Purpose of Postal Ballot

The Company is seeking shareholder consent through postal ballot for the appointment of two directors:

Item 1: Appointment of Mr. Christophe Hannequin

  • Proposed as a Non-Executive Non-Independent Director
  • DIN: 11696328
  • Appointment effective from July 1, 2026
  • Resolution Type: Ordinary Resolution
  • Will be liable to retire by rotation

Item 2: Appointment of Mr. Chetan Kumar Maini

  • Proposed as an Independent Director
  • DIN: 01612229
  • Proposed term: Five years from July 1, 2026, to June 30, 2031
  • Resolution Type: Special Resolution
  • Not liable to retire by rotation

Voting Mechanics

  • Record Date: Friday, August 21, 2026
  • Remote e-voting period: Thursday, August 27, 2026 (9:00 AM IST) to Friday, September 25, 2026 (5:00 PM IST)
  • Service Provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: Mr. Suresh Kumar Kabra, Partner of Samdani Kabra and Associates, Company Secretaries, Vadodara
  • Result Declaration: On or before Monday, September 28, 2026

Director Profiles and Rationale

Mr. Christophe Hannequin

  • Date of Birth: September 6, 1976 (Age 49)
  • Qualifications: MBA from Wake Forest University (USA), Master's from KEDGE business school (France)
  • Professional Background: Former CFO of Schaeffler Group (joined January 2025), previously Group CFO at JCB Group, and various finance roles at Michelin
  • Current Role: CFO of Schaeffler Group with responsibility for Finance and IT, member of Executive Board of Schaeffler AG
  • Remuneration: Has decided not to accept sitting fees or commission
  • Shareholding: Nil

Mr. Chetan Kumar Maini

  • Date of Birth: March 11, 1970 (Age 56)
  • Qualifications: Bachelor of Engineering (Mechanical) from University of Michigan, Master's from Stanford University
  • Professional Background: Pioneer in India's electric mobility ecosystem, on board of Maini Group companies focusing on electric mobility technologies and EV infrastructure
  • Recognition: Honored as Young Global Leader by World Economic Forum
  • Remuneration: Eligible for sitting fees and profit-related commission as approved at 53rd AGM (April 27, 2016)
  • Shareholding: Nil

Document Availability

The complete Postal Ballot Notice is available on:

  • Company website: www.schaeffler.co.in
  • NSDL website: www.evoting.nsdl.com
  • Stock exchange websites: BSE and NSE

Financial Impact

No financial impact quantified in the disclosure. The appointments represent governance changes without immediate financial implications.