Umicore

Major Shareholding Notification • Oct 12, 2022

Press release Regulated information October 12th 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 3% downwards, holding less than 3% of Umicore's voting rights.

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
15 September 2022	20 September 2022	0.02%	0.43%	0.45%

The most recent notification contains the following information:

• Date of notification: 20 September 2022
• Date on which the threshold is crossed: 15 September 2022
• Threshold of direct voting rights + equivalent financial instruments crossed downwards: 3%
• 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	0	0	0	0.00%	0 00%
Bank of America, NA	13.191	13,169		0.01%
BofA Securities, Inc.	8,026	3,841		0.00%
Managed Account Advisors, LLC	29,326	30,992		0.01%

U.S. Trust Co of Delaware	3,767	2,644		0.00%
Merrill Lynch, Pierce, Fenner & Smith Inc	655	655		0.00%
Merrill Lynch International	4,744,702	0		0.00%
BofA Securities Europe SA	813,134	0		0.00%
Subtotal	5,612,801	51,301		0.02%
TOTAL		51,301	0	0.02%	0.00%

Start with "groups" of holders. Add subtotals with 2, and then finish with the persons who are "alone".
For groups, start with the ultimate controlling natural person or

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
BofA Securities, Inc.	Right to Recall			143,132	0.06%	physical	2
Merrill Lynch Professional Clearing Corporation	Right of Use			2,206	0.00%	physical
Bank of America, NA	Swap	26/09/2022		890,000	0.36%	cash	-
Bank of America, NA	Swap	31/07/2024		16,061	0.01%	cash	-
Bank of America, NA	Swap	05/05/2025		55	0.00%	cash	+
	TOTAL			1,051,454	0.43%

The totals will be updated once you have clicked on

TOTAL (A & B)			# of voting rights % of voting rights
	CALCULATE	1,102,755	0.45%

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

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.