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ageas SA/NV

Major Shareholding Notification Oct 2, 2018

3905_mrq_2018-10-02_2ef81d55-71e8-4625-bf23-988b8daa13f6.pdf

Major Shareholding Notification

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PRESS RELEASE

Brussels, 2 Octobre 2018 – 17:40 (CET)

Ageas and BlackRock: Transparency notification

In accordance with the rules on financial transparency*, Blackrock has notified Ageas on 28 September 2018 that, on 27 September 2018, its shareholding stands at 5.07%.

Netherlands

Australia

Road, Central, Hong Kong

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. 55 East 52nd Street, New York, NY, 10055, U.S.A. BlackRock (Netherlands) B.V. Rembrandt Tower, 17th floor, Amstelplein, Amsterdam,

BlackRock (Singapore) Limited 20 Anson Road #18-01, Singapore, 79912, Singapore BlackRock Advisors (UK) Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K. BlackRock Advisors, LLC 100 Bellevue Parkway, Wilmington, DE, 19809, U.S.A. BlackRock Asset Management Canada Limited 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada BlackRock Asset Management Deutschland AG Max-Joseph-Straße 6, Munich, 80333, Germany BlackRock Asset Management North Asia Limited 15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3 Garden

BlackRock Capital Management, Inc. 100 Bellevue Parkway, Wilmington, 19809, U.S.A. BlackRock Financial Management, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A. 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 International Limited Exchange Place One, 1 Semple Street, Edinburgh, EH3 8BL, U.K. BlackRock Investment Management (Australia) Limited Level 37, Chifley Tower, 2 Chifley Square, Sydney NSW 2000

BlackRock Investment Management (UK) Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K. BlackRock Investment Management, LLC 1 University Square Drive, Princeton, NJ, 8540, U.S.A.

Date on which the threshold is crossed 27 September 2018

Threshold that is crossed (in %) 5 %

Denominator 203,022,199

* 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

Notified details

A) Voting rights Previous notification After the transaction
# of voting rights # of voting rights % of voting rights
Linked to Not linked to Linked to Not linked to
Holders of voting rights securities the securities securities the securities
BlackRock, Inc. 0 0 0.00%
BlackRock (Netherlands) B.V. 28,760 28,760 0.01%
BlackRock (Singapore) Limited 12,814 12,814 0.01%
BlackRock Advisors (UK) Limited 1,616,639 1,725,244 0.85%
BlackRock Advisors, LLC 193,740 193,702 0.10%
BlackRock Asset Management Canada Limited 134,759 134,759 0.07%
BlackRock Asset Management Deutschland AG 408,145 408,145 0.20%
BlackRock Asset Management North Asia Limited 33,864 34,171 0.02%
BlackRock Capital Management, Inc. 456 467 0.00%
BlackRock Financial Management, Inc. 115,914 122,441 0.06%
BlackRock Fund Advisors 2,958,829 2,960,414 1.46%
BlackRock Institutional Trust Company, National Association 2,808,745 2,803,977 1.38%
BlackRock International Limited 13,628 13,628 0.01%
BlackRock Investment Management (Australia) Limited 57,979 57,979 0.03%
BlackRock Investment Management (UK) Limited 505,997 509,917 0.25%
BlackRock Investment Management, LLC 336,738 326,957 0.16%
BlackRock Japan Co., Ltd. 273,389 323,629 0.16%
9,500,396 9,657,004 4.76%
TOTAL 9,657,004
0
4.76% 0.00%
B) Equivalent
financial
instruments
After the transaction
Holders of
equivalent
financial
instruments
Type of financial
instrument
Expiration
date
or date Exercise period # of voting
rights that may
be acquired if
the instrument
is exercised
% of voting rights Settlement
BlackRock Securities Lent 298,867 0.15% physical
Advisors
(UK)
Limited
BlackRock
Investment
Management
(UK) Limited
Securities Lent 128,676 0.06% physical
BlackRock
Advisors
(UK)
Limited
Contract
Difference
For 5,074 0.00% cash
BlackRock
Advisors, LLC
Contract
Difference
For 8,857 0.00% cash
BlackRock
Institutional Trust
Company,
National
Association
Contract
Difference
For 24,506 0.01% cash
BlackRock
Investment
Management
(UK) Limited
Contract
Difference
For 9,577 0.00% cash
BlackRock
Investment
Management,
LLC
Contract
Difference
For 152,554 0.08% cash
TOTAL 628,111 0.31%
Total A & B # of voting rights % of voting rights
10,285,115 5.07%

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

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock (Singapore) Holdco Pte. Ltd. BlackRock HK Holdco Limited BlackRock Lux Finco S.a.r.l. BlackRock Trident Holding Company Limited BlackRock Japan Holdings GK BlackRock Japan Co., Ltd.

BlackRock, Inc. Trident Merger, LLC BlackRock Investment Management, LLC

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Group Limited BlackRock Investment Management (UK) Limited

BlackRock, 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 Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Group Limited BlackRock International Limited

BlackRock, 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 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 Holdco 2, Inc. BlackRock Financial Management, Inc.

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Capital Holdings, Inc. BlackRock Advisors, LLC BlackRock Capital Management, Inc.

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock (Singapore) Holdco Pte. Ltd. BlackRock HK Holdco Limited BlackRock Asset Management North Asia Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Group Limited BlackRock Investment Management (UK) Limited BlackRock Asset Management Deutschland AG

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Holdco 3, LLC BlackRock Canada Holdings LP BlackRock Canada Holdings ULC BlackRock Asset Management Canada Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Capital Holdings, Inc. BlackRock Advisors, LLC

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Group Limited

BlackRock Advisors (UK) Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock (Singapore) Holdco Pte. Ltd. BlackRock (Singapore) Limited

Additional information

The disclosure obligation arose due to total holding in voting rights for BlackRock, Inc. going above 5%.

In accordance with the rules on financial transparency*, Blackrock has notified Ageas on 27 September 2018 that, on 26 September 2018, its shareholding stands at 4.99%.

Reason for the notification

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

Notification by

A parent undertaking or a controlling person

Persons subject to the notification requirement

BlackRock, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock (Netherlands) B.V. Rembrandt Tower, 17th floor, Amstelplein, Amsterdam,
Netherlands
BlackRock (Singapore) Limited 20 Anson Road #18-01, Singapore, 79912, Singapore
BlackRock Advisors (UK) Limited 12 Throgmorton Avenue, London, EC2N 2DL, U.K.
BlackRock Advisors, LLC 100 Bellevue Parkway, Wilmington, DE, 19809, U.S.A.
BlackRock Asset Management Canada Limited 161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada
BlackRock Asset Management Deutschland AG Max-Joseph-Straße 6, Munich, 80333, Germany
BlackRock Asset Management North Asia Limited 15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3 Garden
Road, Central, Hong Kong
BlackRock Capital Management, Inc. 100 Bellevue Parkway, Wilmington, 19809, U.S.A.
BlackRock Financial Management, Inc. 55 East 52nd Street, New York, NY, 10055, U.S.A.
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 International Limited Exchange Place One, 1 Semple Street, Edinburgh, EH3 8BL, U.K.
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.
BlackRock Investment Management, LLC 1 University Square Drive, Princeton, NJ, 8540, U.S.A.

Date on which the threshold is crossed 26 September 2018

Threshold that is crossed (in %) 5 %

Denominator

203,022,199

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

A) Voting rights Previous notification After the transaction
# of voting rights # of voting rights % of voting rights
Linked to Not linked to Linked to Not linked to
Holders of voting rights securities the securities securities the securities
BlackRock, Inc.
BlackRock (Netherlands) B.V.
BlackRock (Singapore) Limited
BlackRock Advisors (UK) Limited
BlackRock Advisors, LLC
BlackRock Asset Management Canada Limited
BlackRock Asset Management Deutschland AG
BlackRock Asset Management North Asia Limited
BlackRock Capital Management, Inc.
BlackRock Financial Management, Inc.
BlackRock Fund Advisors
BlackRock Institutional Trust Company, National Association
BlackRock International Limited
BlackRock Investment Management (Australia) Limited
BlackRock Investment Management (UK) Limited
BlackRock Investment Management, LLC
BlackRock Japan Co., Ltd.
0
28,760
12,814
1,634,058
203,604
134,910
425,757
36,152
436
70,414
2,970,663
2,897,327
15,038
59,166
767,053
346,436
269,301
0
28,760
12,814
1,616,639
193,740
134,759
408,145
33,864
456
115,914
2,958,829
2,808,745
13,628
57,979
505,997
336,738
273,389
0.00%
0.01%
0.01%
0.80%
0.10%
0.07%
0.20%
0.02%
0.00%
0.06%
1.46%
1.38%
0.01%
0.03%
0.25%
0.17%
0.13%
BlackRock Life Limited 2,599 0 0.00%
9,874,488 9,500,396 4.68%
TOTAL 9,500,396 0 4.68% 0.00%
B) Equivalent
financial
instruments
After the transaction
Holders of
equivalent
financial
instruments
Type of financial
instrument
date Expiration Exercise period
or date
# of voting
rights that may
be acquired if
the instrument
is exercised
% of voting rights Settlement
BlackRock
Advisors
(UK)
Limited
Securities Lent 279,509 0.14% physical
BlackRock
Investment
Management
(UK) Limited
Securities Lent 128,676 0.06% physical
BlackRock
Advisors
(UK)
Limited
Contract
Difference
For 5,074 0.00% cash
BlackRock
Advisors, LLC
Contract
Difference
For 8,857 0.00% cash
BlackRock
Institutional Trust
Company,
National
Association
Contract
Difference
For 37,170 0.02% cash
BlackRock
Investment
Management
(UK) Limited
Contract
Difference
For 16,545 0.01% cash
BlackRock
Investment
Management,
LLC
Contract
Difference
For 152,554 0.08% cash
TOTAL 628,385 0.31%
Total A & B
# of voting rights
% of voting rights
10,128,781 4.99%

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

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock (Singapore) Holdco Pte. Ltd. BlackRock HK Holdco Limited BlackRock Lux Finco S.a.r.l. BlackRock Trident Holding Company Limited BlackRock Japan Holdings GK BlackRock Japan Co., Ltd.

BlackRock, Inc. Trident Merger, LLC BlackRock Investment Management, LLC

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Group Limited BlackRock Investment Management (UK) Limited

BlackRock, 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 Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Group Limited BlackRock International Limited

BlackRock, 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 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 Holdco 2, Inc. BlackRock Financial Management, Inc.

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Capital Holdings, Inc. BlackRock Advisors, LLC BlackRock Capital Management, Inc.

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock (Singapore) Holdco Pte. Ltd. BlackRock HK Holdco Limited BlackRock Asset Management North Asia Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Group Limited BlackRock Investment Management (UK) Limited BlackRock Asset Management Deutschland AG

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Holdco 3, LLC BlackRock Canada Holdings LP BlackRock Canada Holdings ULC BlackRock Asset Management Canada Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock Capital Holdings, Inc. BlackRock Advisors, LLC

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Group Limited

BlackRock Advisors (UK) Limited

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock (Singapore) Holdco Pte. Ltd. BlackRock (Singapore) Limited

Additional information

The disclosure obligation arose due to total holding in voting rights for BlackRock, Inc. going below 5%.

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 50,000 people and reported annual inflows close to EUR 34 billion in 2017 (all figures at 100%).

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