AALST-EREMBODEGEM, Belgium, November 15, 2018-

Ontex Group NV (Euronext Brussels: ONTEX; ‘Ontex,’ ‘the Group’ or ‘the Company’) today announced that its Chief Financial Officer Jacques Purnode will step down from this position effective December 31, 2018. Charles Desmartis who is joining Ontex today, will be appointed CFO effective January 1, 2019.

In order to ensure a smooth transition, Jacques Purnode will work closely with Charles Desmartis until the end of March 2019.

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