Eckert & Ziegler BEBIG

IMPLEMENTATION OF THE REVERSE STOCK SPLIT OF THE ECKERT & ZIEGLER BEBIG SA SHARES AND BENEFICIARY SHARES / MERGER BY ACQUISITION OF THE COMPANY BRACHYSOLUTIONS SPRL - Seite 2

Distribution of new securities

The distribution of the new securities is due to take place on 10 November 2016 (Payment date), i.e. the day following the record date.

Impact on the nature of the shares

The reverse stock split will not affect the form of the shares and beneficiary shares (dematerialized or registered). The registered and dematerialized shares and beneficiary shares will be processed separately within the framework of the reverse stock split. Thus, any shareholder who might hold registered shares and dematerialized shares may, before 10 November 2016, convert all or some of their securities so as to hold them all in one and the same form.

Fractions of shares (odd lots)

The reverse stock split might give rise to the appearance of odd lots if a shareholder does not hold a number of existing shares which corresponds to a multiple of ten. In this case, the number of new shares held by that shareholder will be rounded down to the lower whole number.

Any fractions of shares which might appear shall be consolidated by Euroclear Belgium, which will be responsible for selling the new shares resulting from the consolidation of odd lots to Eckert & Ziegler EZAG at a price equal to the average trading price 30 days prior the date of the effective reverse stock split date.

So any shareholder who does not hold a number of shares corresponding to a multiple of ten may, if he wishes:

·                    before the reverse stock split, opt to purchase or sell existing shares, so as to obtain a number which is a multiple of ten and thus avoid the appearance of odd lots on the reverse stock split date, on 10 November 2016. Such sale or purchase of shares will be open for a period starting today (27 September 2016) and ending on 4 November 2016 at the closing of Euronext Brussels. Eckert & Ziegler invites its shareholders to obtain information from their bank as to the deadlines for execution and any transaction costs applicable to any share purchase or sale transaction;

·                    do nothing and be allocated, a compensation corresponding to the value of the fractions of shares in their possession at a price equal to the average trading price 30 days prior the date of the effective reverse stock split date.

The shareholder will be allocated a cash compensation corresponding to the odd lots held, without additional charges, prorata to the net proceeds of the sale of the odd lots which will have been sold to Eckert & Ziegler EZAG.