Kontron AG: Capital Market Update 2022

Linz (pta022/01.09.2022/12:30 UTC+2)

Linz, September 1st, 2022: Technology group Kontron (www.kontron.ag, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) held its virtual Capital Market Update 2022 yesterday. The live broadcast from Vienna was followed online by more than 100 participants.

The strategic repositioning of the Kontron Group as a pure IoT player was the focus of the event. Following an analysis of the market environment and competitors, CEO Hannes Niederhauser presented Kontron's new business model based on the eight newly defined divisions – Software Solutions, Transportation, Industrial IoT, Communications, ODM, Services, Americas and Asia.

After the sale of large parts of the IT service business was announced on August 10th, 2022 as part of the "Focus" project, the Management Board also provided detailed information yesterday on the terms of the sale and the impact on Kontron. Kontron plans to use the proceeds from the transaction for growth as well as share buybacks and a distribution to shareholders. In particular, "game changer" acquisitions of up to EUR 500 million are also planned in the coming years as part of the growth offensive.

In the course of the presentation of the repositioning, the acquisition of Lucom GmbH, a German technology company specializing in 5G connectivity equipment, which took place yesterday, was also announced. In addition, the acquisition of the Spanish Kapsch subsidiary Arce Mobility Solutions, S.A., active in the Transportation business segment, which took place a few days ago, was explained in more detail.

Clemens Billek, Designated CFO of the Kontron Group, used yesterday's event to introduce himself to Kontron shareholders and spoke, among other things, about key strategic topics in the financial area and initiatives in the compliance and ESG areas, such as the simplification of the group structure and the rebranding of Kontron in light of the repositioning.

The event was rounded off with a Q&A session, which allowed for an exchange with investors and analysts. The recording of the Capital Market Update is available via https://ir.kontron.ag/Capital_Market_Day.en.html .

Hannes Niederhauser, CEO of Kontron AG: "With the finalization of project "Focus" we are a highly competitive IoT technology group, well positioned in the fast growing market and prepared for further growth. As part of Agenda 2025, we are targeting revenue growth to 2,000 million with significantly improved profitability of 13% EBITDA and over 6% net income margin. The guidance for 2022 for continued operations is EUR 1,120 million in revenue at an EBITDA of more than 10%. On top of this, there are EUR 380 million in revenue from the units sold, which will be reported under discontinued operations from Q3 onwards. We can use the proceeds from this transaction for "game changer" acquisitions and share buybacks in the coming years."

About Kontron

Kontron AG (www.kontron.ag, ISIN AT0000A0E9W5, WKN A0X9EJ, SANT/ since 2 June 2022 KTN) - previously S&T AG - is a growing IoT technology group with more than 6,000 employees and subsidiaries in 32 countries around the world. The company is listed on the TecDAX® and SDAX® of the German Stock Exchange and is one of the leading providers of smart solutions for a host of industries. With a well-known brand and its own technologies in the fields of smart factory, railway communication systems, communication solutions and smart energy, Kontron is the well-trusted partner helping businesses undertake their digital transformation journeys in a wide range of industries to achieve their future ambitions. With its brand S&T, the company is one of the leading IT service providers in Central and Eastern Europe offering a comprehensive range of IT services including datacenter and SAP operations, workplace management, IT security or IT consulting.

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Emitter:	Kontron AG Industriezeile 35 4021 Linz Austria
Contact Person:	Nicole Nagy, Investor Relations
Phone:	+43 (1) 801911196
E-Mail:	nicole.nagy@kontron.com
Website:	www.kontron.ag
ISIN(s):	AT0000A0E9W5 (Share)
Stock Exchange(s):	Regulated Market in Frankfurt