Successful private placement of € 125 million Convertible bonds by Greenyard Group

December 8, 2016

Greenyard NV announced the successful placement by FieldLink NV, a wholly-owned subsidiary of Greenyard, of the issue of € 125,000,000 senior unsecured, guaranteed, convertible bonds due 2021, guaranteed by Greenyard NV and convertible into newly issued ordinary shares of Greenyard NV.

Degroof Petercam acted as joint bookrunner of the transaction.

The coupon is a fixed interest rate of 3.75% p.a., payable on a half-yearly basis starting June 22nd 2017.

The conversion price of the convertible bonds, which have denominations of € 100,000, has been set at EUR 17.43, representing a premium of 25% of the volume weighted average price of Greenyard’s shares on Euronext Brussels between opening and closing of the market on December 8th 2016. The convertible bond offering was executed through an accelerated bookbuilding procedure. The convertible bonds have been offered solely to institutional investors.

For more information on the convertible bonds, please refer to following press release issued by Greenyard NV

Alexandra Niehe

Head of corporate communications

a.niehe@degroofpetercam.com 02 662 83 13 +32 477 45 75 37

Thomas Van Rompuy

Senior Executive Advisor - media relations, economics, Bank Degroof Petercam

t.vanrompuy@degroofpetercam.com 026628204 0498740368

About Degroof Petercam

Founded in 1871, Degroof Petercam is a Belgian-rooted reference investment house built on more than 150 years of integrated financial knowledge. Private and institutional investors, as well as corporates trust us for our strong investment convictions and for our continuum of services in private banking, asset management, investment banking and fund servicing.

On December 31, 2023, total assets amounted to 74 billion euros. More than 1,500 experts are committed to our clients through offices in Belgium, Luxembourg, France, Switzerland, Spain, the Netherlands, Germany, Italy, Hong Kong and Canada. As employer and investor, we create responsible prosperity for all by opening doors to opportunities and accompanying our clients with expertise.

Degroof Petercam is owned by Indosuez Wealth Management and by its historical minority shareholder CLdN Cobelfret. Degroof Petercam benefits from the vast expertise and international network of Indosuez and the Crédit Agricole group, the world's 9th largest bank (The Banker, 2024).