Transparency notification

26 May 2026

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Transparency notifications from UBS Group AG

Antwerp (Belgium), 26 May 2026 – 17:45 CET – In accordance with Article 14 of the Belgian Transparency law of 2 May 2007, Azelis Group NV announces that on 21 May 2026 and 26 May 2026, it has received 2 transparency notifications from UBS Group AG.

  1. Summary of the notifications

UBS Group AG reported in its notification dated 21 May 2026, that on 19 May 2026, following an acquisition of equivalent financial instruments, UBS Group AG (taking into account the holding of all its affiliates), increased its holdings in equivalent financial instruments and crossed the threshold of 3.00% in Azelis Group NV.

On 19 May 2026, UBS Group AG (taking into account the holding of all its affiliates) owned 457,008 shares with voting rights, representing 0.19% of the total number of shares issued by the company (243,921,719), versus 530,055 shares representing 0.22% in its previous notification dated 20 May  2026, as well as 8,173,299 equivalent financial instruments, representing 3.35% of the voting rights issued by the company, versus 7,179,956 equivalent financial instruments, representing 2.94% in its previous notification dated 20 May 2026.

UBS Group AG reported in its notification dated 22 May 2026, that on 20 May 2026, following a disposal of shares with voting securities and equivalent financial instruments, UBS Group AG (taking into account the holding of all its affiliates), decreased its holdings and crossed downward the lowest threshold of 3.00% in Azelis Group NV.  UBS Group AG did not disclose further details on its direct and indirect holdings on 20 May 2026.

  1. Content of the notifications

Reason for the notifications

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)
UBS Group AGBahnhofstrasse 45, 8001 Zürich

Date on which the threshold is crossed

19 May 2026 and 20 May 2026

Threshold that is crossed (in %)

3%

Denominator

243,921,719

Notified Details

Transparency declaration dated 21 May 2026

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
UBS Group AG000.00%0.00%
UBS AG122,76549,71800.02%0.00%
UBS Asset Management (Europe) S.A.96,61496,61400.04%0.00%
UBS Asset Management Life Limited 8,1288,12800.00%0.00%
UBS Fund Management (Switzerland) AG277,548277,54800.11%0.00%
UBS Securities LLC

25,000

25,000

00.01%0.00%
Subtotal 530,055457,008 0.19% 
TOTAL457,00800.19%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
UBS AGLong Call Option17/12/2027 177,0000.07%physical
UBS AGLong Call Option17/03/2028 61,5000.03%physical
UBS AGEquity Swaps28/03/2028 7090.00%cash
UBS Switzerland AGRight of use over shares At any time1,924,8190.79%physical
UBS AGRight of use over shares At any time942,6980.39%physical
UBS AGRight to Recall of Lent sharesAt any time620,4290.25%physical
UBS Switzerland AGRight to Recall of Lent shares At any time3,821,0931.57%physical
UBS AGRight to Substitute shares delivered as collaterals At any time625,0510.26%physical
 TOTAL 8,173,2993.35% 

TOTAL (A & B)  # of voting rights% of voting rights
  CALCULATE8,630,3073.54%

Transparency declaration dated 22 May 2026

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
UBS Group AG 
UBS AG49,718
UBS Asset Management (Europe) S.A.96,614
UBS Asset Management Life Limited 8,128
UBS Fund Management (Switzerland) AG277,548
UBS Securities LLC

25,000

Subtotal 457,008 
 TOTAL

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
      physical
 TOTAL  3.35% 

TOTAL (A & B)  # of voting rights% of voting rights
  CALCULATE  

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

Please see full chain of control attached.

Additional information

The disclosure obligation arose due to the indirect holdings in financial instrument of UBS Group AG in voting rights of Azelis Group NV, held directly by controlled undertakings, going above 3% on 19th May 2026.

The disclosure obligation arose due to the total indirect holdings of UBS Group AG in Azelis Group NV, held directly by controlled undertakings, going below 3% on 20th May 2026.

 

 

  1. Further information

    The full transparency notifications as well as this press release can be consulted on the Azelis Group NV’s website. 

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