ASM Group S.A. — Major Shareholding Notification 2021

Dec 17, 2021

From:

Gerard Malta Limited

99, Sir Adrian Dingli Street,

Sliema SLM 1905, Republic of Malta

Black Aston Foundation

37 Landstrasse,

9490 Vaduz, Principality of Liechtenstein

(hereinafter jointly referred to as the "Notifying Parties" and each of them individually as a "Notifying Party")

To:

Polish Financial Supervision Authority (Komisja Nadzoru Finansowego)

ul. Piękna 20 00-549 Warsaw, Poland

ASM Group S.A.

ul. Emilii Plater 53

00-113 Warsaw, Poland

Dear Sirs,

The Notifying Parties, duly represented by the undersigned, under Article 69 section 1 point 2 of the Act of 29 July 2005 on public offering, the conditions governing the introduction of financial instruments to organised trading, and on public companies (the "Act on Public Offering"), hereby notify you that as a consequence of a sale by Gerard Malta Limited ("GML") of 15,428,616 shares in the share capital of ASM Group S.A., with its registered seat in Warsaw, Poland (the "Company"), carrying the right to 15,428,616 votes at the general meeting of the Company, representing 27.06% of the entire share capital and the total number of votes at the general meeting of the Company, GML has decreased its shareholding to 0.0% of the voting rights in the Company.

1. Date and type of the event resulting in the change in the shareholding to which this notification relates

As result of the sale of shares performed on 13 December 2021, GML sold 15,428,616 shares in the share capital of the Company, carrying the right to 15,428,616 votes at the general meeting of the Company, representing 27.06% of the entire share capital of the Company and the total number of votes at the general meeting of the Company.

2. Number of shares held prior to the change of the shareholding and the percentage share in the share capital of the Company as well as the number of votes attached to such shares and their percentage share in the overall number of votes

Prior to the sale of the shares referred to above, GML held 15,428,616 shares (ordinary bearer shares) in the share capital of the Company, carrying the right to 15,428,616 votes at the general meeting of the Company, representing 27.06% of the entire share capital of the Company and the total number of votes at the general meeting of the Company.

3. The number of currently held shares and their percentage share in the share capital of the Company and the number of votes attached to such shares and their percentage share in the overall number of votes

GML currently holds 0 shares in the share capital of the Company.

4. Subsidiaries of the Notifying Parties who hold shares in the Company

There are no subsidiaries of the relevant Notifying Parties holding currently shares in the Company.

5. Persons referred to in Article 87 section 1 point 3 (c) of the Act on Public Offering

No persons referred to in Article 87 section 1 point 3 (c) of the Act on Public Offering exist.

6. The number of votes attached to the shares, calculated in the manner specified in Article 69b section 2 of the Act on Public Offering, which the Notifying Parties are authorised or required to acquire as the holders of the financial instruments referred to in Article 69b section 1 point 1 of the Act on Public Offering and the financial instruments referred to in Article 69b section 1 point 2 of the Act on Public Offering, and which are not exercised exclusively by way of a cash settlement, the type or name of such financial instruments, the date of expiry thereof and the date or other deadline within which the shares may or will be acquired

Not applicable.

7. Number of votes attached to the shares, calculated in the manner specified in Article 69b section 3 of the Act on Public Offering, to which the financial instruments referred to in Article 69b section 1 point 2 of the Act on Public Offering relate, directly or indirectly, the type or name of such financial instruments and the date of expiry of such financial instruments

Not applicable.

8. The sum of the number of votes indicated in items 3,6 and 7 above, and the percentage share thereof in the overall number of votes

As stated in point 3 above.

On behalf of (i) Gerard Malta Limited and (ii) Black Aston Foundation:

_____

Marek Wronka