The Supervisory Board and Ralf Polito agreed today to extend his mandate as Chief Operating Officer until December 31, 2025. The Management Board of Wolford AG will continue to consist of the members Ralf Polito and Domenico Giordano and the current Global CFO, Andrea Rossi, supports as the Interim General Manager.

Revenues declined by 30%, dropping from €126M in 2023 to €88M in 2024. The year was marked by challenges and transitions, including macroeconomic uncertainties and logistical disruptions. EMEA (-35% vs last year) is the most affected region, followed by Greater China (-27%) and North America (-17%). Wholesale channel experienced the greatest impact (-44%), primarily due

Regis Rimbert is resigning from the Management Board of Wolford AG effective as of 17 January 2025. The Supervisory Board of Wolford AG has accepted Mr. Rimbert's request for resignation submitted today. The Management Board of Wolford AG will continue to consist of the Management Board members Ralf Polito and Domenico Giordano and the current

Wolford AG hereby announces that the Financial report (half-year) is immediately available under the following internet address: Report Type: Financial report (half-year) according to § 125 BörseG Language: German Address: https://company.wolford.com/de/investor-relations-2/reporting/ Language: English Address: https://company.wolford.com/investor-relations/reporting/

Wolford hereby publishes the Group Sales for the reporting period from January to June 2024. The global sales decreased by 15.7 mEUR compared to last year to 43.1 mEUR (2023: 58,8 mEUR). Wolford experienced this decrease in Q2 due to the transition to a new logistics provider which led to unexpected delivery problems caused by

Wolford AG hereby announces that the Financial reportis immediately available under the following internet address: Report Type: Financial report according to § 125 BörseG Language: German Address: https://company.wolford.com/de/investor-relations-2/reporting/ Language: English Address: https://company.wolford.com/investor-relations/reporting/

The current Global Director HR of Wolford AG, Domenico Giordano, was appointed by the Supervisory Board of Wolford AG at its meeting today as a member of the Management Board for one year with effect from August 1, 2024. Domenico Giordano has more than 20 years of international experience in the luxury and fashion industry.

Wolford AG announces that the preliminary financial statements, now show a negative EBITDA of (-) 0.024 mEUR. EBIT is expected to total (-)17,7 mEUR, which represents a significant improvement compared to 2022 financial year. In particular due to macroeconomic developments, EBIT is expected to be negative in the 2024 financial year. The 2023 annual financial

The Chairwoman of the Management Board Silvia Azzali and the Supervisory Board of Wolford AG have agreed on a mutually agreed termination of her Management Board mandate as of June 14, 2024. The Supervisory Board would like to thank Ms. Azzali for her commitment to the company. Ms. Azzali has been a member of the

The Annual General Meeting of Wolford AG scheduled for June 14, 2024 will be postponed. A new date will be announced as soon as possible. An Extraordinary General Meeting for the election of Supervisory Board members will be held on June 14, 2024.