EQS-Ad-hoc: Lenzing AG / Key word(s): Personnel Lenzing AG: Rohit Aggarwal is appointed member of the board of directors and designated CEO of Lenzing AG 06/28/2024 / 09:59 CET/CEST Publication of insider information in accordance with Article 17 of the regulation (EU) No. 596/2014, transmitted by EQS News – a service of EQS Group AG. The issuer/publisher is responsible for the content of the message. ════════════════════════════════════════ ══════════ ════════════════════════ Rohit Aggarwal is appointed member of the Executive Board and designated CEO of Lenzing AG. Chairman of the Executive Board Stephan Sielaff will sign his Executive Board contract in mutual agreement with the Supervisory Board do not extend. Rohit Aggarwal is appointed Chief Fiber Officer and Chairman Designate. Your contact for public relations: Dominic Köfner Vice President Corporate Communications & Public Affairs Lenzing Aktiengesellschaft Werkstraße 2, 4860 Lenzing, Austria Telephone +43 7672 701 2743 Email (1)media@lenzing.com
Web (2) www.lenzing.com
About the Lenzing Group The Lenzing Group stands for ecologically responsible production of special fibers based on cellulose and recycled materials. With its innovative product and technology solutions, Lenzing is a partner of global textile and nonwovens manufacturers and a driver of numerous new developments. The Lenzing Group’s high-quality fibers are the starting material for a variety of textile applications – from functional, comfortable and fashionable clothing to long-lasting and sustainable home textiles. Due to their special properties and their botanical origin, the TÜV-certified biodegradable and compostable Lenzing fibers are also ideal for demanding use in everyday hygiene applications. The Lenzing Group’s business model goes far beyond that of a classic fiber manufacturer. Together with its customers and partners, it develops innovative products along the value chain that create added value for consumers. The Lenzing Group strives for efficient use and processing of all raw materials and offers solutions for transforming the textile industry from the current linear economic system to a circular economy. In order to reduce the rate of global warming and thereby support the goals of the Paris Agreement and the EU Commission’s Green Deal, Lenzing has a clear, science-based climate action plan that calls for a significant reduction in greenhouse gas emissions by 2030 and net zero -Target (Scope 1, 2 and 3) by 2050. Data and facts Lenzing Group 2023 Sales: EUR 2.52 billion Nominal capacity (fibers): 1,110,000 tons Employees (full-time equivalents): 7,917 TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™ and REFIBRA™ are brands of Lenzing AG. End of insider information ══════════════════════════════════════ ═════════ ═══════════════════════════ Information and explanations from the issuer on this announcement: Rohit Aggarwal new member of Management Board of Lenzing AG and designated CEO Lenzing – Chief Executive Officer Stephan Sielaff will not renew his Management Board contract by mutual agreement with the Supervisory Board. Rohit Aggarwal appointed as Chief Fiber Officer and designated CEO. Your contact for Public Relations: Dominic Köfner Vice President Corporate Communications & Public Affairs Lenzing Aktiengesellschaft Werkstraße 2, 4860 Lenzing, Austria Phone +43 7672 701 2743 E-mail (3)media@lenzing.com
Web (4) www.lenzing.com
About the Lenzing Group
The Lenzing Group stands for eco-responsible production of specialty
fibers based on cellulose and recycled material. As an innovation leader,
Lenzing is a partner of global textile and nonwoven manufacturers and
drives many new technological developments. The Lenzing Group’s
high-quality fibers form the basis for a variety of textile applications
ranging from functional, comfortable and fashionable clothing to durable
and sustainable home textiles. Due to their special properties and their
botanical origin, the TÜV certified biodegradable and compostable Lenzing
fibers are also highly suitable for everyday hygiene products.
The business model of the Lenzing Group goes far beyond that of a
traditional fiber producer. Together with its customers and partners,
Lenzing develops innovative products along the value chain, creating added
value for consumers. The Lenzing Group strives for the efficient
utilization and processing of all raw materials and offers solutions to
help transform the textile industry from the current linear economic
system towards a circular economy. In order to reduce the speed of global
warming and thus also support the targets of the Paris Agreement and the
EU Commission’s “Green Deal”, Lenzing has developed a clear science-based
climate action plan that aims to significantly reduce greenhouse gas
emissions by 2030 and a net-zero goal (scope 1, 2 and 3) by 2050.
Key Facts & Figures Lenzing Group 2023
Revenue: EUR 2.52 bn
Nominal capacity: 1,110,000 tonnes
Employees (FTE): 7,917
TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™ and REFIBRA™ are trademarks
of Lenzing AG.
══════════════════════════════════════════════════════════════════════════
28.06.2024 CET/CEST Mitteilung übermittelt durch die EQS Group AG.
www.eqs.com
════════════════════════════════════════ ══════════ ════════════════════════ Language: German Company: Lenzing AG 4860 Lenzing Austria Telephone: +43 7672-701-0 Fax: +43 7672-96301 Email: office@lenzing.com
Internet: www.lenzing.com
ISIN: AT0000644505 Indices: ATX Exchanges: Vienna Stock Exchange (official trading) EQS News ID: 1935653 End of message EQS News Service 1935653 June 28, 2024 CET/CEST References Visible links 1. media@lenzing.com
2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=5803f22d982f72dcc3d9f0027e178e6b&application_id=1935653&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
3. media@lenzing.com
4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=5803f22d982f72dcc3d9f0027e178e6b&application_id=1935653&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news