EANS-News

Lenzing AG / Lenzing Ordinary Shareholders' Meeting Resolves to Distribute a Dividend of EUR 1.75 per Share

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Annual & Special Corporate Meetings

Lenzing (euro adhoc) - This year's Ordinary Shareholders' Meeting of
Lenzing AG (April 28, 2014) resolved to distribute a dividend of EUR
1.75 per share for the 2013 financial year (compared to EUR 2.00 per
share for the previous year). The dividend payment has been scheduled
for May 5, 2014, with April 30, 2014 set as the ex- dividend day.

Furthermore, Hanno Bästlein was elected to the Supervisory Board at
the Ordinary Shareholders' Meeting for the first time. The
Supervisory Board mandate of Andreas Schmidradner was extended.
Martin Payer resigned from his position on the Supervisory Board at
his own request.

Accordingly, the Supervisory Board of Lenzing AG now consists of
Michael Junghans, Hanno Bästlein, Helmut Bernkopf, Franz
Gasselsberger, Josef Krenner, Martin Prügger, Andreas Schmidradner,
Astrid Skala-Kuhmann and Veit Sorger.

Today's Ordinary Shareholders' Meeting also adopted a resolution
discharging the members of the Management Board and Supervisory Board
for the 2013 financial year. Moreover, the Ordinary Shareholders'
Meeting resolved upon the remuneration for the Supervisory Board
members for the 2013 financial year. Deloitte Audit
Wirtschaftspru?fungsgesellschaft mbH, Vienna, was appointed as the
auditor of the annual and the consolidated financial statements for
the 2014 financial year.

In addition the Management Board was authorized, contingent upon the
formal approval of the Supervisory Board, to purchase own shares
amounting to up to 10% of the company's share capital. Furthermore,
the Ordinary Shareholders' Meeting also resolved that the Supervisory
Board will be allowed to elect several deputy chairpersons in the
future instead of only one as in the past.

The subsequent constituent meeting of the new Supervisory Board
re-elected Michael Junghans as Chairman of the Supervisory Board and
elected Hanno Bästlein and Veit Sorger to serve as the Deputy
Chairmen.

Further inquiry note:
Lenzing AG

Mag. Angelika Guldt

Tel.: [phone]

Fax: [phone]

mailto:[e-mail]

end of announcement euro adhoc
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company: Lenzing AG

A-A-4860 Lenzing
phone: [phone]
FAX: [phone]
mail: [e-mail]
WWW: http://www.lenzing.com
sector: Chemicals
ISIN: AT0000644505
indexes: WBI, ATX, Prime Market
stockmarkets: free trade: Berlin, official market: Wien
language: English