EQS-News: Lenzing AG / Key word(s): AGM/EGM
Resolutions of the 81st Annual General Meeting of Lenzing AG
17.04.2025 / 15:32 CET/CEST
The issuer is solely responsible for the content of this announcement.
══════════════════════════════════════════════════════════════════════════
Resolutions of the 81^st Annual General Meeting of Lenzing AG
• Approval of new remuneration policy based on share price performance
and ESG criteria
• Patrick Lackenbucher and Leonardo Grimaldi newly elected to the
Supervisory Board
Lenzing – On April 17, 2025, the 81^st Annual General Meeting of Lenzing
AG adopted the resolution to discharge the members of the Managing and
Supervisory Boards acting in the 2024 financial year and set the
remuneration of the Supervisory Board members for the 2025 financial year.
In addition, a revised remuneration policy was approved. In order to align
the remuneration policy for the Managing Board even more closely with the
interests of shareholders, the link to share price performance in
performance-based remuneration, in particular, was further strengthened.
The new remuneration policy of Lenzing AG is also linked to non-financial
sustainability criteria (ESG) in addition to financial performance
criteria.
KPMG Austria GmbH Wirtschaftsprüfungs- u. Steuerberatungsgesellschaft was
appointed as the auditor for both the separate and the consolidated
financial statements and also as the auditor of the sustainability
reporting for the 2025 financial year.
Elections to the Supervisory Board
The Annual General Meeting also elected Patrick Lackenbucher and Leonardo
Grimaldi as new members of the Supervisory Board of Lenzing AG until the
end of the Annual General Meeting that adopts the resolution that
discharges the Supervisory Board members acting in the 2029 financial
year. The mandate of Stefan Fida was also extended until the end of the
Annual General Meeting that adopts the resolution that discharges the
Supervisory Board members acting in the 2029 financial year.
The elections to the Supervisory Board were due to the expiry of the terms
of office of Stefan Fida and of Cord Prinzhorn, who is thereby stepping
down from the Supervisory Board in order to concentrate in the future on
both existing as well as new tasks within the B&C Group. Marcelo Feriozzi
Bacci had already stepped down from the Supervisory Board at his own
request on December 6, 2024.
As a consequence, the Supervisory Board of Lenzing AG continues to consist
of ten members elected by the Annual General Meeting: Carlos Aníbal de
Almeida Junior, Cornelius Baur, Helmut Bernkopf, Stefan Fida, Markus
Fürst, Franz Gasselsberger, Leonardo Grimaldi, Patrick Lackenbucher,
Gerhard Schwartz and Astrid Skala-Kuhmann. Stefan Ertl, Stephan Gruber,
Bonita Haag, Helmut Kirchmair and Johann Schernberger were delegated to
the Supervisory Board by the Works Council.
At the constituent meeting of the Supervisory Board following the Annual
General Meeting, Patrick Lackenbucher was elected Chairman, Carlos de
Almeida was elected First Deputy Chairman and Stefan Fida was elected
Second Deputy Chairman of the Supervisory Board.
Your contact for
Public Relations: Investor Relations:
Dominic Köfner Sébastien Knus
Vice President Corporate Communications Vice President Capital Markets
& Public Affairs Lenzing Aktiengesellschaft
Lenzing Aktiengesellschaft Werkstraße 2, 4860 Lenzing,
Werkstraße 2, 4860 Lenzing, Austria Austria
Phone +43 7672 701 2743 Phone +43 7672 701 3599
E-mail (1)media@lenzing.com E-mail (3)s.knus@lenzing.com
Web (2)www.lenzing.com Web (4)www.lenzing.com
About the Lenzing Group
The Lenzing Group stands for the responsible production of specialty and
premium fibers based on regenerated cellulose. 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 are the raw material for a wide range of textile
applications – ranging from functional, comfortable, and fashionable
clothing through to durable and sustainable home textiles. TÜV-certified
biodegradable and compostable Lenzing fibers are also ideal for demanding
use in everyday hygiene applications.
The Lenzing Group’s business model extends far beyond that of a
traditional fiber producer. Together with its customers and partners,
Lenzing develops innovative products along the value chain, adding value
for consumers. The Lenzing Group strives for efficient utilization and
processing of all raw materials and offers solutions for the transition of
the textile industry from the current linear economic system to a circular
economy. In order to align its commitment to limiting man-made climate
change with the goals of the Paris Agreement, Lenzing has a clear,
science-based climate action plan that provides for a significant
reduction in greenhouse gas emissions (Scopes 1, 2, and 3) by 2030 and a
net-zero target by 2050.
Key Facts & Figures Lenzing Group 2024
Revenue: EUR 2.66 bn
Nominal capacity (fibers): 1,110,000 tonnes
Employees (full-time equivalents): 7,816
TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™ and REFIBRA™ are trademarks
of Lenzing AG.
══════════════════════════════════════════════════════════════════════════
17.04.2025 CET/CEST This Corporate News was distributed by EQS Group.
www.eqs.com
══════════════════════════════════════════════════════════════════════════
Language: English
Company: Lenzing AG
4860 Lenzing
Austria
Phone: +43 7672-701-0
Fax: +43 7672-96301
E-mail: office@lenzing.com
Internet: www.lenzing.com
ISIN: AT0000644505
Indices: ATX
Listed: Vienna Stock Exchange (Official Market)
EQS News ID: 2120416
End of News EQS News Service
2120416 17.04.2025 CET/CEST
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=show_t_gif&application_id=2120416&application_name=news&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf
References
Visible links
1. mailto:media@lenzing.com
2. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=5803f22d982f72dcc3d9f0027e178e6b&application_id=2120416&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
3. mailto:s.knus@lenzing.com
4. https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=5803f22d982f72dcc3d9f0027e178e6b&application_id=2120416&site_id=apa_ots_austria~~~18b544d0-9c71-4160-bd95-cc8b9aff9fbf&application_name=news
OTS original text press release with the exclusive in terms of content of the sender – www.ots.at |