Conversion rate dividend in shares set at 1:46.4

Press release

HAL

CONVERSION RATE DIVIDEND IN SHARES SET AT 1:46.4

On May 18, 2022, the proposal to distribute a dividend of € 5.70 per HAL Trust share was approved. The dividend will be payable in HAL Trust shares for € 2.85 per share and in cash for € 2.85 per share.

With respect to the dividend in shares, shareholders will receive one new HAL Trust share per 46.4 dividend rights of shares. Any fraction of a share will be settled in cash.

The conversion ratio was determined based on the volume-weighted average share price of HAL Trust shares traded on Euronext in Amsterdam during the period May 23, 2022, through June 10, 2022.

Both the cash and stock dividend will be payable as from June 17, 2022.

A total of 1,869,174 new shares HAL Trust will be issued. A request for listing of the newly issued HAL Trust shares will be submitted to Euronext Amsterdam. Pursuant to Section 5:4 (e) of the Financial Supervision Act there is no obligation to publish a prospectus in connection with the admission. After the issue the number of outstanding HAL Trust shares will amount to 88,598,887

Paying Agent: ABN AMRO Bank N.V. ([phone]).

HAL Holding N.V.

June 10, 2022

18h00

HAL HOLDING N.V.

1

Commercial registry Curaçao 46339

5, AVENUE DES CITRONNIERS, MC 98000 MONACO

TEL: [phone] FAX: [phone]