Update on share repurchase program KBC Ancora until 24 February 2023

Regulated information, inside information, Leuven, 27 February 2023 (17:40 CET)

Update on share repurchase program KBC Ancora until 24 February 2023

As part of the EUR 50 million share repurchase program, as confirmed on 20 May 2022, KBC Ancora has announced that it bought back a total of 39,072 shares in the period from 20 February 2023 to 24 February 2023.

The following transactions were carried out during the period in question:

Transaction date	Number of shares	Average price (EUR)	Lowest price (EUR)	Highest price (EUR)	Total amount (EUR)
Mon 20 February 2023	8,000	48.50	48.24	49.20	388,009.60
Tue 21 February 2023	7,201	48.19	47.80	48.36	347,029.87
Wed 22 February 2023	8,371	47.61	47.50	48.10	398,539.12
Thu 23 February 2023	7,800	48.06	47.62	48.28	374,859.42
Fri 24 February 2023	7,700	47.96	47.86	48.18	369,255.04
TOTAL (period concerned)	39,072	48.06	47.50	49.20	1,877,693.06
TOTAL (overall repurchase program)	1,203,287	38.09	31.68	49.86	45,832,467.87

All transactions were carried out in the central order book of Euronext Brussels.
Since the start of the share repurchase program on 10 June 2022, KBC Ancora has bought back 1,203,287 of its own shares, or 1.54% of the total number of shares issued (i.e. 78,301,314), for an average price of 38.09 euros per share and for a total amount of 45,832,468 euros. KBC Ancora has currently implemented 91.66% of the repurchase program.

The repurchase program runs within the limits of the share repurchase authorization granted by the Extraordinary General Meeting of Shareholders on 30 October 2020.

        ---------------------------------

KBC Ancora is a listed company that holds 18.6% of the shares in KBC Group. Together with Cera, MRBB and the Other Permanent Shareholders, it ensures shareholder stability and the ongoing development of the KBC Group. As core shareholders of KBC Group, they have concluded a shareholders’ agreement to this end.

Financial calendar:
01 September 2023         Annual press release for the financial year 2022/2023
26 September 2023        Annual Report for the financial year 2022/2023 available
27 October 2023         General Meeting of Shareholders

This press release is available in Dutch, French and English on the website www.kbcancora.be.

KBC Ancora Investor Relations & Press contact: Jan Bergmans
Tel. +32 (0)16 27 96 72
email: jan.bergmans@kbcancora.be or mailbox@kbcancora.be

Attachment

• KBCA PB 20230227 E