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ageas SA/NV

Major Shareholding Notification Jul 17, 2020

3905_mrq_2020-07-17_8cffed16-adef-4daf-a87f-d8cd303e6607.pdf

Major Shareholding Notification

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PRESS RELEASE

Brussels, 17 July 2020 – 17:40 (CET)

REGULATED INFORMATION

Ageas and BlackRock: Transparency notification

In accordance with the rules on financial transparency*, BlackRock has notified Ageas on 16 July 2020 that, on 15 July 2020, its interest has exceeded the legal threshold of 5% of the shares issued by Ageas. Its current shareholding stands at 5.07%.

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 July 2020

Threshold that is crossed (in %) 5%

Denominator 194,553,574

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

Additional information The disclosure obligation arose due to total holdings for BlackRock, Inc. going above 5%.

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

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)
BlackRock, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock (Netherlands) B.V. Rembrandt Tower, 17th floor, Amstelplein, Amsterdam, Netherlands
BlackRock (Singapore) Limited 20 Anson Road #18-01, Singapore, 79912, Singapore
BlackRock Advisors (UK) Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Advisors, LLC 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock Asset Management Canada Limited 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada
BlackRock Asset Management Deutschland AG Lenbachplatz 1 1st Floor, Munich, 80333-MN3, Germany
BlackRock Asset Management North Asia Limited 15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3 Garden Road, Central,
Hong Kong
BlackRock Financial Management, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock Fund Advisors 400 Howard Street, San Francisco, CA, 94105, U.S.A.
BlackRock Institutional Trust Company, National
Association
400 Howard Street, San Francisco, CA, 94105, U.S.A.
BlackRock International Limited Exchange Place One, 1 Semple Street, Edinburgh, EH3 8BL, U.K.
BlackRock Investment Management (Australia)
Limited
Level 26, 101 Collins Street, Melbourne, VIC 3000, Australia
BlackRock Investment Management (UK) Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Investment Management, LLC 1 University Square Drive, Princeton, NJ, 8540, U.S.A.
BlackRock Japan Co., Ltd. 1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo, 100-8217, Japan

ANNEX 1b

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
BlackRock, Inc. 0 0 0.00%
BlackRock (Netherlands) B.V. 21,246 21,246 0.01%
BlackRock (Singapore) Limited 6,943 6,944 0.00%
BlackRock Advisors (UK) Limited 1,422,431 1,804,800 0.93%
BlackRock Advisors, LLC 75,908 75,908
BlackRock Asset Management
Canada Limited
135,233 135,233 0.07%
BlackRock Asset Management
Deutschland AG
413,226 413,226 0.21%
BlackRock Asset Management North
Asia Limited
30,590 30,765 0.02%
BlackRock Financial Management,
Inc.
18,147 18,171 0.01%
BlackRock Fund Advisors 3,321,290 3,321,290 1.71%
BlackRock Institutional Trust
Company, National Association
2,591,054 2,584,225 1.33%
BlackRock International Limited 3,573 3,573 0.00%
BlackRock Investment Management
(Australia) Limited
72,793 72,793 0.04%
BlackRock Investment Management
(UK) Limited
450,021 551,164 0.28%
BlackRock Investment Management,
LLC
356,922 359,576 0.18%
BlackRock Japan Co., Ltd. 152,097 152,095 0.08%
Subtotal 9,071,474 9,551,009 4.91%
TOTAL 9,551,009 0 4.91% 0.00%
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
BlackRock Advisors (UK) Limited Securities Lent 314,335 0.16% physical
BlackRock Investment Management
(UK) Limited
Securities Lent 5,954 0.00% physical
TOTAL 320,289 0.16%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 9,871,298 5.07%

In accordance with the rules on financial transparency*, BlackRock has notified Ageas on 15 July 2020 that, on 14 July 2020, its interest has fallen below the legal threshold of 5% of the shares issued by Ageas. Its current shareholding stands at 4.83%.

Reason for the notification

Acquisition or disposal of voting securities or voting rights Acquisition or disposal of financial instruments that are treated as voting securities

Notification by A parent undertaking or a controlling person

Persons subject to the notification requirement See annex 1c

Date on which the threshold is crossed 14 July 2020

Threshold that is crossed (in %) 5%

Denominator 194,553,574

Notified details See annex 1 d

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

Additional information

The disclosure obligation arose due to total holdings for BlackRock, Inc. going below 5%.

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

ANNEX 1c

Name Address (for legal entities)
BlackRock, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock (Netherlands) B.V. Rembrandt Tower, 17th floor, Amstelplein, Amsterdam, Netherlands
BlackRock (Singapore) Limited 20 Anson Road #18-01, Singapore, 79912, Singapore
BlackRock Advisors (UK) Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Advisors, LLC 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock Asset Management Canada Limited 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada
BlackRock Asset Management Deutschland AG Lenbachplatz 1 1st Floor, Munich, 80333-MN3, Germany
BlackRock Asset Management North Asia Limited 15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3 Garden Road, Central,
Hong Kong
BlackRock Financial Management, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock Fund Advisors 400 Howard Street, San Francisco, CA, 94105, U.S.A.
BlackRock Institutional Trust Company, National
Association
400 Howard Street, San Francisco, CA, 94105, U.S.A.
BlackRock International Limited Exchange Place One, 1 Semple Street, Edinburgh, EH3 8BL, U.K.
BlackRock Investment Management (Australia)
Limited
Level 26, 101 Collins Street, Melbourne, VIC 3000, Australia
BlackRock Investment Management (UK) Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Investment Management, LLC 1 University Square Drive, Princeton, NJ, 8540, U.S.A.
BlackRock Japan Co., Ltd. 1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo, 100-8217, Japan

ANNEX 1d

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
BlackRock, Inc. 0 0 0.00%
BlackRock (Netherlands) B.V. 21,246 21,246 0.01%
BlackRock (Singapore) Limited 62,458 6,943 0.00%
BlackRock Advisors (UK) Limited 1,715,092 1,422,431 0.73%
BlackRock Advisors, LLC 75,908 75,908 0.04%
BlackRock Asset Management
Canada Limited
135,233 135,233 0.07%
BlackRock Asset Management
Deutschland AG
416,100 413,226 0.21%
BlackRock Asset Management North
Asia Limited
30,385 30,590 0.02%
BlackRock Financial Management,
Inc.
35,245 18,147 0.01%
BlackRock Fund Advisors 3,327,005 3,321,290 1.71%
BlackRock Institutional Trust
Company, National Association
2,591,054 2,591,054 1.33%
BlackRock International Limited 3,573 3,573 0.00%
BlackRock Investment Management
(Australia) Limited
72,793 72,793 0.04%
BlackRock Investment Management
(UK) Limited
493,589 450,021 0.23%
BlackRock Investment Management,
LLC
354,936 356,922 0.18%
BlackRock Japan Co., Ltd. 152,163 152,097 0.08%
Subtotal 9,486,780 9,071,474 4.66%
TOTAL 9,071,474 0 4.66% 0.00%
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
BlackRock Advisors (UK) Limited Securities Lent 314,335 0.16% physical
BlackRock Investment Management
(UK) Limited
Securities Lent 5,954 0.00% physical
BlackRock Institutional Trust
Company, National Association
Contract for Difference 3,269 0.00% cash
BlackRock Investment Management,
LLC
Depository Receipts 333 0.00%
TOTAL 0.17%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 9,395,365 4.83%

In accordance with the rules on financial transparency*, BlackRock has notified Ageas on 14 July 2020 that, on 13 July 2020, its interest has exceeded the legal threshold of 5% of the shares issued by Ageas. Its current shareholding stands at 5.04%.

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 1e

Date on which the threshold is crossed 13 July 2020

Threshold that is crossed (in %) 5%

Denominator 194,553,574

Notified details See annex 1 f

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

Additional information The disclosure obligation arose due to total holdings for BlackRock, Inc. going above 5%.

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

ANNEX 1e

Name Address (for legal entities)
BlackRock, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock (Netherlands) B.V. Rembrandt Tower, 17th floor, Amstelplein, Amsterdam, Netherlands
BlackRock (Singapore) Limited 20 Anson Road #18-01, Singapore, 79912, Singapore
BlackRock Advisors (UK) Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Advisors, LLC 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock Asset Management Canada Limited 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada
BlackRock Asset Management Deutschland AG Lenbachplatz 1 1st Floor, Munich, 80333-MN3, Germany
BlackRock Asset Management North Asia Limited 15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3 Garden Road, Central,
Hong Kong
BlackRock Financial Management, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock Fund Advisors 400 Howard Street, San Francisco, CA, 94105, U.S.A.
BlackRock Institutional Trust Company, National
Association
400 Howard Street, San Francisco, CA, 94105, U.S.A.
BlackRock International Limited Exchange Place One, 1 Semple Street, Edinburgh, EH3 8BL, U.K.
BlackRock Investment Management (Australia)
Limited
Level 26, 101 Collins Street, Melbourne, VIC 3000, Australia
BlackRock Investment Management (UK) Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Investment Management, LLC 1 University Square Drive, Princeton, NJ, 8540, U.S.A.
BlackRock Japan Co., Ltd. 1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo, 100-8217, Japan

ANNEX 1f

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
BlackRock, Inc. 0 0 0.00%
BlackRock (Netherlands) B.V. 21,246 21,246 0.01%
BlackRock (Singapore) Limited 6,943 62,458 0.03%
BlackRock Advisors (UK) Limited 1,398,569 1,715,092 0.88%
BlackRock Advisors, LLC 75,908 75,908
BlackRock Asset Management
Canada Limited
136,081 135,233 0.07%
BlackRock Asset Management
Deutschland AG
416,100 416,100 0.21%
BlackRock Asset Management North
Asia Limited
32,176 30,385 0.02%
BlackRock Financial Management,
Inc.
16,766 35,245 0.02%
BlackRock Fund Advisors 3,324,209 3,327,005 1.71%
BlackRock Institutional Trust
Company, National Association
2,591,428 2,591,054 1.33%
BlackRock International Limited 3,573 3,573 0.00%
BlackRock Investment Management
(Australia) Limited
72,793 72,793 0.04%
BlackRock Investment Management
(UK) Limited
448,370 493,589 0.25%
BlackRock Investment Management,
LLC
375,272 354,936 0.18%
BlackRock Japan Co., Ltd. 247,434 152,163 0.08%
Subtotal 9,166,868 9,486,780 4.88%
TOTAL 9,486,780 0 4.88% 0.00%
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
BlackRock Advisors (UK) Limited Securities Lent 314,335 0.16% physical
BlackRock Institutional Trust
Company, National Association
Contract for Difference 3,617 0.00% cash
TOTAL 317,952 0.16%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 9,804,732 5.04%

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

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 2019 (all figures at 100%).

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