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HAWE Hydraulik SE, in cooperation with BayernLB, which acted as sole lead arranger, has for the first time placed a significantly oversubscribed ESG-linked promissory note loan with a total volume of EUR 75 million with investors. Both fixed and variable tranches with maturities of 3, 5 and 7 years were subscribed. The linking of the financing conditions to the two ESG KPIs CO2 emissions and occupational accident frequency underlines the Group's sustainability claim.

In order to meet the requirements of our customers, the selection of materials plays a crucial role in the development and manufacture of every component of our products. Therefore, the rigorous implementation of a ban on PFAS would severely impact a large number of HAWE product families (over 2000 products and more than 70 product families).

HAWE Hydraulik's new ESG microsite provides a comprehensive overview of the projects and goals HAWE employees are working on worldwide. The measures show concretely how the company implements its sustainability strategy.

In line with the HAWE Hydraulik SE's strategy to focus more strongly on the North American market, the 100% subsidiary HAWE Hydraulik Canada Inc., based in Mississauga, Ontario, was founded as of July 1, 2023. HAWE is thus consistently pursuing its three-continent sales strategy.

As of July 1, 2023, Jiang Ye will take over the Market Relationship Management board at HAWE Hydraulik as CSO (Chief Sales Officer). Since January 2021, he has been Regional Director for APAC. He will continue in this role and will now expand his area of responsibility to include worldwide regional sales. Robert Schullan, who has held the position of CSO since April 2018 and the position of CEO jointly on the Board of Management for HAWE since July 2019, will remain in charge as CEO until the end of 2023 and will then retire. He will be succeeded as CEO (Spokesman of the Board) by Wolfgang Sochor. This early succession plan ensures a seamless transfer of responsibility in this position as well.

As of 01 July 2023, the position of Member of the Board of Management for Finance, Accounting, Controlling, Compliance, Tax, Legal and IT (CFO) at HAWE Hydraulik has been filled. With Sebastian Brand, 40, a very experienced candidate in the finance sector joins the company.