Uponor participates today in GF's Flow Solutions Day 2023: New combined businesses for sustainable and profitable growth

Uponor Corporation, Press release, 16 November 2023 at 8.05 a.m. EET

Uponor participates today in GF’s Flow Solutions Day 2023: New combined businesses for sustainable and profitable growth

THIS COMMUNICATION IS NOT FOR DISTRIBUTION IN THE UNITED STATES, CANADA, AUSTRALIA OR JAPAN. THIS COMMUNICATION DOES NOT CONSTITUTE AN OFFER TO SELL, OR THE SOLICITATION OF AN OFFER TO BUY, SECURITIES IN ANY JURISDICTION IN WHICH IS UNLAWFUL TO DO SO.

GF will host its first Flow Solutions Day for investors, analysts and media, today on 16 November at 1.30 p.m. CET in Schaffhausen (Switzerland). During the event, GF's CEO Andreas Müller and members of top management, including Uponor's President and CEO Michael Rauterkus, will provide additional insights on how GF will create value in the water and flow solutions business. GF will also introduce its planned new division, GF Uponor, as well as a reshaped GF Piping Systems. A deep dive into concrete growth stories will highlight the combined, enhanced applications for Building Technology, Industry and Utility segments, bringing added value to customers, shareholders and employees.

As earlier announced on 13 November, GF will combine the Industry and Utility segment at GF Piping Systems, whereas the Building Technology business will be consolidated into the new division GF Uponor. The highly complementary businesses will allow to unleash the full potential of the two divisions, both well positioned for sustainable and profitable growth and benefitting from global megatrends. These organizational changes will be implemented during the course of 2024 after GF has obtained full ownership of Uponor.

GF Piping Systems will present solutions for the semiconductor industry and its increasing demand for high-quality water, as well as automated flow control for cost-efficient chemical processes. In addition, the division showcases its applications to solve the issue of water scarcity in urban infrastructures, which usually requires extensive network rehabilitation and performance improvements.

The new division GF Uponor will provide a deep dive into energy-efficient heating and cooling solutions in buildings, which faces growing long-term demand due to global warming. Water hygiene issues in buildings are one of the most underestimated challenges; GF Uponor will show a combined, intelligent water flow systems, which allows the supply of safe and clean drinking water at every point of use.

"Efficient and sustainable solutions are of utmost importance for our customers", GF CEO Andreas Müller said. "Our strengthened product portfolio enhanced by Uponor solutions but also a larger global presence and our combined innovation power will offer us many new opportunities to address these customer needs. We are excited to show how the excellent complementarity of GF Piping Systems and GF Uponor will bring added value to our customers, shareholders and other stakeholders."

Details of the Flow Solutions Day

The Flow Solutions Day for investors, analysts and media, will start today 16 November 2023 at 1:30 p.m. CET. To join the event online please use the following link. https://media.choruscall.eu/mediaframe/webcast.html?webcastid=4StaWT5R.

The presentation from the event is available on the GF website/press kits for download.

Photos of the event will be available in the GF image database from around 5:00 pm CET.

For further information, please contact

Media Enquiries GF

Beat Römer, Head Corporate Communications
+41 (0) 79 290 04 00, media@georgfischer.com

Media contacts GF in Finland

Niko Vartiainen, Principal Consultant, Tekir Ltd
niko@tekir.fi, +358 (0) 50 529 4299

Investor Relations GF

Nadine Gruber, Head Investor Relations
+41 (0) 79 698 14 87, ir@georgfischer.com

Investor Relations/Media Uponor

Franciska Janzon, Senior Vice President, Corporate Communications/IR
+358 (0) 20 129 2821, franciska.janzon@uponor.com

Disclaimer

This communication constitutes neither an offer to sell nor a solicitation to buy securities of Georg Fischer AG or of any other company and it does not constitute a prospectus or similar notice within the meaning of articles 35 et seqq. or 69 of the Swiss Financial Services Act. Copies of this communication may not be sent to jurisdictions, or distributed in or sent from or otherwise made publicly available in jurisdictions, in which this is barred or prohibited by law.

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This communication does not constitute an "offer of securities to the public" within the meaning of Regulation 2017/1129 of the European Union (the "Prospectus Regulation") of the securities referred to in it (the "Securities") in any member state of the European Economic Area (the "EEA") or, in the United Kingdom ("UK"), the Regulation (EU) 2017/1129 as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018, as amended (the "UK Prospectus Regulation"). Any placements of the Securities to persons in the EEA or the UK will be made pursuant to an exemption under the Prospectus Regulation or the UK Prospectus Regulation (as applicable), as implemented in member states of the EEA or the UK, from the requirement to produce a prospectus for offers of the Securities.

The securities referred to herein have not been and will not be registered under the US Securities Act of 1933, as amended (the "Securities Act"), and may not be offered or sold in the United States or to US persons (as such term is defined in Regulation S under the Securities Act) unless the securities are registered under the Securities Act, or an exemption from the registration requirements of the Securities Act is available. The issuer of the securities has not registered, and does not intend to register, any portion of the placements in the United States, and does not intend to conduct a public offer of securities in the United States. The securities are being offered and sold outside the United States in reliance on Regulation S and within the United States to "Qualified Institutional Buyers" (as defined in Rule 144A under the Securities Act ("Rule 144A")) in reliance on Rule 144A. Prospective purchasers are hereby notified that sellers of the Securities may be relying on the exemption from the provisions of Section 5 of the Securities Act provided by Rule 144A.

This communication is not for distribution in the United States, Canada, Australia or Japan. This communication does not constitute an offer to sell, or the solicitation of an offer to buy, securities in any jurisdiction in which is unlawful to do so.

About GF
As of 13 November 2023, GF has four divisions: GF Piping Systems, GF Uponor, GF Casting Solutions, and GF Machining Solutions. As a Group, GF offers products and solutions that enable the safe transport of liquids and gases, as well as lightweight casting components and high-precision manufacturing technologies. As a sustainability and innovation leader, GF strives to achieve profitable growth while offering superior value to its customers for more than 200 years. Founded in 1802, the Corporation is headquartered in Switzerland and as of the end of 2022, it was present in 34 countries with 138 companies, 60 of which are production companies with 83 facilities. GF’s 15’207 employees worldwide generated sales of CHF 3’998 million in 2022.

About Uponor
Uponor is a leading global provider of solutions that efficiently and effectively move water through cities, buildings, and homes. We help customers in residential and commercial construction, municipalities, and utilities, be more productive – and continuously find new ways to conserve, manage and provide water responsibly, unlocking its potential to provide comfort, health, and efficiency. Our safe drinking water, energy-efficient radiant heating and cooling systems, and reliable infrastructure solutions are sold in more than 80 countries. Uponor employs about 3,600 professionals in 26 countries in Europe and North America. In 2022, the company’s net sales totalled approximately €1.4 billion. Uponor Corporation is based in Finland and listed on Nasdaq Helsinki. Uponor is part of the Georg Fischer group, located in Schaffhausen (Switzerland). www.uponorgroup.com