FEV Group Reinforces Its Operations in Europe, South America, and Asia

Press release

Please send inquiries to:

FEV GmbH, Neuenhofstraße 181, 52078 Aachen, Germany,

Mr. Gälweiler, phone 00 49 241 – 5689 6452

FEV Group Reinforces its Operations in Europe, South America, and Asia

Dr. Ernst Scheid and Dr. Michael Wilhelm assume management leadership of newly-founded FEV Asia GmbH,Dr. Norbert Alt becomesexecutive vice president of FEV GmbH.

The FEV Group Holding GmbH has taken another important step towards meetingthe international needs of its clients in an even more market-appropriate manner:The renowned development service provider has restructured the global management of its subsidiaries and continues to strengthen the structure of its local sales organizations in Asia, Europe and South America.

FEV’s Asian market business will be reorganized under a newly founded company, FEV Asia GmbH, to which all Asian FEV subsidiaries will report. As part of this new Asian business structure, Dr. Ernst Scheid becomeschairman of theexecutiveboard and Dr. Michael Wilhelm has been appointed executive vice president.

Changes were also announced within the Executive Board of FEV GmbH, which is responsible for FEV’s activities in Europe and South America. Dr. Jens Ludmann has been named chairman of the executive board of FEV GmbH. In addition, Dr. Norbert Alt, vice president business region Europe & South America has been appointed as an executive vice president of FEV GmbHjoining current executive vice presidents Dr. Ernst Scheid and Sami Sagur.

“The personnel and structural changes are an important step toward optimizing our globally oriented operations and structuring our local operatingactivities to better meet our customers’ needs,” explains Professor Stefan Pischinger, president and CEO of the FEV Group. “With the foundation of FEV Asia GmbH, we are recognizing the increasing importance of Asian markets, while the European operations are being further reinforced.”

PersonnelBackground:

Dr. Ernst Scheid has been an executive vice president of FEV GmbH since 2001 and is responsible for the business region “East”.

Since 2008, Dr. Michael Wilhelm has held the position of vice president business region “East”. As such, he is responsible for sales activities in Asia and Eastern Europe.

Dr. Jens Ludmann, executive vice president of FEV GmbH, assumed responsibility for the European business of FEV on July 1, 2015. Prior to that, he was chief technology officer at the Chinese automobilemanufacturer Qoros Auto Co. Ltd.

Dr. Norbert Alt has worked at FEV since 1989. As vice president business region Europe & South America, he has been responsible for sales in those regions since 2006.

About FEV

The FEV Group with headquarters in Aachen, Germany, is an internationally recognized development service provider for drive and vehicle technologies. The company offers its global transport industry customers a complete range of engineering services, providing support in the design, analysis and prototyping for powertrain and transmission development, as well as vehicle integration, calibration and homologation for advanced internal combustion gasoline-, diesel-, and alternative-fueled powertrains. FEV's competencies also include design, development and prototyping of innovative vehicle concepts, powertrain electronic control systems and hybrid-electric engine concepts that address future emission and fuel economy standards. The Testing Solutions division is a global supplier of advanced test cell, instrumentation and test equipment. The FEV Group employs a staff of over 4,000 highly skilled specialists at advanced technical centers on four continents.

Captions

[FEV Asia GmbH Management]

Dr. Ernst Scheid (l.) has assumed the chairmanship of the executive board of the newly-founded FEV Asia GmbH. Dr. Michael Wilhelm has been appointedexecutive vice president.

Source: FEV GmbH

[FEV GmbH Management]

Dr. Jens Ludmann (l.) has been namedchairman of the executive board at FEV GmbH. Dr. Norbert Alt, vice president business region Europe & South America, has become a new member of the board.

Source: FEV GmbH

Contact

FEV GmbH

Patrick Gälweiler

Phone: +49 241 5689-6452

E-mail:

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