SAF Holland : Additional Note with respect to the further information about the Candidates for the Supervisory Board

Addi�onal note with respect to the further informa�on about the candidates for the supervisory board

In the opinion of the Supervisory Board, the proposed candidates are to be considered independent, including Dr Mar�n Kleinschmit, partner at the law firm Noerr PartGmbB.

Noerr is an interna�onal full-service law firm with more than 500 lawyers, tax consultants, chartered accountants, and business consultants (including 100+ partners).

Noerr LLP has generated revenues of more than EUR 330 million in 2023. Noerr has been advising the SAF-HOLLAND Group for more than twenty years. In the past two years, Noerr has achieved an average revenue of around EUR 700,000 per year with this advice (2023: EUR 573,144.41; 2022: EUR 899,754.26). This corresponds to approx. 0.2% of Noerr's revenue.

In the judgement of the Supervisory Board, there is no material business rela�onship with Noerr. Dr Mar�n Kleinschmit is one of the 100+ partners of Noerr. He is not personally involved in Noerr advice for the SAF-HOLLAND Group and he does not receive any specific compensa�on in connec�on with such advice for the SAF-HOLLAND Group.

The exis�ng long-standing rela�onship with Noerr is not dependent upon Dr Mar�n Kleinschmit's role in the Supervisory Board. The decisions to retain Noerr are taken without any vo�ng by Dr Mar�n Kleinschmit and all orders and invoices are reviewed and approved by the Supervisory Board of SAF-HOLLAND SE and SAF-HOLLAND GmbH in accordance with the statutory provisions.