Umicore — Director's Dealing 2022

Sep 26, 2022

Press release Regulated information September 26th 2022 - 18:30 CEST

Transparency notification by Bank of America

In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings Bank of America has recently notified Umicore that it has crossed the statutory threshold of 5% for the total of direct voting rights + equivalent financial instruments.

Summary of the moves:

Date on which the threshold was crossed	Date of notification	Direct voting rights after the transaction	Equivalent financial instruments after the transaction	Total
12 September 2022	21 September 2022	2.28%	3.63%	5.91%

The most recent notification contains the following information:

• Date of notification: September 21st 2022
• Date on which the threshold is crossed: September 12th 2022
• Threshold of direct voting rights + equivalent financial instruments crossed upwards: 5%
• Notification by: Bank of America
• Denominator: 246,400,000
• Reason for notification: Acquisition or disposal of voting securities or voting rights
• Notification 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
Bank of America Corporation
Merrill Lynch International		4,744,702
Bank of America, NA		13,191

BofA Securities Europe SA		813,134	$\mathbf{0}$
BofA Securities, Inc.		8,026	$\Omega$
Managed Account Advisors, LLC		29,326	$\Omega$
U.S. Trust Co of Delaware		3,767	$\Omega$
Merrill Lynch, Pierce, Fenner & Smith Inc		655	$\Omega$
	TOTAL	5,612,801	$\bf{0}$	2.28%	0.00%

Start with "groups" of holders. Add subtotals with $\Sigma$ , 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 b O

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
Merrill Lynch International	Right to Recall			48,890	0.02%	physical	٠
BofA Securities Europe SA	Right to Recall			350,579	0.14%	physical	٠
BofA Securities, Inc.	Right to Recall			136,916	0.06%	physical	٠
Merrill Lynch International	Rights of Use			22,697	0.01%	physical	٠
BofA Securities Europe SA	Rights of Use			26,543	0.01%	physical	×.
Merrill Lynch International	Call Option	16/12/2022		260,000	0.11%	physical	٠
BofA Securities Europe SA	Swap	31/10/2022		12.852	0.01%	cash	٠
BofA Securities Europe SA	Swap	30/06/2023		37,000	0.02%	cash	×
BofA Securities Europe SA	Swap	15/09/2023		504,574	0.20%	cash	٠
Bank of America, NA	Swap	31/07/2024		26,269	0.01%	cash	٠
Bank of America, NA	Swap	05/05/2029		55	0.00%	cash	×.
Bank of America, NA	Swap	12/10/2022		818,000	0.33%	cash	٠
Bank of America, NA	Bwap	26/10/2022		890,000	0.36%	cash	×
Merrill Lynch International	Bwap	24/04/2023		1.072.992	0.44%	cash	×.
Merrill Lynch International	Bwap	28/04/2023		1,429,680	0.58%	cash	×
Merrill Lynch International	Bwap	08/08/2023		106,187	0.04%	cash	×
Merrill Lynch International	Swap	26/08/2023		22,971	0.01%	cash	×.
Merrill Lynch International	Bwap	15/02/2023		364,254	0.15%	cash	×
Merrill Lynch International	Swap	28/02/2023		18,446	0.01%	cash	٠
Merril Lynch International	GEWE	31/01/2023		57,505	0.02%	cash	×.
Merrill Lynch International	Swap	25/07/2024		6,108	0.00%	cash	×
Merrill Lynch International	Bwap	31/07/2024		26,269	0.01%	cash	٠
Merrill Lynch International	Swap	13/06/2023		81,820	0.03%	cash	×.
Merrill Lynch International	Swap	25/06/2024		2,092	0.00%	cash	٠
Merrill Lynch International	Swap	08/03/2024		637	0.00%	cash	×
Merril Lynch International	Swap	15/03/2024		400	0.00%	cash	×.
Merrill Lynch International	Swap	05/05/2025		55	0.00%	cash	٠
Merrill Lynch International	Swap	16/11/2022		99,539	0.04%	cash	٠
Merrill Lynch International	Bwap	30/11/2023		114,818	0.05%	cash	×
Merrill Lynch International	Swap	06/10/2022		344,745	0.14%	cash	٠
Merrill Lynch International	Bwap	12/10/2022		818,000	0.33%	cash	×.
Merrill Lynch International	Bwap	31/10/2022		5,584	0.00%	cash	×.
Merrill Lynch International	Bwap	15/09/2022		324,000	0.13%	cash	×
Merrill Lynch International	Swap	15/09/2027		5,532	0.00%	cash	×.
Merrill Lynch International	Swap	25/09/2024		11,587	0.00%	cash	×.
Merrill Lynch International	qawB	26/09/2022		890,000	0.36%	cash	÷
	TOTAL			8,937,596	3.63%

The totals will be updated once you have clicked on O

TOTAL (A & B)		# of voting rights % of voting rights
	CALCULATE	14,550,397	5.91%

The chain of control has been described at the end of the notification and can be found here.

For more information

Investor Relations
Eva Behaeghe	+32 2 227 70 68	eva.behaeghe@umicore.com
Adrien Raicher	+32 2 227 70 68	adrien.raicher@umicore.com

About Umicore

Umicore is the circular materials technology Group. It focuses on application areas where its expertise in materials science, chemistry and metallurgy makes a real difference. Its activities are organised in three business groups: Catalysis, Energy & Surface Technologies and Recycling. Each business group is divided into market-focused business units offering materials and solutions that are at the cutting edge of new technological developments and essential to everyday life.

Umicore generates the majority of its revenues and dedicates most of its R&D efforts to clean mobility materials and recycling. Umicore's overriding goal of sustainable value creation is based on an ambition to develop, produce and recycle materials in a way that fulfils its mission: materials for a better life.

Umicore's industrial and commercial operations as well as R&D activities are located across the world to best serve its global customer base. The Group generated revenues (excluding metal) of € 2.1 billion (turnover of €13.8 billion) in the first half of 2022 and currently employs 11,350 people.