The subscribed capital is 1,936,173.73 euro. It is represented by 13,322,480 shares. The total number of voting shares is 13.322.480 (denominator).

Within the framework of Belgium’s Transparency Act of 2 May 2007 stakes must be made public in accordance with the thresholds provided for by the Articles of Association.

The thresholds in Van de Velde’s Articles of Association are:

• 3%;
• 5%;
• multiples of 5%.

Transparency notifications can be sent to legal@vandevelde.eu.