Wolford AG herewith announces the results of the rights offering, which took place between 23.1.2023 and 6.2.2023, and informs the market that 2,934,515 new shares were subscribed for in the rights offering by exercise of subscription rights. No purchase offers for new shares were submitted in a rump placement. Today, the management board, with the

Today, the management board of Wolford AG set the subscription period from 23.1.2023 until and including 6.2.2023 as well as the value date of 11 July 2018 for the ordinary capital increase of up to EUR 16,125,960.00 from EUR 32,251,924.80 to up to EUR 48,377,884.80 by issuing up to 3,359,575 new shares, as resolved by

The Supervisory Board and Paul Kotrba today agreed to extend the mandate as Chief Operating Officer until June 30, 2023. From July 1, 2023, Ralf Polito will lead the company as Chief Operating Officer together with Chief Commercial Officer Silvia Azzali.

The Extraordinary General Meeting of Wolford AG (ISIN AT0000834007) reduced the company's share capital of EUR 48,848,227 million to EUR 32,251,924 million by way of a simplified capital reduction and resolved to increase the share capital up to EUR 48,377,884.80 by issuing up to 3,359,575 new no-par value shares while safeguarding subscription rights. The issue

Ralf Polito (47) was appointed by the Supervisory Board as a member of the Executive Board for 2 years as of 1 July 2023. As COO he will head the Supply Chain and Production, Legal, Investor Relations, IT as well as PMO divisions. He will lead the company together with Silvia Azzali (CCO).

The Executive Board of Wolford AG has decided today to start the process for a capital increase. The capital increase is intended to provide the company with additional equity. The capital increase is expected to be completed by the first quarter of 2023 at the latest.

In July and August 2022 a number of supervisory and management board changes were made. The team today remains focused on driving top line growth and strengthening operational controls across the business. With sales of € 54.3 million for the reporting period January to June 2022, Wolford records a significant improvement of 29.4% compared to

The Supervisory Board today appointed Mr. Paul Kotrba (49) as a new member of the Executive Board for a period of 6 months (interim) from August 1, 2022. During this period, the Supervisory Board will conduct the appointment process for a new Executive Board member. As COO, Paul Kotrba will be in charge of Supply

Bregenz, 13 July 2022 - The member of the management board Andrew Thorndike and the supervisory board today mutually agreed to terminate Andrew Thorndike's board mandate effective 31 July 2022. The supervisory board expressively thanks Andrew Thorndike for his commitment to the company. Andrew Thorndike has been Chief Operating Officer (COO) of Wolford AG since

EBITDA € 8,535 EBITDA margin 7.8% EBIT € -5,263 EBIT margin -4.8% Earnings after taxes € -12,332 With sales of € 108.9 million for the reporting period January to December 2021, Wolford AG beat the previous year (January to December 2020) by approximately € 13.2 million (approx. 14%). EBITDA (operating result before depreciation and amortization