'Diversity' Now Officially Part of Strategy - Grammer AG Signs Diversity Charter

'Diversity' Now Officially Part of Strategy

Grammer AG Signs Diversity Charter

Amberg July 4, 2012 - The globally active company Grammer AG has declared diversity as one of the central elements of its corporate strategy. It signed the Diversity Charter, an initiative to promote diversity in enterprises, in June 2012.

Diversity Manager Responsible for Anchoring 'Diversity' in the Corporate Culture

This step has already been implemented in the organization: Jutta Winkelsträter has been the Grammer Group's official 'diversity manager' since mid-2011. 'Nothing is more important for success than the ability to innovate,' she says. 'Creative solutions arise when different ideas, viewpoints, and opinions come together.' She stresses that heterogeneous teams are therefore essential for the business success of any company in this day and age. 'Grammer will inform the public each year about its activities and progress in fostering diversity,' commented Manfred Pretscher, a member of the company's executive board and its labor director. 'We are actively involving our employees in putting the Charter into practice.'

A Commitment to Diversity - Both Internally and Externally

In signing the Diversity Charter, companies pledge to create a working environment that is free of prejudices. All of their employees should be valued - regardless of their sex, race, nationality, ethnicity, religion or ideology, any disabilities, age, sexual orientation, and identity. The Charter is now being supported by more than 1,100 German companies, associations, clubs, and initiatives as well as by the German federal government; its patroness is Chancellor Angela Merkel. The most prominent signatories include companies such as Daimler and Deutsche Bank, but also large organizations like the German Football Association (DFB).

Company Profile

GRAMMER AG, Amberg, Germany, is specialized in the development and production of components and systems for automotive interiors as well as driver and passenger seats for offroad vehicles (tractors, construction machinery, forklifts), trucks, buses and trains. In the Automotive division, we supply headrests, armrests, and center console systems to premium automakers and automotive system suppliers.

Our Seating Systems division comprises the truck and offroad seat segments as well as train and bus seating. GRAMMER is represented in 18 countries worldwide with a workforce of approx. 9,000 employees across its 24 fully consolidated subsidiaries.

GRAMMER shares are listed in the S-DAX segment of the German Stock Exchange, and are traded on the Munich and Frankfurt stock exchanges, via the Xetra electronic trading platform and on the OTC markets of the Stuttgart, Berlin and Hamburg stock exchanges.

Contact:
GRAMMER AG
Ralf Hoppe
Phone: 0049 9621 66 2200
investor-relations@grammer.com