Georg Stausberg takes over as CEO of the Rieter Group with immediate effect

Ad hoc announcement pursuant to Art. 53 LR

The Board of Directors of Rieter Holding Ltd. was confronted by the designated CEO, Daniel Lippuner, with additional demands regarding his compensation package, particularly his bonus. Due to irreconcilable differences, Daniel Lippuner will not assume the position.

Georg Stausberg, CEO of Barmag, will assume the position of CEO of the Rieter Group with effect from November 4, 2026. Georg Stausberg has more than three decades of experience in the international textile machinery industry and has shaped the development of Barmag in various leadership positions.

Under his leadership as CEO, Barmag consolidated its position as the world’s leading supplier in the man-made fiber sector. After Barmag was acquired by Rieter in February 2026, Georg Stausberg became a member of the Rieter Group’s Executive Committee.

With his extensive industry expertise and his international network, Georg Stausberg is one of the most prominent leaders in the global textile machinery industry.

Forthcoming Dates

• Results press conference 2027: February 24, 2027
• Deadline for proposals regarding the agenda of the Annual General Meeting: March 3, 2027
• Annual General Meeting 2027: April 14, 2027
• Semi-Annual Report 2027: July 20, 2027
• Investor Update 2027: October 27, 2027

About Rieter
Rieter is the world’s leading system supplier for processing natural and man-made fibers into short-staple and long-staple yarn, as well as for the production of filament yarns, man-made fibers and nonwovens. With its comprehensive technology portfolio, Rieter covers the entire textile value chain – from fiber to yarn, and from polymer melt to texturized filament, synthetic staple fibers and nonwoven. Headquartered in Winterthur, Switzerland, the company designs and engineers complex spinning plants, machines, systems, and components that enable an efficient and economical production. Rieter’s leading technologies ensure minimal resource consumption, making a significant contribution to sustainability across the global textile value chain. Rieter has a history spanning more than 230 years, operates 21 production sites in nine countries, and employs around 6 300 people worldwide, approximately 9% of them in Switzerland. Rieter is listed on the SIX Swiss Exchange under the ticker symbol RIEN. www.rieter.com

Disclaimer
All statements in this report which do not refer to historical facts are forecasts which offer no guarantee whatsoever with respect to future performance; they embody risks and uncertainties which include – but are not confined to – future global economic conditions, exchange rates, legal provisions, market conditions, activities by competitors and other factors which are outside the company’s control. This text is a translation of the original German text.