EANS-News: Lenzing / Lenzing’s Annual General Meeting Resolves to Increase Special Dividend to EUR 2.00 Per Share

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Dividend Announcements/Distribution/Annual & Special Corporate Meetings/Company
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Lenzing - This year's Annual General Meeting of Lenzing AG resolved today,
Thursday, April 12, 2018, to distribute a dividend of EUR 3.00 per share as well
as a special dividend totaling EUR 2.00 per share. On balance, the dividend will
amount to EUR 5.00 per no-par value share for the 2017 financial year (compared
to EUR 4.20 per share in the previous year). The dividend payment is scheduled
to take place on April 18, 2018, whereas ex-dividend day is on April 16, 2018.

The Annual General Meeting also adopted a resolution discharging the members of
the Management Board and the Supervisory Board for the 2017 financial year, and
also resolved upon the remuneration to be paid to the Supervisory Board members
for the 2017 financial year. KPMG Austria GmbH Wirtschaftsprüfungs- u.
Steuerberatungsgesellschaft was appointed to serve as the auditor of the annual
and consolidated financial statements for the 2018 financial year.

Effective at the end of this Annual General Meeting, Felix Strohbichler and
Josef Krenner have retired from the Supervisory Board at their own request.
Felix Strohbichler and Josef Krenner served on the Supervisory Board and various
committees of Lenzing AG for a total of three and nine years respectively.
Lenzing AG would like to sincerely thank all the retiring Supervisory Board
members for their longstanding constructive cooperation with the company.

Christoph Kollatz, Managing Director of B&C Industrieholding, Felix Fremerey,
Executive Officer CTO of B&C Industrieholding, and the experienced industry
expert Peter Edelmann, also of B&C Industrieholding, were elected to the
Supervisory Board for the first time by the Annual General Meeting. The
Supervisory Board mandate of Veit Sorger was extended for a further term of
office ending at the Annual General Meeting resolving upon the 2020 financial
year, and the Supervisory Board mandate of Astrid Skala-Kuhmann was also
extended until the Annual General Meeting resolving upon the 2021 financial
year.

Accordingly, the Supervisory Board of Lenzing AG now consists of the following
shareholder representatives: Hanno Bästlein (Chairman), Astrid Skala-Kuhmann,
Helmut Bernkopf, Peter Edelmann, Felix Fremerey, Franz Gasselsberger, Christoph
Kollatz, Patrick Prügger and Veit Sorger. In turn, Johann Schernberger, Daniela
Födinger, Helmut Kirchmair and Georg Liftinger were appointed to serve on the
Supervisory Board by the Works Council.

The subsequent constituent meeting of the Supervisory Board elected Hanno
Bästlein to serve as Chairman of the Supervisory Board, whereas Christoph
Kollatz and Veit Sorger were each elected to the position of Deputy Chairman.

Further inquiry note:
Lenzing AG
Mag. Waltraud Kaserer
Vice President Corporate Communications & Investor Relations
Tel.: +43 (0) 7672 701-2713
mailto:w.kaserer@lenzing.com

end of announcement euro adhoc
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issuer: Lenzing AG

A-A-4860 Lenzing
phone: +43 7672-701-0
FAX: +43 7672-96301
mail: office@lenzing.com
WWW: http://www.lenzing.com
ISIN: AT0000644505
indexes: ATX, WBI
stockmarkets: Wien
language: English

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