EQS-Adhoc: MTU Aero Engines AG: CEO Lars Wagner will not renew his contract | 30.10.24

Publication of inside information in accordance with Article 17 MAR

Publication of inside information in accordance with Article 17 MAR

MTU Aero Engines AG: CEO Lars Wagner will not renew his contract

Munich, 30. October 2024 | The CEO of MTU Aero Engines AG, Lars Wagner, informed the Chairman of the Supervisory Board today that he will not be available for a new term after his mandate, which runs until December 31, 2025. Mr. Wagner will pursue new professional skills . opportunities outside the company.

The Supervisory Board will deal with the issue of succession in the near future.

——————————————– – About MTU aircraft engines — ——————————————

MTU Aero Engines AG is Germany’s largest engine manufacturer. The company is a technology leader in low-pressure turbines, high-pressure compressors, turbine center frames and manufacturing processes and repair techniques. In the commercial OEM business, the company plays a key role in the development, production and marketing of high-tech components together with international partners. About 30 percent of current aircraft in use worldwide have MTU components on board. In the commercial maintenance sector, the company is one of the top 3 service providers for commercial aircraft engines and industrial gas turbines. The activities are bundled under the roof of MTU Maintenance. In the military field, MTU Aero Engines is Germany’s main industrial company for virtually all engines used by the country’s military. MTU operates a network of locations around the world; Munich is home to the head office. In the 2023 financial year, the company employed more than 12,000 employees and achieved a consolidated turnover of 6.3 billion euros.

www.mtu.de | MTU aircraft engines | mtu_aero_engines | MTU aircraft engines | @MTUaeroeng

——————————————– —- ——— Contact ——————————————– —- ————-

Thomas Franz | Vice President of Investor Relations | +49 (0)89-1489 4787 | [email protected]

Marc Sauber | SVP Corporate Communications and Public Affairs | +49 (0)151-57964416 | [email protected]