Recticel

Report Publication Announcement • Mar 29, 2019

Brussels, 29 March 2019 – 17:45 CET

Disclosure in accordance with the provisions of the Act of 2 May 2007

Capital increase through exercise of warrants

Recticel announces that on 29 March 2019 its share capital has been increased following the exercise of 20,000 warrants of the warrant plan issued on 23 June 2015. This resulted in the issuance of 20,000 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 01 April 2019.

This results in the following overview:

	before	current
Total subscribed capital (in EUR)	138 067 530	138 117 530
Total number of shares in issue (with voting rights)	55 227 012	55 247 012
Total number of outstanding warrants1	1 962 078	1 942 078
1 Each w arrant entitles the holder to subscribe to 1 new ordinary share.

°°°

Financial calendar

29.04.2019 (at 07:00 AM CET)
28.05.2019 (at 10:00 AM CET)
29.05.2019
30.05.2019
03.06.2019
30.08.2019 (at 07:00 AM CET)
30.10.2019 (at 07:00 AM CET)

For additional information

RECTICEL - Olympiadenlaan 2, B-1140 Brussels (Evere)

PRESS INVESTOR RELATIONS

Mr Olivier Chapelle Mr Michel De Smedt Tel: +32 2 775 18 01 Mobile: +32 479 91 11 38

chapelle.olivier@recticel.com desmedt.michel@recticel.com

Recticel in a nutshell

Recticel is a Belgian Group with a strong European dimension, but it also operates in the rest of the world. Recticel employs 8,472 people in 97 establishments in 29 countries.

Recticel contributes to daily comfort with foam filling for seats, mattresses and slat bases of top brands, insulation material, interior comfort for cars and an extensive range of other industrial and domestic applications.

Recticel is the Group behind well-known bedding brands (Beka®, Lattoflex®, Literie Bultex®, Schlaraffia®, Sembella®, Swissflex®, Superba®, etc.) and GELTEX® inside. Within the Insulation sub-segment high-quality thermal insulation products are marketed under the well-known brands Eurowall®, Powerroof®, Powerdeck®, Powerwall® and Xentro®. Technological progress and innovation have led to breakthrough at the biggest names in the Automotive industry thanks to Colo-Fast®, Colo-Sense® and Colo-Sense Lite®.

In 2018 Recticel achieved combined sales of EUR 1.45 billion (IFRS 11 consolidated sales: EUR 1.1 billion).

Recticel (Euronext: REC – Reuters: RECTt.BR – Bloomberg: REC:BB) is listed on Euronext in Brussels.

The press release is available in English, Dutch and French on the website www.recticel.com