Press Release 
 
Changes within the Board of Managing Directors of Schaeffler AG 

HERZOGENAURACH, 2017-05-10. In today’s meeting, the Supervisory Board of Schaeffler AG agreed to the wish expressed by Chief Financial Officer, Dr. Ulrich Hauck, not to extend his contract that expires March 31, 2018. 
 
Dr. Hauck has been in charge of Finance since April 1, 2015. The Supervisory Board and the Board of Managing Directors of Schaeffler AG thank Dr. Hauck for his contribution and wish him the very best for his professional and his private life. A decision about a successor will be made in due time. 
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Schaeffler Group – We pioneer motion: The Schaeffler Group has been driving forward groundbreaking inventions and developments in the field of motion technology for over 75 years. With innovative technologies, products, and services for electric mobility, CO₂-efficient drives, chassis solutions, and renewable energies, the company is a reliable partner for making motion more efficient, intelligent, and sustainable – over the entire life cycle. Schaeffler describes its comprehensive range of products and services by means of eight product families: from bearing solutions and all types of linear guidance systems through to repair and monitoring services. With around 120,000 employees and more than 250 locations in 55 countries, Schaeffler is one of the world’s largest family-owned companies and ranks among Germany’s most innovative companies. 

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CONTACT:

Christoph Beumelburg </fo:inline> <fo:block space-after.optimum=”0px”/> <fo:inline font-family=”NotoSansBold”font-weight=”bold”>SVP Communications, Marketing und Investor Relations 
Schaeffler AG 
Herzogenaurach
Tel. +49  9132 82-5000
E-Mail: presse@schaeffler.com
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Thorsten Möllmann </fo:inline> <fo:block space-after.optimum=”0px”/> <fo:inline font-family=”NotoSansBold”font-weight=”bold”>Vice President Corporate Communications 
Schaeffler AG 
Herzogenaurach
Tel. +49  9132 82-5000
E-Mail: presse@schaeffler.com
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