Koninklijke Brill NV

Earnings Release • Apr 19, 2019

PRESS RELEASE Trading Update

Brill makes a satisfactory start in 2019

Brill's Q1 revenues were in line with management expectations across all product lines and showed satisfactory organic growth versus the first quarter of 2018. Costs developed as planned, including savings realized as a result of the profit improvement plan launched last year.

In Q1 Brill made progress in expanding its journal portfolio with the takeover of Contributions to Zoology, Simone de Beauvoir Studies, the classical philology journal AION, and the Australian Year Book of International Law. Two new open access book series were launched in cooperation with the Swiss National Fund and the Max Planck Institute for European Legal History. In February, the German imprint Ferdinand Schöningh saw the release of Lexikon für Kirchen- und Religionsrecht, its first reference work published online on Brill's platform.

This early in the year Brill does not issue a concrete outlook for the year end results.

As announced earlier Brill intends to appoint Jasmin Lange as statutory director as of 16 May 2019. Jasmin Lange joined Brill in 2010 and serves on the Executive Committee as Chief Publishing Officer since January 2018.

The AGM will take place on Thursday 16 May (2.00 PM) at the premises of the company in Leiden, The Netherlands. The Supervisory Board will propose to re-appoint Robin Hoytema van Konijnenburg for another term of 4 years as member of the Supervisory Board. In addition the Supervisory Board will propose to the AGM to appoint Theo van der Raadt as fourth member of the Supervisory Board. Theo van der Raadt is currently chairman of the supervisory board at ICT Group N.V. and Shared Stories Group and has served as CEO and CFO at Royal Ahrend N.V. and Nutreco Holding N.V.

During the AGM, an all-cash dividend of EUR 0.85 will be proposed to shareholders. Record date will be 21 May 2019 and dividend payment date will be 22 May 2019.

Leiden, 18 April, 2019

Peter Coebergh, Chief Executive Officer coebergh@brill.com - +31 (0)6 53 57 83 25

About Brill

Founded in 1683 in Leiden, the Netherlands, Brill is a leading international academic publisher in Middle East and Islamic Studies, Asian Studies, Classical Studies, History, Biblical and Religious Studies, Language & Linguistics, Literature & Cultural Studies, Philosophy, Biology, Education, Social Sciences and International Law. With offices in Leiden (NL), Boston (US), Paderborn (GER), Singapore (SG) and Beijing (CN). Brill today publishes more than 300 journals and close to 1,400 new books and reference works each year, available in print and online. Brill also markets a large number of primary source research collections and databases. The company's key customers are academic and research institutions, libraries, and scholars. Brill is a publicly traded company and is listed on Euronext Amsterdam NV. For further information, please visit www.brill.com.