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Recticel

AGM Information May 11, 2017

3993_rns_2017-05-11_732c72c8-eab2-4aac-8476-7e60665ee1db.pdf

AGM Information

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9 May 2017

For the attention of

Mr. Olivier Chapelle Managing Director

RECTICEL (the "Company") Avenue des Olympiades, 2 Evere (1140 Bruxelles) Belgium

By Federal Express (registered mail with acknowledgement of receipt)

Dear Sir,

Declaration in compliance with article 16 of the Company's articles of association (the "Articles")

In accordance with the Articles, Dimensional Fund Advisors LP ("Dimensional") hereby makes the following declaration:

Dimensional, acting on behalf of the following funds managed or sub-advised by itself or its $\blacksquare$ subsidiary undertakings:

AZL DFA International Core Equity Fund, a series of Allianz Variable Insurance Products Trust
Old Westbury Small & Mid Cap Fund of Old Westbury Funds, Inc.
DFA International Core Equity Fund of Dimensional Funds
The Continental Small Company Series of The DFA Investment Trust Company
International Core Equity Portfolio of DFA Investment Dimensions Group Inc.
International Social Core Equity Portfolio of DFA Investment Dimensions Group Inc.
International Vector Equity Portfolio of DFA Investment Dimensions Group Inc.
Dimensional Global Core Equity Trust
International Sustainability Core 1 Portfolio of DFA Investment Dimensions Group Inc.
Dimensional Global Small Company Trust
European Small Companies Fund of Dimensional Funds plc
Global Core Equity Fund of Dimensional Funds plc
Global Small Companies Fund of Dimensional Funds plc
Global Targeted Value Fund of Dimensional Funds plc
World Equity Fund of Dimensional Funds plc
World ex U.S. Core Equity Portfolio of DFA Investment Dimensions Group Inc.
World ex U.S. Targeted Value Portfolio of DFA Investment Dimensions Group Inc.
VA International Small Portfolio of DFA Investment Dimensions Group Inc.

DFA International Vector Equity Fund of Dimensional Funds International Small Company Fund of John Hancock Funds II International Small Company Trust of John Hancock Variable Insurance Trust LVIP Dimensional International Core Equity Fund, a series of Lincoln Variable Insurance Products Trust Brighthouse/Dimensional International Small Company Portfolio of Brighthouse Funds Trust II DFA International Small Cap Value Portfolio of DFA Investment Dimensions Group Inc. T.A. World ex U.S. Core Equity Portfolio of DFA Investment Dimensions Group Inc. International Core Equity Fund of Dimensional Funds ICVC

(together, the "Funds"); and

Dimensional, acting on behalf of several segregated accounts managed by itself or its subsidiary $\blacksquare$ undertakings (the "Segregated Accounts"),

wishes to inform the Company that, pursuant to a share capital increase on 28 April 2017, the Funds and the Segregated Accounts (together, the "Accounts") have crossed below the 3% threshold set out in the Articles in relation to the voting rights of the Company.

As at 9 May 2017, the Accounts held 1,628,985 voting shares in the Company representing 2.994% of the Company's voting rights (on the basis of a total number of voting rights of 54,401,092).

Please note that Dimensional also has investment management discretion over an additional 93,393 shares where the voting rights are not controlled by Dimensional or its subsidiary undertakings.

Dimensional, on behalf of itself and its subsidiary undertakings, expressly disclaims beneficial ownership of the shares held in the Accounts.

The holdings of the Accounts (as at the close of business on 9 May 2017) are set out below:

Relevant Account Total number of
held voting rights
% of held voting rights
AZL DFA International Core Equity Fund, a series
of Allianz Variable Insurance Products Trust
1.343 0.002%
Old Westbury Small & Mid Cap Fund of Old
Westbury Funds, Inc.
8,109 0.015%
DFA International Core Equity Fund of
Dimensional Funds
5,145 0.009%
The Continental Small Company Series of The
DFA Investment Trust Company
218,046 0.401%
International Core Equity Portfolio of DFA
Investment Dimensions Group Inc.
171,609 0.315%
International Social Core Equity Portfolio of DFA
Investment Dimensions Group Inc.
5,405 0.010%

$\overline{\mathbf{c}}$

International Vector Equity Portfolio of DFA 29,730 0.055%
Investment Dimensions Group Inc.
Dimensional Global Core Equity Trust 5,436 0.010%
International Sustainability Core 1 Portfolio of DFA 2,769 0.005%
Investment Dimensions Group Inc.
Dimensional Global Small Company Trust 2,073 $0.004\%$
European Small Companies Fund of Dimensional 4,829 0.009%
Funds plc
Global Core Equity Fund of Dimensional Funds plc 4,783 0.009%
Global Small Companies Fund of Dimensional 3,892 0.007%
Funds plc
Global Targeted Value Fund of Dimensional Funds 27,130 0.050%
plc
World Equity Fund of Dimensional Funds plc 4,057 0.007%
World ex U.S. Core Equity Portfolio of DFA 20,604 0.038%
Investment Dimensions Group Inc.
World ex U.S. Targeted Value Portfolio of DFA 6,513 0.012%
Investment Dimensions Group Inc.
VA International Small Portfolio of DFA Investment 2,553 0.005%
Dimensions Group Inc.
DFA International Vector Equity Fund of 3,580 0.007%
Dimensional Funds
International Small Company Fund of John 10,982 0.020%
Hancock Funds II
International Small Company Trust of John 2,296 0.004%
Hancock Variable Insurance Trust
LVIP Dimensional International Core Equity Fund, 1,679 0.003%
a series of Lincoln Variable Insurance Products
Trust
Brighthouse/Dimensional International Small 19,693 0.036%
Company Portfolio of Brighthouse Funds Trust II
DFA International Small Cap Value Portfolio of 950,918 1.748%
DFA Investment Dimensions Group Inc.
T.A. World ex U.S. Core Equity Portfolio of DFA 15,522 0.029%
Investment Dimensions Group Inc.
International Core Equity Fund of Dimensional 2,174 0.004%
Funds ICVC
Total Funds 1,530,870 2.814%
Total Segregated Accounts 98,115 0.180%
TOTAL 1,628,985 2.994%

Please confirm receipt of this declaration to Dimensional's French counsel, Simmons & Simmons LLP (Attention: Ian Rogers, Simmons & Simmons LLP, 5 boulevard de la Madeleine, 75001 Paris, France, tel: +33 (0)1 53 29 16 22, fax: +33 (0)1 53 29 16 30, [email protected]) and also please acknowledge that this declaration is sufficient to fulfil the requirements to inform the Company in accordance with the Articles.

3

Yours faithfully

Signature:

Dimensional Fund Advisors LP, on behalf of the Accounts

By: Dimensional Holdings Inc., its general partner

$\ell$ . $\alpha$

Valerie Brown Vice President

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