Colruyt N.V.

Major Shareholding Notification • Jan 4, 2022

Etn. Fr. COLRUYT NV

Limited liability company Edingensesteenweg 196 – 1500 Halle Company 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 Law of 2 May 2007 on disclosure of major holdings, Colruyt Group and its controlling shareholder Korys have submitted a notification to the FSMA.

This transparency notification dated 3 January 2022 indicates that, by virtue of the acquisition of Colruyt treasury shares by Colruyt Group until 31 December 2021 (cf press release repurchase of treasury shares issued on 4 January 2022) and the new denominator, Korys and Colruyt Group now hold a total of 55,04% of the voting rights of the company.

The previous transparency notification of 1 October 2021 indicated that Korys and Colruyt Group (Colruyt family and relatives, shareholders acting in concert, not included) held 54,05% of the total number of shares of the company. Following recent acquisitions of Colruyt treasury shares by Colruyt Group and by applying the new denominator, Korys and Colruyt Group (Colruyt family and relatives, shareholders acting in concert, not included) hold a total of 73.664.024 Colruyt shares as per 31 December 2021 and thus jointly represent 55,04% of the total number of shares issued by the company. Korys and Colruyt Group have therefore crossed a threshold of a multiple of 5%.

The new denominator of 133.839.188 shares takes into account the cancellation of 2.500.000 treasury shares on 7 October 2021 and the capital increase reserved for Colruyt Group employees, for which 184.228 new shares were issued on 15 December 2021.

This limited notification does not affect the existing agreement to act in concert between the Colruyt family and relatives, Korys, Colruyt Group. 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 03/01/2022 contains the following information:

• Reason for the notification: Crossing of the threshold by Korys companies concerned and Colruyt Group.
• Notification by: persons acting in concert
• Person(s) subject to the notification requirement:

KORYS NV, Villalaan 96- 1500 Halle Korys Investments 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 Etn. Fr. Colruyt NV, Edingensesteenweg 196 - 1500 Halle

Transaction date: 31/12/2021

• Threshold that is crossed (in %): the statutory threshold of 55%.
• Denominator: 133.839.188
• 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
Korys NV	68.835.959	69.925.317	0	52,25 %	0
Korys Investments NV	1.435.520	1.435.520	0	1,07 %	0
Korys Business Services I NV	1.000	1.000	0	0,0007 %	0
Korys Business Services II NV	1.000	1.000	0	0,0007 %	0
Korys Business Services III NV	1.000	1.000	0	0,0007 %	0
Etn. Fr. Colruyt NV	3.320.090	2.300.187	0	1,72 %	0
TOTAL	73.594.569	73.664.024	0	55,04 %	0 %

• Entire chain of controlled undertakings through which the holding is effectively held.
• o Etablissementen Fr. Colruyt NV is controlled by Korys NV, which in turn is controlled by Stichting Administratiekantoor Cozin.
• o Korys Investments NV is controlled by Korys NV.
• o Korys Business Services I NV, Korys Business Services II NV en Korys Business Services III NV are controlled by Korys NV.
• Additional information:

Following the recent purchase of treasury shares by Colruyt Group and by applying the new denominator, Korys and Colruyt Group (the family shareholders and relatives, acting in concert, not included) have crossed a threshold of a multiple of 5%.

Miscellaneous

This press release may be consulted on the website of Colruyt Group via the link https://www.colruytgroup.com/en/notifications

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 more than 600 own stores and over 580 affiliated stores. In Belgium, this includes Colruyt Lowest Prices, OKay, Bio-Planet, Cru, Dreamland, Dreambaby, Bike Republic and the affiliated Spar stores. In France, in addition to Colruyt stores, there are also affiliated Coccinelle, Coccimarket and Panier Sympa stores. The group is majority shareholder of The Fashion Society, which includes the fashion retail chains ZEB, PointCarré, The Fashion Store and ZEB For Stars. JIMS operates fitness clubs in Belgium and Luxembourg. Solucious and Culinoa deliver food service and retail products to professional customers in Belgium (hospitals, SMEs, hospitality sector, etc.). The activities of Colruyt Group also comprise energy supply by DATS 24 in Belgium (fuels, natural gas and green energy) and France (fuels), printing and document management solutions (Symeta Hybrid) and the production of green energy (Eoly). The group employs over 32.000 employees and recorded a EUR 9,9 billion revenue in 2020/21. Colruyt is listed on Euronext Brussels (COLR) under ISIN code BE0974256852.