VGP NV

Declaration of Voting Results & Voting Rights Announcements • May 13, 2020

Press Release Regulated Information Antwerp, 13 May 2020– 06:00 p.m. CET

Disclosure in accordance with the Law of 2 May 2007 - Transparency law

Transparency notification by Vandewiele NV

VGP NV has received a transparency notification dated 11 May 2020 that by virtue of the introduction of the double voting right by VGP NV on 8 May 2020, Charles Beauduin, Titan Baratto NV and Vandewiele NV now hold less than 3% of the voting rights of VGP NV, therefore below the lowest reporting threshold.

The notification dated 11 May 2020 contains the following information:

• Reason for notification: Crossing of the lowest threshold. Passive threshold crossing.
• Notification by: A parent undertaking or a controlling person.
• Persons subject to the notification requirement: Vandewiele NV, Michel Vandewielestraat 7 8510 Marke; Titan Baratto NV and Charles Beauduin
• Date on which the threshold is crossed: 8 May 2020.
• Threshold that is crossed: 3%.
• Denominator: 30,037,687.
• Notified details:

	Previous notification	After the transaction
	Number of voting rights	Number of voting rights	% of voting rights
Charles Beaduin	0	-	-
Titan Baratto NV	0	-	-
Vandewiele NV	651,869	-	-
Total	651,869	-	-

Chain of controlled undertakings through which the holding is effectively held: Titan Baratto NV is 100% owner of Vandewiele NV. Charles Beauduin controls Titan Baratto NV directly for 77% and indirectly for 23%.

This notification is made in the context of the introduction of double voting right approved by the extraordinary shareholders' meeting of VGP NV on 8 May 2020.

About VGP

VGP is a leading European developer, manager and owner of high-quality logistics and semi- industrial real estate. VGP operates a fully integrated business model with capabilities and longstanding expertise across the value chain. The company has a development land bank (owned or committed) of 6.67 million m² and the strategic focus is on the development of business parks. Founded in 1998 as a family- owned real estate developer in the Czech Republic, VGP with a staff of circa 220 employees today owns and operates assets in 12 European countries directly and through VGP European Logistics and VGP European Logistics 2, both joint ventures with Allianz Real Estate. As of December 2019, the Gross Asset Value of VGP, including the joint ventures at 100%, amounted to €2.77 billion and the company had a Net Asset Value (EPRA NAV) of €741 million. VGP is listed on Euronext Brussels and on the Prague Stock Exchange (ISIN: BE0003878957).