VGP NV

Declaration of Voting Results & Voting Rights Announcements • May 4, 2020

Press Release Regulated Information Antwerp, 4 May 2020– 06:00 p.m. CET

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

Transparency notification by Mr Bart Van Malderen

VGP NV has received a transparency notification dated 4 May 2020 that by virtue of the new shares issued by VGP NV following the capital increase which occurred on 23 April 2020, VGP MISV Comm. VA now holds 4.51% of the voting rights of VGP NV.

Together, VM Invest NV, Bart Van Malderen and VGP MISV Comm. VA now hold 24.67% of the voting rights of VGP NV. Therefore, their voting rights have fallen below the threshold of 25%.

The notification dated 4 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: VM Invest NV, Spinnerijstraat 12, 9240 Zele Bart Van Malderen VGP MISV Comm. VA, Spinnerijstraat 12, 9240 Zele
• Date on which the threshold is crossed: 23 April 2020.
• Threshold that is crossed: 25%.
• Denominator: 20,583,050.
• Notified details:

	Previous notification	After the transaction
	Number of voting rights	Number of voting rights	% of voting rights
VM Invest NV	4,215,671	4,149,171	20.16%
Bart Van Malderen	0	0	0.00%
VGP MISV Comm. VA	929,153	929,153	4.51%
Total	5,144,824	5,078,324	24,67%

• Chain of controlled undertakings through which the holding is effectively held: VM Invest NV is controlled exclusively by Mr Bart Van Malderen. As statutory manager of VGP MISV Comm. VA, Mr Bart Van Malderen also has exclusive control over VGP MISV Comm. VA.

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).