Press release Regulated information February 17th 2025 - 18:30 CET

Transparency notification by Bank of America Corp.

In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by Bank of America Corp. that it has crossed the legal threshold of 3% for the direct voting rights and equivalent financial instruments upwards on February 11 th 2025.

The total holding of direct voting rights and equivalent financial instruments of Bank of America Corp. stands at 3.01%.

Summary of the move:

Date on which the threshold was crossed	Date of notification	Direct voting rights after the transaction	Equivalent financial instruments after the transaction
11 February 2025	12 February 2025	0.37 %	2.64 %	3.01 %

Notification from Bank of America Corp.:

The notification contains the following information:

Date of notification: 12 February 2025
Date on which the threshold is crossed: 11 February 2025
Threshold of direct voting rights and equivalent financial instruments crossed upwards: 3%
Notification by: Bank of America Corp.
Denominator: 246,400,000
Reason for notification: Acquisition or disposal of voting securities or voting rights

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
Bank of America Corporation	0	0		0.00%
Bank of America, NA	21	21		0.00%
BofA Securities, Inc.	3.448	6,548		0.00%
Managed Account Advisors, LLC	77	12		0.00%
Merrill Lynch, Pierce, Fenner & Smith Inc	27	44		0.00%
Merrill Lynch Intemational	884,685	912,933		0.37%
Subtotal	888,258	919,558		0.37%
	TOTAL	919.558	0	0.37%	0.00%

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
Merrill Lynch International	Right to Recall			359,975	0.15%	physical
Merrill Lynch International	Right of Use			85,384	0.04%	physical
Bank of America, NA	Swap	26/05/2026		262,516	0.11%	cash
Bank of America, NA	Swap	31/07/2026		256,838	0.10%	cash
Bank of America, NA	Swap	14/06/2027		340,747	0.14%	cash
Bank of America, NA	Swap	18/02/2025		188,250	0.08%	cash
Bank of America, NA	Swap	02/04/2025		808,000	0.33%	cash
Merrill Lynch International	Swap	26/05/2026		262,516	0.11%	cash
Merrill Lynch International	Swap	29/08/2025		3,835	0.00%	cash
Merrill Lynch International	Swap	25/06/2026		42,187	0.02%	cash
Merrill Lynch International	Swap	16/02/2026		197,155	0.08%	cash
Merrill Lynch International	Swap	31/03/2026		481,703	0.20%	cash
Merrill Lynch International	Swap	15/09/2025		1,576,028	0.84%	cash
Merrill Lynch International	Swap	30/04/2026		34,409	0.01%	cash
Merrill Lynch International	Swap	30/06/2025		20,544	0.01%	cash
Merrill Lynch International	Swap	14/06/2027		340,747	0.14%	cash
Merrill Lynch International	Swap	18/11/2026		207	0.00%	cash
Merrill Lynch International	Swap	12/01/2026		36,613	0.01%	cash
Merrill Lynch International	Swap	28/11/2025		24,089	0.01%	cash
Merrill Lynch International	Swap	21/05/2026		27,649	0.01%	cash
Merrill Lynch International	Swap	30/01/2026		5,455	0.00%	cash
Merrill Lynch International	Swap	02/04/2025		808,000	0.33%	cash
Merrill Lynch International	Swap	18/02/2025		188,250	0.08%	cash
Merrill Lynch International	Swap	18/03/2026		66,316	0.03%	cash
Merrill Lynch International	Swap	07/02/2028		3,403	0.00%	cash
Merrill Lynch International	Swap	27/02/2026		107	0.00%	cash
Merrill Lynch International	Swap	15/04/2025		36,380	0.01%	cash
Merrill Lynch International	Swap	06/03/2026		8,724	0.00%	cash
Merrill Lynch International	Swap	04/06/2027		27,933	0.01%	cash	+
	TOTAL			6,504,070	2.64%
	The totals will be updated once you have clicked on
	TOTAL (A & B)			# of voting rights	% of voting rights

The chain of control has been described at the end of the notification and can be found here.

For more information

Investor Relations

Caroline Kerremans	+32 2 227 72 21	[email protected]
Eva Behaeghe	+32 2 227 70 68	[email protected]

About Umicore

Umicore is a circular materials technology Group. It focuses on application areas where its expertise in materials science, chemistry and metallurgy make a real difference. Its activities are organized in four business groups: Battery Materials, Catalysis, Recycling and Specialty Materials. Each business group is divided into market-focused business units offering materials and solutions that are at the cutting edge of new technological developments and essential to everyday life.

Umicore generates the majority of its revenues from and dedicates most of its R&D efforts to clean mobility materials and recycling. Umicore's overriding goal of sustainable value creation is based on an ambition to develop, produce and recycle materials in a way that fulfils its mission: Materials for a better life.

Umicore's industrial and commercial operations as well as R&D activities are located across the world to best serve its global customer base with around 12,000 employees. The Group generated revenues (excluding metal) of € 1.8 billion (turnover of € 7.4 billion) in the first half year of 2024.

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