Recylex

Capital/Financing Update • Jul 6, 2016

CONDITIONAL LOAN OFFER RECEIVED AND UPDATED REPORTING SCHEDULE

Suresnes, July 6, 2016: The Recylex Group (Euronext Paris: FR0000120388 - RX) is today announcing that its German subsidiaries have received a conditional loan offer and is also publishing its new 2016 reporting schedule.

The conditional loan offer for the Recylex Group's German subsidiaries made by a banking pool covers the full funding package sought and amounts to €67 million. It is intended to face:

• The €17 million working capital requirement of the Group's German subsidiaries— €10 million to refinance existing credit lines, €5 million to extend these lines and €2 million to renew the bank guarantees needed for their production activities,
• The €50 million in projected investment spending for the Group's German subsidiaries—strategically important to put the activities on a sustainable footing. It chiefly comprises the new reduction furnace at Weser-Metall GmbH, dedicated to restore the Group's Lead segment's profitability by recovering the lead contained in its input materials more efficiently.

As part of this project, a specific guarantee aiming at covering a significant portion of the projected investment financing has been requested from the Lower Saxony region in Germany.

The aforementioned refinancing of the existing credit lines includes a €3 million existing credit line provided by a bank that does not intend to join the future banking pool and the repayment date of this line has been deferred until August 31, 2016.

The Recylex Group's aim is to satisfy all of the conditions, including the award of Weser-Metall GmbH's amended operating permit covering the installation of the new reduction furnace, in order to obtain the funds during the fourth quarter of 2016.

Accordingly, Recylex SA's Board of Directors is due to meet on July 12, 2016 to deliberate on the financial statements for the year ended December 31, 2015.

The forecasted key dates in the Recylex Group's new reporting timetable are as follows:

Event	Date
Full-year 2015 results	Tuesday July 12, 2016 after the market close
First-half 2016 sales	Thursday August 4, 2016 after the market close
Annual General Meeting of the shareholders	10.00am on Thursday September 15, 2016

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Regenerating the urban mines

With operations in France, Germany and Belgium, Recylex is a European group specialized in lead and plastics recycling (mainly from automotive and industrial batteries), zinc recycling (from electric arc furnace dust and zinc scrap) and the production of special metals, primarily for the electronics industry.

A key player in the circular economy with long-standing expertise in urban waste recovery, the Group has close to 680 employees in Europe and generated consolidated sales of €385 million in 2015.

For more information about Recylex Group: www.recylex.fr and on twitter: @Recylex

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Press/Investor contact: Gabriel ZEITLIN + 33 (0)1 58 47 29 89 gabriel.zeitlin@recylex.fr