Knorr-Bremse Aktiengesellschaft: Knorr-Bremse Signs Agreement on the
Acquisition of Alstom's Rail Signalling Technology Business in North America

EQS-Ad-hoc: Knorr-Bremse Aktiengesellschaft / Key word(s): Mergers &
Acquisitions/Takeover
Knorr-Bremse Aktiengesellschaft: Knorr-Bremse Signs Agreement on the
Acquisition of Alstom's Rail Signalling Technology Business in North America

19-Apr-2024 / 17:35 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation
(EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

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Knorr-Bremse Signs Agreement on the Acquisition of Alstom's Rail Signalling
Technology Business in North America

Munich, April 19, 2024 - Knorr Brake Holding Corporation, a subsidiary of
Knorr-Bremse AG (ISIN: DE000KBX1006), today signed an agreement with a
subsidiary of Alstom S.A. on the acquisition of Alstom's conventional rail
signalling technology business in North America (Alstom Signaling North
America).

As purchase price an enterprise value of around EUR 630 million was agreed.
This includes a mid-double-digit million EUR amount for additional expected
project business. Alstom Signaling North America attained revenues of about
EUR 300 million and an EBIT margin of approximately 16% according to the
preliminary results in the past fiscal year which ended on March 31, 2024.

With this acquisition, Knorr-Bremse is successfully making an entry into the
highly attractive control, command, and signalling (CCS) segment of the rail
market. Alstom Signaling is a leading company in North America's CCS market.
From today's perspective, it is believed that the acquisition will be
accretive right from the outset.

The transaction is subject to customary conditions and is expected to close
during summer 2024.

The acquisition is to be financed from available liquidity and debt capital
and should not affect the credit rating.

Media contact:

Alexander Stechert-Mayerhöfer

Head of Corporate Communications

+49 89 3547 1942

alexander.stechert-mayerhoefer@knorr-bremse.com

Contact Investor Relations:

Andreas Spitzauer

Head of Investor Relations

+49 89 3547 182310

+49 175 528 1320

investor.relations@knorr-bremse.com


End of Inside Information

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19-Apr-2024 CET/CEST The EQS Distribution Services include Regulatory
Announcements, Financial/Corporate News and Press Releases.
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   Language:       English
   Company:        Knorr-Bremse Aktiengesellschaft
                   Moosacher Str. 80
                   80809 Munich
                   Germany
   Phone:          +49 89 3547 0
   E-mail:         info@knorr-bremse.com
   Internet:       www.knorr-bremse.com
   ISIN:           DE000KBX1006
   WKN:            KBX100
   Indices:        MDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate
                   Exchange; Vienna Stock Exchange (Vienna MTF)
   EQS News ID:    1885127

End of Announcement EQS News Service
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1885127 19-Apr-2024 CET/CEST