Azelis: 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 13,000 ordinary shares of Azelis (Brussels: AZE) in the period from 8 April 2022 until 14 April 2022.

Date	Number of shares	Total amount (EUR)	Average price (EUR)	Lowest price (EUR)	Highest price (EUR)	Trading venue
8 April 2022	3,000	66,983.40	22.3278	21.8800	22.6400	Euronext Brussels
11 April 2022	5,000	112,066.50	22.4133	22.1200	22.5000	Euronext Brussels
12 April 2022	1,500	34,446.60	22.9644	22.2600	23.2800	Euronext Brussels
13 April 2022	2,000	46,750.00	23.3750	22.9200	23.8000	Euronext Brussels
14 April 2022	1,500	35,829.00	23.8860	23.7000	24.000	Euronext Brussels
Total	13,000	296,075.50	22.7750

Since the start of the implementation of the buy-back program on 17 March 2022, Azelis has bought back 77,900 shares for a total amount of EUR 1,698,537.38. This corresponds to 0.033 % 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