Orange Belgium S.A. — Director's Dealing 2021

Feb 3, 2021

2) Issuer

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0

0

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^A +

1) Status of the notification

	Final
	Name ORANGE BELGIUM
Identification number 0456-810-810

3) Reason for the notification

Acquisition or disposal of financial instruments that are treated as voting securities
Downward crossing of the lowest threshold

4) Notification by

A parent undertaking or a controlling person

5) Persons subject to the notification requirement

Name		Address (for legal entities)
UBS Group AG		Bahnhofstrasse 45, 8001 Zürich	+

6) Persons that dispose of voting rights (only to be filled in if art. 7 of the Law applies)

7) Date on which the threshold is crossed

29/01/2021 (DD/MM/YYYY)

8) Threshold that is crossed (in %)

persons referred to in Sections 5 and 6

If the holding has fallen below the lowest threshold, you have the option of not entering any numbers in Section 10

3

9) Denominator

60,014,414 Please enter the denominator before filling in the data

10) Notified details

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
UBS Group AG	0
UBS AG	165,383
UBS Asset Management (UK) Limited	11,192
UBS Asset Management Trust Company	1,210
UBS Fund Management (Luxembourg) S.A.	5,585
UBS Fund Management (Switzerland) AG	14,192

Subtotal	197,562			S	+
	TOTAL

Start with "groups" of holders. Add subtotals with Σ, and then finish with the persons who are "alone". For groups, start with the ultimate controlling natural person or legal entity.

The totals, subtotals and % will be updated once you have clicked on .

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
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TOTAL
The totals will be updated once you have clicked on
TOTAL (A & B)					# of voting rights % of voting rights
			CALCULATE

11) Full chain of controlled undertakings through which the holding is effectively held, if applicable

Please see full chain of control attached.

12) In case of proxy voting for only one GM

				(DD/MM/YYYY)
Holder	will cease to hold / will hold again	0	voting rights as of

13) Additional information

The disclosure obligation arose due to the total indirect holdings of UBS Group AG in voting rights of Orange Belgium SA, held directly by controlled undertakings falling below 3% on 29 January 2021. This
was caused by a reduction in the Trading Book holdings of the aforementioned entities below 5% and therefore being exempt from reporting.

	Done at Opfikon, Switzerland
On		03/02/2021 (DD/MM/YYYY)
Name & capacity Florian Naef		Signature
	Ewa Zajac	Signature