For Schaeffler, debt is a key source of financing. Bank debt and bonds provide medium and long-term financing in addition to cash flows from operations.

Acquiring Schaeffler bonds gives lenders the opportunity to invest in a company that

• is excellently positioned in attractive growth markets;
• has a well-balanced business model;
• is a technology, quality and innovation leader and
• generates above-average growth rates and margins.

On the following pages please find further details about the Schaeffler Group that meet the information needs of our bondholders and the debt markets.