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Recticel

Declaration of Voting Results & Voting Rights Announcements Oct 18, 2016

3993_rns_2016-10-18_0dfe2390-f617-460a-bb10-1257cc462eaf.pdf

Declaration of Voting Results & Voting Rights Announcements

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14 October 2016

For the attention of

Mr. Olivier Chapelle Managing Director

RECTICEL (the "Company") Avenue des Olympiades. 2 Evere (1140 Bruxelles) Belgium

512.306.7400 Fax 512.306.7499

By Federal Express (registered mail with acknowledgement of receipt)

Dear Sir.

Declaration in compliance with article 16 of the Company's articles of association (the "Articles")

In accordance with the Articles, Dimensional Fund Advisors LP ("Dimensional") hereby makes the following declaration:

  • $\blacksquare$ Dimensional, acting on behalf of the following funds managed or sub-advised by itself or its subsidiary undertakings:
  • Old Westbury Small & Mid Cap Fund of Old Westbury Funds, Inc.
  • DFA International Core Equity Fund of Dimensional Funds $\blacksquare$
  • The Continental Small Company Series of The DFA Investment Trust Company $\ddot{\phantom{a}}$
  • International Core Equity Portfolio of DFA Investment Dimensions Group Inc. $\overline{a}$
  • International Social Core Equity Portfolio of DFA Investment Dimensions Group Inc.
  • International Vector Equity Portfolio of DFA Investment Dimensions Group Inc. $\overline{a}$
  • Dimensional Global Core Equity Trust of the Dimensional Australian Resident Trusts $\overline{a}$
  • International Sustainability Core 1 Portfolio of DFA Investment Dimensions Group Inc. $\overline{\phantom{a}}$
  • Dimensional Global Small Company Trust of the Dimensional Australian Resident Trusts $\sim$
  • European Small Companies Fund of Dimensional Funds plc
  • Global Core Equity Fund of Dimensional Funds plc $\blacksquare$
  • Global Small Companies Fund of Dimensional Funds plc u.
  • Global Targeted Value Fund of Dimensional Funds plc $\blacksquare$
  • World Equity Fund of Dimensional Funds plc $\overline{\phantom{a}}$
  • World ex U.S. Core Equity Portfolio of DFA Investment Dimensions Group Inc. $\sim$
  • World ex U.S. Targeted Value Portfolio of DFA Investment Dimensions Group Inc. $\overline{\phantom{a}}$
  • VA International Small Portfolio of DFA Investment Dimensions Group Inc.
  • DFA International Vector Equity Fund of Dimensional Funds $\overline{\phantom{a}}$
  • International Small Company Fund of John Hancock Funds II $\tilde{\phantom{a}}$
  • International Small Company Trust of John Hancock Variable Insurance Trust
  • Met/Dimensional International Small Company Portfolio, a series of Metropolitan Series Fund Dimensional Fund Advisors 6300 Bee Cave Road, Building One, Austin, Texas 78746 L_LIVE_EMEA2:13887128v1

  • Robusta European Small Cap Fund

  • DFA International Small Cap Value Portfolio of DFA Investment Dimensions Group Inc. .
  • T.A. World ex U.S. Core Equity Portfolio of DFA Investment Dimensions Group Inc. ä,
  • International Core Equity Fund of Dimensional Funds ICVC

(together, the "Funds"); and

Dimensional, acting on behalf of several segregated accounts managed by itself or its subsidiary $\blacksquare$ undertakings (the "Segregated Accounts"),

wishes to inform the Company that, pursuant to a purchase of shares on 12 October 2016, the Funds and the Segregated Accounts (together, the "Accounts") have crossed above the 3% threshold set out in the Articles in relation to the voting rights of the Company.

As at 12 October 2016, the Accounts held 1,620,649 voting shares in the Company representing 3,003% of the Company's voting rights (on the basis of a total number of voting rights of 53,959,274).

Please note that Dimensional also has investment management discretion over an additional 87,961 shares where the voting rights are not controlled by Dimensional or its subsidiary undertakings.

Dimensional, on behalf of itself and its subsidiary undertakings, expressly disclaims beneficial ownership of the shares held in the Accounts.

The holdings of the Accounts (as at the close of business on 12 October 2016) are set out below:
-------------------------------------------------------------------------------------------------- -- -- --
Relevant Account Total number of
held voting rights
% of held voting
rights
Old Westbury Small & Mid Cap Fund of Old
Westbury Funds, Inc. 8,109 0.015%
Equity
Fund
of
DFA International Core
Dimensional Funds 5,145 0.010%
The Continental Small Company Series of The
DFA Investment Trust Company 218,046 0.404%
International Core Equity Portfolio
of DFA
Investment Dimensions Group Inc. 162,097 0.300%
International Social Core Equity Portfolio of DFA
Investment Dimensions Group Inc. 3,942 0.007%
International Vector Equity Portfolio of DFA
Investment Dimensions Group Inc. 26,407 0.049%
Dimensional Global Core Equity Trust of the
Dimensional Australian Resident Trusts 5,436 0.010%
International Sustainability Core 1 Portfolio of DFA
Investment Dimensions Group Inc. 2,769 0.005%
Dimensional Global Small Company Trust of the
Dimensional Australian Resident Trusts 2,073 0.004%
European Small Companies Fund of Dimensional
Funds plc 4,829 0.009%
Global Core Equity Fund of Dimensional Funds plc 4,783 0.009%
Global Small Companies Fund of Dimensional
Funds plc 3,892 0.007%
Global Targeted Value Fund of Dimensional Funds
plc 20,551 0.038%
World Equity Fund of Dimensional Funds plc 4,057 0.008%
World ex U.S. Core Equity Portfolio of DFA
Investment Dimensions Group Inc. 10,158 0.019%
World ex U.S. Targeted Value Portfolio of DFA
Investment Dimensions Group Inc. 6,513 0.012%
VA International Small Portfolio of DFA Investment
Dimensions Group Inc. 2,553 0.005%
DFA International Vector Equity
of
Fund
Dimensional Funds 2,020 0.004%
International Small Company Fund
of
John
Hancock Funds II 12,625 0.023%
International Small Company Trust of
John
Hancock Variable Insurance Trust 2,296 0.004%
Met/Dimensional International Small Company
Portfolio, a series of Metropolitan Series Fund 24,409 0.045%
Robusta European Small Cap Fund 25,526 0.047%
DFA International Small Cap Value Portfolio of
DFA Investment Dimensions Group Inc. 950,918 1.762%
T.A. World ex U.S. Core Equity Portfolio of DFA
Investment Dimensions Group Inc. 9,986 0.019%
International Core Equity Fund of Dimensional
Funds ICVC 2,174 0.004%
Total Funds 1,521,314 2.819%
Total Segregated Accounts 99,335 0.184%
TOTAL 1,620,649 3.003%

The Accounts would appreciate if you could confirm receipt of this declaration to the French counsel, Simmons & Simmons LLP (Attention: Ian Rogers, Simmons & Simmons LLP, 5 boulevard de la Madeleine, 75001 Paris, France, tel: +33 (0)1 53 29 16 22, fax: +33 (0)1 53 29 16 30, [email protected]) and if you could also acknowledge that this declaration is sufficient to fulfil the requirements to inform the Company in accordance with the Articles.

Yours faithfully

Signature:

Dimensional Fund Advisors LP, on behalf of the Accounts

By: Dimensional Holdings Inc., its general partner

$\alpha$

Valerie Brown Vice President

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