Recticel

Declaration of Voting Results & Voting Rights Announcements • Mar 2, 2022

Transparency notification Form TR-1 BE Help

How to use this form?

TR-1 BE is an interactive form.

Therefore it is essential that you download it again for each new notification . You can select the name of an issuer in the list referred to in Section 2.

The form consists of two parts: Part I , that has to be transmitted to both the FSMA and the issuer, and Part II , to be sent exclusively to the FSMA.

Once you have opened the form on the FSMA's website, start by saving it on your computer (using "save as") before filling it in. When opening the file, remember also to verify that macros are active.

In order to add rows in the various sections of Part I (e.g. if there are several notifiers), please use the " + " and "- " buttons.

The names of the persons subject to a notification requirement as indicated in Part I automatically appear in Part II when you click on the "PART II " button in Section 6. It is not possible to add any additional rows in Part II.

Please do not unprotect the form; please fill in only where authorized and do not modify the formulas.

In Section 10, start with groups. In the case of groups of notifiers with subtotals to be filled in, please identify the members of the group and subsequently click on "S" to fill in a subtotal. Repeat this for each group. Finish with people notifying alone.

Once Section 10 is completed, click on "CALCULATE" to show the totals and subtotals.

For further details, please refer to the extract from the Guide to the Transparency Legislation.

The (unsigned) form should be transmitted in xlsm format. In addition, a signed copy should be transmitted in PDF format.

2) Issuer

1) Status of the notification

	Final
	Name RECTICEL
Identification number 0405-666-668

3) Reason for the notification

	Acquisition or disposal of voting securities or voting rights	2	+
4) Notification by		0
	A person that notifies alone	1	+

5) Persons subject to the notification requirement

Name	Address (for legal entities)
Greiner AG	Greinerstrasse 70, 4550 Kremsmünster, Austria	+

6) Persons that dispose of voting rights (only to be filled in if art. 7 of the Law applies)

Please continue entering the information in part II concerning the persons referred to in Sections 5 and 6

Part II

7) Date on which the threshold is crossed

28/02/2022 (DD/MM/YYYY)

8) Threshold that is crossed (in %)

If the holding has fallen below the lowest threshold, you have the option of not entering any numbers in Section 10

5

9) Denominator

55.963.420

Please enter the denominator before filling in the data

10) Notified details

A) Voting rights	Previous notification	After the transaction
	# of voting rights	# of voting rights		% of voting rights
Holders of voting rights		Linked to securities	Not linked to the securities	Linked to securities	Not linked to the securities
Greiner AG	15.094.410	2.446.678		4,37%
	TOTAL	2.446.678	0	4,37%	0,00%

Start with "groups" of holders. Add subtotals with S, and then finish with the persons who are "alone". For groups, start with the ultimate controlling natural person or legal entity. The totals, subtotals and % will be updated once you have clicked on .

0

0

^A +

B) Equivalent financial instruments	After the transaction
Holders of equivalent financial instruments	Type of financial instrument		Expiration date Exercise period or date	# of voting rights that may be acquired if the instrument is exercised	% of voting rights	Settlement
							+
TOTAL			0	0,00%

The totals will be updated once you have clicked on

TOTAL (A & B)		# of voting rights	% of voting rights
	CALCULATE	2.446.678	4,37%

11) Full chain of controlled undertakings through which the holding is effectively held, if applicable

Greiner AG is not a controlled entity.

12) In case of proxy voting for only one GM

				(DD/MM/YYYY)
Holder	will cease to hold / will hold again	0	voting rights as of

13) Additional information

On Wednesday 23 February 2022, Greiner AG acquired from Compagnie du Bois Sauvage SA 15,094,410 shares in Recticel SA, representing 26,97% of all voting rights in Recticel SA. On Monday 28 February 2022, Greiner AG sold to Baltisse NV 12,647,732 shares in Recticel SA, representing 22.6% of all voting rights in Recticel SA. As a result, Greiner AG currently holds 2,446,678 shares in Recticel SA, representing
4.37% of all voting rights in Recticel SA.

	Done at Kremsmünster, Austria
On		01/03/2022 (DD/MM/YYYY)
	Name & capacity Axel Kühner, CEO Greiner AG	Signature