Guidelines and reports

The Market Abuse Directive (Article 19, Paragraph 1, MAD) requires the members of the board of management and supervisory board and other executives who are authorized to make material entrepreneurial decisions on the part of the issuer and have regular access to inside information to immediately notify the issuer and Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin German financial supervisory authority) of transactions in shares of the company or financial instruments based on them within three working days. This obligation also extends to other persons who are closely associated with such individual. The company is obliged to immediately publish an announcement that such a transaction subject to notification has taken place.
The requirement for notification is waived for as long as the total volume of transactions undertaken by any individual entrusted with executive power and the person closely associated with that individual is less or equal to 20,000 euros within a calendar year.

Additional information is available on the website of Bundesanstalt für Finanzdienstleistungsaufsicht (BaFin German financial supervisory authority): www.bafin.de

Disclosure of transactions by leading persons pursuant to Article 19, Paragraph 1, Market Abuse Directive:

Every year, the Executive Board and the Supervisory Board of publicly listed stock corporations are required to issue a statement declaring that the recommendations of the "Government Commission on the German Corporate Governance Codex“ have been observed and/or detailing the recommendations that have not been followed, or are not followed. The statement must be kept permanently available to the shareholders. The compliance statements pertaining to previous years are available in PDF format for download at the end of the page.

Declaration of conformity with the German Corporate Governance Code by the Executive Board and Supervisory Board of MTU Aero Engines AG, pursuant to Section 161 of the German Stock Corporation Act (AktG)

In December 2024, the Management Board and Supervisory Board declared that all recom-mendations of the “Government Commission on the German Corporate Governance Code” published by the Federal Ministry of Justice in the official section of the Federal Gazette in the version dated April 28, 2022 have been and will be complied with. This declaration is updated as follows:

Code recommendation section B.3: The initial appointment of members of the Management Board should be for a maximum of three years.

In deviation from the aforementioned recommendation of the Code, Dr. Johannes Bussmann has been appointed to the Management Board for a period of five years upon the departure of the current Chairman of the Management Board. As in the past, the duration of an initial appointment is determined by the Supervisory Board on a case-by-case basis and in the best interests of the company.

In the view of the Supervisory Board, the duration of the initial appointment is in the best interests of the company in view of Dr. Bussmann's qualifications and experience, as well as to ensure a stable management structure and the implementation of long-term strategic goals.

Apart from that, the previous declaration of conformity continues to apply without restriction.

Munich, December, 2024

For the Executive Board: Lars Wagner, Chairman
For the Supervisory Board: Gordon Riske, Chairman