Ekopak NV — Director's Dealing 2021

Apr 7, 2021

PRESS RELEASE

Publication of transparency notifications

Tielt (Belgium), 7 April 2021, 18h30 (CEST) – regulated information – In accordance with article 14 of the Act of 2 May 2007 on the disclosure of large shareholdings, Ekopak NV publishes the following information:

1 Pieter Loose - Pilovan BV/SRL

Pieter Loose has announced that, on 6 April 2021, Pilovan BV/SRL held 5.039.498 shares and 241.216 assimilated financial instruments (share lending), representing in the aggregate 36,80% of the total number of voting rights (14.351.428).

The notification dated 7 April 2021 contains the following information:

• Reason for the notification:
• Holding of voting securities upon first admission to trading
• Acquisition or disposal of voting securities or voting rights
• Acquisition or disposal of financial instruments that are treated as voting securities
• Notification by: a parent undertaking or a controlling person
• Persons subject to the notification requirement:
• Pieter Loose
• Pilovan BV/SRL, Hogerlucht 28, 9600 Ronse (Belgium)
• Date on which the threshold is crossed: 6 April 2021
• Threshold that is crossed: 35%
• Denominator: 14.351.428
• Notified details:

A) Voting rights	Previous 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 to securities	Not linked to the securities
Pieter Loose		0	0	0,00%	0,00%
Pilovan BV/SRL		5.039.498	0	35,11%	0,00%
Subtotal		5.039.498		35,11%	0,00%
	TOTAL	5.039.498	0	35,11%	0,00%

B) Equivalent financial instrument s	After the transaction
Holders of equivalent financial instrument	Type of financial instrument	Expiration date	Exercise period or date	# of voting rights that may be acquired if	% of voting rights	Settlemen t
s				the instrument is exercised
Pilovan BV/SRL	Share lending	04/05/2021	Following the exercise by Joh. Berenberg, Gossler & Co. KG, acting as Stabilisation Manager, of the Over-allotment Warrant issued by Ekopak SA/NV on 17 March 2021, and at the latest on 4 May 2021	241.216	1,68%	physical
	TOTAL			241.216	1,68%

TOTAL (A & B)	# of voting rights	% of voting rights
	5.280.714	36,80%

• Chain of control: Pieter Loose controls Pilovan BV/SRL.
• Additional information: the "closing" of the admission to trading of Ekopak NV/SA occurred on 6 April 2021.

2 Marc Coucke Alychlo NV/SA

Marc Coucke has announced that, on 6 April 2021, Alychlo NV/SA and Mylecke Management, Art & Invest NV/SA together held 6.020.360 shares and 231.998 assimilated financial instruments (share lending), representing in the aggregate 43,57% of the total number of voting rights (14.351.428).

The notification dated 7 April 2021 contains the following information:

• Reason for the notification:

• Holding of voting securities upon first admission to trading
• Acquisition or disposal of voting securities or voting rights
• Acquisition or disposal of financial instruments that are treated as voting securities
• Notification by: a parent undertaking or a controlling person
• Persons subject to the notification requirement:
• Marc Coucke
• Alychlo NV/SA, Lembergsesteenweg 19, 9820 Merelbeke (Belgium)
• Mylecke Management, Art & Invest NV/SA, Lembergsesteenweg 19, 9820 Merelbeke (Belgium)
• Date on which the threshold is crossed: 6 April 2021
• Threshold that is crossed: 40%
• Denominator: 14.351.428
• Notified details:

A) Voting rights	Previous 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 to securities	Not linked to the securities
Marc Coucke		0	0	0,00%	0,00%
Alychlo NV/SA		5.841.788	0	40,71%	0,00%
Mylecke Management, Art & Invest NV/SA		178.572	0	1,24%	0,00%
Subtotal		6.020.360		41,95%	0,00%
	TOTAL	6.020.360	0	41,95%	0,00%

B)	After the transaction
Equivalent
financial
instruments
Holders of	Type of financial	Expiration	Exercise period	# of voting	% of	Settlement
equivalent	instrument	date	or date	rights that	voting
financial				may be	rights
instruments				acquired if
				the
				instrument
				is exercised
Alychlo	Share lending	04/05/202	Following the	231.998	1,62%	physical
NV/SA		1	exercise by Joh.
			Berenberg,
			Gossler & Co. KG,
			acting as

	Stabilisation
	Manager, of the
	Over-allotment
	Warrant issued
	by Ekopak SA/NV
	on 17 March
	2021, and at the
	latest on 4 May
	2021
TOTAL		231.998	1,62%

TOTAL (A & B)	# of voting rights	% of voting rights
	6.252.358	43,57%

• Chain of control: Marc Coucke controls Alychlo NV/SA and Mylecke Management, Art & Invest NV/SA.
• Additional information: the "closing" of the admission to trading of Ekopak NV/SA occurred on 6 April 2021.

This press release is available on: www.ekopaksustainablewater.com/ir.

For more information, please contact

Pieter Loose

CEO

Pieter@ekopak.be

+32 (0) 475 40 38 71

Els De Keukelaere

CFO

els@ekopak.be

+32 (0) 51 75 51 05

About Ekopak

Ekopak is an ESG-driven (environmental, social and governance) off-grid water solution company. The Company's solutions allow industrial customers to reduce their water consumption in a sustainable, reliable and cost-effective manner. Ekopak focuses on optimizing customer water use through containerized water purification units that transform off-grid water sources such as rain-, surfaceand/or wastewater into cleaner water that can be used and reused in the customer's industrial processes. By allowing water to be cleaned and reused, Ekopak's systems turn water consumers into water producers. The resulting circular water systems save customers money by producing clean water for industrial processes at a substantially lower cost per cubic meter than traditional tap water sources. At the same time, by using water more efficiently, and in many cases recapturing heat from wastewater that would otherwise be lost upon discharge, Ekopak's solutions allow industrial water consumers to make measurable progress toward their water-related and CO2 reduction ESG targets. Read more at: https://ekopaksustainablewater.com/.