Research Disclosures & Disclaimers

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KBC Groep NV (KBC.BR)*

UBS Rating and Price Target History Chart

Line chart explaining Price target vs Stock Price is described in below table

EQ Rating & Price Target Table

Date	Stock Price (€)	Price Target (€)	Rating
2022-03-18	68.40	60.00	Neutral
2022-04-20	65.62	65.00	Neutral
2022-05-24	59.34	61.00	Neutral
2022-08-12	52.92	54.00	Neutral
2022-09-13	52.52	55.00	Neutral
2023-01-18	68.56	67.00	Neutral
2023-02-10	70.48	72.00	Neutral
2023-05-22	60.38	63.00	Neutral
2023-07-20	65.94	66.00	Neutral
2023-08-11	64.78	64.00	Neutral
2023-10-19	53.86	56.50	Neutral
2023-11-09	52.30	54.10	Neutral
2023-12-12	55.96	55.00	Neutral
2024-01-19	59.70	58.50	Neutral
2024-02-09	60.62	62.90	Neutral
2024-03-07	67.58	66.30	Neutral
2024-03-18	68.50	69.00	Neutral
2024-04-22	70.82	70.70	Neutral
2024-05-16	68.10	69.50	Neutral
2024-07-19	67.62	70.00	Neutral
2024-11-07	69.72	72.00	Neutral
2025-01-21	75.08	75.00	Neutral
2025-02-13	82.18	81.00	Neutral
2025-05-16	85.06	86.00	Neutral
2025-05-30	86.96	89.00	Neutral

Disclosures

UBS has acted as manager/co-manager in the underwriting or placement of securities of this company/entity or one of its affiliates within the past 12 months.
Within the past 12 months, UBS has received compensation for investment banking services from this company/entity or one of its affiliates.
This company/entity is, or within the past 12 months has been, a client of UBS Securities LLC, and non-investment banking securities-related services are being, or have been, provided.
Within the past 12 months, UBS has received compensation for products and services other than investment banking services from this company/entity.
UBS holds a long or short position of 0.5% or more of the listed shares of this company.

Note : Historical Price Targets have been adjusted to account for any stock splits, rights issues and/or dividends which may have occurred for this security. Not Priced: Stock was not priced on the given date. No Rating: Issuer was not rated by UBS on the given day. No Price Target: For this issuer no Price Target was set by UBS on the given day. Issuers with an EQ Rating & Price Target Table are covered by UBS-IB Equity Research Analysts. Issuers without an EQ Rating & Price Target Table are not single stock covered.

* Issuers marked with an asterisk are covered by UBS-IB Equity Research Analysts. Issuers without an asterisk are not single stock covered.