VGP NV

Major Shareholding Notification • Aug 25, 2020

Press Release Regulated Information Antwerp, 25 August 2020– 07:00 p.m. CET

Disclosure in accordance with the Law of 2 May 2007 - Transparency law

Transparency notification by VGP NV

VGP NV has received a transparency notification dated 24 August 2020 that, by virtue of the conversion of VGP MISV Comm. VA (the "Subsidiary") to a public limited liability company ("Naamloze Vennootschap / Société Anonyme") and the resignation of its statutory manager, Mr Bart Van Malderen, which occurred on 20 August 2020, VGP NV has exclusive control over the Subsidiary. In the framework of this conversion, the Subsidiary changed its name to VGP Belgium.

Through VGP Belgium NV, VGP NV now holds 3.09% of the voting rights of VGP NV, thereby exceeding the statutory threshold of 3%.

The notification dated 24 August 2020 contains the following information:

• Reason for notification: Acquisition or transfer of control of a company holding a participation in an issuer
• Notification by: A parent undertaking or a controlling person.
• Persons subject to the notification requirement: VGP Belgium NV, Uitbreidingstraat 72, bus 7, 2600 Antwerpen VGP NV, Uitbreidingstraat 72, bus 7, 2600 Antwerpen
• Date on which the threshold is crossed: 20 August 2020.
• Threshold that is crossed: 3%.
• Denominator: 30,037,687
• Notified details:

	Previous notification	After the transaction
	Number of voting rights	Number of voting rights	% of voting rights
VGP NV	0	0	0.00%
VGP Belgium NV	929,153	929,153	3.09%
Total	929,153	929,153	3.09%

• Chain of controlled undertakings through which the holding is effectively held: VGP Belgium NV is controlled exclusively by VGP NV.

ABOUT VGP

VGP is a leading pan-European developer, manager and owner of high-quality logistics and semi-industrial real estate. VGP operates a fully integrated business model with capabilities and longstanding expertise across the value chain. The company has a development land bank (owned or committed) of 6.89 million m² and the strategic focus is on the development of business parks. Founded in 1998 as a family-owned real estate developer in the Czech Republic, VGP with a staff of over 230 employees today owns and operates assets in 12 European countries directly and through three joint ventures with Allianz Real Estate (VGP European Logistics, VGP European Logistics 2 and VGP Park München). As of June 2020, the Gross Asset Value of VGP, including the joint ventures at 100%, amounted to €3.23 billion and the company had a Net Asset Value (EPRA NAV) of €1,079 million. VGP is listed on Euronext Brussels and on the Prague Stock Exchange (ISIN: BE0003878957).