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AZEK Appoints New Senior Vice President of Research and Development, Reinforcing Commitment to Innovation and Sustainability

12/20/2021

CHICAGO--(BUSINESS WIRE)-- The AZEK Company Inc. (NYSE: AZEK) ("AZEK" or the “Company”), the industry-leading manufacturer of beautiful, low-maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and Versatex® and AZEK Trim®, has appointed Daniel Boss, Ph.D. as Senior Vice President of Research and Development (R&D), replacing the function’s current lead, Bruce Stanhope, Ph.D., who will retire in early 2022. As a member of AZEK’s leadership team, Boss will ensure AZEK maintains and enhances its commitment to creating the most beautiful, innovative, and sustainable products in the category.

“I believe strongly in AZEK’s purpose to revolutionize outdoor living to create a more sustainable future and, to do that, we must continuously harness a spirit of innovation and ingenuity,” Boss said. “AZEK and its products have a strong track record of leading the industry in both innovation and sustainability, and, together as an R&D team, we’ll live by the company’s value better today than yesterday to continue to deliver best-in-class products for consumers.”

Boss brings to AZEK more than 20 years of experience developing and launching new, innovative and commercially and technically successful products, including within the building products industry. Additionally, he has direct experience with the two main polymers used at AZEK. Most recently, Boss served as SVP of R&D at GAF, a building materials company specializing in roofing, where he not only developed award-winning products but established an industry-first, post-consumer recycling process to enhance the company’s sustainability efforts. Prior to GAF, Boss was VP of Engineering at Serious Materials, Inc. and held leadership positions at USG Corporation. Boss received a Ph.D. in Materials Science and Engineering from Northwestern University, an MS in Materials Science and Engineering from UCLA, and a BS in Chemical Engineering from USC.

“When looking for a new R&D leader, it was important that we found someone who not only understands how to innovate to deliver the beautiful, high-quality products our stakeholders have come to expect from us, but who also has the ability to create new solutions to address needs customers don’t yet know they have. We found that and more in Dan,” Jesse Singh, CEO of The AZEK Company said. “As we welcome Dan, I want to thank Bruce Stanhope for his dedication to AZEK over the last nine years. He has made significant contributions to our success, including both the development of TimberTech’s two most premium, market-leading decking collections and the formulations to accelerate our use of recycled materials.”

Boss will assume his role on January 3, 2022, while Stanhope assists with the transition in the month of January.

About The AZEK® Company

The AZEK Company Inc. (NYSE: AZEK) is the industry-leading designer and manufacturer of beautiful, low maintenance and environmentally sustainable outdoor living products, including TimberTech® decking and Versatex® and AZEK Trim®. Consistently recognized as the market leader in innovation, quality and aesthetics, products across AZEK’s portfolio are made from up to 100% recycled material and primarily replace wood on the outside of homes, providing a long-lasting, eco-friendly, and stylish solution to consumers. Leveraging the talents of its approximately 2,000 employees and the strength of relationships across its value chain, The AZEK Company is committed to accelerating the use of recycled material in the manufacturing of its innovative products, keeping millions of pounds of waste out of landfills each year, and revolutionizing the industry to create a more sustainable future. Headquartered in Chicago, Illinois, the company operates manufacturing facilities in Ohio, Pennsylvania and Minnesota, and recently announced a new facility will open in Boise, Idaho. For additional information, please visit azekco.com.

Cautionary Note Regarding Forward-Looking Statements

This release contains or refers to certain forward-looking statements within the meaning of the federal securities laws and subject to the "safe harbor" protections thereunder. Forward-looking statements are statements about future events and are based on our current expectations. These forward-looking statements may be identified by the words “believe,” “hope,” "expect," "intend," "will," "target," “anticipate,” "goal" and similar expressions. Our forward-looking statements include, without limitation, statements with respect to the goals, effects, consequences and expectations of any changes to our leadership team. The Company bases its forward-looking statements on information available to it on the date of this release, and undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of changed circumstances, new information, future events or otherwise, except as may otherwise be required by law. Actual future events could also differ materially due to numerous factors that involve substantial known and unknown risks and uncertainties including, among other things, the risks and uncertainties set forth under "Risk Factors" and elsewhere in the Company's reports on Form 10-K and Form 10-Q and the other risks and uncertainties discussed in any subsequent reports that the Company files with the Securities and Exchange Commission from time to time. Although we have attempted to identify those material factors that could cause actual results or events to differ from those described in such forward-looking statements, there may be other factors that could cause actual results or events to differ from those anticipated, estimated or intended. Given these uncertainties, investors are cautioned not to place undue reliance on our forward-looking statements.

Amy Widdowson
(415) 819-2126
AZEKquestions@zenogroup.com

Source: The AZEK Company Inc.

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