Alzchem Group AG: Three Alzchem climate projects receive public funding of
around EUR 850 thousand

EQS-News: Alzchem Group AG / Key word(s): Sustainability
Alzchem Group AG: Three Alzchem climate projects receive public funding of
around EUR 850 thousand

07.06.2024 / 15:15 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Alzchem Group AG: Three Alzchem climate projects receive public funding of
around EUR 850 thousand

Trostberg, June 7, 2024 - Alzchem has received funding commitments totaling
around EUR 850 thousand, which represent non-repayable investment grants
this year. Alzchem Group AG, a vertically integrated specialty chemicals
supplier with a leading market position in selected niche markets, continues
to consistently implement its ambitious climate roadmap. On the way to
climate neutrality by 2033, the company is implementing various measures to
save energy, recover heat and increase efficiency. Alzchem is also supported
in this by the Federal Office for Economic Affairs and Export Control
("Bundesamt für Wirtschaft und Ausfuhrkontrolle", BAFA). So far this year,
Alzchem has received funding commitments totaling around EUR 850 thousand,
which represent non-repayable investment grants.

Andreas Niedermaier, CEO of Alzchem Group AG: "We are delighted about the
government recognition and support for our efforts to promote climate
protection and reduce our CO2 emissions. We are convinced that specialty
chemicals can make an important contribution to sustainability. To this end,
we will continue to work on innovative solutions that make both economic and
ecological sense. The current status of our climate roadmap was presented in
detail at the Annual General Meeting on May 7, 2024, and can also be viewed
on our website." Alzchem Group AG had already presented its climate roadmap
extensively to its shareholders at the Annual General Meeting 2023 and was
the first German listed company to obtain a "Say on Climate" resolution from
its shareholders.

The complete climate roadmap is available for download on the website
www.alzchem.com in the Sustainability section.


About Alzchem
Alzchem is a globally active specialty chemicals company that is one of the
market leaders in most of its fields of activity. Alzchem benefits from the
three very different global developments climate change, population growth
and longer life expectancy in a unique way. Alzchem products can offer
attractive solutions for achieving the resulting social goals in a multitude
of different applications.

The company sees interesting growth prospects for itself in the areas of
human and animal nutrition and agriculture in particular. As a result of
population growth, it is necessary to achieve efficient food production.
Pharmaceutical raw materials and creatine products can contribute to a
healthy old age as life expectancy increases. Alzchem is facing up to the
goal of sustainability arising from climate change in the field of renewable
energies and across the entire company. The fields of fine chemicals and
metallurgy offer just as great a perspective.

Alzchem Group AG's broad product range includes dietary supplements,
precursors for PCR tests and pharmaceutical raw materials. These offerings
are the company's response to global trends and developments. Alzchem is
ideally positioned in this respect and considers itself well prepared for an
environmental future and global developments.

The company employs around 1,690 people at four production sites in Germany
and a plant in Sweden, as well as three sales companies in the USA, China
and England. Alzchem generated Group sales of EUR 540.6 million and EBITDA
of EUR 81.4 million in 2023.


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07.06.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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The issuer is solely responsible for the content of this announcement.

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   Language:       English
   Company:        Alzchem Group AG
                   Dr.-Albert-Frank-Str. 32
                   83308 Trostberg
                   Germany
   Phone:          +498621862888
   Fax:            +49862186502888
   E-mail:         ir@alzchem.com
   Internet:       www.alzchem.com
   ISIN:           DE000A2YNT30
   WKN:            A2YNT3
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Stuttgart
   EQS News ID:    1920871

End of News EQS News Service
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1920871 07.06.2024 CET/CEST