Major Shareholding Notification • Feb 3, 2025
Major Shareholding Notification
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PRESS RELEASE | BRUSSELS, 3 February 2025, 8.00 PM – Elia Group (Euronext: ELI)
Pursuant to Article 14 of the law of 2 May 2007 on the disclosure of large shareholdings, Elia Group SA/NV announces that has received a transparency notification dated 31 January 2025 from Katoen Natie Group S.A. (having its registered offices at 15, Boulevard Joseph II, L-1840 Luxembourg, Luxembourg).
Katoen Natie Group S.A. has notified that, following an acquisition of Elia Group shares with voting rights by its affiliates, its shareholding in Elia Group has increased and has crossed the 10%-threshold on 24 January 2025.
On 24 January 2025, Katoen Natie Group S.A. (taking into account the holding of its affiliates) owned 7 361 429 Elia Group shares with voting rights (versus 3 157 624 shares in its previous notification dated 29 October 2014), representing 10.01% of the total number of shares issued by the company (73 521 823) (versus 5.21% in the notification dated 29 October 2014).
The transparency notification dated 31 January 2025 includes the following information:

| Name | Address (for legal entities) | ||
|---|---|---|---|
| Katoen Natie Terminals NV | Van Aerdtstraat 33, 2060 Antwerpen, België | ||
| Ghent Handling and Distribution NV | Skaldenstraat 142, 9042 Gent, België | ||
| Indaver NV | Ketenislaan(KAL) 1, 9130 Beveren-Kruibeke-Zwijndrecht, België | ||
| Indaver Plastics Recylcling NV | Boomsesteenweg 199, 2830 Willebroek, België | ||
| Jongerius Technology NV | Lieven Gevaertstraat 11, 2950 Kapellen, België | ||
| Katoen Natie Bulk Terminals NV | Haandorpweg(KAL) 1, 9130 Beveren-Kruibeke-Zwijndrecht, België | ||
| Global Ré SA | 15, Boulevard Joseph II, L-1840 Luxembourg, Luxemburg | ||
| Katoen Natie NV | Van Aerdtstraat 33, 2060 Antwerpen, België | ||
| Polymer Processing NV | Ketenislaan(KAL) 1, 9130 Beveren-Kruibeke-Zwijndrecht, België | ||
| Sabeen NV | Eddastraat 32, 9042 Gent, België | ||
| Seaport Terminals Belgium NV | Haandorpweg(KAL) 1, 9130 Beveren-Kruibeke-Zwijndrecht, België | ||
| West Logistics NV | Ketenislaan(KAL) 1, 9130 Beveren-Kruibeke-Zwijndrecht, België | ||
| Katoen Natie International S.A. | 15, Boulevard Joseph II, L-1840 Luxembourg, Luxemburg | ||
| Katoen Natie Group S.A. | 15, Boulevard Joseph II, L-1840 Luxembourg, Luxemburg | ||
| Ferdinand Huts |

| 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 |
||
| Ferdinand Huts | 0 | 0,00% | ||||
| Katoen Natie Group SA | 0 | 0 | 0,00% | |||
| Katoen Natie International SA | 0 | 0,00% | ||||
| Katoen Natie Terminals NV | 374.135 | 0,51% | ||||
| Ghent Handling and Distribution NV | 500.000 | 299.310 | 0,41% | |||
| Indaver NV | 1.389.654 | 1,89% | ||||
| Indaver Plastics Recylcling NV | 342.068 | 0,47% | ||||
| Jongerius Technology NV | 1.817.047 | 374.136 | 0,51% | |||
| Katoen Natie Bulk Terminals NV | 999.821 | 1,36% | ||||
| Global Ré SA | 164.164 | 0,22% | ||||
| Katoen Natie NV | 1.078.981 | 1,47% | ||||
| Polymer Processing NV | 840.577 | 288.620 | 0,39% | |||
| Sabeen NV | 983.448 | 1,34% | ||||
| Seaport Terminals Belgium NV | 853.300 | 1,16% | ||||
| West Logistics NV | 213.792 | 0,29% | ||||
| Subtotaal | 3.157.624 | 7.361.429 | 10,01% | |||
| TOTAAL | 7.361.429 | 0 | 10,01% | 0,00% |
| B) Equivalent financial instruments | After the transaction | |||||
|---|---|---|---|---|---|---|
| Holders of equivalent financial instruments |
Type of financial instrument | Expiration date Exercise period or date |
# of voting rights that may be acquired if the instrument is exercised |
% of voting rights | Settlement | |
| TOTAAL | 0 | 0,00% |
| TOTAAL (A & B) | % stemrechten | |||
|---|---|---|---|---|
| BEREKENEN | 7.361.429 | 10,01% |

Katoen Natie Terminals NV has as its sole shareholder Katoen Natie International SA.
Ghent Handling and Distribution NV has Katoen Natie International SA as its sole shareholder.
Indaver NV has Indaver Holding NV as sole shareholder. Indaver Holding NV has as its sole shareholder Katoen Natie International SA.
Indaver Plastics Recycling NV has Indaver NV as sole shareholder. Indaver NV has Indaver Holding NV as sole shareholder. Indaver Holding NV has Katoen Natie International SA as its sole shareholder.
Jongerius Technology NV has Katoen Natie International SA as its sole shareholder.
Katoen Natie Bulk Terminals NV has Katoen Natie International SA as its sole shareholder.
Global Ré SA has Katoen Natie International SA as its sole shareholder.
Katoen Natie NV has as its sole shareholder Katoen Natie International SA.
Polymer Processing NV has as its sole shareholder Katoen Natie International SA.
Sabeen NV has as its sole shareholder Katoen Natie International SA.
Seaport Terminals Belgium NV has as its sole shareholder General Services Antwerp NV. General Services Antwerp has as its sole shareholder Katoen Natie International SA.
West Logistics NV has as its sole shareholder Katoen Natie International SA.
Katoen Natie International S.A. has as its sole shareholder Katoen Natie Group S.A. Katoen Natie Group S.A. is controlled by Mr. Ferdinand Huts in accordance with articles 1:14-1:18 of the Company and Associations Code.
• Additional information: Global Ré SA acquired 50,000 additional shares crossing the 10% threshold on 24 January 2025
This press release and the detailed transparency notification are available on Elia Group SA/NV's website.
An updated overview of the Elia Group SA/NV large shareholdings is available also on Elia Group SA/NV's website.

Elia Group is a key player in electricity transmission. We ensure that production and consumption are balanced around the clock, supplying 30 million end users with electricity. Through our subsidiaries in Belgium (Elia) and the north and east of Germany (50Hertz), we operate 19,460.5 km of high-voltage connections, meaning that we are one of Europe's top 5 transmission system operators. With a reliability level of 99.99%, we provide society with a robust power grid, which is important for socioeconomic prosperity. We also aspire to be a catalyst for a successful energy transition, helping to establish a reliable, sustainable and affordable energy system.
By expanding international high-voltage connections and incorporating ever-increasing amounts of renewable energy into our grid, we are promoting both the integration of the European energy market and the decarbonisation of society. We also continuously optimise our operational systems and develop new market products so that new technologies and market parties can access our grid, thus further facilitating the energy transition.
As a key player in the energy system, Elia Group is committed to working in the interest of society. We are responding to the rapid increase in renewable energy by constantly adapting our transmission grid. We also ensure that investments are made on time and within budget, with a maximum focus on safety. In carrying out our projects, we manage stakeholders proactively by establishing two-way communication channels between all relevant parties very early on in the development process. We also offer our expertise to different players across the sector in order to build the energy system of the future.
In addition to its activities as a transmission system operator, Elia Group provides consulting services to international customers through its subsidiary Elia Grid International. In recent years, the Group has launched new non-regulated activities such as re.alto - the first European marketplace for the exchange of energy data via standardised energy APIs - and WindGrid, a subsidiary which will continue to expand the Group's overseas activities, contributing to the development of offshore electricity grids in Europe and beyond.
The legal entity Elia Group is a listed company whose core shareholder is the municipal holding company Publi-T.
eliagroup.eu
Yannick Dekoninck | M +32 478 90 13 16 | [email protected] Stéphanie Luyten | M +32 467 05 44 95 | [email protected] Corporate Communication Marleen Vanhecke | M +32 486 49 01 09 | [email protected]
Boulevard de l'Empereur 20 | Keizerslaan 20 | 1000 Brussels | Belgium
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