News from 20.12.2019

EANS-Adhoc: Change at the top of the supervisory board

The chairman of the supervisory board of FACC AG, Mr. Geng Ruguang, has informed the company's management board that he will resign from his position with effect of December 31, 2019, and will therefore resign from the supervisory board before the end of his term at the 2021 annual general meeting.

Geng Ruguang has been a member of the FACC AG supervisory board since 2009 and has served as chairman of the supervisory board since then. Geng Ruguang has been instrumental in the success and development of FACC AG over the past 10 years. Under his supervision and leadership, FACC AG was able to significantly expand its market position and is now one of the leading manufacturers of composite components and systems for the civil aerospace industry.

The Supervisory Board elected Mr. Pang Zhen – so far deputy Chairman - as the new Chairman of the supervisory board as of January 1, 2020.

About FACC
FACC is a worldwide leading aerospace company in design, development and production of aerospace technologies and advanced aicraft lightweight systems. Being the technology partner of all major manufacturers, FACC works together with its customers on developing solutions for the mobility of the future. Every second, there is an aircraft taking off with FACC technology on board. In full year 2018/19, FACC achieved more than 782 million Euro in revenues. FACC employs 3,500 people from 38 nations and working in 13 countries worldwide. The company is listed in the ATX of the Vienna Stock Exchange and part of the Fortune-500 Group AVIC, providing access to the largest growth markets within the industry. For more information please visit facc.com.

Contact

Manuel Taverne
Director Investor Relations
E-Mail: investor.relations@facc.com

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