Recylex

Capital/Financing Update • Apr 29, 2019

The European expert in the circular economy www.recylex.eu

29 April 2019 – 18:30 Press release

Information at April 29th 2019

The Recylex Group (Euronext Paris: FR0000120388 - RX) is announcing that it has obtained a postponement from April 30th 2019 originally until May 15th 2019 of the date from which the German sub-group's financial partners would be entitled to exercise their early cancellation right for the existing financing.

As a result, the repayment date for the bridge financing has also been deferred until May 15th 2019. That financingwas arranged by the German sub-group with Glencore International AG during the first quarter of 2019. It amounted to €14 million in the second quarter of 2019 and has been used in full to date.

To recap, the discussions initiated in December 2018 with all the German sub-group's financial partners to adjust the financing arrangements agreed in December 2016 to its current and projected cash generation¹ continue. The Group aims to reaching a final agreement by mid-May 2019.

As a reminder, as the discussions initiated in December 2018 are still ongoing with the financial partners of the German sub-group, Recylex S.A. will not be able to file its 2018 Annual Financial Report with the Autorité des Marchés Financiers within the set deadline of April 30th 2019¹ .

The Group's objective is to reach a final agreement by mid-May 2019. Recylex S.A. will keep investors informed of the progress of the ongoing discussions, as well as the financial agenda for the closing of its 2018 annual accounts.

¹See the press releases dated December 5, 2018, February 7, 2019, March 26, 2019 and April 24, 2019.

Raw materials from urban mines

The Recylex Group, based in France and Germany, is a European specialist in the recycling of lead, zinc, polypropylene and in the production of high-purity special metals. As a key player in the circular economy and thanks to its long-standing know-how, Recylex achieved consolidated sales of € 365 million in 2018 and employs more than 730 employees.

For more information about the Recylex Group: www.recylex.eu

Press & Investor contact: Gabriel Zeitlin | T +33 (0)158 47 29 89 | E gabriel.zeitlin@recylex.eu