Apparel Market Recovery and Financial Overview

History has shown that textiles market comes back stronger after crises Setbacks of global fiber demand over the last 60 years Global fiber demand, 1960-20221 Million tons 120 100 Covid-19 pandemic Global Financial Crisis 80 60 US Early 80s Recession Early 90s Recession Asian Financial Crisis Oil Crisis 40 Recession 20 0 1960 1965 1970 1975 1980 1985 1990 1995 2000 2005 2010 2015 2020 Back to pre- crisis level: Following year 1) Preliminary numbers for 2022 SOURCE: The Fiber Year; ICAC; Lenzing estimates www.lenzing.com Following year Following year Year after following year Following year Year after following year 3 May 2023 23 Following year Lenzing Innovative by nature

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