Andritz AG — Major Shareholding Notification 2020

Dec 2, 2020

Publication Date: 02.12.2020 19:03 EANS-Voting Rights: Andritz AG / Publication of a participation notification according to art. 135 para. 2 Stock Exchange Act

Notification of voting rights transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is responsible for the content of this announcement.

ANDRITZ AG was informed that certain subsidiaries of BlackRock, Inc., Wilmington, USA, as shown on the table below, have holdings in ANDRITZ AG, which is listed on the Vienna Stock Exchange. As of November 30, 2020 these subsidiaries held a total of 2.82% of ANDRITZ AG's share capital (104,000,000 shares).

Person subject to notification obligation:

• * Name: BlackRock, Inc.
• * City: Wilmington
• * Country: USA

Details to the stake-holdings as of November 30, 2020:

____________
	% of voting	% of voting		Total number of
				rights attached rights through Total of both voting rights
	to shares	financial/other	in %	of issuer
				__ __ instruments __ ___
Resulting
situation on
the date on	1.91%	0.91%	2.82%	104,000,000
which threshold
was crossed /
				_reached __ __ __ __
Position of
previous	3.88%	0.55%	4.43%
				notification__ __ __ __ __

Notified details of the resulting situation:

	____________
Voting rights
attached to
	shares_ __ __ ___ ____
	Number of				% of voting
	ISIN_Code__ voting_rights_ ______ _rights __
	Direct		Indirect		Direct		Indirect
	AT0000730007 (Sec 130 BörseG (Sec 133 BörseG (Sec 130 BörseG (Sec 133 BörseG
	___ 2018)__ _2018) __2018)_ 2018)___
	___ ___ _1,986,308 __ ___1.91%
	SUBTOTAL_ ___ _1,986,308 __ ___1.91%

		___________ Financial / Other Instruments pursuant to sec. 131, para. 1, no. 1 BörseG 2018_____________
					Number of voting
					rights that may

Type of	Expiration	Exercise	be	% of voting
instrument	Date	Period	acquired if the	rights
			instrument is
				___ __ __ _exercised_ _______
				Securities_Lent __ __ _912,852 _____0.88%
				SUBTOTAL_ __ __ _912,852 _____0.88%

				___________
				Financial / Other Instruments pursuant to sec. 131, para. 1, no. 2 BörseG
				2018_____________
Type of	Expiration Exercise		Physical /	Number of	% of voting
instrument	Date	Period	Cash	voting rights	rights
				__ _ ___________ Settlement_ ____ _______
				CFD_ __ ___ _Cash _36,749 __0.04%
				SUBTOTAL _ __ _ _36,749 __0.04%

Information in relation to the person subject to the notification obligation: Full chain of controlled undertakings through which the voting rights and/or the financial/other instruments are effectively held starting with the ultimate controlling natural person or legal entity:

	____________			Financial/
		Directly	Shares held	other	Total of both
No.	Name			controlled directly (%) instruments	(%)
		by no.		held directly
	_ _ __ ___ (%)__ _______
1	BlackRock,
	_ Inc.__ ___ ___ __ ____
	BlackRock
2	Holdco 2,	1
	_ Inc.__ ___ ___ __ ____
	BlackRock
3	Financial	2
	Management,
	_ Inc.__ ___ ___ __ ____
	BlackRock
4	International	3
	Holdings,
	_ Inc.__ ___ ___ __ ____
	BR Jersey
5	International	4
	_ HoldingsL.P. ___ ___ __ ____
	BlackRock
6	Australia	5
	Holdco Pty.
	_ Ltd.__ ___ ___ __ ____
	BlackRock
	Investment
7	Management	6
	(Australia)
	_ Limited __ ___ __ ____
8	Trident	1
	_ MergerLLC_ __ _ _ ____
	BlackRock
9	Investment	8
	Management
	_ LLC_ __ _ _ ____
	BlackRock
10	(Singapore)	5
	Holdco Pte.

	Ltd.
	BlackRock HK
11	Holdco	$10$
	Limited_
	BlackRock
	Asset
$12\,$	Management	11
	North Asia
	Limited_
13	BlackRock	5
	Holdco_3,_LLC
14	BlackRock	13
	Cayman_1_LP_
	BlackRock
$15$	Cayman West	14
	Bay Finco
	Limited_
	BlackRock
16	Cayman West	15
	Bay IV
	Limited_
$17$	BlackRock	16
	Group_Limited
	BlackRock
$18\,$	Finance	$17$
	Europe
	Limited_
	BlackRock
19	Investment	$18\,$
	Management
	(UK)Limited
	BlackRock
	Asset
20	Management	19
	Deutschland
	AG_
	BlackRock
21	International	$17\,$
	Limited_
	BlackRock
22	(Netherlands)	18
	B.V.
	BlackRock
23	Advisors (UK)	18
	Limited_
	BlackRock
24	Capital	$\mathsf{3}$
	Holdings,
	$Inc.__$
25	BlackRock	24
	Advisors, LLC
	BlackRock
26	Canada	13
	Holdings_LP_
	BlackRock
27	Canada	26
	Holdings_ULC_
	BlackRock
	Asset
28	Management	27

	Canada
	_ Limited __ ___ __ ____
29	BlackRock	3
	_ Holdco4,_LLC ___ ___ __ ____
30	BlackRock	29
	_ Holdco6,_LLC ___ ___ __ ____
	BlackRock
31	Delaware	30
	_ HoldingsInc. ___ ___ __ ____
32	BlackRock	31
	_ FundAdvisors ___ ___ __ ____
	BlackRock
	Institutional
33	Trust	31
	Company,
	National
	_ Association_ ___ ___ __ ____

Other Comments: The disclosure obligation arose due to total holding for BlackRock, Inc. going below 4%.

---

Further inquiry note: Dr. Michael Buchbauer Head Group Finance Tel.: +43 316 6902 2979 Fax: +43 316 6902 465 mailto:michael.buchbauer@andritz.com

end of announcement euro adhoc

issuer:	Andritz AG
	Stattegger Straße 18
	A-8045 Graz
phone:	+43 (0)316 6902-0
FAX:	+43 (0)316 6902-415
mail:	welcome@andritz.com
WWW:	www.andritz.com
ISIN:	AT0000730007
indexes:	WBI, ATX
stockmarkets: Wien
language:	English

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