POLYTEC HOLDING AG: Changes to the Board of Directors

Hörsching (pta029/15.12.2021/13:35 UTC+1) .
At its meeting today, the POLYTEC Holding AG Supervisory Board prematurely prolonged the appointments of CEO Markus Huemer and Messrs Peter Bernscher (CCO) and Heiko Gabbert (COO), which were due to expire on 31 December 2022, by a further five years with effect from 1 January 2022. The extended appointments and the Board of Directors contracts now expire on 31 December 2026.

By mutual agreement, the appointment of Peter Haidenek, the POLYTEC Group's CFO since 2011, which was also due to expire on 31 December 2022, was not extended. After long and successful teamwork, Mr Haidenek is looking forward to fresh assignments.

As part of the further centralisation of the POLYTEC organisation, all finance agendas have been merged and are now pooled across the group in the function of a Vice-President Finance. The position of CFO will not be filled and Markus Huemer (CEO) will assume the related responsibilities with effect from 1 April 2022.

(end)

Emitter:	POLYTEC HOLDING AG Polytec-Straße 1 4063 Hörsching Austria
Contact Person:	Mag. Paul Rettenbacher
Phone:	+43 7221 701 292
E-Mail:	paul.rettenbacher@polytec-group.com
Website:	www.polytec-group.com
ISIN(s):	AT0000A00XX9 (Share)
Stock Exchange(s):	Vienna Stock Exchange (Official Trade)