Publication of inside information pursuant to Article 17 MAR

 

MTU Aero Engines AG: MTU Aero Engines AG appoints new CEO

 

Munich, December 17, 2024 | At its meeting today, the Supervisory Board of MTU Aero Engines AG resolved to appoint Dr. Johannes Bussmann as Chief Executive Officer of MTU Aero Engines AG effective with resignation of the current Chief Executive Officer, Mr. Lars Wagner. Dr. Bussmann is to assume this function in the near future. This is the Supervisory Board's response to the announcement by CEO Lars Wagner that he will not be extending his mandate, which runs until December 31, 2025.

 

 

 

 

-------------------------------------------------  About MTU Aero Engines  -------------------------------------------------

 

MTU Aero Engines AG is Germany's leading engine manufacturer. The company is a technological leader in low-pressure turbines, high-pressure compressors, turbine center frames as well as manufacturing processes and repair techniques. In the commercial OEM business, the company plays a key role in the development, manufacturing and marketing of high-tech components together with international partners. Some 30 percent of today's active aircraft in service worldwide have MTU components on board. In the commercial maintenance sector the company ranks among the top 3 service providers for commercial aircraft engines and industrial gas turbines. The activities are combined under the roof of MTU Maintenance. In the military arena, MTU Aero Engines is Germany's industrial lead company for practically all engines operated by the country's military. MTU operates a network of locations around the globe; Munich is home to its corporate headquarters. In fiscal 2023, the company had a workforce of more than 12,000 employees and posted consolidated sales of 6.3 billion euros.

 

www.mtu.de | MTU Aero Engines | mtu_aero_engines | MTU Aero Engines | @MTUaeroeng

 

---------------------------------------------------------------  Kontakt  -------------------------------------------------------------------

 

Thomas Franz | Vice President Investor Relations | +49 (0) 89 -1489 4787 | [email protected]

Marc Sauber | SVP Corporate Communications & Public Affairs | +49 (0)151 –5796 4416| [email protected]