Disclosure of inside information pursuant to article 17 of Regulation (EU) No. 596/2014

KION Group quantifies its outlook for 2020

Frankfurt/Main, 20 October 2020

The Executive Board of KION GROUP AG decided today to quantify the outlook for 2020. It currently anticipates that the key performance indicators for 2020 of the KION GROUP AG as a whole and of the Industrial Trucks & Services segment and the Supply Chain Solutions segment will be in the following ranges:

(*) The figures for the Industrial Trucks & Services and Supply Chain Solutions segments also include intragroup, cross-segment order intake, revenue and EBIT effects.

In view of the risks arising from the further course of the coronavirus pandemic, the assessment of the Group's business performance over the remainder of this year is still very uncertain. A further economic downturn in key sales markets would lead to KION Group's performance and financial results differing significantly from those in the outlook.

Explanations and reconciliations of key financial figures used can be found in KION GROUP AG's 2019 annual report (available at:
https://www.kiongroup.com/en/Investor-Relations/Publications/) especially on pages 57 et. seq., 69 et. seq., and 80.

Further information for investors

Antje Kelbert
Senior Manager Investor Relations
Tel: +49 (0)69 201 107 346
[email protected]

Dana Unger
Senior Manager Investor Relations
Tel: +49 (0)69 201 107 371
[email protected]