Explanatory statement by the board of management in connection with sections 289a (1) and 315a (1) HGB

The disclosures contained in the combined management report and management report pursuant to sections 289a (1) and 315a (1) HGB relate to arrangements that may be significant in the success of the purchase of shares in DEUTZ AG for the purpose of any public takeover bid. It is the opinion of the Board of Management that these arrangements are normal for publicly traded companies comparable with DEUTZ AG.