Ontex accelerates CEO transition, launches strategic review and appoints Lorenzo Grabau to the Board

Group 1 - Ontex Group NV has accelerated the appointment of Mr. Laurent Nielly as CEO to January 13, 2026, reflecting the Board's confidence in his leadership capabilities [1] - Mr. Nielly will lead a review of all strategic options to identify opportunities for profitable growth and enhance cash generation and return on investment [2] - A Strategy Committee will be established by the Board of Directors to oversee the review and execution of Ontex's medium- and long-term plans [2] Group 2 - The Board has co-opted Mr. Lorenzo Grabau as a non-executive director to strengthen its composition following the resignation of Mr. Jesper Hojer [3] - Mr. Grabau brings extensive experience in capital markets and strategic transformation, which will support Ontex's strategic and value creation agenda [3] - The initiatives undertaken by the Board demonstrate a commitment to delivering value creation for Ontex's shareholders [4] Group 3 - Ontex is a leading international developer and producer of personal care products, employing around 5,100 people and operating in 11 countries [5] - The company's innovative products are distributed in approximately 100 countries, with its headquarters located in Aalst, Belgium [5]