EQS-Adhoc: hGears AG Group: Change in the Supervisory Board

hGears AG Group: Change in the Supervisory Board

Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No. 596/2014

Schramberg, 8 April 2025 – Prof. Dr. Volker Stauch, Chairman of the Supervisory Board of hGears AG, has today informed the Board that he will resign from his position as Chairman of the Supervisory Board and as a member of the Supervisory Board for personal reasons with effect from the end of the Annual General Meeting of the company to be held in Schramberg on 11 June 2025.

Mr. Marco Freiherr von Maltzan will stand for election as successor to Prof. Dr. Volker Stauch as Chairman of the Supervisory Board.

Mr. Marco Freiherr von Maltzan is Chairman of the Supervisory Board at WKW AG, Chairman of the Advisory Board at Walter Klein GmbH & Co. KG, Chairman of the Advisory Board at UKM Holding, Vice Chairman of the Shareholders' Committee and Member of the Audit Committee at Pfeifer & Langen Industrie- und Handels-KG and Member of the Board of Directors at RGP Resources Global Professionals Inc.

Contact

hGears AG

Christian Weiz

Brambach 38

78713 Schramberg

T: +49 (7422) 566 222

E: Christian.Weiz@hgears.com

About hGears

hGears is a global manufacturer of mission-critical high-precision gears and components with a strategic focus on products for e-mobility. The products include gears, shafts and other function-critical components that are used in electric drive systems for e-bikes and in electric and hybrid vehicles (EHV). In the e-bike sector, hGears AG is a leading European company in the supply of high-precision gear parts and components. The company is thus well positioned to benefit from the growing end markets for e-bikes and EHVs. hGears has three different business areas for which it develops and manufactures high-precision components: e-Bike, [e]-Mobility (primarily for premium and luxury cars, EHVs and powersports vehicles) and e-Tools.

hGears combines over 65 years of experience in highly developed machining steel processing and state-of-the-art sintered metal production. This makes it one of the few companies in the world that can offer its customers both processes. hGears works together with its customers in a “co-development” role to design components and find technologically optimal solutions to satisfy the customer’s specifications. hGears' blue-chip customer base includes several major Tier 1 suppliers and original equipment manufacturers (OEMs). The company benefits from long-standing, stable and sustainable relationships with its customers, with many key customers being supplied for more than 20 years.

hGears is headquartered in Schramberg (Germany) and operates worldwide with production facilities in Schramberg (Germany), Padua (Italy) and Suzhou (China). Visit hGears on the Internet at: www.hgears.com