Knorr-bremse Ag · XETR:KBX
Knorr-bremse — Investor Presentation (2026)
82 slides from Knorr-bremse's investor presentation, 2026
Slide 1: Fact Book
KNORR-BREMSE
Slide 2: Agenda
Agenda Introduction Key Company Highlights Rail Vehicle Systems (RVS) Commercial Vehicle Systems (CVS) R&D Focus Financials Sustainability KB shares/ KB bonds Appendix 2
Slide 3: The Knorr-Bremse leadership team
The Knorr-Bremse leadership team Marc Llistosella, Frank Weber Dr. Claudia Mayfeld Bernd Spies Dr. Nicolas Lange Member of the Board, CEO Member of the Board, CFO Member of the Board, Member of the Board, CVS Member of the Board, RVS Integrity & Legal 2023-present: Knorr-Bremse | 2020-present: K
Slide 4: Knorr-Bremse – One of Germany’s most successful industrial companies
Knorr-Bremse – One of Germany’s most successful industrial companies 115 #1 YEARS Entrepreneurship-driven Global market leader Shared pneumatics experience Technology business culture for braking systems between RVS and CVS leadership 2025 Key financials op. EBIT R&D Sales Aftermarket € 1.0bn € 534m
Slide 5: Over 30 years of consistent strong growth
Over 30 years of consistent strong growth 1985 Image result for brake 2000 2015/18 2010-2018 2022 2025 Management Bendix integrates Joint Venture with €1bn+ capex invested Investment in Cojali Acquisition of duagon buyout by Mr. Thiele Westinghouse Air JV DongFeng Motor goes to future-proof Brake co
Slide 6: Corporate values
Corporate values Technological Entrepreneurship Passion Reliability Responsibility Excellence Knorr-Bremse regards We are passionate Safety is the basis for As a globally operating Knorr-Bremse stands challenges as about what we do everything we do – and company Knorr-Bremse for technologi
Slide 7: Agenda
Agenda Introduction Key Company Highlights Rail Vehicle Systems (RVS) Commercial Vehicle Systems (CVS) R&D Focus Financials Sustainability KB shares/ KB bonds Appendix 7
Slide 8: Global market leader in rail and truck
Global market leader in rail and truck Market Market outperformance Innovation edge leadership Track record of above industry A global market leader growth Shaping industry trends by ~50% market share1 in RVS brakes focusing on safety and mission critical applications/ systems ~23% market share1 in
Slide 9: Global #1 – Leading supplier of safety-critical rail and commercial vehicle systems
Global #1 – Leading supplier of safety-critical rail and commercial vehicle systems RVS offering (2025: 55% of revenues, 70% of EBIT) CVS offering (2025: 45% of revenues, 30% of EBIT) Brake Entrance HVAC1) RCC2) Couplers Fuel efficiency Brake systems, steering & vehicle dynamics systems systems En
Slide 10: Global #1 – protected by high barriers to entry
Global #1 – … protected by high barriers to entry Market specifics Only supplier world-wide Barriers to entry for RVS and CVS markets certified for all global and local standards and norms (GOST, UIC, AAR, ARA) Regulation / homologation RVS Vast array of product variants to homologate Low volumes, h
Slide 11: KB has maintained and expanded its market leading positions
KB has maintained and expanded its market leading positions Market positions Global brakes market shares1 Market positions Global brakes market shares3 key product groups1 key product groups3 ~3x #1 ~50% #1 Brake systems & Brake systems vehicle dynamics4 ~1.5x #1 #1 Energy supply & Entrance systems
Slide 12: Resilience – Strong business model
Resilience – Strong business model Strong resilience of growth and profitability Different economic cycles High aftermarket share ~50/50 split RVS and CVS (by sales) ~46% total sales1) Different market drivers − 56% of RVS sales1) − Market cycle (CVS) vs. no cycle (RVS) − 34% of CVS sales1) −
Slide 13: Resilience – Attractive aftermarket business with comprehensive service offering
Resilience – Attractive aftermarket business with comprehensive service offering drives profitability and contains high future potential Aftermarket is the growth and resilience backbone Key features Aftermarket revenues 2025 (€bn) Annuity-like Regulated maintenance intervals 2.4 Leverages high
Slide 14: Synergistic business – Technology and scale benefits between Rail and Commercial Vehicles
Synergistic business – Technology and scale benefits between Rail and Commercial Vehicles Interdependence of RVS and CVS Future technology development Differences of RVS and CVS Same core technologies Shared research centres Serial business (CVS) vs. project business (RVS) Shared components
Slide 15: Innovation is the basis of KB’s technology leadership and long-term success
Innovation is the basis of KB’s technology leadership and long-term success True Scale: ~5,000 R&D employees Pioneering innovations (examples) Thereof >800 software engineers 5 global R&D centers (3 co-located) RVS CVS Digital automatic Electric power coupler for freight Agile R&D methods implemente
Slide 16: We confirm our successful strategy
We confirm our successful strategy 1 Systematically develop base portfolio 2 Focus on attractive segments for future outperformance in rail and truck 3 Drive innovation & digitalization 4 Clear M&A strategy 5 Operational excellence 6 ESG and sustainability 7 Strong financial performance 16
Slide 17: Knorr-Bremse is ideally positioned to shape the trends of the future
Knorr-Bremse is ideally positioned to shape the trends of the future Urbanization Sustainability Digitalization Mobility Industry trends: addressing industry trends with superior technological solutions Transport Capacity Traffic Safety Availability Emission Reduction & E-Mobility Eco Friendliness A
Slide 18: Knorr-Bremse will continue to grow its core business and develop new levers of growth
Knorr-Bremse will continue to grow its core business further and will also develop new levers of growth Digitalization Connectivity / Automated E-Mobility/ New growth Digital Truck Driving Emission Reduction market Sustainability Availability Lifecycle Transport Eco Management Capacity Friendliness
Slide 19: Knorr-Bremse continues to systematically develop its portfolio of mission critical products
Knorr-Bremse continues to systematically develop its portfolio of mission critical products and digital solutions Mechanical products Mechatronic products Smart & digital products Smart brake control (Cube Control) Strong basis Electronically controlled Pneumatic pneumatic brake brake system GSBC &
Slide 20: Digitalization empowers KB’s growth engine
Digitalization empowers KB’s growth engine Strategic partnership Majority investment & minority investment All-Makes workshop diagnostics Specialist in IoT-technologies Capabilities Telematics incl. remote vehicle diagnostics Diagnostics & telematics Data analytics & big data Cloud-based ecosystem A
Slide 21: RVS in strong position to tap into digital automatic couplers
RVS in strong position to tap into digital automatic couplers Train Train Maintenance Shunting Preparation Operation Service Parking Digital Freight Train faster processing more transport capacity sustain, enhance, accelerate faster processing dynamic infrastructure usage Digital Automatic Couplers
Slide 22: Condition monitoring to become a major source of digital offering
Condition monitoring to become a major source of digital offering RVS helps customers to efficiently monitor and measure KPIs: Key performance of door systems defined by: Availability All doors in service Reliability Highest MTBF1 Condition monitoring @ IFE Passenger safety Safety functions fully op
Slide 23: Growth Beyond – KB’s strategy program strengthens margin-accretive growth
Growth Beyond – KB’s strategy program strengthens margin-accretive growth Value creation based on 4 key pillars… …to reach our revenue and margin growth ambitions Margin accretive Cost ONE Growth Efficiency Team Safeguard efficiency Organizational Rail Onboard achievements – productivity Acceleratio
Slide 24: Agenda
Agenda Introduction Key Company Highlights Rail Vehicle Systems (RVS) Commercial Vehicle Systems (CVS) R&D Focus Financials Sustainability KB shares/ KB bonds Appendix 26
Slide 25: RVS: outperformance and resilience
RVS: outperformance and resilience Market Technology Strong growth profile leadership innovation Global #1 market leader across RVS with long track record of ▪ Strong technology innovator products and regions outperforming underlying markets shaping industry standards (e.g. ~50% market share in brak
Slide 26: RVS: the leading safety critical systems supplier for rail
RVS: the leading safety critical systems supplier for rail with a track record of market outperformance Highlights 2025 key financials 2025 revenues split #1 Rail brake systems by region supplier globally1) € 4.3bn revenues Asia /Australia #1 Rail entrance systems 31% Europe supplier globally1) 53%
Slide 27: Continuous market growth in the key markets
Continuous market growth in the key markets Development of relevant sub-systems market volume1 (OE + AM in €bn) +2,5% +2,7% 12,7 10,7 11,1 Key Markets Rest of Asia Pacific India China Americas EMEA 2024 2025 2026e 2027e 2028e 2029e 2030e 2031e 1) Big Six - Brakes, Doors, HVAC, Power & Grid (former:
Slide 28: Global Tier-1 partner of choice for OEMs and rail operators
Customer structure Global Tier-1 partner of choice for OEMs and rail operators Top 10 customers 2025 (% of sales) Other major Knorr-Bremse customers 1) ~12% >300 relevant rail operator & infrastructure customers Europe / Africa ~9% Locomotive & Car Research Institute ~6% 2) ~5% Americas ~5% Indian R
Slide 29: Rail holds global #1 position across key product categories
Rail holds global #1 position across key product categories Global market share 20251 (% of revenues) Braking Systems #1 Entrance Systems #1 HVAC #1 (~63% of KB Rail revenues) (~9% of KB Rail revenues) (~8% of KB Rail revenues) Others Knorr-Bremse Knorr-Bremse Knorr-Bremse 35% 50% 30% 25% Others 35%
Slide 30: Historic development of OE and AM business
Historic development of OE and AM business Strong growth both in OE and AM RVS sales by type (until 2017 German Gaap/HGB, 2018-2020 IFRS, €bn, 2010-2025)1) 4.0 4.0 AM OE 3.7 3.7 3.5 3.3 3.3 3.3 3.3 3.4 3.0 3.0 2.2 2.4 1.4 1.5 1.9 1.2 1.4 1.6 1.0 1.5 1.5 2.2 2.2 2.2 1.2 2.0 0.5 0.7 0.7 0.8 2.0 2.1 1.
Slide 31: Aftermarket business will continue to be an important growth engine
Aftermarket business will continue to be an important growth engine Revenue split Opportunities 2025 in €bn Use installed fleet OE Modernization 44% 4.0 New service models & digital solutions AM 56% Challenges Competition by OEMs, focussing more on service Insourcing and lifecycle costs optimiza
Slide 32: RVS is the only supplier world-wide certified for all local standards and norms
RVS is the only supplier world-wide certified for all local standards and norms Market protected by unique level of complexity … ... and long homologation time for each component Typical time-to-market Major global standards 4 Development Certification Standard1) Key regions (yrs)2) (yrs)2) Unique c
Slide 33: Business unit P&G operates across rail, industry & grid
Business unit P&G operates across the three fields rail, industry & grid – largest business generated in rail today, industry & grid growing strongly Power & Grid Solutions Rail Industry Grid KB P&G is a rather broad portfolio player that KB P&G with sales within further industries KB P&G is a speci
Slide 34: KB Signaling at a glance
KB Signaling at a glance >200,000 KB Signaling products installed throughout 13 countries1 24,000+ switch ElectroLogIXS machines in NA applications in Europe – CENELEC Approved 11,000+ yard Level Crossing machines in 5 applications in countries > 10 countries Customers across multiple segments ▪ Cla
Slide 35: KB Signaling product portfolio covers all key product categories in the NA CCS market
KB Signaling product portfolio covers all key product categories in the NA CCS market (“Wayside”) Traffic Train detection & Onboard train I II Interlocking (incl. crossing) III IV Track elements V VI Data analytics management communication control Freight “ElectroLogIXS “ElectroLogIXS VLC” "RailEdge
Slide 36: Agenda
Agenda Introduction Key Company Highlights Rail Vehicle Systems (RVS) Commercial Vehicle Systems (CVS) R&D Focus Financials Sustainability KB shares/ KB bonds Appendix 38
Slide 37: CVS with high-quality business model: outperformance and resilience
CVS with high-quality business model: outperformance and resilience Market Technology Strong growth profile leadership innovation A global market leader Continuously outperforming Technology leader with continuous increasing market share (~30% for markets significant investment in innovation brake s
Slide 38: CVS: one of two global leaders in braking and safety-relevant systems
CVS: one of two global leaders with an outstanding position in braking and safety-relevant systems Highlights 2025 key financials 2025 revenue split by region #1 Global market position1) € 3.5bn revenues Asia 17% Europe 8 out of top 10 innova- Technology leader 44% tions2) Americas 42% 25%1) Global
Slide 39: Knorr-Bremse is the partner of choice for global OEMs
Knorr-Bremse is the partner of choice for global OEMs with long-standing relationships Top 10 customers 2025 (% of sales) Years of relationship Other major Knorr-Bremse customers 11% >90 8% >30 7% >90 7% >30 3% >30 2% >5 2% Top 10 = 44% >90 of total CVS 2% sales 2025 >5 1% >30 1% >5 Share of top 10
Slide 40: CVS is market leader in all major product fields
CVS is market leader in all major product fields Global market share 20251 (% of revenues) Brake Systems & Energy Supply & Fuel #1 #1 #2 Vehicle Dynamics2 Distribution3 Efficiency4 Knorr-Bremse Others Knorr-Bremse Knorr-Bremse 25% 25% 51% 17% Others Market size Market size Market size 57% Others ~€
Slide 41: Historic development of OE and AM business
Historic development of OE and AM business1 Strong growth both in OE and AM CVS sales by type €bn (HGB: 2010-2017 and IFRS: 2018-25) 3.7 4.2 3.8 AM OE 3.4 1.2 3.5 3.2 3.3 1.1 1.2 2.9 2.8 0.9 1.2 2.5 0.8 0.8 2.5 2.2 0.8 0.8 2.1 2.1 2.1 0.8 0.7 1.7 0.7 0.6 0.6 0.6 0.6 3.0 2.5 2.7 2.6 2.4 2.4 2.3 2.1 2
Slide 42: Electrification, Emissions and Software: Changes in Regulations as Growth Driver
Electrification, Emissions and Software Changes in Regulations as Growth Driver Before ‘19 ‘19 ‘20 ‘21 ‘22 ‘23 ‘24 ‘25 ‘26 ‘27 ‘28 ‘29 ‘30 Traffic Safety – Vision Zero Accident N AEBS, ESC 2026 ADB dangerous N ABS goods vehicles EBS dangerous goods veh.>12t; ESC, FCW, LDWS, EBS dangerous trailer>10t
Slide 43: New growth areas for CVS
New growth areas for CVS Illustrative growth potential Growth contribution of industry trends Grow in current portfolio World’s leading supplier Generate new business by of safety relevant CV optimizing TCO and emissions systems along the truck lifecycle Automated driving Traffic safety 2025 2030 Ti
Slide 44: The Cojali Group is a Spanish Diagnostics expert
The Cojali Group is a Spanish Diagnostics expert with strong offerings in All-Makes Diagnostics, Remote Diagnostics and Alternative Specification Key facts Regional presence ▪ Headquarter: Cojali products are available in 135 countries ▪ Campo de Criptana, Spain 5% ▪ Subsidiaries: 11% 3% EMEA ▪ Coja
Slide 45: Cojali’s product offerings
Cojali’s product offerings JALTEST ASSISTANCE UNIVERSITY COOLING SUSPENSION TRANSMISSION ELECTRICAL AND COJALI REMAN REPAIR KITS SYSTEMS AND BRAKE AND POWER ELECTRONIC SYSTEMS SYSTEMS COMPONENTS DIAGNOSTICS TELEMATICS COOLING DATA SCIENCE SYSTEMS 47
Slide 46: Cojali enables Knorr-Bremse to strengthen its position in digital solutions
Cojali enables Knorr-Bremse to strengthen its position as system supplier in the global growth market of digital solutions and data-driven services Leverage new digital opportunities Predictive Maintenance & 4 Other Digital Services Smartification 3 Data Analytics & Big Data Connectivity 2 Telematic
Slide 47: CVS offers both driver assistance and automated driving solutions
CVS offers both driver assistance and automated driving solutions degree of automation 0 driver only 1 assisted 2 partial automation 3 high automation 4 full automation 5 driverless Highway Lane Parking Lane Pilot Autono- Departure Departure Keeping Braking Assist mous Yard Full Warning Traffic Jam
Slide 48: CVS is offering a broad product portfolio for electric trucks
CVS is offering a broad product portfolio for electric trucks EV adapted portfolio New EV product fields eCompressor Electric screw compressor for eBus Redundant power management system Mid / high air demand eCompressor (rotary vane) for eTruck and small eBus Oil-free eCompressor for best TCO
Slide 49: Agenda
Agenda Introduction Key Company Highlights Rail Vehicle Systems (RVS) Commercial Vehicle Systems (CVS) R&D Focus Financials Sustainability KB shares/ KB bonds Appendix 51
Slide 50: Focused R&D investments define product roadmap for KB
Focused R&D investments define product roadmap for KB Strong R&D base… …to shape product innovation1… …with effective tracking in place Roll-over products: Electric Power Steering 5 towards Product upgrades: Global R&D centers 6% Long-term Condition monitoring R&D ratio New products: Digital automat
Slide 51: R&D: Synergies and cross-proliferation
R&D: Synergies and cross-proliferation Cross-divisional R&D examples 1990 1992 Air Disc Technology transfer for ADB Air Disc Brake Brake from RVS to CVS 1985 2011 RVS Screw Compressor technology Screw Screw adopted for CVS applications Compressor Compressor Collision Avoidance for RVS based 2021/202
Slide 52: Centres of excellence as basis for sustained technology leadership
Leveraging Knorr-Bremse’s synergies & partnerships: centres of excellence as basis for sustained technology leadership Globally Σ ~5,000 FTE Schwieberdingen Wülfrath Melksham Düsseldorf Berlin Watertown Munich Aldersbach Elyria Lyss Dalian Getafe Budapest Sakado Pamplona Faridabad Suzhou Joint devel
Slide 53: Knorr-Bremse deploys structured and effective processes to drive innovation results
Knorr-Bremse deploys structured and effective processes to drive innovation results Knorr-Bremse R&D process 1 2 3 Smart Capitalisation Idea Business Business Project ≥ €500,000 and/or ≥ 7,500h Description Story Case Detailed Production Idea Potential Requirement Solution design Realisation to syste
Slide 54: Close co-operation with customers & strategic partners
Close co-operation with customers & strategic partners Government partnerships VC partnerships with Start-ups VDA1) participation in ~20 committees Partnerships with accelerators Investment in start-ups ✓ Design of norms/standards ✓ Early anticipation of industry trends ✓ Technology access ✓ G
Slide 55: Agenda
Agenda Introduction Key Company Highlights Rail Vehicle Systems (RVS) Commercial Vehicle Systems (CVS) R&D Focus Financials Sustainability KB shares/ KB bonds Appendix 57
Slide 56: Financial Strategy | KB target picture translates into clear financial targets
Financial Strategy | KB target picture translates into clear financial targets supporting profitability growth 1 2 3 4 5 6 Strong and margin- Margin increase from Further improvements Efficient capital Disciplined and Doubling down / accretive organic operational leverage in cash conversion allocati
Slide 57: Capital Allocation - Our strategy and priorities for KB
Capital Allocation - Our strategy and priorities for KB ~6% R&D ratio 4-5% CapEx ratio Share buybacks M&A Special dividend ~50% or at least stable Dividend payout ratio High priority Low priority Organic Non-Organic 1) In % of revenues 59
Slide 58: M&A - Disciplined approach based on updated M&A criteria
M&A - Disciplined approach based on a holistic set of updated M&A criteria will guide future acquisitions as add-on to organic growth Our M&A strategy for inorganic growth Focus Priorities Financial guardrails ▪ Guardrails apply to Capital goods/ 1 assets with revenues no automotive >€ 50m Rail Core
Slide 59: Track record of strong and sustainable top-line growth
Track record of strong and sustainable top-line growth… Historical sales1)2) by division (€m) 7,926 7,883 7,817 6,937 7,150 6,616 6,706 6,154 6,157 3,503 5,824 3,842 4,180 5,471 5,206 5,217 3,280 3,750 3,160 3,390 2,819 2,891 2,492 4,241 4,300 4,303 2,493 2,228 2,228 3,712 3,384 3,121 3,251 2,070 2,
Slide 60: … combined with disproportionate EBITDA growth
… combined with disproportionate EBITDA growth Historical EBITDA1)2) profitability (€m) 21.8% 19.0% 20.3% 19.2% 18.1% 18.4% 18.8% 18.0% 18.0% 16.5% 16.5% 12.7% 13.2% 13.5% 12.4% 14.2% 15.7% 14.6% 15.7% 14.6% 15.4% 9.7% 1,303 1,303 1,292 1,269 1,204 1,207 1,221 1,116 1,107 1,060 1,052 1,046 987 523 5
Slide 61: FY25: order intake for Group, RVS & CVS
FY25: order intake for Group, RVS & CVS Group RVS CVS (€m) (€m) (€m) 1.04 Book-to-bill 1.08 1.10 Book-to-bill 1.11 0.98 Book-to-bill 1.04 +2.8% 473 8,417 +7.5% 8,186 -13 -2.8% -229 293 174 4,774 +5.8% 4,440 3,748 179 3,644 RVS -133 4,440 4,774 +6.6% -187 -96 +4.8% CVS 3,748 3,644 FY24 Organic M&A FX
Slide 62: FY25: revenue for Group, RVS & CVS
FY25: revenue for Group, RVS & CVS Group RVS CVS (€m) (€m) (€m) -0.8% 7,883 147 7,817 +6.7% -8.8% -10 -203 3,842 197 184 4,316 +1,9% 4,044 3,503 RVS 4,044 -49 4,316 -108 -194 -95 +4.9% -1.3% CVS 3,842 3,503 FY24 Organic M&A FX FY25 FY24 Organic M&A FX FY25 FY24 Organic M&A FX FY25 64
Slide 63: FY25: op. EBIT for Group, RVS & CVS
FY25: op. EBIT for Group, RVS & CVS Group RVS CVS (€m) (€m) (€m) 12.3% 13.0% +70bps 16.5% 15.6% 10.4% 10.4% Reported: Reported: +90bps +/-0bps 911 903 +5.2% (11.6%) (11.6%) 51 1,016 +13.2% 965 24 -9.5% -25 39 713 +2.5% 60 401 630 12 363 713 -16 598 -10 RVS -40 +9.6% -9.9% CVS 369 363 FY24 Organic M&
Slide 64: Group guidance FY26
Group guidance FY26 General Assumptions Revenue [€m] Op. EBIT Margin Free Cashflow [€m] (prev.: 8,000-8,300) (prev.: ~14%) FX based on current levels (prev.: 8,000-8,300) (prev.: ~14%) 8,100-8,300 Essentially stable geopolitical and 14.0-14.5% 750-850 macroeconomic conditions 7,817 13.0% 790 N
Slide 65: Agenda
Agenda Introduction Key Company Highlights Rail Vehicle Systems (RVS) Commercial Vehicle Systems (CVS) R&D Focus Financials Sustainability KB shares/ KB bonds Appendix 67
Slide 66: Sustainability is a fundamental layer of Knorr-Bremse’s corporate strategy
Sustainability is a fundamental layer of Knorr-Bremse’s corporate strategy Our purpose: We enable sustainable and safe mobility – We innovate for a better society and environment Our strategy: Sustainability is embedded as a fundamental, cross-cutting element in our corporate strategy and business m
Slide 67: Strong Governance steering sustainability within the company
Strong Governance steering sustainability within the company Sustainability is firmly embedded in structures and processes: A global ESG Board defines strategic direction, sets priorities and oversees program implementation Members of the ESG Board: Executive Board, Divisions & Regions, Global Care
Slide 68: Sustainability activities consistently driven forward in 2025
Sustainability activities consistently driven forward in 2025 Sustainability Environment Social Governance
Slide 69: Our path to Net Zero
Our path to Net Zero – Ambitious climate targets in line with continued business growth Our climate targets Net zero target by 2050 (Scopes 1–3) 2030 interim targets: ➢ -75% Scope 1+2 ➢ -25% Scope 3 SBTi-validated climate targets for 2030 Key levers to achieve GHG reduction Increase in CO2e
Slide 70: Social commitment on local and global level
Social commitment on local and global level has a long track-record at Knorr-Bremse KB Local Care Selected Local Care Projects 2025 Social commitment at to our sites worldwide Support of a broad range of social activities such as financial and in-kind donations, corporate volunteering, “Get-Invo
Slide 71: ESG ratings: very strong positive perception of KB ESG performance
ESG ratings: very strong positive perception of KB ESG performance Notes: Further information about our EcoVadis recognition: ecovadis Knorr-Bremse Knorr-Bremse is also annually assessed by Sustainalytics and MSCI. Results cannot be publicly disclosed due to licensing restrictions. Further detai
Slide 72: For more information, refer to our Sustainability Reporting
For more information, refer to our Sustainability Reporting Sustainability Report 2025 as integral part of the Annual Report in accordance with CSRD (Corporate Sustainability Reporting Directive) Learn more about our key sustainability insights and figures in the Knorr-Bremse Sustainability Factbook
Slide 73: Agenda
Agenda Introduction Key Company Highlights Rail Vehicle Systems (RVS) Commercial Vehicle Systems (CVS) R&D Focus Financials Sustainability KB shares/ KB bonds Appendix 75
Slide 74: Share data
Share data Share data Type of share Bearer shares with no-par value Bloomberg ticker KBX Reuters ticker KBX.DE German security identification number (WKN) KBX100 ISIN DE000KBX1006 Shares outstanding as at December 31, 2018 161.200.000 76
Slide 75: Shareholder structure of KB shares
Shareholder structure of KB shares 41.01% Other institutional and private investors 58.99% Heinz Hermann Thiele Familienstiftung Status: 03/25 Share in % Heinz Hermann-Thiele-Familienstiftung 58.99% Other institutional and private investors 41.01% 77
Slide 76: Bond Data
Bond Data About the bond Issuer Bond-Rating at issuance Volume Term Settlement Maturity Coupon Reoffer spread Listing Denomination Applicable law Bookrunners Knorr-Bremse Bond issued 09/2022 Knorr-Bremse AG A2/outlook negative (Moody's), A-/outlook stable (Standard & Poor's) 700 mEUR 5 Year Septembe
Slide 77: Bond Data
Bond Data About the bond Issuer Bond-Rating at issuance Volume Term Settlement Maturity Coupon Reoffer spread Listing Denomination Applicable law Bookrunners Knorr-Bremse Bond issued 09/202 Knorr-Bremse AG A3/outlook stable (Moody's) 600 mEUR 5 Year September 30, 2024 September 30, 2029 3.000% p.a.
Slide 78: Bond Data
Bond Data About the bond Issuer Bond-Rating at issuance Volume Term Settlement Maturity Coupon Reoffer spread Listing Denomination Applicable law Bookrunners Knorr-Bremse Bond issued 09/2024 Knorr-Bremse AG A3/outlook stable (Moody's) 500 mEUR 8 Year September 30, 2024 September 30, 2032 3.250% p.a.
Slide 79: Agenda
Agenda Introduction Key Company Highlights Rail Vehicle Systems (RVS) Commercial Vehicle Systems (CVS) R&D Focus Financials Sustainability Capital Markets Summary Appendix 81
Slide 80: Glossary (1/2)
Glossary (1/2) % Percentage CFO Chief Financial Officer ELC Electronic leveling control ABS Anti-lock brake system CKR Czech Koruna EOP End of period ACC Adaptive Cruise Control CNY Chinese Yuan ESG Environment, Social, Governance AD Automated Driving CR Corporate Responsibility ESP Electronic stabi
Slide 81: Glossary (2/2)
Glossary (2/2) HVAC Heating, ventilation & air conditioning LDW Lane Departure Warning TCO Total cost of ownership IAA International Automobil-Ausstellung m million TPR Truck Production Rate (German: International Motor Show) IAM Independent Aftermarket M&A Merger & acquisitions UIC International un
Slide 82: Disclaimer
Disclaimer IMPORTANT NOTICE This presentation has been prepared for information and background purposes only. It does not constitute or form part of, and should not be construed as, an offer of, a solicitation of an offer to buy, or an invitation to subscribe for, underwrite or otherwise acquire, an