ageas SA/NV — Director's Dealing 2018

Jan 9, 2018

PRESS RELEASE

Brussels, 9 January 2018 – 17:40 (CET)

Ageas and Schroders plc: Transparency notification

In accordance with the rules on financial transparency*, Schroders plc has notified Ageas on 5 January 2018 that, on 4 January 2018, its shareholding stands at 4.81%.

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 Schroders plc – 31 Gresham Street, London EC2V 7QA

Date on which the threshold is crossed 4 January 2018

Threshold that is crossed (in %) 5%

Denominator 209,399,949

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	Not linked to	Linked to	Not linked to
		securities	the securities	securities	the securities
Schroders plc	0
Schroder Investment Management Limited	10,479,759	10,051,136		4.80%
Schroder Investment Management (Hong Kong) Limited	16,542	10,067		0.00%
Schroder Investment Management (North America) Limited	0	10,338		0.00%
Subtotal	10,496,301	10,071,541		4.81%
	TOTAL	10,071,541	0	4.81%	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
	TOTAL			0	0.00%

Total A & B	# of voting rights	% of voting rights
	10,071,541	4.81%

* article 14, paragraph 1 of the law of 2 May 2007 on disclosure of major holdings us provisions.

REGULATED INFORMATION

EURONEXT BRUSSELS

Ticker: AGS ISIN: BE0974264930

MEDIA CONTACT +32 (0)2 557 57 36

INVESTOR RELATIONS +32 (0)2 557 57 33

Ageas

Rue du Marquis 1 1000 Brussels - Belgium www.ageas.com

@AgeasGroup

Chain of controlled undertakings through which the holding is effectively held, if applicable

Schroders plc is not a controlled entity, it is the parent company of Schroder Administration Limited, which itself is the parent company of Schroder International Holdings Limited; which itself is the parent company of Schroder Investment Management (Hong Kong) Limited and Schroder Investment Management Limited, which are discretionary fund managers holding shares on behalf of our clients and can exercise the voting rights for all shares mentioned in Section 10.

Schroder Investment Management (North America) is a subsidiary of Schroder Investment Management Limited; and is a discretionary fund manager holding shares on behalf of our clients and can exercise the voting rights for all shares mentioned in Section 10.

This press release and the notifications received by Ageas are available on the website.

Ageas is a listed international insurance Group with a heritage spanning 190 years. It offers Retail and Business customers Life and Non-Life insurance products designed to suit their specific needs, today and tomorrow. As one of Europe's larger insurance companies, Ageas concentrates its activities in Europe and Asia, which together make up the major part of the global insurance market. It operates successful insurance businesses in Belgium, the UK, Luxembourg, France, Portugal, Turkey, China, Malaysia, India, Thailand, Vietnam, Laos, Cambodia, Singapore, and the Philippines through a combination of wholly owned subsidiaries and long term partnerships with strong financial institutions and key distributors.

Ageas ranks among the market leaders in the countries in which it operates. It represents a staff force of over 40,000 people and reported annual inflows close to EUR 32 billion in 2016 (all figures at 100%).