Orange Belgium S.A.

Major Shareholding Notification • Nov 6, 2025

Transparency notification Form TR-1 BE PART I

Final

2) Issuer

Name ORANGE BELGIUM Identification number 0456-810-810

3) Reason for the notification

Acquisition or disposal of voting securities or voting rights

² +

4) Notification by

A parent undertaking or a controlling person

5) Persons subject to the notification requirement

Name	Address (for legal entities)
TFG Asset Management UK LLP	4 Sloane Terrace, London, SW1X 9DQ
Reade Eugene Griffith	4 Sloane Terrace, London, SW1X 9DQ

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

Name	Address (for legal entities)

Please continue entering the information in part II concerning the persons referred to in Sections 5 and 6

Part II

7) Date on which the threshold is crossed

27/10/2025 (DD/MM/YYYY)

8) Threshold that is crossed (in %)

9) Denominator

67,412,205

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
Reade Eugene Griffith	0	0		0.00%
TFG Asset Management UK LLP	1,692,630	2,019,604		3.00%
Subtotal	1,692,630	2,019,604		3.00%
	TOTAL	2,019,604	0	3.00%	0.00%

		After ti	he 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
FFG Asset Management UK LLP	Swap	29/10/2025		47,714	0.07%
FFG Asset Management UK LLP	Swap	31/12/2025		339,823	0.50%
FFG Asset Management UK LLP	Swap	27/03/2026		257,223	0.38%
FFG Asset Management UK LLP	Swap	28/04/2026		30,000	0.04%
FFG Asset Management UK LLP	Swap	26/06/2026		500,000	0.74%
FFG Asset Management UK LLP	Swap	08/07/2026		1,454,743	2.16%
FFG Asset Management UK LLP	Swap	28/08/2026		964,414	1.43%
FFG Asset Management UK LLP	Swap	31/08/2026		3,022,428	4.48%
FG Asset Management UK LLP	Swap	29/12/2026		39,724	0.06%
FFG Asset Management UK LLP	Swap	27/01/2027		26,228	0.04%
FFG Asset Management UK LLP	Swap	24/02/2027		23,651	0.04%
FFG Asset Management UK LLP	Swap	25/03/2027		24,448	0.04%
	TOTAL			6,730,396	9.98%
0	TOTAL (A & B)	on		# of voting rights	% of voting rights
					,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,
			CALCULATE	8,750,000
	Reade Eugene Griffith (natural person) controls TFG A	Asset Management UK	CLLP.
	Reade Eugene Griffith (natural person) controls TFG i	Asset Management UK	(LLP.
12) In case of proxy voting		Asset Management UK	(LLP.
12) In case of proxy voting t	for only one GM	Asset Management UK will cease to hold / will hold again	CLLP.		voting rights as of	(DD/MM/YYYY
	for only one GM	will cease to hold /			voting rights as of	(DD/MM/YYYY
Holde 13) Additional information This notification relates to a reaching o	for only one GM	will cease to hold / will hold again	0	(i) equivalent financ
Holde 13) Additional information This notification relates to a reaching o	for only one GM of the 3.00 per cent threshold in voting rights. No threshol	will cease to hold / will hold again	0	(i) equivalent financ
Holde 13) Additional information This notification relates to a reaching o	for only one GM of the 3.00 per cent threshold in voting rights. No threshol	will cease to hold / will hold again	0	(i) equivalent financ

30/10/2025 (DD/MM/YYYY)

Name & capacity Nina Scott, Head of European Regulatory & Compliance Signature

For security reasons, the unsigned form in xlsx format should be transmitted to trp.fin@fsma.be. You can do this manually OR if you have MS Outlook at your disposal via the "Save & Send" button.

In addition, a signed copy in PDF format should also be transmitted.