Belysse Group NV

Major Shareholding Notification • Oct 21, 2022

PRESS RELEASE

Waregem, 21 October 2022, 17:40 p.m. CET Regulated information For immediate publication

Publication of a Transparency Notification

DISCLOSURE MADE PURSUANT TO THE LAW OF 2 MAY 2007 ON THE DISCLOSURE OF SIGNIFICANT SHAREHOLDINGS

Balta Group NV, listed on Euronext Brussels (the "Company"), has received a transparency notification dated 19 October 2022. This transparency notification indicates that on 13 October 2022 the total indirect holdings of UBS Group AG in voting rights of the Company, held directly by controlled undertakings, fell below the threshold of 5%.

The aforesaid notification dated 19 October 2022 contains the following information:

Reason for the notification:

• o Acquisition or disposal of financial instruments that are treated as voting securities
• o Downward crossing of the lowest threshold
• Notification by: A parent undertaking or a controlling person
• Persons subject to the notification requirement: UBS Group AG, Bahnhofstrasse 45, Zürich, Switzerland
• Transaction date: 13 October 2022
• Threshold that is crossed (in %): 5%

• Denominator: 35,943,396

• Notified details: The holding has fallen below the lowest threshold and therefore no numbers are entered in Section 10 of the notification form.

• Chain of controlled undertakings through which the holding is effectively held:

UBS Group AG, Bahnhofstrasse 45, Zürich, Switzerland indirectly through its subsidiaries:

UBS AG, Bahnhofstrasse 45, Zürich and Aeschenvorstadt 1, Basel, Switzerland

Additional information: The disclosure obligation arose due to the total indirect holdings of UBS Group AG in voting rights of Balta Group SA, held directly by controlled undertakings falling below 5% on 13 October 2022. This was caused by a reduction in the Trading Book holdings of the aforementioned entities below 5% and therefore being exempt from reporting.

BALTA GROUP NV/ FranklinRooseveltlaan 172-174 8790 Waregem 01

Miscellaneous

This press release may be consulted on the website of the Company via the link www.belysse.com/investors.

FOR FURTHER INFORMATION, PLEASE CONTACT

Margo Desmedt Communications Manager investor.relations@belysse.com www.belysse.com

ABOUT BELYSSE

Following the completion of the divestment of its Rugs, Residential polypropylene and Non-Woven businesses to Victoria PLC in April 2022, Belysse (formerly known and currently still listed on Euronext as BALTA) manufactures sustainable textile floor coverings for commercial and residential applications and commercializes its products focusing 90% on North-America and Europe under the premium brands Bentley (US), modulyss, arc edition and ITC (Europe). Belysse employs nearly 1300 people and operates three manufacturing sites in Belgium (Tielt and Zele) and the United States (Los Angeles).