Orange Belgium S.A. — Major Shareholding Notification 2021

May 28, 2021

1) Status of the notification

	Final
2) Issuer
	Name ORANGE BELGIUM

3) Reason for the notification

Acquisition or disposal of voting securities or voting rights
Acquisition or disposal of financial instruments that are treated as voting securities

4) Notification by

A parent undertaking or a controlling person

5) Persons subject to the notification requirement

Identification number 0456-810-810

Name	Address (for legal entities)
Polygon Global Partners LLP	4 Sloane Terrace, London, SW1X 9DQ	-
Reade Eugene Griffith		+

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

8) Threshold that is crossed (in %)

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
Polygon Global Partners LLP	1,657,000	1,349,933		2.25%
Reade Eugene Griffith	0	0		0.00%
Subtotal	1,657,000	1,349,933		2.25%
	TOTAL	1,349,933	0	2.25%	0.00%

² - ³ +

² +

Start with "groups" of holders. Add subtotals with S, 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
Polygon Global Partners LLP	Swap	26/10/2023		200,000	0.33%	cash	-
Polygon Global Partners LLP	Swap	28/02/2022		346,000	0.58%	cash	-
Polygon Global Partners LLP	Swap	23/05/2022		500,000	0.83%	cash	-
Polygon Global Partners LLP	Swap	30/06/2021		500,000	0.83%	cash	-
Polygon Global Partners LLP	Swap	30/11/2021		320,000	0.53%	cash	+
	TOTAL			1,866,000	3.11%

The totals will be updated once you have clicked on

TOTAL (A & B)			# of voting rights % of voting rights
	CALCULATE	3,215,933	5.36%

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

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

Polygon Global Partners LLP held 3,203,000 shares in Orange Belgium. Following the transactions of 24 May 2021, Polygon Global Partners LLP held at that time 1,349,933 shares and 1,866,000 shares on
a swap position resulting in 3.215.933 shares in total.
Done at London, United Kingdom
On 27/05/2021 (DD/MM/YYYY)
Name & capacity Nina Scott, Compliance Officer	+ Signature