Transparency notification

19 November 2025

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Transparency notification from Temasek 

Antwerp (Belgium), 19 November 2025 – 17:45 CET – In accordance with Article 14 of the Belgian Transparency law of 2 May 2007, Azelis Group NV announces that on 17 November 2025, it has received a transparency notification from Temasek Holdings (Private) Limited.

1. Summary of the notification

Temasek Holdings (Private) Limited reported in its notification dated 17 November 2025, that on 12 November 2025, following an acquisition of voting securities, Aranda Investments Pte. Ltd., one of the affiliates of Temasek Holdings (Private) Limited, increased its participation and crossed the threshold of 3.00%, and Temasek as a group crossed the threshold of 5.00% in Azelis Group NV.

On 12 November 2025, Temasek Holdings (Private) Limited (taking into account the holding of all its affiliates) owned 16,169,653 shares with voting rights, representing 6.63% of the total number of shares issued by the company (243,921,719), versus 10,526,313 shares representing 4.32% in its previous notification dated 22 May 2024.

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)
Temasek Holdings (Private) Limited60B Orchard Road, #06-18, The Atrium@Orchard, Singapore 238891
Aranda Investments Pte. Ltd.60B Orchard Road, #06-18, The Atrium@Orchard, Singapore 238891
Ellington Investments Pte. Ltd.60B Orchard Road, #06-18, The Atrium@Orchard, Singapore 238891

Date on which the threshold is crossed

12 November 2025

Threshold that is crossed (in %)

5%

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
Temasek Holdings (Private) Limited0000.00%0.00%
Aranda Investments Pte. Ltd.3,157,8938,801,23303.61%0.00%
 Ellington Investments Pte. Ltd.7,368,4207,368,42003.02%0.00%
Subtotal 10,526,31316,169,653 6.63% 
TOTAL16,169,65306.63%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
       
TOTAL 00.00% 

TOTAL (A & B)  # of voting rights% of voting rights
  CALCULATE16,169,6536.63%

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

Aranda Investments Pte. Ltd. is wholly owned by Seletar Investments Pte. Ltd., which is wholly owned by Temasek Capital (Private) Limited, which is wholly owned by Temasek Holdings (Private) Limited.

Ellington Investments Pte. Ltd. is wholly owned by Bartley Investments Pte. Ltd., which is wholly owned by Tembusu Capital Pte. Ltd., which is wholly owned by Temasek Holdings (Private) Limited.

 

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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