Fagron N.V.

Major Shareholding Notification • Nov 18, 2015

FORM TR-1 BE PARTI

1) Status of the notification
	Final
2) Issuer
	Mame FAGRON
Identification nu nber 0890-535-026
3) Reason for the notification
	Acquisition or disposal of voting securities or voting rights
	Downward crossing of the lowest threshold
4) Notification by
	A person that notifies alone		$\left \cdot \right $
5) Persons subject to the notification requirement
	Name (& legal form for legal persons)	Address (for legal persons)
	Consonance Capital Management LP	1370 Avenue of the Americas, 33rd Floor New York, NY 10019	A
	6) Persons that dispose of, voting rights (Only to be filled in if art. 7 of the Law applies)
	Name (\$ legal form for legal persons).	Address (for legal persons)
			X.
	Please continue entering the information in part II concerning the	Click persons referred to in points 5 and 6
7) Date on which the threshold is crossed
	13/11/2015	(DD/MM/YYYY)
8) Threshold that is crossed (in %)
	3
		If the holding has fallen below the lowest threshold, you have the option of not entering any numbers under point 10
9) Denominator
	32,111,827
	Please enter the denominator before filling in the data

g

10) Notified details

(A) Voting rights Holders of voting rights	Previous notification			After the transaction
	# of voting rights	# of voting rights		% of voting rights
		Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
Consonance Capital Management LP	961,391	779,170		2.43%	0.00%
TOTAL		779,170		2.43%	0.00%

$+ 8$

Start with "groups" of holders. Calculate subtotals and then finish with the
persons who are "alone".
The totals, subtotals and % will be updated once you have clicked on
$\frac{1}{2}$

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
	TOTAL		(in relation to all expiration dates)		0.00%

The totals will be updated once you have clicked on

TOTAL (Voting rights & Equivalent financial instruments)		# of voting rights	% of voting rights
	CALCULATE	779,170	2.43%

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

Please describe, or join a diagram in attachment

Consonance Capital Management LP is the manager of the fund that holds the shares, Consonance Capital Master Account LP. Consonance
Capital Management LP is not a controlled entity.

12) In case of proxy voting for only one GM

Holder

will cease to hold / will hold again

voting rights as of

$\circ$

13) Additional information

Holder	Type of financial instrument	Expiration date (DD/MM/YYYY)	Exercise/Conversion period or date	Number	# of voting rights that may be acquired if the instrument is exercised/converted
B) Shares without voting rights
Holder	Number
C) Remarks
	Consonance Capital Management L 5 can exercise the voting rights at its discretion in the absence of specific instructions from the relevant undertaking for collective investment.
Done at
	New York, NY
		(DD/MM/YYYY)
On
	16/11/2015
Name & capacity
	Wendell Fowler, CFO & CCO		Signature