Disclosure in accordance with the Law of 2 May 2007: Transparency law

24. 03. 2017

Transparency declaration by Mr Jan Prochazka

VGP NV has received a transparency notification dated 23 March 2017 that Jan Prochazka, by virtue of the sale of 100% of the shares of Alsgard SA on 21 March 2017, no longer holds any shares of VGP NV. Therefore, the threshold of 3% was crossed downward.

The notification dated 23 March 2017 contains following information:

Reason for notification: Acquisition or disposal of voting securities or voting rights, downward crossing of the lowest threshold.

Notification by: A person that notifies alone.

Persons subject to the notification requirement: Jan Prochazka.

Date on which the threshold is crossed: 21 March 2017.

Threshold that is crossed: 3%.

Denominator: 18,583,050.

Notified details: Not applicable

Chain of controlled undertakings through which the holding is effectively held, if applicable: Not applicable

Additional information: Mr Jan Prochazka has sold all of the shares in Alsgard SA, which itself holds 2,409,914 shares (12.97%) in VGP NV, to Mr Jan Van Geet. Mr Jan Van Geet now has the exclusive control over Alsgard SA.