Delignit and Amorim Cork Composites launch FiberCork to boost the
sustainability of electric batteries

EQS-Media / 29.05.2024 / 11:45 CET/CEST

Blomberg, Germany / Porto, Portugal, 29th of May 2024.

Delignit AG (ISIN DE000A0MZ4B0), a leading manufacturer of ecological
wood-based products, and Amorim Cork Composites, a business unit of
Corticeira Amorim, world leader in the cork industry, have come together to
develop an innovative range of sustainable solutions for EV batteries:
FiberCork.

With the increase in demand for electric vehicles and the pressure to reduce
their environmental impact, manufacturers are seeking more sustainable
materials that maintain performance and safety in battery systems.
FiberCork, ensures that the product not only performs exceptionally but also
actively contributes to carbon reduction.

FiberCork is a range of solutions designed for the thermal insulation of
high voltage batteries in electric vehicles and offers applications such as
thermal pads, bulkhead partition walls, and module covers, ensuring
excellent insulation performance. It combines Amorim Cork Composites
capacity in the innovation and development of cork composites solutions with
Delignit's expertise in transforming beech wood for the automotive industry.
This partnership reinforces the mission of both companies to contribute to
more environmentally friendly electric mobility.

Cork's properties - such as low density, thermal insulation and
compressibility - are combined with beech-wood's resistance to particle
bombardment, creating a set of sustainable and unique solutions that stand
out from conventional materials and respect the strict requirements of this
industry.

'The electric mobility sector has undergone major transformations over the
last few years, which has resulted in great opportunities in terms of
innovation', says João Pedro Azevedo, CEO of Amorim Cork Composites. 'Our
company already has a strong track record in providing high performance cork
solutions for demanding industries such as aerospace or automotive. That is
why we are confident in the added value that the FiberCork range can bring
to the e-mobility market in terms of performance and sustainability.'

'The unique material properties of our Delignit material have been
impressing customers in technologically demanding applications for decades.
The Delignit/Cork combination has the potential to become a gamechanger on
the path of decarbonization in EV, bringing renewable raw materials into a
new, highly engineered field of application', Markus Büscher says, CEO of
Delignit Group.

About the Delignit Group:

The Delignit Group develops, produces and sells ecological materials and
system solutions made of renewable raw materials under the brand name
Delignit. As a recognised development, project and serial supplier of
leading automotive groups, the Delignit Group is, among other things, world
market leader for supplying the automotive industry with cargo bay
protection and cargo securing systems for light commercial vehicles. With a
variety of applications and a vertical integration that are unique in its
industry, the Delignit Group serves numerous other technology sectors, for
example as a worldwide system supplier of reputable rail vehicle
manufacturers. Delignit solutions have exceptional technical properties and
are also used, among other things, as trunk floors in passenger cars,
interior equipment for motor caravans and special floors for factory and
logistics buildings and to improve building security standards.

Made from European hardwood, the Delignit material is CO2-neutral throughout
its entire life cycle, making it an environmentally friendly alternative to
non-regenerative materials. Its use not only improves the ecological
footprint of customers' products, but also enables them to meet increasingly
stringent environmental sustainability requirements. With the 'Boost Your
Sustainability' initiative, the Delignit Group demonstrates its
long-standing commitment to promoting environmental sustainability and
responsibility. Discover more about this commitment at
www.delignit-sustainability.de/ The company, which is listed in the Scale
segment of the Frankfurt Stock Exchange, has been in existence for over 200
years.

Further information is available online at www.delignit.com.

Contact:
Delignit AG
Königswinkel 2-6
32825 Blomberg
Tel. +49 5235 966-145
Fax +49 5235 966-351
E-mail: ir@delignit.com

About Amorim Cork Composites:

Amorim Cork Composites is one of the business units of Corticeira Amorim -
the world's largest cork processing group. Founded in 1870, Corticeira
Amorim currently has dozens of business units distributed across five
continents. It exports numerous products to more than 100 countries and has
a diversified network of 27,000 customers. With strong sustainability
credentials and a negative carbon footprint, the company provides a set of
solutions, materials and applications to some of the world's most
technological, disruptive and demanding activities, such as the aerospace,
automobile, construction, sports, energy, interior design, wines, sparkling
and spirits industries.

The company is managed by the fourth generation of the Amorim family, and
cultivates the same values of longevity, ambition, pride, attitude and
passion that have always underpinned the past 150 years of its successful
history. The company annually invests millions of euros in R & D + I,
generates 94% of its sales outside Portugal and employs more than 4,400
employees.

Corticeira Amorim's mission is to add value to cork in a competitive,
differentiated and innovative manner, in perfect harmony with Nature.

Further information is available online at www.amorimcorkcomposites.com.

Contact:
Amorim Cork Composites
R. Comendador Américo Ferreira Amorim, 105
4535-186, Mozelos VFR
Portugal
Tel.: +351 22 747 5300
E-mail: anacristina.silva@amorim.com


End of Media Release

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Issuer: Delignit AG
Key word(s): Research/Technology

29.05.2024 CET/CEST Dissemination of a Press Release, transmitted by EQS
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Archive at www.eqs-news.com

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   Language:       English
   Company:        Delignit AG
                   Königswinkel 2-6
                   32825 Blomberg
                   Germany
   Phone:          +49 (0)5235 / 966-0
   Fax:            +49 (0)5235 / 966-105
   E-mail:         info@delignit.de
   Internet:       http://www.delignit.de
   ISIN:           DE000A0MZ4B0
   WKN:            A0MZ4B
   Listed:         Regulated Unofficial Market in Berlin, Dusseldorf,
                   Frankfurt (Scale), Hamburg, Stuttgart, Tradegate
                   Exchange
   EQS News ID:    1913683

End of News EQS Media
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1913683 29.05.2024 CET/CEST