Statements of the Board of Managing Directors

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Klaus RosenfeldChief Executive Officer

Klaus RosenfeldChief Executive Officer

Klaus Rosenfeld

Chief Executive Officer

"Sustainability is deeply rooted in our DNA. Our purpose “We pioneer motion to advance how the world moves” not only answers the question of why Schaeffler exists, but also how we create sustainable value. With this in mind, we have set ourselves ambitious sustainability targets that are tied to the variable remuneration of our management"

Dr. Klaus PatzakChief Financial Officer

Dr. Klaus PatzakChief Financial Officer

Dr. Klaus Patzak

Chief Financial Officer

"Sustainable is becoming increasingly important on the capital markets. With our Green Finance Framework we can specifically finance sustainable projects that help reduce CO2 emissions."

Andreas SchickChief Operating Officer

Andreas SchickChief Operating Officer

Andreas Schick

Chief Operating Officer

"Sustainable production is especially important to us, therefore our production will be carbon neutral by 2030. Already, 98.6 percent of our plants are certified."

Corinna SchittenhelmChief Human Resources Officer

Corinna SchittenhelmChief Human Resources Officer

Corinna Schittenhelm

Chief Human Resources Officer

"We pay highest attention to the occupational safety of our workforce. By implementing appropriate measures, we were able to reduce our accident rate by 10 percent in 2020 for the fourth time in a row."

Michael SödingCEO Automotive Aftermarket

Michael SödingCEO Automotive Aftermarket

Michael Söding

CEO Automotive Aftermarket

"Through our innovative repair solutions, we extend the life cycle of vehicles. Thanks to our system expertise, supporting services are performed quickly and efficiently to increase vehicle mobility to the maximum extent."

Dr. Stefan SpindlerCEO Industrial

Dr. Stefan SpindlerCEO Industrial

Dr. Stefan Spindler

CEO Industrial

"Products from Schaeffler’s Division contribute significantly to the transition to sustainable energy. As the No. 1 supplier of rolling bearing solutions for wind power plants we are driving forward the successive expansion of renewable energies. We are also developing innovative core components for electrolysis necessary to produce green hydrogen."

Uwe WagnerChief Technology Officer

Uwe WagnerChief Technology Officer

Uwe Wagner

Chief Technology Officer

"Green hydrogen from regenerative energy sources offers us a great opportunity to shape a carbon-neutral and sustainable future. In this context we offer solutions for the entire hydrogen value-added chain, from production to use, and from industrial to mobility applications."

Matthias ZinkCEO Automotive Technologies

Matthias ZinkCEO Automotive Technologies

Matthias Zink

CEO Automotive Technologies

"We are a leading provider of sustainable solutions in and have successfully made the transition from component supplier to system partner. With our innovative technologies across all electrification levels we are helping to shape the environmentally friendly mobility of the future."

Corporate Governance
Set of legal and constructive requirements for the management and supervision of companies.
EMAS
Abbreviation of “Eco-Management and Audit Scheme”: community eco-management and audit scheme setting out requirements under which Schaeffler Group locations are validated.
Industrial
Division of the Schaeffler Group that includes the business with customers in the mobility, production machinery, energy and raw materials, and aerospace sectors.
E-mobility
Abbreviation of “electric mobility”: mobility that is powered by electricity. This includes electric and hybrid vehicles. Ranging from high-voltage hybrid modules and electric axles through to wheel hub motors – the Schaeffler Group offers a broad range of products for the age of electrified powertrain architectures