Supervisory Board Extends CEO Rob Smith's Contract, Reinforcing KION Group's
Profitable Growth Path

EQS-News: KION GROUP AG / Key word(s): Personnel
Supervisory Board Extends CEO Rob Smith's Contract, Reinforcing KION Group's
Profitable Growth Path (news with additional features)

02.05.2024 / 14:32 CET/CEST
The issuer is solely responsible for the content of this announcement.

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Supervisory Board Extends CEO Rob Smith's Contract, Reinforcing KION Group's
Profitable Growth Path

* Contract extended by five years until end of 2029

  * Hans Peter Ring, Chairman of the Supervisory Board: 'Under Rob Smith's
    proven leadership we will open the next chapter of the success story of
    KION.'

Frankfurt am Main, May 2, 2024 - The Supervisory Board of KION GROUP AG has
extended Chief Executive Officer Rob Smith's (58) contract by five years,
ensuring his leadership until December 31, 2029. This decision underscores
the Board's unwavering confidence in Smith's strategic vision, operational
expertise, and ability to drive sustained value for the shareholders,
customers, and employees.

'On behalf of the Supervisory Board I am glad that we can continue our
trusted relationship with Rob Smith. I am confident that under Rob's proven
leadership we will open the next chapter of the success story of KION', says
Hans Peter Ring, Chairman of the KION Supervisory Board.

'I would like to thank the Supervisory Board for placing trust in me. I look
forward to continuing to lead KION Group's path to sustainable and
profitable growth', says Rob Smith. 'Together with our team of the Executive
Board and our more than 42,000 employees around the world, we want to shape
the future of supply chains globally. We will keep delivering on our
business priorities and seize the opportunities offered by our markets and
technological innovation.'

Before joining KION, Rob Smith was President & CEO of the publicly listed
Finnish group Konecranes, a leading international manufacturer of industrial
cranes and container port automation. From 2013 to 2019, he was Senior Vice
President & General Manager Europe, Africa and Middle East of the global
agricultural machinery company AGCO Corporation. Prior to that, he held
management positions in automotive supply and capital goods companies in the
U.S., France and Germany. Smith holds a BSE in Systems Engineering from
Princeton University, an MBA in International Operations & Finance from the
University of Texas at Austin - Red McCombs School of Business. He earned
his Diplom-Kaufmann and Dr. rer. pol. degrees from the WHU - Otto Beisheim
School of Management in Koblenz, Germany and wrote his dissertation on
Global Supply Chain Performance and Risk Optimisation.

The Company

The KION Group is one of the world's leading providers of industrial trucks
and supply chain solutions. Its full spectrum of services includes
industrial trucks, such as forklift trucks and warehouse trucks, as well as
integrated automation technologies and software solutions for the
optimization of supply chains-including all related services. The KION
Group's solutions ensure the smooth flow of materials and information in
customers' warehouses, production plants, and distribution centers in over
100 countries.

The MDAX listed group is the largest manufacturer of industrial trucks in
the EMEA region based on the number of units sold in 2022. Based on revenue
for the year 2022, the KION Group is the leading overseas manufacturer in
China, and including domestic manufacturers, the third-largest supplier
there. The KION Group is also one of the world's leading warehouse
automation providers, based on 2022 revenue.

At the end of 2023, more than 1.8 million industrial trucks of the KION
Group were in use by customers from all manner of sectors and of varying
sizes on six continents. The group currently has more than 42,000 employees
and generated revenue of approx. EUR 11.4 billion in the 2023 financial year.

You can access up-to-date image material for the KION Group via our image
database https://kion-mediacenter.canto.global/v/MediaCenter/ as well as on
our respective brands' websites.

(cs)

Disclaimer

This release and the information contained herein are for information
purposes only and do not constitute a prospectus or an offer to sell or a
solicitation of an offer to buy any securities in the United States or in
any other jurisdiction.

This release contains forward-looking statements that are subject to various
risks and uncertainties. Future results could differ significantly from the
results that are currently expected due to various risk factors and
uncertainties such as changes in economic or industry-specific conditions,
changes in the market environment or political situation, changes in
domestic or international legislation, interest rate or exchange rate
fluctuations, legal disputes and investigations, and the availability of
financial resources. We do not assume any responsibility for updating the
forward-looking statements in this release.

Further information for media representatives

Dr. Christopher Spies
Senior Manager Corporate Communications
Cell +49 (0)151 14 06 52 27
christopher.spies@kiongroup.com

Further Information for Investors


Sebastian Ubert
Vice President Investor Relations
Phone +49 (0)69 201 107 329
sebastian.ubert@kiongroup.com

Raj Junginger
Senior Manager Investor Relations
Phone +49 (0)69 201 107 942
raj.junginger@kiongroup.com

Website: www.kiongroup.com/media

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TikTok | YouTube


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Additional features:

File: https://eqs-cockpit.com/c/fncls.ssp?u=1b68641ec234d9137e12eea0b94c86b2
File description: 0502_KION GROUP AG Press Release RS
File: https://eqs-cockpit.com/c/fncls.ssp?u=59db323aa479148c74b085547a3cf451
File description: Rob_Smith

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02.05.2024 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.

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   Language:       English
   Company:        KION GROUP AG
                   Thea-Rasche-Straße 8
                   60549 Frankfurt/Main
                   Germany
   Phone:          +49 69 20110-0
   E-mail:         info@kiongroup.com
   Internet:       www.kiongroup.com
   ISIN:           DE000KGX8881
   WKN:            KGX888
   Indices:        MDAX
   Listed:         Regulated Market in Frankfurt (Prime Standard);
                   Regulated Unofficial Market in Berlin, Dusseldorf,
                   Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
   EQS News ID:    1894481

End of News EQS News Service
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1894481 02.05.2024 CET/CEST