Recticel : ANNUAL GENERAL SHAREHOLDERS’ MEETING OF RECTICEL

PRESS RELEASE

Regulated information

Brussels, 29 May 2018-14:00 CET

At the Annual General Shareholders' Meeting of Recticel, which took place this morning, allproposed resolutions on the agenda(1)of the Ordinary General Shareholders' Meeting wereapproved.

Recticel will distribute agross dividend of EUR 0.22 per share, which will be paid on 01

June 2018.

The Meeting also:

• Approved the 2017 financial statements and the appropriation of the result.

• Discharged the directors and auditors.

• Approved the 2017 remuneration report and the fixing of remuneration fees for 2018.

• Approve the renewal of the mandate as non-executive director, for a new term of three years expiring after the Ordinary General Meeting of 2021, of respectively:

  • -Thijs Johnny SPRL, represented by Mr Johnny Thijs

  • -Compagnie du Bois Sauvage Services SA, represented by Mr Benoit Deckers

  • -Compagnie du Bois Sauvage SA, represented by Mr Pierre-Yves de Laminne de Bex

  • -Revalue SPRL, represented by Mr Luc Missorten

  • -Mr Kurt Pierloot

• Authorized the Board of Directors to issue a new edition of maximum 500,000 stock options under the Stock Option Plan of the Recticel Group in favour of the senior managers of the Recticel Group.

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for more details, see:https://www.recticel.com/investors/general-meetings.html.

Press release-Decisions Annual General Meeting-29 May 2018-14:00 CET

RECTICEL- Olympiadenlaan 2, B-1140 Brussels (Evere)

Recticel is a Belgian Group with a strong European dimension, but it also operates in the rest of the world.

Recticel employs 8,411 people in 98 establishments in 28 countries.

Recticel contributes to daily comfort with foam filling for seats, mattresses and slat bases of top brands, insulation material, interior comfort for cars and an extensive range of other industrial and domestic applications.

Recticel is the Group behind well-known bedding brands (Beka®, Lattoflex®, Literie Bultex®, Schlaraffia®, Sembella®, Swissflex®, Superba®, Ubica®, etc.) and GELTEX® inside. Within the Insulation sub-segment high-quality thermal insulation products are marketed under the well-known brands Eurowall®, Powerroof®,

Powerdeck®, Powerwall® and Xentro®. Technological progress and innovation have led to breakthrough at the biggest names in the Automotive industry thanks to Colo-Fast®, Colo-Sense® and Colo-Sense Lite®.

In 2017 Recticel achieved combined sales of EUR 1.46 billion (IFRS 11 consolidated sales: EUR 1.14 billion).

Recticel (Euronext: REC-Reuters: RECTt.BR-Bloomberg: REC:BB) is listed on Euronext in Brussels.

The press release is available in English, Dutch and French on the websitewww.recticel.com

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