Self-evaluation by the Supervisory Board

The Supervisory board conducted its last self-evaluation in accordance with C Rule 36 of the Austrian Code of Corporate Governance in the 2023 financial year. The self-evaluation included a questionnaire, personal interviews, and a workshop with external moderation. More details can be found in the Corporate Governance Report for the 2023 financial year. Due to the recent changes in the Supervisory board composition, following the acquisition of a minority stake in Lenzing by Suzano, the Supervisory board decided to conduct the next comprehensive evaluation in accordance with C Rule 36 of the Austrian Code of Corporate Governance during the 2025 financial year. In addition, the Supervisory Board ensures constant feedback loops between its members and together with the Managing board, to consistently enhance the effectiveness and efficiency of all governance processes.