Colruyt N.V.

Major Shareholding Notification • Feb 18, 2019

PRESS RELEASE – Halle (Belgium), 18/02/2019, 17h45 CET – Regulated information - Transparency notification

Etn. Fr. COLRUYT NV

Limited liability company Edingensesteenweg 196 – 1500 Halle Enterprise number: 0400.378.485

Publication of a transparency notification

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

Summary of the notification

Pursuant to article 14 of the Law of 2 May 2007 on disclosure of major holdings, the Colruyt family and relatives, Colruyt Group and Sofina Group have submitted a notification to the FSMA.

This transparency notification dated 15 February 2019 reports the completion of a sale of shares between reference shareholders acting in concert. By virtue of this sale of shares Sofina NV has crossed the threshold of 5% downwards.

The shareholders acting in concert Colruyt family and relatives, Colruyt Group and Sofina Group hold a total of 90.955.630 Colruyt shares as per 15 February 2019 and thus jointly represent 63,36% of the total number of shares issued by the company (143.552.090).

The company has no knowledge of other agreements between shareholders. The statutory thresholds per bracket of 5% apply.

Content of the notification

The notification dated 15/02/2019 contains the following information:

• Reason for the notification: downward crossing of the threshold by persons of the shareholders acting in concert Colruyt family and relatives, Colruyt Group and Sofina Group
• Notification by: persons acting in concert
• Person(s) subject to the notification requirement:

Stichting Administratiekantoor Cozin, Claude Debussylaan 24, 1085 MD Amsterdam Korys NV, Villalaan 96 – 1500 Halle Korys Business Services I NV, Villalaan 96 – 1500 Halle Korys Business Services II NV, Villalaan 96 – 1500 Halle Korys Business Services III NV, Villalaan 96 – 1500 Halle Korys Investments NV, Villalaan 96 – 1500 Halle Impact Capital NV, Gemeentehuisstraat 6, 3078 Everberg Stiftung Pro Creatura, Oberer Flooz 2579, CH 9620 Lichtensteig Etn. Fr. Colruyt NV, Edingensesteenweg 196 - 1500 Halle Sofina NV, Nijverheidsstraat 31 – 1040 Brussels Family shareholders Colruyt

• Date on which the threshold was crossed: 15/02/2019
• Threshold that was crossed (downwards): 5%
• Denominator: 143.552.090

Notified details:

Voting rights	Previous notification	After the notification
	# of voting rights	# of voting rights		% of voting rights
Holders of voting rights		Linked to securities	Not linked to securities	Linked to securities	Not linked to securities
Stichting Administratie kantoor Cozin	0	0	0	0,00%	0
Korys NV	68.776.546	68.773.546	0	47,91%	0
Korys Business Services I NV	1.000	1.000	0	0,001%	0
Korys Business Services II NV	1.000	1.000	0	0,001%	0
Korys Business Services III NV	1.000	1.000	0	0,001%	0
Korys Investments NV	0	1.435.520	0	1,00%	0
Stiftung Pro Creatura	149.005	148.255	0	0,10%	0
Impact Capital NV	90.000	90.000	0	0,06%	0
Family shareholders Colruyt	8.994.894	8.965.169	0	6,25%	0
Etn. Fr. Colruyt NV	5.695.660	5.695.660	0	3,97%	0
Sofina NV	7.510.000	5.844.480	0	4,07%	0
TOTAL	91.219.105	90.955.630	0	63,36%	0

Entire chain of controlled undertakings through which the holding is effectively held.

• Korys NV is controlled by Stichting Administratiekantoor Cozin.
• Etablissementen Fr. Colruyt NV is controlled by Korys NV.
• Korys Business Services I NV, Korys Business Services II NV and Korys Business Services III NV are controlled by Korys NV.

• Korys Investments NV is controlled by Korys NV.

• Stiftung Pro Creatura, foundation under Swiss law, and Impact Capital NV are controlled by natural persons (directly or indirectly holding less than 3 % of the voting securities of the Company).

• Sofina NV is controlled by the companies of the consortium Union Financière Boël SA, Société de Participations Industrielles SA and Mobilière et Immobilière du Centre SA.
• Additional information:

Following a sale of shares completed between the reference shareholders acting in concert, Sofina NV has crossed the threshold of 5% downwards.

Miscellaneous

This press release can be consulted on the Colruyt Group website at colruytgroup.com/investors/shareholders' information/notifications.

Financial calendar

• Publication annual results 2018/19 18/06/2019 (17h45)
• Information to financial analysts 19/06/2019 (14h00)
• Publication annual report 2018/19 31/07/2019
• General Meeting of Shareholders 25/09/2019 (16h00)

Contact person:

Kris Castelein, Secretary of the Board of Directors T +32 2 363 55 45 investor@colruytgroup.com

About Colruyt Group

Colruyt Group operates in the food and non-food distribution sector in Belgium, France and Luxembourg with approximately 560 own stores and over 580 affiliated stores. In Belgium this includes Colruyt, OKay, Bio-Planet, Cru, Dreamland, Dreambaby and the affiliated stores Spar and Spar Compact. In France, in addition to Colruyt stores, there are also affiliated Coccinelle, Coccimarket and Panier Sympa stores. The group is also actively involved in the foodservice business (supply of food products to hospitals, company canteens and catering businesses) in Belgium (Solucious). The other activities comprise the sale of fuel in Belgium (DATS 24), printing and document management solutions (Symeta) and the production of green energy. The group employs over 29.300 employees and recorded a EUR 9,0 billion revenue in 2017/18. Colruyt is listed on NYSE Euronext Brussels (COLR) under ISIN code BE0974256852.