Hal Trust : Intention to launch initial public offering of Coolblue

Press release

HAL

INTENTION TO LAUNCH INITIAL PUBLIC OFFERING

OF COOLBLUE

Today, Coolblue announced its intention to launch an initial public offering ("IPO") and listing of its ordinary shares on Euronext Amsterdam. HAL currently holds 48.88% of the ordinary shares in Coolblue.

The intended IPO will consist of Coolblue offering newly issued ordinary shares as well as a secondary offering by its current shareholders ("Selling Shareholders") of existing ordinary shares. The primary component is expected to be approximately € 150 million in newly issued ordinary shares.

Coolblue and the Selling Shareholders aim for a free float of 20-30% directly post-IPO. The intended IPO is expected to take place in October 2021, subject to market conditions and other relevant considerations.

Further information with respect to the intention to launch the IPO is available in a press release of Coolblue (the Intention To Launch) on www.aboutcoolblue.com.

HAL Holding N.V.

October 1, 2021

07h15

This press release contains inside information relating to HAL Trust within the meaning of Article 7(1) of the EU Market Abuse Regulation.

The release, publication or distribution of this announcement in certain jurisdictions may be restricted by law and therefore persons in such jurisdictions into which they are released, published or distributed, should inform themselves about, and observe, such restrictions.

HAL HOLDING N.V.

5, AVENUE DES CITRONNIERS, MC 98000 MONACO

Commercial registry Curaçao 46339

TEL: [phone] FAX: [phone]

This announcement is not an advertisement and does not constitute a prospectus within the meaning of the Prospectus Regulation (EU) No. 2017/1129 (as amended) and does not constitute an offer to acquire securities. If any offer to acquire securities will be made, any investor should make his investment, solely on the basis of information that will be contained in a prospectus to be made generally available in connection with such an offer. When made generally available, copies of a prospectus may be obtained at no cost from Coolblue or through the website of Coolblue. The information in this announcement is subject to change.

This announcement may include statements, including HAL Holding N.V.'s (the "Company") financial and operational medium-term objectives that are, or may be deemed to be, "forward- looking statements". These forward-looking statements may be identified by the use of forward- looking terminology, including the terms "believes", "estimates", "plans", "projects", "anticipates", "expects", "intends", "may", "will" or "should" or, in each case, their negative or other variations or comparable terminology, or by discussions of strategy, plans, objectives, goals, future events or intentions. Forward-looking statements may and often do differ materially from actual results. Any forward-looking statements reflect the Company's current view with respect to future events and are subject to risks relating to future events and other risks, uncertainties and assumptions relating to the Company's business, results of operations, financial position, liquidity, prospects, growth or strategies. Forward-looking statements speak only as of the date they are made.

The Company expressly disclaims any obligation or undertaking to update, review or revise any forward-looking statement contained in this announcement whether as a result of new information, future developments or otherwise.

This announcement does not contain, constitute, or form part of, an offer to sell, or a solicitation of an offer to purchase, any securities in the United States, nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The ordinary shares have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold within the United States absent registration or pursuant to an applicable exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. There is no intention to register the ordinary shares in the United States or to make a public offering of the ordinary shares in the United States. This press release is neither an offer to sell nor a solicitation of an offer to buy the ordinary shares. This notice is being issued pursuant to and in accordance with Rule 135c under the Securities Act.

HAL HOLDING N.V.

5, AVENUE DES CITRONNIERS, MC 98000 MONACO

Commercial registry Curaçao 46339

TEL: [phone] FAX: [phone]