Cofinimmo — Major Shareholding Notification 2020

Mar 31, 2020

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Brussels, embargo until 31.03.2020, 5:40 PM CET

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 27.03.2020 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 4.96% of voting securities and 0.23% of equivalent financial instruments (compared to 5.04% and 0.43%, respectively, during the previous notification dated 19.02.2020).

The group BlackRock, Inc. now holds 5.19% of the voting rights in the company, including the equivalent financial instruments.

1.2. Content of the notification

The notification dated 27.03.2020 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

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Brussels, embargo until 31.03.2020, 5:40 PM CET

Transaction date: 26.03.2020 Threshold that is crossed: 5% Denominator: 25,849,283

Notified details:

A) Voting rights

Holder	Number of voting rights linked to shares before the transaction	Number of voting rights linked to shares after the transaction	% of voting rights
BlackRock, Inc.	0	0	0.00%
BlackRock (Netherlands) B.V.	25,116	19,114	0.07%
BlackRock Advisors (UK) Limited	383,996	394,968	1.53%
BlackRock Advisors, LLC	26,623	25,886	0.10%
BlackRock Asset Management Canada Limited	31,288	28,270	0.11%
BlackRock Asset Management Deutschland AG	59,312	48,915	0.19%
BlackRock Asset Management North Asia Limited	2,300	2,300	0.01%
BlackRock Financial Management, Inc.	5,365	5,466	0.02%
BlackRock Fund Advisors	275,423	272,298	1.05%
BlackRock Institutional Trust Company, National Association	353,789	362,681	1.40%
BlackRock International Limited	13,082	13,082	0.05%
BlackRock Investment Management (Australia) Limited	24,651	18,472	0.07%
BlackRock Investment Management (UK) Limited	58,946	51,916	0.20%
BlackRock Investment Management, LLC	39,989	14,500	0.06%
BlackRock Japan Co., Ltd.	4,106	25,495	0.10%
Subtotal	1,303,986	1,283,363	4.96%

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	39,045	0.15%	Physical
BlackRock Asset Management Canada Limited	Securities lent	3,018	0.01%	Physical
BlackRock Investment Management (UK) Limited	Securities lent	8,000	0.03%	Physical
BlackRock Advisors, LLC	Contract for Difference	2,568	0.01%	Cash
BlackRock Institutional Trust Company, National Association	Contract for Difference	5,273	0.02%	Cash
BlackRock Investment Management (UK) Limited	Contract for Difference	674	0.00%	Cash
Subtotal		58,578	0.23%
TOTAL A + B		1,341,941	5.19%

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• 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%.

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 30.03.2020 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 5.04% of voting securities and 0.18% of equivalent financial instruments (compared to 4,96% and 0.23%, respectively, during the previous notification dated 27.03.2020).

The group BlackRock, Inc. now holds 5.22% of the voting rights in the company, including the equivalent financial instruments.

2.2. Content of the notification

The notification dated 30.03.2020 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:

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Brussels, embargo until 31.03.2020, 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 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

Transaction date: 27.03.2020 Threshold that is crossed: 5% Denominator: 25,849,283

Notified details:

A) Voting rights

Holder	Number of voting rights linked to shares before the transaction	Number of voting rights linked to shares after the transaction	% of voting rights
BlackRock, Inc.	0	0	0.00%
BlackRock (Netherlands) B.V.	19,114	16,155	0.06%
BlackRock Advisors (UK) Limited	394,968	410,557	1.59%
BlackRock Advisors, LLC	25,886	25,886	0.10%
BlackRock Asset Management Canada Limited	28,270	28,386	0.11%
BlackRock Asset Management Deutschland AG	48,915	48,992	0.19%
BlackRock Asset Management North Asia Limited	2,300	2,300	0.01%
BlackRock Financial Management, Inc.	5,466	5,940	0.02%
BlackRock Fund Advisors	272,298	273,018	1.06%
BlackRock Institutional Trust Company, National Association	362,681	362,883	1.40%
BlackRock International Limited	13,082	13,478	0.05%
BlackRock Investment Management (Australia) Limited	18,472	16,682	0.06%
BlackRock Investment Management (UK) Limited	51,916	61,799	0.24%
BlackRock Investment Management, LLC	14,500	7,396	0.03%
BlackRock Japan Co., Ltd.	25,495	29,299	0.11%
Subtotal	1,283,363	1,302,771	5.04%

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Brussels, embargo until 31.03.2020, 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	35,227	0.14%	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	5,273	0.02%	Cash
BlackRock Investment Management (UK) Limited	Contract for Difference	642	0.00%	Cash
Subtotal		46,538	0.18%
TOTAL A + B		1,349,309	5.22%

• 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

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Brussels, embargo until 31.03.2020, 5:40 PM CET

About Cofinimmo:

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

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