Kendrion N.V.

Notice of Dividend Amount • May 2, 2018

K E N D R I O N N . V . P R E S S R E L E A S E 2 M a y 2 0 1 8

Optional dividend Kendrion N.V.

In the Annual General Meeting of Shareholders held on 9 April 2018, the dividend over 2017 was approved at EUR 0.87 per share, in cash and/or in stock charged to the share premium reserve, at the shareholder's discretion. Based on the weighted average price of Kendrion shares for the period 24, 25, 26, 27 and 30 April 2018, the exchange ratio is 38.77, meaning a ratio of one new share for every 38.77 shares already owned. 48.2% of the shareholders has opted for stock dividend, resulting in a maximum of 168,299 shares. The stock dividend will be paid by transfer of 117,567 treasury shares held by Kendrion and by issuance of a maximum of 50,732 new shares on 4 May 2018. A request to admit the new shares for admission to trading on Euronext Amsterdam will be made pursuant to article 5:4 sub e of the Financial Markets Supervision Act (Wet op het financieel toezicht). These new shares are entitled to dividend for the financial year 2018 and subsequent financial years. Also the cash dividend will be made payable on 4 May 2018.

Profile of Kendrion N.V.

Kendrion develops, manufactures and markets high-quality electromagnetic systems and components for industrial and automotive applications. For over a century, we have been engineering precision parts for the world's leading innovators in passenger cars, commercial vehicles and industrial applications. As a leading technology pioneer, Kendrion invents, designs and manufactures complex components and customised systems as well as local solutions on demand.

We are committed to the engineering challenges of tomorrow, and taking responsibility for how we source, manufacture and conduct business is embedded into our culture of innovation. Rooted in Germany, headquartered in the Netherlands and listed on the Amsterdam stock exchange, Kendrion's expertise extends across Europe to the Americas and Asia. Created with passion and engineered with precision. Kendrion – we magnetise the world.

Zeist, 2 May 2018

The Executive Board

For more information, please contact:

Kendrion N.V. Mr Joep van Beurden Chief Executive Officer Tel: +31 - 30 - 699 72 68 Email: IR@kendrion.com Website: www.kendrion.com