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24.03.2020 – 16:03


Management board mandate of CEO Robert Machtlinger extended

  Corporate news transmitted by euro adhoc with the aim of a Europe-wide
  distribution. The issuer is responsible for the content of this announcement.

Ried i. Innkreis - The supervisory board of FACC AG Holding today decided to
extend the mandate of CEO Robert Machtlinger until June 30, 2025. "I am very
pleased that Mr. Robert Machtlinger has been available for another board period
after the successful realignment of the FACC in the past 3 years and thank him
expressly for his work so far. Under his leadership, after the events of 2016,
not only was the work-up consistently advanced, but the transformation of the
group was also started and successfully pursued. The extension of the CEO
mandate ensures that the path we have chosen will be continued consistently and
that the strategic goals of the Group in terms of growth and increasing
profitability will be seamlessly continued, "said Pang Zhen, Chairman of the
Supervisory Board of FACC AG.

Further inquiry note:
Investor Relations:
Manuel Taverne
Director Investor Relations
Mobil: 0664/801192819

end of announcement                         euro adhoc
issuer:       FACC AG
              Fischerstraße 9
              A-4910 Ried im Innkreis
phone:        +43/59/616-0
FAX:          +43/59/616-81000
ISIN:         AT00000FACC2
stockmarkets: Wien
language:     English 

Original content of: FACC AG, transmitted by news aktuell