FUCHS will hold the Annual General Meeting as a purely virtual Annual General Meeting on May 5, 2020 at 10:00 a.m.

Against the backdrop of the continuing spread of the Corona virus and the nationwide ban on events, FUCHS had a presence in March to protect the health of all participants 2020 general meeting postponed to the second half of June.

From today's perspective, it is uncertain whether the ban on assembly will then be lifted. On March 27, lawmakers passed a law at a rapid pace that, among other things, allows general meetings to be held in a purely electronic format, without any physical participation.

So that all known agenda items of the Annual General Meeting such as the election of the members of the Supervisory Board, the decision on the appropriation of profits and the associated dividend payment can be resolved promptly, the Management Board and the Supervisory Board have decided to make use of the new legal regulation. In this way, FUCHS guarantees all of its shareholders sufficient planning security, even in times of uncertainty. The general meeting of FUCHS PETROLUB SE will take place as a purely virtual general meeting on the originally planned date, May 5, 2020 at 10:00 a.m. The invitation will be published on April 9, 2020 in accordance with the new legal regulations.

After registering in good time, shareholders can follow the entire Annual General Meeting online and exercise their voting rights in advance by electronic postal vote or by proxy and instructions to the company's proxies. Both options are also possible online until voting begins. Questions to the board can be asked electronically up to two days before the general meeting. Further details will be found in the invitation.

FUCHS once again expressly thanks the government, which implemented the relevant legislative package within a very short time in the current difficult situation.

Contact:

Tel: [phone]

Email: [e-mail]

Web: www.fuchs.com/gruppe

About FUCHS

The FUCHS Group develops, produces and sells high-quality lubricants and related specialties for almost all industries and applications. The company, which was founded in Mannheim in 1931, employs more than 5,600 people worldwide in 62 operating companies. FUCHS is the world's largest provider of independent lubricant manufacturers. The most important markets in terms of sales are Western Europe, Asia and North America.

Important NOTE

This press release contains forward-looking statements based on assumptions and estimates made by the management of FUCHS PETROLUB SE. Even if the management is of the opinion that these assumptions and estimates are correct, future actual developments and future actual results may differ significantly from these assumptions and estimates due to a variety of factors. These factors may include changes in the overall economic situation, procurement prices, exchange rates and interest rates, as well as changes in the lubricant industry. FUCHS PETROLUB SE assumes no guarantee and no liability for

(C) 2020 Electronic News Publishing, source ENP Newswire