Lenzing again honoured with the Vienna Stock Exchange Sustainability Award

EQS-News: Lenzing AG / Key word(s): Sustainability
Lenzing again honoured with the Vienna Stock Exchange Sustainability Award

05.06.2024 / 09:46 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Lenzing again honoured with the Vienna Stock Exchange Sustainability Award

  * VÖNIX Sustainability Award 2024 of the Vienna Stock Exchange goes to
    Lenzing AG

* Winner in the 'Industrials' category

  * Lenzing continuously drives forward the transformation towards a
    bio-based economy

Lenzing - The Lenzing Group, a leading supplier of regenerated cellulose
fibers for the textile and nonwovens industries, once again received the
most important Austrian sustainability award for top listed companies, the
Vienna Stock Exchange VÖNIX Sustainability Award, yesterday evening. Lenzing
takes the first place in the 'Industrials' category. The prestigious award
honours those companies that stand out on the capital market with their
outstanding sustainability performance. According to the VBV (Austrian
Sustainability Index), which is the sustainability benchmark of the Austrian
stock market, the Lenzing Group achieved the best score in its category.

"I am very pleased to accept the VÖNIX Sustainability Award on behalf of the
Lenzing Group. This award shows once again that Lenzing is working
tirelessly to make the industries in which it operates even more sustainable
and to drive forward the transformation of the textile business model from a
linear to a circular economy model. For this transformation, further efforts
by the entire industry are necessary," says Christian Skilich, member of the
Lenzing Group's Management Board.

Other recognised environmental organisations and rating agencies have also
already testified to Lenzing's efforts in the area of sustainability and the
transformation to a circular economy: For the third year in a row, Lenzing
received a place on the annual 'A list' in all categories of the global
non-profit environmental organisation CDP. This makes Lenzing one of only
ten companies worldwide to receive a triple 'A' - out of over 21,000
companies assessed. Lenzing was also once again awarded platinum status in
the EcoVadis CSR rating. This puts Lenzing in the top one per cent of
companies rated by EcoVadis worldwide. MSCI awarded Lenzing an 'AA' rating
for the third time in a row, placing the company among the top eight per
cent of rated companies in its peer group.

You can find out more about the sustainability targets, progress and other
prestigious awards for the Lenzing Group's sustainable products and services
in the Annual and Sustainability Report 2023 at

https://reports.lenzing.com/annual-and-sustainability-report/2023/.

Photo download:

https://mediadb.lenzing.com/pinaccess/showpin.do?pinCode=dy9nvZrWmlfQ
PIN: dy9nvZrWmlfQ

      Your contact for Public Relations:    Investor Relations: Sébastien
           Dominic Köfner Vice President     Knus Vice President Capital
       Corporate Communications & Public           Markets Lenzing
      Affairs Lenzing Aktiengesellschaft    Aktiengesellschaft Werkstraße
     Werkstraße 2, 4860 Lenzing, Austria       2, 4860 Lenzing, Austria
          Phone +43 7672 701 2743 E-mail    Telefon +43 664 8281576 E-Mail
                (1)media@lenzing.com Web      (1)s.knus@lenzing.com Web
                  (2)www.lenzing.com  1.        (2)www.lenzing.com  1.
             mailto:media@lenzing.com 2.     mailto:s.knus@lenzing.com 2.
                https://www.lenzing.com/       https://www.lenzing.com/

About the Lenzing Group

     The Lenzing Group stands for eco-responsible production of specialty
        fibers based on cellulose and recycled material. As an innovation
              leader, Lenzing is a partner of global textile and nonwoven
        manufacturers and drives many new technological developments. The
      Lenzing Group's high-quality fibers form the basis for a variety of
            textile applications ranging from functional, comfortable and
    fashionable clothing to durable and sustainable home textiles. Due to
   their special properties and their botanical origin, the TÜV certified
    biodegradable and compostable Lenzing fibers are also highly suitable
                                           for everyday hygiene products.

        The business model of the Lenzing Group goes far beyond that of a
    traditional fiber producer. Together with its customers and partners,
     Lenzing develops innovative products along the value chain, creating
   added value for consumers. The Lenzing Group strives for the efficient
     utilization and processing of all raw materials and offers solutions
           to help transform the textile industry from the current linear
       economic system towards a circular economy. In order to reduce the
   speed of global warming and thus also support the targets of the Paris
    Agreement and the EU Commission's "Green Deal", Lenzing has developed
     a clear science-based climate action plan that aims to significantly
    reduce greenhouse gas emissions by 2030 and a net-zero goal (scope 1,
                                                        2 and 3) by 2050.

                                   Key Facts & Figures Lenzing Group 2023
                                                     Revenue: EUR 2.52 bn
                                       Nominal capacity: 1,110,000 tonnes
                                                   Employees (FTE): 7,917

           TENCEL(TM), LENZING(TM) ECOVERO(TM), VEOCEL(TM), LENZING(TM) and REFIBRA(TM) are
                                                trademarks of Lenzing AG.

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05.06.2024 CET/CEST This Corporate News was distributed by EQS Group AG.
www.eqs.com

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   Language:       English
   Company:        Lenzing AG

                   4860 Lenzing
                   Austria
   Phone:          +43 7672-701-0
   Fax:            +43 7672-96301
   E-mail:         office@lenzing.com
   Internet:       www.lenzing.com
   ISIN:           AT0000644505
   Indices:        ATX
   Listed:         Vienna Stock Exchange (Official Market)
   EQS News ID:    1918663

End of News EQS News Service
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1918663 05.06.2024 CET/CEST