Explanation

The final selling price will be determined as follows: a preliminary price of EUR28.945 per share was determined on the day of the transfer of the shares to the broker. This price will be adjusted after the end of the selling period (which will be stretched out over a certain time period in order not to unduly influence the market price of the shares). The adjustment will be made via a positive or negative adjustment amount to the preliminary price, based on the average of the daily volume weighted average prices during the selling period. Once the final selling price is determined at the end of the selling period, a second Director Dealings' announcement will be published, making reference to this first announcement and including the final selling price.