Recticel — Share Issue/Capital Change 2014

Jun 30, 2014

Brussels, 30 June 2014 – 18:00 CET

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

CAPITAL INCREASE THROUGH EXERCISE OF WARRANTS

Recticel announces that on 30 June 2014 its share capital has been increased following the exercise of (i) 220,400 warrants of the warrant plan issued on 24 December 2008 and (ii) 233,000 warrants of the warrant plan issued on 22 December 2009. This resulted in the issuance of 453,400 new ordinary shares, which are admitted for trading on Euronext Brussels as of 02 July, 2014.

This results in the following overview:

	before	current
Total subscribed capital (in EUR)	72 692 390	73 825 890
Total number of shares in issue (with voting rights)	29 076 956	29 530 356
Total number of outstanding warrants1	2 841 800	2 704 400
Total number of outstanding convertible bonds2	1 150	1 150

1 Each warrant entitles the holder to subscribe to 1 new ordinary share. On 29 April 2014 a new serie of 316,000 warrants (exercise price EUR 6.73; exercise period : between 01-01-2018 and 28-04-2020) has been issued in favour of the Group's senior management.

2 Each bond (nominal value: EUR 50 000) can be converted into 4,233.7 new ordinary shares on the basis of the current conversion price (EUR 11.81). If all the bonds are converted, an additional 4,868,755 ordinary shares can therefore be created. The conversion price is adjustable in accordance with the usual conditions. The convertible bonds bought back by the Group between 2008 and 2011 have not been deducted.

***

Financial calendar

First half-year 2014 results 29.08.2014 (before opening of the stock exchange) Third quarter 2014 trading update 31.10.2014 (before opening of the stock exchange)

For additional information

RECTICEL - Olympiadenlaan 2, B-1140 Brussels (Evere)

PRESS INVESTOR RELATIONS

Mr Olivier Chapelle Mr Michel De Smedt Tel: +32 2 775 18 01 Mobile: +32 479 91 11 38

chapelle.olivier@recticel.com desmedt.michel@recticel.com

Recticel in a nutshell

Recticel is a Belgian Group with a strong European dimension, but also operates in the rest of the world. Recticel employs 7,758 persons and has 100 establishments in 28 countries.

Recticel contributes to daily comfort with foam filling for seats, mattresses and slat bases of top brands, insulation material, interior comfort for cars and an extensive range of other industrial and domestic applications.

Recticel is the Group behind well-known bedding brands (Beka®, Lattoflex®, Literie Bultex®, Schlaraffia®, Sembella®, Swissflex®, Superba®, Ubica®, etc.) and Geltex Inside®. Within the Insulation sub-segment highquality thermal insulation products are marketed under the well-known brands Eurowall®, Powerroof®, Powerdeck® and Powerwall®.

Recticel is driven by technological progress and innovation.

In 2013 Recticel achieved combined sales of EUR 1.3 billion (IFRS 11 restated consolidated sales: EUR 0.98 billion).

Recticel (Euronext: REC – Reuters: RECTt.BR – Bloomberg: REC:BB) is listed on Euronext in Brussels.

The press release is available in English, Dutch and French on the website www.recticel.com