Digitree Group S.A.

Earnings Release • Oct 26, 2017

Subject: Preliminary financial information for the third quarter of 2017

Current Report No. 54/2017

The Management Board of Pfleiderer Group S.A. (the "Company") announcesselected preliminary financial information for the third quarter of 2017:

EBITDA for the third quarter of 2017 increased by 18.5% or € 4.7 millionover last year and amounts to € 30.1 million (€ 25.4 million for thethird quarter of 2016).

EBITDA for a period from 1 January 2017 until 30 September 2017increased by 24.6% or € 19 million over last year and amounts to € 96.2million (€ 77.2 million for the same period of 2016).

Consolidated net sales for the third quarter of 2017 increased by 3.2%or € 7.6 million and amount to € 244.9 million (€ 237.3 million for thethird quarter of 2016).

Consolidated net sales for a period from 1 January 2017 until 30September 2017 increased by 3.3% or € 24.3 million and amount to € 750.9million (€ 726.6 million for the same period of 2016).

The increase in EBITDA over last year for both third quarter and forJanuary - September figures has been driven by continued good salesperformance and the expected significant reduction in non-sustainableitems. At the same time the Company continues to face significantincreases in the prices of raw materials over last year. The Companycontinues to progress with increases of the prices of the Company'sproducts. During third quarter the negative impact from the net effectof raw material price inflation after price increases of its ownproducts has been reduced vs. prior quarters, however overall the marginis still adversely impacted.

Management Board of the Company informs that the above financialinformation is preliminary and may be different from the final financialinformation, which will be contained in the extended consolidated reportfor the third quarter of 2017 to be published by the Company on 7November 2017.

This report was prepared pursuant to Article 17 Section 1 of Regulation(EU) No. 596/2014 of the European Parliament and of the Council of 16April 2014 on market abuse (market abuse regulation) and on repealingDirective 2003/6/EC of the European Parliament and of the Council andCommission Directives 2003/124/EC, 2003/125/EC and 2004/72/EC (OJ EU L173/1 dated June 12, 2014).

25 October 2017