Apparel Market Recovery and Financial Overview

Lenzing speeds up energy transition at its site in Heiligenkreuz, supporting its overall sustainability strategy Heiligenkreuz (Austria) ⚫ Lenzing acquires biomass plant for energy supply of lyocell production site Heiligenkreuz in April 2023 • Dependence of fossil energy expected to significantly decrease About 50% of gas currently used planned to be replaced by renewable energy Backward integration into energy planned to lead to cost savings and strengthening of the eco-responsible specialty fiber portfolio Closing of the transaction expected within Q2 2023 Tencel™ Feels so right Veocel™ Purely for you www.lenzing.com Lenzing 3 May 2023 - 6 Innovative by nature

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