EQS-News: Change in the Supervisory Board of SAF-HOLLAND SE

Change in the Supervisory Board of SAF-HOLLAND SE

• Ingrid Jägering resigns from the Supervisory Board at the end of the Annual General Meeting on May 20, 2025
• Expansion of the Supervisory Board to six members proposed

Bessenbach, April 7, 2025. SAF-HOLLAND SE announces that Ms. Ingrid Jägering has decided to resign from the Supervisory Board at the end of the Annual General Meeting on May 20, 2025. As a replacement, the Supervisory Board proposes to the shareholders of SAF-HOLLAND SE with today’s invitation to the Annual General Meeting to elect Ms. Dagmar Rehm to the Company's Supervisory Board.

Dagmar Rehm has more than three decades of experience, particularly in the areas of accounting & controlling, finance & treasury, risk management, compliance, and business development. She most recently served as CFO of juwi AG, one of the world's leading project developers for wind and solar power plants and has been working as an independent management consultant since 2021. In the event of her election by the Annual General Meeting, Ms. Rehm will also succeed Ms. Jägering as Chairwoman of the Audit Committee of SAF-HOLLAND SE.

Dr. Martin Kleinschmitt, Chairman of the Supervisory Board of SAF-HOLLAND SE, states: “Ingrid Jägering has supported the Company with exceptional expertise and knowledge over the last six years as Deputy Chairwoman of the Supervisory Board and as Chairwoman of the Audit Committee. On behalf of the Supervisory Board and the Management Board, we would like to thank her most sincerely for this. We wish Ingrid Jägering all the best for her personal and professional future. We are pleased to be able to propose Ms. Rehm to the shareholders at the Annual General Meeting for election to the Supervisory Board as an independent and highly competent successor.”

At the Annual General Meeting on May 20, 2025, the Management Board and Supervisory Board of SAF-HOLLAND SE will also propose expanding the Supervisory Board from five to six members.

The proposal is made against the background that the demands on the Supervisory Board and its members have increased significantly in recent years. This is due, on the one hand, to the steadily rising number of legal and regulatory requirements. On the other hand, the work of the Supervisory Board has become more complex and extensive in recent years due to the strong growth of the SAF-HOLLAND Group, particularly as a result of the acquisition of Haldex as well as other companies.

As an additional candidate, the Supervisory Board of SAF-HOLLAND SE, supported by the recommendation of its Nomination and Remuneration Committee, proposes Mr. Hans-Werner Kaas. Mr. Kaas holds a degree in industrial engineering and served as a Senior Partner at the management consultancy McKinsey & Company, Inc. in Frankfurt / Main, Germany as well as Cleveland and Detroit in the United States from 1991 to 2024. He has advised global leaders in the automotive, industrial, technology, and engineering sectors on growth strategies, operational transformation, performance improvement, and organizational effectiveness. Since 2024, Mr. Kaas has served as Managing Partner of HWK Advisory LLC, which he founded.

“We are very pleased to have Mr. Kaas as a candidate for our Supervisory Board,” says Dr. Martin Kleinschmitt, adding: “With his international background, experience in the North American industry and extensive know-how in the automotive and other manufacturing sectors, he is an ideal addition to our Board.”

This year's Annual General Meeting of SAF-HOLLAND SE will again take place as an in-person event in Lohr am Main on May 20, 2025. The invitation and full agenda are available on the Company's website at https://corporate.safholland.com/en/investor-relations/annual-general-meeting and in the Federal Gazette.

Contact:

Dana Unger      

VP Investor Relations, Corporate & ESG Communications

Tel: +49 6095 301 949

dana.unger@safholland.de

Alexander Pöschl

Senior Manager Investor Relations, Corporate & ESG Communications

Tel: +49 6095 301 117

alexander.poeschl@safholland.de

Michael Schickling

Senior Manager Investor Relations, Corporate & ESG Communications

Tel: +49 6095 301 617

michael.schickling@safholland.de

About SAF-HOLLAND

SAF-HOLLAND SE is a leading international manufacturer of chassis-related assemblies and components for trailers, trucks and buses. An average of around 5,700 dedicated employees worldwide generated sales of EUR 1,877 million in 2024.

The product range includes axle and suspension systems for trailers as well as fifth wheels and coupling systems for trucks, trailers, and semi-trailers as well as brake and EBS systems. In addition, SAF-HOLLAND also develops innovative products to increase the efficiency, safety, and environmental friendliness of commercial vehicles. With the brands SAF, Holland, Haldex, Assali Stefen, KLL, Neway, Tecma, V.Orlandi and York, the Group achieved strong market positions in the top three positions in the most important regions worldwide in 2024.
 

SAF-HOLLAND supplies manufacturers in the original equipment market on six continents. In the aftermarket business, the Company supplies spare parts to manufacturers’ service networks and wholesalers as well as to end customers and service centers via an extensive global distribution network.
 

SAF-HOLLAND SE is listed in the Prime Standard of the Frankfurt Stock Exchange and is included in the SDAX (ISIN: DE000SAFH001). Further information is available at www.safholland.com.