Gurit Wins New Wind Turbine OEM as Customer

Zurich, Switzerland, June 1, 2017 - Gurit (SIX Swiss Exchange: GUR), a worldwide leading developer and manufacturer of advanced composite materials, components and technologies, today announced that it has won a major wind turbine OEM as new customer for its Tooling business.

The new customer placed a first set of orders for wind blade mould systems at a total contract value of some CHF 11 million to be produced and supplied in 2017.

Gurit`s Tooling division is one of the largest independent manufacturers of wind blade mould systems worldwide. With manufacturing sites in Taicang, China, and Szczecin, Poland, production capacity currently amounts to some sixty wind turbine blade mould sets per year. In addition, the Gurit Tooling business also produces and supplies wind blade mould related equipment such as heating systems and lifting, turning and transport devices.

About Gurit:

The companies of Gurit Holding AG, Wattwil/Switzerland, (SIX Swiss Exchange: GUR) are specialized on the development and manufacture of advanced composite materials, related technologies and select finished parts and components. The comprehensive product range comprises fiber reinforced prepregs, structural core products, gel coats, adhesives, resins and consumables. Gurit supplies global growth markets with composite materials on the one hand and composite tooling equipment, structural engineering and select finished parts on the other. The global Group has production sites and offices in Switzerland, Germany, Hungary, Italy, Spain, the U.K., Poland, Canada, the U.S.A., Ecuador, Australia, New Zealand, India and China. For more information, please visit www.gurit.com

Gurit Group Communications

Tanja Moehler

Head of Marketing & Corporate Communications

T +41 44 316 15 55

M +41 79 722 84 71

tanja.moehler@gurit.com

www.gurit.com

All trademarks used or mentioned in this release are protected by law.

Forward-looking statements:

To the extent that this announcement contains forward-looking statements, such statements are based on assumptions, planning and forecasts at the time of publication of this announcement. Forward-looking statements always involve uncertainties. Business and economic risks and developments, the conduct of competitors, political decisions and other factors may cause the actual results to be materially different from the assumptions, planning and forecasts at the time of publication of this announcement. Therefore, Gurit Holding AG does not assume any responsibility relating to forward-looking statements contained in this announcement.




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