EQS-News: KION showcases how Physical AI delivers measurable customer value at NVIDIA GTC Berlin 2026. EQS-News: KION GROUP AG / Key word(s): Miscellaneous KION showcases how Physical AI delivers measurable customer value at NVIDIA GTC Berlin 2026 (news with additional features) 21.10.2026 / 13:41 CET/CEST The issuer is solely responsible for the content of this announcement. KION showcases how Physical AI delivers measurable customer value at NVIDIA GTC Berlin 2026 * KION has successfully integrated Physical AI into regular operations and is driving forward its cooperation with partner GXO in Épinoy, France * Using AI-powered digital twins and highly realistic simulation environments, KION reduces the commissioning time for autonomous vehicles from weeks to just a few days * New Physical AI applications improve the performance, safety, and scalability of autonomous warehouse operations * Together with technology partners such as NVIDIA and Accenture, KION is further expanding its Physical AI ecosystem and laying the foundation for the scaled deployment of autonomous solutions for a growing number of customers worldwide Frankfurt am Main, October 21, 2026 - KION is demonstrating how Physical AI is moving beyond concept and delivering measurable business value in real-world supply chain operations. At NVIDIA GTC Berlin 2026, KION showcases how advanced AI, digital twins, autonomous vehicles, and a growing ecosystem of technology partners are helping customers accelerate deployment, improve safety and increase performance. From simulation to live operations A key milestone is the successful integration of a fleet of autonomous vehicles in daily operations at GXO's facility in Épinoy, France. After an initial pilot in early 2026, the site now demonstrates how Physical AI can be applied in complex logistics environments, allowing multiple autonomous vehicles to operate efficiently alongside warehouse personnel and other equipment. This approach has reduced the time required for on-site deployment by over 60 percent. "Physical AI is a strategic enabler for orchestrating end-to-end solutions across the entire supply chain - from simulation and validation to real-world operations. By combining KION's industry and automation expertise with NVIDIA's technologies, we drive design, deployment and scaling of our solutions forward. This enables our customers to accelerate rollouts, increase predictability, and strengthen operational resilience while minimizing disruption to ongoing operations", said Rob Smith, CEO of KION. Accelerating time to value through digital twins KION leverages Physical AI to design, validate, and deploy automation in simulated and real warehouse environments by combining AI-based decision making with industrial trucks and warehouse robots. This approach enables safer, faster, and more reliable intralogistics operations while creating tangible operational benefits for customers. A central element of KION's Physical AI strategy is the use of AI-powered digital twins. Built using advanced simulation technologies enriched with spatial intelligence generated on the customer's site, these digital representations enable autonomous vehicles and software systems to be trained, tested, and optimized before physical deployment. By moving critical testing and validation steps into simulation, KION can reduce commissioning from weeks to just a few days, accelerating operational readiness and time to value. Safety is integral to this approach. KION is working with NVIDIA on a concept that uses AI not only to improve productivity, but also to support the safe operation of autonomous solutions alongside warehouse personnel. The NVIDIA Halos blueprint provides an important foundation for this AI-based safety concept, which KION is integrating into its solutions. Expanding a growing ecosystem To accelerate and scale its efforts - with hardware, software and computing power - KION collaborates with technology leaders and ecosystem partners. Together with NVIDIA, Accenture and other partners, the company is bringing together world-class expertise in simulation, computing, spatial intelligence, perception, and autonomous operations to accelerate innovation for customers. Two years ago, KION started collaborating with Accenture to optimize supply chains and build the warehouse of the future using NVIDIA's advanced AI and simulation technologies. Since then, the collaboration has evolved significantly. Most recently, Accenture supported KION in building a digital twin and simulation capabilities on NVIDIA Omniverse and MEGA technologies for the lighthouse project in GXO's logistics facility in Épinoy. This enabled KION to virtually test, optimize and commission warehouse operations and autonomous systems before deployment. This broad technology ecosystem approach supports the development of interoperable solutions that can be deployed faster and scaled more efficiently across global supply chains. Physical AI delivers proven value across customer operations At a ROSSMANN regional warehouse, KION successfully delivered the Robotic Case Picker (RoCaP) in October 2026, an autonomous industrial truck that uses AI-powered camera scanning and an advanced gripper arm to identify, pick, and securely stack individual packages - even in complex brownfield environments and when packaging is damaged. After the pilot exceeded expectations for speed and gripping performance, the customer ordered additional vehicles - proving that Physical AI can automate labor-intensive order picking, reduce errors, and relieve employees from physically demanding tasks. About Physical AI at KION Physical AI enables machines to sense, understand, and independently act in the real world. By giving industrial trucks and warehouse solutions a human-like understanding of their environment, KION bridges the gap between digital systems and physical operations. The company simulates and perfects solutions in a virtual environment before they reach the warehouse floor, making operations safer, faster, and more reliable. Partnering with global technology leaders, KION uses Physical AI to help customers tackle real-world challenges like labor shortages and trade volatility, ensuring more resilient and efficient operations globally. The Company KION is shaping world trade - globally, regionally, locally - empowering its customers to unlock the full potential of their supply chains: efficient, smart, and reliable with real-time traceability and high delivery speed. The company's full spectrum of services includes industrial trucks, integrated automation technologies, AI-based solutions, and software as well as all related services. KION's supply chain solutions enable the smooth flow of materials and information in its customers' warehouses, production plants, and distribution centers in over 100 countries worldwide. The MDAX listed group is the largest manufacturer of industrial trucks in the EMEA region based on the number of units sold in 2024. Based on revenue for the year 2024, KION is the leading overseas manufacturer in China, and including domestic manufacturers, the third-largest supplier there. In the warehouse automation market, KION is the world's leading provider based on 2024 revenue. At the end of 2025, more than 2.0 million industrial trucks of KION were in use by customers from all manner of sectors and of varying sizes on six continents. The group currently has more than 42,000 employees and generated revenue of approx. € 11.3 billion in the 2025 financial year. You can access up-to-date image material for the KION Group via its image database https://kionmediacenter.canto.global/v/MediaCenter/ as well as on its respective brands' websites. Disclaimer This release and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell or a solicitation of an offer to buy any securities in the United States or in any other jurisdiction. This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ significantly from the results that are currently expected due to various risk factors and uncertainties such as changes in economic or industry-specific conditions, changes in the market environment or political situation, changes in domestic or international legislation, interest rate or exchange rate fluctuations, legal disputes and investigations, and the availability of financial resources. sharewise GmbH. do not assume any responsibility for updating the forward-looking statements in this release. Further information for media representatives Dr. Christopher Spies Senior Director Group Communications Cell +49 (0)151 14 06 52 27 [email protected] Website: www.kiongroup.com/media Follow sharewise GmbH. on: LinkedIn | Instagram | Facebook | WeChat | TikTok | YouTube Further information for investors Raj Junginger Director Investor Relations Phone +49 (0)69 201 107 942 [email protected] Additional features: 21.10.2026 CET/CEST Dissemination of a Corporate News, transmitted by EQS News - a service of EQS Group. The issuer is solely responsible for the content of this announcement. The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. View original content: EQS News Language:EnglishCompany:KION GROUP AGThea-Rasche-Straße 860549 Frankfurt/MainGermanyPhone:+49 69 20110-0E-mail:[email protected]:www.kiongroup.comISIN:DE000KGX8881WKN:KGX888Indices:MDAXListed:Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate BSXLEI Code:5299005KY91C4C6U9H17EQS News ID:2419606 | End of News | EQS News Service | 2419606 21.10.2026 CET/CEST The discussion is visible to sharewise members.

Brightstar Capital takes over Canton material handling product, service provider. CANTON TWP. - Brightstar Capital Partners, a middle-market private equity firm founded in 2015 and headquartered in New York City, announced it had acquired a majority interest in Canton Township-based Material Handling Group USA, which provides new, used, and rental material handling equipment, aftermarket parts, and technician-led maintenance services. Financial terms were not disclosed. MHG serves customers across Michigan, New York, and the Mid-Atlantic region through its Fraza, Vitan Equipment, Matthai Material Handling, and Buffalo Lift Trucks brands. Roger Runyan will continue to lead MHG as CEO, and he and his management team will retain a meaningful ownership stake. Brightstar will partner with industry veteran Jonathan Dawley, former president and CEO of Kion North America, a unit of Germany's Kion AG, a manufacturer of industrial trucks and supply chain services, who will serve as executive chair of MHG. Material Handling Group began as a single-location forklift repair shop in Detroit in 1938, and aftermarket services have remained the foundation of the business ever since. Roger Runyan acquired the business in 2017 after more than 20 years working at MHG. Each of MHG's brands is anchored by a recurring aftermarket business, spanning service, parts, and rental, that is critical to warehousing, logistics, and manufacturing operations at the center of today's economy. "We've spent years building MHG into a business our customers and employees can count on, and this partnership gives us the resources to take it to the next level," said Runyan. "Brightstar brings real experience with technician-led, service-based businesses like ours, and I'm excited to put that expertise and their resources to work to accelerate our growth." The investment reflects Brightstar's continued deployment of its dedicated lower middle market strategy, which focuses on partnering with founder-, family-, and entrepreneur-led businesses to support long-term growth. "MHG is the kind of owner-led, service-driven business our lower middle market strategy was designed to partner with," said Charles Yoon, partner at Brightstar and managing partner of the firm's lower middle market strategy. "Distribution buildout, reshoring, and the shift toward automated warehouses are expanding the equipment base that needs skilled service, and MHG's technician-led model is suited for that. We believe the Company is well positioned for continued growth, both organically and through selective M&A."

Kion cut its 2026 earnings guidance and pushed back its margin targets beyond 2027, though its shares rose about 4% on Wednesday. The forklift maker said third-quarter orders in its Industrial Trucks & Services (ITS) segment fell short of expectations. Kion now expects adjusted EBIT of €815 million-€875 million, down from €880 million-€980 million. It lowered revenue guidance to €11.45 billion-€11.75 billion from €11.53 billion-€12.03 billion, and free cash flow guidance to €400 million-€500 million from €420 million-€540 million. The company now expects to reach its double-digit adjusted EBIT margin targets later than 2027. Preliminary third-quarter adjusted EBIT was about €203 million, below the Vara Research consensus of €211 million. Revenue was about €2.84 billion, in line with expectations.