BBGI Global Infrastructure Regulatory News (BBGI)

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the competent authority)i

1. Identity of the issuer or the underlying issuer of existing shares to which voting rights are attachedii:

BBGI SICAV S.A.

2. Reason for the notification (please tick the appropriate box or boxes):

[X] An acquisition or disposal of voting rights

[ ] An acquisition or disposal of financial instruments

[ ] An event changing the breakdown of voting rights

[ ] Other (please specify)iii:

3. Details of person subject to the notification obligationiv :

Name:

Aggregate of Standard Life Aberdeen plc affiliated investment management entities with delegated voting rights on behalf of multiple managed portfolios

City and country of registered office (if applicable):

Edinburgh, United Kingdom

4. Full name of shareholder(s) (if different from 3.)v:

5. Date on which the threshold was crossed or reachedvi:

25/09/2020

6. Total positions of person(s) subject to the notification obligation:

% of voting rights attached to shares (total of 7.A)

% of voting rights through financial instruments(total of 7.B.1 + 7.B.2)

Total of both in % (7.A + 7.B)

Total number of voting rights of issuervii

Resulting situation on the date on which threshold was crossed or reached

Below 5%

0.00

Below 5%

631,169,721

Position of previous notification (if applicable)

5.00

0.00

5.00

7. Notified details of the resulting situation on the date on which the threshold was crossed or reachedviii:

A: Voting rights attached to shares

Class/type ofshares

ISIN code (if possible)

Number of voting rightsix

% of voting rights

Direct

(Art 9 of Directive 2004/109/EC)

Indirect

(Art 10 of Directive 2004/109/EC)

Direct

(Art 9 of Directive 2004/109/EC)

Indirect

(Art 10 of Directive 2004/109/EC)

LU0686550053

N/A

Below 5%

N/A

Below 5%

SUBTOTAL A

Below 5%

Below 5%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC

Type of financial instrument

Expirationdatex

Exercise/Conversion Periodxi

Number of voting rights that may be acquired if the instrument is exercised/ converted.

% of voting rights

SUBTOTAL B.1

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash settlementxii

Number of voting rights

% of voting rights

SUBTOTAL B.2

8. Information in relation to the person subject to the notification obligation (please tick the applicable box):

[ ] Person subject to the notification obligation is not controlled by any natural person or legal entity and does not control any other undertaking(s) holding directly or indirectly an interest in the (underlying) issuer.xiii

[X] Full chain of controlled undertakings through which the voting rights and/or thefinancial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv:

Namexv

% of voting rights if it equals or is higher than the notifiable threshold

% of voting rights through financial instruments if it equals or is higher than the notifiable threshold

Total of both if it equals or is higher than the notifiable threshold

Standard Life Aberdeen plc

Standard Life Investments (Holdings) Limited

Aberdeen Standard Capital Limited

Standard Life Aberdeen plc

Aberdeen Asset Management PLC

Aberdeen Asset Managers Limited

Standard Life Aberdeen plc

Aberdeen Asset Management PLC

Aberdeen Asset Investment Group Limited

Aberdeen Asset Investments Limited

Standard Life Aberdeen plc

Standard Life Investments (Holdings) Limited

Aberdeen Standard Capital Limited

Aberdeen Standard Capital International Limited

Standard Life Aberdeen plc

Aberdeen Asset Management PLC

Aberdeen Standard Investments (Asia) Limited

Standard Life Aberdeen plc

Aberdeen Asset Management PLC

Aberdeen Standard Investments Taiwan Limited

9. In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

10. Additional informationxvi:

In reference to Section 8, the shares detailed are managed by the named discretionary investment management entity within multiple portfolios on behalf of underlying clients, based on investment management agreements where-by the client has delegated the exercise of the voting power to the referenced investment manager.