PIERER Mobility AG / AT0000KTMI02

Ad hoc notification pursuant to Article 17 Regulation (EU) No 596/2014 (MAR) Ad hoc announcement pursuant to Art. 53 LR   Wels, May 22, 2025
Restructuring plan quotas of KTM AG, KTM Components GmbH and KTM Forschungs & Entwicklungs GmbH will be fulfilled in time Changes in the Executive Board of PIERER Mobility AG   As announced, the creditors of KTM AG, KTM Components GmbH and KTM Forschungs & Entwicklungs GmbH approved a restructuring plan quota of 30% on February 25, 2025, payable by May 23, 2025. The total and final amount required to finance the quota under the three restructuring plans finally amounted to EUR 525 million. Bajaj Auto International Holdings B.V. provides the required funds to enable the continuity of the KTM business by funding the quota payment to the creditors in furtherance of KTM’s debt restructuring. For this purpose, a loan in the amount of EUR 450 million is granted to KTM AG. An additional amount of EUR 150 million is granted to PIERER Mobility AG which passes on the required balance to meet the quota payments to the KTM companies. Stefan Pierer steps down from the Executive Board of PIERER Mobility AG in June 2025 after the conclusion of the restructuring proceedings. The Supervisory Board appoints Verena Schneglberger-Grossmann, who has been with the group since November 2015, as new member of the Executive Board (Chief Legal Officer) of PIERER Mobility AG supporting the CEO Gottfried Neumeister.   Legal notice THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE OR A SOLICITATION OF AN OFFER TO PURCHASE SECURITIES OF PIERER MOBILITY AG. IT IS NOT FOR DISTRIBUTION, TRANSMISSION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.   For further information: Investor Relations Hans Lang & Melinda Busáné Bellér Tel: +43 676 4140945 or +43 676 4093711 Email: ir@pierermobility.com Website: https://www.pierermobility.com ISIN: AT0000KTMI02; Swiss Valor Number (Switzerland): 41860974; Ticker Symbol: PKTM; Bloomberg: PKTM SW, PKTM AV; Reuters: PKTM.S, PKTM.VI