Ackermans & van Haaren NV

Transaction in Own Shares • Nov 17, 2020

Regulated information within the meaning of the Royal Decree of November 14, 2007

Redemption of shares

The extraordinary shareholders' meeting of Ackermans & van Haaren NV has on November 13, 2017 renewed the powers delegated to the board of directors to redeem shares for a period of 5 years.

In the framework of these powers, Ackermans & van Haaren has concluded a liquidity contract with Kepler Cheuvreux to improve the liquidity of the AvH share.

In the framework of this liquidity programme, Kepler Cheuvreux has in the period from November 6, 2020 until November 17, 2020 acquired a total of 1,600 shares on Euronext Brussels on behalf of AvH. AvH shares are acquired and sold under this programme. Since January 1, 2020, this has resulted in a net redemption of 1,488 own shares.

Ackermans & van Haaren currently owns 378,250 own shares, or 1.13% of the total shares outstanding, in the context of covering the obligations of the company under the stock option plan.

Date	Number of acquired shares	Price per share (in euros)	Total amount (in euros)
06/11/2020	600	111.05	66,630.00
09/11/2020	200	112.35	22,470.00
11/11/2020	100	117.10	11,710.00
12/11/2020	400	118.23	47,292.00
13/11/2020	300	117.90	35,370.00

Ackermans & van Haaren is a diversified group operating in 4 core sectors: Marine Engineering & Contracting (DEME, one of the largest dredging companies in the world - CFE, a construction group with headquarters in Belgium), Private Banking (Delen Private Bank, one of the largest independent private asset managers in Belgium, and asset manager JM Finn in the UK - Bank J. Van Breda & C°, niche bank for entrepreneurs and the liberal professions in Belgium), Real Estate & Senior Care (Leasinvest Real Estate, a listed real estate company - Extensa, a major land and real estate developer with a focus on Belgium and Luxembourg) and Energy & Resources (SIPEF, an agroindustrial group in tropical agriculture).

At an economic level, the AvH group represented in 2019 a turnover of 5.6 billion euros and employed 21,522 people through its share in the participations. The group focuses on a limited number of strategic participations with a significant potential for growth. AvH is listed on Euronext Brussels and is included in the BEL20 index, the Private Equity NXT index and the European DJ Stoxx 600 index.

Website

All press releases issued by AvH and its most important group companies as well as the 'Investor Presentation' can also be consulted on the AvH website: www.avh.be. Anyone who is interested to receive the press releases via email has to register to this website.

Financial calendar

November 23, 2020	Interim statement Q3 2020
February 26, 2021	Annual results 2020

Contact

For further information please contact:

Jan Suykens CEO - Chairman executive committe Tel. +32.3.897.92.36

Tom Bamelis CFO - Member executive committe Tel. +32.3.897.92.42

e-mail: dirsec@avh.be