New Composition of the Hansgrohe Supervisory Board

Hansgrohe SE: New Masco Corporation and Employee Representatives Appointed to the Supervisory Board

Schiltach, May 2025. At the Annual Shareholder Meeting of Hansgrohe SE on May 15, 2025, two new members were appointed to the Supervisory Board. The composition of the Supervisory Board on the part of the majority shareholder Masco is changing due to the departure of long-standing Supervisory Board member Keith Allman (President and CEO of Masco Corporation), who is retiring. “On behalf of the entire Supervisory Board, I would like to thank Keith Allman for his more than 12 years of tireless commitment to the Supervisory Board of Hansgrohe,” says Klaus F. Jaenecke, Chairman of the Supervisory Board. “The trusting and cooperative partnership with Masco, which has existed since 1985, has contributed to the Hansgrohe Group's excellent development over the past four decades. In his role as a member of the Supervisory Board, Keith Allman has made a significant contribution to this, not only with his proven expertise, but also with his strong personality. We wish him all the best for his retirement.”

Jonathon J. Nudi has been appointed as his successor. He will succeed Allman as President & CEO of Masco Corporation on July 7, 2025. “With Jonathon J. Nudi, we welcome a competent and experienced representative of our majority shareholder to the Hansgrohe Supervisory Board. We look forward to working with him,” adds Klaus F. Jaenecke.

There was also a change with regards to the employee representatives. Hülya Inciroglu will join the Supervisory Board as a member based on the election of employee representatives on April 26, 2022, since Matthias Dittmann is stepping down from the Supervisory Board. “The entire Supervisory Board would also like to thank Matthias Dittmann for his commitment over the past three years and the constructive cooperation,” explains Klaus F. Jaenecke, Chairman of the Hansgrohe Supervisory Board. “With Hülya Inciroglu, we have gained an experienced member of the Works Council for our committee, and we look forward to working with her.”

Richard Grohe, grandson of company founder Hans Grohe and member of the Supervisory Board, was re-elected by the Annual General Meeting to represent Verwaltungs- und Beteiligungs-GmbH Syngroh on the Supervisory Board after his term of office expired. The other members of the Hansgrohe Supervisory Board also remain unchanged: Klaus F. Jaenecke (Chairman), Jai Shah (Deputy Chairman/Group President, Masco Corporation) and Jürgen Nähr (elected employee representative, Hansgrohe SE).

About the Hansgrohe Group – Setting the Beat of Water. Since 1901.

With its brands AXOR and hansgrohe, the Hansgrohe Group, based in Schiltach/Southern Germany, enjoys a reputation as a leader in innovation, design and quality within the bath and kitchen industry. Founded in 1901 in the Black Forest, the company gives water form and function with its faucets, showerheads and shower systems. In combination with sanitary ceramics and bathroom furniture, the company offers individual design options from a single source for holistic bathroom experiences. The 124-year history of the company is marked by innovations, such as the first hand-held shower with multiple spray types, the first pull-out kitchen faucet, and the first wall bar to hold a hand-held shower.The company holds more than 23,000 active property rights. The Hansgrohe Group stands for long-lasting quality products and for responsibility towards people and the environment. Sustainable production of resource-conserving products is central to the company’s business activities around the globe. By developing innovative technologies for faucets and showers, Hansgrohe achieves the greatest possible effect on protecting water as a resource and limiting and adapting to climate change during the usage phase of its products. As part of its consistent sustainability strategy, Hansgrohe is equipping all water-bearing products exclusively with water-saving technologies by 2030 within its "ECO 2030" initiative. With 35 subsidiaries and 22 sales offices supplying products in more than 145 countries, the globally active company in the sanitary industry is a reliable partner to its customers in all regions of the world. The Hansgrohe Group, its brands and products have won numerous awards, including more than 800 design prizes since 1974. The products of the Hansgrohe Group are found around the world: on renowned cruise ships, in luxurious 5-star and boutique hotels, in international metropolitan cities, in extraordinary spas, exclusive bathrooms of lodges and luxury villas, public facilities, as well as in countless private homes. The Hansgrohe Group’s high quality standards are ensured by eight wholly-owned production facilities: four in Germany, one each in France, in Serbia, the United States and China. In 2024, the Hansgrohe Group generated a turnover of EUR 1.387 billion. It employs around 5,600 people worldwide, about 60 percent of whom work in Germany.