EANS-News

Lenzing AG / Lenzing's Annual General Meeting Resolves to Increase Dividend to EUR 4.20 Per Share

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Annual & Special Corporate Meetings

Lenzing - This year's Annual General Meeting of Lenzing AG resolved
today, Tuesday, April 25, 2017, to distribute a dividend of EUR 3.00
per share as well as a special dividend totaling EUR 1.20 per share.
On balance, the dividend will amount to EUR 4.20 per no-par value
share for the 2016 financial year (compared to EUR 2.00 per share in
the previous year). The dividend payment is scheduled to take place
on May 2, 2017, whereas ex-dividend day is on April 27, 2017.

Furthermore, Annual General Meeting extended the Supervisory Board
mandates of both Hanno M. Bästlein and Felix Strohbichler for a
further term of office ending at the Annual General Meeting resolving
upon the 2020 financial year.

Accordingly, the Supervisory Board consists of the shareholder
representatives Hanno M. Bästlein (Chairman), Veit Sorger, Felix
Strohbichler, Helmut Bernkopf, Franz Gasselsberger, Josef Krenner,
Patrick Prügger and Astrid Skala-Kuhmann. In turn, Helmut Kirchmair,
Georg Liftinger, Daniela Födinger and Johann Schernberger were
appointed to serve on the Supervisory Board by the Works Council.

The Annual General Meeting also adopted a resolution discharging the
members of the Management Board and the Supervisory Board for the
2016 financial year, and also resolved upon the remuneration to be
paid to the Supervisory Board members for the 2016 financial year.
KPMG Austria GmbH Wirtschaftsprüfungs- u. Steuerberatungsgesellschaft
was appointed to serve as the auditor of the annual and consolidated
financial statements for the 2017 financial year.

The subsequent constituent meeting of the Supervisory Board
re-elected Hanno M. Bästlein as Chairman of the Supervisory Board,
whereas Veit Sorger and Felix Strohbichler were once again elected to
the position of Deputy Chairman.

Further inquiry note:
Lenzing AG
Mag. Waltraud Kaserer
Vice President Corporate Communications & Investor Relations
Tel.: [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: official market: Wien
language: English