Iochpe Maxion S A : 02/22/2023Notice to the Market - Adherence to the Global Compact
March 20, 2023 at 07:41 pm EDT
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IOCHPE-MAXION S.A.
Public-held Company
Tax ID (CNPJ) 61.156.113/0001-75
NIRE 35.300.014.022
NOTICE TO THE MARKET
Iochpe-MaxionS.A. ("Company" - B3:MYPK3) informs shareholders and the market that it joined the United Nations (UN) Global Compact, the world's largest voluntary platform for the development, implementation, and disclosure of responsible sustainability business practices.
The Company has values, practices and goals aligned to the Global Compact and believe it is imperative that all businesses and organizations act in a structured way to help solving the development challenges facing our planet. Adhering to the Global Compact demonstrates the Company's support and commitment to work with other organizations in the private sector in line with the Sustainable Development Goals (SDGs).
São Paulo, February 22, 2023.
Elcio Mitsuhiro Ito
Chief Financial and Investor Relations Officer
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Iochpe-Maxion SA published this content on 20 March 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 20 March 2023 23:40:00 UTC.
Iochpe-Maxion S.A. is engaged in the production of automotive wheels. The Company is a producer of automotive structural components in the Americas, and a producer of railway equipment in Brazil. Its operations are focused on the automotive segment, and divided into the wheels and structural component segments. The Company operates through three divisions: Maxion Wheels, Maxion Structural Components and AmstedMaxion. At Maxion Wheels, the Company produces and sells a range of steel wheels for light and commercial vehicles, and agricultural machinery and aluminum wheels for light vehicles. At Maxion Structural Components, it produces side rails, cross members and full frames for commercial vehicles and structural components for light vehicles. At AmstedMaxion (a joint venture), the Company produces freight cars, railway wheels and castings, as well as industrial castings. The Company's and its subsidiaries' operations are carried out in over 30 units located in Brazil and abroad.