External evaluation

In accordance with C-Rule 62 of the ACCG, Lenzing must arrange for an external institution to evaluate its compliance with the code’s C-Rules on a regular basis, albeit at least every three years. Lenzing commissioned PWC Wirtschaftsprüfungs- und Steuerberatungsgesellschaft to evaluate its Group Corporate Governance Report for 2024.

Based on PWC’s audit procedures and the evidence provided, no matters have come to the auditor’s attention that would lead to presume that

• the C-Rules of the Austrian Code of Corporate Governance were not complied with in the 2024 financial year or the corporate governance report does not contain an explanation of the points and reasons for deviation (Section 243c (1) no. 3 UGB), and
• the consolidated Corporate Governance Report 2024 does not comply in material respects with the legal requirements with the statutory provisions (Section 243c UGB and Section 267b UGB).

All external evaluation reports are published on the company’s website at https://www.lenzing.com.