Schaeffler donates 1M Euros to Red Cross for COVID-19 response

Schaeffler AG and the Schaeffler family are jointly donating one million euros to the Red Cross to help in the fight against COVID-19.

Family shareholder and Chairman of the Supervisory Board of Schaeffer AG, Georg F. W. Schaeffler says: "We have the greatest respect for all people who maintain our infrastructure with extraordinary commitment in this exceptional situation. With our donation we want to express our gratitude and respect to the doctors and medical nurses who are doing superhuman work in the fight against Covid-19 these days."

In February, Schaeffler AG donated 800,000 euros to Chinese first-responder organisations and provided support for Red Cross activities in China. Schaeffler AG Chief Executive Officer Klaus Rosenfeld says: "The corona crisis has assumed global dimensions. In these difficult times, we must all do what we can to support the fight against COVID-19. That is part of our social responsibility."

Learn more at www.schaeffler.co.uk.

Schaeffler (UK) Ltd

Unit 308, Fort Dunlop
Fort Parkway
BIRMINGHAM
B24 9FD
UNITED KINGDOM

+44 (0)121 313 5830

info.uk@schaeffler.com

www.schaeffler.co.uk

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