AMG Critical Materials N.V.: Strengthening Leadership and Strategic Capabilities

AMG Critical Materials N.V. (AMG), a global leader in critical materials and vacuum furnace systems, has announced changes to the composition of its Supervisory Board, further solidifying its leadership and strategic capabilities. The company's commitment to sustainability and innovation is reflected in these strategic moves, which aim to ensure a smooth transition and maintain the company's competitive edge in the global market.



The Supervisory Board has resolved to expand its resources in 2024, creating a Board with seven members at the Annual General Meeting (AGM) in May. This expansion is part of the company's strategy to prepare for an orderly transition and secure continuity in its leadership. Given the rotation schedule of the Supervisory Board and the retirement of Professor Hanke and Mr. Depp in 2025, this proactive approach ensures a smooth handover of responsibilities and maintains institutional knowledge within the company.



AMG is very pleased to announce that Ms. Dagmar Bottenbruch is prepared to rejoin AMG's Supervisory Board as an independent member. Her past experience and successful track record as a Supervisory Board member and member of the Remuneration Committee until 2023 make her an ideal candidate to help guide the company through its long-term objectives. Ms. Bottenbruch's reappointment is expected to contribute to the continuity and effectiveness of the Supervisory Board, ensuring that the company maintains a balanced and experienced composition.



In addition to the expansion of the Supervisory Board, AMG has also announced the reappointment of Mr. Jackson Dunckel as Chief Financial Officer (CFO) and the nomination of Mr. Michael Connor to the Management Board as Chief Corporate Development Officer. These appointments further strengthen AMG's leadership and strategic capabilities, ensuring that the company maintains its sound leadership into the future.

The reappointment of Mr. Dunckel, who has served as CFO since 2016, ensures continuity in AMG's financial management. His extensive experience and knowledge of the company's financial operations will be invaluable in maintaining AMG's financial stability and growth. The nomination of Mr. Connor as Chief Corporate Development Officer is a strategic move to ensure effective capital allocation on a global level. With the company's current strategic project intensity, having a dedicated executive focused on corporate development will help AMG make informed decisions about investments, acquisitions, and divestments.



These appointments and reappointments demonstrate AMG's commitment to maintaining a strong leadership team with the necessary skills and experience to drive the company's growth and success in the global critical materials market. By expanding the Supervisory Board and strengthening its Management Board, AMG is well-positioned to continue its mission of providing critical materials and related process technologies to advance a less carbon-intensive world.

In conclusion, AMG Critical Materials N.V.'s strategic moves to expand its Supervisory Board and strengthen its Management Board demonstrate the company's commitment to maintaining a strong leadership team and ensuring a smooth transition in its leadership. These changes align with AMG's long-term objectives and position the company to continue its success in the global critical materials market.