bpost SA/NV

Major Shareholding Notification • Nov 16, 2018

Publication relative à des notifications de transparence

(Article 14 de la loi du 2 mai 2007 relative à la publication des participations importantes dans les sociétés cotées)

bpost publie deux notifications reçues de BlackRock, Inc. (et sociétés liées) en vertu de la loi belge du 2 mai 2007 relative à la publication des participations importantes dans les sociétés cotées.

1. Résumé des notifications

• Dans une première notification datée du 12 novembre 2018, BlackRock, Inc., agissant également au nom des entreprises contrôlées par elle tel qu'exposé dans la notification, a notifié que, suite à une opération sur titres de bpost réalisée en date du 9 novembre 2018, la participation de BlackRock, Inc. (ensemble avec les entreprises qu'elle contrôle) a été modifiée comme suit :
• o la détention de titres conférant le droit de vote a diminué et franchi vers le bas le seuil de 3% ;
• o la détention d'instruments financiers assimilés a diminué sans franchir de seuil de notification obligatoire.

BlackRock, Inc. (ensemble avec les entreprises qu'elle contrôle) détenait alors 3,08% des droit de vote dans bpost.

• Dans une seconde notification datée du 13 novembre 2018, BlackRock, Inc., agissant également au nom des entreprises contrôlées par elle tel qu'exposé dans la notification, a notifié que, suite à une opération sur titres conférant le droit de vote et instruments financiers assimilés de bpost réalisée en date du 12 novembre 2018, sa participation a diminué et elle a franchi vers le bas le seuil des 3%.

BlackRock, Inc. (ensemble avec les entreprises qu'elle contrôle) détient désormais 2,86% des droit de vote dans bpost.

1. Seuil franchi

Seuil franchi : 3%

L'article 13 des statuts de bpost prévoit ce qui suit sur la déclaration des participations importantes : "En ce qui concerne l'application du Titre II de la Loi du 2 mai 2007 relative à la publicité des participations importantes dans des émetteurs dont les actions sont admises à la négociation sur un marché réglementé et portant des dispositions diverses et l'arrêté royal du 14 février 2008 relatif à la publicité des participations importantes, les seuils de détention successifs applicables sont fixés à 3 %, 5 % et tout multiple de 5 %."

3. Contenu de la notification

Le texte complet des notifications respectivement datées des 12 et 13 novembre 2018, est annexé au présent communiqué de presse et a en outre été publié sur le site web de bpost via le lien http://corporate.bpost.be/investors/share-information/transparency-declarations.

Les notifications de participations importantes qui doivent être faites en vertu de la loi du 2 mai 2007 et des statuts de bpost doivent être envoyées à investor.relations@bpost.be. Ces notifications sont publiées via un communiqué de presse et sont disponibles via le lien http://corporate.bpost.be/investors/share-information/transparency-declarations.

4. Pour de plus amples informations

Baudouin de Hepcée: +32 (0)2 276 22 28 Saskia Dheedene: +32 (0)2 276 76 43 Stéphanie Voisin: +32 (0)2 276 21 97 investor.relations@bpost.be

3

÷.

1) Status of the notification

	$\sim$	Final				$\mathbf{v}$
2) Issuer		a.	$\overline{\phantom{a}}$
		Name BPOST					$\bullet$
	Identification number 0214-596-464				۰.

3) Reason for the notification

Acquisition or disposal of voting securities or voting rights

4) Notification by

A parent undertaking or a controlling person

5) Persons subject to the notification requirement

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 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, Ontarlo, M5J 2S1, Canada
BlackRock Asset Management Deutschland AG	Max-Joseph-Straße 6, Munich, 80333, 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 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 Investment Management (Australia) Limited	Level 37, Chilley Tower, 2 Chilley Square, Sydney NSW 2000 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.

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 if concerning the persons referred to in Sections 5 and 6	Part II
7) Date on which the threshold is crossed
		09/11/2018 (DD/MM/YYYY)
8) Threshold that is crossed (in %)
			$\sim$
		If the holding has fallen below the lowest threshold, you have the option of not entering any numbers in Section 10
9) Denominator
	200,000,944

$\overline{\phantom{a}}$ $\overline{\phantom{a}}$ $\ddot{\phantom{0}}$ $\cdot$ $\cdot$ $\cdot$ $\cdot$ ÷, l. ÷ $\cdot$ Ţ $\ddot{\phantom{0}}$

$\overline{\phantom{a}}$ +

$+$

$+$

$\ddot{\phantom{0}}$

10) Notified details

à.

A) Voting rights		After the transaction
	# 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	٥		0.00%
BlackRock (Netherlands) B.V.	14,356 ۰.	14,356		0.01%
BlackRock Advisors (UK) Limited	555,359	802,015		0.40%
BlackRock Advisors, LLC	2,675,477	1,664,506		0.94%
BlackRock Asset Management Canada Limited	o	10,323		0.01%
BlackRock Asset Management Deutschland AG	210,770	4,392		0.00%
BlackRock Asset Management North Asia Limited	580	580		0.00%
BlackRock Capital Management, Inc.	109	0		$0.00\%$
BlackRock Fund Advisors	813,212	871,829		0.44%
BlackRock Institutional Trust Company, National Association	1,084,519	939,846		0.47%
BlackRock Investment Management (Australia) Limited	306	306		0.00%
BlackRock Investment Management (UK) Limited	810,914	1,012,073		0.51%
BlackRock Investment Management, luc	55,117	17,020		0.01%
Subtotal	6.220.719	5,557,246		2.78%
TOTAL		5,557,246	ō	2.78%	0.00%

Start with "groups" of holders. Add subtotals with $\sum_{n=1}^{\infty}$ 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

$\mathcal{K} \subset \mathcal{R}$ ó.

$\overline{\phantom{0}}$

$\leq$ $\sim$

$\bar{z}$

B) Equivalent financial Instruments	After the transaction
Holders of equivalent financial instruments	Type of financial instrument ist.	Expiration date	Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voling rights	Settlement
BlackRock Advisors (UK) Limited	Securities Lent			133,944	0.07%	physical
BlackRock Investment Management (UK) Limited	Securities Lent			97,297
BlackRock Investment Management,	Securities Lent				0.05%	physical	$\bullet$
ILLC.				34,585	0.02%	physical	$^{66}$
BlackRock Advisors (UK) Limited	Contract For Difference			6,467	0.00%	cash	$\overline{\phantom{0}}$
BlackRock Institutional Trust Company, National Association	Contract For Difference			88,696	0.04%	cash	$\blacksquare$
BlackRock Investment Management (UK) Limited	Contract For Difference			43,029	0.02%
BlackRock Investment Management, ILLC.	Contract For Difference			195,831	0.10%	cash	$\blacksquare$
	TOTAL			599,849	0.30%	cash	$+$ :

The totals will be updated once you have clicked on

TOTAL (A & B)			A of voting rights % of voting rights
	CALCULATE	6,157,095	3.08%

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

Please see the full chain of control in "Chain of Control" tab.

12) In case of proxy voting for only one GM

Holder	will cease to hold / will hold again	$\cdot$ (DD/MM/YYYY) voting rights as of
13) Additional information
The disclosure obligation arose due voting rights attached to shares for BlackRock, Inc. going below 3%

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

Name

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 Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe 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 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 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 Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe 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

BläckRock, Inc. BlackRock Holdco 2, Inc. BlackRock Financial Management, Inc. BlackRock International Holdings, Inc. BR Jersey International Holdings L.P. BlackRock Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe 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 Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe Limited BlackRock (Netherlands) B.V.

1) Status of the notification

2) Issuer

Name BPOST Identification number 0214-596-464

3) Reason for the notification

Acquisition or disposal of voting securities or voting rights

4) Notification by

A parent undertaking or a controlling person

5) Persons subject to the notification requirement.

Name	Address (for legal entitles)
BlackRock, Inc.	55 East 52nd Street, New York, NY, 10055, U.S.A.
BlackRock (Netherlands) B.V.	Rembrandt Tower, 17th floor, Amstetplein, Amsterdam, Netherlands
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 North Asia Limited	15/F, 16/F, 17/F Citibank Tower & 17/F ICBC Tower, 3 Garden Road, Central, Hong Kong
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 Investment Management (Australia) Limited Level 37, Chifley Tower, 2 Chilley Square, Sydney NSW 2000 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.

6) Persons that dispose of voting rights (only to be filled in if an. 7 of the Law applies)

	Name	Address (for legal entities)
	Please continue entering the information in part il concerning the persons referred to in Sections 5 and 6	Part II
7) Date on which the threshold is crossed
		12/11/2018 (DD/MM/YYYY)
8) Threshold that is crossed (in %)

If the holding has fallen below the lowest threshold, you have the option of not entering any numbers in Section 10

9) Denominator

200,000,944

Please enter the denominator before filling in the data

. g B B ŧ E $\frac{1}{1}$ $\overline{\phantom{a}}$ E, $\overline{\phantom{0}}$

$\leftarrow$

$+$

$\overline{+}$

10) Notified details

A) Voting rights	Pravious 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 Io securities	Not linked to the securities
BlackRock, Inc.	$\mathbf 0$	o		0.00%
BlackRock (Netherlands) B.V.	14,356	14.356		0.01%
BlackRock Advisors (UK) Limited	802,015	752,224		0.38%
BlackRock Advisors, LLC	1.884.506	1,629,822		0.81%
BlackRock Asset Management Canada Limited	10.323	10,323		0.01%
BlackRock Asset Management Deutschland AG	4,392	0		0.00%
BlackRock Asset Management North Asia Limited	580	580		0.00%
BlackRock Fund Advisors	871,829	871.829		0.44%
BlackRock Institutional Trust Company, National Association	939.846	935.997		0.47%
BlackRock Investment Management (Australia) Limited	306	306		0.00%
BlackRock Investment Management (UK) Limited	1,012,073	908,900		0.45%
BlackRock Investment Management, LLC	17,020	9.895		0.00%
Subtotal	5.557.246	5,134,232		2.57%
	TOTAL	5,134,232	۰	2.57%	0.00%

Start with "groups" of holders. Add subtotals with $\sum$ , 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 be

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 la exercised	% of voting rights	Settlement
BlackRock Advisors (UK) Limited	Securities Lent			133,944	0.07%	physical	۰
BlackRock Investment Management (UK) Limited	Securities Lent			82,697	0.04%	physical	$\bullet$
BlackRock Investment Management, LLC	Securities Lent			34,585	0.02%	physical	٠
BlackRock Advisors (UK) Limited	Contract For Diflerence			6,467	0.00%	cash	۰
BlackRock Institutional Trust Company, National Association	Contract For Difference			87,664	0.04%	cash	٠
BlackRock Investment Management (UK) Limited	Contract For Difference			43,029	0.02%	cash	۰
BlackRock Investment Management, LLC	Contract For Difference			195,831	0.10%	cash	$+$
	TOTAL			584,217	0.29%

The totals will be updated once you have clicked on

TOTAL (A & B) $- -$				# of voting rights % of voting rights
		CALCULATE $-1000$	5,718,449	2.86%

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

Please see the full chain of control in "Chain of Control" tab.

12) In case of proxy voting for only one GM

Holder		will cease to hold / will hold again		voting rights as of	(DUNNM/YYYY)
13) Additional information
The disclosure obligation arose due total holdings attached to shares for BlackRock, Inc. going below 3%

Done at 12 Throgmorton Avenue, London EC2N 2DL, U.K. On 13/11/2018 (DD/MMYYYY) Name & capacity Andrew Manchester, Vice President

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

Name

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 Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe 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 Ptv. Ltd. BlackRock Investment Management (Australia) 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 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 Holdco 3, LLC BlackRock Canada Holdings LP BlackRock Canada Holdings ULC BlackRock Asset Management Canada Limited

$\bar{z}$

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 Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe 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 Holdco 3, LLC BlackRock Cayman 1 LP BlackRock Cayman West Bay Finco Limited BlackRock Cayman West Bay IV Limited BlackRock Group Limited BlackRock Finance Europe Limited BlackRock (Netherlands) B.V.