Bergson acquires shares in Hunter Douglas

Rotterdam 16 December 2020 – Bergson Holdings B.V. ("Bergson") and Hunter Douglas N.V. ("Hunter Douglas") today announce that Bergson conducted transactions in Hunter Douglas shares.

Reference is made to the joint press release dated 12 December 2020 by Bergson and Hunter Douglas announcing  the recommended all-cash public offer for all Hunter Douglas' outstanding common shares (the "Offer").

Pursuant to Section 5, paragraphs 4 and 5 of the Decree on Public Takeover Bids (Besluit openbare biedingen Wft, the "Decree"), Bergson and Hunter Douglas announce that Bergson today conducted transactions in common shares of Hunter Douglas.

Date

Transaction type

Total number of shares

Type of shares

Volume weighted average price

16 December 2020

Purchase

38,387

common

EUR 63.40


The highest price per Hunter Douglas common share paid by Bergson in a transaction conducted today was EUR 63.40 per share.

Based on the transactions set out above, Bergson today acquired a total of 38,387 common shares in Hunter Douglas, representing 0.11% of the issued and outstanding common shares and 0.06% of the total issued and outstanding share capital of Hunter Douglas.

Together with the Hunter Douglas common and preference shares already held by Bergson and its affiliates prior to today, Bergson and its affiliates currently hold 29,176,579 common shares and 34,242,517 preference shares, representing 91.59% of the issued and outstanding share capital of Hunter Douglas on the date hereof.

Other

To the extent permissible under applicable law or regulation, Bergson may from time to time after the date hereof, and other than pursuant to the intended Offer, directly or indirectly purchase, or arrange to purchase, common shares in the capital of Hunter Douglas, that are the subject of the Offer. To the extent information about such purchases or arrangements to purchase is made public in the Netherlands, such information will be disclosed by means of a press release to inform shareholders of such information, which will be made available on the website of the Dutch Authority for the Financial Markets (Autoriteit Financiële Markten, the "AFM").

For further information contact

Hunter Douglas N.V.                                                   Bergson Holdings B.V.

Leen Reijtenbagh                                                        Dr. Christopher King

Chief Financial Officer                                                Tel: +41414192774

Tel: +31 10 4869 582                                                 E-mail: cking@hdml.ch

E-Mail: l.reijtenbagh@hdnv.nl                                    Website: www.bergson-holdings.com

Website: www.hunterdouglasgroup.com

Disclaimer

This is a joint press release by Bergson and Hunter Douglas pursuant to Section 5, paragraphs 4 and 5 of the Decree in connection with the intended Offer and contains inside information within the meaning of Article 7(1) of the EU Market Abuse Regulation.

The information in the press release is not intended to be complete. This announcement is for information purposes only and does not constitute an offer, or any solicitation of any offer, to buy or subscribe for any securities. Any offer will be made only by means of an offer memorandum approved by the AFM.

The distribution of this press release may, in some countries, be restricted by law or regulation. Accordingly, persons who come into possession of this document should inform themselves of and observe these restrictions. To the fullest extent permitted by applicable law, Bergson and Hunter Douglas disclaim any responsibility or liability for the violation of any such restrictions by any person. Any failure to comply with these restrictions may constitute a violation of the securities laws of that jurisdiction. Neither Bergson, nor Hunter Douglas, nor any of their advisors assumes any responsibility for any violation of any of these restrictions. Any shareholder of Hunter Douglas who is in any doubt as to his or her position should consult an appropriate professional advisor without delay.

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