PRESS RELEASE
Regulated information
Brussels, 30 June 2025 – 18:00 CET




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


Capital increase through exercise of subscription rights



Recticel announces that on 30 June 2025 its share capital has been increased following the exercise of
30,000 subscription rights of the warrant plan issued on 28 June 2019. This resulted in the issuance of
30,000 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 2 July 2025.


This results in the following overview:


Before Current
Total subscribed capital (in EUR) 141,627,300 141,702,300
Total number of shares in issue (with voting rights) 56,650,920 56,680,920
Total number of outstanding subscription rights 2,315,000 2,285,000



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Press release – Capital increase – 30 June 2025 – 18:00 CET Page 1 of 2
About Recticel
Recticel is a Belgian insulation Group with a strong presence in Europe and the USA. It offers smart insulation
solutions that advance a carbon-free economy and a better quality of life.
Recticel delivers upon a portfolio of Insulation Boards, Insulated Panels and Acoustic Solutions.
Recticel Insulation designs polyurethane thermal and thermo-acoustic boards for optimal building comfort and
energy efficiency. This includes vacuum insulation panels (VIP) by Turvac.
Trimo enables the highest aesthetic standards and extends architectural capabilities with its mineral wool insulated
panels and modular space solution, primarily in non-residential applications. With the recent acquisition of
REX Panels & Profiles, the portfolio now includes PIR insulated panels.
Soundcoat provides acoustic solutions used in some of the world’s leading technological innovations.
At the end of 2024, Recticel employed 1,275 people and had achieved sales of EUR 610.2 million. Its operations
are spread over seven countries.
The Science Based Targets initiative (SBTi) approved Recticel’s near-term targets for the reduction of scope 1, 2
& 3 greenhouse gas emissions by 2030 (from base year 2021) and net-zero targets for 2050.
CDP added Recticel to its 2024 A list for Climate Change.

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


Financial calendar
First half year results 2025 29.08.2025 (07:00 AM CET)
Third quarter trading update 2025 30.10.2025 (07:00 AM CET)


Media & Investor Relations Investor Relations
Jan Vergote Bart Van den Eede
Chief Executive Officer Chief Financial & Legal Officer
vergote.jan@recticel.com vandeneede.bart@recticel.com
+32 2 775 18 01 +32 2 775 18 01

Recticel NV/SA
Bourgetlaan 42 avenue du Bourget
1130 Brussels
Belgium


This press release is available in English and Dutch on www.recticel.com.




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