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 12,300 ordinary shares of Azelis (Brussels: AZE) in the period from 29 April 2022 until 5 May 2022.

Date	Number of shares	Total amount (EUR)	Average price (EUR)	Lowest price (EUR)	Highest price (EUR)	Trading venue
29 April 2022	1,000	23,824.10	23.8241	23.5800	24.0000	Euronext Brussels
2 May 2022	3,337	78,602.37	23.5548	23.3000	23.7000	Euronext Brussels
3 May 2022	3,000	71,073.30	23.6911	23.4600	23.8000	Euronext Brussels
4 May 2022	3,000	71,670.90	23.8903	23.6600	24.0800	Euronext Brussels
5 May 2022	1,963	48,218.74	24.5638	24.2800	24.8000	Euronext Brussels
Total	12,300	293,389.41	23.8528

Since the start of the implementation of the buy-back program on 17 March 2022, Azelis has bought back 117,900 shares for a total amount of EUR 2,640,618.02. This corresponds to 0.050 % 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