ageas SA/NV

Major Shareholding Notification • Nov 18, 2021

PRESS RELEASE

Brussels, 18 November 2021 – 17:40 (CET)

Ageas and Schroders plc: Transparency notification

In accordance with the rules on financial transparency*, Schroders plc has notified Ageas on 16 November 2021 that, on 15 November 2021, its interest has exceeded the statutory threshold of 3% of the shares issued by Ageas. Its current shareholding stands at 3.02%.

Reason for the notification Acquisition or disposal of voting securities or voting rights

Notification by A parent undertaking or a controlling person

Persons subject to the notification requirement See annex 1a

Date on which the threshold is crossed 15 November 2021

Threshold that is crossed (in %) 3% shares

Denominator 191,033,128

Notified details See annex 1 b

Chain of controlled undertakings through which the holding is effectively held, if applicable The full chain of command can be found on https://www.ageas.com/investors/shareholders

This press release and the notifications received by Ageas are available on the website.

* article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions.

Ageas is a listed international insurance Group with a heritage spanning almost 200 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow. As one of Europe's larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, France, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long term partnerships with strong financial institutions and key distributors. Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of over 45,000 people and reported annual inflows of over EUR 36 billion in 2020 (all figures at 100%).

REGULATED INFORMATION

EURONEXT BRUSSELS Ticker: AGS ISIN: BE0974264930

MEDIA CONTACT +32 (0)2 557 57 36

INVESTOR RELATIONS +32 (0)2 557 57 32

Ageas Rue du Marquis 1 1000 Brussels - Belgium www.ageas.com

@AgeasGroup

ANNEX 1a

Name	Address (for legal entities)
Schroders plc	1 London Wall Place, London, EC2Y 5AU

ANNEX 1b

B) Equivalent financial instruments	After the transaction
Holders of equivalent financial instruments	Type of financial instrument		Expiration date Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voting rights	Settlement
Schroder Investment Management Limited	CFD			19.993	0,01%	cash
	TOTAL			19.993	0,01%

A) Voting rights	Previous notification	After the transaction
	# of voting rights	# of voting rights		% of voting rights
Holders of voting rights		Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
Schroders plc		0		0,00%
Schroder Investment Management Limited		5.732.237		3,00%
Schroder Investment Management (Hong Kong) Limited		16.000		0,01%
Subtotal		5.748.237		3,01%
	TOTAL	5.748.237	0	3,01%	0,00%

TOTAL (A & B)		# of voting rights	% of voting rights
	CALCULATE	5.768.230	3,02%