EQS-Adhoc: Lenzing AG: Lenzing Aktiengesellschaft: Preliminary results of rights offering

EQS-Ad-hoc: Lenzing AG / Key word(s): Capital Increase/Capital Increase
 Lenzing AG: Lenzing Aktiengesellschaft: Preliminary results of rights offering

 20-Oct-2026 / 18:02 CET/CEST
 Disclosure of an inside information acc. to Article 17 MAR of the Regulation
 (EU) No 596/2014, transmitted by [1]EQS News - a service of [2]EQS Group.
 The issuer is solely responsible for the content of this announcement.

 ═══════════════════════════════════════════════════════════════════════════════

 NOT FOR DISTRIBUTION OR RELEASE, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED
 STATES, AUSTRALIA, CANADA OR JAPAN OR ANY OTHER JURISDICTION IN WHICH SUCH
 DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL. PLEASE SEE THE IMPORTANT INFORMATION
 AT THE END OF THIS COMMUNICATION.

  Lenzing Aktiengesellschaft: Preliminary results of rights offering

   • 34,411,626  new shares (equivalent to a subscription rights exercise ratio
     of 99.0%) were subscribed for in the rights offering
   • The limited number of new shares not subscribed for will be sold in the
     market by the managing banks

 Lenzing, October 20, 2026 – On October 1, 2026, Lenzing Aktiengesellschaft
 ("Lenzing" or the "Company") announced a fully underwritten capital increase
 against contribution in cash with subscription rights for existing shareholders
 resulting in the issuance of 34,756,362 new no-par value bearer shares with an
 entitlement to dividends as of January 1, 2026 (the “New Shares”) at a
 subscription price of EUR 8.65 per New Share (the “Subscription Price”) to
 raise gross proceeds of approximately EUR 300 mn (the “Rights Offering”). The
 subscription period for the Rights Offering expires on October 20, 2026, 11:59
 p.m. CEST.

 Lenzing hereby announces that as of October 20, 2026, 4:00 p.m. CEST,
 34,411,626 New Shares have been subscribed for in the Rights Offering through
 the exercise of subscription rights (equivalent to a subscription rights
 exercise ratio of 99.0%), including 18,159,291 New Shares subscribed for by the
 syndicate formed by the B&C Group and Suzano S.A., corresponding to
 approximately 52.25% of the Rights Offering, and 1,344,177 New Shares
 subscribed for by Oberbank AG, corresponding to approximately 3.87% of the
 Rights Offering.

 The limited number of New Shares not subscribed for in the Rights Offering will
 be sold in the market by the managing banks at an offer price at least equal to
 the Subscription Price.

 Settlement and delivery and commencement of trading in the Prime Market segment
 of the Vienna Stock Exchange of all New Shares under the existing ISIN
 AT0000644505 are expected on October 23, 2026, conditional upon the
 registration of the implementation of the capital increase with the companies
 register. The right to terminate the offer is reserved.

  

 Your contact for                      
                                       
 Media Relations:                     Investor Relations: 
                                       
 Corporate Communications             Investor Relations Team
 Lenzing Aktiengesellschaft           Lenzing Aktiengesellschaft 
 Werkstraße 2, 4860 Lenzing, Austria  Werkstraße 2, 4860 Lenzing, Austria 
                                       
 Phone  +43 664 6112534               Phone  +43 7672 701 8947 
 E-mail  [3][email protected]         E-mail   [5][email protected] 
 Web     [4]www.lenzing.com           Web       [6]www.lenzing.com  
                                       

  

 Important Notice

 These materials may not be distributed or published, directly or indirectly, in
 the United States (including its territories and possessions, any state of the
 United States and the District of Columbia), Australia, Canada, Japan or any
 other jurisdiction in which such distribution or publication would be unlawful.

 These materials do not constitute, and are not part of, an offer or
 solicitation to purchase or subscribe for securities in the United States,
 Australia, Canada or Japan or in any other jurisdiction in which such an offer
 or solicitation may be unlawful. The securities referred to herein have not
 been and will not be registered under the U.S. Securities Act of 1933, as
 amended (the “Securities Act”). The securities may not be offered or sold in
 the United States absent registration or an exemption from the registration
 requirements of the Securities Act. There will be no public offering of the
 securities in the United States.

 In the United Kingdom, this document is being distributed only to, and is
 directed only at, persons who are “qualified investors” within the meaning of
 the Public Offers and Admissions to Trading Regulations 2024 (the “POATRs”) and
 who are also (i) investment professionals falling within Article 19(5) of the
 Financial Services and Markets Act 2000 (Financial Promotion) Order 2005, as
 amended (the “Order”), or (ii) persons falling within Article 49(2)(a) to (d)
 of the Order (high-net-worth companies, unincorporated associations, etc.), or
 (iii) persons to whom an invitation or inducement to engage in investment
 activity, within the meaning of section 21 of the Financial Services and
 Markets Act 2000, in connection with the issue or sale of securities may
 otherwise lawfully be communicated or caused to be communicated (all such
 persons together being referred to as “relevant persons”). This document is
 directed only at relevant persons and must not be acted on or relied on by
 persons who are not relevant persons. Any investment or investment activity to
 which this document relates is available only to relevant persons and will be
 engaged in only with relevant persons. This document does not constitute a
 public offer of securities in the United Kingdom within the meaning of the
 POATRs. Any offer of securities in the United Kingdom will be made solely in
 accordance with the POATRs and the applicable FCA rules.

 In the Member States of the European Economic Area other than Austria, this
 communication is directed only at persons who are “qualified investors” within
 the meaning of point (e) of Article 2 of Regulation (EU) 2017/1129 of the
 European Parliament and of the Council of 14 June 2017 on the prospectus to be
 published when securities are offered to the public or admitted to trading on a
 regulated market (the “Prospectus Regulation”).

 This document does not constitute a prospectus for the purposes of the
 Prospectus Regulation, but an advertisement for the purposes of the Prospectus
 Regulation and, as such, does not constitute an offer to sell or a solicitation
 of an offer to purchase securities of Lenzing Aktiengesellschaft. Investors
 should not subscribe for any securities referred to in this document except on
 the basis of the information contained in the securities prospectus, including
 any amendments thereto, if any, relating to the securities.

 This publication constitutes neither an offer to sell nor a solicitation to buy
 securities of Lenzing Aktiengesellschaft. The offer is being made solely by
 means of, and on the basis of, the published securities prospectus (including
 any amendments thereto, if any) approved by the Austrian Financial Market
 Authority (“FMA”). An investment decision regarding the publicly offered
 securities of Lenzing Aktiengesellschaft should only be made on the basis of
 the securities prospectus (including any amendments thereto, if any) available
 in electronic form on the Company’s website
 ([7]https://www.lenzing.com/investors/capital-measures/capital-increase-2026/).

 Information in this announcement

 The information contained in this announcement is for information purposes only
 and does not purport to be complete. No person may rely, for any purpose, on
 the information contained in this announcement or on its accuracy, fairness or
 completeness.

 The information contained in this announcement is subject to change. Before
 making an investment decision in relation to any securities to which this
 announcement relates, persons viewing this announcement should ensure that they
 fully understand and accept the risks that will be set out in the securities
 prospectus, if published. No reliance may be placed, for any purpose, on the
 information contained in this announcement or on its accuracy or completeness.

 This communication does not constitute a recommendation concerning any
 potential offering. The value of shares may go down as well as up. Potential
 investors should seek advice from a professional adviser as to the suitability
 of any potential offering for the person concerned. Nothing in this
 communication constitutes, or should be construed as, investment, tax,
 financial, accounting or legal advice.

 Certain data contained in this communication, including financial, statistical
 and operational information, have been rounded. As a result of such rounding,
 the totals of data presented in this communication may vary slightly from the
 actual arithmetic totals of such data.

 Forward-looking statements

 Certain statements contained in this communication may constitute
 “forward-looking statements”, which involve a number of risks and
 uncertainties. Forward-looking statements are generally identifiable by the use
 of the words “may”, “will”, “should”, “plans”, “expects”, “assumes”,
 “estimates”, “believes”, “intends”, “forecasts”, “target” or “aim”, or the
 negative of these words or other variations of these words or comparable
 terminology. Forward-looking statements are based on assumptions, projections,
 estimates, forecasts, opinions or plans that, by their nature, are subject to
 significant risks, uncertainties and contingencies that are subject to change.
 The Company does not make, and will not make, any representation that any
 forward-looking statement will be achieved or will prove to be correct.

 Actual future business conditions, financial condition, results of operations
 and prospects may differ materially from those projected or forecast in the
 forward-looking statements. The Company and the Joint Bookrunners and their
 respective affiliates therefore expressly disclaim any obligation, and do not
 intend, to publicly update or revise any forward-looking statements or any
 other information contained in this press release, whether as a result of new
 information, future events or otherwise, except as required by law.

  

  

 End of Inside Information

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 20-Oct-2026 CET/CEST News transmitted by [8]EQS Group

 View original content: [9]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: 2419014


    
   End of Announcement EQS News Service


   2419014  20-Oct-2026 CET/CEST

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