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Disclosure made according to the requirements of Article 14 of the law of 2 May 2007

Aalst-Erembodegem (Belgium), May 21, 2019 – Ontex Group NV (“Ontex”) discloses the notification of significant shareholdings that it has received according to the Belgian Law of 2 May 2007 on the disclosure of significant shareholdings in listed companies.

On May 14, 2019, Bank of America Corporation notified Ontex that it holds, as a result of the acquisition of voting securities or voting rights, 7,010,239 shares in Ontex and so has crossed the threshold of 5.00% of the total number of voting rights in Ontex to 8.51%.

On May 16, 2019, Bank of America Corporation notified Ontex that it had, as a result of sales of shares, crossed below the threshold of 5.00% of the total number of voting rights in Ontex.

According to its obligation Ontex publishes the content of the notifications that it has received.

Date of Notifications: May 14, 2019 and May 16, 2019

Date Threshold Crossed: May 9, 2019 and May 10, 2019

Threshold Crossed: 5.00%

Notification by:

Denominator on the date of notification: 82,347,218 shares

Voting rights and assimilated financial instruments:

Notification of May 14, 2019:

Full chain of controlled undertakings through which the holding is effectively held

Merrill Lynch International, Merrill Lynch, Pierce, Fenner & Smith Incorporated, Merrill Lynch Professional Clearing Corporation, BofA Securities Europe SA and Bank of America, National Association are controlled by ‘Bank of America Corporation’ (see enclosure). Bank of America Corporation is not a controlled entity.

Notification of May 16, 2019:

Full chain of controlled undertakings through which the holding is effectively held

Merrill Lynch International, BoFA Securities Inc, Merrill Lynch Professional Clearing Corporation, BofA Securities Europe SA and Bank of America, National Association are controlled by ‘Bank of America Corporation’ (see enclosure). Bank of America Corporation is not a controlled entity.

Additional information

The trigger for the notification is due to the trading book holding going below the 5% exemption.

Please note as of TD 10.05.2019 the holdings under Merrill Lynch, Pierce, Fenner & Smith Incorporated have moved to the new entity BoFA Securities Inc. We have included the corporate structure of the new entity.

Notifications of significant shareholdings to be made according to the Law of 2 May 2007 should be sent to: investorrelations@ontexglobal.com

This notification will be posted on: http://www.ontexglobal.com/press-room

Contact

Gaëlle Vilatte
Press enquiries
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+32 53 333 708

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gaelle.vilatte@ontexglobal.com

Philip Ludwig
INVESTOR enquiries
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+32 53 333 730