Mutares receives an irrevocable offer to sell Peugeot Motocycles to its Management

EQS-News: Mutares SE & Co. KGaA / Key word(s): Disposal Mutares receives an irrevocable offer to sell Peugeot Motocycles to its Management 05.03.2026 / 11:30 CET/CEST The issuer is solely responsible for the content of this announcement. Mutares receives an irrevocable offer to sell Peugeot Motocycles to its Management

• European manufacturer of premium two and three-wheeler scooters
• Revenues of ca. EUR 140 million through European & Asian footprint
• Closing expected in Q2 2026

Munich, March 5, 2026 – Mutares SE & Co. KGaA (ISIN: DE000A2NB650) has received an irrevocable offer from the company’s current management team to buy Peugeot Motocycles (PMTC), a long‑established European manufacturer of motorized two and three-wheeler vehicles. The transaction is expected to be completed in the second quarter of 2026 after the consultation of the works councils and subject to customary conditions.

Peugeot Motocycles is a well‑known brand with a heritage spanning more than a century and offers a broad portfolio of scooters and motorcycles, with a strong focus on urban mobility solutions. Since the acquisition of a majority ownership by Mutares in 2023, the company has undergone a comprehensive operational and strategic transformation aimed at strengthening its market positioning, improving efficiency and laying the foundation for sustainable growth.

Under Mutares’ ownership, Peugeot Motocycles achieved several important milestones to further establish the brand, particularly in its home market of France. These included the acquisition of DAB Motors as a step towards expanding its presence in the premium and electric motorcycle segment, as well as a recent cooperation with French motorcycle manufacturer Sherco, marked by the launch of the new XP6. Alongside these initiatives, operational improvements and structural measures contributed to a more focused and resilient organization.