In an extraordinary meeting today, the Supervisory Board of Aurubis AG has approved the appointment of Dr. Heiko Arnold as the new Executive Board Member for Operations, effective August 15, 2020.

As the Chief Operations Officer (COO), the 54-year-old internationally experienced industrial manager will be responsible for the Company's production plants, the continual improvement of operational processes, environmental protection and occupational health and safety. Most recently, the native of Munich served as the Chief Technology Officer of the Austria-based Lenzing AG. Immediately after completing a doctorate in chemistry, he began his career at BASF and held leadership positions at that company for many years, including at production sites in Asia.

Former COO Dr. Thomas Bunger will take on the role of Chief Technology Officer (CTO), concentrating on the development of metallurgical processes and on important future metallurgical projects to expand the metal business. He will also be responsible for the research and development department.

Prof. Dr. Fritz Vahrenholt, Chairman of the Aurubis AG Supervisory Board, commented on the appointment of Dr. Heiko Arnold: 'In his 22 years in operations at an international chemical company, Dr. Arnold has successfully implemented major investment projects as well as continuous improvements in production processes on a global scale. This experience provides an outstanding endorsement for his taking responsibility for Aurubis' integrated, international smelter network. On behalf of the entire Supervisory Board, I wish Dr. Arnold success in his new endeavors. Because of the new redistribution of tasks on the Executive Board, Dr. Bunger can use his technological experience to concentrate fully on the development of our innovative multi-metal processes and important future metallurgical projects.'

Aurubis CEO Roland Harings elaborates: 'Based on his extensive experience in the global chemical industry, I expect significant impetus from Dr. Heiko Arnold for the continuous improvement of our plant availability and performance. He is an asset to Aurubis which makes the company ideally equipped for the implementation of our strategic growth targets as well as for the integration of Metallo, and I cordially welcome him to the Executive Board.'

Dr. Heiko Arnold says: 'I am already very much looking forward to working with my colleagues on the Executive Board and the employees. Achieving operational excellence is a task that I will pursue with all my energy and tremendous personal commitment.'

Aurubis - Metals for Progress

Aurubis AG is a leading global provider of non-ferrous metals and the largest copper recycler worldwide. The company processes complex metal concentrates, scrap metals, and metal-bearing recycling materials into metals of the highest quality. Aurubis produces more than 1 million tons of copper cathodes annually, and from them a variety of products such as wire rod, continuous cast shapes, profiles, and flat rolled products made of copper and copper alloys. Aurubis produces a number of other metals as well, including precious metals, selenium, lead, nickel, tin, and zinc. The portfolio also includes additional products such as sulfuric acid and iron silicate.

Sustainability is a fundamental part of the Aurubis strategy. 'Aurubis responsibly transforms raw materials into value' - following this maxim, the company integrates sustainable conduct and business activities into the corporate culture. This involves a careful approach to natural resources, responsible social and ecological conduct in everyday business, and sensible, healthy growth.

Aurubis has about 7,400 employees, production sites in Europe and the US, and an extensive service and distribution system in Europe, Asia, and North America.

Aurubis shares are part of the Prime Standard Segment of the German Stock Exchange and are listed in the MDAX and the Global Challenges Index (GCX).

Contact:

Angela Seidler

Tel: +49 40 7883-3178

Fax: +49 40 7883-3130

Email: a.seidler@aurubis.com

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