Extraordinary General Meeting of 24 November 2026

The shareholders of WDP NV/SA are invited to the Extraordinary General Meeting on Tuesday 24 November 2026 at 9:00 a.m. CET at the registered office of the Company, Blakebergen 15, B‑1861 Wolvertem (Meise).

All documents and practical information relating to the Extraordinary General Meeting are available online.

The Extraordinary General Meeting is being convened on 24 November 2026 to allow WDP shareholders to vote on the proposed combination with ARGAN, announced on 23 July 2026. The proposed transaction is structured as a friendly all-share cross-border merger. Under the proposed terms, ARGAN shareholders will receive three newly issued WDP shares for each ARGAN share held. In addition, ARGAN will propose an exceptional distribution of 11 euros per share prior to completion of the merger. 

The combination would bring together two highly complementary logistics real estate platforms and create a leading 13 billion+ euro European logistics real estate platform, with over 700 million euros in annualised rental income and approximately 13 million m² of logistics space across eight countries. 

The proposed combination remains on track and is expected to be completed in the first quarter of 2027, subject to the remaining customary approvals and conditions (including the shareholder approvals).

Further information on the proposed combination with ARGAN is available on WDP​-ARGAN​.eu. 

1. See the press release of 23 July 2026.

Disclaimer

The envisaged merger does not constitute an offering in Belgium, France or another state or jurisdiction, other than the United States, where the offering will be made pursuant to the exemption of Rule 802 under the U.S. Securities Act of 1933, as amended (the ​“Securities Act”). No action has been or will be taken to permit an offering in any state or jurisdiction other than the United States. 

This press release may not be construed as a prospectus or an information document as referred to in Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017 on the prospectus to be published when securities are offered to the public or admitted to trading on a regulated market (the ​“Prospectus Regulation”), or any implementing measure in any relevant member state of the European Economic Area. 

This press release does not constitute an offer or solicitation to acquire, purchase, subscribe for, sell or exchange any securities in Australia, Hong Kong, Canada, Japan, New Zealand, South Africa, Switzerland and the United Kingdom, or any other state or jurisdiction where to do so would constitute a violation of the laws of that state or jurisdiction, and no such offer (or solicitation) may be made in any such jurisdiction. Any failure to comply with this restriction may constitute a violation of the securities laws of Australia, Hong Kong, Canada, Japan, New Zealand, South Africa, Switzerland and the United Kingdom, or other applicable laws. All people who read this announcement should inform themselves of any such restrictions and comply with them. This announcement is not intended for release, publication, or distribution, in whole or in part, in or into, directly or indirectly, any jurisdiction in which such release, publication, or distribution could constitute a breach of the applicable laws of such jurisdiction. WDP and ARGAN explicitly decline any liability for breach of these restrictions by any person. 

The shares to be issued in connection with the envisaged merger may not be offered or sold in the United States except pursuant to an effective registration statement under the Securities Act, or pursuant to a valid exemption from registration. WDP is offering its shares in connection with the envisaged merger in the United States in reliance on the exemption from registration provided by Rule 802 under the Securities Act (“Rule 802”). 

Important Notice to U.S. Investors 

The merger will involve the exchange of securities of a public limited liability company incorporated in Belgium and a public limited company incorporated in France. The offer of shares in the merger is subject to disclosure requirements of a foreign country that are different from those of the United States. Financial statements included or referred to in this document, if any, have been prepared in accordance with foreign accounting standards that may not be comparable to the financial statements of United States companies. It may be difficult for you to enforce your rights and any claim you may have arising under the U.S. federal securities laws, since WDP is located in a foreign country, and some or all of its officers and directors may be residents of a foreign country. You may not be able to sue a foreign company or its officers or directors in a foreign court for violations of the U.S. securities laws. It may be difficult to compel a foreign company and its affiliates to subject themselves to a U.S. court’s judgment. 

You should be aware that WDP may purchase securities otherwise than in the context of the merger, such as in open market or privately negotiated purchases.