Fact Book

Knorr-Bremse AG

Agenda

  • Introduction
  • Key Company Highlights
  • Rail Vehicle Systems (RVS)
  • Commercial Vehicle Systems (CVS)
  • R&D Focus
  • Financials
  • Sustainability
  • Capital Markets Summary
  • Appendix

Fact Book

2

The Knorr-Bremse leadership team

Dr. Jan Mrosik

Frank Markus Weber

Dr. Peter Laier

CEO

CFO

Member of the Board (CVS)

2021-present:Knorr-Bremse |

2020-present:Knorr-Bremse |

2016-present:Knorr-Bremse |

CEO

CFO

Head of CVS

2019-2020: Siemens AG | COO

2016-2020: Daimler AG | Head

2014-2015: Benteler

Digital Industries

of Corporate Development

International | COO

2016-2019: Siemens AG | CEO

2019-2020:Mercedes-Benz AG |

2013-2014: Osram Licht | CTO

Digital Factory Division

Head of Transformation

2000-2012: Continental |

2014-2016: Siemens AG | CEO

2013-2016: Daimler Trucks Asia

Executive Vice President

Energy Management Division

| CFO

PhD and Diploma in Mechanical

2011-2014: Siemens AG | CEO

2011-2013 Mitsubishi Fuso

Engineering

Smart Grid Division

Trucks & Bus Corporation | CFO

PhD in Engineering

Diploma in Bus. Administration

Professional Experience

24

Professional Experience

24

Professional Experience

24

Start at Knorr-Bremse

01/21

Years with Knorr-Bremse

1

Years with Knorr-Bremse

5

Notes: RVS - Rail Vehicle Systems; CVS - Commercial Vehicle Systems

Dr. Claudia Mayfeld

Dr. Jürgen Wilder

Member of the Board (Integrity & Legal)

Member of the Board (RVS)

2021-present:Knorr-Bremse |

2018-present:Knorr-Bremse |

Head of Integrity & Legal

Head of RVS

2013-2019: RWE Pensionsfond |

2015-2017: DB Cargo AG |

Member of the Executive Board

CEO

2016-2020: Innogy SE | Senior

2013-2015: Siemens AG | CEO

Vice President Group Legal &

Mainline Transportation Global

Compliance, General Counsel

Business Unit

2013-2016: RWE AG | Senior

2011-2013: Siemens AG | Head

Vice President Group Legal &

of Strategy Infrastructure and

Compliance, General Counsel

Cities Sector

PhD in Accounting Principles

PhD in Physics

Professional Experience

28

Professional Experience

20

Start at Knorr-Bremse

05/21

Years with Knorr-Bremse

3

Fact Book

3

Knorr-Bremse - One of Germany's most successful industrial companies

115

#1

YEARS

Family-Ownership,

Global market leader

Shared pneumatics experience

Technology

heritage and unique DNA

for braking systems

between RVS and CVS

leadership

2020 Key financials

Sales

EBITDA

EBIT

R&D

Aftermarket

€ 6.2bn

€ 1.1bn

€ 0.8bn

€ 396m

~37% of sales

(>9% CAGR1) since 1989)

(margin 18.0%)

(margin 13.2%)

(~6.4% of sales)

BALANCED PORTFOLIO2)

… AND DIVERSIFIED GLOBAL FOOTPRINT WITH HIGH LOCAL CONTENT

CVS

Asia/Australia

Europe/Africa

CVS

33%

33%

Sales

RVS EBITDA

Sales

45%

RVS

46%

67%

(14% Margin)

Americas

30+

100+

c. 29k

54%

(23% Margin)

22%

countries

sites

employees3)

Notes: Sales, EBITDA, EBITA, and EBIT for 2020 based on annual report prepared in accordance with IFRS, other financial figures for 2020 prepared in accordance with German GAAP (HGB); Aftermarket share based on German GAAP (HGB) where BilRUG sales allocated proportionally between OE and

aftermarket; RVS - Rail Vehicle Systems; CVS - Commercial Vehicle Systems; 1) CAGR 1989-2019 based on German GAAP (HGB), 1989 - first year when consolidated accounts are available; 2) Excluding consolidation/other; 3) Including human resources leased staff; Source: Knorr-Bremse information

Fact Book

4

Over 30 years of consistent strong growth

1985

2000

2015/18

2010-2018

2019

2020

Management

Bendix integrates

buyout by Mr. Thiele

Westinghouse Air

Brake company

Joint Venture with

€1bn+ capex invested

JV

DongFeng Motor goes

to future-proof

into operation &

manufacturing and

expansion 2018

production facilities

Strategic investment in

Acquisition of RH.

RailVision & RailNova as

Sheppard Co., Inc. in

well as acquisition of

the U.S

Snyder & Sentient,

1985-1990

Successful strategy: Globalisation, focus on RVS and CVS, growth in connected systems

1991

Dawn of the ICE era with high-speedbraking

systems

2002

100% acquisition of Bendix in the US

2006

4 Joint Ventures in Rail formed in China

2015/16

2017/18

TRS 7 acquisitions

Acquisition of Vossloh

Japan

Kiepe, Federal Mogul

Ind. Property Rights and

Hitachi Automotive

2016

Systems

New state-of-the-art

innovation and testing

>9% sales CAGR

€ 6.2bn

centre in Munich

1995-1996

Rise of ADB technology

1999

Joint Venture with Bosch

JV in Electronics

19891)-2020

1985

1989

1990

1995

2000

2002

2003

2005

2010

2011

2012

2013

2014

2015

2016

2017

2018

2019

2020

Sales (€bn) Important corporate events Product innovation M&A / Strategic partnerships

Notes: 1986-2016 based on financial statements prepared in accordance with German GAAP (HGB) and 2017-2019 based on financial statements prepared in accordance with IFRS. 1) 1989

  • first year when consolidated accounts are available

Fact Book

5

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Knorr-Bremse AG published this content on 01 June 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 June 2021 15:22:07 UTC.