Weekly Report On LTIP Implementation Program

Azelis reports on progress of LTIP implementation program

ANTWERP, Belgium--(BUSINESS WIRE)--Regulatory News:

Further to the launch of the Long-term Incentive Plan (LTIP) announced on 16 March 2022, the Group reports the purchase of 27,500 ordinary shares of Azelis (Brussels: AZE) in the period from 18 March 2022 until 24 March 2022.

Date	Number of shares	Total amount (EUR)	Average price (EUR)	Lowest price (EUR)	Highest price (EUR)	Trading venue
18 March 2022	14,000	289,926.00	20.7090	19.9420	21.1150	Euronext Brussels
21 March 2022	4,500	94,886.55	21.0859	20.9200	21.2650	Euronext Brussels
22 March 2022	2,000	42,868.40	21.4342	21..1800	21.5000	Euronext Brussels
23 March 2022	4,000	85,707.20	21.4268	21.2000	21.7450	Euronext Brussels
24 March 2022	3,000	65,747.40	21.9158	21.6000	22.4250	Euronext Brussels
Total	27,500	579,136	21.0595

Since the start of the implementation of the buy-back program on 17 March 2022, Azelis has bought back 27,500 shares for a total amount of EUR 579,136. This corresponds to 0.012 % of the total shares outstanding. The purpose of this program is to cover future obligations for share awards under Azelis' LTIP.

An overview of the share buy-back program is available on the investor relations pages of Azelis' website under the section "Regulated Information".

About Azelis

Azelis is a leading global innovation service provider in the specialty chemical and food ingredients industry present in 57 countries across the globe with +3,000 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 51,000 customers, supported by ~2,300 principal relationships, creating a turnover of €2.8 billion. Azelis Group NV is listed on Euronext Brussels under ticker AZE.

Across our extensive network of more than 60 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. EcoVadis Platinum rated, 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