On May 29, 2020 (the “Closing Date”), ZF Friedrichshafen AG (“ZF”), a stock corporation organized and existing under the laws of the Federal Republic of Germany, completed the acquisition of WABCO Holdings Inc. (“WABCO” or the “Company”) pursuant to the terms of the previously announced Agreement and Plan of Merger, dated as of March 28, 2019 (the “Merger Agreement”), by and among WABCO, ZF and Verona Merger Sub Corp., a Delaware corporation and a wholly owned subsidiary of ZF (“Merger Sub”). Pursuant to the Merger Agreement, Merger Sub merged with and into WABCO, with WABCO surviving the merger as the surviving corporation (the “Surviving Corporation”) and becoming a wholly owned subsidiary of ZF (the “Merger”). On May 25, 2020, Jacques Esculier announced that, effective as of the Effective Time, he would be retiring as the Chief Executive Officer of WABCO. From and after the Effective Time, WABCO appointed Jon Morrison as Chief Executive Officer of the Surviving Corporation.