Regulatory News:

In accordance with Article 14 of the Belgian Transparency law of May 2, 2007, Azelis Group NV (Brussels:AZE) announces that it has received the following transparency notification on August 2, 2024:

  • Transparency notification from BlackRock, Inc.

1. Summary of the notification

BlackRock, Inc. reported in a notification dated August 2, 2024, that on August 1, 2024, following the disposal of voting securities, the shareholding of one of its affiliates (BlackRock Investment Management (UK) Limited) decreased and crossed downwards the threshold of 3.00% in Azelis Group NV (versus 3.00% in its previous notification dated November 10, 2023).

On August 1, 2024, BlackRock, Inc. (taking into account the holding of its affiliates) owned 7,979,057 shares with voting rights, representing 3.27% of the total number of shares issued by the company (243,921,719), versus 8,123,118 shares representing 3.33% in its previous notification dated November 10, 2023.

2. Content of the notification

Reason for the notification

Acquisition or disposal of voting securities or voting rights

Notification by

A parent undertaking or a controlling person

Persons subject to the notification requirement

Name

Address (for legal entities)

BlackRock, Inc.

50 Hudson Yards, New York, NY, 10001, U.S.A.

BlackRock Advisors (UK) Limited

12 Throgmorton Avenue, London, EC2N 2DL, U.K.

BlackRock Asset Management Canada Limited

161 Bay Street, Suite 2500, Toronto, Ontario, M5J 2S1, Canada

BlackRock Advisors, LLC

50 Hudson Yards, New York, NY, 10001, U.S.A.

BlackRock Asset Management Deutschland AG

Lenbachplatz 1 1st Floor, Munich, 80333-MN3, Germany

BlackRock Financial Management, Inc.

50 Hudson Yards, New York, NY, 10001, U.S.A.

BlackRock Institutional Trust Company, National Association

400 Howard Street, San Francisco, CA, 94105, U.S.A.

BlackRock Investment Management (UK) Limited

12 Throgmorton Avenue, London, EC2N 2DL, U.K.

BlackRock Investment Management, LLC

1 University Square Drive, Princeton, NJ, 8540, U.S.A.

Date on which the threshold is crossed

August 1, 2024

Threshold that is crossed (in %)

3%

Denominator

243,921,719

Notified Details

A) Voting rights

Previous notification

After the transaction

 

# voting rights

# voting rights

% voting rights

Holders of voting rights

 

Linked to securities

Not linked to securities

Linked to securities

Not linked to securities

 

BlackRock, Inc.

0

0

 

0.00%

 

 

BlackRock Advisors (UK) Limited

83,042

194,551

 

0.08%

 

 

BlackRock Advisors, LLC

271,541

293,336

 

0.12%

 

 

BlackRock Asset Management Canada Limited

0

3,221

 

0.00%

 

 

BlackRock Asset Management Deutschland AG

238,474

334,842

 

0.14%

 

 

BlackRock Financial Management, Inc.

54,703

69,247

 

0.03%

 

 

BlackRock Institutional Trust Company, National Association

1,878

2,892

 

0.00%

 

 

BlackRock Investment Management (UK) Limited

7,324,041

6,986,893

 

2.86%

 

 

BlackRock Investment Management, LLC

149,439

94,075

 

0.04%

 

 

Subtotal

8,123,118

7,979,057

 

3.27%

 

 

 

TOTAL

7,979,057

0

3.27%

0,00%

 

 

B) Equivalent financial instruments

After the transaction

Holders of equivalent financial instruments

Type of financial instrument

Expiration date

Exercise period or date

# voting rights that may be acquired if the instrument is exercised

% voting rights

Settlement

BlackRock Advisors (UK) Limited

Securities Lent

 

 

47,851

0.02%

physical

BlackRock Investment Management (UK) Limited

Securities Lent

 

 

15,452

0.01%

physical

BlackRock Financial Management, Inc.

Contract Difference

 

 

163

0.00%

cash

 

 

TOTAL

 

63,466

0.03%

 

TOTAL (A & B)

 

 

# of voting rights

% of voting rights

CALCULATE

8,042,523

3.30%

Chain of controlled undertakings through which the holding is effectively held, if applicable

Please see the full chain of control in "Chain of Control" tab.

Additional information

The disclosure obligation arose due to total holdings in voting rights for BlackRock Investment Management (UK) Limited going below 3%. Additionally, voting rights attached to shares for BlackRock Investment Management (UK) Limited went below 3%.

3. Further information

The full transparency notification as well as this press release can be consulted on the Azelis Group NV’s website.

About Azelis

Azelis is a leading global innovation service provider in the specialty chemical and food ingredients industry, present in 63 countries across the globe with over 4,200 employees. Our knowledgeable teams of industry, market and technical experts are each dedicated to a specific market within Life Sciences and Industrial Chemicals. We offer a lateral value chain of complementary products to more than 63,000 customers, supported by +2,800 principal relationships, creating a turnover of €4.2 billion (2023). Azelis Group NV is listed on Euronext Brussels under ticker AZE and is included in the BEL20 and BEL®ESG indices.

Across our extensive network of more than 70 application laboratories, our award-winning staff help develop formulations and provide technical guidance throughout the customers’ product development process. We combine a global market reach with a local footprint to offer a reliable, integrated, and unique digital service to local customers and attractive -business opportunities to principals. Top industry-rated by Sustainalytics, Azelis is a leader in sustainability. We believe in building and nurturing solid, honest and transparent relationships with our people and partners.

Impact through ideas. Innovation through formulation.

www.azelis.com

For more information, please contact:

Azelis investor-relations@azelis.com