Half-year results for the KLINGELNBERG Group’s 2025/26 financial year

KLINGELNBERG AG

Binzmühlestrasse 171

8050 Zürich, Switzerland

Ad hoc announcement pursuant to Art. 53 LR (Listing Rules of SIX Exchange Regulation)

• Order intake rises significantly

• Sales down due to global trade and economic disruptions - result impacted

• Headcount reduced

• KLINGELNBERG "cautiously optimistic" for the second half of the financial year and beyond

• Orders from the defense sector gaining in importance - megatrends in renewable energy and mobility remain strong

• CEO Philipp Kannengiesser: "Although KLINGELNBERG was not completely immune to the challenging market environment, the increase in order intake nevertheless demonstrates the company's strength."

• Forecast confirmed

Zürich, 11 November 2025 - The KLINGELNBERG Group (SIX: KLIN), a leading global manufacturer of high-tech gear technology for a wide range of industries, was able to significantly increase its order intake in the first half of the 2025/26 financial year (01 April to 30 September 2025), despite a challenging global environment: Compared with the same period of the previous year, order intake rose from EUR 101,2 million to EUR 119,6 million

This positive performance was achieved despite the continued uncertainty in the global economy. In particular, ongoing discussions and uncertainties concerning tariffs and protectionist tendencies are weighing on international trade. Added to this is the economic weakness in Europe, which is particularly noticeable in the automotive sector. In China, an important market for the industry, economic recovery in our area is also progressing more slowly than expected. Despite these challenging conditions, the KLINGELNBERG Group was able to strengthen its market position and significantly increase its order intake.

This increase puts the company in a stronger position as it enters the second half of the financial year, which continues to be marked by uncertainties and in which KLINGELNBERG expects persistent headwinds from geopolitical factors. Due to the external factors mentioned, net sales declined from EUR 126,9 million to EUR 103,6 million. The operating result (EBIT) also decreased, amounting to EUR -13,3 million compared with EUR 0,5 million in the previous year. Traditionally, the first half of the financial year is the weaker of the two in terms of earnings for KLINGELNBERG

- and in this business year, the seasonality effect has been particularly pronounced.

Philipp Kannengiesser, the company's CEO, said: "Although KLINGELNBERG was not completely immune to the diverse and challenging market conditions, it was nevertheless able to further strengthen its position in the markets. Due to the recent increase in incoming orders and the improved project situation, we have good reason to be cautious yet optimistic about the second half of the financial year."

Kannengiesser continued: "Regardless of how individual mobility develops - whether towards electric or other drive technologies - KLINGELNBERG will continue to play a leading role with its technologies. KLINGELNBERG is strategically well positioned. We offer solutions for both conventional and electric mobility and are market leaders in the wind power segment as well as in most industrial applications."

The Aerospace and Defense segment is also developing into an increasingly important growth market for KLINGELNBERG. Heightened security and defense awareness in many countries is currently driving greater demand for the company's high-quality special-purpose machines. In addition, KLINGELNBERG is benefiting from the growing importance of energy-intensive data processing centers, particularly in the field of artificial intelligence. In the United States, the rising energy needs of these data centers are providing additional momentum, for example through investments in gas turbines. Furthermore, the company expects new investments from China's latest Five-Year Plan, particularly in the area of wind energy.

The order backlog remained at a high level, at EUR 224,3 million, compared with

EUR 241,7 million in the first half of the 2024/25 financial year. The number of employees decreased by 41 to 1.328.

For the remainder of the 2025/26 financial year, KLINGELNBERG remains confident, yet cautious.

U.S. trade policy and its impact on global trade and industry are expected to persist. Despite these uncertainties, KLINGELNBERG sees no reason to change its existing forecast of a positive result due to the aforementioned improvement in order intake and project situation and remains cautiously optimistic.

The full half-year report for the first six months of the 2025/26 financial year of the KLINGELNBERG Group is available on the Company's website at: https://klingelnberg.com/en/investors/financial-reports

Philipp Kannengiesser / Christoph Küster KLINGELNBERG AG

Binzmühlestrasse 171

8050 Zürich, Switzerland

e-mail: investorrelations@klingelnberg.com Phone.: +41 44 278 7940

Founded in 1863, KLINGELNBERG is one of the leading companies in the global gear industry. The Company develops and manufactures machines for the production of bevel and cylindrical gear and measuring centers for rotationally symmetric objects of all kinds. With headquarters in Zürich, Switzerland, and more than 1.000 employees, KLINGELNBERG operates development and production facilities in Zürich (Switzerland), Hückeswagen and Ettlingen (Germany) and is represented by sales and service subsidiaries in Germany, Switzerland, France, Italy, Spain, Japan, India, China, Brazil, the USA and Mexico. KLINGELNBERG 's shares are listed on the SIX Swiss Exchange (KLIN).

This release contains forward-looking statements that may involve certain risks, uncertainties and changes that are not foreseeable and beyond the control of the KLINGELNBERG Group. Therefore, the KLINGELNBERG Group does not make any representations regarding the correctness of such forward-looking statements, their effect on the financial situation of the KLINGELNBERG Group or the market in which shares and other securities of the KLINGELNBERG Group are traded.

Furthermore, this release contains alternative performance indicators that are not defined or listed in the applicable, recognized accounted standard (Swiss GAAP FER).

These non-Swiss GAAP FER financial measures are only of limited use as analytical tools and should not be used as an indicator or alternative to the Group's results or to performance or liquidity measures according to Swiss GAAP FER, as set forth in its consolidated financial statements. The non-Swiss GAAP FER financial measures should therefore be considered as supplementary information to, and read only in conjunction with, the consolidated financial statements of the Group. Since not all companies compute these or other non-Swiss GAAP FER financial measures in the same way, the manner in which the KLINGELNBERG Group's management has chosen to compute the non-Swiss GAAP FER financial measures presented herein may not be comparable with similarly defined terms used by other companies. As a result, you are cautioned not to place undue reliance on any non-Swiss GAAP FER financial measures and ratios included herein.