Statement by the board of directors

Corporate governance

The board of directors of Galapagos NV, represented by all its members, declares that, as far as it is aware, the statutory accounts and consolidated financial statements, prepared according to the applicable standards for financial statements, give a true and fair view of the equity, financial position and the results of Galapagos as of 31 December 2017.

The board of directors of Galapagos NV, represented by all its members, further declares that, as far as it is aware, this report to the shareholders for the financial year ending on 31 December 2017, gives a true and fair view on the development, results and position of Galapagos and on the most important risks and uncertainties with which Galapagos is confronted.

The board of directors will submit proposed resolutions to the shareholders’ meeting to approve the annual accounts for the financial year 2017, and to release the directors and the statutory auditor from liability for the performance of their mandate during the financial year ended 31 December 2017.

Mechelen, 20 March 2018

On behalf of the board of directors

Onno van de Stolpe
CEO

Raj Parekh
Chairman