Orange Belgium S.A.

Major Shareholding Notification • Mar 17, 2023

2) Issuer

1) Status of the notification

	Final
	Name ORANGE BELGIUM
Identification number 0456-810-810

3) Reason for the notification

Acquisition or disposal of voting securities or voting rights
Acquisition or disposal of financial instruments that are treated as voting securities

4) Notification by

	A parent undertaking or a controlling person
--	----------------------------------------------

5) Persons subject to the notification requirement

	Name	Address (for legal entities)
UBS Group AG		Bahnhofstrasse 45, 8001 Zürich

6) Persons that dispose of voting rights (only to be filled in if art. 7 of the Law applies)

7) Date on which the threshold is crossed

8) Threshold that is crossed (in %)

persons referred to in Sections 5 and 6

If the holding has fallen below the lowest threshold, you have the option of not entering any numbers in Section 10

5

9) Denominator

59,944,757 Please enter the denominator before filling in the data

10) Notified details

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	S
UBS Group AG	0	0		0.00%		1
UBS AG	3,340,930	436,167		0.73%		1
Subtotal	3,340,930	436,167		0.73%		S
	TOTAL	436,167	0	0.73%	0.00%

0

0

0

² - ³ +

² +

^A +

Start with "groups" of holders. Add subtotals with Σ, and then finish with the persons who are "alone". For groups, start with the ultimate controlling natural person or legal entity.

The totals, subtotals and % will be updated once you have clicked on .

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
UBS AG	Right to recall lent shares		Anytime	76	0.00%	physical	-
UBS AG	Right to substitute shares delivered as collaterals		Anytime	3,232,941	5.39%	physical	-
UBS AG	Right of use over shares		Anytime	2,600	0.00%	physical	+
	TOTAL			3,235,617	5.40%

The totals will be updated once you have clicked on

TOTAL (A & B)			# of voting rights % of voting rights
	CALCULATE	3,671,784	6.13%

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

Please see full chain of control attached.

12) In case of proxy voting for only one GM

Holder		will cease to hold / will hold again	0	voting rights as of	(DD/MM/YYYY)
13) Additional information
The disclosure obligation arose on 10th March 2023 due to:	- the total indirect holdings of UBS Group AG in voting rights (section 10 A), held directly by controlled undertakings, going below 3% and total indirect holdings of UBS Group AG in equivalent financial instruments (section 10 B), held directly by controlled undertakings, going above 5%.

	Done at Zurich, Switzerland
On		16/03/2023 (DD/MM/YYYY)
Name & capacity Nemanja Pantic	Executive Director Ewa Zajac Authorized Officer	Signature Signature