Aedifica SA

Major Shareholding Notification • Nov 18, 2025

Transparency notification Form TR-1 BE PART I

1) Status of the notification

Final

2) Issuer

Name AEDIFICA Identification number 0877-248-501

3) Reason for the notification

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

³ +

4) Notification by

A parent undertaking or a controlling person

² +

5) Persons subject to the notification requirement

Name	Address (for legal entities)
The Goldman Sachs Group, Inc	Corporation Truse Center, 1209 Orange Street, Wilmimgton, DE 19801, USA	+

^A +

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

29/10/2025 (DD/MM/YYYY)

8) Threshold that is crossed (in %)

5

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

9) Denominator

47,550,119

Please enter the denominator before filling in the data

10) Notified details

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
The Goldman Sachs Group, Inc.	0	0		0.00%
Goldman Sachs International	51,828	17,806		0.04%
Goldman Sachs Asset Management, L.P.	600,091	600,091		1.26%
Goldman Sachs Asset Management International	43,300	43,300		0.09%
Goldman Sachs Asset Management B.V.	136,385	136,385		0.29%
Subtotal	831,604	797,582		1.68%

TOTAL 797,582 0 1.68% 0.00%

Start with "groups" of holders. Add subtotals with Σ, 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 t	he 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
Goldman Sachs International	Swap	01/08/2035		255,148	0.54%	Cash	-
Goldman Sachs International	Swap	08/06/2026		192,437	0.40%	Cash	-
Goldman Sachs International	Swap	01/08/2035		105,712	0.22%	Cash	-
Goldman Sachs International	Swap	16/01/2029		89,126	0.19%	Cash	-
Goldman Sachs International	Swap	01/08/2035		70,475	0.15%	Cash	-
Goldman Sachs International	Swap	08/06/2026		46,297	0.10%	Cash	-
Goldman Sachs International	Swap	08/12/2025		42,855	0.09%	Cash	-
Goldman Sachs International	Swap	01/08/2035		40,069	0.08%	Cash	-
Goldman Sachs International	Swap	03/05/2027		36,137	0.08%	Cash	-
Goldman Sachs International	Swap	01/08/2035		26,714	0.06%	Cash	-
Goldman Sachs International	Swap	08/12/2025		26,029	0.05%	Cash	-
Goldman Sachs International	Swap	25/09/2026		24,273	0.05%	Cash	-
Goldman Sachs International	Swap	16/07/2035		23,696	0.05%	Cash	-
Goldman Sachs International	Swap	01/07/2030		8,329	0.02%	Cash	-
Goldman Sachs International	Swap	01/07/2030		8,191	0.02%	Cash	-
Goldman Sachs International	Swap	01/07/2030		5,373	0.01%	Cash	-
Goldman Sachs International	Swap	01/07/2030		4,729	0.01%	Cash	-
Goldman Sachs International	Swap	15/04/2026		2,194	0.00%	Cash	-
Goldman Sachs International	Swap	12/06/2028		2,032	0.00%	Cash	-
Goldman Sachs International	Swap	02/12/2025		2,018	0.00%	Cash	١.
Goldman Sachs International	Swap	21/08/2028		1,994	0.00%	Cash	-
Goldman Sachs International	Swap	21/08/2028		1,823	0.00%	Cash	-
Goldman Sachs International	Swap	01/07/2030		1,480	0.00%	Cash
Goldman Sachs International	Swap	01/07/2030		795	0.00%	Cash
Goldman Sachs International	Swap	01/07/2030		689	0.00%	Cash
Goldman Sachs International	Swap	15/04/2026		383	0.00%	Cash	١.
Goldman Sachs International	Swap	01/07/2030		257	0.00%	Cash	+
Goldman Sachs International	Swap	15/04/2026		201	0.00%	Cash
Goldman Sachs International	Swap	01/07/2030		179	0.00%	Cash	١.
Goldman Sachs International	Swap	30/10/2028		174	0.00%	Cash	١.
Goldman Sachs International	Swap	19/10/2026		48	0.00%	Cash
Goldman Sachs International	Swap	08/01/2035		40	0.00%	Cash
Goldman Sachs International	Swap	03/09/2035		13	0.00%	Cash
Goldman Sachs International	Call/Put Option	02/10/2026		58,892	0.12%	Physical
Goldman Sachs International	Call/Put Option	18/09/2026		58,892	0.12%	Physical
		04/09/2026			0.12%	-	+
Goldman Sachs International Goldman Sachs International	Call/Put Option Call/Put Option	25/09/2026		58,892 58,892	0.12%	Physical Physical
Goldman Sachs International					0.12%	-
	Call/Put Option	11/09/2026		58,892		Physical
Goldman Sachs International	Call/Put Option	11/09/2026		30,068	0.06%	Physical
Goldman Sachs International	Call/Put Option	04/09/2026		30,068	0.06%	Physical
Goldman Sachs International	Call/Put Option	25/09/2026		30,068	0.06%	Physical
Goldman Sachs International	Call/Put Option	18/09/2026		30,068	0.06%	Physical
Goldman Sachs International	Call/Put Option	02/10/2026		30,068	0.06%	Physical
Goldman Sachs International	Call/Put Option	25/09/2026		20,045	0.04%	Physical	-
Goldman Sachs International	Call/Put Option	02/10/2026		20,045	0.04%	Physical

Securities Lending	Open	79,668	0.17%	physical	+
Call/Put Option	02/10/2026	7,598	0.02%	physical	-
Call/Put Option	25/09/2026	7,598	0.02%	Physical	-
Call/Put Option	11/09/2026	7,598	0.02%	Physical	-
Call/Put Option	04/09/2026	7,598	0.02%	Physical	-
Call/Put Option	18/09/2026	7,598	0.02%	Physical	-
Call/Put Option	09/12/2025	7,729	0.02%	Cash	-
Call/Put Option	13/11/2025	9,854	0.02%	Cash	-
Call/Put Option	04/09/2026	11,397	0.02%	Physical	-
Call/Put Option	02/10/2026	11,397	0.02%	Physical	-
Call/Put Option	18/09/2026	11,397	0.02%	Physical	-
Call/Put Option	11/09/2026	11,397	0.02%	Physical	-
Call/Put Option	25/09/2026	11,397	0.02%	Physical	-
Call/Put Option	04/09/2026	20,045	0.04%	Physical	-
Call/Put Option	11/09/2026	20,045	0.04%	Physical	-
Call/Put Option	18/09/2026	20,045	0.04%	Physical	-

The totals will be updated once you have clicked on

TOTAL (A & B)			# of voting rights % of voting rights
	CALCULATE	2,554,740	5.37%

TOTAL 1,757,158 3.70%

11) Full chain of controlled undertakings through which the holding is effectively held, if applicable

Please refer to Annexure - Structured Chart

12) In case of proxy voting for only one GM

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

13) Additional information

With reference to the items mentioned in Section 10B:

• "Swaps" mentioned in rows 65 to 97 - these are held by the corresponding entities where Goldman Sachs has a long exposure

• "Call/Put Option" mentioned in rows 98 to 124 – these are call/put options relating to the same shares and forming part of a single transaction. Goldman Sachs International has granted the put options and acquired the call options over 657,582 shares in Aedifica SA.

	Done at Warsaw
On		04/11/2025 (DD/MM/YYYY)
	Name & capacity Andrzej Szyszka, Executive Director		Signature

Signature
	7

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.

Chain of Controlled Undertakings:

• GOLDMAN SACHS INTERNATIONAL IS CONTROLLED BY GOLDMAN SACHS GROUP UK LIMITED WHICH IS CONTROLLED BY GOLDMAN SACHS (UK) L.L.C. WHICH IS CONTROLLED BY THE GOLDMAN SACHS GROUP, INC.
• GOLDMAN SACHS ASSET MANAGEMENT, L.P. IS CONTROLLED BY GSAM HOLDINGS LLC WHICH IS CONTROLLED BY THE GOLDMAN SACHS GROUP, INC.
• GOLDMAN SACHS ASSET MANAGEMENT INTERNATIONAL IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT INTERNATIONAL HOLDINGS LTD WHICH IS CONTROLLED BY GSAMI HOLDINGS II LTD. WHICH IS CONTROLLED BY GSAMI HOLDINGS I LLC WHICH IS CONTROLLED BY GSAM HOLDINGS LLC WHICH IS CONTROLLED BY THE GOLDMAN SACHS GROUP, INC.
• GOLDMAN SACHS ASSET MANAGEMENT B.V. IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT INTERNATIONAL HOLDINGS B.V. WHICH IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT HOLDINGS B.V. WHICH IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT HOLDINGS I B.V. / GOLDMAN SACHS ASSET MANAGEMENT HOLDINGS II B.V. WHICH IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT UK HOLDINGS II LTD WHICH IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT UK HOLDINGS I LTD WHICH IS CONTROLLED BY GOLDMAN SACHS ASSET

Chain of Controlled Undertakings:

• GOLDMAN SACHS INTERNATIONAL IS CONTROLLED BY GOLDMAN SACHS GROUP UK LIMITED WHICH IS CONTROLLED BY GOLDMAN SACHS (UK) L.L.C. WHICH IS CONTROLLED BY THE GOLDMAN SACHS GROUP, INC.
• GOLDMAN SACHS ASSET MANAGEMENT, L.P. IS CONTROLLED BY GSAM HOLDINGS LLC WHICH IS CONTROLLED BY THE GOLDMAN SACHS GROUP, INC.
• GOLDMAN SACHS ASSET MANAGEMENT INTERNATIONAL IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT INTERNATIONAL HOLDINGS LTD WHICH IS CONTROLLED BY GSAMI HOLDINGS II LTD. WHICH IS CONTROLLED BY GSAMI HOLDINGS I LLC WHICH IS CONTROLLED BY GSAM HOLDINGS LLC WHICH IS CONTROLLED BY THE GOLDMAN SACHS GROUP, INC.
• GOLDMAN SACHS ASSET MANAGEMENT B.V. IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT INTERNATIONAL HOLDINGS B.V. WHICH IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT HOLDINGS B.V. WHICH IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT HOLDINGS I B.V. / GOLDMAN SACHS ASSET MANAGEMENT HOLDINGS II B.V. WHICH IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT UK HOLDINGS II LTD WHICH IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT UK HOLDINGS I LTD WHICH IS CONTROLLED BY GOLDMAN SACHS ASSET MANAGEMENT HOLDINGS LLC WHICH IS CONTROLLED BY GSAM HOLDINGS LLC WHICH IS CONTROLLED BY THE GOLDMAN SACHS GROUP, INC.

Note: The above structure chart reflecting the chain of controlled undertakings is based on voting rights only. For the purpose of aggregation and representation, only entities that have more than 50% of the voting shares are regarded as a controlled undertaking under the substantial shareholder disclosure rules. The structure chart comprises only GS entities which are part of the notification.