Lecta completes financing independence of self-adhesive business unit

Lecta has achieved financial independence for its self-adhesive business unit, marking the first step in the group's medium-term funding and strategic corporate reorganization, as announced on September 11, 2025.

The corporate reorganization aims to create four independently managed and financed business units, streamlining operations to crystallize efficiencies and synergies, and establishing units with a focus on growth initiatives and best-in-class cost management. This approach will also facilitate tailored financing and value realization for each business unit.

Supported by an independent management team and tailored financing, the self-adhesive business unit is positioned to focus on growth initiatives and delivering on its medium- to long-term strategic objectives. The self-adhesive business will continue to be controlled, managed and operate as usual within the Lecta Group.

The transaction is structured as a partial sale to new unrestricted subsidiaries of the group of the self-adhesive business. Funding for the sale is provided on a limited recourse basis by key stakeholders of the group, representing its largest financial creditors and shareholders, as permitted by the group's existing financing agreement.

The sale proceeds will flow into the restricted group and will be applied in accordance with the asset disposition covenant under existing financing agreements. The group's liquidity position will be further enhanced as a result of the deferral of certain prepayments by key stakeholders.

The transaction contributes significant day-one cash proceeds and incremental liquidity to the group, enables enhanced value creation within the self-adhesive business, retains optionality for strategic alternatives for the self-adhesive business and preserves any value upside from the self-adhesive business within the group.

Further announcements and updates in relation to the transactions announced on September 11, 2025 will be provided in due course.