Chargeurs — AGM Information 2016

May 4, 2016

A SUCCESSFUL ANNUAL SHAREHOLDERS'MEETING

PRESS RELEASE

Paris, May 4, 2016

Shareholders have approved all of the resolutions recommended by the Board of Directors with 40% women on Board, a year before legal requirement:

• Payment of a dividend of €0.30 per share
• Election of Isabelle Guichot as an independent director
• Re-election of Colombus Holding SAS as a director
• Election of Georges Ralli as a non-voting director

At the Annual Meeting of Chargeurs Shareholders, Michaël Fribourg, Chargeurs' Chairman and Chief Executive Officer, said: "The election of Isabelle Guichot as an independent director and Georges Ralli as a non-voting director adds to the expertise and experience on the Chargeurs Board and is consistent with the long-term governance changes that took place in 2015. The new membership of the Board combined with the arrival of new talent on the Executive Committee illustrates the Group's faster pace of strategic growth as well as its commitment to winning increased market share in its traditional markets and carving out a position in promising new niche markets, both in France and internationally."

The Annual General Meeting of Chargeurs shareholders was held today at the Capital 8 Convention Center, 32 rue de Monceau in Paris, with Michaël Fribourg presiding. Shareholders holding 57.53% of the voting rights were present or represented at the meeting. All of the resolutions recommended by the Board of Directors were adopted, including approval of the 2015 financial statements of the Company and the Group.

Governance

The shareholders re-elected as a director Colombus Holding SAS, represented by Nicolas Urbain, a member of the Compensation Committee, and elected Isabelle Guichot as an independent director and Georges Ralli as a non-voting director, all for three-year terms.

Isabelle Guichot, Chairman and Chief Executive Officer of Balenciaga, has held management positions with Maison Cartier (Richemont Group) and several couture houses owned by the Kering Group. She will bring to Chargeurs her deep understanding of the Fashion and Luxury Goods industry.

Following these elections, the Board of Directors now has five members including two women, fulfilling one year early the requirement of the Copé-Zimmermann Act that requires at least 40% of Board members to be women by January 1, 2017. Independent directors also represent 40% of Board members.

Dividend

Shareholders also approved the payment of a dividend of €0.30 per share for 2015, representing a 50% increase in shareholders' dividend yield compared with 2014.

The payment timeline is as follows:

Ex-dividend date	Tuesday, May 17
Dividend payment date	Thursday, May 19

Next announcement: 2016 interim results on Friday, September 9, 2016

CONTACT

Financial Communications

Tel: +33 (0)1 47 04 13 40

E-mail: comfin@chargeurs.fr

ABOUT CHARGEURS

Chargeurs is a global manufacturing and services group with leading positions in four segments: temporary surface protection, technical substrates, garment interlinings, and combed wool. It has over 1,500 employees based in 32 countries on five continents, who serve a diversified customer base spanning more than 45 countries.

In 2015, consolidated revenue totaled almost €500 million, of which nearly 93% was generated outside France.