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Recylex

Legal Proceedings Report Jun 8, 2021

1623_iss_2021-06-08_a2de38be-9866-4c4f-9458-6c4b82e8eb74.pdf

Legal Proceedings Report

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The European expert in the circular economy www.recylex.eu European expert in the circular economy

in the circular economy www.recylex.eu 8 June 2021 – 8 pm Press release

Judgment of the Court of Justice of the European Union. Recylex continues the discussions with the European Commission

The Court of Justice of the European Union has rejected the appeal by Recylex S.A. (Euronext Paris: FR0000120388 - RX) against the cartel fine imposed by the European Commission in 2017 for a total amount of €26.7 million.

The Company takes note of the judgment of the Court of Justice of the European Union. This procedure was initiated by Recylex S.A. in the context of its appeal against the fine imposed by the European Commission.

As indicated in the press release from April 28, 2021, Recylex S.A. recalls that, as part of the restructuring of its debt, the Company has entered into discussions with its main creditors, including the European Commission, with a view to adapting the amount and maturity of this debt to the Company's ability to pay. These discussions are still ongoing at this date.

Recylex S.A. will keep its shareholders informed of the progress of the restructuring process.

Judgment of the Court of Justice of the European Union. Recylex continues the discussions with the European Commission | Press release | 8 June 2021 | Page 2 of 2

Disclaimer: This press release may contain forward-looking statements that do not constitute forecasts regarding results or any other performance indicator, but rather trends or targets. These statements are by their nature subject to risks and uncertainties as described in the Company's annual report available on its website (www.recylex.fr). Further information about Recylex is available from its website (www.recylex.fr).

This press release is a non-official translation into English of the press release of the same date issued in French language and is provided solely for the convenience of English-speaking users. This press release should be read in conjunction with and construed in accordance with French law.

Raw materials from urban mines

The Recylex Group is a European specialist in the recycling of lead, zinc and polypropylene. For more information about the Recylex Group: www.recylex.eu

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