Van de Velde : Convocation shareholders meeting 29th of April 2020

16.04.2020 - 18:00

Regulated information

Additional information on the convocation for the Ordinary Shareholders' Meeting on Wednesday 29 April 2020

We refer to the convocation for the Ordinary Shareholders' Meeting dated 29 April 2020 as sent to the registered shareholders and as appeared in the Belgian Official Journal and De Tijd on 27 March 2020, in which The Board of Directors invited the shareholders to participate in the Ordinary Shareholders' Meeting of the Company to be held at the registered office at 5pm on 29 April 2020.

Because of the Coronavirus Covid-19, it seems appropriate to the company to avoid shareholders physically attending this General Meeting.

Therefore, the company will use the opportunity offered by Article 6 of the Royal Decree Number 4 of 9 April 2020 laying down various provisions on co-ownership and the company and association law in the context of the fight against the Covid-19 pandemic and will prohibit all persons entitled to attend the general meeting or their proxy physical access to the meeting. The organization of the general meeting will therefore take place as follows:

• Shareholders will only be able to exercise their right
• 1. either by voting remotely before the general meeting via the form available for that purpose on https://www.vandevelde.eu/en/convocations-shareholders.This form must reach the company fully completed and signed by 25 April 2020 at the latest. This can be done by any means, including by e-mail to [e-mail] a scanned or photographed copy of the completed and signed voting form. For the remainder, they should continue to comply with the participation requirements as explained in the convocation.
  2. or by granting power of attorney to the Chairman of the Board of Directors before the general meeting via the form available on https://www.vandevelde.eu/en/convocations- shareholders. Only proxies with specific voting instructions will be taken into account during the vote. These proxies must reach the company fully completed and signed by 25 April 2020 at the latest. This can be done by any means, including by e-mail to [e-mail] a scanned or photographed copy of the completed and signed power of attorney form. For the remainder, they should continue to comply with the participation requirements as explained in the convocation.
• The specific voting instructions in valid proxies already received by the company, but of which the proxy holder is not the Chairman of the Board of Directors, will be taken into account, without the proxy holder being able to attend the meeting.
• The exercise of the right to ask questions is only done in writing in the manner indicated in the convocation. These questions should reach the company by 25 April 2020 at the latest by all means possible, including by e-mail to [e-mail]. The company will answer the questions in writing or orally during the videoconference. Written replies will be published on the company's website where appropriate.
• Shareholders who completed the participation formalities in a timely and valid manner will be able to participate remotely in the meeting which will take place via videoconference. The link of the internet-based meeting tool provided for this will be sent to them. As far as possible, they are therefore requested to provide a valid e-mail address upon registration to which this link can be sent.
• As mentioned in our convocation of 27 March 2020, only the formal agenda items will be discussed and therefore no management presentation will be given.

On March 27, 2020 the share capital of Van de Velde NV is represented by 13.322.480 shares of which 13.294.302 shares have a voting right.

The full notice convening document is made available through the following link. The notice convening document and herein included agenda are unchanged with respect to the convocation as published on the 27th of March 2020. However, shareholders need to take into account the modified formalities for participation as set out above.

• Theannual report(including the consolidated financial statements and the Auditor's report on the consolidated financial statements).
• Thestatutory financial statements and statutory annual reportof Van de Velde NV.
• TheAuditor's reporton the statutory financial statements (Dutch).
• Theremuneration report.
• Theproxy form as modified on 16.04.2020.
• Thevoting form added on 16.04.2020.
• Right to place items on the agenda of the Shareholders' Meeting or to submit proposed decisions.
• Resume Greet Van de Velde(Dutch).

Van de Velde is the powerhouse of world class brands PrimaDonna, Marie Jo and Andres Sarda. Our mission is to deliver the ultimate personalized consumer experience. As a leading player in the luxury and fashionable women's lingerie, swimwear and sportswear sector, Van de Velde bases its long-term strategy on developing and expanding brands upon Lingerie Styling. This proprietary concept combines fit, style and fashion. Our key markets are in Europe and North America and we work closely together with 5,000 on- & offline specialty lingerie stores worldwide. We run our own premium retail chains, under the names Rigby & Peller, Lincherie and Private Shop, in which we exemplify the principles of Lingerie Styling. Van de Velde is listed on Euronext Brussels.

CONTACTS

For more information, contact:

Van de Velde NV - Lageweg 4 - 9260 Schellebelle - [phone] - www.vandevelde.eu

Marleen Vaesen	Karel Verlinde
Chief Executive Officer	Financial Director
as permanent representative of	as permanent representative of
Mavac BV	Karel Verlinde CommV