Umicore

Major Shareholding Notification • Apr 23, 2020

Press release Regulated information 23 April 2020 - 18:30 CEST

Transparency notifications by BlackRock, Inc.

1. Transparency notification of 22 April 2020

In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings BlackRock, Inc. has notified Umicore on 22 April 2020 that on 21 April 2020 it has crossed the statutory threshold of 5% downwards.

In total (direct voting rights + equivalent financial instruments) Blackrock Inc. holds 5.00% of Umicore's shares and voting rights.

Notification details:

• Date of notification: 22 April 2020
• Date on which the threshold is crossed: 21 April 2020
• Threshold of direct voting rights + equivalent financial instruments crossed downwards: 5%
• Notification by: BlackRock, Inc.
• Denominator: 246,400,000
• Notification details:

A) Voting rights

	Previous notification		After the transaction
Holders of voting rights	# voting rights	# voting rights	% voting rights
BlackRock, Inc.	0	0	0.00%
BlackRock (Netherlands) B.V.	30,794	30,794	0.01%
BlackRock (Singapore) Limited	3,774	3,774	0.00%
BlackRock Advisors (UK) Limited	902,040	940,864	0.38%
BlackRock Advisors, LLC	278,277	278,277	0.11%
BlackRock Asset Management Canada Limited	140,339	140,339	0.06%
BlackRock Asset Management Deutschland AG	297,246	301,836	0.12%
BlackRock Asset Management North Asia Limited	1,619	1,619	0.00%

BlackRock Financial Management, Inc.	17,610	17,610	0.01%
BlackRock Fund Advisors	2,668,631	2,663,155	1.08%
BlackRock Institutional Trust Company, National Association	2,830,597	2,831,758	1.15%
BlackRock International Limited	86,199	86,199	0.03%
BlackRock Investment Management (Australia) Limited	86,040	86,040	0.03%
BlackRock Investment Management (UK) Limited	2,010,112	1,882,307	0.76%
BlackRock Investment Management, LLC	313,308	313,890	0.13%
BlackRock Japan Co., Ltd.	91,975	32,697	0.01%
Subtotal	9,758,561	9,611,159	3.90%

B) Equivalent financial instruments

Holders of equivalent financial instruments	Type of financial instrument	# voting rights that may be acquired if the instrument is exercised	% voting rights	Settlement
BlackRock Advisors (UK) Limited	Securities Lent	835,790	0.34%	physical
BlackRock Investment Management (UK) Limited	Securities Lent	1,721,234	0.70%	physical
BlackRock Investment Management, LLC	Securities Lent	8,106	0.00%	physical
BlackRock Japan Co., Ltd.	Securities Lent	110,585	0.04%	physical
BlackRock Advisors, LLC	Contract for Difference	935	0.00%	cash
BlackRock Institutional Trust Company, National Association	Contract for Difference	23,964	0.01%	cash
BlackRock Investment Management (UK) Limited	Contract for Difference	1,441	0.00%	cash
Subtotal		2,702,055	1.10%

C) Total A & B

	# voting rights	% voting rights
TOTAL	12,313,214	5.00%

2. Transparency notification of 21 April 2020

In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings BlackRock, Inc. has notified Umicore on 21 April 2020 that on 20 April 2020 it has crossed the statutory threshold of 5% upwards.

In total (direct voting rights + equivalent financial instruments) Blackrock Inc. holds 5.00% of Umicore's shares and voting rights.

Notification details:

• Date of notification: 21 April 2020
• Date on which the threshold is crossed: 20 April 2020
• Threshold of direct voting rights + equivalent financial instruments crossed upwards: 5%
• Notification by: BlackRock, Inc.
• Denominator: 246,400,000
• Notification details:

	Previous notification	After the transaction
Holders of voting rights	# voting rights	# voting rights	% voting rights
BlackRock, Inc.	0	0	0.00%
BlackRock (Netherlands) B.V.	30,794	30,794	0.01%
BlackRock (Singapore) Limited	3,774	3,774	0.00%
BlackRock Advisors (UK) Limited	713,294	902,040	0.37%
BlackRock Advisors, LLC	278,277	278,277	0.11%
BlackRock Asset Management Canada Limited	140,339	140,339	0.06%
BlackRock Asset Management Deutschland AG	297,246	297,246	0.12%
BlackRock Asset Management North Asia Limited	1,619	1,619	0.00%
BlackRock Financial Management, Inc.	17,610	17,610	0.01%

A) Voting rights

BlackRock Fund Advisors	2,676,743	2,668,631	1.08%
BlackRock Institutional Trust Company, National Association	2,823,211	2,830,597	1.15%
BlackRock International Limited	86,199	86,199	0.03%
BlackRock Investment Management (Australia) Limited	86,040	86,040	0.03%
BlackRock Investment Management (UK) Limited	2,106,866	2,010,112	0.82%
BlackRock Investment Management, LLC	312,548	313,308	0.13%
BlackRock Japan Co., Ltd.	32,697	91,975	0.04%
Subtotal	9,607,257	9,758,561	3.96%

B) Equivalent financial instruments

Holders of equivalent financial instruments	Type of financial instrument	# voting rights that may be acquired if the instrument is exercised	% voting rights	Settlement
BlackRock Advisors (UK) Limited	Securities Lent	828,611	0.34%	physical
BlackRock Investment Management (UK) Limited	Securities Lent	1,593,429	0.65%	physical
BlackRock Investment Management, LLC	Securities Lent	8,106	0.00%	physical
BlackRock Japan Co., Ltd.	Securities Lent	110,585	0.04%	physical
BlackRock Advisors, LLC	Contract for Difference	375	0.00%	cash
BlackRock Institutional Trust Company, National Association	Contract for Difference	24,438	0.01%	cash
BlackRock Investment Management (UK) Limited	Contract for Difference	1,393	0.00%	cash
Subtotal		2,566,937	1.04%

C) Total A & B

	# voting rights	% voting rights
TOTAL	12,325,498	5.00%

The chain of control has been described at the end of the declaration.

3. Transparency notification of 20 April 2020:

In accordance with article 14, § 1 of the law of 2 May 2007 on disclosure of major holdings BlackRock, Inc. has notified Umicore on 20 April 2020 that on 17 April 2020 it has crossed the statutory threshold of 5% downwards.

In total (direct voting rights + equivalent financial instruments) Blackrock Inc. holds 4.96 % of Umicore's shares and voting rights.

Notification details:

• Date of notification: 20 April 2020
• Date on which the threshold is crossed: 17 April 2020
• Threshold of direct voting rights + equivalent financial instruments crossed downwards: 5%
• Notification by: BlackRock, Inc.
• Denominator: 246,400,000
• Notification details:

A) Voting rights

	Previous notification	After the transaction
Holders of voting rights	# voting rights	# voting rights	% voting rights
BlackRock, Inc.	0	0	0.00%
BlackRock (Netherlands) B.V.	30,794	30,794	0.01%
BlackRock (Singapore) Limited	3,774	3,774	0.00%
BlackRock Advisors (UK) Limited	1,100,032	713,294	0.29%
BlackRock Advisors, LLC	269,732	278,277	0.11%
BlackRock Asset Management Canada Limited	139,227	140,339	0.06%
BlackRock Asset Management Deutschland AG	300,476	297,246	0.12%
BlackRock Asset Management North Asia Limited	1,619	1,619	0.00%
BlackRock Financial Management, Inc.	14,714	17,610	0.01%
BlackRock Fund Advisors	2,657,052	2,676,743	1.09%
BlackRock Institutional Trust Company, National Association	2,759,910	2,823,211	1.15%
BlackRock International Limited	86,199	86,199	0.03%

BlackRock Investment Management (Australia) Limited	85,774	86,040	0.03%
BlackRock Investment Management (UK) Limited	1,770,316	2,106,866	0.86%
BlackRock Investment Management, LLC	439,069	312,548	0.13%
BlackRock Japan Co., Ltd.	32,697	32,697	0.01%
Subtotal	9,691,385	9,607,257	3.90%

B) Equivalent financial instruments

Holders of equivalent financial instruments	Type of financial instrument	# voting rights that may be acquired if the instrument is exercised	% voting rights	Settlement
BlackRock Advisors (UK) Limited	Securities Lent	870,405	0.35%	physical
BlackRock Investment Management (UK) Limited	Securities Lent	1,593,429	0.65%	physical
BlackRock Investment Management, LLC	Securities Lent	8,106	0.00%	physical
BlackRock Japan Co., Ltd.	Securities Lent	110,585	0.04%	physical
BlackRock Advisors, LLC	Contract for Difference	375	0.00%	cash
BlackRock Institutional Trust Company, National Association	Contract for Difference	25,236	0.01%	cash
BlackRock Investment Management (UK) Limited	Contract for Difference	1,393	0.00%	cash
Subtotal		2,609,529	1.06%

C) Total A & B

	# voting rights	% voting rights
TOTAL	12,216,786	4.96%

The chain of control has been described at the end of the declaration.

The notification can be found here.

For more information

Investor Relations
Evelien Goovaerts	+32 2 227 78 38	evelien.goovaerts@umicore.com
Eva Behaeghe	+32 2 227 70 68	eva.behaeghe@umicore.com
Aurélie Bultynck	+32 2 227 74 34	aurelie.bultynck@umicore.com

About Umicore

Umicore is a global materials technology and recycling 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 in 2019 revenues (excluding metal) of € 3.4 billion (turnover of € 17.5 billion) and currently employs 11,152 people.