EQS-News: Lenzing AG extends Christian Skilich's Management Board mandate until 2029 – Mathias Breuer promoted to CFO with January 1, 2026

EQS-News: Lenzing AG / Key word(s): Personnel
   Lenzing AG extends Christian Skilich's Management Board mandate until 2029
   – Mathias Breuer promoted to CFO with January 1, 2026

   19.09.2025 / 08:05 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Lenzing AG extends Christian Skilich's Management Board mandate until 2029
   – Mathias Breuer promoted to CFO with January 1, 2026

     • Christian Skilich has been a member of the Lenzing Management Board as
       Chief Pulp & Chief Technology Officer since June 2020 and, among
       others, is responsible for the Pulp business area. His Management
       Board mandate, originally set to run until May 31, 2026, has been
       extended by three additional years until May 31,2029.

    

     • Mathias Breuer, Senior Vice President and responsible for the
       performance program, will become the new Chief Financial Officer on
       January 1, 2026. This follows the decision of the current CFO, Nico
       Reiner, not to extend his mandate, which expires at the end of 2025.

    

   Lenzing, September 19, 2025 – The Supervisory Board of Lenzing AG has
   extended the standing management board mandate of Chief Pulp & Chief
   Technology Officer Christian Skilich, running until May 2026, by three
   additional years until May 31, 2029.

    

   Christian Skilich has been a member of the Management Board of Lenzing AG
   since June 2020. As Chief Pulp & Chief Technology Officer, his
   responsibilities, among others, include Pulp Commercial and Operations,
   Co-Products & Wood as well as Global HSE, Purchasing, and Innovation.

    

   Patrick Lackenbucher, Chairman of the Supervisory Board of Lenzing AG,
   says: “We are delighted that Christian Skilich will continue to serve as
   member of Lenzing AG’s Management Board going forward. The pulp business
   under his leadership is an important and successful profit driver and
   underpins the company's integrated business model. The innovation
   portfolio, which falls within his area of responsibility as well, will
   play a key role in shaping the future of Lenzing AG.”

    

   CFO Nico Reiner will not renew his contract at the end of 2025. Mathias
   Breuer to become new CFO in 2026

   CFO Nico Reiner has informed the Supervisory Board of Lenzing AG that he
   will not be available to extend his Management Board mandate, which
   expires on December 31, 2025. The Supervisory Board respects his decision
   and thanks Nico Reiner for his outstanding achievements on the Management
   Board of Lenzing AG, which, in addition to significant improvements in
   earnings, also included the successful completion of major refinancing
   projects in recent years.

    

   Supervisory Board Chairman Lackenbucher says: “We would like to thank Nico
   Reiner for his commitment and outstanding achievements as Chief Financial
   Officer of Lenzing AG. Nico Reiner has made a significant contribution to
   improving earnings and optimizing the financing structure of Lenzing AG.
   His prudence and expertise have contributed significantly to the stability
   and future of the company in a challenging macroeconomic environment.”

    

   Mathias Breuer (42) will become new Chief Financial Officer on January 1,
   2026. Breuer has been part of the management team at Lenzing AG since 2023
   and has been instrumental for the development and successful
   implementation of the company-wide performance program. Prior to that, he
   served as CFO of the packaging group Adapa and as CFO of the Sempermed
   division of Semperit AG Holding.

    

   Lackenbucher: “With Mathias Breuer, an experienced Lenzing manager and
   financial expert will join the company's Management Board as CFO in 2026.
   The fact that we can fill this position internally speaks for the quality
   of the management team at Lenzing AG. With the appointment of Mathias
   Breuer, we are ensuring a continued focus on the implementation and
   further development of the ongoing performance measures, to further
   strengthen the profitability and competitiveness of Lenzing AG in the
   global market.”

    

   “I would like to thank Nico Reiner for his commitment during a crucial
   phase at Lenzing AG. He has further developed our financial organization
   and thus contributed significantly to the company's success,” adds CEO
   Rohit Aggarwal. “At the same time, I welcome the decision of the
   Supervisory Board – with Mathias Breuer, we are gaining an outstanding
   financial expert who is deeply familiar with our company and industry. He
   has played a central role in the company’s transformation process so far
   and is ideally suited to shape the next phase of our financial strategy.”
    

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   Your contact for
   Media Relations:
    
   Phone  +43 7672 701 2743
   E-mail    [2]media@lenzing.com
   Web       [3]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.

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   19.09.2025 CET/CEST This Corporate News was distributed by EQS Group.
   www.eqs.com

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   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: 2200058


    
   End of News EQS News Service


   2200058  19.09.2025 CET/CEST

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