AMAG Extends Chief Sales Officer Contract Amid European Aluminum Industry Challenges

The Supervisory Board of AMAG Austria Metall AG has extended the contract of Chief Sales Officer Victor Breguncci until May 31, 2029, reinforcing the company's commitment to sales leadership during a period of significant challenges for the European aluminum sector. This decision, made at the September 17, 2025 meeting, provides continuity in corporate leadership and emphasizes the critical role of sales in AMAG's strategic direction.

Supervisory Board Chairman Alessandro Dazza stated that the contract extension demonstrates AMAG's dedication to supporting sales efforts and maintaining commercial excellence. Breguncci has played a key role in strengthening the company's customer focus and developing the sales organization over recent years. The Brazil native has been a member of AMAG's Management Board since June 2019, overseeing Sales, Strategic Sales Development, Supply Chain Management, and Market Monitoring and Development.

Breguncci expressed gratitude for the trust placed in him, particularly given the current challenges facing the European aluminum industry. He emphasized his commitment to working with his team and fellow board members to position AMAG as a reliable partner for high-quality aluminum solutions. The current Management Board, in place since January 1, 2024, consists of CEO and COO Dr. Helmut Kaufmann, CFO Claudia Trampitsch, and CSO Victor Breguncci.

The contract extension highlights the strategic significance of sales representation at the highest decision-making level within AMAG. Having an independent sales representative on the Management Board ensures that customer-focused topics remain a long-term priority for the company. This move comes as the aluminum industry faces various market pressures and competitive challenges that require strong commercial leadership and strategic sales development.

AMAG maintains its corporate information and investor relations through its official website at https://www.amag.at, where stakeholders can access current company information and financial reports. The company's commitment to maintaining stable leadership during industry challenges reflects its strategic approach to navigating market uncertainties while continuing to serve diverse industries including aircraft, automotive, sporting goods, and construction sectors with premium aluminum products.