EANS-News: Changes in the ANDRITZ AG Executive Board

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Company Information

Graz - September 3, 2019. Mark von Laer, who has been Chief Financial Officer of
ANDRITZ AG since March 1, 2017, will leave ANDRITZ AG at the end of 2019. The
Supervisory Board has appointed Norbert Nettesheim as his successor, effective
as of December 1, 2019.

Norbert Nettesheim was born in 1962 and has a degree in business administration
from the University of Cologne. He has extensive experience in project business
and spent by far the greater part of his career in managerial positions with
increasing responsibility at the Voith Group, including the position of
commercial director in various group companies and most recently as head of
Group Controlling, Accounting and Investments at Voith GmbH & Co. KGaA.

The positions of the other Executive Board members of ANDRITZ AG remain
unchanged.

- End -

ANDRITZ GROUP
ANDRITZ is an international technology group providing plants, systems,
equipment, and services for various industries. The company is one of the
technology and global market leaders in the hydropower business, the pulp and
paper industry, the metal working and steel industries, and in solid/liquid
separation in the municipal and industrial segments. Other important fields of
business are animal feed and biomass pelleting, as well as automation, where
ANDRITZ offers a wide range of innovative products and services in the IIoT
(Industrial Internet of Things) sector under the brand name of Metris. In
addition, the company is active in power generation (steam boiler plants,
biomass power plants, recovery boilers, and gasification plants) and
environmental technology (flue gas and exhaust gas cleaning plants) and offers
equipment for the production of nonwovens, dissolving pulp, and panelboard, as
well as recycling plants.

ANDRITZ stands for passion, partnership, perspectives and versatility - core
values to which the company is committed. The listed Group is headquartered in
Graz, Austria. With almost 170 years of experience, approximately 29,600
employees, and more than 280 locations in over 40 countries worldwide, ANDRITZ
is a reliable and competent partner and helps its customers to achieve their
corporate and sustainability goals.

Further inquiry note:
Dr. Michael Buchbauer
Head of Investor Relations
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465
mailto:michael.buchbauer@andritz.com

end of announcement euro adhoc
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issuer: Andritz AG
Stattegger Straße 18
A-8045 Graz
phone: +43 (0)316 6902-0
FAX: +43 (0)316 6902-415
mail: welcome@andritz.com
WWW: www.andritz.com
ISIN: AT0000730007
indexes: WBI, ATX
stockmarkets: Wien
language: English

Original-Content von: Andritz AG, übermittelt durch news aktuell