Ontex Group NV — Major Shareholding Notification 2018

Jul 20, 2018

PRESS RELEASE Regulated information

Ontex: Transparency Declaration Notification

Disclosure made according to the requirements of Article 14 of the law of 2 May 2007

Aalst-Erembodegem (Belgium), 20 July 2018 – Ontex Group NV ("Ontex") discloses the notifications of significant shareholdings that it has received according to the Belgian Law of 2 May 2007 on the disclosure of significant shareholdings in listed companies.

On 18 July 2018, Black Creek Investment Management Inc. notified Ontex that it had, as a result of sale of shares, crossed below the threshold of 3.00% of the total number of voting rights in Ontex.

On 19 July 2018, Harris Associates LP notified Ontex that it had, as a result of sales of shares, crossed below the threshold of 5.00% of the total number of voting rights in Ontex.

According to its obligation Ontex publishes the content of the notifications that it has received.

Date of Notifications: 18 and 19 July 2018

Date Threshold Crossed: 16 and 11 July 2018

Thresholds Crossed: 3.00% and 5.00%

Notifications by:

Black Creek Investment	123 Front Street West, Suite 1200, Toronto, Ontario, Canada, M5J
Management Inc.	2M2
Harris Associates LP	1209 N Orange St, Wilmington, Delaware 19801, USA

Denominator on the date of notification: 82,347,218 shares

Voting rights and assimilated financial instruments:

Notification from Black Creek Investment Management Inc.

	Previous Notification	After the transaction
(A) Voting rights	# voting rights	# voting rights		% of voting rights
Holders of		Linked to Not linked		Linked to	Not linked
voting rights		securities	to securities	securities	to securities

Black Creek Investment Management Inc.	2,866,686	2,431,844	0	2.95%	0.00%
Total		2,431,844	0	2.95%	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
TOTAL				0	0.00%

	# of voting rights	% of voting rights
TOTAL (A + B)	2,431,844	2.95%

Chain of controlled entities through which the shareholding is effectively owned:

Black Creek Investment Management Inc. is not a controlled entity.

Additional information

Black Creek Investment Management Inc. acts as discretionary investment manager and holds voting rights attached to shares on behalf of its clients. The disclosure obligation arose due to Black Creek Investment Management Inc.'s voting rights crossing below 3%. Black Creek Investment Management Inc. can exercise the voting rights in its discretion, without any instruction from its clients.

Notification from Harris Associates LP

	Previous Notification	After the transaction
(A) Voting rights	# voting rights	# voting rights		% of voting rights
Holders of		Linked to	Not linked	Linked to	Not linked
voting rights		securities to securities		securities	to securities
Harris Associates LP	4,233,300	4,116,500 0		5.00%	0.00%
Total		4,116,500	0	5.00%	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
TOTAL				0	0.00%

	# of voting rights	% of voting rights
TOTAL (A + B)	4,116,500	5.00%

Chain of controlled entities through which the shareholding is effectively owned:

Harris Associates L.P. (""Harris"") is an indirect wholly-owned subsidiary of Natixis Investment Managers, L.P., which is an indirect subsidiary of Natixis Investment Managers, an international asset management group based in Paris, France. Natixis Investment Managers is owned by Natixis, a French investment banking and financial services firm. Natixis is principally owned by BPCE, France's second largest banking group. BPCE is owned by banks comprising two autonomous and complementary retail banking networks consisting of the Caisse d'Epargne regional savings banks and the Banque Populaire regional cooperative banks.

Harris is an SEC registered investment adviser organized in the United States, which makes investments, including the Belgian holding at issue, on behalf of clients. Harris does not make investments in Belgian securities for its own account. Harris exercises voting rights for clients independently from its direct and indirect parent companies, including Natixis Investment Managers and its other subsidiaries.

Additional information

Harris Associates LP is the appointed investment manager to several accounts, which in aggregate hold the voting rights disclosed above. Harris Associates LP can exercise the voting rights at its discretion in the absence of specific instructions from the relevant undertaking of collective investments. This notification is to inform you of the downward crossing of the 5% transparency threshold as of 11 July 2018, to 4.9990%.

Notifications of significant shareholdings to be made according to the Law of 2 May 2007 should be sent to: investorrelations@ontexglobal.com

This notification will be posted on:http://www.ontexglobal.com/press-room

INVESTOR ENQUIRIES

Philip Ludwig +32 53 333 730 investorrelations@ontexglobal.com

PRESS ENQUIRIES

Gaëlle Vilatte +32 53 333 708 gaelle.vilatte@ontexglobal.com

About Ontex

Ontex is a leading international provider of personal hygiene solutions, with expertise in baby care, feminine care and adult care. Ontex's innovative products are distributed in more than 110 countries through Ontex brands such as BBTips, BioBaby, Pompom, Bigfral, Canbebe, Canped, ID and Serenity, as well as leading retailer brands.

Employing 11,000 passionate people all over the world, Ontex has a presence in 22 countries, with its headquarters in Aalst, Belgium. Ontex is part of the Bel20 and STOXX® Europe 600. To keep up with the latest news, visit www.ontexglobal.com or follow us on LinkedIn.