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

Aalst-Erembodegem (Belgium), December 30, 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 December 24, 2019, Bank of America Corporation notified Ontex that it holds, as a result of the acquisition of voting securities or voting rights, 6,139,439 shares in Ontex and so has crossed the threshold of 5.00% of the total number of voting rights in Ontex to 7.46%.

On December 27, 2019, Bank of America Corporation notified Ontex that it had, as a result of the disposal of voting securities or voting rights, 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: December 24, 2019, and December 27, 2019
Date Threshold Crossed: December 19, 2019, and December 20, 2019
Threshold Crossed: 5.00%
Notification by: Bank of America Corporation, Wilmington, DE (United States)
Denominator on the date of notification: 82,347,218 shares
Voting rights and assimilated financial instruments:
Notification of December 24, 2019:

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

Merrill Lynch International, BofA Securities Europe SA, BofA Securities, Inc and Merrill Lynch Professional Clearing Corporation 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 above the 5% exemption.

Notification of December 27, 2019:

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

Full chain of controlled undertakings through which the holding is effectively held
Merrill Lynch International, BofA Securities Europe SA, BofA Securities, Inc and Merrill Lynch Professional Clearing Corporation 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.
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

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