Azelis: Transparency Notification

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

In accordance with Article 14 of the Belgian Transparency law of 2 May 2007, Azelis Group NV (the “Company”) (Brussels:AZE) announces that it has received the following transparency notification on September 8, 2023:

• Transparency notification from Invesco Ltd.

1. Summary of the notification

Invesco Ltd. reported in a notification dated September 8, 2023, that on September 6, 2023, following an acquisition of voting securities, its shareholding increased and crossed the threshold of 5.00% of the shares issued by the Company.

On September 6, 2023, Invesco Ltd. (taking into account the holding of its affiliates) owned 12,271,687 shares with voting rights, representing 5.03% of the total number of shares issued by the Company (243,921,719), as well as 229,755 equivalent financial instruments, representing 0.09% of the total number of voting rights issued by the Company.

2. Content of the notification

Reason for the notification

Acquisition or disposal of voting securities or voting rights.

Notification by

A parent undertaking or a controlling person

Persons subject to the notification requirement

Name	Address (for legal entities)
Invesco Ltd	1331, Spring Street NW, Suite 2500, Atlanta, Georgia 30309, USA

Date on which the threshold is crossed

September 6, 2023

Threshold that is crossed (in %)

5%

Denominator

243,921,719

Notified Details

A) Voting rights	Previous notification	After the transaction
	# of voting rights	# of voting rights		% of voting rights
Holders of voting rights		Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
Invesco Ltd.	0	0	0	0.00%	0.00%
Invesco Advisers, Inc.	30,882	30,882	0	0.01%	0.00%
Invesco Asset Management Limited	11,419,254	11,556,604	0	4.74%	0.00%
Invesco Capital Management LLC	512	512	0	0.00%	0.00%
Invesco Management S.A.	673,858	683,689	0	0.28%	0.00%
Subtotal	12,124,506	12,271,687		5.03%
	TOTAL	12,271,687	0	5.03%	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
Invesco Asset Management Limited	Shares lent to third parties			229.755	0,09%
	TOTAL			229.755	0,09%

TOTAL (A & B)		# of voting rights	% of voting rights
	CALCULATE	12.501.442	5,13%

Chain of controlled undertakings through which the holding is effectively held, if applicable

This disclosure is made on behalf of Invesco Ltd. and relates to shares beneficially owned by various mutual and pension funds managed by Invesco Ltd. and its subsidiary companies, whereby Invesco Ltd. has discretion as to the acquisition and disposal of the shares and as to the exercise of the voting rights associated with the shares as at 04/09/2023. Invesco Ltd. is not a controlled entity. Invesco Ltd. is the parent company controlling the voting rights for the below; Invesco Advisers, Inc. 0.01%; Invesco Capital Management LLC 0.00% ; Invesco Asset Management Limited 4.83% ; Invesco Management S.A. 0.28%.

Additional information

The acquisition of the shares in the company, by Invesco (on behalf of funds managed by affiliates of the group management companies) to Invesco Ltd, is part of the normal course of its portfolio management company activity, conducted without intent to implement a particular strategy for the company, or to exercise, as such, a specific influence on the management of the latter. The company, Invesco (on behalf of funds managed by affiliates of the group management companies) is not acting in concert with a third party and does not intend to take control of the company.

3. Further information

The full transparency notification as well as this press release can be consulted on the Azelis Group NV’s website.

About Azelis

Azelis is a leading global innovation service provider in the specialty chemical and food ingredients industry, present in 63 countries across the globe with over 3,800 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 59,000 customers, supported by +2,700 principal relationships, creating a turnover of €4.1 billion (2022). Azelis Group NV is listed on Euronext Brussels under ticker AZE.

Across our extensive network of more than 65 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. Top industry-rated by Sustainalytics, 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