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Supervisory Board announces resolution on independent inquiry

(PresseBox) (Munich, ) The Supervisory Board of MAN AG unanimously resolved an independent inquiry yesterday into the regularity of business activities conducted by MAN AG and its subgroups as a result of the bribery allegations levied against the Company. The compliance organization is also set to be examined.

The Supervisory Board's decision underscores the Company's will to clear up the allegations levied quickly and completely while also supporting the Executive Board in its efforts to clarify the matter. The Audit Committee has already dealt with the case since the investigations by the public prosecution authorities came to light.

The Berlin office of law firm Wilmer Hale has been commissioned to conduct the independent inquiry. It will report to the Supervisory Board and the Audit Committee of MAN AG on a regular basis.