DGAP-News: HELLA GmbH & Co. KGaA: FAURECIA is new majority shareholder of HELLA

FAURECIA is new majority shareholder of HELLA

- Acquisition by FAURECIA was successfully completed

- Including the 60 percent share package of HELLA pool shareholders, FAURECIA acquires approx. 79.5 percent of HELLA shares in the course of the transaction

- The transaction creates the seventh largest automotive supplier worldwide and a global market leader in high-growth technology fields

FAURECIA, a global leader in the automotive industry, has successfully completed the acquisition of lighting and electronics specialist HELLA after receiving all necessary regulatory approvals. FAURECIA acquired a total of approx. 79.5 percent of the shares in HELLA, including the 60 percent share package of the HELLA pool shareholders as well as ca. 19.5 percent as part of the public takeover offer ended on 11 November 2021. The transaction creates the seventh-largest automotive supplier worldwide and a global market leader in high-growth technology fields.

"We are now opening a new chapter in our corporate history," says HELLA CEO Dr. Rolf Breidenbach. "Although we will continue to operate as a legally independent company, our new majority shareholder FAURECIA opens up additional opportunities that we would not have on our own. By pooling our specific strengths, we will be able to drive change in our industry even better and shape the mobility of tomorrow."

FAURECIA CEO Patrick Koller says: "HELLA and FAURECIA complement each other perfectly, in terms of technologies, customers and markets. We are therefore pleased that HELLA is now part of the FAURECIA Group. This will enable us to serve key future topics even better, and both companies will thus receive additional impetus. Above all, HELLA and FAURECIA are healthy, profitable companies with a strong future. We will therefore work together effectively from day one and immediately address the potential we have identified upfront."

In the course of the closing, the takeover offer has been settled accordingly and the offer price of € 60.00 per HELLA share has today been instructed for payment to the shareholders of HELLA who tendered their shares under the takeover offer. The former pool shareholders of HELLA hold a stake in FAURECIA of approx. 9 percent and have become the largest shareholder of FAURECIA. Against this background, the appointment of a family pool representative to the FAURECIA Board of Directors will be proposed at the next FAURECIA shareholders' meeting.

Please note: This text and corresponding photo material can also be found in our press database at: www.hella.com/press

HELLA GmbH & Co. KGaA, Lippstadt: HELLA is a global, family-owned company listed on the stock exchange, with over 125 locations in some 35 countries. With currency and portfolio-adjusted sales of € 6.5 billion in fiscal year 2020/2021 and more than 36,000 employees, HELLA is one of the world's leading automotive suppliers. HELLA specialises in innovative lighting systems and vehicle electronics and has been an important partner to the automotive industry and aftermarket for more than a century. Furthermore, in its Special Applications segment, HELLA develops, manufactures and sells lighting and electronic products for specialist vehicles.

FAURECIA: Founded in 1997, FAURECIA has grown to become a major player in the global automotive industry. With 266 industrial sites, 39 R&D centres and 114,000 employees in 35 countries, FAURECIA is a global leader in its four areas of business: seating, interiors, Clarion Electronics and clean mobility. The Group's strong technological offering provides carmakers with solutions for the cockpit of the future and sustainable mobility. In 2020, the Group reported total turnover of € 14.7 billion. FAURECIA is listed on the Euronext Paris market and is a component of the CAC Next 20 index. Find out more at: www.faurecia.com

For more information, contact:

Dr. Markus Richter HELLA GmbH & Co. KGaA
Company spokesman Rixbecker Straße 75
Phone.: +49 (0)2941 38-7545 59552 Lippstadt / Germany
Markus.Richter@hella.com www.hella.com