SIPEF

AGM Information • Jun 14, 2018

Ordinary and extraordinary general meeting of 13 June 2018

Ordinary general meeting

The ordinary general meeting of SIPEF took place today. All items on the agenda were approved.

The shareholders approved the proposal to distribute a gross dividend of 1.60 euros per share (coupon 11). After deduction of the withholding tax, the net dividend amounts to 1.12 euros per share. The shares will be traded ex‐coupon as from 2 July 2018. The dividend will be payable from 4 July 2018.

The shareholders approved the renewal of the mandate of Priscilla Bracht as non‐executive director, and the appointment of Tom Bamelis, as a non‐executive director, both for a 4‐yearterm, expiring at the 2022 ordinary general meeting.

The shareholders also approved the definitive appointment as director of Petra Meekers until the closing of the ordinary general meeting of 2020. Petra Meekers was co‐opted in November 2017 to complete the term of office of Antoine de Spoelberch.

Extraordinary general meeting

The extraordinary general meeting of SIPEF took place today. The shareholders approved the renewal of the authorisation to buy back own shares.

All relevant information regarding the ordinary and extraordinary general meeting, including the minutes, are available on: http://www.sipef.com/meeting.html

Financial calendar

4 July 2018	Payment of dividend
16 August 2018	Half year results 2018
18 October 2018	Quarterly update Q3 2018
February 2019	Annual results 2018

Translation: this press release is available in Dutch, French and English. The Dutch version is the original; the other language versions are free translations. We have made every reasonable effort to avoid any discrepancies between the different language versions. However, should such discrepancies exist, the Dutch version will take precedence.

Schoten, 13 June 2018

For more information, please contact:

* F. Van Hoydonck, managing director (GSM +32 478 92 92 82)

* J. Nelis, chief financial officer

Tel.: +32 3 641 97 00 Fax : +32 3 646 57 05

finance@sipef.com www.sipef.com (section "investors")

SIPEF is a Belgian agro‐industry group listed on Euronext Brussels and specialised in the ‐ as sustainable certified ‐ production of tropical agricultural commodities, primarily crude palm oil and palm products. These labour‐intensive activities are consolidated in Indonesia, Papua New Guinea and Ivory Coast and are characterised by broad stakeholder involvement, which sustainably supports the long‐term investments.