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Recticel

Share Issue/Capital Change Aug 29, 2025

3993_mrq_2025-08-29_0a96c581-596c-4863-b20f-ade88680800d.pdf

Share Issue/Capital Change

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

Capital increase through exercise of subscription rights

Recticel announces that on 29 August 2025 its share capital has been increased following the exercise of 6,000 subscription rights of the warrant plan issued on 28 June 2019. This resulted in the issuance of 6,000 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 2 September 2025.

This results in the following overview:

Before Current
Total subscribed capital (in EUR) 141,702,300 141,717,300
Total number of shares in issue (with voting rights) 56,680,920 56,686,920
Total number of outstanding subscription rights 2,285,000 2,691,500

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About Recticel

Recticel is a Belgian insulation Group with a strong presence in Europe and the USA. It offers smart insulation solutions that advance a carbon-free economy and a better quality of life.

Recticel delivers upon a portfolio of Insulation Boards, Insulated Panels and Acoustic Solutions.

Recticel Insulation designs polyurethane thermal and thermo-acoustic boards for optimal building comfort and energy efficiency. This includes vacuum insulation panels (VIP) by Turvac.

Trimo enables the highest aesthetic standards and extends architectural capabilities with its mineral wool insulated panels and modular space solutions, primarily in non-residential applications. With the acquisition of REX Panels & Profiles, the portfolio now includes PIR insulated panels.

Soundcoat provides acoustic solutions used in some of the world's leading technological innovations.

At the end of 2024, Recticel employed 1,275 people and had achieved sales of EUR 610.2 million. Its operations are spread over seven countries.

The Science Based Targets initiative (SBTi) approved Recticel's near-term targets for the reduction of scope 1, 2 & 3 greenhouse gas emissions by 2030 (from base year 2021) and net-zero targets for 2050.

CDP added Recticel to its 2024 A list for Climate Change.

Recticel is listed on Euronext in Brussels (Euronext: RECT - Reuters: RECT.BR - Bloomberg: RECT:BB).

Financial calendar

Third quarter trading update 2025 30.10.2025 (07:00 AM CET)

Media & Investor Relations Investor Relations

Jan Vergote Bart Van den Eede +32 2 775 18 01 +32 2 775 18 01

Recticel NV/SA Bourgetlaan 42 avenue du Bourget 1130 Brussels Belgium

Chief Executive Officer Chief Financial & Legal Officer [email protected] [email protected]

This press release is available in English and Dutch on www.recticel.com.

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