Orange Belgium S.A.

Major Shareholding Notification • Nov 6, 2025

Transparency notification Form TR-1 BE PART I

1) Status of the notification

Final

2) Issuer

Name ORANGE BELGIUM Identification number 0456-810-810

3) Reason for the notification

Acquisition or disposal of financial instruments that are treated as voting securities

4) Notification by

A parent undertaking or a controlling person

5) Persons subject to the notification requirement

Name	Address (for legal entities)
TFG Asset Management UK LLP	4 Sloane Terrace, London, SW1X 9DQ
Reade Eugene Griffith	4 Sloane Terrace, London, SW1X 9DQ

6) Persons that dispose of voting rights (only to be filled in if art. 7 of the Law applies)

Name	Address (for legal entities)

Please continue entering the information in part II concerning the persons referred to in Sections 5 and 6

Part II

7) Date on which the threshold is crossed

8) Threshold that is crossed (in %)

If the holding has fallen below the lowest threshold, you have the option of not entering any numbers in Section 10

9) Denominator

67,412,205

Please enter the denominator before filling in the data

10) Notified details

A) Voting rights	Previous notification	After the transaction
	# of voting rights	# of voti	ng rights	% of voti	ing rights
Holders of voting rights		Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
Reade Eugene Griffith	0	0		0.00%
TFG Asset Management UK LLP	2,019,604	2,019,604		3.00%
Subtotal	2,019,604	2,019,604		3.00%
TOTAL		2,019,604	0	3.00%	0.00%

Start with "groups" of holders. Add subtotals with S, and then finish with the persons who are "alone". For groups, start with the ultimate controlling natural person or legal entity. The totals, subtotals and % will be updated once you have clicked on .

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
TFG Asset Management UK LLP	Swap	29/10/2025		47,714	0.07%		-
TFG Asset Management UK LLP	Swap	31/12/2025		339,823	0.50%		-
TFG Asset Management UK LLP	Swap	27/03/2026		257,223	0.38%		-
TFG Asset Management UK LLP	Swap	28/04/2026		30,000	0.04%		-
TFG Asset Management UK LLP	Swap	26/06/2026		500,000	0.74%		-
TFG Asset Management UK LLP	Swap	08/07/2026		1,454,743	2.16%		-
TFG Asset Management UK LLP	Swap	28/08/2026		964,414	1.43%		-
TFG Asset Management UK LLP	Swap	31/08/2026		3,038,835	4.51%		-
TFG Asset Management UK LLP	Swap	29/12/2026		39,724	0.06%		-
TFG Asset Management UK LLP	Swap	27/01/2027		26,228	0.04%		-
TFG Asset Management UK LLP	Swap	24/02/2027		23,651	0.04%		-
TFG Asset Management UK LLP	Swap	25/03/2027		24,448	0.04%		+
	TOTAL			6,746,803	10.01%

The totals will be updated once you have clicked on

Reade Eugene Griffith (natural person) controls TFG Asset Management UK LLP.

TOTAL (A & B)		# of voting rights	% of voting rights
	CALCULATE	8,766,407	13.00%

11	) Full chain o	f controlled	undertakings	through	which the	e holding	is effectively	y held ,	, if applicable
	,

12	) In	case	of	proxy	voting	for only	y one	GM

				(DD/MM/YYYY)
Holder	will cease to hold / will hold again	0	voting rights as of

13) Additional information

This notification relates to a reaching of the 10 per cent threshold in equivalent financial instruments. No threshold has been reached or crossed in relation to (i) voting rights or (ii) the aggregate position in both
voting rights and equivalent financial instruments since the last notification on 30 October 2025.

Done at New York, USA
-----------------------	--

On	31/10/2025 (DD/MM/YYYY)

Name & capacity Nina Scott, Head of European Regulatory & Compliance Signature

For security reasons, the unsigned form in xlsx format should be transmitted to trp.fin@fsma.be. You can do this manually OR if you have MS Outlook at your disposal via the "Save & Send" button.

In addition, a signed copy in PDF format should also be transmitted.