NATUREX : Conversion of the total number of OCEANES bonds into new shares

Avignon, 29 December 2017 - Naturex, the global leader in specialty plant-based natural ingredients, pursuant to its decision published on 6 December 2017 to exercise its early redemption option¹ for the full amount of the OCEANEs² maturing on 30 June 2019, announces that the two bondholders, Bpifrance Investissement (ex-FSI) and TIKEHAU Capital (ex-SALVEPAR), have exercised their option to convert the bonds into shares

This conversion of 257,143 OCEANESs³ resulted in the creation of 266,914 new Naturex shares with a nominal value per share of €1.50 or 177,943 shares for Bpifrance Investissement and 88,971 shares for TIKEHAU Capital.

These new shares created and admitted to trading on the regulated market of Euronext Paris will rank pari passu and be fungible with Naturex existing ordinary shares (ISIN code FR0000054694). On that basis, Naturex share capital will amount to €14,323,111.50 divided by 9,548,741 shares⁴.

This transaction will contribute to optimising Naturex's financial structure by reducing its financial structure and improving its equity.

You can receive all financial information of Naturex free of charge by signing up at: www.naturex.fr

Financial schedule

- Revenue - FY 2017
6 February 2018

- 2017 annual results
28 March 2018

Upcoming events

- Analysts meeting (SFAF - French Society of Financial Analysts), Paris
29 March 2018

- AGM
21 June 2018

About Naturex

Naturex sources, manufactures and markets natural speciality ingredients for the food, health and cosmetic industries. As the Natural Maker, the company actively supports the global shift from synthetic to natural through an offer built on two main focus areas: My Natural Food and My Natural Selfcare. Naturex's portfolio includes colours, antioxidants, speciality fruits & vegetables, phytoactives, and numerous other plant-based natural ingredients, designed to create healthy, authentic and effective products.

The Group's strong commitment to quality, sustainability, continuous innovation process, and the talent of its people are at the heart of its success.

Headquartered in Avignon, France, Naturex has experienced steadily-increasing growth throughout the last 25 years. The Group employs 1,700 people worldwide and in 2016 had revenue of €404.4 million.

The Group is listed on Euronext Paris, Compartment B - Index: Euronext Next 150, Enternext CAC PEA-PME 150, CAC Small & Mid, CAC Small, Gaïa - Ticker: NRX - Reuters: NATU.PA - Bloomberg: NRX:FP - DR SYMBOL: NTUXY

NATUREX, From Nature to You

Contacts

Carole Alexandre

Investor Relations

Tel.: +33 (0)4 90 23 78 28

[email protected]
Anne Catherine Bonjour

Actus Finance Press Relations

Tel.: +33 (0)1 53 67 36 93

[email protected]

¹ Third paragraph - Early redemption by repayment at the option of the Company - of article 3.1.8.1. Redemption of the Bonds of the Information Memorandum issued on 16 January 2013 in connection with the admission on the Luxembourg Euro MTF market of the OCEANEs (obligations à option de conversion ou d'échange en actions ordinaires nouvelles ou existantes). Notice published in the Bulletin officiel des annonces légales obligatoires (BALO) of 6 December 2017.

² OCEANEs (obligations à option de conversion ou d'échange en actions ordinaires nouvelles ou existantes) maturing on 30 June 2019 (ISIN FR0011395672 - Luxembourg Euro MTF market).

³ In accordance with article 3.2 Right to convert and/or exchange the bonds into shares of the Company - of the Information Memorandum, and in the Bulletin officiel des annonces légales obligatoires (BALO), No.°86 of 18 July 2014 - Adjustment of OCEANE bondholder rights: In accordance with section 3.2.6 of the information memorandum of 16 January 2013 and article R.228-91 of the French commercial code (code de commerce), the conversion ratio for OCEANE bonds was modified by applying a multiplier of 1.038.

⁴ On the basis of 9,279,517 shares comprising the capital at November 30, 2017, the creation of 2,310 new shares resulting from the exercise of share subscription options and 266,914 new shares resulting from the conversion of OCEANES for a total number of gross voting rights of 12,695,586.