ABLYNX PROPOSES APPOINTMENT OF MRS HILDE WINDELS AS A NEW INDEPENDENT DIRECTOR GHENT, Belgium, 17 July 2017 - Ablynx [Euronext Brussels: ABLX; OTC: ABYLY] today announced that Hilde Windels will be nominated as an Independent Non-Executive Director at the Company's forthcoming Special General Meeting of its shareholders to be held on 18 August 2017.

Mrs. Windels is currently CEO ad interim of Biocartis NV and a member of the Board of Biocartis NV, Biocartis Group NV, Erytech Pharma SA and Vlaams Instituut voor Biotechnologie (VIB). She has approximately 20 years of experience in the biotechnology field with a track record of building and structuring organisations, private fundraising, M&A, capital markets and business and corporate strategy. Mrs. Windels served as CFO for Biocartis NV from 2011 until she became Deputy CEO in 2015. From 2009 to 2011, she worked as an independent CFO for several private biotech companies. From 1999 to 2008, Mrs. Windels was CFO and a board member of Devgen NV.

Welcoming Mrs. Windels to the Ablynx Board, Dr Peter Fellner, Chairman, said: "We are very pleased with the proposed forthcoming appointment of Hilde Windels to the Ablynx Board. Hilde's broad industry experience as well as her impressive financial expertise will help guide the Company as we continue to build value in terms of both our proprietary product pipeline and strategic collaborations with pharmaceutical companies using our Nanobody platform." Commenting on her appointment, Mrs. Windels added: "I am delighted to become part of Ablynx's Board and contribute to the Company's future development. Ablynx has ambitions to become a vertically integrated pharmaceutical company and I look forward to contributing to this exciting journey." About Ablynx

Ablynx is a biopharmaceutical company engaged in the development of Nanobodies, proprietary therapeutic proteins based on single-domain antibody fragments, which combine the advantages of conventional antibody drugs with some of the features of small-molecule drugs. Ablynx is dedicated to creating new medicines which will make a real difference to society. Today, the Company has more than 45 proprietary and partnered programmes in development in various therapeutic areas including inflammation, haematology, immuno-oncology, oncology and respiratory disease. The Company has collaborations with multiple pharmaceutical companies including AbbVie; Boehringer Ingelheim; Eddingpharm; Merck & Co., Inc., Kenilworth, New Jersey, USA; Merck KGaA; Novartis; Novo Nordisk and Taisho Pharmaceuticals. The Company is headquartered in Ghent, Belgium. More information can be found on www.ablynx.com.

For more information, please contact: Ablynx

Dr Edwin Moses CEO

t: +32 (0)9 262 00 07

m: +32 (0)473 39 50 68

e: edwin.moses@ablynx.com @AblynxABLX

Lies Vanneste Director IR

t: +32 (0)9 262 0137

m: +32 (0)498 05 35 79

e: lies.vanneste@ablynx.com

Ablynx media/analyst relations: FTI Consulting

Julia Phillips, Brett Pollard, Mo Noonan t: +44 20 3727 1000

e: ablynx@fticonsulting.com

Disclaimer

Certain statements, beliefs and opinions in this press release are forward-looking, which reflect the Company or, as appropriate, the Company directors' current expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties and assumptions that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. These risks, uncertainties and assumptions could adversely affect the outcome and financial effects of the plans and events described herein. A multitude of factors including, but not limited to, changes in demand, competition and technology, can cause actual events, performance or results to differ significantly from any anticipated development. Forward looking statements contained in this press release regarding past trends or activities should not be taken as a representation that such trends or activities will continue in the future. As a result, the Company expressly disclaims any obligation or undertaking to release any update or revisions to any forward-looking statements in this press release as a result of any change in expectations or any change in events, conditions, assumptions or circumstances on which these forward-looking statements are based. Neither the Company nor its advisers or representatives nor any of its parent or subsidiary undertakings or any such person's officers or employees guarantees that the assumptions underlying such forward-looking statements are free from errors nor does either accept any responsibility for the future accuracy of the forward-looking statements contained in this press release or the actual occurrence of the forecasted developments. You should not place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Ablynx NV published this content on 17 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 July 2017 07:17:07 UTC.

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