Transparency Declaration Notification

In accordance with the requirements of Article 14 of the Belgian Law of May 2, 2007 on the disclosure of significant shareholdings in listed companies, Ontex Group NV (“Ontex”) discloses the notification of significant shareholdings that it has received on May 24, 2023.

On May 19, 2023, Black Creek Investment Management Inc. detained 2,483,000 Ontex voting securities or voting rights, representing 3.02% of voting securities, and thereby crossed upward the threshold of 3%.

Notification details

• Reason for the notification: Acquisition or disposal of voting securities or voting rights.

• Notification by: A person that notifies alone

• Persons subject to the notification requirement: Black Creek Investment Management Inc.,       
  based on 123 Front Street West, Suite 1200, Toronto, Ontario, Canada, M5J 2M2

• Date of threshold crossing: May 19, 2023

• Threshold crossed: 3% upward

• Denominator on the date of notification: 82,347,218 shares

• Full chain of controlled undertakings through which the holding is effectively held:        
  Black Creek Investment Management Inc. is not a controlled entity.

• Additional information:
  Black Creek Investment Management Inc. ("Black Creek") acts as discretionary investment manager and holds voting rights attached to shares on behalf of its clients.  The disclosure obligation arose due to the issuer's voting rights held by Black Creek crossing above 3% threshold.  Black Creek can exercise the voting rights in its discretion, without any instruction from its clients.

• Date of declaration: May 24, 2023

• Details of the notification:

Voting rights	Previous notification	After the transaction
		# voting rights		% voting rights
Holders of voting rights	# voting rights	Linked to securities	Not linked to securities	Linked to securities	Not linked to securities
Black Creek Investment Management Inc.	2,468,000	2,483,000	0	3.02%	0.00%
Total		2,483,000	0	3.02%	0.00%

Enquiries

• Investors           Geoffroy Raskin         +32 53 33 37 30                            investor.relations@ontexglobal.com

• Media               Maarten Verbanck    +32 53 33 36 20                            corporate.communications@ontexglobal.com

About Ontex

Ontex is a leading international provider of personal hygiene solutions, with expertise in baby care, feminine care and adult care. Ontex’s innovative products are distributed in around 100 countries through leading retailer brands, lifestyle brands and Ontex brands. Employing some 7,500 people all over the world, Ontex has a presence in 20 countries, with its headquarters in Aalst, Belgium. Ontex is listed on Euronext Brussels and is part of the Bel Mid®. To keep up with the latest news, visit ontex.com or follow Ontex on LinkedIn, Facebook, Instagram and YouTube.

Attachment

• 230525_TD_BlackCreek_EN