What's cooking? (formerly: Ter Beke)

AGM Information • May 27, 2021

PRESS RELEASE Regulated information

Lievegem, 27 May 2021 – 5:45 p.m.

Ter Beke Shareholders' Meeting

Ter Beke's Shareholders' Meeting took place on May 27, 2021. Because of the Covid 19 pandemic, shareholders were requested to vote prior to the meeting or to provide a power of attorney. The meeting was broadcasted via webcast.

The Shareholders' meeting reappointed Mr Dominique Eeman (Deemanco BV) as independent director for a 4 year term.

The Shareholders' meeting also appointed KPMG Bedrijfsrevisoren BV, represented by Mr Filip De Bock, as the new statutory auditor, for a 3 year term.

The General Assembly finally approved the distribution of the 2020 gross dividend of EUR 4.00 (EUR 2.80 net, after deduction of 30% withholding tax). As previously announced, the board of directors will offer the dividend in the form of an optional dividend. The terms and conditions will be published shortly.

Meanwhile, the minutes of the meeting have been published on the Ter Beke website.

The board of directors continues its search for a new CEO. It maintains its earlier guidance for 2021.

(end of press release)

Contacts

For questions about this press release or for further information, please contact:

Francis Kint* Yves Regniers° CEO CFO Tel. +32 9 370 13 17 Tel. +32 9 370 13 17 francis.kint@terbeke.com yves.regniers@terbeke.com

* Permanent representative of BV Argalix ° Permanent representative of BV Esroh

You can also consult this press release and send your questions to us via the Investor Relations module

of our website (www.terbeke.com).

For more information about Ter Beke, visit www.terbeke.com.

Financial calendar

Results first semester of 2021: 27 August 2021 before market opening