SUPERIOR INDUSTRIES INTERNATIONAL, INC. (NYSE:SUP) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry Into A Material Definitive Agreement

As previously disclosed, on March 23, 2017, Superior Industries International, Inc. (“Superior”) announced that it had entered into various agreements to commence a tender offer (the “Tender Offer”) to acquire all of the outstanding shares of Uniwheels AG (“Uniwheels”). On May 18, 2017, Superior increased the cash consideration per share to be paid to Uniwheels stockholders (other than Uniwheels Holding (Malta) Ltd.) from Polish Zloty 236.07 per share to Polish Zloty 247.87 per share. Assuming all Uniwheels shares are tendered in the Tender Offer, this change will result in an increase in the aggregate equity purchase price for Uniwheels of approximately $15 million. All other material terms of the Tender Offer and other related agreements described in Superior’s Form 8-K filed with the Securities and Exchange Commission on March 24, 2017 remain the same.

About SUPERIOR INDUSTRIES INTERNATIONAL, INC. (NYSE:SUP)

Superior Industries International, Inc. is engaged in the design and manufacture of aluminum wheels for sale to original equipment manufacturers (OEMs). The Company supplies cast aluminum wheels to automobile and light truck manufacturers, with wheel manufacturing operations in the United States and Mexico. The Company offers wheels in a range of finishes, which include Bright Machined, Polished Face with Painted Window, Fully Painted, Premium Paint, Polished, Chrome Clad and Mirror Finish Ultra Bright Machining. The Company’s products, which are manufactured in its North American facilities, are delivered primarily to automotive assembly operations in North America for global OEMs. Its OEM aluminum wheels are primarily sold for factory installation, as either optional or standard equipment, on various vehicle models. As of December 31, 2015, the Company operated five manufacturing facilities in the United States and Mexico.

SUPERIOR INDUSTRIES INTERNATIONAL, INC. (NYSE:SUP) Recent Trading Information

SUPERIOR INDUSTRIES INTERNATIONAL, INC. (NYSE:SUP) closed its last trading session down -0.60 at 18.95 with 293,050 shares trading hands.