FUCHS PETROLUB announces personnel changes in the Supervisory Board for 2022

As already announced, Dr. Kurt Bock will resign from his Supervisory Board mandate and thus also from his position as Chairman of the Supervisory Board of FUCHS PETROLUB SE at the end of the Annual General Meeting on May 3, 2022. Dr. Kurt Bock has been Chairman of the Supervisory Board of FUCHS PETROLUB SE since May 2019.

The Supervisory Board proposes to the Annual General Meeting Dr. Markus Steilemann, CEO of COVESTRO AG, as a new member for election to the Supervisory Board. At the constituent meeting following the Annual General Meeting, the Supervisory Board intends to elect Dr. Christoph Loos, CEO of HILTI AG, as Chairman of the Supervisory Board.
Dr. Christoph Loos has been a member of the Supervisory Board for two years.

FUCHS PETROLUB is pleased to gain Dr. Christoph Loos as the new Chairman of the Supervisory Board and, with Dr. Markus Steilemann, once again a renowned entrepreneurial personality with international experience for the company's Supervisory Board.

Mannheim, January 19, 2022

FUCHS PETROLUB SE
Corporate Marketing & Communications
Friesenheimer Str. 17
68169 Mannheim
Tel. +49 (0)621 3802 1104
[email protected]
www.fuchs.com/group

About FUCHS
FUCHS develops, produces and markets high-grade lubricants and related specialties for virtually all industries and areas of application. The company, which was founded in Mannheim in 1931, employs around 6,000 people worldwide at 58 operating companies. FUCHS is the world's largest independent lubricant manufacturer. The most important markets in terms of sales revenue are Western Europe, Asia and North America.

Important note
This press release contains future-oriented statements, which are based on assumptions and estimates by the corporate management of FUCHS PETROLUB SE. Even if the corporate management is of the opinion that these assumptions and estimates are true, the future actual development and future actual results may differ significantly from these assumptions and estimates due to a variety of factors. These factors can include, for example, a change in the macroeconomic situation, the procurement prices, the exchange rates and interest rates as well as changes within the lubricant industry. FUCHS PETROLUB SE accepts no guarantee or liability for the future development and the actual results achieved in future matching the assumptions and estimates expressed in this press release.