NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR
INDIRECTLY, IN OR INTO THE UNITED STATES, CANADA, AUSTRALIA, JAPAN, SOUTH AFRICA
OR ANY OTHER JURISDICTION IN WHICH OFFERS OR SALES WOULD BE PROHIBITED BY
APPLICABLE LAW. THIS ANNOUNCEMENT IS NOT AN OFFER OF SECURITIES FOR SALE IN ANY
JURISDICTION, INCLUDING THE UNITED STATES, CANADA, SOUTH AFRICA, AUSTRALIA OR
JAPAN. NEITHER THIS ANNOUNCEMENT NOR ANYTHING CONTAINED HEREIN SHALL FORM THE
BASIS OF, OR BE RELIED UPON IN CONNECTION WITH, ANY OFFER OR COMMITMENT
WHATSOEVER IN ANY JURISDICTION 

June 22, 2022: Groupe Bruxelles Lambert SA ("GBL"), an investment holding
company listed on Euronext Brussels, through its wholly-owned subsidiary Owen
Capital S.à.r.l., announces that it has successfully sold 18,113,207 shares of 
Mowi ASA ("Mowi").

GBL has successfully completed the sale of 18,113,207 shares of Mowi,
corresponding to 3.5% of Mowi's share capital, by way of an accelerated
bookbuilding process (the "Offering") at a price of NOK 222 per share,
representing approximately EUR 0.4 billion of proceeds. 

GBL retains 18,113,207 million shares in Mowi, equivalent to 3.5% of the
company's capital and voting rights. GBL's holding in Mowi has fallen below the
5% threshold pursuant to section 4-2 of the Norwegian Securities Trading Act. 

This transaction was done in the context of the group's portfolio rotation
strategy, which has entailed over  EUR 26 billion* from the beginning of 2012
through the first quarter of 2022. The stake sold represents approximately 2% of
the NAV as of March 31, 2022.

The sale generated a capital gain of nearly EUR 0.1 billion, which will not
impact GBL's consolidated net result, as per IFRS 9.    

GBL will be subject to a 90 calendar day lock-up agreement from the settlement
date of the Offering, which is expected to take place on June 24, 2022, with
respect to its remaining holding in Mowi, subject to certain exceptions or
waiver by the Bookrunner.

GBL is co-controlled by Ségolène Gallienne - Frère and The Desmarais Family
Residuary Trust. GBL does not hold any other rights on the Mowi shares. Goldman
Sachs Bank Europe SE acted as Sole Bookrunner in connection with this
transaction. ABG Sundal Collier acted as Placing Agent.

This press release is subject to the disclosure requirements pursuant to Section
4-2 the Norwegian Securities Trading Act.

*Excluding share buybacks.

For more information, please contact:

Xavier Likin,
Chief Financial Officer
Tel: +32 2 289 17 72
xlikin@gbl.be 

Alison Donohoe
Head of Investor Relations
Tel: +32 2 289 17 64
adonohoe@gbl.be 

About Groupe Bruxelles Lambert
Groupe Bruxelles Lambert ("GBL") is an established investment holding company,
with over sixty years of stock exchange listing, a net asset value of EUR 21.3
billion and a market capitalization of EUR 14.7 billion at the end of March
2022. GBL is a leading investor in Europe, focused on long-term value creation
and relying on a stable and supportive family shareholder base. GBL is both a
responsible company and investor and perceives ESG factors as being inextricably
linked to value creation.

GBL strives to maintain a diversified high-quality portfolio of listed and
private assets as well as alternative investments (through Sienna Investment
Managers, the group's alternative investment platform), composed of global
companies that are leaders in their sector, to which it can contribute to value
creation by being an active professional investor. 
GBL is focused on delivering meaningful growth by providing attractive returns
to its shareholders through a combination of growth in its net asset value, a
sustainable dividend and share buybacks.

GBL is listed on Euronext Brussels (Ticker: GBLB BB