Volkswagen CFO Dr. Arno Antlitz Appointed to TRATON SE Supervisory Board

Dr. Arno Antlitz has been appointed as a member of the Supervisory Board of TRATON SE by the competent court, marking a significant development in the governance structure of one of the world's leading commercial vehicle manufacturers. This appointment reinforces the existing relationship between Volkswagen AG and its commercial vehicle subsidiary, as Dr. Antlitz currently serves on Volkswagen AG's Group Board of Management with responsibility for Finance and Operations since 2021. His dual roles create a direct link between the parent company's financial leadership and TRATON's oversight body, potentially streamlining decision-making processes and strategic alignment across the automotive group.

The appointment comes at a crucial time for the commercial vehicle industry as it navigates the transition toward sustainable transportation solutions. TRATON SE, as the parent and holding company of the TRATON GROUP, represents a significant force in global commercial vehicle manufacturing with its portfolio of brands including Scania, MAN, International, and Volkswagen Truck & Bus. The company's stated ambition of "Transforming Transportation Together. For a sustainable world" underscores its commitment to driving change in the commercial vehicle sector, and Dr. Antlitz's financial expertise could prove instrumental in balancing sustainability goals with commercial growth objectives.

Dr. Antlitz's position as a shareholder representative on the Supervisory Board further solidifies Volkswagen AG's influence over TRATON's strategic direction. This governance structure ensures that the interests of the majority shareholder are directly represented at the highest level of oversight, potentially facilitating more coordinated financial planning and resource allocation between the two entities. The commercial vehicle market faces increasing pressure to adopt cleaner technologies and meet evolving regulatory requirements, making financial oversight and strategic investment decisions particularly critical for long-term success.

Additional information regarding Dr. Antlitz's professional background and other board mandates can be accessed through the TRATON corporate website at https://www.traton.com. The appointment reflects ongoing efforts to strengthen corporate governance while maintaining the strategic alignment between Volkswagen AG and its commercial vehicle operations. As the industry continues to evolve toward electrification and digitalization, having financial leadership directly involved in supervisory board functions could enhance TRATON's ability to navigate the complex financial landscape of transportation transformation while maintaining competitive positioning in global markets.