Publication of inside information in accordance with Article 17 MAR

HWA AG to receive new commissioning for DTM

Affalterbach, 11 October 2018 – HWA AG is at an advanced stage of negotiations regarding a new commission for its motorsports activities in the DTM racing series. As already communicated in July 2017, Daimler AG will not continue these activities beyond 2018. With the termination of Daimler AG's DTM commitment, the Board of Management has made extensive efforts to compensate for the decline in sales from 2019 onwards by means of new projects.

HWA AG is to be commissioned to continue its DTM activities via the planned joint venture between HWA AG and AF Racing AG, for which HWA AG published corresponding details on July 26, 2018. In the joint venture, the development, production and deployment of Aston Martin DTM vehicles is planned, among other things, under the license of Aston Martin Lagonda Ltd., which AF Racing AG holds. HWA AG will be responsible for the operative implementation of the project.

With its entry into Formula E in the 2018/2019 season and the planned implementation of the new DTM project, HWA AG will be able to partially compensate for the decline in sales from the DTM project with Daimler AG in 2019.

Investor Relations

Volker Glaser
Benzstrasse 8
D-71563 Affalterbach
Telefon: + 49/ (0) 7144/ 8717- 279
Telefax: + 49/ (0) 7144/ 8718- 111

About HWA AG

HWA AG is an independent, 360° engineering specialist in the fields of automobile racing and high-performance cars. Formed in 1998 by Hans Werner Aufrecht, the company is based in Affalterbach (Germany) and employs roughly 300 highly-qualified members of staff. HWA AG offers all its products and services under the motto ENGINEERING SPEED: The company’s objective is to develop the best possible, high-quality solutions, in order to get its partners and customers to their destination quicker. The portfolio of services ranges from designing all vehicle components to assembling complete cars, together with the relevant logistics, after-sales and support services.