KBC Groupe NV

Major Shareholding Notification • Nov 15, 2021

Press release

Outside trading hours – Regulated information*

Brussels, 15 November 2021, 18h00

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 12 November 2021, which states that The Capital Group Companies, Inc.("CGC") has crossed the reporting threshold of 5% (total voting rights and equivalent financial instruments) upwards, to 5.06%.

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: CGC
• Persons subject to the notification requirement: see annex
• Date(s) on which the threshold is crossed: 11 November 2021.
• Threshold that is crossed: 5% (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): 416 694 558
• 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: IR4U@kbc.com

Viviane Huybrecht, General Manager, Corporate Communication/Spokesperson, KBC Group E-mail: pressofficekbc@kbc.be

* 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:pressofficekbc@kbc.be KBC press releases are available at www.kbc.com or can be obtained by sending an e-mail to pressofficekbc@kbc.be

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Annex

Notification re situation on 11 November 2021

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
CGC	$\mathbf{0}$	0		0.00%
Capital Research and Management Company	$\mathbf{0}$	21,089,856		5.06%
Capital Bank and Trust Company	$\mathbf{0}$	$\Omega$		0.00%
TOTAL		21,089,856	n	5.06%	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
	TOTAL			0	$0.00\%$

TOTAL (A & B)			# of voting rights % of voting rights
	CALCULATE	21,089,856	5.06%