Publication of transparency notification(s) received by KBC Group NV

(art. 14, 1 st section of the Act of 2 May 2007 concerning the disclosure of significant participations)

Summary of the notification(s)

KBC Group NV has received an updated transparency notification on 7 October 2024, which states that BlackRock has a stake of 4.37% in KBC Group (total voting rights and equivalent financial instruments). The reason for the update is a change in the structure of the BlackRock group*.

Content of the notification(s)

The notification(s) contain(s) following information:

Reason for the notification(s): "acquisition or disposal of the control of an undertaking that holds a participating interest in an issuer"
Notification(s) by: BlackRock, Inc.
Persons subject to the notification requirement: see annex
Date(s) on which the threshold is crossed / notification is updated: 1 October 2024.
Threshold that is crossed: KBC Group's Articles of Association set a notification threshold of 3% of the total number of voting rights. In addition, the legal thresholds of 5% or any multiple thereof also apply. The reason for this notification is not the crossing of a threshold, but a change in the structure of the BlackRock group*.
Denominator (number of shares KBC Group NV): 417 305 876
Notified details: see annex.
Chain of controlled undertakings through which the holding is effectively held: See "11: Full chain of controlled undertakings through which the holding is effectively held" in the PDF-file(s) on www.kbc.com (see below).
The relevant notification(s) is (are) available at www.kbc.com > Investor relations > Shareholder information > Shareholder structure.

* As a result of the acquisition of Global Infrastructure Partners there has been a change to BlackRock's group Structure. Upon the close of the transaction BlackRock, Inc. was renamed BlackRock Finance, Inc. and a NewCo became the publicly listed company with the name BlackRock, Inc.

For more information, please contact:

Kurt De Baenst, General Manager, Investor Relations, KBC Group E-mail: [email protected]

Viviane Huybrecht, General Manager, Corporate Communication/Spokesperson, KBC Group E-mail: [email protected]

* This press release contains information provided in compliance with European transparency legislation for listed companies. KBC Group NV is listed at NYSE Brussels.

KBC Group NV Havenlaan 2 – 1080 Brussels Viviane Huybrecht General Manager, Corporate Communication/ Spokesperson Tel. + 32 2 429 85 45

Press Office Tel. +32 2 429 29 15 Ilse De Muyer Tel. +32 2 429 32 88 Pieter Kussé Tel. +32 2 429 85 44 Sofie Spiessens Tel. +32 2 429 29 49 Tomas Meyers E-mail:[email protected]

KBC press releases are available at www.kbc.com or can be obtained by sending an e-mail to [email protected]

Follow us on www.twitter.com/kbc_group

Annex

Notification re situation on 1 October 2024

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 securities
BlackRock, Inc.	0		0		0.00%
BlackRock (Singapore) Limited	75,908		36,886		0.01%
BlackRock Advisors (UK) Limited	3,428,946		3,600,828		0.86%
BlackRock Advisors, LLC	451,405		351,048		0.08%
BlackRock Asset Management Canada Limited	308,356		433,379		0.10%
BlackRock Asset Management Deutschland AG	1,405,921		1,156,401		0.28%
BlackRock Asset Management North Asia Limited	17,633		7,296		0.00%
BlackRock Financial Management, Inc.	304,499		114,420		0.03%
BlackRock Fund Advisors	4,197,058		4,393,352		1.05%
BlackRock Institutional Trust Company, National Association	3,711,725		3,032,934		0.73%
BlackRock International Limited	48,310		718		0.00%
BlackRock Investment Management 146,094 (Australia) Limited		167,703			0.04%
BlackRock Investment Management (UK) Limited	4,713,596		3,349,100		0.80%
BlackRock Investment Management, LLC	776,203	621,274			0.15%
BlackRock Japan Co., Ltd.	413,185		450,505		0.11%
Aperio Group, LLC	145,629		88,757		0.02%
Subtotal	20,144,468		17,804,601		4.27%
TOTAL		17,804,601		0	4.27%	0.00%
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	Settlement
BlackRock Financial Management, Inc. Contract Difference					0.00%	cash
BlackRock Institutional Trust Company, National Association	Contract Difference			327	0.00%	cash
BlackRock (Singapore) Limited	Depositary Receipt			1	0.00%
BlackRock Investment Management (UK) Limited	Depositary Receipt			3,650	0.00%
Aperio Group, LLC	Depositary Receipt			406,663	0.10%

TOTAL (A & B)		# of voting rights % of voting rights
	CALCULATE	18,217,405	4.37%

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3968_mrq_2024-10-10_a3db8540-7cad-4427-bf8f-cf2d260182ee.pdf