EQS-News: FUCHS PETROLUB SE becomes FUCHS SE

EQS-News: FUCHS PETROLUB SE / Key word(s): Miscellaneous FUCHS PETROLUB SE becomes FUCHS SE 03.05.2023 / 15:02 CET/CEST The issuer is solely responsible for the content of this announcement. FUCHS PETROLUB SE becomes FUCHS SE FUCHS PETROLUB SE will be operating under the name of FUCHS SE in future. The resolution to change the name was passed at the Annual General Meeting on May 3, 2023. "The term PETROLUB refers to the origin of the raw materials and is of no relevance today either in brand communication or in the company names of the Group companies, and it can lead to a misconception of our business model," explains Chief Technology Officer Sebastian Heiner. FUCHS has been focusing for a long time on the development, manufacture and distribution of highly efficient lubrication solutions for the operation of equipment and machinery. In light of increasing technical requirements and sustainability efforts, the focus is on high-performance raw materials from sustainable sources, which is why the name component PETROLUB is no longer appropriate. In addition, the word PETROLUB is not part of the company name of the 56 FUCHS subsidiaries worldwide and is therefore not an issue from the customer's point of view. "As a high-tech company, we want to expand our technology leadership in strategically important application areas, be it in the fields of digitalization, future mobility or sustainability. With the current renaming, we are underlining our focus on advanced, process-oriented and holistic solutions for lubricants and functional fluids," says CEO Stefan Fuchs. Today, the FUCHS product portfolio comprises more than 10,000 products in almost all industry segments, including novel functional fluids such as thermofluids, which regulate the temperature in the drive of electric cars or are also used in large data centers. The renaming to FUCHS SE is expected to take place on July 3, 2023. Mannheim, May 3, 2023 FUCHS PETROLUB SE Public Relations Einsteinstrasse 11 68169 Mannheim Tel: [phone] E-mail: [e-mail]   The following information can be accessed via the Internet: Image and video material: https://www.fuchs.com/gb-en/photo-gallery/   About FUCHS Founded in 1931 as a family business in Mannheim, FUCHS is now the world's largest independent supplier of innovative lubrication solutions, covering almost every industry and application. Today, the company's 6,000 employees in over 50 countries still share the same goal: to keep the world moving both sustainably and efficiently. To live up to this claim, we think in terms of perfection, not merely standards. When developing individual solutions, we enter into an intensive customer dialogue – acting as an experienced consultant, innovative problem solver and reliable team partner. 03.05.2023 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.eqs-news.com

Language:	English
Company:	FUCHS PETROLUB SE
	Einsteinstraße 11
	68169 Mannheim
	Germany
Phone:	+49 (0)621 / 3802-0
Fax:	+49 (0)621 / 3802-7190
E-mail:	[e-mail]
Internet:	www.fuchs.com/gruppe
ISIN:	DE000A3E5D64, DE000A3E5D56
WKN:	A3E5D6, A3E5D5
Indices:	MDAX
Listed:	Regulated Market in Frankfurt (Prime Standard), Stuttgart; Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Tradegate Exchange
EQS News ID:	1623661

End of News	EQS News Service

1623661  03.05.2023 CET/CEST