CHARGEURS : Results of the payment of the 2017 interim dividend

RESULTS OF THE PAYMENT OF THE 2017 INTERIM DIVIDEND

PRESS RELEASE

Paris - September 27, 2017

• 47.25% of voting rights exercised in favor of the reinvestment of the 2017 interim dividend in Chargeurs shares
• 121,097 new shares, carrying dividend rights from January 1, 2018, issued on September 29, 2017
• €3,057,899.50: total interim dividend paid in cash on September 29, 2017

"Our shareholders' clear desire to reinvest their interim dividend in Chargeurs shares is another success for our Company. Shareholders have once again shown that they are confident in the Group's ability to carry out a strategy that will boost its long-term performance with 'Game Changer,' a new-generation plan to optimize our operations that was launched in 2017," commented Michaël Fribourg, Chairman and Chief Executive Officer.

Following the acceleration of growth in the first half of 2017, the Board of Directors of Chargeurs, which met on September 6, 2017, has approved the payment of an interim dividend for 2017 of €0.25 per share - up 25% on the interim dividend paid in 2016. Pursuant to the 5th resolution of the April 20, 2017 Annual General Meeting, all shareholders may opt to reinvest the interim dividend that will be paid on September 29, 2017 in new shares.

Pursuant to the 5% discount determined in accordance with article L.232-19 of the French Commercial Code (Code de commerce) and the decision of the Board of Directors' meeting of September 6, 2017, the price of new shares delivered as payment for the interim dividend has been set at €22.30, i.e., 95% of the average opening prices quoted for the Company's shares during the twenty trading days preceding the date of the Board of Directors meeting, less the net amount of the final per-share dividend and rounded up to the nearest euro cent.

The period during which shareholders may opt to reinvest the dividend began on September 13, 2017 and ended on September 21, 2017. The operation resulted in the issue of 121,097 new Chargeurs ordinary shares, representing 0.5% of the capital and 0.5% of net voting rights as at August 31, 2017. The settlement/delivery and listing of the shares on Euronext Paris will take effect from September 29, 2017. They will be listed on a separate line from Chargeurs' ordinary shares under ISIN code FR0013282464. The new shares will carry dividend rights from January 1, 2018 and will thereafter immediately rank pari passu with Chargeurs ordinary shares.

At the close of the operation on September 29, 2017, Chargeurs' share capital will amount to €3,732,895.52, divided into 23,330,597 ordinary shares with a par value of €0.16 each, all fully paid up and of the same category.

The total interim dividend paid in cash amounts to €3,057,899.50 and will be paid on September 29, 2017.

2017 Financial Calendar

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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