Elia Group NV/SA — Share Issue/Capital Change 2019

Jun 19, 2019

19 JUNE 2019 – 18h CET

Disclosure in accordance with article 15 of the Belgian Act of 2 May 2007

REGULATED INFORMATION

As a result of its EUR 434.8 million rights offering, Elia System Operator NV/SA issued 7,628,104 new shares, as recorded in a notarial deed dated 18 June 2019.

In accordance with article 15 of the Belgian Act of 2 May 2007 on the disclosure of major holdings in issuers whose shares are admitted to trading on a regulated market and containing miscellaneous provisions, Elia System Operator NV/SA (the "Company") hereby confirms that, as at 18 June 2019, its capital structure is as follows:

Total capital
€ 1,712,332,261.62
Total number of securities conferring voting rights (by class)
Class A	1,717,600
Class B	36,213,268
Class C	30,722,070
Total	68,652,938
Total number of voting rights (by class)
Class A	1,717,600
Class B	36,213,268
Class C	30,722,070
Total (*)	68,652,938

(*) Denominator for notification purposes in the framework of the transparency rules.

There are no bonds convertible into securities conferring voting rights, no rights to subscribe for securities conferring voting rights that are yet to be issued (whether or not in the form of securities), nor any shares without voting rights.

The applicable thresholds regarding the obligation to notify a major holding in the framework of the transparency rules, in accordance with article 18 of the abovementioned Belgian Act of 2 May 2007 and the articles of association of the Company, are the following: 5%, 10%, 15%, 20% and further multiples of 5%.

Any notification must be addressed to the Company and to the FSMA in accordance with the abovementioned Belgian Act of 2 May 2007 and its implementing provisions.

For further information please contact:

.

Investor Relations – Yannick Dekoninck - +32 2 546 70 76 - +32 47 890 13 16 - investor.relations@elia.be Media – Marleen Vanhecke - +32 2 546 71 32 - +32 486 49 01 09 - marleen.vanhecke@elia.be

IMPORTANT INFORMATION

These materials do not constitute or form a part of any offer or solicitation to purchase or subscribe for securities in the United States. The Shares mentioned herein have not been, and will not be, registered under the US Securities Act of 1933 (the "Securities Act"). The Shares may not be offered or sold in the United States absent registration or pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There will be no public offer of securities in the United States.

These materials (and the information contained herein) are not for release, publication or distribution, directly or indirectly, in whole or in part, into or within any jurisdiction where to do so might constitute a violation of the relevant laws or regulations of such jurisdiction.

About the Elia Group

ONE OF EUROPE'S TOP FIVE PLAYERS

The Elia Group is active in electricity transmission. We ensure that production and consumption are balanced around the clock, supplying 30 million end users with electricity. With subsidiaries in Belgium (Elia) and north-east Germany (50Hertz), we operate 18,990 km of high-voltage connections. As such, our group is one of Europe's top 5. With a reliability level of 99.999%, we give society a robust power grid, which is important for socio-economic prosperity. We also aspire to be a catalyst for a successful energy transition towards a reliable, sustainable and affordable energy system.

WE MAKE THE ENERGY TRANSITION HAPPEN

By expanding international high-voltage connections and integrating ever-increasing amounts of renewable energy production, the Elia Group promotes both the integration of the European energy market and the decarbonisation of our society. The Elia Group is also innovating its operational systems and developing market products so that new technologies and market parties can access our grid, thus making the energy transition happen.

Headquarters

Elia System Operator Boulevard de l'Empereur 20 1000 Brussels – Belgium

50Hertz GmbH Heidestraße 2 D-10557 Berlin – Germany

IN THE INTEREST OF SOCIETY

As a key player in the energy system, the Elia Group is committed to working in the interest of society. We respond to the rapidly changing energy mix, i.e. the increase in renewable energy, and constantly adapt our transmission grid. We also ensure that investments are made on time and within budget, with a maximum focus on safety. When we carry out our projects, we manage stakeholders proactively by establishing two-way communication with all affected parties very early on in the development process. We also offer our expertise to our sector and relevant authorities to build the energy system of the future.

INTERNATIONAL FOCUS

In addition to its activities as a transmission system operator, the Elia Group provides various consulting services to international customers through its subsidiary Elia Grid International (EGI). Elia also controls Eurogrid International, the holding company above the German TSO 50Hertz. Elia is also part of the Nemo Link consortium that is operating the first subsea electrical interconnector between Belgium and the UK.

The Group operates under the legal entity Elia System Operator, a listed company whose core shareholder is the municipal holding company Publi-T.

www.elia.be/www.eliagroup.eu