• Antolin has entered into a temporary standstill agreement with a group of holders of its notes due in 2028 and 2030. • The initial agreement runs for two weeks and can be extended, giving the parties additional time to negotiate a consensual recapitalisation. • Certain related legal actions and proceedings in Spain, the United States and the United Kingdom have been temporarily suspended or postponed. • Antolin has not entered Chapter 11 proceedings in the US. Chapter 15 is being used to seek recognition of the Spanish restructuring proceedings. • The financial restructuring includes extending debt maturities and providing a long-term working-capital facility of up to EUR 220 million. • The development is particularly relevant to the plastics industry because of Antolin's position as a major global Tier 1 supplier specialising in automotive interior solutions.