EQS-News: Extraordinary General Meeting Approves Capital Increase to Strengthen the Financial Structure and Implement the Strategic Realignment

EQS-News: Lenzing AG / Key word(s): Miscellaneous
   Extraordinary General Meeting Approves Capital Increase to Strengthen the
   Financial Structure and Implement the Strategic Realignment

   25.08.2026 / 13:03 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Extraordinary General Meeting Approves Capital Increase to Strengthen the
   Financial Structure and Implement the Strategic Realignment

    

     • Strengthening the financial structure through a capital increase with
       a volume of approx. EUR 300 mn to support the “Grow Nonwovens, Reset
       Textiles” strategy
     • Martin Seiter, MBA, newly elected to the Supervisory Board

    

   Lenzing, August 25, 2026 – The Extraordinary General Meeting of Lenzing
   AG, held on Tuesday, August 25, 2026, approved an increase of the share
   capital while preserving shareholders’ statutory subscription rights. This
   capital measure is intended to strengthen the company’s financial
   structure and support the implementation of the “Grow Nonwovens, Reset
   Textiles” strategy announced in July 2026. In addition, Martin Seiter,
   MBA, was newly elected to the Supervisory Board of Lenzing AG.

   Capital Increase Approved

   The General Meeting approved an increase in the company’s share capital in
   exchange for cash contributions, while preserving shareholders’ statutory
   subscription rights with a volume of approx. EUR 300 mn through the
   issuance of new no-par value bearer shares. The capital increase is to be
   completed no later than February 25, 2027. The specific terms of the
   offering, in particular the issue price, will be determined by the
   Management Board with the approval of the Supervisory Board in accordance
   with the capital increase resolution of the General Meeting and statutory
   requirements.

    

   Strengthening the equity base improves Lenzing AG’s balance sheet
   structure, increases its financial stability, and creates additional room
   for maneuvering. At the same time, a solid equity base supports the
   company’s financial flexibility and the implementation of its strategic
   targets as part of the “Grow Nonwovens, Reset Textiles” strategy.

    

   “The broad support from our shareholders, in particular our major
   shareholders, the B&C Group and Suzano, as well as Oberbank AG,
   demonstrates their confidence in our strategic realignment. The capital
   increase strengthens our financial structure and is a key building block
   for the successful implementation of our ‘Grow Nonwovens, Reset Textiles’
   strategy. This will enable us to lay the foundation for sustainably
   increasing Lenzing AG’s profitability and creating long-term value,” says
   Georg Kasperkovitz, CEO of Lenzing AG.

    

   Election to the Supervisory Board

   The General Meeting elected Martin Seiter, MBA, to the Supervisory Board
   of Lenzing AG, effective from the conclusion of the Extraordinary General
   Meeting until the end of the Annual General Meeting that will vote on the
   discharge of liability for the 2028 fiscal year.

    

   This election follows the departure of Dr. Franz Gasselsberger, MBA, who
   resigned from the Supervisory Board at his own request upon the conclusion
   of the Extraordinary General Meeting.

    

   The Supervisory Board of Lenzing AG therefore continues to comprise ten
   members elected by the General Meeting: Carlos Aníbal de Almeida Junior,
   Cornelius Baur, Helmut Bernkopf, Stefan Fida, Markus Fürst, Leonardo
   Grimaldi, Patrick Lackenbucher, Gerhard Schwartz, Martin Seiter and Astrid
   Skala-Kuhmann. In addition, the Supervisory Board includes the following
   members delegated by the Works Council: Stefan Ertl, Stephan Gruber,
   Bonita Haag, Helmut Kirchmair and Michael Bichler. Patrick Lackenbucher
   remains Chairman of the Supervisory Board.

    

    

   Photo download:

   [1]https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=l5P1Q9g4Q8q2

    

   Your contact for:

    

     Media Relations:               Investor Relations:
                                     
     Lenzing Aktiengesellschaft     Lenzing Aktiengesellschaft
     Werkstraße  2,  4860  Lenzing, Werkstraße 2, 4860 Lenzing, Austria
     Austria                         
                                    Phone   +43 7672 701 8947
     Phone   +43 664 6112534        E-mail   
     E-mail    [2][email protected]  [4][email protected]
     Web       [3]www.lenzing.com   Web        [5]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 2025
   Revenue: EUR 2.60 bn
   Nominal capacity (fibers): 1,110,000 tonnes
   Employees (full-time equivalents): 7,738
    
   TENCEL™, LENZING™ ECOVERO™, VEOCEL™, LENZING™ and REFIBRA™ are  trademarks
   of Lenzing AG.
    

    

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   25.08.2026 CET/CEST This Corporate News was distributed by [6]EQS Group

   View original content: [7]EQS News

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   Language:    English
   Company:     Lenzing AG
                4860 Lenzing
                Austria
   Phone:       +43 7672-701-0
   Fax:         +43 7672-96301
   E-mail:      [email protected]
   Internet:    www.lenzing.com
   ISIN:        AT0000644505
   Indices:     ATX
   Listed:      Vienna Stock Exchange (Official Market)
   LEI Code:    529900BKFJBI0QRDJH63
   EQS News ID: 2388380


    
   End of News EQS News Service


   2388380  25.08.2026 CET/CEST

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