EQS News: Lenzing AG / Key word(s): Personnel Rohit Aggarwal appointed as member of the Board of Directors and designated CEO of Lenzing AG June 28, 2024 / 10:13 CET/CEST The issuer/publisher is responsible for the content of the announcement. ════════════════════════════════════════ ══════════ ════════════════════════ Rohit Aggarwal appointed member of the board and designated CEO of Lenzing AG Lenzing – The supervisory board of the Lenzing Group, a leading provider of regenerated Cellulose fibers for the textile and nonwovens industries, has appointed Rohit Aggarwal as a new board member of the Lenzing Group. He will take over the fibers division during the third quarter and will take over as CEO of the Lenzing Group following the departure of Stephan Sielaff. Rohit Aggarwal, a business economist, has decades of experience in leading positions in the textile and chemical industries. Due to numerous global management positions in Europe, the USA and Asia, he has a sound understanding of the strategic development of international markets and the building of efficient management teams. Thanks to his experience in the global textile and fiber market, he is fully familiar with Lenzing’s core business in all its content and geographical facets. Stephan Sielaff, CEO of Lenzing AG, will leave the company when his contract expires at the end of March 2025 at the latest and devote himself to new tasks. Cord Prinzhorn, Chairman of the Supervisory Board of Lenzing AG: “I would like to express my great thanks to Stephan Sielaff for leading the company with a steady and tireless hand through an extraordinarily challenging time marked by several crises. In Rohit Aggarwal, we have gained an international leader who knows the textile markets very well, from raw materials to the processing of environmentally friendly fibers. On behalf of the entire Supervisory Board, I am pleased that we were able to recruit Rohit Aggarwal for the position of Executive Board member for the Fibers division and subsequently as CEO.” Stephan Sielaff: “The last, very eventful years have been incredibly energetic at Lenzing AG and change. The massive efforts and the resulting developments are now starting to pay off. I am convinced that we have thus laid the foundation for an excellent future. It fills me with pride and gratitude that I was able to contribute my part to a fantastic company with great employees.” “I am very much looking forward to my new task and the opportunity to support Lenzing AG as a leading player in sustainable development in the coming years Strengthen the fiber industry. It is a privilege for me to build on the strong foundation that already exists and work with the Lenzing team to further expand the business and unleash the full potential of Lenzing’s well-known brands,” says Rohit Aggarwal, Member of the Board of Directors and CEO-designate of Lenzing Group. Photo download: (1) https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=HAdarqwcP2a5
PIN: HAdarqwcP2a5 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 (2)media@lenzing.com
Web (3) www.lenzing.com
About the Lenzing Group The Lenzing Group stands for ecologically responsible production of special fibers based on cellulose and recycled material. 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. ════════════════════════════════════════ ══════════ ════════════════════════ 06/28/2024 CET/CEST Publication of a corporate news/financial announcement, transmitted by 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: 1935769 End of message EQS News Service 1935769 June 28, 2024 CET/CEST References Visible links 1. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=2d491bb3fa164c73d7ffe896d62b957b&application_id=1935769&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
2. media@lenzing.com
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