Greenyard : Disclosure in accordance with the requirements of the Act of 2 May 2007

Disclosure in accordance with the requirements of the Act of 2 May 2007

Sint-Katelijne-Waver, Belgium, 6 April 2021

Pursuant to the Belgian Act of 2 May 2007 on the disclosure of major participations in issuers of which shares are admitted to trading on a regulated market, Greenyard received on 31 March 2021 three transparency notifications. These notices are subsequent to the € 50 million capital increase which was successfully completed on 26 March 2021 and which resulted in an increase of the total number of shares respectively voting rights in Greenyard to 51,515,443 (the denominator) as of 26 March 2021.

Mr Hein Deprez, Deprez Holding NV, Food Invest International NV and Greenyard NV (in respect of its treasury shares) have notified Greenyard that on 26 March 2021 their shareholding in Greenyard has downwards (passively) crossed the 50% statutory threshold. According to the transparency notification of 31 March 2021, Deprez Holding NV, Food Invest International NV and Greenyard NV (in respect of its 1,692,500 treasury shares) together hold 23,553,927 Greenyard shares, representing 45.72% of the total number of Greenyard shares respectively voting rights.

On 26 March 2021 Alychlo NV subscribed for 6,928,572 new Greenyard shares through a contribution of an amount of € 48,500,004 as a result of which its shareholding in Greenyard has exceeded the 10% statutory threshold. According to the transparency notification of 30 March 2021, Alychlo NV holds 6,928,572 Greenyard shares or 13.45% of the total number of Greenyard shares respectively voting rights.

Mr Thomas Borman and Sujajo Investments S.A. have notified Greenyard that on 26 March 2021 their shareholding in Greenyard has downwards (passively) crossed the 7.5% statutory threshold. According to the transparency notification of 31 March 2021, Sujajo Investments S.A. holds 3,657,145 Greenyard shares, representing 7.10% of the total number of Greenyard shares respectively voting rights.

The participation of Mr Joris Ide who subscribed for 214,286 new shares through a contribution of an amount of € 1,500,002 in Greenyard on 26 March 2021, remains 3.00% of the total number of Greenyard shares respectively voting rights.

The free float consequently decreases from 36.5% to 33.73%. The full transparency notices, as well as the shareholders' structure pursuant to the received transparency notifications, are available on the Greenyard website under the heading Investor Relations - Corporate Governance.

For additional information, please contact Greenyard NV:

Dennis Duinslaeger, Investor Relations T [phone] [e-mail]

Disclaimer

This press release may contain forward-looking statements. Such statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Greenyard

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is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release in light of new information, future events or otherwise, unless as required by applicable law. Greenyard disclaims any liability for statements made or published by third parties (including any employees who are not explicitly mandated by Greenyard) and does not undertake any obligation to correct inaccurate data, information, conclusions or opinions published by third parties in relation to this or any other press release issued by Greenyard.

About Greenyard

Greenyard (Euronext Brussels: GREEN) is a global market leader of fresh, frozen and prepared fruit & vegetables, flowers and plants. Counting Europe's leading retailers amongst its customer base, Greenyard provides efficient and sustainable solutions to customers and suppliers through best-in-class products, market leading innovation, operational excellence and outstanding service.

Our vision is to make lives healthier by helping people enjoy fruit and vegetables at any moment, easily, quickly and pleasurably, whilst fostering nature.

With around 9.000 employees operating in 23 countries worldwide, Greenyard identifies its people, and customer and supplier relationships, as the key assets which enable it to deliver goods and services worth around €4 billion per annum.

www.greenyard.group

Regulated Information - 6 April 2021 - 5.45pm