luis do Nascimento	Executive Director	7.4yrs	€545.50k	0.010% € 178.2k
Daniel Beato	Executive Director	3.8yrs	€402.56k	0.0066% € 116.2k
Jose Alexandre Ferreira	CFO & Executive Director	less than a year	no data	no data
Maria Joao Hewitt Carrapato Landau	Head of the Investor Relations & Sustainability	no data	no data	no data
Duarte Lopes	Chief Information Security Officer	no data	no data	no data

5.6yrs

Average Tenure

Experienced Management: 0J1Z's management team is seasoned and experienced (5.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Miguel Nuno Almeida	CEO & Vice-Chairman	11.1yrs	€1.06m	0.020% € 352.4k
Jorge Filipe Pinto dos Santos Graca	CTO & Executive Director	8.6yrs	€529.93k	0.0098% € 173.0k
Filipa de Sousa da Gama Santos Carvalho	Chief Compliance Officer	3.8yrs	€361.95k	0.0096% € 169.8k
Manuel Eanes	Executive Director	11.1yrs	€607.78k	0.041% € 725.2k
Luis do Nascimento	Executive Director	7.4yrs	€545.50k	0.010% € 178.2k
Daniel Beato	Executive Director	3.8yrs	€402.56k	0.0066% € 116.2k
Jose Alexandre Ferreira	CFO & Executive Director	less than a year	no data	no data
Angelo Gabriel dos Santos Pauperio	Chairman of the Board	11.1yrs	€225.00k	no data
Maria Claudia de Azevedo	Non-Executive Director	11.1yrs	€72.50k	no data
Catarina Eufemia da Luz Tavira Van-Dunem	Non-Executive Director	12yrs	€65.00k	no data
Joao Pedro da Silva Torres Dolores	Non-Executive Director	8.6yrs	€92.50k	0.012% € 216.5k
Jose Alves	Chairman of the Statutory Audit Board	5.5yrs	no data	no data

8.6yrs

Average Tenure

55.5yo

Average Age

Experienced Board: 0J1Z's board of directors are considered experienced (8.6 years average tenure).

NOS S.G.P.S Management

Management criteria checks 4/4

Key information

Recent management updates

NOS, S.G.P.S., S.A., Annual General Meeting, Apr 12, 2024

Nos Announces the Resignation of Jose Pedro Da Costa as Executive Member of Its Board of Directors, Effective31 December 2023

NOS, S.G.P.S., S.A., Annual General Meeting, Apr 21, 2022

NOS, S.G.P.S., S.A., Annual General Meeting, Apr 21, 2022

The Board of Directors Portuguese Operator NOS Names Filipa Santos Carvalho and Daniel Lopes Beato as Members of the Board

Recent updates

New minor risk - Financial position

Third quarter 2024 earnings released: EPS: €0.10 (vs €0.09 in 3Q 2023)

New minor risk - Financial position

NOS, S.G.P.S., S.A. (ENXTLS:NOS) acquired 20% stake in DareData Engineering.

Second quarter 2024 earnings released: EPS: €0.16 (vs €0.088 in 2Q 2023)

New minor risk - Financial position

First quarter 2024 earnings released: EPS: €0.13 (vs €0.068 in 1Q 2023)

Full year 2023 earnings released: EPS: €0.35 (vs €0.44 in FY 2022)

NOS, S.G.P.S., S.A., Annual General Meeting, Apr 12, 2024

New major risk - Revenue and earnings growth

NOS, S.G.P.S., S.A. to Report Q3, 2024 Results on Oct 31, 2024

Nos Announces the Resignation of Jose Pedro Da Costa as Executive Member of Its Board of Directors, Effective31 December 2023

New major risk - Revenue and earnings growth

Third quarter 2023 earnings released: EPS: €0.09 (vs €0.20 in 3Q 2022)

Now 22% undervalued after recent price drop

New minor risk - Financial position

Second quarter 2023 earnings released: EPS: €0.089 (vs €0.086 in 2Q 2022)

First quarter 2023 earnings released: EPS: €0.07 (vs €0.08 in 1Q 2022)

Upcoming dividend of €0.43 per share at 6.4% yield

Now 21% undervalued

Full year 2022 earnings released: EPS: €0.44 (vs €0.28 in FY 2021)

NOS, S.G.P.S., S.A. to Report Q3, 2023 Results on Nov 02, 2023

Third quarter 2022 earnings released: EPS: €0.20 (vs €0.09 in 3Q 2021)

Third quarter 2022 earnings released: EPS: €0.21 (vs €0.09 in 3Q 2021)

Second quarter 2022 earnings released: EPS: €0.086 (vs €0.085 in 2Q 2021)

Now 20% undervalued

First quarter 2022 earnings released: EPS: €0.08 (vs €0.059 in 1Q 2021)

Now 22% undervalued

Upcoming dividend of €0.28 per share

Cellnex Telecom, S.A. (BME:CLNX) acquired a Portfolio of up to 350 Towers and Rooftop Sites from NOS, S.G.P.S., S.A. (ENXTLS:NOS) for €155 million.

NOS, S.G.P.S., S.A., Annual General Meeting, Apr 21, 2022

NOS, S.G.P.S., S.A., Annual General Meeting, Apr 21, 2022

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Third quarter 2021 earnings released: EPS €0.09 (vs €0.086 in 3Q 2020)

Second quarter 2021 earnings released

First quarter 2021 earnings released: EPS €0.059 (vs €0.02 loss in 1Q 2020)

First quarter 2021 earnings released: EPS €0.06 (vs €0.02 loss in 1Q 2020)

Upcoming dividend of €0.28 per share

Full year 2020 earnings released: EPS €0.17 (vs €0.28 in FY 2019)

Revenue misses expectations

NOS Starts Distributing Lleida.net Services in Portugal

New 90-day low: €2.71

NOS, S.G.P.S., S.A. to Report Q1, 2021 Results on May 11, 2021

New 90-day low: €2.76

The Board of Directors Portuguese Operator NOS Names Filipa Santos Carvalho and Daniel Lopes Beato as Members of the Board

Revenue beats expectations

Third quarter 2020 earnings released: EPS €0.086

Market bids up stock over the past week

Market bids up stock over the past week

New 90-day low: €2.84

Revenue beats expectations

Third quarter 2020 earnings released: EPS €0.086

Cellnex Telecom, S.A. (BME:CLNX) completed the acquisition of NOS Towering from NOS, S.G.P.S., S.A. (ENXTLS:NOS).

New 90-day low: €3.33

First half earnings released

New 90-day low - €3.41

Sonaecom, SGPS, S.A. (ENXTLS:SNC) acquired 7.4% stake in NOS, S.G.P.S., S.A. from BPI Gestão de Activos - Gestão de Fundos de Investimento Mobiliários, S.A.

New 90-day high - €4.06

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Board Members

Average Tenure

Average Age