Mechelen, Belgium; February 10, 2026, 22:01 CET; regulated information – Galapagos NV (Euronext & NASDAQ: GLPG) received transparency notifications from Bank of America.

Pursuant to Belgian transparency legislation1, Galapagos received transparency notifications on February 5, 6, and 9, 2026, from Bank of America Corporation. The initial notification indicates that Bank of America Corporation, as controlling entity, crossed above the threshold of 5% of Galapagos’ voting rights on February 2, 2026, followed by its controlled entity, BofA Securities, Inc., individually crossing the threshold of 5% on February 3, 2026, as a result of an acquisition of Galapagos’ voting rights and equivalent financial instruments. Subsequently, Galapagos received a notification indicating that BofA Securities, Inc. fell below the 5% threshold of Galapagos’ voting rights again on February 4, 2026 following the disposal of such instruments, and another notification indicating that the controlling entity, Bank of America Corporation, crossed below the 5% threshold linked to equivalent financial instruments on February 5, 2026 following the disposal of such equivalent financial instruments.

On February 5, 2026, the Bank of America Corporation (taking into account the holding of its affiliates) owned 132,087 voting rights and 3,323,941 equivalent financial instruments, representing together 5.04% of Galapagos’ currently outstanding 65,897,071 shares, versus 250,370 voting rights and 3,264,761 equivalent financial instruments, representing together 5.33%, in the initial notification of February 5 2026.

Summary of the transactions:

Date on which the threshold was crossed
Date of notification
Direct voting rights after the transaction
Equivalent financial instruments after the transaction
Total (%)
voting rights
February 2, 2026
February 5, 2026
0.38%
4.95%
5.33%
February 3, 2026
February 6, 2026
0.41%
6.82%
7.23%
February 4, 2026
February 6, 2026
0.40%
5.28%
5.68%
February 5, 2026
February 9, 2026
0.20%
4.84%
5.04%

Content of the notifications from Bank of America Corporation:
The notification dated February 9, 2026, contains the following information:

  • Date of notification: February 9, 2026
  • Date on which the threshold is crossed: February 5, 2026
  • Threshold of voting rights crossed (in %): 5%
  • Notification by: Bank of America Corporation
  • Denominator: 65,897,071
  • Reason for the notification: Acquisition or disposal of financial instruments that are treated as voting securities
  • Notified details:

A) Voting Rights
Previous notification
After the transaction
# of voting rights
# of voting rights
% of voting rights
Holder of voting rights
Linked to securities
Not linked to securities
Linked to securities
Not linked to securities
Bank of America Corporation
0
0
0.00%
Bank of America, National Association
12,475
12,475
0.02%
Merrill Lynch International
237,869
105,026
0.16%
Managed Account Advisors LLC
3
3
0.00%
BofA Securities, Inc.
0
0
0.00%
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
14,462
14,462
0.02%
U.S. Trust Company of Delaware
121
121
0.00%
Subtotal
269,930
132,087
0.20%
TOTAL
132,087
0
0.20%
0.00%


B) Equivalent financial instruments
After the transaction
Holder of equivalent financial instruments
Type of financial instrument
Expiration date
Exercise period or date
# of voting rights that may be acquired if the instrument is exercised
% of voting rights
Settlement
Merrill Lynch International
Right to Recall
151,400
0.23%
physical
BofA Securities, Inc.
Right to Recall
29,400
0.04%
physical
BofA Securities, Inc.
Rights of Use
2,844,618
4.32%
physical
Merrill Lynch International
Rights of Use
4,264
0.01%
physical
Bank of America, National Association
Physical Call Option
19/06/2026
100,000
0.15%
physical
Bank of America, National Association
Swaps
15/06/2026
12,500
0.02%
cash
Bank of America, National Association
Swaps
15/01/2027
4,216
0.01%
cash
Bank of America, National Association
Swaps
15/10/2027
15
0.00%
cash
Bank of America, National Association
Swaps
31/01/2028
289
0.00%
cash
Merrill Lynch International
Swaps
15/06/2026
12,500
0.02%
cash
Merrill Lynch International
Swaps
15/01/2027
15,405
0.02%
cash
Merrill Lynch International
Swaps
15/10/2027
15
0.00%
cash
Merrill Lynch International
Swaps
30/04/2026
10,610
0.02%
cash
Merrill Lynch International
Swaps
02/07/2026
1,237
0.00%
cash
Merrill Lynch International
Swaps
01/11/2027
4,949
0.01%
cash
Merrill Lynch International
Swaps
29/01/2027
124
0.00%
cash
Merrill Lynch International
Swaps
27/02/2026
312
0.00%
cash
TOTAL
3,191,854
4.84%


TOTAL (A&B)
# of voting rights
% of voting rights
3,323,941
5.04%

The chain of control has been described at the end of the notification (section 11) and can be found here.

The notification dated February 6, 2026, contains the following information:

  • Date of notification: February 6, 2026
  • Date on which the threshold is crossed: February 4, 2026
  • Threshold of voting rights crossed (in %): 5%
  • Notification by: Bank of America Corporation
  • Denominator: 65,897,071
  • Reason for the notification: Acquisition or disposal of financial instruments that are treated as voting securities
  • Notified details:

A) Voting Rights
Previous notification
After the transaction
# of voting rights
# of voting rights
% of voting rights
Holder of voting rights
Linked to securities
Not linked to securities
Linked to securities
Not linked to securities
Bank of America Corporation
0
0
0.00%
Bank of America, National Association
12,493
12,475
0.02%
Merrill Lynch International
242,319
237,869
0.36%
Managed Account Advisors LLC
3
3
0.00%
BofA Securities, Inc.
0
0
0.00%
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
14,462
14,462
0.02%
U.S. Trust Company of Delaware
121
121
0.00%
Subtotal
269,398
264,930
0.40%
TOTAL
264,930
0
0.40%
0.00%


B) Equivalent financial instruments
After the transaction
Holder of equivalent financial instruments
Type of financial instrument
Expiration date
Exercise period or date
# of voting rights that may be acquired if the instrument is exercised
% of voting rights
Settlement
Merrill Lynch International
Right to Recall
156,834
0.24%
physical
BofA Securities, Inc.
Right to Recall
29,400
0.04%
physical
BofA Securities, Inc.
Rights of Use
3,128,443
4.75%
physical
Merrill Lynch International
Rights of Use
3,421
0.01%
physical
Bank of America, National Association
Physical Call Option
19/06/2026
100,000
0.15%
physical
Bank of America, National Association
Swaps
15/06/2026
12,500
0.02%
cash
Bank of America, National Association
Swaps
15/01/2027
2,646
0.00%
cash
Bank of America, National Association
Swaps
15/10/2027
15
0.00%
cash
Bank of America, National Association
Swaps
31/01/2028
293
0.00%
cash
Merrill Lynch International
Swaps
15/06/2026
12,500
0.02%
cash
Merrill Lynch International
Swaps
15/01/2027
13,835
0.02%
cash
Merrill Lynch International
Swaps
15/10/2027
15
0.00%
cash
Merrill Lynch International
Swaps
30/04/2026
10,870
0.02%
cash
Merrill Lynch International
Swaps
02/07/2026
1,225
0.00%
cash
Merrill Lynch International
Swaps
01/11/2027
4,810
0.01%
cash
Merrill Lynch International
Swaps
29/01/2027
580
0.00%
cash
Merrill Lynch International
Swaps
29/12/2026
73
0.00%
cash
Merrill Lynch International
Swaps
27/02/2026
312
0.00%
cash
Merrill Lynch International
Swaps
09/09/2027
821
0.00%
cash
TOTAL
3,478,593
5.28%


TOTAL (A&B)
# of voting rights
% of voting rights
3,743,523
5.68%

The chain of control has been described at the end of the notification (section 11) and can be found here.

The notification dated February 6, 2026, contains the following information:

  • Date of notification: February 6, 2026
  • Date on which the threshold is crossed: February 3, 2026
  • Threshold of voting rights crossed (in %): 5%
  • Notification by: Bank of America Corporation
  • Denominator: 65,897,071
  • Reason for the notification: Acquisition or disposal of financial instruments that are treated as voting securities
  • Notified details:

A) Voting Rights
Previous notification
After the transaction
# of voting rights
# of voting rights
% of voting rights
Holder of voting rights
Linked to securities
Not linked to securities
Linked to securities
Not linked to securities
Bank of America Corporation
0
0
0.00%
Bank of America, National Association
12,493
12,493
0.02%
Merrill Lynch International
223,291
242,319
0.37%
Managed Account Advisors LLC
3
3
0.00%
BofA Securities, Inc.
0
0
0.00%
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
14,462
14,462
0.02%
U.S. Trust Company of Delaware
121
121
0.00%
Subtotal
250,370
269,398
0.41%
TOTAL
269,398
0
0.41%
0.00%


B) Equivalent financial instruments
After the transaction
Holder of equivalent financial instruments
Type of financial instrument
Expiration date
Exercise period or date
# of voting rights that may be acquired if the instrument is exercised
% of voting rights
Settlement
Merrill Lynch International
Right to Recall
156,834
0.24%
physical
BofA Securities, Inc.
Right to Recall
29,400
0.04%
physical
BofA Securities, Inc.
Rights of Use
4,145,294
6.29%
physical
Merrill Lynch International
Rights of Use
3,859
0.01%
physical
Bank of America, National Association
Physical Call Option
19/06/2026
100,000
0.15%
physical
Bank of America, National Association
Swaps
15/06/2026
12,500
0.02%
cash
Bank of America, National Association
Swaps
15/01/2027
2,646
0.00%
cash
Bank of America, National Association
Swaps
15/10/2027
15
0.00%
cash
Bank of America, National Association
Swaps
31/01/2028
295
0.00%
cash
Merrill Lynch International
Swaps
15/06/2026
12,500
0.02%
cash
Merrill Lynch International
Swaps
15/01/2027
13,835
0.02%
cash
Merrill Lynch International
Swaps
15/10/2027
15
0.00%
cash
Merrill Lynch International
Swaps
30/04/2026
9,990
0.02%
cash
Merrill Lynch International
Swaps
02/07/2026
1,298
0.00%
cash
Merrill Lynch International
Swaps
01/11/2027
4,668
0.01%
cash
Merrill Lynch International
Swaps
29/01/2027
1,442
0.00%
cash
Merrill Lynch International
Swaps
30/06/2026
134
0.00%
cash
Merrill Lynch International
Swaps
29/12/2026
313
0.00%
cash
Merrill Lynch International
Swaps
27/02/2026
85
0.00%
cash
TOTAL
4,495,123
6.82%


TOTAL (A&B)
# of voting rights
% of voting rights
4,764,521
7.23%

The chain of control has been described at the end of the notification (section 11) and can be found here.

The notification dated February 5, 2026, contains the following information:

  • Date of notification: February 5, 2026
  • Date on which the threshold is crossed: February 2, 2026
  • Threshold of voting rights crossed (in %): 5%
  • Notification by: Bank of America Corporation
  • Denominator: 65,897,071
  • Reason for the notification: Acquisition or disposal of voting securities or voting rights and acquisition or disposal of financial instruments that are treated as voting securities
  • Notified details:

A) Voting Rights
Previous notification
After the transaction
# of voting rights
# of voting rights
% of voting rights
Holder of voting rights
Linked to securities
Not linked to securities
Linked to securities
Not linked to securities
Bank of America Corporation
0
0
0
0.00%
0.00%
Bank of America, National Association
12,476
12,493
0
0.02%
0.00%
Merrill Lynch International
66,430
223,291
0
0.34%
0.00%
Managed Account Advisors LLC
3
3
0
0.00%
0.00%
BofA Securities, Inc.
10,042
0
0
0.00%
0.00%
Merrill Lynch, Pierce, Fenner & Smith
Incorporated
14,462
14,462
0
0.02%
0.00%
U.S. Trust Company of Delaware
121
121
0
0.00%
0.00%
Subtotal
103,534
250,370
0.38%
TOTAL
250,370
0
0.38%
0.00%


B) Equivalent financial instruments
After the transaction
Holder of equivalent financial instruments
Type of financial instrument
Expiration date
Exercise period or date
# of voting rights that may be acquired if the instrument is exercised
% of voting rights
Settlement
Merrill Lynch International
Right to Recall
156,835
0.24%
physical
BofA Securities, Inc.
Right to Recall
29,400
0.04%
physical
BofA Securities, Inc.
Rights of Use
2,919,164
4.43%
physical
Merrill Lynch International
Rights of Use
2,608
0.00%
physical
Bank of America, National Association
Physical Call Option
19/06/2026
100,000
0.15%
physical
Merrill Lynch International
Swaps
19/06/2026
12,500
0.02%
cash
Merrill Lynch International
Swaps
15/06/2026
13,054
0.02%
cash
Merrill Lynch International
Swaps
15/01/2027
15
0.00%
cash
Merrill Lynch International
Swaps
30/04/2026
10,080
0.02%
cash
Merrill Lynch International
Swaps
02/07/2026
1,259
0.00%
cash
Merrill Lynch International
Swaps
01/11/2027
4,520
0.01%
cash
Merrill Lynch International
Swaps
29/01/2027
589
0.00%
cash
Merrill Lynch International
Swaps
30/06/2026
39
0.00%
cash
Merrill Lynch International
Swaps
29/12/2026
21
0.00%
cash
Bank of America, National Association
Swaps
15/10/2027
15
0.00%
cash
Bank of America, National Association
Swaps
15/06/2026
12,500
0.02%
cash
Bank of America, National Association
Swaps
15/01/2027
1,865
0.00%
cash
Bank of America, National Association
Swaps
31/01/2028
297
0.02%
cash
TOTAL
3,264,761
4.95%


TOTAL (A&B)
# of voting rights
% of voting rights
3,515,131
5.33%

The chain of control has been described at the end of the notification (section 11) and can be found here.

For further information, contact Galapagos:
Investor Relations
Glenn Schulman

+1 412 522 6239
ir@glpg.com

Media
Media
Katie Morris
+1 952 288 6821
katiemorris@ententeinc.com

Visit us at www.glpg.com or follow us on LinkedIn or X.

1 Belgian Act of 2 May 2007 on the disclosure of major shareholdings in issuers whose shares are admitted to trading on a regulated market and regarding miscellaneous provisions, as amended from time to time.

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