Suspension and Resumption of Trading in Schaeffler Shares

Herzogenaurach, Germany | Schaeffler AG announced the upcoming suspension and resumption of trading in its shares due to the merger with Vitesco Technologies Group AG. This merger, set to take effect on October 1, 2024, will result in the conversion of Schaeffler's common non-voting shares into common shares, also effective from October 1.

The Frankfurt Stock Exchange will suspend trading in these shares before the start of trading on October 1. Consequently, September 30, 2024, will be the last trading day for both companies' shares. The trading of Schaeffler's common shares will resume on October 2, 2024.

Schaeffler AG commits to informing the market of further developments as mandated. The company also cautioned that forward-looking statements in the announcement could be impacted by risks and uncertainties. No obligation exists to update these statements, which are only valid as of the press release date.