Gurit reports successful closing of acquisition of majority share in Fiberline Composites A/S

With the acquisition of Fiberline, a technology-leading manufacturer of pultruded carbon and glass fiber products, Gurit has successfully enhanced and strengthened its product offering for the Wind Energy market.

To introduce the Fiberline business more in detail and provide more background to the strategic rationale of the acquisition, Gurit will hold an Investor & Analyst conference call on May 10 at 09:00 CEST. The conference will be accessible via the following weblink: https://www.gurit.com/… . Financial Analysts and Media Representatives are kindly asked to register by May 9 via e-mail to investor@gurit.com.

Forward-looking statements: To the extent that this announcement contains forward-looking statements, such statements are based on assumptions, planning and forecasts at the time of publication of this announcement. Forward-looking statements always involve uncertainties. Business and economic risks and developments, the conduct of competitors, political decisions and other factors may cause the actual results to be materially different from the assumptions, planning and forecasts at the time of publication of this announcement. Therefore, Gurit Holding AG does not assume any responsibility relating to forward-looking statements contained in this announcement.