DGAP-News: SAF-HOLLAND S.A.: Christoph Günter appointed as President EMEA

Corporate News

SAF-HOLLAND: Christoph Günter appointed as President EMEA

- Expert in commercial vehicle brake systems with focus on trailers

- Proven track record in the areas of sales and marketing, research and development and business development

- Many years of intercultural leadership experience

Luxembourg, August 28, 2019. SAF-HOLLAND GmbH, one of the world's leading suppliers of truck and trailer components, has appointed Mr. Christoph Günter as President EMEA, effective October 1, 2019. In this function, Mr. Günter will report directly to Alexander Geis, CEO of SAF-HOLLAND.

Christoph Günter began his career in 2004 in Sales and Marketing at MAN Nutzfahrzeuge AG. Since 2007, he has been held various staff and operational management positions in the areas of sales, marketing and product development at the Knorr-Bremse Group, which is the world market leader for brake systems and a leading provider of safety-critical sub-systems for both rail and commercial vehicles. Mr. Günter is currently the Vice President Sales & Marketing EMEA and is responsible for the Trailer, Specialist OE and Agricultural Vehicles areas at Knorr-Bremse Systeme für Nutzfahrzeuge GmbH.

Christoph Günter is a graduate industrial engineer and studied industrial engineering with a focus on operations research, logistics, corporate management and computer science at the Karlsruhe Institute of Technology (KIT).

Alexander Geis, CEO of SAF-HOLLAND in his says: "Christoph Günter brings extensive management experience with him in the areas of sales and business development for commercial vehicle brake systems, as well as many years of intercultural management expertise. With Christoph Günter leading the EMEA management team, we are very well positioned to systematically unlock the growth potential for truck and trailer components, particularly in the Middle East and Africa."

About SAF-HOLLAND

SAF-HOLLAND S.A., located in Luxembourg, is the largest independent listed supplier to the commercial vehicle market in Europe delivering mainly to the trailer markets. With sales of approximately EUR 1,301 million in 2018, the Company is one of the world's leading manufacturers and suppliers of chassis-related systems and components primarily for trailers, trucks, buses, and recreational vehicles. The product range comprises axle and suspension systems, fifth wheels, kingpins, and landing gear marketed under the brands SAF, Holland, Neway, KLL, V.Orlandi and York. SAF-HOLLAND sells its products to Original Equipment Manufacturers (OEM) on six continents. The Group's Aftermarket business supplies spare parts to the service networks of Original Equipment Suppliers (OES), as well as to end customers and service centers through its extensive global distribution network. SAF-HOLLAND is one of the few suppliers in the truck and trailer industry that is internationally positioned in almost all markets worldwide. With the innovation campaign "SMART STEEL - ENGINEER BUILD CONNECT" SAF-HOLLAND combines mechanics with sensors and electronics and drives the digital networking of commercial vehicles and logistics chains. More than 4,000 committed employees worldwide are already today working on the future of the transportation industry.

Contact

Michael Schickling
Head of Investor Relations and Corporate Communications
Tel: +49 (0) 6095 301 617
michael.schickling@safholland.de

Future-oriented statements

This press release contains certain future-oriented statements that are based on current assumptions and forecasts made by the management of SAF-HOLLAND S.A. Various known and unknown risks, uncertainties and other factors may lead to the actual results, financial position, development or performance of the company deviating considerably from the appraisals specified here. The company assumes no obligation to update future-oriented statements of this nature or adapt them to future events or developments.

Notes

This announcement is for information purposes only and does neither constitute an offer to sell, purchase, exchange or transfer any securities nor a solicitation of any offer to sell, purchase, exchange or transfer any securities. The securities referred to herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the "Securities Act") and may not be offered or sold in the United States absent registration or an exemption from registration under the Securities Act. SAF-HOLLAND S.A. does not intend to register any securities referred to herein under the Securities Act or with any securities regulatory authority of any state or other jurisdiction in the United States in connection with this announcement.