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Quotas for the number of women

The law on the equal entitlement of women and men to hold management positions in the private sector and in public service, which was passed by the German Bundestag on 6 March 2015, regulates the stipulation of targets for quotas for the number of women on governing bodies and at senior levels of management.

Rheinmetall Automotive regards the employment of women, particularly in management positions, as a natural and important component of its diversity and an opportunity for further development. The employment of women in management and in other leadership roles will in future be promoted more strongly and any existing restrictions will be removed. This will lead to a lasting change in the corporate culture. This process will have to take into account better ways of balancing work and family life. Nevertheless, vacant positions will continue to be filled with the most suitable candidate in terms of professional qualifications and personal qualities, irrespective of their gender. In addition, continuity in terms of the individuals occupying key positions in senior management must be ensured in the company's interests. It is therefore not possible to change the people holding these positions on the basis of gender alone.

For Rheinmetall Automotive AG as well as for the subsidiaries that are subject to codetermination, the following quotas for the number of women in supervisory boards, management bodies and the two levels of management below the management body have been stipulated on the basis of the status quo on 1 July 2015 until 30 June 2017:

 

Objective percentage of women in management levels till 30 June 2017

CompanyManaging Board/
Managing
Director

1st management level

2nd management level
Rheinmetall Automotive AG0%12.5%0%
Pierburg GmbH0%5.9%9.1%
KS Kolbenschmidt GmbH0%8.3%14.3%
KS Gleitlager GmbH0%0%0%
KS HUAYU AluTech
GmbH
0%25%0%
Pierburg Pump
Technology GmbH
0%0%4%


Objective percentage of women in Supervisory Boards till 30 June 2017

CompanyObjective
Rheinmetall Automotive AG8%
Pierburg GmbH22.22%
KS Kolbenschmidt GmbH0%
KS Gleitlager GmbH0%
KS HUAYU AluTech GmbH11.11%
Pierburg Pump Technology GmbH16.67%