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      February 19, 2021

      Continental AG: Executive Board Recommends Suspension of Dividend for Fiscal 2020

      In the course of the preparation of the annual financial statements for 2020 and the resulting negative net income attributable to the shareholders of the parent, the Executive Board of Continental AG has decided today to propose a suspension of the dividend for fiscal 2020 to the Annual Shareholder Meeting on April 29, 2021. The Company remains committed to its targeted mid-term dividend payout ratio of 15 to 30 percent of the net income attributable to the shareholders of the parent.
      The meeting for the adoption of the financial statements for fiscal 2020 by the Supervisory Board is planned in March 2021. The preliminary financial figures for fiscal year 2020 will be released on March 9, 2021.

      Contact:
      Person making the notification: Bernard Wang, Head of IR

      Continental AG / Key word(s): Dividend
      Continental AG: Executive Board Recommends Suspension of Dividend for Fiscal 2020

      19-Feb-2021 / 18:34 CET/CEST
      Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
      The issuer is solely responsible for the content of this announcement.