Structure and Organization

The SHW AG is the parent company of the SHW Group and a pure holding company. It holds all shares of SHW Zweite Beteiligungs GmbH with its registered office in Aalen-Wasseralfingen, an intermediate holding company which, in turn, holds all shares of SHW Automotive GmbH with its registered office in Aalen-Wasseralfingen. In addition, SHW AG directly or indirectly holds all shares of the international subsidiaries SHW do Brasil Ltda. with its registered office in São Paulo, Brazil and of SHW Automotive CZ, s.r.o., with its registered office in Brno, Czech Republic. SHW Automotive GmbH holds all shares of its Chinese subsidiary SHW Automotive Pumps (Shanghai) Co., Ltd. as well as SHW Industries GmbH. The operations of the SHW Group are conducted by SHW Automotive GmbH and its subsidiaries.