Kontron AG: Major order for smart wallboxes

EQS-News: Kontron AG / Key word(s): Development of Sales
Kontron AG: Major order for smart wallboxes

21.05.2024 / 07:00 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Linz, 21.05.2024: Kontron AG, a global leader in IoT technology, has been
greenlit to supply smart charging stations for electric vehicles for one of
the world's largest car manufacturers. Series production will begin in July
2024.

The first stage of the contract is worth at least EUR 200 million. For the
development of the fully networked charging solution, the IoT specialist is
relying on the expertise of its new subsidiary eSystems, a producer of
innovative charging systems, acquired at the start of the year as part of
the Katek merger. "By acquiring KATEK, we have expanded our product
portfolio to include high-quality products and solutions for solar energy
and smart charging", says Kontron CEO Hannes Niederhauser. "We are already
seeing the first success stories and synergic effects". One tangible
advantage is the considerable cost benefits achieved by upgrading KATEK
products with Kontron software. "The software of our charging systems allows
us to provide the smart answer for what the energy and transport transition
needs, strongly driven by digitalisation and networking".

With its seamless networking via Ethernet, LTE, WiFi, EEBUS, MODBUS/TCP,
OCPP and ISO15118, Kontron is ready for the increasing digitalisation of the
energy sector. After all, if fluctuating energy generation from wind power
and photovoltaics is to be used intelligently and efficiently, then it is
crucial that buildings, electric vehicles, and the power grid are all
networked. The systems communicate with the energy management system, which
can be connected to a PV system, heat pumps or battery storage systems. With
these systems, the electric vehicle accesses a tariff table from the Wallbox
and can use it to calculate the dynamic charging plan. Grid-supportive
charging that adapts to the utilisation of the power grid and flexible
charging tariffs is also possible in accordance with Paragraph 14a of
Germany's Energy Industry Act (EnWG). Communication with the car takes place
via ISO 15118, which also enables the electric vehicle and charging station
to recognise each other and exchange information. At public charging
stations, authorisation can be given via Plug'n'Charge.

"We call this technology 'smart charging next level'", says eSystems
Managing Director Jochen Paukert. "From the very first stage of development,
our goal was to offer solutions today that will shape the future". The boxes
can receive remote updates, enabling them able to react quickly to current
developments or cybersecurity threats. The Wallbox can be connected to the
internet via LTE or Ethernet and updates are simply installed over the air.

About Kontron

Kontron AG ( www.kontron.com, ISIN AT0000A0E9W5, WKN A0X9EJ, KTN) is a
leading IoT technology company. For more than 20 years, Kontron has been
supporting companies from a wide range of industries to achieve their
business goals with intelligent solutions. From automated industrial
operations, smarter and safer transport to advanced communications,
connectivity, medical, and energy solutions, the company delivers
technologies that add value for its customers. With the acquisition of Katek
SE in early 2024, Kontron has significantly strengthened its portfolio with
the new GreenTec division, focusing on solar energy and eMobility, and has
grown to around 8,000 employees in over 20 countries worldwide. Kontron is
listed on the SDAX® and TecDAX® of the German Stock Exchange.

Follow Kontron:

* Kontron on Twitter

* Kontron on LinkedIn

* For the latest info on Kontron, check out our official blog


Media Contacts

Barbara Jeitler

Kontron AG - Investor Relations

Tel: +43 (1) 80191 1199

ir@kontron.com

Alexandra Kentros

Kontron AG - Communications

Tel: +49 151 151 9388 149

group-pr@kontron.com

Copyright © 2024 Kontron. All rights reserved. All information is provided
for information purposes only and is not legally binding. The information
has been carefully checked and has been compiled to the best of our
knowledge and in good faith. However, no responsibility is accepted for any
inaccuracy. Kontron and the Kontron logo and all other trademarks or
registered trademarks are the property of their respective owners and are
hereby acknowledged as such. Specifications are subject to change without
notice.


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21.05.2024 CET/CEST Dissemination of a Corporate News, transmitted by EQS
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   Language:       English
   Company:        Kontron AG
                   Industriezeile 35
                   4020 Linz
                   Austria
   Phone:          +43 (732) 7664 - 0
   E-mail:         ir@kontron.com
   Internet:       https://www.kontron.com
   ISIN:           AT0000A0E9W5
   WKN:            A0X9EJ
   Indices:        SDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Munich, Stuttgart, Tradegate Exchange; BX,
                   Vienna Stock Exchange (Vienna MTF)
   EQS News ID:    1906015

End of News EQS News Service
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1906015 21.05.2024 CET/CEST