Orange Belgium S.A.

Major Shareholding Notification • May 28, 2020

Final

Name ORANGE BELGIUM Identification number 0456-810-810

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Part II

5

Name	Address (for legal entities)

Transparency notification Form TR-1 BE PART I

1) Status of the notification

2) Issuer

3) Reason for the notification

Name	Address (for legal entities)
Polygon Global Partners LLP	4 Sloane Terrace, London, SW1X 9DQ	-
Reade Eugene Griffith	4 Sloane Terrace, London, SW1X 9DQ	+

5) Persons subject to the notification requirement

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
Reade Eugene Griffith	0	0		0.00%		1
Polygon Global Partners LLP	0	1,060,032	0	1.77%	0.00%	1
Subtotal		1,060,032		1.77%		S
	TOTAL	1,060,032	0	1.77%	0.00%

4) Notification by

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

A parent undertaking or a controlling person

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

10) Notified details

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

9) Denominator

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 .

TOTAL (A & B)			# of voting rights % of voting rights
	CALCULATE	3,032,213	5.05%

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
Polygon Global Partners LLP	Contracts for difference (CFD)			1,972,181	3.29%		+
	TOTAL			1,972,181	3.29%

	Done at London, United Kingdom
On		27/05/2020 (DD/MM/YYYY)
	Name & capacity Sara Cunningham, Head of European Regulatory and Compliance	Signature

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

12) In case of proxy voting for only one GM

The totals will be updated once you have clicked on

Reade Eugene Griffith (natural person) controls Polygon Global Partners LLP

13) Additional information

Name	Adress	Phone number	E-mail	Contact person for legal persons
Polygon Global Partners LLP	4 Sloane Terrace, London, SW1X 9DQ
Reade Eugene Griffith	4 Sloane Terrace, London, SW1X 9DQ

Name	Adress	Phone number	E-mail	Contact person for legal persons
Polygon Global Partners LLP	4 Sloane Terrace, London, SW1X 9DQ	44 207 901 8300	scunningham@tetragoninv.Sara Cunningham
Reade Eugene Griffith	4 Sloane Terrace, London, SW1X 9DQ	44 207 901 8300	scunningham@tetragoninv.Sara Cunningham

Name	Adress	Phone number	E-mail	Contact person for legal persons
Polygon Global Partners LLP	4 Sloane Terrace, London, SW1X 9DQ	44 207 901 8300	scunningham@tetragoninv.Sara Cunningham

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Persons subject to the notification requirement

Transparency notification Form TR-1 BE PART II

Mandatary

Invoicing data