Traton : 1st Supplement to the EMTN Base Prospectus dated 2026/03/18, 2026/05/04

About this update from Traton Se

Supplement No. 1 dated 4 May 2026 to the Base Prospectus dated 18 March 2026 Supplement No. 1 pursuant to Art. 23(1) of Regulation (EU) 2017/1129 of the European Parliament and of the Council of 14 June 2017, as amended (the " Prospectus Regulation ") dated 4 May 2026 (the " Supplement ") to (i) the base prospectus of TRATON SE in respect of non-equity securities within the meaning of Art. 2(c) of the Prospectus Regulation (" Non-Equity Securities ") and (ii) the base prospectus of TRATON Finance Luxembourg S.A. in respect of Non-Equity Securities, dated 18 March 2026 (the " Prospectus "). TRATON SE (Munich, Federal Republic of Germany) as "Issuer" and, in respect of Notes issued by TRATON Finance Luxembourg S.A. as "Guarantor" TRATON Finance Luxembourg S.A. (Strassen, Grand Duchy of Luxembourg) as "Issuer" € 18,000,000,000 Debt Issuance Program (the "Program") This Supplement has been approved by the Commission de Surveillance du Secteur Financier of the Grand Duchy of Luxembourg in its capacity as competent authority under the Prospectus Regulation and the Luxembourg act relating to prospectuses for securities ( loi relative aux prospectus pour valeurs mobilières ) dated 16 July 2019. This Supplement, the Prospectus and the documents incorporated by reference therein are also available for viewing at https://www.luxse.com . The purpose of this Supplement is the incorporation by reference of the unreviewed unaudited consolidated selected financial information of TRATON GROUP as of and for the three months ended 31 March 2026 as contained in TRATON GROUP's interim statement as of 31 March 2026 into the Prospectus and to amend, or add, respectively, other disclosures on TRATON and the TRATON GROUP. This Supplement is supplemental to, and should be read and shall only be distributed in connection with, the Prospectus. Therefore, with respect to future issues under the Program of TRATON SE and TRATON Finance Luxembourg S.A., references in the Final Terms to the Prospectus are to be read as references to the Prospectus as supplemented by this Supplement. Terms defined in the Prospectus have the same meaning when used in this Supplement. All references in the Prospectus to "the Prospectus" and "this Prospectus", or any other similar expression, in particular regarding confirmations and representations as to the information contained therein, shall be deemed to also refer to this Supplement. CONTENTS Page Changes relating to the section "3. General Information on the Issuers and the Guarantor" 1 Changes relating to the section "4. Business of the TRATON GROUP" 7 Changes relating to the section "14. Documents Incorporated by Reference" 8 - i - TRATON SE and TRATON Finance Luxembourg S.A. (each an " Issuer " and together the " Issuers ") accept responsibility for the information contained in this Supplement. To the best of the knowledge of each Issuer, having taken all reasonable care to ensure that such is the case, the information contained in this Supplement is in accordance with the facts and does not omit anything likely to affect its import. To the extent that there is any inconsistency between (a) any statements in or incorporated by reference into this Supplement and (b) any other statement in or incorporated by reference into the Prospectus, the statements in (a) above will prevail. The amendments to the Prospectus mentioned in this Supplement shall only apply to an admission to trading of instruments after the approval of this Supplement, or where the delivery has not yet taken place. Page references in this document refer to pages in the Prospectus, unless otherwise indicated. Changes relating to the section "3. General Information on the Issuers and the Guarantor" In the section headed "3.1.12 Historical Financial Information" on page 74 of the Prospectus, the following new paragraph shall be inserted after the second paragraph: "The unaudited consolidated selected financial information of the Company as of and for the three months ended 31 March 2026 (the " First Quarter 2026 Financial Information ") as contained in the TRATON GROUP interim statement as of 31 March 2026 (which does not constitute an interim financial report as defined in IAS 34), prepared in accordance with section 53 of the Exchange Rules for the Frankfurter Wertpapierbörse ( BörsO FWB ), are incorporated by reference into the Prospectus. The figures relating to net assets, financial position, and results of operations were prepared in accordance with IFRSs." The section headed "3.1.13 Selected Financial and Business Information" on pages 74 et seq. of the Prospectus shall be deleted and replaced by the following: "The selected financial and business information below should be regarded only as an introduction, and any investment decision should be based on a review of the entire Prospectus. The following tables set out selected financial information relating to the TRATON GROUP and its TRATON Operations business area (comprising its four segments Scania Vehicles & Services (" Scania V&S "), MAN Truck & Bus, International Motors and VWTB) as well as its TRATON Financial Services business area and segment (unless otherwise stated, the selected financial information relates to the TRATON GROUP). The financial information has been extracted or derived from the audited consolidated financial statements of the Company prepared in accordance with IFRSs and the additional requirements of German commercial law pursuant to section 315e para. 1 German Commercial Code ( Handelsgesetzbuch ) as of and for the fiscal year ended 31 December 2025 (including the comparative financial information as of and for the fiscal year ended 31 December 2024), the First Quarter 2026 Financial Information of the Company as contained in the TRATON GROUP interim statement as of 31 March 2026, prepared in accordance with section 53 BörsO FWB (which does not - 1 - constitute an interim financial report as defined in IAS 34) and the Company's internal accounting records or management reporting systems. In addition to its IFRSs reporting, the TRATON GROUP tracks certain APMs such as operating result for TRATON GROUP, TRATON Operations business area, TRATON Financial Services business area/segment and Corporate Items, operating result (adjusted) for the TRATON GROUP and TRATON Operations business area including Corporate Items, operating return on sales (adjusted) for the TRATON GROUP, net liquidity/net financial debt for the TRATON GROUP and TRATON Operations business area including Corporate Items, EBITDA (adjusted) for the TRATON Operations business area including Corporate Items, net financial debt/EBITDA (adjusted) ratio for the TRATON Operations business area including Corporate Items, net cash flow for the TRATON GROUP and capital expenditures (capex) for the TRATON Operations business area, that are not required by, or presented under IFRSs. The management of the TRATON GROUP uses these APMs internally to benchmark performance over time and against peers/competitors. These APMs, however, are not defined under, or prepared in accordance with IFRSs and may be calculated differently within other industries and even by TRATON GROUP's competitors within the commercial vehicle industry. Such APMs must be considered only in addition to, and not as a substitute for or superior to, financial information prepared in accordance with IFRSs included or incorporated by reference elsewhere in the Prospectus. Investors are cautioned not to place undue reliance on these APMs and are also advised to review them in conjunction with the Company's consolidated financial statements including the related notes. A description of the calculation of each APM is included in the footnotes to the tables in the following paragraphs. Where financial information in the following tables is labeled "audited", this means that it has been extracted from the Company's audited consolidated financial statements mentioned above. The label "unaudited" is used in the following tables to indicate financial or business information that has not been extracted from the Company's audited consolidated financial statements mentioned above but rather was extracted or derived from the Company's First Quarter 2026 Financial Information mentioned above, or from the Company's internal accounting records or management reporting systems, or has been calculated on the basis of financial information from the previously mentioned sources. A dash ("-") indicates that the relevant line item or figure is not available." - 2 -

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