Vastned Belgium NV

Major Shareholding Notification • Jan 9, 2025

Press release Regulated information

Antwerp (BE), 9 January 2025 – 06:00 pm CET

Disclosure of transparency notifications (article 14, first paragraph, of the Law of 2 May 2007)

1. Notification by Van Herk Investments B.V.

1.1 Summary of the notification

Vastned NV has received a transparency notification dated 6 January 2025, which indicates that Van Herk Investments B.V., as a result of the acquisition of shares following the completion of the reverse cross-border legal merger in which Vastned Retail N.V. was merged with and into Vastned NV on 1 January 2025 at 00.00 CET, now holds 20.67% of the voting rights of Vastned NV. Van Herk Investments B.V. has thus exceeded the 20% shareholding threshold.

1.2 Content of the notification

The notification, dated 6 January 2025, contains the following information:

Reason for the notification	Passive crossing of a threshold
Reason for the notification	Passive crossing of a threshold
Notification by	A parent undertaking or a controlling person
Persons subject to the notification requirement	- Adrianus Van Herk - Van Herk Investments B.V., Lichtenauerlaan 30, 3062ME Rotterdam
Date on which the threshold is crossed	2 January 2025
Threshold that is crossed	20%
Denominator	19,469,032
Notified details	Van Herk Investments B.V. Previous notification: # of voting rights: 0 After the transaction: # of voting rights: 4,024,141 After the transaction: % of voting rights: 20.67%
Full chain of controlled undertakings through which the holding is effectively held	Van Herk Investments B.V. is controlled by Adrianus Van Herk within the meaning of articles 5 and 7 of the Belgian companies code

Regulated information Antwerp (BE), 9 January 2025 – 06:00 pm CET

2. Notification by Wassenaar OG B.V.

2.1 Summary of the notification

Vastned NV has received a transparency notification dated 7 January 2025, which indicates that Wassenaar OG B.V., as a result of the acquisition of shares following the completion of the reverse cross-border legal merger in which Vastned Retail N.V. was merged with and into Vastned NV on 1 January 2025 at 00.00 CET, now holds 8.73% of the voting rights of Vastned NV. Wassenaar OG B.V. has thus exceeded the 5% shareholding threshold.

2.2 Content of the notification

The notification, dated 7 January 2025, contains the following information:

Reason for the notification	Passive crossing of a threshold
Reason for the notification	Acquisition or disposal of voting securities or voting rights
Notification by	A parent undertaking or a controlling person
Persons subject to the notification requirement	- Johan Bernard (Bert) Meulman - Wassenaar OG B.V., Rijksstraatweg 675, 2245CB, Wassenaar
Date on which the threshold is crossed	2 January 2025
Threshold that is crossed	5%
Denominator	19,469,032
Notified details	Wassenaar OG B.V. Previous notification: # of voting rights: 0 After the transaction: # of voting rights: 1,699,201 After the transaction: % of voting rights: 8.73%
Full chain of controlled undertakings through which the holding is effectively held	Wassenaar OG B.V. is held 100% by Johan Bernard (Bert) Meulman
Additional information	Wassenaar OG has crossed the threshold of 5% following a reverse cross-border legal merger on 1st January 2025 (see press release of Vastned). As Mr. Meulman holds 100% of the shares of Wassenaar OG, it indirectly acquired a substantial voting rights interest in Vastned NV (fka Vastned Belgium NV) following the merger of Vastned Belgium NV and Vastned Retail N.V.

Regulated information Antwerp (BE), 9 January 2025 – 06:00 pm CET

3. Notification by BlackRock Inc.

3.1 Summary of the notification

Vastned NV has received a transparency notification dated 7 January 2025, which indicates that BlackRock Inc., as a result of the acquisition of shares following the completion of the reverse cross-border legal merger in which Vastned Retail N.V. was merged with and into Vastned NV on 1 January 2025 at 00.00 CET, now holds 3.39% of the voting rights of Vastned NV. BlackRock Inc. has thus exceeded the 3% shareholding threshold.

3.2 Content of the notification

The notification, dated 7 January 2025, contains the following information:

Categories of notification	Results of the received form
Reason for the notification	Acquisition or disposal of voting securities or voting rights
Notification by	A parent undertaking or a controlling person
Persons subject to the notification requirement	- BlackRock, Inc., 50 Hudson Yards, New York, NY, 10001, U.S.A. - BlackRock Advisors (UK) Limited, 12 Throgmorton Avenue, London, EC2N 2DL, U.K. - BlackRock Advisors, LLC, 50 Hudson Yards, New York, NY, 10001, U.S.A. - BlackRock Asset Management Canada Limited, 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada - BlackRock Fund Advisors, 400 Howard Street, San Francisco, CA, 94105, U.S.A. - BlackRock Institutional Trust Company, National Association, 400 Howard Street, San Francisco, CA, 94105, U.S.A. - BlackRock Investment Management (Australia) Limited, Level 37 Chifley Tower, 2 Chifley Square, Sydney NSW 2000, Australia - BlackRock Investment Management (UK) Limited, 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
Date on which the threshold is crossed	2 January 2025
Threshold that is crossed	3%
Denominator	19,469,032
Notified details	A) VOTING RIGHTS
	BlackRock, Inc. Previous notification: # of voting rights: 0 After the transaction: # of voting rights: 0 After the transaction: % of voting rights: 0.00%
	BlackRock Advisors (UK) Limited Previous notification: # of voting rights: 0 After the transaction: # of voting rights: 166,900 After the transaction: % of voting rights: 1.28%
	BlackRock Advisors, LLC Previous notification: # of voting rights: 0 After the transaction: # of voting rights: 1,335 After the transaction: % of voting rights: 0.01%

Regulated information Antwerp (BE), 9 January 2025 – 06:00 pm CET

BlackRock Asset Management Canada Limited Previous notification: # of voting rights: 0

After the transaction: # of voting rights: 19,532 After the transaction: % of voting rights: 0.15%

BlackRock Fund Advisors

Previous notification: # of voting rights: 0 After the transaction: # of voting rights: 194,192 After the transaction: % of voting rights: 1.49%

BlackRock Institutional Trust Company, National Association

Previous notification: # of voting rights: 0 After the transaction: # of voting rights: 147,902 After the transaction: % of voting rights: 1.13%

BlackRock Investment Management (Australia) Limited Previous notification: # of voting rights: 0 After the transaction: # of voting rights: 4,525 After the transaction: % of voting rights: 0.03%

BlackRock Investment Management (UK) Limited

Previous notification: # of voting rights: 0 After the transaction: # of voting rights: 86,806 After the transaction: % of voting rights: 0.66%

Total voting rights

After the transaction: # of voting rights: 621,193 After the transaction: % of voting rights: 3.19%

B) EQUIVALENT FINANCIAL INSTRUMENTS

BlackRock Advisors (UK) Limited

• Type of financial instrument: Securities Lent
• After the transaction: # of voting rights that may be acquired if the instrument is exercised: 12,693
• After the transaction: % of voting rights: 0.10%

BlackRock Fund Advisors

• Type of financial instrument: Securities Lent
• After the transaction: # of voting rights that may be acquired if the instrument is exercised: 21,410
• After the transaction: % of voting rights: 0.16%

BlackRock Institutional Trust Company, National Association

• Type of financial instrument: Securities Lent
• After the transaction: # of voting rights that may be acquired if the instrument is exercised: 5,594
• After the transaction: % of voting rights: 0.04%

Total equivalent financial instruments

After the transaction: # of voting rights: 39,697 After the transaction: % of voting rights: 0.20%

TOTAL (A & B)

After the transaction: # of voting rights: 660,890 After the transaction: % of voting rights: 3.39%

Regulated information Antwerp (BE), 9 January 2025 – 06:00 pm CET

Full chain of controlled undertakings through which the holding is effectively held	BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe Limited BlackRock Investment Management (UK) Limited
	BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Australia Holdco Pty. Ltd. BlackRock Investment Management (Australia) Limited
	BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Holdco 4, LLC BlackRock Holdco 6, LLC BlackRock Delaware Holdings Inc. BlackRock Institutional Trust Company, National Association
	BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Holdco 4, LLC BlackRock Holdco 6, LLC BlackRock Delaware Holdings Inc. BlackRock Fund Advisors
	BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BlackRock Canada Holdings ULC BlackRock Asset Management Canada Limited
	BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Capital Holdings, Inc. BlackRock Advisors, LLC

Regulated information Antwerp (BE), 9 January 2025 – 06:00 pm CET

	BlackRock, Inc. BlackRock Finance, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe Limited BlackRock Advisors (UK) Limited
Additional information	The disclosure obligation arose due to total holdings in voting rights for BlackRock, Inc. going above 3%. Additionally, voting rights attached to shares for BlackRock, Inc. went above 3%.

Regulated information Antwerp (BE), 9 January 2025 – 06:00 pm CET

4. Notification by ICAMAP Real Estate Securities Fund, S.A. SICAV-RAIF

4.1 Summary of the notification

Vastned NV has received a transparency notification dated 7 January 2025, which indicates that ICAMAP Real Estate Securities Fund, S.A. SICAV-RAIF, as a result of the acquisition of shares following the completion of the reverse crossborder legal merger in which Vastned Retail N.V. was merged with and into Vastned NV on 1 January 2025 at 00.00 CET, now holds 3.31% of the voting rights of Vastned NV. ICAMAP Real Estate Securities Fund, S.A. SICAV-RAIF has thus exceeded the 3% shareholding threshold.

4.2 Content of the notification

The notification, dated 7 January 2025, contains the following information:

Categories of notification	Results of the received form
Reason for the notification	Passive crossing of a threshold
Notification by	A person who notifies alone
Persons subject to the notification requirement	ICAMAP Real Estate Securities Fund, S.A. SICAV-RAIF
Date on which the threshold is crossed	2 January 2025
Threshold that is crossed	3%
Denominator	19,469,032
Notified details	ICAMAP Real Estate Securities Fund, S.A. SICAV - RAIF Previous notification: # of voting rights: 0 After the transaction: # of voting rights: 645,096 After the transaction: % of voting rights: 3.31%
Full chain of controlled undertakings through which the holding is effectively held	ICAMAP Real Estate Securities is not a controlled entity
Additional information	The issuer is VASTNED with identification number 0431-391-860

Press release Regulated information

Antwerp (BE), 9 January 2025 – 06:00 pm CET

5. Notification by J.G.H.M. Niessen and Mont Cervin S.à r.l.

5.1 Summary of the notification

Vastned NV has received a transparency notification dated 6 January 2025, which indicates that J.G.H.M. Niessen and Mont Cervin S.à r.l., as a result of the acquisition of shares following the completion of the reverse cross-border legal merger in which Vastned Retail N.V. was merged with and into Vastned NV on 1 January 2025 at 00.00 CET, now hold 7.22% of the voting rights of Vastned NV. J.G.H.M. Niessen and Mont Cervin S.à r.l. have thus exceeded the 5% shareholding threshold.

5.2 Content of the notification

The notification, dated 6 January 2025, contains the following information:

Categories of notification	Results of the received form
Reason for the notification	Acquisition or disposal of voting securities or voting rights
Notification by	A parent undertaking or a controlling person
Persons subject to the notification requirement	- Joannes G.H.M. Niessen - Mont Cervin S.à r.l., 21 rue Philippe II, L-2340 Luxembourg, Luxembourg
Date on which the threshold is crossed	2 January 2025
Threshold that is crossed	5%
Denominator	19,469,032
Notified details	Joannes G.H.M. Niessen Previous notification: # of voting rights: 0 After the transaction: # of voting rights: 1,242,884 After the transaction: % of voting rights: 6.38%
	Mont Cervin S.à r.l. Previous notification: # of voting rights: 0 After the transaction: # of voting rights: 161,990 After the transaction: % of voting rights: 0.83%
	Total After the transaction: # of voting rights: 1,404,874 After the transaction: % of voting rights: 7.22%
Additional information	J.G.H.M. Niessen owns 100% of Mont Cervin S.à r.l.

Regulated information Antwerp (BE), 9 January 2025 – 06:00 pm CET

6. Notification by J.G. de Jonge

6.1 Summary of the notification

Vastned NV has received a transparency notification dated 9 January 2025, which indicates that J.G. de Jonge, as a result of the acquisition of shares following the completion of the reverse cross-border legal merger in which Vastned Retail N.V. was merged with and into Vastned NV on 1 January 2025 at 00.00 CET, now holds less than 3% of the voting rights of Vastned NV. J.G. de Jonge has thus crossed the lowest threshold (downward).

6.2 Content of the notification

The notification, dated 9 January 2025, contains the following information:

Categories of notification	Results of the received form
Reason for the notification	Downward crossing of the lowest threshold
Notification by	A person that notifies alone
Persons subject to the notification requirement	J.G. de Jonge
Date on which the threshold is crossed	2 January 2025
Threshold that is crossed	3%
Denominator	19,469,032

For more information:

Vastned Chief Executive Officer Sven Bosman sven.bosman@vastned.be +32 3 361 05 90

Chief Financial Officer Barbara Gheysen barbara.gheysen@vastned.be +32 3 361 05 90

About the Vastned group: The Vastned group comprises a Belgian public regulated real estate company (Euronext Brussels and Euronext Amsterdam: VASTB) and its (direct and indirect) subsidiaries in Belgium, the Netherlands, France and Spain. The Vastned group focuses on the best property in the popular shopping areas of selected European cities with a historic city centre where shopping, living, working and leisure meet. The Vastned group's property clusters have a strong tenant mix of international and national retailers, food & beverage entrepreneurs, residential tenants, and office tenants.