ageas SA/NV

Major Shareholding Notification • May 21, 2019

PRESS RELEASE

Brussels, 21 May 2019 – 17:40 (CET)

Ageas and Fosun: Transparency notification

In accordance with the rules on financial transparency*, Fosun has notified Ageas on 16 May 2019 that, on 15 May 2019, its shareholding stands at 5.06%.

Reason for the notification Passive crossing of a threshold

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 15 May 2019

Threshold that is crossed (in %) 5 %

Denominator 198,374,327

Notified details See annex 1b

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

Mr. Guo Guangchang controls Fosun International Holdings Ltd, which controls Fosun Holdings Limited, which controls Fosun International Limited, which controls Fosun Financial Holdings Limited, which controls Millenium Gain Limited, which controls Longrun Portugal, SGPS, S.A., which controls Fidelidade - Companhia de Seguros, S.A.

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

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

REGULATED INFORMATION

ANNEX 1a

Name	Address (for legal entities)
Fosun International Limited	Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong
Fosun Holdings Limited	Room 808, ICBC Tower, 3 Garden Road, Central, Hong Kong
Fosun International Holdings Ltd.	Vistra Corporate Services Centre, Wickhams Cay II, Road Town, Tortola, VG1110, British Virgin Islands
Guo Guangchang

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
Mr. Guo Guangchang	0	0
Fosun International Limited	4,244,112	7,978,399		4.02%
Fidelidade - Companhia de Seguros, S.A.	2,054,962	2,054,962		1.04%
Subtotal	6,299,074	10,033,361		5.06%
	TOTAL	10,033,361	0	5.06%	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
	CALCULATE	10,033,361	5.06%

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%).