Lotus Bakeries NV

Pre-Annual General Meeting Information • Apr 14, 2020

Right to ask questions

INFORMAL TRANSLATION The following informal English translation is provided for informational purposes only. The legally binding text is the Dutch language one.

IMPORTANT ANNOUNCEMENT IN LIGHT OF THE CORONAVIRUS: Due to the outbreak of COVID-19, as well as the decisions by the National Security Council relating to this outbreak, the Board of Directors wishesto organise the Ordinary and Extraordinary Shareholders' Meeting of 8 May 2020 behind closed doors. It encourages all shareholders to participate to the Shareholders' Meeting by means of appointment of a proxy holder.

Each shareholder is entitled to ask questions to the Board of Directors or the auditor of Lotus Bakeries NV. The Board of Directors encourages the shareholders to only submit written questions and will answer these questions in writing too. These answers will be published on the website of the company: www.lotusbakeries.com. Where necessary, the answer to different questions about the same subject, will be grouped together in accordance with article 7:139 of the Belgian Companies and Associations Code.

Lotus Bakeries NV should receive all prior written questions from the shareholders at the latest by 1 May 2020 at 5.00 PM (Belgian time).

In accordance with article 7:139 of the Belgian Companies and Associations Code, a written question asked within this time limit will be answered, provided that:

• ✓ the question relates to the items on the agenda of the Shareholders' Meeting;
• ✓ the disclosure of information or facts is not detrimental to Lotus Bakeries' interests or the confidentiality obligations entered into by Lotus Bakeries NV or its directors; and
• ✓ the shareholder asking the question meets the conditions concerning participation in the Shareholders' Meeting, in particular registration as a shareholder on the registration date of Friday 24 April 2020 at 12.00 PM (Belgian time) and confirmation of participation to the Shareholders' Meeting on 1 May 2020 at 12.00 PM at the latest.

Any written question must be addressed to Lotus Bakeries NV by e-mail to corporate@lotusbakeries.com