Transparency notification

18 November 2025

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Transparency notification from Invesco Ltd.

Antwerp (Belgium), 18 November 2025 – 17:45  CET – In accordance with Article 14 of the Belgian Transparency law of May 2, 2007, Azelis Group NV announces that it has received a transparency notification from Invesco Ltd.

  1. Summary of the notification

    Invesco Ltd. reported in its notification dated 13 November 2025, that on 12 November 2025, following an acquisition of voting securities, Invesco Asset Management Limited, one of the affiliates of Invesco Ltd, increased its participation and crossed the threshold of 10.00% in Azelis Group NV.

    On 12 November 2025, Invesco Ltd. (taking into account the holding of all its affiliates) owned 25,768,277 shares with voting rights, representing 10.56% of the total number of shares issued by the company (243,921,719), versus 24,895,654 shares representing 10.21% in its previous notification dated 8 October 2025, as well as 10,829 equivalent financial instruments, representing 0.004% of the 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

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

Date on which the threshold is crossed

12 November 2025

Threshold that is crossed (in %)

10%

Denominator

243,921,719

Notified Details

A) Voting rightsPrevious notificationAfter the transaction
 # of voting rights# of voting rights% of voting rights
Holders of voting rights Linked to securitiesNot linked to the securitiesLinked to securitiesNot linked to the securities
Invesco Ltd.0000.00%0.00%
 Invesco Advisers, Inc.723,007714,17700.29%0.00%
 Invesco Asset Management Limited24,163,77025,045,223010.27%0.00%
 Invesco Capital Management LLC8,8778,87700.00%0.00%
Subtotal 24,895,65425,768,277 10.56% 
TOTAL25,768,277010.56%0.00%

B) Equivalent financial instrumentsAfter the transaction
Holders of equivalent
financial instruments
Type of financial instrumentExpiration dateExercise period or date# of voting rights that may be acquired if the instrument is exercised% of voting rightsSettlement
Invesco Asset Management LimitedShares lent to third parties  10,8290.004% 
TOTAL 10,8290.004% 

TOTAL (A & B)  # of voting rights% of voting rights
  CALCULATE25,779,10610.57%

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 12/11/2025. Invesco Ltd. is not a controlled entity. Invesco Ltd. is the parent company controlling the voting rights for the below; Invesco Advisers, Inc. 0.29% ; Invesco Capital Management LLC 0.01% ; Invesco Asset Management Limited 10.27%.

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. 

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