Disclosure in accordance with the provisions of the Act of 2 May 2007

Recticel announces that on 29 May 2017 its share capital has been increased following the exercise of (i) 113,963 warrants of the warrant plan issued on 30 May 2011, (ii) 11,933 warrants of the warrant plan issued on 22 December 2011 and (iii) 15,394 warrants of the warrant plan issued on 20 December 2012. This resulted in the issuance of 141,290 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 31 May 2017.