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ageas SA/NV

Major Shareholding Notification Sep 24, 2019

3905_mrq_2019-09-24_0682d6f4-b56a-406d-9bf1-bc401ad70fb1.pdf

Major Shareholding Notification

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PRESS RELEASE

Brussels, 24 September 2019 – 17:40 (CET)

Ageas and BlackRock: Transparency notification

In accordance with the rules on financial transparency*, BlackRock has notified Ageas on 23 September 2019 that, on 20 September 2019, its interest has exceeded the legal threshold of 5% of the shares issued by Ageas. Its current total shareholding stands at 5.15%.

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 See annex 1a

Date on which the threshold is crossed 20 September 2019

Threshold that is crossed (in %) 5% shares

Denominator 198,374,327

Notified details See annex 1b

Chain of controlled undertakings through which the holding is effectively held, if applicable The full chain of command can be found on https://www.ageas.com/investors/shareholders

Additional information

The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going above 5%.

* 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 32

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

@AgeasGroup

ANNEX 1a

Name Address (for legal entities)
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 Lenbachplatz 1 1st Floor, Munich, 80333-MN3, 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 26, 101 Collins Street, Melbourne, VIC 3000, 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.
BlackRock Japan Co., Ltd. 1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo, 100-8217, Japan

ANNEX 1b

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
BlackRock, Inc. 0 0 0.00%
BlackRock (Netherlands) B.V. 27,284 27,284 0.01%
BlackRock (Singapore) Limited 7,939 7,939 0.00%
BlackRock Advisors (UK) Limited 1,233,578 1,607,488 0.81%
BlackRock Advisors, LLC 108,806 108,806 0.05%
BlackRock Asset Management
Canada Limited
146,911 146,618 0.07%
BlackRock Asset Management
Deutschland AG
283,231 283,675 0.14%
BlackRock Asset Management North
Asia Limited
24,749 24,467 0.01%
BlackRock Capital Management, Inc. 228 192 0.00%
BlackRock Financial Management,
Inc.
30,677 30,677 0.02%
BlackRock Fund Advisors 3,083,391 3,084,129 1.55%
BlackRock Institutional Trust
Company, National Association
2,878,340 2,877,573 1.45%
BlackRock International Limited 3,890 3,890 0.00%
BlackRock Investment Management
(Australia) Limited
54,473 54,473 0.03%
BlackRock Investment Management
(UK) Limited
488,797 467,357 0.24%
BlackRock Investment Management,
LLC
270,044 370,864 0.19%
BlackRock Japan Co., Ltd. 182,361 182,360 0.09%
Subtotal 8,824,699 9,277,792 4.68%
TOTAL 9,277,792 0 4.68% 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
BlackRock Advisors (UK) Limited Securities Lent 567,732 0.29% physical
BlackRock Investment Management
(UK) Limited
Securities Lent 180,866 0.09% physical
BlackRock Advisors (UK) Limited Contract for Difference 3,627 0.00% cash
BlackRock Advisors, LLC Contract for Difference 12,736 0.01% cash
BlackRock Institutional Trust
Company, National Association
Contract for Difference 19,312 0.01% cash
BlackRock Investment Management
(UK) Limited
Contract for Difference 938 0.00% cash
BlackRock Investment Management,
LLC
Contract for Difference 162,553 0.08% cash
BlackRock Investment Management,
LLC
Depositary Receipt 76 0.00%
TOTAL 947,840 0.48%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 10,225,632 5.15%

In accordance with the rules on financial transparency*, BlackRock has notified Ageas on 23 September 2019 that, on 19 September 2019, its interest has fallen below the legal threshold of 5% of the shares issued by Ageas. Its current total shareholding stands at 4.94%.

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 See annex 2a

Date on which the threshold is crossed 19 September 2019

Threshold that is crossed (in %) 5% shares

Denominator 198,374,327

Notified details See annex 2b

Chain of controlled undertakings through which the holding is effectively held, if applicable The full chain of command can be found on https://www.ageas.com/investors/shareholders

Additional information

The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 5%.

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

ANNEX 2a

Name Address (for legal entities)
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 Lenbachplatz 1 1st Floor, Munich, 80333-MN3, 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 26, 101 Collins Street, Melbourne, VIC 3000, 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.
BlackRock Japan Co., Ltd. 1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo, 100-8217, Japan

ANNEX 2b

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
BlackRock, Inc. 0 0 0.00%
BlackRock (Netherlands) B.V. 27,284 27,284 0.01%
BlackRock (Singapore) Limited 7,939 7,939 0.00%
BlackRock Advisors (UK) Limited 1,892,265 1,233,578 0.62%
BlackRock Advisors, LLC 108,806 108,806 0.05%
BlackRock Asset Management
Canada Limited
146,911 146,911 0.07%
BlackRock Asset Management
Deutschland AG
283,231 283,231 0.14%
BlackRock Asset Management North
Asia Limited
24,675 24,749 0.01%
BlackRock Capital Management, Inc. 282 228 0.00%
BlackRock Financial Management,
Inc.
30,685 30,677 0.02%
BlackRock Fund Advisors 3,082,482 3,083,391 1.55%
BlackRock Institutional Trust
Company, National Association
2,878,340 2,878,340 1.45%
BlackRock International Limited 3,890 3,890 0.00%
BlackRock Investment Management
(Australia) Limited
54,473 54,473 0.03%
BlackRock Investment Management
(UK) Limited
630,827 488,797 0.25%
BlackRock Investment Management,
LLC
262,752 270,044 0.14%
BlackRock Japan Co., Ltd. 428,434 182,361 0.09%
Subtotal 9,863,276 8,824,699 4.45%
TOTAL 8,824,699 0 4.45% 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
BlackRock Advisors (UK) Limited Securities Lent 581,074 0.29% physical
BlackRock Investment Management
(UK) Limited
Securities Lent 185,374 0.09% physical
BlackRock Advisors (UK) Limited Contract for Difference 3,627 0.00% cash
BlackRock Advisors, LLC Contract for Difference 12,736 0.01% cash
BlackRock Institutional Trust
Company, National Association
Contract for Difference 19,312 0.01% cash
BlackRock Investment Management
(UK) Limited
Contract for Difference 938 0.00% cash
BlackRock Investment Management,
LLC
Contract for Difference 162,553 0.08% cash
BlackRock Investment Management,
LLC
Depositary Receipt 76 0.00%
TOTAL 965,690 0.49%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 9,790,389 4.94%

In accordance with the rules on financial transparency*, BlackRock has notified Ageas on 20 September 2019 that, on 18 September 2019, its interest went below the legal threshold of 5% of the shares in section 10A issued by Ageas. Its current total shareholding stands at 5.23%.

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 See annex 3a

Date on which the threshold is crossed 18 September 2019

Threshold that is crossed (in %) 5% shares

Denominator 198,374,327

Notified details See annex 3b

Chain of controlled undertakings through which the holding is effectively held, if applicable The full chain of command can be found on https://www.ageas.com/investors/shareholders

Additional information

The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 5% (in section 10A).

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

ANNEX 3a

Name Address (for legal entities)
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 Lenbachplatz 1 1st Floor, Munich, 80333-MN3, 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 26, 101 Collins Street, Melbourne, VIC 3000, 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.
BlackRock Japan Co., Ltd. 1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo, 100-8217, Japan

ANNEX 3b

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
BlackRock, Inc. 0 0 0.00%
BlackRock (Netherlands) B.V. 27,284 27,284 0.01%
BlackRock (Singapore) Limited 7,939 7,939 0.00%
BlackRock Advisors (UK) Limited 2,181,218 1,892,265 0.95%
BlackRock Advisors, LLC 108,806 108,806 0.05%
BlackRock Asset Management
Canada Limited
146,911 146,911 0.07%
BlackRock Asset Management
Deutschland AG
283,575 283,231 0.14%
BlackRock Asset Management North
Asia Limited
24,672 24,675 0.01%
BlackRock Capital Management, Inc.
232
282 0.00%
BlackRock Financial Management,
30,677
Inc.
30,685 0.02%
BlackRock Fund Advisors
3,084,078
3,082,482 1.55%
BlackRock Institutional Trust
Company, National Association
2,879,686 2,878,340 1.45%
BlackRock International Limited 3,890 3,890 0.00%
BlackRock Investment Management
(Australia) Limited
54,473 54,473 0.03%
BlackRock Investment Management
(UK) Limited
639,408 630,827 0.32%
LLC BlackRock Investment Management,
264,200
262,752 0.13%
BlackRock Japan Co., Ltd. 182,349 428,434 0.22%
Subtotal 9,919,398 9,863,276 4.97%
TOTAL 9,863,276 0 4.97% 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
BlackRock Advisors (UK) Limited Securities Lent 266,333 0.13% physical
BlackRock Investment Management
(UK) Limited
Securities Lent 46,019 0.02% physical
BlackRock Advisors (UK) Limited Contract for Difference 3,627 0.00% cash
BlackRock Advisors, LLC Contract for Difference 12,736 0.01% cash
BlackRock Advisors, LLC Contract for Difference 12,736 0.01% cash
BlackRock Institutional Trust
Company, National Association
Contract for Difference 19,312 0.01% cash
BlackRock Investment Management
(UK) Limited
Contract for Difference 938 0.00% cash
BlackRock Investment Management,
LLC
Contract for Difference 162,553 0.08% cash
BlackRock Investment Management,
LLC
Depositary Receipt 76 0.00%
TOTAL 511,594 0.26%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE 10,374,870 5.23%

In accordance with the rules on financial transparency*, BlackRock has notified Ageas on 19 September 2019 that, on 17 September 2019, its interest exceeded the legal threshold of 5% of the shares in section 10A issued by Ageas. Its current total shareholding stands at 5.24%.

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 See annex 4a

Date on which the threshold is crossed 17 September 2019

Threshold that is crossed (in %) 5% shares

Denominator 198,374,327

Notified details See annex 4b

Chain of controlled undertakings through which the holding is effectively held, if applicable The full chain of command can be found on https://www.ageas.com/investors/shareholders

Additional information

The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. (in section 10A) going above 5%.

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

ANNEX 4a

Name Address (for legal entities)
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 Lenbachplatz 1 1st Floor, Munich, 80333-MN3, 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 26, 101 Collins Street, Melbourne, VIC 3000, 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.
BlackRock Japan Co., Ltd. 1-8-3 Marunouchi Chiyoda-ku, Trust Tower Main, Tokyo, 100-8217, Japan

ANNEX 4b

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
BlackRock, Inc. 0 0 0.00%
BlackRock (Netherlands) B.V. 29956 27,284 0.01%
BlackRock (Singapore) Limited 7939 7,939 0.00%
BlackRock Advisors (UK) Limited 1934991 2,181,218 1.10%
BlackRock Advisors, LLC 108806 108,806 0.05%
BlackRock Asset Management
Canada Limited
146608 146,911 0.07%
BlackRock Asset Management
Deutschland AG
308182 283,575 0.14%
BlackRock Asset Management North
Asia Limited
24958 24,672 0.01%
BlackRock Capital Management, Inc. 375 232 0.00%
BlackRock Financial Management,
Inc.
21395 30,677 0.02%
BlackRock Fund Advisors 3085289 3,084,078 1.55%
BlackRock Institutional Trust
Company, National Association
2892640 2,879,686 1.45%
BlackRock International Limited 3890 3,890 0.00%
BlackRock Investment Management
(Australia) Limited
54473 54,473 0.03%
BlackRock Investment Management
(UK) Limited
693660 639,408 0.32%
BlackRock Investment Management,
LLC
376749 264,200 0.13%
BlackRock Japan Co., Ltd. 180130 182,349 0.09%
Subtotal 9870041 9,919,398 5.00%
TOTAL 9,919,398 0 5.00% 0.00%
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
BlackRock Advisors (UK) Limited Securities Lent 241,908 0.12%
BlackRock Investment Management
(UK) Limited
Securities Lent 36,690 0.02%
BlackRock Advisors (UK) Limited Contract for Difference 3,627 0.00%
BlackRock Advisors, LLC Contract for Difference 12,736 0.01%
BlackRock Institutional Trust
Company, National Association
Contract for Difference 19,312 0.01%
BlackRock Investment Management
(UK) Limited
Contract for Difference 938 0.00%
BlackRock Investment Management,
LLC
Contract for Difference 162,553 0.08%
BlackRock Investment Management,
LLC
Depositary Receipt 76 0.00%
TOTAL 477,840 0.24%
TOTAL (A & B) # of voting rights % of voting rights
CALCULATE
10,397,238
5.24%

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, 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 45,000 people and reported annual inflows of over EUR 34 billion in 2018 (all figures at 100%).

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