Fagron N.V.

Major Shareholding Notification • Oct 23, 2018

2) Issuer

1) Status of the notification

	Fins
Name FAGRON Identification number 0890-535-026

3) Reason for the notification

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IAcquisition or disposal of voting securities or voting rights
------------------------------ .

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¥

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4) Notification by

	A parent undertaking or a controlling person
--	----------------------------------------------

5) Persons subject to the notification requirement

Name	Address (for legal entities)
JPMorgan Asset Management Holdings Inc.	[270 Park Avenue, New York, NY10017, USA]

6) Persons that dispose of voting rights (only to be filled in if art. 7 of the Law applies)

ally. Please continue entering the information in part # conversing the persons referred to in Sections 6 and $\ell$

7) Date on which the threshold is crossed

15/10/2018 (DD/MM/YYYY)

8) Threshold that is crossed (in %)

If the holding has fallen below the lowest threshold, you have the option of not entering any numbers in Septime 10 考

9) Denominator

71,843,904

Consequently depending to face filling in the date

10) Notified details

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 sacurities
JPMorgan Asset Management Holdings Inc.				-0.00%	0.00%
JPMorgan Asset Management (UK) Limited	3,724,539	3.455.723		4.81%	$-0.00\%$
Subtotal	3,724,539	3,455,723		4.81%
TOTAL		3.455.723	o	4.81%	$0.00\%$

	TOTAL		40.862	$0.06\%$
- JPMorgan Asset Management AJK) Emited	Right to Recall		40.862	0.06%	physical
Holders of equivalent Goancial instruments	Type of financial instrument	Expiration date $\begin{bmatrix} \text{Exercise 11.1: } \ \text{Exercise 12.1: } \ \text{Exercise 13.1: } \ \text{Note: } \ \text{Exercise 13.1: } \ \text{Exercise 14.1: } \ \text{Exercise 14.1: } \ \text{Exercise 15.1: } \ \text{Exercise 15.1: } \ \text{Exercise 15.1: } \ \text{Exercise 15.1: } \ \text{Exercise 15.1: } \ \text{Exercise 15.1: } \ \text{Exercise 15.1: } \ \text{Exercise 15.1: } \ \text{Exercise 15.1: } \ \text{Exercise 15.1: }$	exercised	acquired if the safe voting rights	Settlement
[9] Equivatent financial instruments		After the transaction

The totals will be updated once you have change on vCALCOLATE.

[TOTAL(A.8.8)]		# of voting rights % of voting rights
CALCULATE Contract Contract Admin .	3.496.585	4.87%

11) Full chain of controlled undertakings through which the holding is effectively held, if applicable

JPMorgan Asset Management Holdings Inc. (100%)
JPMorgan Asset Management International Limited (100%)
JPMorgan Asset Management Holdings (UK) Limited (100%)
JPMorgan Asset Management (UK) Limited (100%)

12) In case of proxy voting for only one GM

Holder	$\sim$	will cease to hold / will hold again.		(DD/MM/YYYY) voting rights as of
13) Additional information
Done at London
On		17/10/2018 (DD/MM/YYYY)
Name & capacity Tung T Le			Signature	ang
	$\sim 10^{-1}$

Relationship of JPMorgan Asset Management Holdings Inc. to subsidiaries involved in the disclosure

Please note that the fiduciary holdings of JPMorgan Asset Management (UK) Limited, is managed on behalf of clients, under the disclosing entity JPMorgan Asset Management Holdings Inc.

The following hierarchy shows the relationship between JPMorgan Asset Management Holdings Inc. and its subsidiary JPMorgan Asset Management (UK) Limited.

JPMorgan Asset Management Holdings Inc. JPMorgan Asset Management International Limited (100%) JPMorgan Asset Management Holdings (UK) Limited (100%) JPMorgan Asset Management (UK) Limited (100%)