LANXESS Reappoints CFO Oliver Stratmann for Five-Year Term to Ensure Financial Stability and Strategic Continuity

Chief Financial Officer Oliver Stratmann

(IN BRIEF) LANXESS AG has renewed the contract of Chief Financial Officer Oliver Stratmann for another five years, with the new term starting September 1, 2026. The Supervisory Board praised Stratmann’s effective leadership and expertise in financial planning during challenging market conditions. Chairman Rainier van Roessel commended his deep understanding of financial markets, while CEO Matthias Zachert highlighted his key role in steering the company through difficulties facing the entire chemical industry. The reappointment reflects LANXESS’s confidence in Stratmann’s ability to ensure continued financial resilience and strategic stability.

(PRESS RELEASE) COLOGNE, 12-Nov-2025 — /EuropaWire/ — The Supervisory Board of LANXESS AG has announced the reappointment of Chief Financial Officer (CFO) Oliver Stratmann for another five-year term, reaffirming confidence in his leadership and financial stewardship. Stratmann’s new contract will begin on September 1, 2026, immediately following the conclusion of his current three-year term.

As CFO, Stratmann has played a pivotal role in navigating LANXESS through a period marked by market volatility and economic uncertainty in the global chemicals sector. The decision by the Supervisory Board highlights his strong performance and strategic foresight in ensuring robust financial management.

“Oliver Stratmann is doing an excellent job as Chief Financial Officer in these challenging times. Right now, solid and forward-looking financial planning is particularly important, and his comprehensive knowledge of the financial markets is a great help to us in this regard,” said Rainier van Roessel, Chairman of the Supervisory Board of LANXESS AG.

Chief Executive Officer Matthias Zachert also welcomed the reappointment, emphasizing Stratmann’s crucial contribution to the company’s executive leadership. “I am delighted that Oliver Stratmann will continue to be part of our Executive Board team and support us with his expertise in steering the Group through this crisis affecting the entire chemical industry,” Zachert stated.

Stratmann’s extended term underscores LANXESS’s commitment to maintaining financial stability and strategic direction amid a challenging business environment. His leadership is expected to play an important role in guiding the company through its ongoing transformation and in strengthening its position within the global specialty chemicals market.

About LANXESS
LANXESS is a leading specialty chemicals company with sales of EUR 6.4 billion in 2024. The company currently has about 11,800 employees in 32 countries. The core business of LANXESS is the development, manufacturing and marketing of chemical intermediates, additives and consumer protection products. LANXESS has achieved leading positions in the Dow Jones Best-in-Class Index and the MSCI ESG and ISS ESG ratings, among others, for its commitment to sustainability.

Forward-Looking Statements
This company release contains certain forward-looking statements, including assumptions, opinions, expectations and views of the company or cited from third party sources. Various known and unknown risks, uncertainties and other factors could cause the actual results, financial position, development or performance of LANXESS AG to differ materially from the estimations expressed or implied herein. LANXESS AG does not guarantee that the assumptions underlying such forward-looking statements are free from errors, nor does it accept any responsibility for the future accuracy of the opinions expressed in this presentation or the actual occurrence of the forecast developments. No representation or warranty (expressed or implied) is made as to, and no reliance should be placed on, any information, estimates, targets and opinions contained herein, and no liability whatsoever is accepted as to any errors, omissions or misstatements contained herein, and accordingly, no representative of LANXESS AG or any of its affiliated companies or any of such person’s officers, directors or employees accepts any liability whatsoever arising directly or indirectly from the use of this document.

Media Contact:

Ingo Drechsler
Head of External Relations, Spokesperson
+49 221 8885 3790
ingo.drechsler@lanxess.com

Eva Krüger
Spokesperson, Financial and Business Media
+49 221 8885-4010
eva.krueger@lanxess.com

Alexander Böhm
Spokesperson Financial & Business Media
+49 221 8885 4746
alexander.boehm@lanxess.com

SOURCE: LANXESS