Sofina : Placement of inaugural bonds – 16/09/2021

Press Release

Sofina successfully completes the placement of inaugural

EUR 700,000,000 Senior Unsecured Bonds with a 7 year maturity

and 1.000% coupon

• EUR 700 million 7 year fixed rate senior unsecured bonds maturing in 2028, with a coupon of 1.000%
• Inaugural bond issuance which benefitted from significant investor support across Europe with more than 25 investors participating in investor meetings
• Issuance to diversify funding sources, optimise Sofina's overall cost of capital and increase its financial flexibility
• Bond transaction to support ongoing growth and investment initiatives

Brussels, Belgium, 16 September 2021 after 5.45 pm - Sofina SA (Euronext Brussels: SOF), a Belgium-basedinvestment company founded in 1898 and controlled by the descendants of Gustave Boël, has today completed the placement of inaugural EUR 700 million senior unsecured bonds maturing in 2028 (the "bonds"). The bonds and Sofina are unrated. The bonds will be issued on 23 September 2021 and listed on Euronext Growth Brussels.

The favourable market conditions and the positive reception from investors allowed Sofina to price its inaugural bond with a coupon of 1.000% per annum.

This inaugural access to debt capital markets will increase the financial flexibility with which Sofina operates as well as improve its average cost of capital.

The proceeds of the inaugural bond issuance will be used for general corporate purposes, including funding of new investments, support of portfolio companies and generally, further development of its strategy across the focus sectors, the investment styles and geographies where Sofina is active.

Sofina management team hosted investors' meetings on 14 and 15 September 2021 during which the team met with more than 25 investors. The investor presentation is available on Sofina's website through the following link.

BNP Paribas and Morgan Stanley acted as Joint Global Coordinators, and Belfius, KBC and Société Générale acted as Joint Lead Managers on this transaction.

Harold Boël (Chief Executive Officer): "With a diversified investment portfolio of over EUR 10 billion deployed globally covering different investment styles and four focus sectors, Sofina confirms its position among relevant European growth investors.

Over the last decade, Sofina's team has built a franchise in the growth capital space, returning resilient and stable performance through the cycle. Sofina seeks to benefit from the acceleration in the digitization of the economy following the pandemic, and the global trends in private markets.

The increased liquidity will allow Sofina to optimise its mostly equity funded capital structure, capture attractive investment opportunities while maintaining its historic commitment to a disciplined and prudent capital management".

About Sofina

Sofina is a family-controlled investment company listed on Euronext Brussels, managing its own assets that represent ca. EUR 10.4 billion. Sofina aspires to be the preferred partner of entrepreneurs and families who lead growing companies by backing them with patient capital and supportive advice. Common vision and strong alignment of interests with its partners are paramount in the deployment of its strategy.

Corporate website:https://www.sofinagroup.com/

SOFINA SA	Contact:	Wauthier de Bassompierre
Rue de l'Industrie, 31 - 1040 Brussels		Tel.: [phone]
RPM Bruxelles: 0403.219.397		Email:[e-mail]
Listed on Euronext Brussels - ISIN BE0003717312		Website:www.sofinagroup.com
Euronext ticker: SOF
Bloomberg: SOF BB

Disclaimer

THIS COMMUNICATION IS NOT INTENDED FOR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH DISTRIBUTION IS PROHIBITED UNDER APPLICABLE LAW.

The issue, exercise or sale of securities in the offering are subject to specific legal or regulatory restrictions in certain jurisdictions. The information contained herein shall not constitute or form part of an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein, in any jurisdiction in which such offer, solicitation or sale would be unlawful. Sofina SA (the "Company") assumes no responsibility in the event that there is a violation by any person of such restrictions.

This press release does not constitute an offer to sell, or a solicitation of offers to purchase or subscribe for, securities in the United States or any other jurisdiction. The securities referred to herein have not been, and will not be, registered under the Securities Act of 1933, as amended, and may not be offered, exercised or sold in the United States or to, or for the account or benefit of, U.S. persons absent registration or an applicable exemption from registration requirements. There is no intention to register any portion of the offering in the United States or to conduct a public offering of securities in the United States.

This communication is only being distributed to and is only directed at persons in the United Kingdom in circumstances where the provisions of Section 21 of the Financial Services and Markets Act 2000, as amended (the "Financial Services and Markets Act") do not apply to the Company and is directed solely at persons in the United Kingdom who (i) have professional experience in matters relating to investments, such persons falling within the definition of "investment professionals" in Article 19(5) of the Financial Services and Markets Act (Financial Promotion) Order 2005, as amended (the "Order") or (ii) are persons falling within Article 49(2)(a) to (d) of the Order or other persons to whom it may lawfully be communicated (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication may relate is only available to, and any invitation, offer or agreement to engage in such investment activity will be

engaged in only with, relevant persons. Any person who is not a relevant person should not act or rely on this communication or any of its contents.

The securities referred to herein are not intended to be offered, sold or otherwise made available to, and should not be offered, sold or otherwise made available to, any retail investor in the European Economic Area. For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (11) of Article 4(1) of Directive 2014/65/EU, as amended ("MiFID II") or (ii) a customer within the meaning of Directive (EU) 2016/97, as amended, where that customer would not qualify as a professional client as defined in point (10) of Article 4(1) of MiFID II.

The securities referred to herein are not intended to be offered, sold or otherwise made available to, and should not be offered, sold or otherwise made available to, any retail investor in the United Kingdom. For these purposes, a retail investor means a person who is one (or more) of: (i) a retail client as defined in point (8) of Article 2 of Regulation (EU) No 2017/565 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018 ("EUWA") or (ii) a customer within the meaning of the provisions of the Financial Services and Markets Act and any rules or regulations made under the Financial Services and Markets Act to implement Directive (EU) 2016/97, where that customer would not qualify as a professional client as defined in point (8) of Article 2(1) of Regulation (EU) No 600/2014 as it forms part of domestic law by virtue of the EUWA.

The securities referred to herein are not intended to be offered, sold or otherwise made available, and will not be offered, sold or otherwise made available, to "consumers" (consommateurs / consumenten) within the meaning of the Belgian Code of Economic Law (Code de droit économique / Wetboek van economisch recht), as amended.

The securities referred to herein may be held only by, and transferred only to, eligible investors referred to in Article 4 of the Belgian Royal Decree of 26 May 1994, holding their securities in an exempt securities account that has been opened with a financial institution that is a direct or indirect participant in the securities settlement system operated by the National Bank of Belgium or any successor thereto.

The placement of the securities referred to herein is exclusively conducted under applicable private placement exemptions and therefore it has not been and will not be notified to, and the offering materials relating to the securities referred to herein have not been and will not be submitted to or approved by, the Belgian Financial Services and Markets Authority (Autorité des Services et Marchés Financiers/Autoriteit voor Financiële Diensten en Markten) or any other competent authority.

This document is not an offering document or prospectus in connection with an offering of securities by the Company.