Cofinimmo — Director's Dealing 2020

Apr 14, 2020

REGULATED INFORMATION Brussels, embargo until 14.04.2020, 5:40 PM CET

PRESS RELEASE

Publication of two transparency notifications

(article 14, first paragraph of the Law of 2 May 2007 on disclosure of major holdings)

1. FIRST NOTIFICATION

1.1. Summary of the notification

Cofinimmo has received a transparency notification dated 08.04.2020 from the group BlackRock, Inc. with registered offices at 55 East 52nd Street, New York, NY, 10055, USA. By virtue of the acquisition or disposal of voting rights, the group now holds 4.995%¹ of voting securities and 0.24% of equivalent financial instruments (compared to 5.04% and 0.18%, respectively, during the previous notification dated 30.03.2020).

The group BlackRock, Inc. now holds 5.24% of the voting rights in the company, including the equivalent financial instruments.

1.2. Content of the notification

The notification dated 08.04.2020 contains the following information:

• Raison 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:

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	55 East 52nd Street, New York, NY, 10055, 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 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

1 In heading 10 (A), the form displays it as remaining at 5%. See section 'Additional information' on page 3 of this press release.

REGULATED INFORMATION

Brussels, embargo until 14.04.2020, 5:40 PM CET

• Transaction date: 07.04.2020
• Threshold that is crossed: 5%
• Denominator: 25,849,283
• Notified details:

A) Voting rights

	Number of voting	Number of voting
Holder	rights linked to shares before the	rights linked to shares after the	% of voting rights
	transaction	transaction
BlackRock, Inc.	0	0	0.00%
BlackRock (Netherlands) B.V.	16,155	14,227	0.06%
BlackRock Advisors (UK) Limited	410,557	410,441	1.59%
BlackRock Advisors, LLC	25,886	27,930	0.11%
BlackRock Asset Management Canada Limited	28,386	29,534	0.11%
BlackRock Asset Management Deutschland AG	48,992	48,775	0.19%
BlackRock Asset Management North Asia Limited	2,300	2,300	0.01%
BlackRock Financial Management, Inc.	5,940	5,940	0.02%
BlackRock Fund Advisors	273,018	273,513	1.06%
BlackRock Institutional Trust Company, National	362,883	378,807	1.47%
Association
BlackRock International Limited	13,478	15,790	0.06%
BlackRock Investment Management (Australia) Limited	16,682	15,570	0.06%
BlackRock Investment Management (UK) Limited	61,799	64,336	0.25%
BlackRock Investment Management, LLC	7,396	2,693	0.01%
BlackRock Japan Co., Ltd.	29,299	1,384	0.01%
Subtotal	1,302,771	1,291,240	5.00%*

* Rounded number. See section 'Additional information' on page 3 of this press release.

B) Equivalent financial instruments

Holder	Type of financial instrument	Number of voting rights linked to equivalent financial instruments after the transaction	% of voting rights	Settlement
BlackRock Advisors (UK) Limited	Securities lent	4,.166	0.19%	Physical
BlackRock Asset Management Canada Limited	Securities lent	3,018	0.01%	Physical
BlackRock Advisors, LLC	Contract for Difference	2,378	0.01%	Cash
BlackRock Institutional Trust Company, National Association	Contract for Difference	9,128	0.04%	Cash
BlackRock Investment Management (UK) Limited	Contract for Difference	283	0.00%	Cash
Subtotal		62,973	0.24%
TOTAL A + B		1,354,213	5.24%

REGULATED INFORMATION Brussels, embargo until 14.04.2020, 5:40 PM CET

• Chain of controlled undertakings through which the holding is effectively held: the full chain of controlled undertakings was added to the notification.
• Additional information: The disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going below 5%. In heading 10 (A), however, the form displays it as remaining at 5%. Please note this is due to the rounding of the form.

1.3. Miscellaneous

• This press release can be consulted on Cofinimmo's website under www.cofinimmo.com/newsand-media/press-releases/.
• The full notification can be consulted on Cofinimmo's website under www.cofinimmo.com/investors/shareholder-information/ownership/.

2. SECOND NOTIFICATION

2.1. Summary of the notification

Cofinimmo has received a transparency notification dated 09.04.2020 from the group BlackRock, Inc. with registered offices at 55 East 52nd Street, New York, NY, 10055, USA. By virtue of the acquisition or disposal of voting rights, the group now holds 5.02% of voting securities and 0.23% of equivalent financial instruments (compared to 4.995% and 0.24%, respectively, during the previous notification dated 08.04.2020).

The group BlackRock, Inc. now holds 5.25% of the voting rights in the company, including the equivalent financial instruments.

2.2. Content of the notification

The notification dated 09.04.2020 contains the following information:

• Raison 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:

PRESS RELEASE

REGULATED INFORMATION

Brussels, embargo until 14.04.2020, 5:40 PM CET

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	55 East 52nd Street, New York, NY, 10055, 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 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	400 Howard Street, San Francisco, CA, 94105, U.S.A.
Association
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

• Transaction date: 08.04.2020
• Threshold that is crossed: 5%
• Denominator: 25,849,283
• Notified details:

A) Voting rights

	Number of voting	Number of voting
Holder	rights linked to	rights linked to	% of
	shares before the transaction	shares after the transaction	voting rights
BlackRock, Inc.	0	0	0.00%
BlackRock (Netherlands) B.V.	14,227	14,227	0.06%
BlackRock Advisors (UK) Limited	410,441	417,147	1.61%
BlackRock Advisors, LLC	27,930	27,930	0.11%
BlackRock Asset Management Canada Limited	29,534	29,534	0.11%
BlackRock Asset Management Deutschland AG	48,775	48,740	0.19%
BlackRock Asset Management North Asia Limited	2,300	2,300	0.01%
BlackRock Financial Management, Inc.	5,940	5,940	0.02%
BlackRock Fund Advisors	273,513	273,513	1.06%
BlackRock Institutional Trust Company, National	378,807	378,807	1.47%
Association
BlackRock International Limited	15,790	15,790	0.06%
BlackRock Investment Management (Australia)	15,570	15,869	0.06%
Limited
BlackRock Investment Management (UK) Limited	64,336	64,463	0.25%
BlackRock Investment Management, LLC	2,693	2,457	0.01%
BlackRock Japan Co., Ltd.	1,384	1,384	0.01%
Subtotal	1,291,240	1,298,101	5.02%

PRESS RELEASE

REGULATED INFORMATION

Brussels, embargo until 14.04.2020, 5:40 PM CET

B) Equivalent financial instruments

Holder	Type of financial instrument	Number of voting rights linked to equivalent financial instruments after the transaction	% of voting rights	Settlement
BlackRock Advisors (UK) Limited	Securities lent	42,672	0.17%	Physical
BlackRock Asset Management Canada Limited	Securities lent	3,018	0.01%	Physical
BlackRock Advisors, LLC	Contract for Difference	2,378	0.01%	Cash
BlackRock Institutional Trust Company, National Association	Contract for Difference	10,804	0.04%	Cash
BlackRock Investment Management (UK) Limited	Contract for Difference	283	0.00%	Cash
Subtotal		59,155	0.23%
TOTAL A + B		1,357,256	5.25%

• Chain of controlled undertakings through which the holding is effectively held: the full chain of controlled undertakings was added to the notification.
• Additional information: the disclosure obligation arose due to voting rights attached to shares for BlackRock, Inc. going above 5%.

2.3. Miscellaneous

• This press release can be consulted on Cofinimmo's website under www.cofinimmo.com/newsand-media/press-releases/.
• The full notification can be consulted on Cofinimmo's website under www.cofinimmo.com/investors/shareholder-information/ownership/.

For more information:

Lynn Nachtergaele Investor Relations Officer Tel.: +32 (0)2 777 14 08 lnachtergaele@cofinimmo.be

REGULATED INFORMATION Brussels, embargo until 14.04.2020, 5:40 PM CET

About Cofinimmo:

PRESS RELEASE

Cofinimmo has been acquiring, developing and managing rental properties for over 35 years. The company has a portfolio spread across Belgium, France, the Netherlands, Germany and Spain, with a value of approximately 4.2 billion EUR. With attention to social developments, Cofinimmo has the mission of making high-quality care, living and working environments available to its partners-tenants, from which users benefit directly. "Caring, Living and Working - Together in Real Estate" is the expression of this mission. Thanks to its expertise, Cofinimmo has built up a healthcare real estate portfolio of approximately 2.4 billion EUR in Europe.

As an independent company that applies the highest standards of corporate governance and sustainability, Cofinimmo offers its tenants services and manages its portfolio through a team of approximately 130 employees in Brussels, Paris, Breda and Frankfurt.

Cofinimmo is listed on Euronext Brussels (BEL20) and benefits from the REIT system in Belgium (RREC), France (SIIC) and the Netherlands (FBI). Its activities are supervised by the Financial Services and Markets Authority (FSMA), the Belgian regulator.

Cofinimmo's market capitalisation stands at approximately 3 billion EUR. The company applies an investment policy aimed at offering a socially responsible, long-term, low-risk investment that generates a regular, predictable and growing dividend.

www.cofinimmo.com