Keyware Technologies : TRANSPARANCY DECLARATION RECEIVED FROM DRUPAFINA

PRESS RELEASE

17 February 2021 - 19.00 CET

PUBLICATION OF A TRANSPARENCY NOTIFICATION

Brussels, Belgium - 17 February 2021 - Keyware (EURONEXT Brussels: KEYW) a leading supplier of electronic payment solutions and software development, discloses today that a shareholder has crossed the 10% threshold.

According to Article 14, first paragraph, of the Law of 2 May 2007 on disclosure of major holdings in issuers whose shares are admitted to trading on a regulated Belgian market, Keyware Technologies ('the Company') discloses today that it has received from Drupafina NV a notification of an important participation triggered by a threshold crossing.

1. Summary

On 11 February 2021 Drupafina NV notifies that it holds, together with Guido Wallebroek, on aggregate 2,358,026 voting rights in Keyware Technologies represented by shares. This represents 10.02% of the 23,543,793 outstanding shares (denominator). The crossing of the 10% threshold is triggered by the acquisition of shares having voting rights or voting rights.

2. Content

Today's received notification comprises the following information:

• − the reason for the notification is the acquisition of shares having voting rights or voting rights

• − the notification is issued by the parent enterprise (the Company)

• − the person subject to the notification requirement is the company Drupafina NV, together with Mister Guido Wallebroek. The latter is related to Drupafina NV

• − no persons that dispose of voting rights need to be mentioned

• − the transaction date is 10 February 2021, on the occasion of the acquisition of shares having voting rights or voting rights

• − the threshold that is crossed is 10%

• − the denominator is 23,543,793

• − the notified details are as follows

a) Voting rights	Former notification	Post transaction
# voting rights	# voting rights	% voting rights
Holders of voting rights	Related to shares	Not related to shares	Related to shares	Not related to shares
Guido Wallebroek	0	0	0.00%
Drupafina NV	1,450,942	2,358,026	10.02%
Subtotal	1,450,942	2,358,026	10.02%
TOTAL	2,358,026	0	10.02%	0.00%

b) Equivalent financial instrumentsPost transaction

Holders of equivalent financial instruments

Type of financial instrumentMaturity date

Exercise term or date

# voting rights that can be acquired through the exercise of the instrument

% voting rightsunfolding

TOTAL

0

0.00%

TOTAL (a) + b))	# voting rights	% voting rights
CALCULATED	2,358,026	10.02%

• − the chain of controlled undertakings through which the holding is effectively held : Mister Guido Wallebroek controls ultimately Drupafina NV

• − No other information needs to be reported

The transparency notification can be consulted on the website of the Company in its original form (Dutch).

About Keyware

Keyware (EURONEXT Brussels: KEYW) is a leading supplier of electronic payment solutions and software development. Keyware is based in Zaventem, Belgium. More information is available onwww.keyware.com.

For additional information, please contact:

Mr Stéphane Vandervelde

President & CEO Keyware Technologies NV

Tel: [phone]