Umicore — Major Shareholding Notification 2025

Nov 21, 2025

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Press release

Regulated information November 21st 2025 - 18:30 CET

Transparency notification by Bank of America Corporation

In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by Bank of America Corporation that it has crossed the legal threshold of 3% for the direct voting rights and equivalent financial instruments upwards on 18 November 2025.

The total holding of direct voting rights and equivalent financial instruments of Bank of America Corporation stands at 3.53% on 18 November 2025.

Summary of the move by Bank of America Corporation:

Date on which the threshold was crossed	Date of notification Direct voting rights after the transaction		Equivalent financial instruments after the transaction	Total
18 November 2025	19 November 2025	1.34%	2.19%	3.53%

Notification from Bank of America Corporation:

The notification contains the following information:

• Date of notification: 19 November 2025
• Date on which the threshold is crossed: 18 November 2025
• Threshold of direct voting rights + equivalent financial instruments crossed upwards by Bank of America Corporation: 3%
• Notification by: Bank of America Corporation
• Denominator: 246,400,000
• Reason for notification: Acquisition or disposal of voting securities or voting rights

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A) Voting rights	Previous notification	After the transaction
	# of voting rights	# of voti	ng 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		0.00%
Bank of America, NA	1	0		0.00%
BofA Securities, Inc.	1,917	0		0.00%
Managed Account Advisors, LLC	12	0		0.00%
Merrill Lynch, Pierce, Fenner & Smith Inc	12	12		0.00%
Merrill Lynch International	365,831	3,308,081		1.34%
Subtotal	367,773	3,308,093		1.34%
TOTAL		3,308,093	0	1.34%	0.00%

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			106,065	0.04%	physical
Merrill Lynch International	Right of Use			72,068	0.03%	physical
Merrill Lynch International	Physical Swap	26/11/2025		299,000	0.12%	physical
Merrill Lynch International	Swap	16/02/2026		600,000	0.24%	cash
Merrill Lynch International	Swap	31/03/2026		526	0.00%	cash
Merrill Lynch International	Swap	07/12/2026		10,192	0.00%	cash
Merrill Lynch International	Swap	30/09/2026		2,095	0.00%	cash
Merrill Lynch International	Swap	28/02/2028		107,756	0.04%	cash
Merrill Lynch International	Swap	25/06/2027		16,132	0.01%	cash
Merrill Lynch International	Swap	15/10/2027		17,330	0.01%	cash
Merrill Lynch International	Swap	16/04/2027		436,538	0.18%	cash
Merrill Lynch International	Swap	12/02/2026		495,793	0.20%	cash
Merrill Lynch International	Swap	22/01/2026		393,000	0.16%	cash
Merrill Lynch International	Swap	11/12/2025		815,295	0.33%	cash
Merrill Lynch International	Swap	01/12/2025		914,000	0.37%	cash
Merrill Lynch International	Swap	30/04/2026		1,513	0.00%	cash
Merrill Lynch International	Swap	29/05/2026		10,719	0.00%	cash
Bank of America, NA	Swap	15/10/2027		152,756	0.06%	cash
Bank of America, NA	Swap	01/12/2025		914,000	0.37%	cash
BofA Securities, Inc.	Right of Use			35,210	0.01%	physical
	TOTAL			5,399,988	2.19%
•	The totals will be updated once you have clicked on
	TOTAL (A & B)			# of voting rights	% of voting rights

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

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For more information

Investor Relations

Caroline Kerremans +32 2 227 72 21 caroline.kerremans@umicore.com

Bart Heylen +32 2 227 73 09 bart.heylen@umicore.com

About Umicore

Umicore is a global advanced materials and recycling Group. Leveraging decades of expertise in materials science, metallurgy, chemistry, and metals management, Umicore transforms precious and critical metals into functional technologies that enable everyday applications. Its unique circular business model ensures that these critical elements are continuously refined and recycled, to be reintegrated in new applications.

Umicore's four Business Groups – Catalysis, Recycling, Specialty Materials and Battery Materials Solutions – offer materials and solutions addressing resource scarcity and the growing need for functional materials for clean technologies, clean mobility and a connected world. Through tailored and cutting-edge products and processes they drive innovation and sustainability.

Umicore generates the majority of its revenues from, and focuses most of its R&D efforts on, clean mobility and recycling. Its overriding goal of sustainable value creation is rooted in developing, producing and recycling materials for a better life.

Umicore's industrial, commercial and R&D activities, with more than 11,000 employees, are located across the world to best serve its global customer base. Group revenues (excluding metal) reached € 1.8 billion (turnover of € 8.7 billion) in the first half of 2025.