Croda International Regulatory News (CRDA)

NOTIFICATION OF MAJOR HOLDINGS (to be sent to the relevant issuer and to the FCA in Microsoft Word format if possible)i

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

Croda International Plc

1b. Please indicate if the issuer is a non-UK issuer (please mark with an "X" if appropriate)

Non-UK issuer

2. Reason for the notification (please mark the appropriate box or boxes with an "X")

An acquisition or disposal of voting rights

X

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

RBC Global Asset Management Inc. ("RBC GAM")

RBC Phillips, Hager & North Investment Counsel Inc. ("PH&N IC")

RBC Private Counsel (USA) Inc. ("RBC Private Counsel")

Royal Trust Corporation of Canada ("Royal Trust")

City and country of registered office (if applicable)

Toronto, Ontario, Canada

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

Name

City and country of registered office (if applicable)

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

16/01/2020

6. Date on which issuer notified (DD/MM/YYYY):

17/03/2020

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

% of voting rights attached to shares (total of 8. A)

% of voting rights through financial instruments(total of 8.B 1 + 8.B 2)

Total of both in % (8.A + 8.B)

Total number of voting rights of issuervii

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

3.018%

0.053%

3.071%

128,888,678

Position of previous notification (if

applicable)

N/A

N/A

N/A

8. 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) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Direct

(Art 9 of Directive 2004/109/EC) (DTR5.1)

Indirect

(Art 10 of Directive 2004/109/EC) (DTR5.2.1)

Ordinary Shares of 10.609756p each GB00BJFFLV09

3,878,693

(RBC GAM)

3.009%

10,794

(PH&N IC)

0.008%

 1,634

(RBC Private Counsel)

0.001%

SUBTOTAL 8. A

3,891,121

3.018%

B 1: Financial Instruments according to Art. 13(1)(a) of Directive 2004/109/EC (DTR5.3.1.1 (a))

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

American Depositary Shares (ISIN: US45857P8068)

52,339

(PH&N IC)

0.041%

15,786

(RBC Private Counsel)

0.012%

319

(Royal Trust)

0.000%

SUBTOTAL 8. B 1

68,444

0.053%

B 2: Financial Instruments with similar economic effect according to Art. 13(1)(b) of Directive 2004/109/EC (DTR5.3.1.1 (b))

Type of financial instrument

Expirationdatex

Exercise/Conversion Period xi

Physical or cash

settlementxii

Number of voting rights

% of voting rights

N/A

SUBTOTAL 8.B.2

9. Information in relation to the person subject to the notification obligation (please mark the applicable box with an "X")

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) issuerxiii

Full chain of controlled undertakings through which the voting rights and/or the financial instruments are effectively held starting with the ultimate controlling natural person or legal entityxiv (please add additional rows as necessary)

X

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

RBC GAM

N/A

N/A

N/A

Capital Funding Alberta Limited (controlling entity holding 100% of RBC GAM)

N/A

N/A

N/A

Royal Bank Holding Inc. (controlling entity holding 100% of Capital Funding Alberta Limited)

N/A

N/A

N/A

Royal Bank of Canada (controlling entity holding 100% of Royal Bank Holding Inc.)

3.071%

N/A

3.071%

PH&N IC

N/A

N/A

N/A

Royal Bank Holding Inc. (controlling entity holding 100% of PH&N IC)

N/A

N/A

N/A

Royal Bank of Canada (controlling entity holding 100% of Royal Bank Holding Inc.)

3.071%

N/A

3.071%

RBC Private Counsel

N/A

N/A

N/A

Royal Bank Holding Inc. (controlling entity holding 100% of RBC Private Counsel)

N/A

N/A

N/A

Royal Bank of Canada (controlling entity holding 100% of Royal Bank Holding Inc.)

3.071%

N/A

3.071%

Royal Trust

N/A

N/A

N/A

Royal Bank of Canada (controlling entity holding 100% of Royal Trust)

3.071%

N/A

3.071%

10. In case of proxy voting, please identify:

Name of the proxy holder

The number and % of voting rights held

The date until which the voting rights will be held

11. Additional informationxvi

Number of Croda International Plc ordinary shares in issue, excluding shares held in treasury: 128,888,678

Place of completion

Cowick Hall, Snaith, England

Date of completion

18 March 2020