Martina Merz to step down from the Supervisory Board of SAF-HOLLAND SE

Bessenbach (D), December 7, 2022 +++ Martina Merz, CEO of thyssenkrupp AG, has notified the Management Board and the Supervisory Board of SAF-HOLLAND SE that she will be stepping down from the Supervisory Board of SAF-HOLLAND SE with effect from December 12, 2022 in order to be available for another supervisory board mandate. This is in view of the recommendations of the German Corporate Governance Code, which recommends limiting the number of supervisory board mandates held. Ms. Merz has accompanied the development of SAF-HOLLAND SE as a member of the Supervisory Board since April 2014, holding the position of Chairwoman from April 2017 to October 2019.

Dr. Martin, Kleinschmitt, Chairman of the Supervisory Board of SAF-HOLLAND SE, a supplier of components to the trailer and truck industry that is listed on the SDAX, states: “We would like to express our sincere gratitude for her great dedication, excellent work and successful cooperation. Despite an increasing number of appointments, Martina Merz has remained loyal to our company to this day and set the tone in all aspects of her work with her distinctive industry experience. Both the company and the Supervisory Board owe her a great deal. We very much regret her departure.”

The supervisory board’s talks with a successor candidate are already well advanced. It is planned to propose her election to the Annual General Meeting of SAF-HOLLAND SE on May 23, 2023.

Contact:

Stephan Haas

Head of Investor Relations

Tel: +49 6095 301 803

[email protected]

Michael Schickling

Deputy Head of Investor Relations

Tel: +49 6095 301 617

[email protected]

About SAF-HOLLAND

SAF-HOLLAND SE is a leading international manufacturer of chassis-related assemblies and components for trailers, trucks and buses. The product range includes, among other things, axle and suspension systems for trailers as well as fifth wheels for trucks and coupling systems for trucks, trailers and semi-trailers. In addition, SAF-HOLLAND develops innovative products to increase the efficiency, safety and environmental friendliness of commercial vehicles. The focus here is on the digitalization and networking of trailers as well as the electrification of axles. The products and solutions are marketed under the brands SAF, Holland, V.Orlandi, TrailerMaster, Neway, KLL and York. SAF-HOLLAND supplies original equipment to vehicle manufacturers on six continents. In the aftermarket business, the company supplies spare parts to the manufacturers' service networks as well as to wholesalers and, through an extensive global distribution network, to end customers and service centers. Around 3,700 dedicated employees worldwide are already working on the future of the transport industry. SAF-HOLLAND shares have been listed in the Prime Standard of the German Stock Exchange since 2007 and are part of the SDAX selection index. For further information, please visit: www.safholland.com.