<p style="text-align: center;"><img src="/ueditor/php/upload/image/20241008/1728380718245840.png" title="1728380718245840.png" alt="2.png"/></p><p style="text-align: justify;"><span style="font-family: arial, helvetica, sans-serif; font-size: 12px;">First price of the Schaeffler share following the merger at EUR 4.50 Following the share class conversion, all shareholders hold common shares with full voting rights Inclusion of Schaeffler shares in the MDAX and MSCI Europe envisaged Following the completion of the merger of Vitesco Technologies Group AG (“Vitesco”) into Schaeffler AG (“Schaeffler”) on October 1, 2024, trading in new Schaeffler shares commenced on the Frankfurt Stock Exchange today. The new shares are listed under the ticker symbol SHA with ISIN DE000SHA0019 and German Securities Code SHA001. The first price was set at EUR 4.50 in the morning. After the successful completion of the merger with Vitesco and the share class conversion at Schaeffler, common shares with full voting rights are now listed on the stock exchange. Trading in Vitesco shares (ISIN: DE000VTSC017) and previously listed non-voting common shares of Schaeffler (ISIN: DE000SHA0159) has been discontinued. The new common shares will be traded on the regulated market of the Frankfurt Stock Exchange with simultaneous admission to the sub-segment of the regulated market with additional post-admission obligations (Prime Standard). Upon completion of the transaction with Vitesco, the number of Schaeffler shares issued increases from 666,000,000 to 944,884,641. In conjunction with the intended realignment of the share structure, the previously listed non-voting common shares were converted into common shares with full voting rights at a 1:1 ratio. As a result, all Schaeffler shareholders – family shareholders and all other shareholders – now hold the same class of shares. IHO Holding, the strategic management holding of the Schaeffler family, holds approximately 79 percent in Schaeffler’s common shares at the start of trading. The free float amounts to approximately 21 percent. The company expects that the unification of share classes will enable the Schaeffler share to fulfill the criteria for inclusion in the MDAX and MSCI Europe indices in the future. Klaus Rosenfeld, CEO of Schaeffler AG, said: “Following the successful merger with Vitesco, a new chapter begins today with the start of trading in the new Schaeffler shares, which now carry voting rights. From now on, it’s one share, one vote at Schaeffler. This is an important step to increase the attractiveness of the Schaeffler share for investors.”</span></p>