Managing Board

At the end of the financial year 2024 the Managing Board consisted of four members: Rohit Aggarwal, Nico Reiner, Christian Skilich and Walter Bickel. During the financial year 2024 the following changes took place within the Managing Board: Stephan Sielaff withdraw from his position by mutual agreement while Walter Bickel and Rohit Aggarwal joined the Managing Board. The division of responsibilities among the members of Lenzing’s Managing Board during the 2024 financial year was as follows:

Rohit Aggarwal (m)¹: (1967):

• Chairman of the Managing Board, Chief Executive Officer (since September 1, 2024)
• First appointed: September 1, 2024
• Current term of office ends: August 31, 2027

Responsibilities: Commercial Fibers, Operations Fibers, Supply Chain, Corporate Communications & Investor Relations, Sustainability, Corporate Human Resources, Strategy and M&A

Supervisory board functions at other companies: None

Management and monitoring functions at major subsidiaries: None

Nico Josef Alois Maria Reiner (m)¹: (1969):

• Member of the Managing Board, Chief Financial Officer
• First appointed: January 1, 2023
• Current term of office ends: December 31, 2025

Responsibilities: Corporate Controlling, Corporate Accounting, Corporate Tax, Corporate Treasury, Global Legal, IP & Compliance, Global IT / Digital Innovation, Corporate Audit & Risk

Supervisory board functions at other companies: None

Management and monitoring functions at major subsidiaries: None

Christian Skilich (m)¹: (1968):

• Member of the Managing Board, Chief Pulp & Technology Officer
• First appointed: June 1, 2020
• Current term of office ends: May 31, 2026

Responsibilities: Commercial Pulp, Co-Products & Wood, Operations Pulp, Site Lenzing, Global Health, Safety & Environment, Global Purchasing, Global Innovation

Supervisory board functions at other companies: Labewood s.r.o. (since January 1, 2021), Stölzle Oberglas GmbH (since November 18, 2021)

Management and monitoring functions at major subsidiaries: LD Celulose S.A.

Walter Bickel (m)¹: (1959):

• Member of the Managing Board, Chief Transformation Officer (since April 15, 2024)
• First appointed: April 15, 2024
• Current term of office ends: December 31, 2025

Responsibilities: Operations Service Group, Lenzing Business Service, Value Creation Program

Supervisory board functions at other companies: None

Management and monitoring functions at major subsidiaries: None

Stephan Helmut Sielaff (m)¹: (1966):

• Chairman of the Managing Board, Chief Executive Officer (until August 31, 2024)
• First appointed: March 1, 2020

Responsibilities (until August 31, 2024): Commercial Fibers, Operations Fibers, Strategy and M&A, Corporate Human Resources, Corporate Communications, Investor Relations, Global Supply Chain, Global Purchasing

Supervisory board functions at other companies: None

Management and monitoring functions at major subsidiaries: None

Mr. Stephan Sielaff stepped down from the Managing Board with effect as of August 31, 2024.

The Managing Board directs the business operations of Lenzing AG in accordance with the applicable legal regulations, the articles of association, and the internal rules of procedure for the Managing Board. Business is allocated among the individual members of the Managing Board in accordance with a business distribution plan which is appended to the rules of procedure. The rules of procedure also regulate collaboration within the Managing Board. Furthermore, the Managing Board is required to comply in full with the L-rules of the Austrian Code of Corporate Governance.

1 The members of the Managing Board do not belong to minorities; (m) stands for the gender “male”