• Sven Abend has decided to resign from Lonza to take a CEO position in Germany.

• Recruitment plans are under way to appoint a permanent replacement.

• LSI is performing well and the segment carve-out process is nearing completion.

Basel, Switzerland, 30 June 2020 - Sven Abend has decided to resign from his position as a member of the Executive Committee of Lonza Group. He will relocate to Germany, where he has accepted the role of CEO.

Sven joined Lonza Group in 2014 as Chief Strategy Officer. He has held the position of Chief Operating Officer and Head of Lonza Specialty Ingredients (LSI) since 2016. He will complete a full handover of his key responsibilities before his departure.

Albert M. Baehny commented, 'We thank Sven for his contribution to Lonza Specialty Ingredients (LSI). In recent years, he has redesigned the segment to bring greater clarity to our offer while enhancing operational efficiency. He has also overseen the execution of the carve-out of LSI from the Lonza Group business.'

'In recent months, the LSI segment has played a critical role in controlling the spread of COVID-19 (coronavirus), by meeting an increased level of interest and demand for microbial control and disinfection solutions. In this context, the segment is performing well and we are drawing close to the completion of the segment carve-out process.'

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Lonza Group Ltd. published this content on 30 June 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 June 2020 05:08:08 UTC