Code of Business Conduct and Ethics

Since 2021, we have established a Code of Business Conduct and Ethics to ensure that our members of the Board of Directors, Executive Committee members and employees are making ethical and legal decisions when conducting Galapagos’ business and performing their day-to-day duties. We expect our members of the Board of Directors, members of the Executive Committee and employees to conduct business with integrity, ethics and respect for human rights. We expect them to turn away from conflicts of interests, corruption and fraud. To this end, we give trainings on this Code to our employees, including our subsidiaries’ employees. So far, since the launch of our Code of Business Conduct and Ethics, 97.1% of our employees has completed the training.

Our Code of Business Conduct and Ethics is available at our website (www.glpg.com).

At the beginning of 2023, we made some updates to our Code of Business Conduct and Ethics to ensure that it continues to reflect who we are as an organization, including, but not limited to, (a) an explicit applicability of our Code of Business Conduct and Ethics to our suppliers and business partners, and (b) an overview of some of the work done in the past year in the field of ESG.

One breach of our Code of Business Conduct and Ethics was reported to the Audit Committee in 2022.