Company: GLPG
Filing Date: 2025-12-10
Form Type: S-8
Source: 0001104659-25-119980
Chunk: 3

Company: GALAPAGOS NV
Filing Date: 2025-12-10
Form: S-8
Chunk 3
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ertain circumstances, directors may be criminally liable.

The Registrant maintains liability insurance for
the Registrant’s directors and officers, including insurance against liability under the Securities Act.

The Belgian Companies and Associations Code includes
a cap on liability for directors (including persons in charge of daily management) for any damages they cause due to mismanagement, including
breaches of the articles of association and the Belgian Companies and Associations Code. This liability cap applies towards the company
and third parties. For the Registrant, the cap amounts to €12,000,000.00 (subject to indexation). The cap applies irrespective of
the number of claimants or defendants for the same (set of) facts. However, the cap does not apply to repetitive minor misconduct, serious
error or cases of fraud. Furthermore, the cap does not apply to directors’ liability under the special liability regimes relating
to payment of withholding tax, VAT and social security contributions.

Certain of the Registrant’s non-executive
directors may, through their relationships with their employers or partnerships, be insured and/or indemnified against certain liabilities
in their capacity as members of the Registrant’s Board of Directors.

In the underwriting agreements the Registrant
entered into in connection with its May 2015 global offering and its subsequent follow-on U.S. public offerings, the underwriters
agreed to indemnify, under certain conditions, the Registrant, the members of the Registrant’s Board of Directors and persons who
control the Registrant’s company within the meaning of the Securities Act against certain liabilities, but only to the extent that
such liabilities are caused by information relating to the underwriters furnished to the Registrant in writing expressly for use in the
Registrant’s registration statement and certain other disclosure documents.

| ITEM 7. | EXEMPTION FROM REGISTRATION CLAIMED |

Not applicable.

| ITEM 8. | EXHIBITS |

See the Exhibit Index below for a list of
exhibits filed as a part of, or incorporated by reference into, this Registration Statement, which Exhibit Index is incorporated
herein by reference.

| ITEM 9. | UNDERTAKINGS |

1. The undersigned Registrant hereby undertakes:

(a) To file, during any period in which offers
or sales are being made, a post-effective amendment to this registration statement:

(i) To include any prospectus required by
section 10(a)(3) of the Securities Act;

(ii) To reflect in the