Press-Information 2015-117 Schmitz Cargobull AG, Horstmar, 18 February 2015 Tyre Manufacturer Hankook and Schmitz Cargobull are extending the cooperation Tyre manufacturer Hankook and Schmitz Cargobull AG, Europe's leading manufacturer of truck trailers, are extending their cooperation. The innovative manufacturing and intelligent production technologies used by the company, which specializes in the production of semitrailers for heavy-duty trucks, set benchmarks for especially efficient transport solutions. Hankook TBR trailer tyres have been available as original fitment tyres for years as premium products for all Schmitz Cargobull trailer types. In addition to the long-term extension of delivery contracts, the two companies have now also agreed on their future strategic cooperation on an international level. Premium tyre manufacturer Hankook will deliver its state-of-the-art, particularly environmentally friendly and efficient TBR trailer tyres which have been adapted to European conditions, including the Hankook series e-cube/e-cube MAX and SmartWork, as original fitment tyres to Schmitz Cargobull AG in future as well. The two companies recently signed and sealed details of their further long-term cooperation. Horstmar-based Schmitz Cargobull AG is Europe's market leader in the truck trailer segment. The original fitment business with Hankook TBR trailer tyres for Schmitz Cargobull will initially concentrate on the European market and currently covers 9 trailer sizes in the 19.5 and 22.5 inch range, including the new mega-trailer size 455/40 R 22.5 of the efficient Hankook e-cube MAX series. All Hankook tyres are delivered directly to the company's manufacturing site. Hankook premium truck tyres are fitted to the award-winning Schmitz Cargobull trailers for national and international heavy duty traffic. The Hankook tyres used include the e-cube and e-cube MAX series for international long-haul traffic, which have been optimized particularly in terms of rolling resistance, as well as the Hankook SmartWork series for construction businesses, for example. Specially adapted for the respective application, the designated tread patterns score particularly in the areas of environmental friendliness and service life – relevant for the increasingly important aspect of TCO (Total Cost of Ownership) in the transport business. “In addition to the use of our modern truck tyres by globally leading truck manufacturers as original equipment, the expansion of our cooperation with Schmitz Cargobull AG is further proof of the recognition of our high product quality and innovative strength. It will give us a further boost for the expansion of our pan-European activities in this segment,” says Ho-Youl Pae, Hankook Tire COO for Europe. “We are extremely pleased to be intensifying our cooperation even further and are proud of the fact that our tyres and services meet the requirements of the market leader in terms of performance, efficiency and sustainability,” adds Dietmar Olbrich, Vice-President Marketing and Sales for the German-speaking markets. Side 2 2015-117 “The further and long-term extension of the strategic partnership with Hankook is the right logical step for us, since Hankook's strategy supplements the SCB strategy,” says Bernhard Schmitz, managing partner at Schmitz Cargobull AG. “We feel that the long-term cooperation with Hankook will support our premium products so that we can deliver optimum transport solutions to our customers,” adds Alain Versace, Head of Tyre Business Development at the company. About Hankook Tire Hankook Tire is one of the world's largest and fastest growing tyre manufacturers for innovative, high-quality and high-performance radial tyres for passenger cars, light trucks, SUVs, RVs, trucks, and buses as well as motorsports (circuit racing/rallies). Aspiring to bring consumers the utmost excellence in quality and driving satisfaction, Hankook Tire continuously invests in research and development maintaining five global R&D centres located in Korea, Germany, USA, China and Japan. Bespoke tyre solutions for the European markets as well as European Original Equipment according to the requirements of leading car manufacturers, are developed in the company’s regional Technical Centre in Hanover/Germany. Production is taking place in the state-of-the-art European production site in Rácalmás/Hungary which was inaugurated in June 2007 and is continuously being expanded. Currently more than 2,700 employees produce approximately 13 million tyres a year for passenger cars, SUVs and light trucks. Upon completion of the latest production unit in 2014/15 the factory’s production capacity will increase up to 19 million tyres per year. Hankook Tire’s European headquarters are located in Neu-Isenburg near Frankfurt am Main in Germany. The manufacturer operates further branches in Europe in Germany, UK, France, Italy, Spain, the Netherlands, Hungary, Russia, Turkey, Sweden and Poland. Hankook products are sold directly through regional distributors in other local markets. Hankook Tire employs more than 20,000 employees worldwide and are selling their products in over 180 countries. Internationally leading car manufacturers rely on tyres made by Hankook for their original equipment. More than 30 percent of the company's global sales are generated within the European and CIS-Region. About Schmitz Cargobull AG: With an annual production of 45,113 vehicles and around 5,100 employees, Schmitz Cargobull AG is Europe's leading manufacturer of semi-trailers and trailers. Turnover increased by 7.5% in the financial year 2013/2014, rising to €1.624 billion. As a pioneer in the industry, the North German company developed a comprehensive brand strategy early on and consistently established quality standards spanning every level: from research and development, to production and specialist services such as trailer telematics, financing, used vehicles, spare parts and Full Service. Side 3 2015-117 Image 1: Schmitz Cargobull Trailer and Hankook TBR Long Haul Trailertyre TL10+ e-cube MAX Image 2: (from left) Hankook Vice-President Hyun-Jun Cho , Alain Versace, Bernhard Schmitz, Dietmar Olbrich, (not in the photograph: Hankook Europe COO Ho-Youl Pae) Contact: Schmitz Cargobull AG | Bahnhofstraße 22 | D-48612 Horstmar Gerd Rohrsen Head of Corporate Public Relations Fon: +49 (0) 2558 81-1323 Fax: +49 (0) 2558 81-1287 gerd.rohrsen@cargobull.com Silke Hesener Corporate Public Relations Fon: +49 (0) 2558 81-1501 Fax: +49 (0) 2558 81-1287 silke.hesener@cargobull.com Hankook Tire Europe GmbH | Siemensstr. 5a, 63263 Neu-Isenburg | Germany Felix Kinzer Director Public Relations Europe Fon: +49 (0) 61 02 8149 – 170 f.kinzer@hankookreifen.de Susanne Baun Public Relations Europe Fon: +49 (0) 6102 8149 – 172 s.baun@hankookreifen.de For more information please visit www.hankooktire-press.com or www.hankooktire-eu.com or www.cargobull.com