Ekopak NV — Major Shareholding Notification 2021

Apr 14, 2021

PRESS RELEASE

Publication of transparency notifications

Tielt (Belgium), 14 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 8 April 2021, Pilovan BV/SRL held 5.280.714 shares, representing in the aggregate 35,62% of the total number of voting rights (14.824.642).

The notification dated 14 April 2021 contains the following information:

• Reason for the notification:
• 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: 8 April 2021
• Threshold that is crossed: 35%
• Denominator: 14.824.642
• 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	0,00%	0,00%
Pilovan BV/SRL	5.039.498	5.280.714	0	35,62%	0,00%
	TOTAL	5.280.714	0	35,62%	0,00%

TOTAL (A & B)	# of voting rights	% of voting rights

5.280.714	35,62%

• Chain of control: Pieter Loose controls Pilovan BV/SRL.
• Additional information: the repayment of the share loan, with the shares that were issued following the exercise of the over-allotment warrant, took place on 8 April 2021.

2 Marc Coucke Alychlo NV/SA

Marc Coucke has announced that, on 8 April 2021, Alychlo NV/SA and Mylecke Management, Art & Invest NV/SA together held 6.252.358 shares, representing in the aggregate 42,18% of the total number of voting rights (14.824.642).

The notification dated 14 April 2021 contains the following information:

• Reason for the notification:
• 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: 8 April 2021
• Threshold that is crossed: 40%
• Denominator: 14.824.642
• 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	0,00%	0,00%
Alychlo NV/SA	5.841.788	6.073.786	0	40,97%	0,00%
Mylecke Management, Art & Invest NV/SA	178.572	178.572	0	1,20%	0,00%
Subtotal	6.020.360	6.252.358		42,18%	0,00%
	TOTAL	6.252.358	0	42,18%	0,00%

TOTAL (A & B)	# of voting rights	% of voting rights
	6.252.358	42,18%

• Chain of control: Marc Coucke controls Alychlo NV/SA and Mylecke Management, Art & Invest NV/SA.
• Additional information: the repayment of the share loan, with the shares that were issued following the exercise of the over-allotment warrant, took place on 8 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/.