At the Annual General Shareholders’ Meeting of Recticel, which took place this morning, all proposed resolutions on the agenda⁽¹⁾ of the Ordinary General Shareholders’ Meeting were approved.

Recticel will distribute a gross 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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⁽¹⁾ for more details, see: https://www.recticel.com/investors/general-meetings.html