VGP NV

Declaration of Voting Results & Voting Rights Announcements • May 12, 2020

Press Release Regulated Information Antwerp, 12 May 2020 – 06:00 p.m. CET

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

Transparency notification by Mr Jan Van Geet

VGP NV has received a transparency notification dated 11 May 2020 that by virtue of the introduction of the double voting right by VGP NV on 8 May 2020, that (i) Little Rock SA now holds 28.03% of the voting rights of VGP NV and (ii) Alsgard SA now holds 16.05% of the voting rights of VGP NV

Together, Little Rock SA, Jan Van Geet and Alsgard SA now hold 44.08% of the voting rights of VGP NV. Therefore, their voting rights have crossed the threshold of 40%.

The notification dated 11 May 2020 contains the following information:

• Reason for notification: Passive threshold crossing.
• Notification by: A parent undertaking or a controlling person.
• Persons subject to the notification requirement: Little Rock SA, 25 Boulevard Prince Henri, L-1724 Luxembourg, Luxemburg Jan Van Geet Alsgard SA, 25 Boulevard Prince Henri, L-1724 Luxembourg, Luxemburg
• Date on which the threshold is crossed: 8 May 2020.
• Threshold that is crossed: 40%.
• Denominator: 30,037,687.
• Notified details:

	Previous notification	After the transaction
	Number of voting rights	Number of voting rights	% of voting rights
Little Rock SA	3,964,430	8,420,307	28.03%
Jan Van Geet	0	0	0.00%
Alsgard SA	2,409,914	4,819,828	16.05%
Total	6,374,344	13,240,135	44.08%

• Chain of controlled undertakings through which the holding is effectively held:

Little Rock SA (previously JVG Invest SA) and Alsgard SA are both exclusively controlled by Mr Jan Van Geet.

This notification is made in the context of the introduction of double voting right approved by the extraordinary shareholders' meeting of VGP NV on 8 May 2020.

About VGP

VGP is a leading 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 6.67 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 circa 220 employees today owns and operates assets in 12 European countries directly and through VGP European Logistics and VGP European Logistics 2, both joint ventures with Allianz Real Estate. As of December 2019, the Gross Asset Value of VGP, including the joint ventures at 100%, amounted to €2.77 billion and the company had a Net Asset Value (EPRA NAV) of €741 million. VGP is listed on Euronext Brussels and on the Prague Stock Exchange (ISIN: BE0003878957).