Leasinvest Real Estate SCA

Publication of a transparency notification (Article 14, first paragraph, of the law of 2 May 2007 on the disclosure of important participations)

A notification of 8 November 2017 by Axa Investment Managers, with registered office at 6, place de la Pyramide,
FR-92800 Puteaux, shows that an intra-group transfer occurred, Axa Holdings Belgium SA having taken over 197,438 shares in Leasinvest Real Estate SCA from Axa Belgium SA. After this transaction Axa SA holds, directly and indirectly,
a stake of 28.99% in Leasinvest Real Estate SCA.

The notification of 8 November 2017 comprises the following information:

REASON FOR THE NOTIFICATION: Acquisition or disposal of voting securities or voting rights.

NOTIFICATION: by the parent company or controlling person.

PERSON(S) SUBJECT TO THE NOTIFICATION REQUIREMENT

Name and legal form	Address
Axa S.A.	6, place de la Pyramide, 92800 Puteaux (France)
Axa Holdings Belgium SA	Place du Trône 1, 1000 Brussels
Axa Belgium SA	Place du Trône 1, 1000 Brussels

TRANSACTION DATE: 3 November 2017

THRESHOLD THAT HAS BEEN EXCEEDED: 3%

THRESHOLD THAT HAS BEEN PASSED: below 25%

DENOMINATOR (unchanged): 4,938,870

DETAILS OF THE NOTIFICATION

A) Voting rights	Previous notification	After the transaction
	# voting rights	# voting rights		% voting rights
Holders of voting rights		Related to securities	Unrelated to securities	Related to securities	Unrelated to securities
Axa S.A.	0	0	0	0	0
Axa Holdings Belgium SA	0	197,438	0	4.00%	0
Axa Belgium SA	1,431,883	1,234,445	0	24.99%	0
Total	1,431,883	1,431,883	0	28.99%	0
	TOTAL	1,431,883	0	28.99%	0