KBC Ancora SA — Major Shareholding Notification 2017

Jul 13, 2017

Press Release Regulated information Leuven, 13 July 2017 (17.40 hrs CEST) Transparency notification

Regulated information, Leuven, 13 July 2017

Publication of a transparency notification received by KBC Ancora SCA

(Section14, first subsection, of the Act of 2 May 2007 on disclosure of major holdings)

Summary of the notification

KBC Ancora has received a transparency notification dated 5 July 2017 indicating that Parvus Asset Management Europe Limited, controlled by Mr Edoardo Mercadante, by virtue of acquisition or transfer of shares, has downwardly crossed the notification threshold of 1%.

Content of the notification

	Acquisition or transfer of voting rights or
Reason for the notification	securities conferring a voting right –
	Downward crossing of the lowest threshold (1%)
Notification by	A parent undertaking or a controlling person
Person subject to the notification	Parvus Asset Management Europe Limited – UK
requirement	Private Limited company/Edoardo Mercadante
Transaction date	29 June 2017
Threshold that has been crossed	1% (downwards)
	In addition to the thresholds of 5% and any
	multiple thereof, the statutory thresholds of 1%
	and 3% also apply for KBC Ancora
Denominator	78,301,314
Chain of controlled undertakings	Parvus Asset Management Europe Limited is appointed investment manager to several funds, which in aggregate hold the voting rights disclosed above. Parvus Asset Management Europe Limited is able to exercise the voting rights at its discretion towards its clients. Mr. Edoardo Mercadante is the controller of Parvus Asset Management Europe Limited and can therefore influence the decision of the firm on how to exercise the voting rights

Press Release Regulated information Leuven, 13 July 2017 (17.40 hrs CEST) Transparency notification

Miscellaneous

This press release and the accompanying notification and other notifications may be consulted on the website of KBC Ancora, www.kbcancora.be, under 'Shareholders'/'Transparency reports'

KBC Ancora is a listed company which holds 18.5% of the shares in KBC Group and which together with Cera, MRBB and the Other Permanent Shareholders is responsible for the shareholder stability and further development of the KBC group. As core shareholders of KBC Group, these parties have signed a shareholder agreement to this effect.

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This press release is available in Dutch, French and English on the website www.kbcancora.be.

KBC Ancora Investor Relations & Press contact: Jan Bergmans / Luc De Bolle Tel.: +32 (0)16 279672 / +32 (0)16 279660 e-mail: jan.bergmans@kbcancora.be / luc.ldb.debolle@kbcancora.be e-mail (general enquiries): mailbox@kbcancora.be