SAF Holland : Announcement on dividend and appropriation of profits

SAF-HOLLAND SE

Bessenbach

ISIN: DE000SAFH001

WKN: SAFH00

Announcement on dividend and appropriation of profit

On June 11, 2024, the Annual General Meeting of SAF-HOLLAND SE resolved, in accordance with the resolution proposal of the Management Board and the Supervisory Board, to use a partial amount of EUR 38,585,156.70 of the retained earnings of the Company from the past fiscal year 2023 in the amount of EUR 69,041,306.01 for the distribution of a dividend in the amount of EUR 0.85 per no-par value share entitled to dividend for the past fiscal year 2023 and to carry forward the remaining amount of EUR 30,456,149.31 to new account. Pursuant to § 58 para. 4 sentence 2 of the German Stock Corporation Act (AktG), the entitlement to the dividend is due on the third business day following the resolution of the Annual General Meeting, i.e. on June 14, 2024.

As a rule, the dividend will be paid by the custodian banks via Clearstream Banking AG, Frankfurt am Main, after deduction of 25% capital gains tax and 5.5% solidarity surcharge on the capital gains tax (i.e. a total of 26.375%) and, if applicable, church tax on the capital gains tax. The central paying agent is Deutsche Bank AG, Frankfurt am Main.

The deduction of capital gains tax and the solidarity surcharge shall not apply to shareholders with unlimited tax liability who have submitted to their custodian bank a "non- assessment certificate" from the tax office responsible for them. The same shall apply in whole or in part to shareholders who have submitted an "exemption order" to their custodian bank, insofar as the exemption volume stated in this order has not already been used up by other income from capital assets.

In the case of shareholders with limited tax liability, the withheld capital gains tax including the solidarity surcharge may be reduced in accordance with existing double taxation agreements between the Federal Republic of Germany and the country concerned. A possible refund shall be made by the Federal Central Tax Office upon application.

Bessenbach, June 2024

SAF-HOLLAND SE

Management Board