Coil N.V.

Regulatory Filings • Dec 1, 2015

PRESS RELEASE

COIL IS REORGANISING ITS INDUSTRIAL FACILITIES IN ITALY AND BELGIUM

Brussels, Tuesday December 1st, 2015 (5:45 pm) - COIL, the world leader for aluminium anodising, is announcing the reorganisation of its industrial operations in Italy and Belgium. The plan rolled out aims to rationalise, optimise and create value through the Group's industrial capacities, focused primarily on strengthening its performance levels.

Closure of the Capestrano plant in Italy

After acquiring the production assets of the former company Italfinish, located in Capestrano, in August this year, COIL has carried out an in-depth review of this Italian plant's economic viability, concluding that this site is not viable due to a lack of orders and the extensive investments required to achieve satisfactory levels of productivity, quality, environmental compliance and safety.

In this context, COIL has rolled out a redundancy plan (12 people) and decided to transfer the production assets - continuous anodising line, automated batch anodising line for aluminium sheets and cut-to-length line - from the Capestrano site to its Landen site in Belgium. United Anodisers srl will be placed into liquidation in the near future.

Strengthening of production assets in Belgium

With this strategic redeployment, major operations will be carried out in Belgium to modernise the production facilities, as required to sustain growth in demand for thin gauge anodised products, particularly for the aluminium composite panel market.

While Lines 1 and 2 in Belgium are currently operating at full capacity, COIL intends to redeploy the main mechanical elements from the Italian continuous anodising line for an in-depth renovation of its Line 2 in Belgium. This investment, scheduled for the first quarter of 2016, will help significantly improve the line's quality and productivity, following on from the successful investments in Line 1 in 2014.

Alongside this, the automated batch anodising line for aluminium sheets in Italy will be set up in Landen in the third quarter of 2016. To be integrated into COIL's environmental management system, it will occupy the space freed up by Line 4, which will be shutting down towards the end of the first quarter of 2016 because of its low profitability levels.

Development of industrial capacities

The automated batch anodising line is strategic because it will enable COIL to:

• Make smaller production runs, useful for developing new products and preparing mock-ups and samples, which are essential for architectural projects;
• Expand its product range on the construction market, in terms of gauges, anodic film layers, finished edges and post-anodising treatments;
• Offer a low-cost anodised sheet production capacity for markets in Northern Europe.

Press release – December 1st, 2015

The cut-to-length line will also be installed in space made available by the closure of Line 4. It will enable coils to be downsized into sheets immediately following anodising, while ensuring better control over quality and timing. length into industrial Landen site will support improvements in performance closure It control performance thanks

The strengthening of industrial operations at the to the development of expert capabilities for thinner gauge products, small production runs. expert special effects and colours, as well as as -scale production runs for the

Alongside this, the Bernburg site in Germany will continue to specialise in large architectural industry, with a €22 million investment plan, covering a continuous anodising line, in the fourth quarter of 2016. largecovering a line, to be completed

The costs relating to the closure of the Capestrano plant and the liquidation of United Anodisers srl have any impact on the accounts; these acquisition of United Anodisers srl. redeployment of the Italian assets will have a significant impact on impacts will be presented when publishing are covered by United Anodisers Limited However, COIL estimates that the closure of Line 4 in Belgium and the have the annual accounts its full-year earnings for 2015. srl will not Limited in connection with the accounts for 2015. These

Committed to continuing to offer its clients optimum quality and COIL is rationalising its industrial footprint developments. leading footprint in order to have high-performance tools leading-edge innovative solutions, performance tools, aligned with its

COIL sets the standard globally for continuous anodised aluminium on quality and dimensional capacity, with a dominant market position worldwide. dimensional electrolysis - that develops a natural and

Anodising is an electrochemical process protective exterior layer on aluminium that can be coloured, providing exceptional corrosion protection and/or increased functionality for the metal. metal.

Anodising preserves all the natural and ecological properties of aluminium high strength-to-weight ratio, non-magne resistance without any impact on the total and repeated recyclability of the metal. - it retains its magnetic properties and exceptional corrosion

Anodised aluminium is used across a wide range of architectural, designer, industrial and automotive applications.

Alternext ISIN: BE0160342011 Reuters Bloomberg www.coil.be - ALCOI Reuters: ALCOI.PA Bloomberg: ALCOI:FP

COIL Tim Hutton Chief Executive Officer tim.hutton@coil.be Tel: +32 (0)11 88 01 88

CALYPTUS

Cyril Combe cyril.combe@calyptus.net Tel: +33 (0)1 53 65 68 68