Azelis Group NV: Transparency notification

24 May 2024 18:00 CEST

Issuer

Azelis Group NV

Regulatory News:

In accordance with Article 14 of the Belgian Transparency law of May 2, 2007, Azelis Group NV (the Company) (Brussels:AZE) announces that it has received the following transparency notification on May 22, 2024:

Transparency notification from Public Sector Pension Investment Board/PSP Investments Holding Europe Ltd.

1. Summary of the notification

Public Sector Pension Investment Board and PSP Investments Holding Europe Ltd. reported in a notification dated May 22, 2024, that on May 21, 2024, following a disposal of voting securities, their shareholding decreased and crossed downwards the (lowest) threshold of 3.00% in Azelis Group NV.

On May 21, 2024, Public Sector Pension Investment Board and PSP Investments Holding Europe Ltd. owned together 7,316,409 shares with voting rights, representing 2.9995% of the total number of shares issued by the Company (243,921,719), versus 11,951,409 shares representing 4.90% in their previous notification dated July 12, 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)

Public Sector Pension Investment Board

1250 René-Lévesque Boulevard West, Suite 1400

Montréal, Québec, Canada H3B 5E9

PSP Investments Holding Europe Ltd

10 Bressenden Place 8th Floor - London SW1E 5DH

United Kingdom

Date on which the threshold is crossed

May 21, 2024

Threshold that is crossed (in %)

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
Public Sector Pension Investment Board	0	0	0	0.00%
PSP Investments Holding Europe Ltd	11,951,409	7,316,409	0	2.9995%
Subtotal	11,951,409	7,316,409	0	2.9995%
	TOTAL	7,316,409	0	2.9995%		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
					0,00%
	TOTAL				0,00%

	TOTAL (A & B)			# of voting rights	% of voting rights
			CALCULATE	7,316,409	2.9995%

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

PSP Investments Holding Europe Ltd is controlled by Public Sector Pension Investment Board. All of the shares of the Public Sector Pension Investment Board are directly held by the Government of Canada (his Majesty in right of Canada), by the President of the Treasury Board of Canada, a Canadian Cabinet Minister. The shares are held by the Minister as a fiduciary on behalf of His Majesty the King in right of Canada, and as a formal requirement of the ministerial office of the President of the Treasury Board, and do not represent any control of PSPIB by the Minister, as these shares are non-voting.

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 65 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.

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