Ontex: Transparency Declaration Notification

Disclosure made according to the requirements of Article 14 of the law of 2 May 2007

AALST-EREMBODEGEM, Belgium--(BUSINESS WIRE)--Regulatory News:

Ontex Group NV (BSE:ONTEX) (“Ontex”) discloses the notification of significant shareholdings that it has received according to the Belgian Law of 2 May 2007 on the disclosure of significant shareholdings in listed companies.

On April 22, 2021, Groupe Bruxelles Lambert, and its affiliated entities, notified Ontex that it holds, as a result of the acquisition of voting securities or voting rights, 16,454,453 shares in Ontex and has so crossed above the threshold of 15.00% of voting securities in Ontex on April 20, 2021 to 19.98%.

According to its obligation Ontex publishes the content of the notification that it has received.

Reason for the notification: Acquisition or disposal of the control of an undertaking that holds a participating interest in an issuer.

Notification by: A parent undertaking or a controlling person

Persons subject to the notification requirement:

Name	Address (for legal entities)
Gérald Frère
Ségolène Gallienne
Stichting Administratiekantoor Frère-Bourgeois	Verlengde Poolseweg 16 – Breda – 4818 CL Netherlands
The Desmarais Family Residuary Trust
Groupe Bruxelles Lambert S.A.	Avenue Marnix 24, 1000 Brussels

Date of Notification: April 22, 2021

Date Threshold Crossed: April 20, 2021

Threshold Crossed: 15.00%

Denominator on the date of notification: 82,347,218 shares

Voting rights and assimilated financial instruments:

Notification of April 22, 2021:

(A) Voting rights	Previous notification	After the transaction
	# voting rights	# voting rights		% of voting rights
Holders of voting rights		Linked to securities	Not linked to securities	Linked to securities	Not linked to securities
Gérald Frère	0	0		0.00%
Ségolène Gallienne	0	0		0.00%
Stichting Administratiekantoor Frère-Bourgeois	0	0		0.00%
The Desmarais Family Residuary Trust	0	0		0.00%
Groupe Bruxelles Lambert S.A.	16,339,053	16,339,053		19.84%
FINPAR II S.A.	115,400	115,400		0.14%
Total	16,454,453	16,454,453	0	19.98%	0.00%

(B) Equivalent financial instruments	After the transaction
Holders of equivalent financial instruments	Type of financial instrument	Expiration date	Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voting rights	Settlement
TOTAL

	# voting rights	% of voting rights
TOTAL (A + B)	16,454,453	19.98%

Full chain of controlled undertakings through which the holding is effectively held

See attached organization chart.

Additional information

This notification is part of a reorganization of the shareholding within the Frère-Bourgeois group (the “Group”) following which Ségolène Gallienne - Stichting Administratiekantoor Peupleraie has acquired exclusive control over the participation of the Group in Parjointco S.A., a joint holding vehicle of the Power group (via The Desmarais Family Residuary Trust) and the Group, which holds its stake in GBL through its 100% Swiss subsidiary Pargesa S.A. (formerly known as Parjointco Switzerland S.A.). This reorganization aims to give more decision-making and financial autonomy to each family branch, respectively over GBL (Ségolène Gallienne - Stichting Administratiekantoor Peupleraie) and over the other assets of the Group (Gérald Frère - Stichting Administratiekantoor Bierlaire), while retaining a joint family shareholding and thus ensuring the sustainability of the Group. The concerted action on GBL by the groups Power and Frère, previously notified, remains.

Notifications of significant shareholdings to be made according to the Law of 2 May 2007 should be sent to: [e-mail]

This notification will be posted on: http://www.ontexglobal.com/press-room

About Ontex
Ontex is a leading international provider of personal hygiene solutions, with expertise in baby care, feminine care and adult care. Ontex’s innovative products are distributed in more than 110 countries through Ontex brands such as BBTips, BioBaby, Pompom, Bigfral, Canbebe, Canped, ID and Serenity, as well as leading retailer brands.

Employing some 10,000 passionate people all over the world, Ontex has a presence in 21 countries, with its headquarters in Aalst, Belgium. Ontex is listed on Euronext Brussels and is part of the Bel Mid^®. To keep up with the latest news, visit www.ontex.com or follow us on LinkedIn, Facebook, Instagram and YouTube.