RUBIS: PLACEMENT OF A 5.24% BLOCK SHARES OF RUBIS

Paris, April 12, 2019

Orfim has announced this day the sale of its entire shareholding (5.24%) in Rubis through a private placement lead by Crédit Agricole-CIB taking place on April 11 at Euronext closing.

Orfim has been a long time shareholder, since 1999, bringing its full financial support during the intensive acquisition lead growth and development of Rubis.

Through this long standing collaboration and exchanges between both groups including valuable advises as Rubis' Board member, Rubis is proud to maintain Alexandre Piccioto as Board member following this transaction.

Orfim has informed Rubis that the decision to divest is motivated by a reorganization of the family-controlled trust.

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