Message from the shareholders

Ladies and Gentlemen, (writing)

As a global technology company, the Schaeffler Group is actively shaping the far-reaching transformation of mobility and energy systems. Together with its customers, the company is using the potential for new solutions ranging from climate-friendly power generation, alternative drives, and intelligent repair solutions to new mobility concepts.

Georg F. W. Schaeffler and Maria-Elisabeth Schaeffler-Thumann (photo)

Maria-Elisabeth Schaeffler-Thumann
Georg F. W. Schaeffler

In order to shape the transformation successfully, it is necessary to focus on long-term values and objectives. The Schaeffler values “Sustainable”, “Innovative”, “Excellent”, and “Passionate” are now more than ever a central compass that points the way. These values sum up what characterizes the Schaeffler Group and makes it successful: the willingness and ability to face challenges, to constantly explore new ideas, to strive for the highest quality, and to pursue long-term goals. As family shareholders, we stand for these values and live out our responsibility for the sustainable orientation of the Schaeffler Group.

Schaeffler’s innovative strength is the key to actively and successfully shaping the upcoming transformation. More than 2,000 initial patent applications in the last year portray the outstanding inventiveness of the Schaeffler Group. Today, the Schaeffler Group is able to outline the development and the entire industrialization of the construction of electrical motors within the company in the field of alternative drives and new mobility concepts. This is a good basis for the future that has also gained external recognition. Last year, the German Federal Ministry of Transport and Digital Infrastructure awarded the Schaeffler Group the German Mobility Prize. It honored the electrically powered Schaeffler Mover, an innovative solution for transporting people and goods in cities. We can be justifiably proud of this.

To ensure that the Schaeffler Group continues to be successful in the future, the company places the highest demands on itself and its business partners. This includes ensuring that the Schaeffler Group’s values and ethical principles are incorporated throughout the company and along the entire value chain. This is based on the globally valid Schaeffler Group’s Corporate Code of Conduct.

We are convinced that the Schaeffler Group, together with its partners, is helping to manage the current transformation and find solutions that offer true added value for our society.

Maria-Elisabeth Schaeffler-Thumann (signature)

Maria-Elisabeth Schaeffler-Thumann

Georg F. W. Schaeffler (signature)

Georg F. W. Schaeffler

GRI