Klaus Eberhardt to continue as Chairman of the Supervisory Board of MTU Aero Engines AG

Munich, June 17, 2020 - Klaus Eberhardt (72) will continue to lead the Supervisory Board of MTU Aero Engines AG. This was decided unanimously by the Supervisory Board at its meeting today. Maintaining continuity at the helm of the Supervisory Board is a response to the special challenges presented by the coronavirus crisis.

“I am pleased to accept the task of continuing to actively accompany MTU’s development. The Supervisory Board has worked extremely well together in its existing composition and developed considerable expertise in issues concerning the company and the industry. Based on this, we, together with the Executive board, will successfully meet the crisis-related challenges,” said Eberhardt.

At its meeting today, the Supervisory Board also decided unanimously to raise the previously valid age limit for Supervisory Board members in general to 75. Given a general increase in life expectancy, this step will contribute to being able to secure valuable expertise and experience especially in MTU’s long-term business model.

The Annual General Meeting of MTU Aero Engines AG will be held virtually on August 5, 2020. Re-election of Eberhardt is not necessary, since his Supervisory Board mandate lasts until 2023.