Item 7.01 Regulation FD Disclosure

On January 15, 2021, David M. Pawlick, Vice-President, Controller of Albany International Corp. (the "Company") and principal accounting officer, informed the Company of his decision to retire, effective September 30, 2021.

Until his successor is in place, Mr. Pawlick will continue to perform his current duties and support the Company's search for a successor. He shall further assist in the transition process as needed once a replacement has been named, until September 30, 2021.

In exchange, he will remain an employee of the Company at his current salary until such time, and eligible for a pro-rated short-term incentive bonus for 2021 under the Company's Annual Performance Plan, payable in or about March 2022. Upon the termination of his employment on September 30, 2021, he will receive compensation in an amount equal to one-half the value of unvested Phantom Stock units forfeited as the result of his voluntary retirement prior to age 62.


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                                   Signature

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

ALBANY INTERNATIONAL CORP.

   By:               /s/ Stephen M. Nolan

   Name:             Stephen M. Nolan
   Title:            Chief Financial Officer and Treasurer
                     (Principal Financial Officer)

Date: January 21, 2021

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