Lenzing Investor Presentation 2022 Full-year Results

Higher cost could be mainly passed on in H1, however, H2 2022 suffered from lower demand and prices came under pressure Group revenue in EUR mn Quarterly development 606 615 679 677 596 Q4/2021 Q1/2022 Q2/2022 Q3/2022 Q4/2022 Annual development 2,176 2,105 2,195 1,633 EBITDA in EUR mn Quarterly development 101 88 65 74 (14%) (15%) (11%) (11%) -21 (-4%) Q4/2021 Q1/2022 Q2/2022 Q3/2022 Q4/2022 Revenue split 2022 +17% Annual development -33% 2,566 18% O 82% 383 (18%) 330 363 (17%) (16%) 192 (12%) 242 (9%) Fiber 2018 2019 2020 2021 Pulp 2022 2018 2019 2020 2021 2022 1) 2018-2020 restated figures www.lenzing.com 09/03/23 13 Lenzing Innovative by nature

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