Marktinformationen

JOST joins Start-Up Trailer Dynamics as a strategic investor and strengthens
cooperation in the field of e-trailer technology

EQS-News: JOST Werke SE / Key word(s): Investment/Alliance
JOST joins Start-Up Trailer Dynamics as a strategic investor and strengthens
cooperation in the field of e-trailer technology

10.07.2024 / 11:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

---------------------------------------------------------------------------

JOST joins Start-Up Trailer Dynamics as a strategic investor and strengthens
cooperation in the field of e-trailer technology

Neu-Isenburg, July 10, 2024. JOST Werke SE ("JOST"), a leading global
producer and supplier of safety-critical systems for the commercial vehicle
industry, is investing EUR 15 million as a strategic investor in the
start-up Trailer Dynamics GmbH as part of a financing round, thereby
strengthening its technological activities in the field of trailer
electrification.

Trailer Dynamics GmbH, founded in 2018, is driving the decarbonization and
increased efficiency of the transport industry with its innovative
solutions. Trailer Dynamics has developed an intelligent electric drivetrain
for e-trailers. This enables a significant improvement in the range of
electric trucks and a reduction in greenhouse gas emissions. The products
also provide significant savings in diesel consumption and greenhouse gas
emissions in combination with conventional towing vehicles. The innovative
solutions were recently recognized by the jury of the TOP 100 innovation
competition. A few days ago, the jury named Trailer Dynamics GmbH "Innovator
of the Year 2024."

The company has already reached a high level of maturity, passed successful
field tests with well-known partners and is aiming to industrialize a
market-ready series product in the next 18 months. JOST has invested a
significant stake in the financing round successfully placed for this
purpose. JOST is thus not only investing in a leading start-up in a
future-oriented segment, but also in a rapidly maturing company for whose
plug & play electrification kit JOST can be both supplier as well as
distribution and strategic industrialization partner.

Joachim Dürr, CEO of JOST Werke SE, said: "The transport and logistics
industry needs innovative solutions to become climate-neutral while further
increasing the economic efficiency of the industry. The strategic investment
in Trailer Dynamics offers JOST attractive cooperation opportunities to
jointly develop new products and solutions to drive the decarbonization of
our society."

Michael W. Nimtsch co-founder and CFO of Trailer Dynamics is looking forward
to the future collaboration with JOST. "Combining our ground-breaking
e-trailer technology with the expertise of an established industry leader
like JOST is a significant step to further develop our products and systems
and increase our contribution to a zero-emission transport."

Following the entry of JOST as an investor, Stefan Binnewies, Board member
of the Bernard Krone Holding and Chairman of the Advisory Board of Trailer
Dynamics, said: "With JOST, Trailer Dynamics has gained an important
strategic investor alongside Krone and Trane Technologies, which understands
and is driving forward the decarbonization of heavy goods transport.
Together, we will further develop the transport and logistics industry in
the coming years and open up new business areas."


Image link:
https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=download2_file&code_str=744de0fcee2068a7b11f2b946140420f
Image title: JOST und Trailer Dynamics eTrailer

Contact:

JOST Werke SE
Romy Acosta
Head of Investor Relations
T: +49 6102 295-379
romy.acosta@jost-world.com


About JOST:

JOST is a leading global manufacturer and supplier of safety-relevant
systems for the commercial vehicle industry with its core brands JOST,
ROCKINGER, TRIDEC and Quicke. JOST's global leadership position is driven by
the strength of its brands, its long-standing client relationships serviced
through its global distribution network, and its efficient and asset-light
business model. With sales and production facilities in over 25 countries
across six continents, JOST serves manufacturers, dealers and end customers
in the transportation, agriculture and construction industries worldwide.
JOST currently employs more than 4,500 staff across the world and is listed
on the Frankfurt Stock Exchange. For more information about JOST, please
visit www.jost-world.com

About Trailer Dynamics:

Trailer Dynamics is a technology innovator and has developed a comprehensive
and unique solution concept for reducing diesel consumption for long-haul
diesel trucks or increasing the range of battery-electric tractor units
(BEV) by installing an additional functionally reliable electric drivetrain
in the eTrailer.
The core of the development is an electric drivetrain that has been
outsourced to the trailer and enables the eTrailer to be coupled to any
tractor unit. Trailer Dynamics e-Trailers' intelligent electric drivetrain
supports the diesel tractor unit along the entire route, both when starting
off and when tackling inclines. If not all of the electrical resources are
required for the tasks mentioned above, the electric drive permanently
supports the tractor unit's diesel drive over the entire route with the
remaining energy.
The eTrailer's electric assist drive significantly reduces CO2 emissions
from diesel tractors and boosts the operational range of BEVs, adapting
dynamically to the cargo weight and route topography. This dual approach
provides a versatile solution to greener transportation, aligning with
global sustainability goals.
After many international test drives in real-life operation, over 6,000
customer reservations have already been made for the eTrailer. Trailer
Dynamics will be presenting the eTrailer and other innovative solutions at
its own stand at the IAA Transportation 2024 in Hanover.
www.trailerdynamics.de


---------------------------------------------------------------------------

10.07.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The EQS Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.eqs-news.com

---------------------------------------------------------------------------

   Language:       English
   Company:        JOST Werke SE
                   Siemensstraße 2
                   63263 Neu-Isenburg
                   Germany
   Phone:          +49 6102 2950
   Fax:            +49 (0)6102 295-298
   E-mail:         ir@jost-world.com
   Internet:       www.jost-world.com
   ISIN:           DE000JST4000
   WKN:            JST400
   Indices:        SDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1943305

End of News EQS News Service
---------------------------------------------------------------------------

1943305 10.07.2024 CET/CEST