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ZF Friedrichshafen AG Appoints Mr. Suresh KV to

drive the India Growth Story

Appointment of new Country Head to further the growth of

the company in India

Pune/India, ZF Friedrichshafen AG today announced the

appointment of Mr. Suresh KV as the new Country Head of ZF in India and in addition Head of ZF India Pvt. Ltd., the hundred

percent subsidiary of ZF Friedrichshafen AG, effective from June

1st, 2015.

In this role, Mr. Suresh KV will be responsible for the performance

and development of all lines of business for ZF in India, as well as for the operations in ZF India Pvt. Ltd.

Commenting on this new development, Mr. Rudi von Meister,

President for ZF Asia Pacific, said, “As ZF opens this new chapter, the ZF Board and I are confident that Mr. Suresh KV is the right

person to lead the company in the Indian market. Suresh KV has

been working with us since 2007 and was appointed as the

Executive Director of ZF Wind Power Coimbatore Ltd. in 2010. He

has a proven ability to create strategic clarity, drive innovation and growth, ensure disciplined execution, and deliver results. We

believe that under his leadership ZF will continue to deliver

innovations and customer satisfaction that will have a positive

impact on the Indian market. I would also like to take this

opportunity to thank Mr. Piyush Munot for his much appreciated support and commitment to the expansion of the ZF presence

during his long tenure with the Company.”

Suresh KV

As a graduate engineer from REC Calicut (presently NIT Kozhikode) and a PGDMM from SP Jain Institu te of Management

Mumbai, Suresh KV started his career in 1989 with Asian Paints

Limited. His professional experiences include stints with Bajaj

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Auto, Visteon India and Philips. He joined ZF India in 2007

erstwhile Hansen Drives Ltd. as General Manager (Operations

Centre) and became the Executive Director in November 2010.

ZF in India

ZF has been operating for more than three decades in the Indian

market. Currently, ZF’s presence in India consists of nine plants spread across Pune, Pantnagar, Gurgaon, Chennai, Coimbatore and

Madurai, and roughly 3000 employees.

Photo Caption: Mr. Suresh KV will be responsible for ZF’s business in India.

Press Contact:

Rashmi Parkhi, Manager PR & Communication, ZF India Pvt. Ltd., Phone:+91 7709008584, email: rashmi.parkhi@zf.com

ZF is a global leader in driveline and chassis technology as well as active and

passive safety technology. The company, which acquired TRW Automotive on

May 15, 2015, is now represented at about 230 locations in some 40 countries.

The two companies, which were still independent in 2014, achieved a sales figure

exceeding €30 billion with 134,000 employees. As in previous years, both

companies have invested approximately 5 percent of their sales in Research and

Development (recently €1.6 billion) in order to be successful with innovative

products. ZF is one of the top three automotive suppliers worldwide.

ZF Services ensures that ZF systems expertise is carried forward consistently into

the aftermarket. With integrated solutions and the entire ZF product port folio, the

business unit guarantees the performance and efficiency of vehicles throughout

their lifecycle. Driveline and chassis technology by ZF is offered in the

aftermarket business using the well-established product brands Sachs,

Lemförder, Boge, ZF Lenksysteme, and ZF Parts. With its global service network

and portfolio tailored to customer requirements, ZF Services has also become a

popular partner in the non-automotive sector.

In 2015, the company will celebrate its centennial. Originally named

Zahnradfabrik GmbH, ZF was founded in Friedrichshafen in 1915 by Luftschiffbau

Luftschiffbau Zeppelin GmbH among others. In its early years, the company

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developed, tested, and manufactured aircraft transmissions. After 1919, the

company's focus shifted to the automotive and commercial vehicle industry under

Alfred Graf von Soden-Fraunhofen, the first general manager and later head of the

company. In this sector, the company registered numerous patents for innovative

transmission technology and established itself once and for all as a major

technology supplier. The first location outside Europe was founded in Brazil in

1958, launching a globalization drive that still continues. In addition, ZF constantly

expanded its range of expertise - also through acquisitions. In 1984, ZF acquired

the majority share in Lemförder Metallwaren & Co. KG, a move which extended

the product portfolio to include chassis technology. In 2001, ZF took over the

former Mannesmann Sachs AG to strengthen its value added chain with driveline

and chassis components. It adopted the current name of ZF Friedrichshafen AG in

1992. Today' s product range includes driveline and chassis technology such as

transmissions, driveline and chassis components, as well as complete axle systems

and modules. ZF products are used in passenger cars, commercial vehicles,

construction and agricultural machinery, rail vehicles, and marine applications.

The company also focuses on the wind power and electronic components business.

In addition, ZF Services represents the Group on the international aftermarket. In

May 2015, ZF completed the acquisition of the U.S. automotive supplier TRW

which had been previously announced in 2014.

The shareholders of ZF Friedrichshafen AG are the Zeppelin Foundation,

administered by the City of Friedrichshafen, holding a share of 93.8 percent, and

the Dr. Jürgen and Irmgard Ulderup Foundation, Lemförde, with 6.2 percent. The

"Motion and Mobility" slogan clearly states the company's core mission: Right from

its foundation, ZF has developed and manufactured innovative products for all

people around the globe who want to move things reliably, comfortably, and safely

and experience the ultimate in efficient mobility. Quality, technological leadership,

and innovative power have always defined the Group's identity – today as much as

ever.

For further press information and photos please visit: www.zf.com

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