Capital increase through exercise of subscription rights

PRESS RELEASE                            

Regulated information                  

Brussels, 1 December   2025 – 07:00 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 28 November 2025 its share capital has been increased following the exercise of 13,500 subscription rights of the warrant plan issued on 28 June 2019 and  5,000 subscription rights of the warrant plan issued on 29 June 2020. This resulted in the issuance of 18,500 new ordinary shares, which will be admitted for trading on Euronext Brussels as of 2 December 2025.

This results in the following overview:

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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 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 solutions, primarily in non-residential applications. REX Panels & Profiles complements the portfolio with PIR and mineral wool roof and wall systems. 

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 

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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