ageas SA/NV

Major Shareholding Notification • Jun 21, 2018

PRESS RELEASE

Brussels, 19 June 2018 – 17:40 (CET)

Ageas and BlackRock: Transparency notification

In accordance with the rules on financial transparency*, Blackrock has notified Ageas on 14 June 2018 that, on 12 June 2018, its shareholding stands at 5.07%.

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 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.

Date on which the threshold is crossed 12 June 2018

Threshold that is crossed (in %) 5 %

Denominator 203,022,199

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

Notified details

financial

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.	30,766	30,766		0.02%
BlackRock (Singapore) Limited	11,536	11,536		0.01%
BlackRock Advisors (UK) Limited	1,361,622	1,465,098		0.72%
BlackRock Advisors, LLC	171,265	173,625		0.09%
BlackRock Asset Management Canada Limited	71,865	100,050		0.05%
BlackRock Asset Management Deutschland AG	419,217	422,964		0.21%
BlackRock Asset Management North Asia Limited	23,142	23,142		0.01%
BlackRock Financial Management, Inc.	30,905	31,401		0.02%
BlackRock Fund Advisors	3,187,636	3,173,876		1.56%
BlackRock Institutional Trust Company, National Association	2,895,266	2,916,714		1.44%
BlackRock International Limited	10,594	10,594		0.01%
BlackRock Investment Management (Australia) Limited	56,624	56,928		0.03%
BlackRock Investment Management (UK) Limited	522,361	515,245		0.25%
BlackRock Investment Management, LLC	206,912	204,525		0.10%
BlackRock Japan Co., Ltd.	527,949	596,157		0.29%
	9,527,660	9,732,621		4.79%

	TOTAL	9,732,621	4.79%	0.00%
B) Equivalent

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
BlackRock Advisors (UK) Limited	Securities Lent			120,229	0.06%	physical
BlackRock Asset Management Canada Limited	Securities Lent			47,992	0.02%	physical
BlackRock Investment Management (UK) Limited	Securities Lent			9,100	0.00%	physical
BlackRock Japan Co., Ltd.	Securities Lent			212,135	0.10%	physical
BlackRock Advisors (UK) Limited	Contract For Difference			5,570	0.00%	cash
BlackRock Advisors, LLC	Contract For Difference			1,868	0.00%	cash
BlackRock Institutional Trust Company, National Association	Contract For Difference			9,391	0.00%	cash
BlackRock Investment Management (UK) Limited	Contract For Difference			828	0.00%	cash
BlackRock Investment Management, LLC	Contract For Difference			149,701	0.07%	cash
BlackRock Investment Management, LLC	Depositary Receipt			36	0.00%	physical

TOTAL	556,850	0.27%
Total A & B	# of voting rights	% of voting rights
	10,289,471	5.07%

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

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 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

BlackRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Group Limited BlackRock (Netherlands) B.V.

Additional information

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