KNAUS TABBERT ACHIEVES SIGNIFICANT PROGRESS IN THE GROUP'S REALIGNMENT

EQS-News: Knaus Tabbert AG / Key word(s): Forecast/Strategic Company Decision KNAUS TABBERT ACHIEVES SIGNIFICANT PROGRESS IN THE GROUP'S REALIGNMENT 19.03.2025 / 07:18 CET/CEST The issuer is solely responsible for the content of this announcement.

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•    Numerous measures introduced for stabilization
•    Management team strengthened with experienced industry experts to accelerate the realignment
•    Positive outlook for the 2025 financial year

Knaus Tabbert is undergoing an intensive process of stabilization and realignment under the leadership of the new Management Board. In recent months, a comprehensive package of measures has been initiated to strengthen the company's competitiveness and stability. This package includes significant steps to improve production efficiency, sales-related activities and measures to support dealers, as well as significant cost reductions.
 
From model year 2026 on, we will increase our production efficiency by simplifying the chassis portfolio, which should also have a positive impact on costs. Knaus Tabbert is optimizing the model portfolio for 2026 to eliminate product versions with insufficient demand and focus more on high-demand categories. The company has also conducted intensive negotiations with its suppliers in recent months in order to achieve improved price and delivery conditions. In addition, cooperation with suppliers whose products or services did not provide sufficient added value for customers was terminated. Targeted marketing campaigns and a strong showing at the CMT in Stuttgart and other trade fairs attracted a high level of customer attention. Targeted incentives were also introduced to further promote sales. These include attractive discounts at trade fairs and additional sales campaigns to support dealers. As a result, the vehicle stock has been reduced by around 2,000 units since October 2024, within the company and at dealers combined.
 
The management team is now receiving additional support for the ongoing realignment. Jochen Hein, an experienced industry expert, should join the management team as Chief Operating Officer from May 1, 2025. He brings a broad range of experience in managing medium-sized companies and implementing operational excellence initiatives. Among other things, he was a long-standing shareholder and Senior Partner of the Conmoto Consulting Group and spent eight years as Technical Managing Director of Hymer GmbH. As Director for Digitalization, he also played a key role in developing the digitalization strategy of the Erwin Hymer Group. Knaus Tabbert has also appointed Matjaž Grm, a renowned industry expert, as a consultant. The former Chief Sales Officer of Adria Mobil brings with him many years of experience in the caravanning industry and has already proven his expertise by successfully managing a high-performance product development and sales and marketing organization. These additions to the existing management team will strengthen Knaus Tabbert's progress in its strategic realignment under the motto “back to our roots”. The aim is to adapt the product portfolio more consistently to customer demand, increase production efficiency and focus on the quality of existing products.