EQS-PVR: Knorr-Bremse Aktiengesellschaft: Release according to Article 43 Section 2, 40 Section 1 of the WpHG [the German Securities Trading Act] with the objective of Europe-wide distribution

[Convenience Translation]

Notification pursuant to Sec. 43 of the German Securities Trading Act (WpHG)

Notifying Party: Heinz Hermann Thiele Familienstiftung

Issuer: Knorr-Bremse Aktiengesellschaft, Moosacher Straße 80, 80809 Munich, Germany

Pursuant to Section 43 para. 1 WpHG, Heinz Hermann Thiele Familienstiftung notified the following to Knorr-Bremse AG, referring to the voting rights notification by the Notifying Party pursuant to Sections 33, 34 WpHG dated on 9 December 2024, corrected on 12 December 2024, regarding the exceeding of the thresholds of 3%, 5%, 10%, 15%, 20%, 25%, 30% and 50% of the voting rights in Knorr-Bremse Aktiengesellschaft (the 'Company') by way of attribution through the entities listed in section 8 of the annex to the voting rights notification:

1. Aim of the investment (Sec. 43 (1) sentence 1 and 3 WpHG)

a) The indirect participation held in the Company by the Notifying Party is attributed to the Notifying Party based on the fulfilment of a legacy by the late Heinz Hermann Thiele and the related acquisition of shares in Stella Vermögensverwaltungs GmbH and TIB Vermögens- und Beteiligungsholding GmbH. Therefore, the aim of the indirect acquisition of the voting rights in the Company is neither to implement strategic goals nor to generate trading profits.

b) The Notifying Party currently does not intend to acquire additional voting rights in the Company directly or indirectly, by purchase or otherwise, within the next twelve months. The Notifying Party is, however, monitoring the development of the markets and of the Company and does not want to rule out the possibility of obtaining additional shares and, thus, voting rights in the Company over the next twelve months.

c) Going forward, the Notifying Party intends to be represented by at least one member on the Company's supervisory board. Besides that, the Notifying Party is currently not seeking to exert any influence on the composition of administrative, managing, or supervisory bodies of the Company, except for the exercise of its voting right at the Annual General Meeting.

d) The Notifying Party currently does not intend to materially change the capital structure of the Company, in particular with regard to the equity and debt ratio and the dividend policy.

2. Source of funds used to acquire the voting rights (Sec. 43 (1) sentence 4 WpHG)

Neither own funds nor external funds were used to acquire the voting rights. The (indirect) acquisition occurred by way of fulfilment of a legacy.