Lenzing Investor Presentation 2022 Full-year Results

Lenzing expects EBITDA in 2023 to be in the range of EUR 320 mn - 420 mn Lenzing with focus on clear operational focal points • Demand in Q1 2023 increasing but still on a low level Capacity utilization with positive developments in Q1 2023 but not yet on pre-crisis levels Visibility remains low and cost volatility high; hedging strategy in execution for energy Markets are expected to recover in the course of 2023 with inventory levels in the industry getting back to average levels • Recently completed expansion projects expected to significantly contribute to cash flow generation Key operational focal points: • Implement EUR > 70 mn global cost reduction program • Prepare for market rebound Assuming a further market recovery in the current financial year, the Lenzing Group expects EBITDA in 2023 to be in a range of EUR 320 mn to EUR 420 mn www.lenzing.com 09/03/23 23 Lenzing Innovative by nature

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