ECO

THE DÜRR GROUP MAGAZINE

SUSTAINABLE TRANSFORMATION

Pillars of success

Page 8

Pit stop

Page 16

From the forest to the house

Page 26

Every year, young people start vocational training in the Dürr Group. Whether they complete their training in mechatronics, computer science, or other professions - as experts, they will soon help shape the future of the company.

Editorial

EDITORIAL

"Since change is part of our identity, we believe we are well-equipped for a future that will be shaped by change more than ever before."

Dear Readers,

As a mechanical and plant engineering firm, we have repeatedly reinvented ourselves in the course of our 125-year history. With foresight and a pioneering spirit, we have succeeded in identifying the needs of our customers in order to bring the best solutions to the market at the right time. Securing promising technologies through acquisitions and cooperations and investing in new markets has long been part of the Group strategy. This approach has shaped us and ensured sustainable success.

It is also one of the reasons why today the Dürr Group is among the global leaders in mechanical and plant engineering.

Since change is part of our identity, we believe we are well-equipped for a future that will be shaped by change more than ever before. In the process, aspects of sustainability will become increasingly important for us, our customers and our partners. Our automotive customers are undergoing a process of fundamental change, with electromobility being at its center. We offer the appropriate production technology, from coating technology for battery electrodes to the oven tunnel in thepaint shop. In many manufacturing processes, we have to overcome old patterns of thinking and break new ground. One example is our paint shop of the future.

It deviates from the principle of rigid line production. With modular painting boxes, car manufacturers are not only able to produce more flexibly, but also more efficiently and in a more environmentally friendly manner.

Things are changing in the construction industry as well. That sector is relying more and more on sustainable materials such as wood. Prefabricated components for timber houses can be produced quickly and easily - using high-tech plants offered by our subsidiary HOMAG Group with its Weinmann and System TM brands.

Digitalization is part of change and an accelerator at the same time. We are driving digitalization with determination. We are one of the pioneering partners of Volkswagen's highly-regarded Industrial Cloud, which is impressive proof of the fact that we are at the forefront of digitalization.

Sustainability also involves social justice and good corporate governance: values that are part of our tradition. That is one of the reasons why we have employees whose parents and grandparents have worked in our company - and young people who rely on us when completing vocational training. We are also seeing an increasing focus on sustainability issues among investors. We were the first company worldwide to issue a Schuldschein loan, the interest on which is linked to our sustainability performance - thus proving that we are pioneers on the capital market as well.

Read on the following pages how we are shaping sustainable transformation in the Dürr Group - today and in the future.

Wishing you an engaging read,

Ralf W. Dieter CEO of Dürr AG

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Content

CONTENT

OUR CORPORATE GOVERNANCE

Responsible and enduring

2020 at a glance

Page 6

From workshop to world market leader

The Dürr Chronicle - Opportunities for change

Page 7

Pillars of success

Cohesion, entrepreneurial spirit, passion for technology

Page 8

A huge opportunity

Board members Dr. Jochen Weyrauch and Dietmar Heinrich on the subject of sustainability

Page 9

Award-winning ideas

The Heinz Dürr Award for outstanding innovations

Page 12

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Dürr AG published this content on 18 March 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 18 March 2021 07:13:05 UTC.