Azelis Group NV

Transparency notification

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 %)

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