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KBC Groupe NV

Major Shareholding Notification Apr 20, 2018

3968_mrq_2018-04-20_84f9242d-261a-45e9-abe0-de751ff71d63.pdf

Major Shareholding Notification

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Press release Outside trading hours – Regulated information*

Brussels, 20 April 2018, 08 h CEST

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 transparency notifications dd. 16 April 2018 and 17 April 2018, which state that BlackRock Inc. has crossed the reporting threshold of 5% (voting rights, excluding equivalent financial instruments) first upwards and then downwards.

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: BlackRock Inc.
  • Persons subject to the notification requirement: see annex 1
  • Date(s) on which the threshold is crossed: 13 April 2018 and 16 April 2018
  • 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): 418 597 567
  • Notified details: see annex 1
  • 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 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]

Check this document's authenticity at www.kbc.com/en/authenticity .

Follow us on www.twitter.com/kbc_group

Annex 1

Notification dd. 16 April 2018

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 (Netherlands) B.V. 39.119 39.119 0,01%
BlackRock (Singapore) Limited 10.735 10.735 0,00%
BlackRock Advisors (UK) Limited 1.536.017 1.641.113 0,39%
BlackRock Advisors, LLC 326.976 326.857 0,08%
BlackRock Asset Management
Canada Limited
134.435 134.435 0,03%
BlackRock Asset Management
Deutschland AG
1.804.638 1.796.704 0,43%
BlackRock Asset Management North
Asia Limited
18.242 18.424 0,00%
BlackRock Capital Management, Inc. 236 251 0,00%
BlackRock Financial Management,
Inc.
143.553 143.560 0,03%
BlackRock Fund Advisors 4.040.075 4.034.381 0,96%
BlackRock Institutional Trust
Company, National Association
4.196.918 4.196.949 1,00%
BlackRock International Limited 141.575 141.575 0,03%
BlackRock Investment Management
(Australia) Limited
90.561 90.561 0,02%
BlackRock Investment Management
(UK) Limited
7.513.893 7.516.999 1,80%
BlackRock Investment Management,
LLC
564.987 567.040 0,14%
BlackRock Japan Co., Ltd. 332.665 332.735 0,08%
Subtotal 20.894.625 20.991.438 5,01%
TOTAL 20.991.438 0 5,01% 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 Advisors (UK) Limited Securities Lent 89.784 0,02% physical
BlackRock Investment Management
(UK) Limited
Securities Lent 14.059 0,00% physical
BlackRock Advisors (UK) Limited Contract For Difference 1.415 0,00% cash
BlackRock Advisors, LLC Contract For Difference 42.894 0,01% cash
BlackRock Financial Management,
Inc.
Contract For Difference 4.292 0,00% cash
BlackRock Institutional Trust
Company, National Association
Contract For Difference 250.173 0,06% cash
BlackRock International Limited Contract For Difference 1.444 0,00% cash
BlackRock Investment Management
(UK) Limited
Contract For Difference 38.931 0,01% cash
BlackRock Investment Management,
LLC
Contract For Difference 39.926 0,01% cash
BlackRock Investment Management,
LLC
Depository Receipt 1.910 0,00%
TOTAL 484.828 0,12%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 21.476.266 5,13%

Notification dd. 17 April 2018

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 (Netherlands) B.V. 39.119 39.119 0,01%
BlackRock (Singapore) Limited 10.735 10.735 0,00%
BlackRock Advisors (UK) Limited 1.641.113 1.512.530 0,36%
BlackRock Advisors, LLC 326.857 326.764 0,08%
BlackRock Asset Management
Canada Limited
134.435 134.435 0,03%
BlackRock Asset Management
Deutschland AG
1.796.704 1.796.704 0,43%
BlackRock Asset Management North
Asia Limited
18.424 1.853 0,00%
BlackRock Capital Management, Inc. 251 0 0,00%
BlackRock Financial Management,
Inc.
143.560 151.209 0,04%
BlackRock Fund Advisors 4.034.381 4.034.381 0,96%
BlackRock Institutional Trust
Company, National Association
4.196.949 4.206.885 1,00%
BlackRock International Limited 141.575 141.575 0,03%
BlackRock Investment Management
(Australia) Limited
90.561 90.561 0,02%
BlackRock Investment Management
(UK) Limited
7.516.999 7.471.131 1,78%
BlackRock Investment Management,
LLC
567.040 552.195 0,13%
BlackRock Japan Co., Ltd. 332.735 347.890 0,08%
Subtotal 20.991.438 20.817.967 4,97%
TOTAL 20.817.967 0 4,97% 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 Advisors (UK) Limited Securities Lent 218.733 0,05% physical
BlackRock Investment Management
(UK) Limited
Securities Lent 14.059 0,00% physical
BlackRock Advisors (UK) Limited Contract For Difference 1.415 0,00% cash
BlackRock Advisors, LLC Contract For Difference 42.894 0,01% cash
BlackRock Financial Management,
Inc.
Contract For Difference 4.292 0,00% cash
BlackRock Institutional Trust
Company, National Association
Contract For Difference 243.962 0,06% cash
BlackRock International Limited Contract For Difference 1.215 0,00% cash
BlackRock Investment Management
(UK) Limited
Contract For Difference 34.771 0,01% cash
BlackRock Investment Management,
LLC
Contract For Difference 39.926 0,01% cash
BlackRock Institutional Trust
Company, National Association
Depository Receipt 92 0,00%
BlackRock Investment Management,
LLC
Depository Receipt 1.910 0,00%
TOTAL 603.269 0,14%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 21.421.236 5,12%

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