SCOPE R&D INVESTMENT FINANCIAL INCENTIVES TAX INCENTIVES Investment in R&D activities to develop new products/services or new production methods or processes. ELIGIBLE EXPENSES Costs with technical staff dedicated to R&D activities; Acquisition of services from third parties, including technical and scientific assistance and consulting; Purchase of scientific and technical instruments and equipment (depreciations during project); Costs associated with patents registration and acquisition. N AT U R E OF SUPPORT MAXIMUM SUPPORT Base Rate: 25% of eligible expenses; Bonuses: up to +40 pp according to project scope; 100% Cash Grant: up to €1.000.000 of incentive; For incentive amount that exceeds €1.000.000, 25% as an interest-free loan and 75% as cash grant. Corporate Income Tax Credit: Base rate: 32.5%; Incremental Rate: 50% of the increase in R&D expenses incurred during that period compared to the average from the previous two fiscal years, up to €1.500.000. 25%* 32,5% Financial grants combined with tax incentives, applied to the same expenses may not exceed: 80% of Gross Grant Equivalent for Industrial Research Projects; 60% of Gross Grant Equivalent for Experimental Projects. For projects located in Lisbon, maximum financial support is 40% of eligible expenses Source: Portuguese Government *Base Rate