LANXNESS, a leading specialty chemicals company appoints Dr. Matthias L. Wolfgruber as the new Chairman of the Supervisory Board. Wolfgruber has been in the Supervisory Board since 2015 and the recent Annual Stockholder’s Meeting elected him as the successor to Dr. Rolf Stomberg, who is now appointed as the Honorary Chairman of the Supervisory Board.

On his new role, Wolfgruber, says, “LANXESS has undergone extensive change in recent years, and is on a stable course for growth. We aim to bring the full potential of this Group to fruition in the years ahead. In my new role, I am looking forward to continuing down our

chosen path and breaking new ground in conjunction with the Board of Management and all employees”. He added, “Rolf Stomberg helped to write LANXESS’s story chapter by chapter, and it bears his own inimitable signature. We would like to thank Dr. Stomberg for his outstanding service to the company by making him Honorary Chairman of the Supervisory Board”.

Stockholders at the Annual Stockholder meeting decided to include Pamela Knapp as the new member to the Supervisory Board. Being an economics graduate who was working as the CFO for the market research company GFK SE in Germany, Pamela boasts boasts of a rich experience at handling various managerial roles in several top companies.

Founded in 2004, LANXESS is a biotechnology firm that distributes chemical products to its clients. With an employee count of over 19,000 in 25 countries, company represented at 74 production sites worldwide. It provides advanced intermediates, performance chemicals, performance materials, and ARLANXEO and REACH, which delivers chemical substance handling solutions by offering registration, evaluation and much more. It is also a leading supplier of synthetic rubber and it is also listed in the leading sustainability indices DJSI and FTSE4Good.