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EANS-News: ANDRITZ AG Annual General Meeting approves dividend of 0.50 euros per share

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

Annual & Special Corporate Meetings/Company Information

Graz - July 7, 2020. At today's 113th Annual General Meeting, the shareholders
of ANDRITZ AG agreed to a dividend payment of 0.50 euros per share for the 2019
business year.

The ex-dividend date is July 9, 2020, and the date of dividend payment is July
13, 2020.

Following the expiry of Fritz Oberlerchner's regular mandate as member of the
Supervisory Board, Wolfgang Bernhard was elected as new member of the ANDRITZ AG
Supervisory Board, effective as of the end of today's Annual General Meeting.

All items on the agenda were approved at the meeting.

- End -

International technology group ANDRITZ offers a broad portfolio of innovative
plants, equipment, systems and services for the pulp and paper industry, the
hydropower sector, the metals processing and forming industry, pumps, solid/
liquid separation in the municipal and industrial sectors, as well as animal
feed and biomass pelleting. The global product and service portfolio is rounded
off with plants for power generation, recycling, the production of nonwovens and
panelboard, as well as automation and digital solutions offered under the brand
name of Metris. The publicly listed group today has around 28,400 employees and
more than 280 locations in over 40 countries.

Further inquiry note:
Dr. Michael Buchbauer
Head of Corporate Communications
Tel.: +43 316 6902 2979
Fax: +43 316 6902 465

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
ISIN:         AT0000730007
indexes:      WBI, ATX
stockmarkets: Wien
language:     English

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