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 a transparency notification on 15 November 2022, which states that FMR LLC has crossed the reporting threshold of 3% (total voting rights and equivalent financial instruments) downwards, to 2.97%.

Content of the notification(s)

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

Reason for the notification(s): acquisition or disposal of voting securities or voting rights
Notification(s) by: FMR LLC
Persons subject to the notification requirement: see annex
Date(s) on which the threshold is crossed: 10 November 2022.
Threshold that is crossed: 3% (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)
Denominator (number of shares KBC Group NV): 416 883 592
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.

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 65 01 Tel. + 32 2 429 29 15 Fax + 32 2 429 81 60 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 10 November 2022

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
FMR LLC	$\mathbf{0}$	$\mathbf{0}$		0.00%
FIAM LLC	794,668	1,004,407		0.24%
Fidelity Institutional Asset Management Trust Company	861,372	881,173		0.21%
FMR Investment Management (UK) Limited	306,739	302,339		0.07%
Strategic Advisers LLC	482,234	497,945		0.12%
Fidelity Management & Research Company LLC	9,633,708	8,623,224		2.07%
Fidelity Management Trust Company	1,142,330	942,447		0.23%
Subtotal	13,221,050	12,251,535		2.94%
TOTAL		12,251,535	0	2.94%	$0.00\%$

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
Fidelity Management & Research Company LLC	Stock Loan			117,000	0.03%	physical
	TOTAL			117,000	0.03%

TOTAL (A & B)		# of voting rights % of voting rights
	CALCULATE	12,368,535	2.97%

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3968_mrq_2022-11-18_5f4a7dcd-4aab-45f5-99b9-f1a3ece91c34.pdf