Schaeffler India Limited has announced a key leadership appointment, naming Mr. Maximilian Andreas Fiedler as Additional Director (Non-Executive Non-Independent Director) effective January 1, 2026. The appointment was formalized through a circular resolution passed by the Board of Directors on December 26, 2025.

Board Appointment Details

The appointment follows the recommendation of the Nomination and Remuneration Committee and is subject to shareholder approval. The company has specified that approval must be obtained either at the ensuing Annual General Meeting or within three months from the appointment date, whichever is earlier.

Professional Background

Fiedler brings extensive experience within the Schaeffler Group, having joined the organization in 2012. His career progression within the group includes several key positions across different regions and functions.

His initial role was as Assistant to the CFO and subsequently to the CEO. In 2015, he advanced to Vice President of External Reporting for Schaeffler Group, where he managed the annual and interim reporting processes. His international experience expanded when he was appointed Chief Financial Officer for Schaeffler Mexico in 2018, overseeing Finance and IT operations.

Current Leadership Role

Since 2022, Fiedler has been based at Schaeffler's Singapore office, serving as Chief Financial Officer for the Asia/Pacific region. His responsibilities expanded significantly in June 2025 when he assumed the role of Regional CEO Asia/Pacific (acting) while continuing his CFO duties for the region.

Regulatory Compliance

The company has confirmed that Fiedler meets all regulatory requirements for the directorship. He is not debarred from holding the office of Director by any SEBI order or other regulatory authority. Additionally, he does not have any inter-se relationship with other Directors of the company.

Postal Ballot Process

In accordance with Section 175 of the Companies Act, 2013, the Board has approved a Postal Ballot Notice for the appointment. The resolution for Fiedler's appointment as Non-Executive Non-Independent Director will be presented as an Ordinary Resolution, liable to retire by rotation.

The appointment reflects Schaeffler India's strategic focus on strengthening its board composition with experienced professionals who have deep understanding of the group's operations across key markets.

Schaeffler India Limited has received ESG ratings from two independent agencies, as disclosed in a regulatory filing. The company informed stock exchanges about the unsolicited ESG assessments conducted by external rating agencies.

ESG Rating Details

Two separate agencies have evaluated Schaeffler India's environmental, social, and governance performance, resulting in the following scores:

Both ratings were assigned without any formal engagement or request from Schaeffler India, representing independent assessments of the company's ESG practices.

Independent Assessment Process

The company emphasized that it did not engage either CFC Finlease Private Limited or NSE Sustainability Ratings and Analytics Limited for these evaluations. Both agencies conducted their assessments independently, basing their analysis solely on:

• Company's public disclosures
• Other publicly available data
• Regulatory filings and reports

This approach ensures that the ratings reflect an objective third-party perspective on Schaeffler India's ESG performance without any influence from the company itself.

Regulatory Compliance

Schaeffler India disclosed this information pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure demonstrates the company's commitment to transparency regarding ESG-related developments that may be material to investors and stakeholders.

The unsolicited nature of these ratings highlights the growing focus on ESG metrics in the Indian corporate landscape, with rating agencies proactively evaluating companies' sustainability and governance practices based on publicly available information.