Azelis : Transparency notification

PRESS RELEASE

REGULATED INFORMATION

Transparency notification

Antwerp (Belgium), September 5, 2023 - 6:00 pm CEST - In accordance with Article 14 of the Belgian Transparency law of 2 May 2007, Azelis Group NV announces that it has received the following transparency notification on September 4, 2023:

• Transparency notification from Invesco Ltd.

1. Summary of the notification

Invesco Ltd. reported in a notification dated September 4, 2023, that on August 31, 2023, following an acquisition of voting securities, its shareholding increased and crossed the threshold of 5.00% in Azelis Group NV.

On August 31, 2023, Invesco Ltd. (taking into account the holding of its affiliates) owned 12,091,415 shares with voting rights, representing 4.96% of the total number of shares issued by the company (243,921,719).

2. Content of the notificationReason for the notification

Acquisition or disposal of voting securities or voting rights.

Notification by

A person that acquires, ... voting rights within the meaning of Article 7 of the Law and that notifies together with the person that disposes of, ... these voting rights.

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

August 31, 2023

Threshold that is crossed (in %)

5%

Denominator

243,921,719

Notified Details

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	PRESS RELEASE								REGULATED INFORMATION
	A) Voting rights		Previous					After the transaction
		notification
			# of voting
			rights		# of voting rights			% of voting rights
					Linked to		Not linked			Linked to		Not linked to
	Holders of voting rights					to the
				securities				securities		the securities
						securities
	Invesco Ltd.		0		0		0		0.00%	0.00%
	Invesco Advisers, Inc.		0		30,882		0		0.01%	0.00%
	Invesco Asset Management Limited		0		11,386,163		0		4.67%	0.00%
	Invesco Capital Management LLC		0		512		0		0.00%	0.00%
	Invesco Management S.A.		0		673,858		0		0.28%	0.00%
	Subtotal				12,091,415					4.96%
			TOTAL	12,091,415	0		4.96%	0.00%

B) Equivalent financial instruments

After the transaction

# of voting

rights that

% of

Holders of equivalent

Type of

Expiration

Exercise

may be

Settlement

financial

acquired if

voting

financial instruments

date

period or date

instrument

the

rights

instrument

is exercised

Shares

Invesco Asset Management Limited

lent to

121,813

0.05%

third

parties

TOTAL

121,813

0.05%

The totals will be updated once you have clicked on

TOTAL (A & B)

CALCULATE

# of voting	% of
voting
rights
rights
12,213,228	5.01%

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 31/08/2023. 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 4.72% ; Invesco Management S.A.

0.28%.

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PRESS RELEASE

REGULATED INFORMATION

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.

For more information, please contact:

Azelis [e-mail]

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

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