TKH Group N.V.

M&A Activity • Aug 16, 2024

Closing of divestment EKB

TKH Group N.V. ("TKH") announces the closing of the divestment of EKB Groep BV ("EKB") to Eiffage Énergie Systèmes, the Eiffage Group's energy systems business, which was announced on July 16, 2024. EKB holds a strong position in both panel building and industrial automation in the process and manufacturing industries. In 2023, the turnover of EKB, part of TKH's Smart Manufacturing segment, totaled €35.5 million with an EBITA of €2.6 million and 199 FTE. The divestment of EKB will result in a one-off net profit contribution of about €11 million for TKH.

Haaksbergen, August 16, 2024

For further information: Jacqueline Lenterman Investor Relations j.lenterman@tkhgroup.com Tel: +31(0)53 5732901

Financial calendar

November 12, 2024 Market Update Q3 2024

About TKH

TKH Group N.V. (TKH) is a leading technology company. We specialize in the creation of innovative, client-centric technology systems that drive success in automation, digitalization, and electrification. By integrating hardware, software, and customer-focused insight, our smart technologies provide unique answers to customers' challenges. In doing so, we work to make the world better by creating ever more efficient and more sustainable systems.

With more than 7,000 employees, TKH pursues sustainable growth in a culture of entrepreneurship, working closely with customers to create one-stop-shop, plug-and-play innovations combined with software for Smart Vision, Smart Manufacturing, and Smart Connectivity technology.

Listed on Euronext Amsterdam (TICKER: TWEKA), we operate globally and focus our growth across Europe, North America, and Asia.

For further information, please visit www.tkhgroup.com.

Disclaimer

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