About the sustainability statement

This non-financial statement is the combined, consolidated, non-financial statement for the Lenzing Group¹ (in accordance with Section 267a of the Austrian Business Code (UGB)) and for Lenzing Aktiengesellschaft (in accordance with Section 243b UGB) as part of the management report.

[BP-1 5a, 5b]

The non-financial statement was prepared in accordance with the European Sustainability Reporting Standards (ESRS) in preparation for the reporting obligation under the CSRD and in line with the requirements of the Austrian Sustainability and Diversity Improvement Act (NaDiVeG²). In terms of indicators for which meaningful figures can be provided, separate data for Lenzing Aktiengesellschaft can be found in the “Annex” (in accordance with the legal requirements stipulated by the NaDiVeG and the AFRAC recommendation.)

This report covers all the fully consolidated legal entities of the Lenzing Group. Detailed information can be found in the Lenzing Group’s Annual Report (note 3 and note 41). In addition to the fully consolidated legal entities of the Lenzing Group, the joint venture RVL Reststoffverwertung Lenzing GmbH, Lenzing (Austria) is also included in the non-financial statement as Lenzing has operational control. Associates have been assessed and where relevant (and material) have been included in the corporate carbon footprint. In accordance with the legal requirements, the reporting cycle for Lenzing’s sustainability performance is annual.

Lenzing includes further information on the basis of the Taxonomy Regulation (EU) 2020/852 and the simplification of reporting in accordance with the Taxonomy Regulation (EU) 2026/73.

[BP-2 15]

To satisfy the decision-making needs of some of Lenzing’s stakeholders, a decision was made to include certain non-material ESRS datapoints in the “annex” of this report.

[BP-1 5d]

For confidentiality reasons, Lenzing has omitted information regarding: numbers for specific loads as this requires total fiber and pulp production volumes for Lenzing production sites (ESRS E2-3 23a).

Value chain

[BP-1 5c]

For information on Lenzing’s upstream and downstream value chain, please see the “Value creation at the Lenzing Group” section in this chapter. The transitional provision in ESRS 1 Chapter 10 (ESRS 1 132) was used for some of the required information on the value chain. Lenzing will make further efforts to this end. For the “S2 Workers in the value chain” chapter in particular, Lenzing does not yet have full insight into its value chain, which will have to be improved in the future. For more information, please see the action “Upstream and downstream value chain – hotspot analysis” in the “Actions” section in the “S2 Workers in the value chain” chapter.

[BP-2 10, 11]

The EU Taxonomy metrics are subject to assessment and estimates. For further information on the EU Taxonomy, please see the ”EU Taxonomy Disclosures pursuant to Article 8 of Regulation (EU) 2020/852” chapter. The GHG emissions metric includes value chain data with estimated values. Information about the assumptions and level of accuracy is provided in the “Accounting principles” section (E1-6) in the “E1 Climate change” chapter.

Reporting errors in prior periods

[BP-2 14, ESRS 1 84]

Errors occurred in the calculation of S1-16 remuneration metrics. When calculating the gender pay gap, the difference of average pay levels between female and male employees, was mistakenly expressed as the percentage of the average pay level of female employees instead of male employees. The difference between correct and incorrect number of 2024 is +1.4. When calculating the annual total remuneration ratio, the number of employees taken into account was incorrect. The difference between the correct and incorrect figure for 2024 is +10.87. These metrics were corrected for both the current and the prior period.

An error occurred when displaying the units for specific emissions in the “E1 Climate change” chapter. For specific GHG emissions (E1-4 34a), energy intensity (E1-5 40) and GHG emissions intensity (E1-6 53), the erroneous units presented were mn t CO₂ eq./t, mn MWh/EUR and mn t CO₂ eq./EUR – instead of CO₂ eq./t., MWh/EUR and t CO₂ eq./EUR. Therefore, the difference between the correct and incorrect figures for 2024 is a factor of 1 million.

The CapEx disclosed for the gas pipeline and gas boiler project in Nanjing (China) in the “E1 Climate change” chapter was incorrectly stated as EUR 20 mn. The correct CapEx amounts to EUR 30 mn (difference between correct and incorrect figure: 10 million).

When calculating the input for substances of concern in hazard class “Skin sensitisation category 1”, an error occured (E2-5 34). For one site, the values given were included as tons instead of kilograms. The difference between the correct and incorrect input number of 2024 for this hazard class, as well as the total quantity of substances of concern, is −53,406.54.

Incorporation by reference

[BP-2 16]

The following table shows which disclosure requirements of the non-financial statement are incorporated by reference.

1“The Group” (for better readability occasionally referred to as “Lenzing”) comprises Lenzing Aktiengesellschaft and its subsidiaries.

2Nachhaltigkeits- und Diversitätsverbesserungsgesetz (Section 243b, Section 267a UGB)