Amoéba

M&A Activity • Sep 5, 2016

PRESS RELEASE

A new Letter of Intent signed with GREEN Chemicals in Brazil

Lyon, Curitiba, 5 September 2016 - AMOEBA (FR0011051598 - AMEBA) producer of a biological biocide capable of eliminating bacterial risk in water announced today that it has signed a Letter of Intent (LOI), dated 5 July 2016, prior to entering into a definitive agreement regarding the distribution of its product in Brazil by GREEN Chemicals for a period of 3 years.

GREEN Chemicals has been located in Brazil since 2011 and is counted among the best-established players in the field of water treatment.

Through the aforementioned LOI, AMOEBA plans to analyse its business opportunities in a country such as Brazil, with a dense industrial fabric in various sectors such as stationery, petrochemical, steel and automotive industry.

"Our partnership with GREEN Chemicals opens up new opportunities for us that could serve as entry points into South America for AMOEBA in the near future. This continent potentially represents a growth reservoir for AMOEBA in the years to come." declares Fabrice PLASSON, President of AMOEBA's Board of Directors.

"The opportunity to be the company at the forefront of the field of ecology in our country and the possibility to offer green solutions to our clients is what motivates usto go forward and is in accordance with our primary commitment to respect the environment." states Willian KORQUIEVICZ, CEO of GREEN Chemicals Brazil.

About AMOEBA: Based in Chassieu - France, AMOEBA develops a biological biocide capable of eliminating waterborne bacterial risk (legionella, pseudomonas, listeria, etc.). This entirely natural solution is presented as an alternative to the chemical treatments traditionally used in the industrial sector and complies with the new regulations in terms of chemical emissions into the environment. In a worldwide market for chemical biocides estimated to be worth EUR 21 bn(1), AMOEBA is today concentrating on the segment of industrial air-cooled towers (ACT), estimated to be worth EUR 1.7 bn(2). AMOEBA is continuing with the regulatory procedures necessary to obtain provisional MA for all European countries for the "Air Cooled Towers" application. AMOEBA is quoted on compartment C of the Euronext Paris stock exchange and joined the CAC® Small index on 21st September 2015. For more information: www.amoeba-biocide.com.

(1): Sources combined by Amoeba from water treatment agencies, Freedonia, Eurostat and MarketsandMarkets (2): Amoeba data combined from the following sources: DRIRE 2013, Eurostat, ARHIA 2013

About GREEN Chemical Brazil: GREEN Chemicals Brazil, established in 2011, is a branch of GREEN Chemicals, a co-leader in the field of water treatment in Turkey. Headquartered in Curitiba, GREEN Chemicals Brazil distribute their product primarily in the South regions of the country, stretching from Sao Paulo to the border with Argentina.

Contacts:

Amoéba Lucile GAUTHIER Communication officer 04 81 13 05 62 Lucile.gauthier@amoeba-biocide.com

Actifin Ghislaine GASPARETTO Financial Communications 01 56 88 11 11 ggasparetto@actifin.fr