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Lenzing AG

ISIN: AT0000644505

WKN: 852927

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Lenzing AG · ISIN: AT0000644505 · Newswire (adhoc)

Land: Österreich · Primärmarkt: Österreich · EQS NID: 1972545

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21 August 2024 14:42PM

Rohit Aggarwal new CEO as of September 1, 2024 – Stephan Sielaff to leave the company as of August 31, 2024

EQS-Ad-hoc: Lenzing AG / Key word(s): Personnel
Lenzing AG: Rohit Aggarwal new CEO as of September 1, 2024 – Stephan Sielaff to leave the company as of August 31, 2024

21-Aug-2024 / 14:42 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Rohit Aggarwal new CEO as of September 1, 2024 – Stephan Sielaff to leave the company as of August 31, 2024

Lenzing – Rohit Aggarwal will take over the position of CEO as of 1 September 2024. Outgoing Chief Executive Officer Stephan Sielaff will leave the company end of August 2024, by mutual agreement with the Supervisory Board.

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 media@lenzing.com
Web 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.

End of Inside Information

21-Aug-2024 CET/CEST News transmitted by EQS Group AG. 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:	1972545


End of Announcement	EQS News Service

1972545 21-Aug-2024 CET/CEST

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