Press release


Antwerp, May 21st, 2024, 08:55 CET



Acquisition of VPM's stake in Gimv by Worxinvest finalised
The sale of Gimv shares by the Vlaamse Participatiemaatschappij (VPM) to the
diversified investment company WorxInvest was finalised today. All necessary
regulatory approvals have been obtained, allowing the closing of the transaction
that was announced on November 30th, 2023. This means that WorxInvest becomes
the new reference shareholder of Gimv, European investment company listed on
Euronext Brussels, with a stake of 28.73% after additional purchases between signing
and closing.


Following the closing of this transaction, there Hilde Laga, Outgoing Chairman of Gimv,
also has been a reshuffle in Gimv's board of declares: “We are particularly proud of what
directors. Filip Dierckx is co-opted into the Gimv has been able to achieve over the past
board of directors of Gimv and becomes 44 years. It is with great confidence in Gimv's
chairman. In addition, the board of directors of future that we can now complete this
Gimv co-opts the following two directors transaction. We are convinced that WorxInvest
nominated by WorxInvest: Robert van is the ideal long-term partner to continue this
Goethem and Marc Valentiny. A CV of these beautiful growth story. We wish the Gimv team
new directors is available at www.gimv.com. every success in continuing ‘Building Leading
Companies’ in cooperation with the new
The following directors representing VPM reference shareholder.”
resigned from Gimv's board of directors upon
completion of this transaction: Hilde Laga,
Marc Descheemaecker, Jan Desmeth and
Geert Peeters.

Filip Dierckx, Executive Chairman of WorxInvest
and incoming Chairman of Gimv, declares:
“We are delighted to start a new
entrepreneurial chapter with Gimv in the further
development of Gimv, with WorxInvest sharing
the same values and investment philosophy
with Gimv. Both Gimv and WorxInvest aspire to
sustainably maximise value in their portfolio
companies. The investment in Gimv is a major
step in the roll-out of WorxInvest's strategy that
we announced in November 2023. It will form
the basis of the direct investment strategy we
are building. WorxInvest is committed to driving
Gimv's long-term profitable growth. We look
forward to working with Koen Dejonckheere
and his team to ensure the success of this
value-creating partnership.”




Gimv NV - Karel Oomsstraat 37, 2018 Antwerp, Belgium - T +32 3 290 21 00 - www.gimv.com 1
Antwerp, May 21st, 2024, 08:55 CET Press release




About WorxInvest About Gimv

Antwerp-based WorxInvest has embarked on an Gimv is a European investment company, listed
expansion initiative to grow into a progressive, on Euronext Brussels and a member of the
growth-oriented and diversified investment Euronext BEL ESG Index. With over 40 years'
company. experience in private equity, Gimv currently has
EUR 1.6 billion of assets under management. The
WorxInvest carries out both direct and indirect portfolio contains around 60 portfolio companies,
investments. This includes strategic shareholder with combined turnover of EUR 3.7 billion and
positions as anchor investors in private and public more than 20,000 employees.
companies. It also builds a diversified portfolio of
best-performing buyout and growth funds active As a recognized market leader in selected
across Europe and North America. WorxInvest is investment platforms, Gimv identifies
also open to co-investments with these private entrepreneurial, innovative companies with high
equity funds. Another alternative asset class it is growth potential and supports them in their
considering is real estate. transformation into market leaders. Gimv's five
investment platforms are Consumer, Healthcare,
WorxInvest's overarching goal is to drive long-term Life Sciences, Smart Industries and Sustainable
sustainable value creation, while striving for Cities. Each platform works with an experienced
positive social impact. team across Gimv’s home markets of Benelux,
France and DACH, supported by an extended
For more information, please visit international network of experts.
www.worxinvest.com.
Further information on Gimv can be found on
For further information please contact: www.gimv.com.

Nils De Bremaeker, CFO For further information please contact:
T: +32 3 220 22 54
nils.debremaeker@worxinvest.com Kristof Vande Capelle, CFO
T +32 3 290 22 17
kristof.vandecapelle@gimv.com




Gimv NV - Karel Oomsstraat 37, 2018 Antwerp, Belgium - T +32 3 290 21 00 - www.gimv.com 2