CHARGEURS : Final dividend and reinvestment results

SUCCESSFUL TAKE-UP OF THE 2016 DIVIDEND REINVESTMENT OPTION

PRESS RELEASE

Paris, May 26, 2017

• 56.2% rights exercised to reinvest the final 2016 dividend in Chargeurs shares
• 243,356 new shares to be issued on May 30, 2017, carrying dividend rights from January 1, 2017
• €3,522,302: total amount of the cash dividend that will be paid on May 30, 2017

Michaël Fribourg, Chairman and Chief Executive Officer, said: "The option for shareholders to reinvest their final dividend in shares - a first in Chargeurs' history - has proved extremely successful. The high take-up rate of this option by shareholders demonstrates their confidence in the Group's ability to action its long-term growth strategy and model for operational excellence through the deployment of the Chargeurs Business Standards."

At the Annual General Meeting on April 20, 2017, shareholders approved the payment of a dividend of €0.55 per share for 2016 (up 83% year on year), including an interim dividend of €0.20 per share which was paid on September 21, 2016. At the same Meeting, shareholders voted overwhelmingly in favor of giving each shareholder the option to reinvest their final dividend (€0.35 per share) in new Chargeurs shares to be issued at a price representing a 10% discount on the market price. See Chargeurs' press release dated April 24, 2017 for further details of the terms and conditions of this dividend reinvestment option.

After applying the 10% discount approved by shareholders, the issue price of each new share to be delivered as payment for the final dividend was set at €18.39, representing 90% of the average of the opening prices quoted for Chargeurs' shares during the twenty trading days preceding the date of the Annual General Meeting (April 20, 2017), less the amount of the final per-share dividend and rounded up to the nearest euro cent. The exercise period for the reinvestment option ran from May 3 to May 22, 2017.

At the close of the exercise period 243,356 new ordinary Chargeurs shares were created, representing 1.1% of the Company's capital and 1.1% of the voting rights, based on Chargeurs' capital and voting rights at April 30, 2017. The shares will be settled-delivered and listed on Euronext Paris as of May 30, 2017. The new shares will carry dividend rights from January 1, 2017 and will rank pari passu with the Company's existing ordinary shares.

Consequently, on May 30, 2017, Chargeurs' share capital will be raised to €3,713,520.00, divided into 23,209,500 ordinary shares with a par value of €0.16 each, all fully paid up and in the same class.

The total amount of the final dividend payable in cash is €3,522,302.00, which will be paid on May 30, 2017.

2017 Financial Calendar

Thursday, September 7, 2017 (before the start of trading) First-half 2017 results

Thursday, November 14, 2017 (after the close of trading) Third-quarter 2017 financial information

Chargeurs is a global manufacturing and services group with leading positions in four segments: temporary surface protection, garment interlinings, technical substrates and combed wool.

It has over 1,500 employees based in 34 countries on five continents, who serve a diversified customer base spanning more than 70 countries.

In 2016, revenue totaled more than €500 million, of which over 90% was generated outside France.

CONTACT

Financial Communications • +33 1 47 04 13 40 • comfin@chargeurs.fr • www.chargeurs.fr

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