PRELIMINARY FINANCIAL RESULTS FY21

DR. JAN MROSIK I CEO

FRANK WEBER I CFO FEBRUARY 24, 2022

FY21 highlights

Financial KPIs significantly improved with strong finish in Q4/21

FY21 yoy: OI +13%, revenues +9% and op. EBIT margin at 13.5%1(+30bps), EPS of € 3.851 (+25%1)

Record order book of € 5.6bn at YE21 underlines resilient business in rail and truck

CVS: Strong underlying demand continues

FY21 revenues +20% yoy and EBIT margin at 10.7% (+240bps), despite supply challenges

RVS: very strong finish in FY21

B-t-b of 1.05 (Q4/21: 1.49 → all time order high), flat revenue yoy and EBIT slightly above expectations despite ongoing Covid-challenges

ESG: E - carbon-neutrality achieved (preliminary assessment and before final tranche of green electricity certificates) S - employee share program successfully started

G - 750m syndicated loan tied to sustainability rating

FY21 guidance achieved

1) Updated with Annual Report (March 31, 2022) vs. preliminary figures (February 24, 2022)

2

RVS: Operational highlights in all rail megatrends

Digitalization

  • ▪ Future of freight: Expanding in freight market; about to launch Digital Automated Coupling (DAC)

Sustainability▪

Railnova: increasing installed base of predictive maintenance and aftermarket connectivity for rolling stock

Urbanization

  • ▪ Digitization:

    • ▪ Remote condition monitoring of climate control systems with Siemens in UK

      Mobility

    • ▪ Big data: frame contract for the usage of train operating data with DB

  • ▪ Sanitary systems: With EVAC acquisition, Knorr-Bremse became a world leading manufacturer of integratedsanitary systems for passenger trains

Safety

  • ▪ 5y extension contract to equip Alstom's Citadis tramway platform (brakes and entrance systems)

  • ▪ Major contract with Stadler to equip 606 metro cars in Berlin

Knorr-Bremse - a pioneer in rail megatrends

New growth markets

Established portfolio

Today

Time

4

CVS: Operational highlights underline leading market position

Digitalization

  • ▪ Electric power steering: First contract to develop new steering generation

SustainabilityUrbanization

  • ▪ ADAS/HAD: start-up investment in Autobrains with video perception technology for realizing system solutions for ADAS and HAD

Knorr-Bremse - a pioneer in commercial vehicle megatrends

Mobility

  • ▪ Electric mobility: − e-Cubator with 60 specialists founded to bundle expertise

−

Successful market launch of Rotary Vane e-compressor

  • ▪ New brake control system GSBC: simpler system layouts, reduced weight and future-ready platform to support ADAS and HAD

Safety

  • ▪ 10y contract for braking and air treatment systems (€ 1bn) with big European truck OEM

  • ▪ Capacity expansion in China: Increase of manufacturing capabilities that can be integrated with research & development and testing to meet high demand in China

New growth markets

Established portfolio

Today

Time

5

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Knorr-Bremse AG published this content on 31 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 31 March 2022 15:15:08 UTC.