Supervisory Board elections: Dr. Stefan Sommer newly elected and other Supervisory Board members confirmed

At today’s Annual General Meeting of Knorr-Bremse AG, the shareholders approved the proposal of the Executive Board and Supervisory Board to distribute a dividend of EUR 1.52 per dividend-bearing share (161,200,000 shares) for fiscal 2020. The total dividend payout thus amounts to EUR 245 million or 46 percent of consolidated net income for 2020.

The AGM was held without a physical presence due to the Corona pandemic, and approximately 240 shareholders accepted the invitation to follow the event live on the Internet. In total, 91,83 percent of Knorr-Bremse’s share capital was represented at the AGM.

The shareholders elected Dr. Stefan Sommer as a new member of the Supervisory Board. The other members of the Supervisory Board, Prof. Dr. Klaus Mangold, Kathrin Dahnke, Dr. Thomas Enders, Julia Thiele-Schürhoff and Dr. Theodor Weimer were re-elected for the next term of office.

Overall, the shareholders approved all items on the agenda by a large majority in each case: including the resolution on the approval of the new compensation system for the members of the Executive Board and the resolution on the granting of approval for the implementation of an employee share program.

A recording of the virtual Annual General Meeting, the speeches of the Chairman of the Supervisory Board and the Executive Board members, and the detailed voting results for the individual items on the agenda of the Annual General Meeting are available at www.knorr-bremse.com.

DISCLAIMER

This publication has been independently prepared by Knorr-Bremse AG (“Knorr-Bremse”). It may contain forward-looking statements which address key issues such as strategy, future financial results, events, competitive positions and product developments. Such forward-looking statements are subject to a number of risks, uncertainties and other factors, including, but not limited to, those described in Knorr-Bremse’s disclosures. Should one or more of these risks, uncertainties or other factors materialize, or should underlying expectations not occur or shall assumptions prove incorrect, the actual results, performances or achievements of Knorr-Bremse may vary materially from those described in the relevant forward-looking statements. Such forward-looking statements may be identified by words such as “expect,” “want,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “estimate,” “will,” “project” or words of similar meaning. Knorr-Bremse does not intend, nor does it assume any obligation, to update or revise its forward-looking statements regularly in light of developments which differ from those anticipated.

This publication may include – in the applicable financial reporting framework not clearly defined – supplemental financial measures that are or may be alternative performance measures (non-GAAPmeasures). For the assessment of the net assets, financial position and results of operations of Knorr- Bremse, these supplementary financial figures should not be used in isolation or as alternatives to the financial figures presented in the consolidated financial statements and determined in accordance with the relevant financial reporting framework. The calculation by other companies that report or describe similarly titled alternative performance measures may vary despite the use of the same or similar terminology.