PICANOL GROUP – Disclosure in accordance with the requirements of the Transparency Law

Picanol Group (Euronext: PIC) discloses information required under article 15, §1 of the Law of May 2, 2007, regarding the disclosure of important shareholdings in listed companies.

Status as of November 1, 2020:

Total outstanding capital: 21,720,000 EUR

Total number of outstanding ordinary shares: 17,700,000

Total number of voting rights (the denominator): 33,530,974

Total number of outstanding warrants: 0

Notifications:

Shareholders whose stake in Picanol nv’s capital surpasses the threshold of 5% and each multiple of 5%, in either direction, are required to notify Picanol Group (corporatecommunication@picanol.be) and the Belgian Financial Services and Markets Authority (FSMA) (TRP.Fin@fsma.be).

www.picanolgroup.com