Azelis Group NV — Major Shareholding Notification 2021

Oct 4, 2021

DocuSign Envelope ID: 6384A1EC-240F-4645-80B8-604844DD4C11

FSM	FINANCIAL SERVICES AND MARKETS AUTHORITY	Transparency notification Form TR-1 BE PART I
1) Status of the notification
	Final
2) Issuer
Name Identification number 0769-555-240	AZELIS
3) Reason for the notification
	Holding of voting securities upon first admission to trading					$+$
4) Notification by
	A parent undertaking or a controlling person
5) Persons subject to the notification requirement
	Name		Address (for legal entities)
	Public Sector Pension Investment Board	1250 René-Lévesque Boulevard West Suite 1400, Montréal, Québec, Canada H3B 5E9
	PSP Investments Holding Europe Ltd	10 Bressenden Place 8th Floor - London SW1E 5DH United Kingdom
	6) Persons that dispose of voting rights (only to be filled in if art. 7 of the Law applies)
	Name		Address (for legal entities)
	Please continue entering the information in part II concerning the persons referred to in Sections 5 and 6		Part II
7) Date on which the threshold is crossed
		21/09/2021 (DD/MM/YYYY)
8) Threshold that is crossed (in %)
	10
	If the holding has fallen below the lowest threshold, you have the option of not entering any numbers in Section 10
9) Denominator
	233,846,153
	Please enter the denominator before filling in the data
10) Notified details
A) Voting rights	Previous notification	After the transaction
	# of voting rights	# of voting rights	Not linked to the		% of voting rights Not linked to the
Holders of voting rights Public Sector Pension Investment		Linked to securities	securities	Linked to securities	securities
Board		$\mathbf 0$	$\circ$	0.00%	0.00%
PSP Investments Holding Europe Ltd Subtotal		28,387,122 28,387,122	$\mathbf{0}$	12.14% 12.14%	0.00% 0.00%
	TOTAL	28,387,122	$\bf{0}$	12.14%	0.00%

DocuSign Envelope ID: 6384A1EC-240F-4645-80B8-604844DD4C11

Start with "groups" of holders. Add subtotals with $\Sigma$ , and then finish with the persons who are "alone".
For groups, start with the ultimate controlling natural person or legal entity.
The totals, subtotals and % will b

DocuSign Envelope ID: 6384A1EC-240F-4645-80B8-604844DD4C11

After the transaction B) Equivalent financial instruments
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
PSP Investments Holding Europe Ltd	stock lending (overallotment option)	17/10/2021	17/10/2021	1,709,229	0.73%	physical
	TOTAL			1,709,229	0.73%
	The totals will be updated once you have clicked on

TOTAL (A & B) # of voting rights % of voting rights CALCULATE 30,096,351 12.87%

11) Full chain of controlled undertakings through which the holding is effectively held, if applicable

PSP Investments Holding Europe Ltd is controlled by Public Sector Pension Investment Board. All of the shares of the Public Sector Pension Investment Board are directly held by the Government of Canada (her Majesty in righ

12) In case of proxy voting for only one GM

			(DD/MM/YYYY)
Holder	will cease to hold / will hold again	voting rights as of

13) Additional information