Group 1 - BlackRock, Inc. has crossed the legal threshold of 5% for direct voting rights and equivalent financial instruments in Umicore, with a total holding of 5.20% as of December 22, 2025 [2][8] - The breakdown of BlackRock's holdings includes 4.39% in direct voting rights and 0.81% in equivalent financial instruments [3] - The notification was made on December 23, 2025, following the acquisition or disposal of voting securities or voting rights [8] Group 2 - Umicore is a global advanced materials and recycling group, focusing on transforming precious and critical metals into functional technologies [6] - The company operates four business groups: Catalysis, Recycling, Specialty Materials, and Battery Materials Solutions, addressing resource scarcity and the need for clean technologies [7] - Umicore generated revenues of €1.8 billion (turnover of €8.7 billion) in the first half of 2025, with a strong emphasis on clean mobility and recycling [9]

Transparency notification by Millennium International Management LP In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by Millennium International Management LP, Millennium Group Management Trust, Millennium Group Management LLC and Israel Englander that they have crossed the legal threshold of 3% for the equivalent financial instruments upwards on 12 December 2025. The total holding of direct voting rights and equivalent financial ...

Transparency notification by JP Morgan Asset Management Holdings Inc. In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by JP Morgan Asset Management Holdings Inc. that its subsidiary JP Morgan Asset Management (UK) Limited has crossed the legal threshold of 3% for the direct voting rights and equivalent financial instruments upwards on 15 December 2025. The total holding of direct voting rights and equivalent financial instruments ...

Core Points - Bank of America Corporation has crossed the legal threshold of 3% for direct voting rights and equivalent financial instruments in Umicore, reaching a total holding of 3.53% as of 18 November 2025 [2][8]. Company Overview - Umicore is a global advanced materials and recycling group, focusing on transforming precious and critical metals into functional technologies for everyday applications [6]. - The company operates with a unique circular business model that ensures continuous refinement and recycling of critical elements for reintegration into new applications [6]. Business Segments - Umicore has four main business groups: Catalysis, Recycling, Specialty Materials, and Battery Materials Solutions, which address resource scarcity and the demand for functional materials in clean technologies and mobility [7]. - The company emphasizes innovation and sustainability through tailored products and processes [7]. Financial Performance - In the first half of 2025, Umicore generated revenues of €1.8 billion (with a turnover of €8.7 billion), primarily focusing on clean mobility and recycling [10].

Core Viewpoint - Groupe Bruxelles Lambert S.A. has notified Umicore that it has crossed the legal threshold of 10% for direct voting rights downwards, with a total holding of 7.96% as of 18 November 2025 [2][8]. Group 1: Notification Details - The threshold was crossed on 18 November 2025, with the notification received on 20 November 2025 [8]. - The total direct voting rights after the transaction stand at 7.96%, with no equivalent financial instruments reported [3][8]. - The denominator for the calculation of voting rights is 246,400,000 [8]. Group 2: Company Overview - Umicore is a global advanced materials and recycling group, focusing on transforming precious and critical metals into functional technologies [6]. - The company operates four business groups: Catalysis, Recycling, Specialty Materials, and Battery Materials Solutions, addressing resource scarcity and the need for clean technologies [7]. - In the first half of 2025, Umicore generated revenues of €1.8 billion, with a turnover of €8.7 billion [9].

Transparency notifications byJP Morgan Asset Management Holdings Inc. In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by JP Morgan Asset Management Holdings Inc. that Its subsidiary JPMorgan Asset Management (UK) Limited has crossed the legal threshold of 3% for the direct voting rights downwards on 28 October 2025.Its subsidiary JPMorgan Asset Management (UK) Limited has crossed the legal threshold of 3% for the direct voting ri ...

Core Points - JP Morgan Asset Management Holdings Inc. has crossed the legal threshold of 3% for direct voting rights in Umicore, reaching a total holding of 3.43% as of October 9, 2025 [2][9]. Company Overview - Umicore is a global advanced materials and recycling group, specializing in transforming precious and critical metals into functional technologies for everyday applications [6]. - The company operates under a unique circular business model that focuses on refining and recycling critical elements for reintegration into new applications [6]. Business Segments - Umicore has four main business groups: Catalysis, Recycling, Specialty Materials, and Battery Materials Solutions, which address resource scarcity and the demand for functional materials in clean technologies and mobility [7]. - The company generates most of its revenue and R&D efforts from clean mobility and recycling, aiming for sustainable value creation through the development and recycling of materials [8]. Financial Performance - In the first half of 2025, Umicore reported group revenues (excluding metal) of €1.8 billion, with a total turnover of €8.7 billion [10].

Core Insights - Umicore is initiating the sale of its permanently tied up gold inventories, expecting to generate approximately €410 million in net cash proceeds, which will enhance its balance sheet and liquidity [1][4] - The transaction is aligned with Umicore's core strategy of maximizing cash generation through operational excellence and value chain optimization [5] Financial Impact - The sale is anticipated to contribute approximately €480 million to EBITDA, with annual lease costs estimated between €5 million to €8 million, which will be offset by reduced financing costs [4] - The transaction is expected to yield a net after-tax capital gain of about €370 million [4] Business Model Optimization - Umicore will replace its permanently tied up gold inventories with revolving metal leases, optimizing its business model for gold refining while maintaining operational effectiveness [2][3] - This new setup provides a predictable and cost-efficient financing method [3] Company Overview - Umicore is a global advanced materials and recycling group, focusing on transforming precious and critical metals into functional technologies [7] - The company operates four business groups: Catalysis, Recycling, Specialty Materials, and Battery Materials Solutions, addressing resource scarcity and the need for functional materials [8]

Core Points - JP Morgan Asset Management Holdings Inc. has crossed the legal threshold of 3% for direct voting rights in Umicore, reaching a total holding of 3.01% as of 16 September 2025 [2][7]. Company Overview - Umicore is a global advanced materials and recycling group, specializing in transforming precious and critical metals into functional technologies for everyday applications [6]. - The company operates with a unique circular business model that focuses on refining and recycling critical elements for reintegration into new applications [6]. Business Segments - Umicore has four main business groups: Catalysis, Recycling, Specialty Materials, and Battery Materials Solutions, which address resource scarcity and the demand for functional materials in clean technologies and mobility [8]. - The company emphasizes innovation and sustainability through tailored products and processes [8]. Financial Performance - In the first half of 2025, Umicore generated revenues of €1.8 billion, with a total turnover of €8.7 billion [10].

Core Insights - Umicore reported a solid performance in the first half of 2025, with a focus on operational efficiencies and capital deployment amidst a dynamic global context [2][4] - The company aims to maximize cash generation from its foundation businesses while recovering value in Battery Cathode Materials, supported by a strategic roadmap to 2028 [3][14] Financial Performance - Group revenues for the first half of 2025 reached € 1.8 billion, with adjusted EBITDA of € 433 million, reflecting a 10% increase year-on-year [4][8] - Adjusted EBIT stood at € 302 million, up 25% compared to the same period last year, indicating strong underlying performance driven by sustained demand and operational efficiency [8][12] - The adjusted net profit attributable to the Group was € 135 million, with an adjusted EPS of € 0.56 [4] Operational Efficiency - The company achieved over € 50 million in efficiency measures in the first half of 2025, contributing to a significant improvement in the adjusted EBITDA margin, which rose to 24.3% from 21.8% in the previous year [12][13] - Capital expenditures were strictly contained at € 109 million, down from € 269 million in the same period last year, reflecting a disciplined approach to capital allocation [13][22] Business Group Performance - The Battery Materials Solutions Business Group generated revenues of € 212 million, slightly below the first half of 2024, primarily due to lower volumes of cathode active materials [11] - The Catalysis Business Group performed exceptionally well, with revenues and earnings exceeding the levels seen in the first half of 2024, driven by strong customer demand [11] - The Recycling Business Group maintained solid results, with adjusted EBITDA of € 190 million, benefiting from a supportive precious metals price environment [15] Strategic Outlook - Umicore confirmed its adjusted EBITDA guidance for the full year 2025 to be in the range of € 790 million to € 840 million, contingent on geopolitical stability [14] - The company anticipates a break-even adjusted EBITDA for the Battery Cathode Materials business unit in 2025, with expected improvements driven by ramped-up contracted volumes [16] - Corporate costs are projected to decrease by up to 20% compared to the previous year, further supporting the company's financial health [16]