Deceuninck NV

Major Shareholding Notification • Mar 4, 2021

Press Release | Transparency declaration

Regulated Information - Notification according to the Act of 2 May 2007. Transparency declaration. Thursday 4 March 2021 at 17:45h CET

Hooglede-Gits, Belgium, 4 March 2021 17.45h CET – Deceuninck NV (Euronext: DECB) announces it has received a transparency notification from Lazard Frères Gestion SAS and Lazard Ltd, stating that their combined holdings in Deceuninck have dropped below the 3% threshold.

Content of the notification

Categories of notification	Results of the received form
Reason for notification	Acquisition or disposal of voting securities or voting rights
Notification by	A parent undertaking or a controlling person
Person(s) subject to the notification requirement	- Lazard Frères Gestion SAS - Lazard Ltd
Date on which the threshold is crossed	30/04/2020
Threshold that is crossed	3%
Denominator	136.795.123
Notified details	Previous notification: # voting rights: - Lazard Ltd: 0 - Lazard Frères Gestion SAS: 6.695.000 After the transaction: # voting rights: - Lazard Ltd: 0 - Lazard Frères Gestion SAS: 4.090.718 - Together: 4.090.718 After the transaction: % voting rights: - Lazard Ltd: 0% - Lazard Frères Gestion SAS: 2,99% - Together: 2,99%
Chain of controlled undertakings through which the holding is effectively held, if applicable	Lazard Frères Gestion SAS is controlled by Compagnie Financière Lazard Frères SAS, which is controlled by Lazard Group LLC, which is controlled by Lazard Ltd.

Statutory thresholds

According to the Articles of Association of Deceuninck NV and according to article 18 of the Act of 2 May 2007 regarding the disclosure of important shareholdings, the thresholds for the disclosure of holdings have been established at 3%, subsequently at 5% and each multiple of 5%.

Notifications

Notifications should be transmitted both to Deceuninck NV and to the FSMA. The FSMA requires transmission of the notifications electronically via e-mail to trp.fin@fsma.be. Deceuninck recommends transmitting notifications per e-mail for the attention of ann.bataillie@deceuninck.com.

The abovementioned notifications will be published on the Investors pages of the website of Deceuninck NV (www.deceuninck.com) in the section Deceuninck Financial News and in the sections Deceuninck Transparency Declarations

Financial calendar

27 April 2021 General Assembly 17 August 2021 Half year results 2021

End of press release

About Deceuninck

Founded in 1937, Deceuninck is a top 3 independent manufacturer of PVC and composite profiles for windows and doors. Headquartered in Hooglede-Gits (BE), Deceuninck is organized in 3 geographical segments: Europe, North America and Turkey & Emerging Markets. Deceuninck operates 18 vertically integrated manufacturing facilities, which together with 16 sales and distribution entities guarantee the necessary service and response time to Customers. Deceuninck strongly focuses on innovation, ecology and design. Deceuninck is listed on Euronext Brussels ("DECB").

Contact Deceuninck: Bert Castel • T +32 51 239 204 • bert.castel@deceuninck.com