Corporate News Archive - STEYR MOTORS AG

Steyr Motors AG completes the acquisition of BUKH A/S – Important step into new markets with high synergy potential

Closing successfully completed: initial consolidation from Q2 2026
Strategic quantum leap: expansion into a full-range provider (24–700 hp) with significantly higher revenue potential per customer
Scaling & synergies: strengthening production, sales, and aftermarket with significant cross-selling potential
Value-accretive: positive earnings contribution expected already in the first year of consolidation

Steyr, Austria, 7 April 2026 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civil applications, has successfully completed the acquisition of 100% of the shares in the Danish companies BUKH A/S and SLC Ejendomme ApS. With this transaction, Steyr Motors consistently continues its strategic expansion toward becoming a leading provider of mission-critical defense and marine applications. The initial consolidation of the BUKH Group will start from the second quarter of 2026.

Julian Cassutti, CEO of Steyr Motors AG, comments: “With the successful closing of BUKH, we are taking a strategic quantum leap in our marine and defense business. The expansion of our portfolio, access to new markets, and the resulting synergy potential lay the foundation for further international growth.”

With BUKH, Steyr Motors integrates a leading internationally specialist for SOLAS-certified engines (Safety of Life at Sea) with a globally established distribution and service network. The transaction significantly expands the performance range from the previous range of 120–300 hp to a future range of 24–700 hp. This enables Steyr Motors, for the first time, to offer a nearly complete marine portfolio, significantly increases revenue potential per customer, and enhances competitiveness in international tenders.

At the same time, Steyr Motors achieves substantial scaling effects following the completion of the transaction: sales volume in the SOLAS segment increases significantly, a second European production site strengthens the industrial base and enhances supply chain resilience. In addition, BUKH’s complementary sales network accelerates market access, particularly in Asia and South America, and opens up additional cross-selling opportunities.

Strategically, the acquisition is particularly important in the defense sector. The expanded performance range enables stronger positioning in the growing market for unmanned surface vessels (USVs). At the same time, Steyr Motors further strengthens its position in the SOLAS segment, which is characterized by high regulatory barriers to entry, long spare parts cycles, and a high-margin, recurring aftermarket business.

The acquisition is expected to have a positive impact on earnings already in the first full year of consolidation and will sustainably strengthen Steyr Motors’ operational profitability and EBIT margin in the coming years.

To ensure a smooth integration process, the former owner and CEO of BUKH, Søren Christiansen, will remain on BUKH’s Supervisory Board for at least two years and actively support the integration. As of April 1, Torben Damberg has assumed the operational leadership of BUKH. The mechanical engineer has extensive experience across the industrial value chain and most recently served as CTO/COO at BUKH, where he was responsible for key parts of the operational business.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives.

For further information, please contact:

Steyr Motors AG
Investor Relations
Phone: +43 676 6222 367
Email: ir@steyr-motors.com
www.steyr-motors.com

Press contact
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
Email: sh@crossalliance.de
www.crossalliance.de

7 April 2026

Steyr Motors proposes two experienced industry and capital market experts to the Annual General Meeting for new appointments to the Supervisory Board

Corporate News

Steyr, Austria, 10 March 2026 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civil applications, is planning to appoint new members to its Supervisory Board and is proposing Rolf Wirtz and Gerhard Schwartz, two experienced industry and capital market experts, as new members of the Supervisory Board at the Annual General Meeting on 10 April 2026.

After the former major shareholder, Mutares SE & Co. KGaA, sold its entire stake in Steyr Motors AG in November 2025, the previous Supervisory Board members and representatives of Mutares SE & Co. KGaA, Dr. Christian Klingler and Fabian Schlegel, are no longer available for re-election. Their term of office on the Supervisory Board will end at the close of the Annual General Meeting on 10 April 2026.

In the invitation to the Annual General Meeting published today, the Company is therefore proposing two new members for election to the Supervisory Board, both of whom have extensive industry and capital market expertise.

Rolf Wirtz is a top manager with many years of experience in the defense sector, most recently serving as CEO of TKMS until 2022. In addition to his in-depth expertise in the defense industry, which is essential for Steyr Motors, he also has extensive management experience in an international industrial context and, as the designated Chairman of the Supervisory Board, will support the Management Board in the further expansion of the business in the military and civil sectors.

Gerhard Schwartz is well known on the Austrian capital market as a financial expert and can look back on a long career as an auditor/tax advisor, most recently as managing partner at EY. As the designated head of the audit committee, he will support Steyr Motors in the further expansion of key financial and control functions in order to successfully position the organisation for further growth.

In addition, the company proposes the re-election of Alexander Fitzka, Investment Manager of the B&C Group, who has been a member of the Supervisory Board since August 2025.

Julian Cassutti, CEO of Steyr Motors: “I am delighted to continue to have a highly qualified and experienced Supervisory Board at my side with the newly proposed Supervisory Board members, who will provide the company with the best possible support and supervision as it takes its next steps towards growth. I would like to express my sincere thanks to the outgoing Supervisory Board members for their open and trusting cooperation for the benefit of the company.”

The Annual General Meeting of Steyr Motors AG will take place on 10 April 2026 at 10 a.m. in Steyr. The relevant documents are available from today on the Steyr Motors AG website in the Investor Relations section at ir.steyr-motors.com.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives.

For further information, please contact:

Steyr Motors AG
Investor Relations
Phone: +43 676 6222 367
Email: ir@steyr-motors.com
www.steyr-motors.com

Press contact
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
Email: sh@crossalliance.de
www.crossalliance.de

10 March 2026

Steyr Motors publishes 2025 Annual Report – accelerated growth expected in 2026 – new applications in unmanned surface vehicles and power generators as additional growth drivers

Corporate News

Revenue rises by 16.4% to EUR 48.5 million
Adjusted EBIT at EUR 7.0 million, adjusted EBIT margin of 14.5% achieved
Total order backlog increased to over EUR 300 million by the end of 2030
Strategic acquisition of BUKH strengthens marine and defense position
Outlook for 2026: Revenue of EUR 75 to 95 million expected with an EBIT margin of at least 15%

Steyr, Austria, 6 March 2026 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civil applications, today published its Audited Annual Report for the 2025 financial year, confirming the preliminary figures announced on 3 February 2026. The company achieved double-digit revenue growth, met its adjusted earnings forecast and, in the reporting year, set the strategic course for a significant expansion of its business activities in the current 2026 financial year and beyond.

Operational development in 2025 – profitable growth despite temporary effects

Steyr Motors increased its revenue in the 2025 financial year by 16.4% to EUR 48.5 million (previous year: EUR 41.7 million). Growth was driven by higher sales volumes for engines as well as increases in the spare parts and engineering business.

EBIT reached EUR 5.8 million, corresponding to an EBIT margin of 11.9%. Adjusted for one-off M&A consulting costs and capital market-related effects from the Extraordinary General Meeting, EBIT amounted to EUR 7.0 million, corresponding to an adjusted EBIT margin of 14.5%.

Business performance in 2025 was influenced by temporary project-related delays, including delayed budget approvals by government institutions and date-related postponements of highly profitable license revenues. However, the existing order backlog and extensive sales pipeline underscore the structurally strong demand base.

The Management Board and Supervisory Board intend to propose to the Annual General Meeting on 10 April 2026 that a dividend of EUR 0.25 per dividend-bearing share be distributed for the 2025 financial year.

Record order backlog ensures high visibility until 2030

As of 31 December 2025, the total order backlog – consisting of firm orders, framework agreements and non-binding sales commitments – amounts to over EUR 300 million through the end of 2030. This gives Steyr Motors high planning and sales visibility for the coming years.

New strategic framework agreements with renowned partners – including Rheinmetall Landsysteme GmbH, Laborde Products Inc. (USA) and other new customers in North America and Asia – are strengthening the company’s international market position in the long term. In addition, there are further opportunities with a volume of more than EUR 500 million that have not yet been budgeted.

Technological development and new growth areas

In the 2025 financial year, Steyr Motors made significant progress in the further development of its technology and product portfolio. With the 2-cylinder auxiliary power unit (APU) for military applications and a new generation of engines in the 300 to 500 hp power range, the company is specifically targeting additional applications in the marine and special vehicle sectors.

With the modular M12 Power Unit (M12PU), a new business segment in the field of mobile power generation has also been successfully established, opening up cumulative sales potential of well over EUR 100 million by 2030. With a superior power-to-weight ratio, the M12PU stands out from leading players in the market. The start of series production is scheduled for the second half of 2026.

In addition, Steyr Motors is tapping into additional market opportunities in the field of unmanned surface vehicles (USVs), positioning itself in a strategically important growth segment of the defense sector.

Strategic acquisition of BUKH – expansion to become a full-range supplier in the marine sector

With the agreement signed in February 2026 to acquire the Danish company BUKH A/S, Steyr Motors is specifically strengthening its position in the international marine and defense business. BUKH is a leading manufacturer of SOLAS-certified engines for rescue and military boats.

Through the integration, Steyr Motors is expanding its performance range to 24 to 700 hp and positioning itself as a virtually comprehensive supplier for mission-critical marine applications. The transaction opens up additional tendering and cross-selling potential, strengthens the high-margin aftermarket business, and will have an EBIT-boosting effect in the first full year of consolidation. In addition, the industrial base will be expanded to include a second European production site.

Outlook for 2026 – significant acceleration in growth expected

Against the backdrop of a high order backlog, increasing defense spending, and the strategic expansion of the portfolio, the Management Board expects a significant expansion of business activities in the 2026 financial year.

Revenue is expected to rise to between EUR 75 million and EUR 95 million. The EBIT margin is expected to be at least 15%. Growth drivers include intensified market activities in Asia, the MENA region, and North America, momentum from the new mobile energy generation business segment, expansion in the field of unmanned systems, and planned M&A transactions.

The medium-term forecast for the 2027 financial year remains unchanged.

Julian Cassutti, CEO of Steyr Motors: “2025 was a year of strategic decisions for Steyr Motors – 2026 and the following years will be marked by consistent scaling. Despite temporary postponements of some projects, we achieved double-digit revenue growth, an adjusted EBIT margin of 14.5%, and created high visibility with an order backlog of more than EUR 300 million until 2030.

At the same time, we have consistently expanded our technological foundation and, with the acquisition of BUKH, taken the decisive step towards becoming a full-range supplier in the mission-critical marine sector. With new platforms, our entry into mobile energy generation and a strong international pipeline, we are addressing structural growth drivers in the defense and special applications environment.

Against this backdrop, we expect a significant acceleration in revenue and earnings in 2026. Our goal is clear: profitable, high-margin growth and the consistent expansion of our global market position.”

Annual Report and Conference Call

The 2025 Annual Report is available on the Steyr Motors AG website in the Investor Relations section at ir.steyr-motors.com.

A conference call for representatives of the press, analysts, and institutional investors will also take place today at 9:00 a.m. (CET). The current investor presentation on the 2025 financial results will be published at ir.steyr-motors.com. Registration for the earnings call is possible at the following link:

https://webcast.meetyoo.de/reg/iwx5jgQP9vVv

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives.

For further information, please contact:

Steyr Motors AG
Investor Relations
Phone: +43 676 6222 367
Email: ir@steyr-motors.com
www.steyr-motors.com

Press contact
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
Email: sh@crossalliance.de
www.crossalliance.de

6 March 2026

Steyr Motors secures new long-term framework agreement with KNDS until 2034 for at least 500 motor generator units

Corporate News

Expansion of strategic cooperation with KNDS, a leading European systems integrator for land systems
Significant contribution to the planned ramp-up of Leopard 2 production as part of European defense modernization
Strengthening Steyr Motors’ role as a reliable supplier of mission-critical power supply systems

Additional backing for production volumes and technological expertise at the Austrian site

Steyr, Austria, 02 March 2026 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civilian applications, announces the conclusion of an extended framework agreement with KNDS. The contract covers the delivery of at least 500 motor generator units (“MGUs”) in total and runs until 2034. This agreement represents a significant milestone in the long-standing partnership between the two companies.

The compact 2-cylinder diesel engines with integrated generator are used for reliable power generation in military applications and are specifically designed for the Leopard 2 battle tank. The units are also used in the Leguan bridge-laying system.

The new order is part of the German government’s extensive modernization and procurement programs. Given the changed security situation in Europe, Germany is investing heavily in expanding and modernizing its armed forces, particularly by acquiring new equipment and vehicles. A central component of this strategy is the planned ramp-up of systems such as the Leopard 2 battle tank. With its technologically advanced motor generator units, Steyr Motors is contributing significantly to the successful implementation of these initiatives.

Julian Cassutti, CEO of Steyr Motors, comments: “Our new framework agreement with KNDS highlights our customers’ trust in the quality, reliability, and performance of our products. As a European manufacturer of state-of-the-art drive solutions, we are proud to make a substantial contribution to the operational readiness and long-term viability of European defense systems.”

Steyr Motors’ MGU is characterized by its compact design, high robustness, and outstanding efficiency. It ensures the self-sufficient power supply of cutting-edge military platforms – a key requirement in increasingly digitized and networked deployment scenarios. With the extended contract, Steyr Motors is strengthening its position as a strategic supplier in the field of special military drives and emphasizing the importance of Austrian high-end technology within the European defense industry.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives.

For further information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press contact:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

2 March 2026

Steyr Motors AG acquires BUKH A/S – strategic expansion to become the leading supplier for mission-critical defense and marine applications

Corporate News

Acquisition of Danish marine engine manufacturer BUKH A/S – a leading international SOLAS specialist with a strong global distributor and service network
Expansion of the service range to an almost comprehensive marine portfolio enables significantly increased revenue potential per customer
Acquisition expands opportunities in the defense sector for unmanned surface vessels (USV)
Strengthening of position as leading SOLAS player in the civil and defense segment with recurring aftermarket business
Acquisition already contributing to EBIT in its first full year of consolidation, while maintaining a solid capital structure

Steyr, Austria, 25 February 2026 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civilian applications, has today signed a binding agreement for the acquisition of 100% of the shares in the Danish companies BUKH A/S and SLC Ejendomme ApS. BUKH A/S is a leading international specialist in SOLAS-certified engines for rescue and military boats. This acquisition marks a strategic step for Steyr Motors in becoming a broadly positioned, globally scalable supplier in the field of mission-critical marine applications.

Comprehensive marine engines portfolio

By integrating BUKH, Steyr Motors is expanding its range of engines from the previous 120 to 300 hp to 24 to 700 hp in the future. This creates a virtually comprehensive portfolio of marine engines for the first time, enabling Steyr Motors to position itself as a full-range supplier. The expanded product range opens up new opportunities for Steyr Motors to participate in international tenders across multiple performance levels, significantly increasing the revenue potential per customer. At the same time, it further strengthens the company’s position as a system provider in the field of mission-critical marine applications.

BUKH is internationally recognized as a leading supplier in the SOLAS (Safety of Life at Sea) segment – a highly regulated market with high barriers to entry and long-term spare parts and service cycles. The globally applicable SOLAS regulations define binding requirements for ship safety, rescue equipment (e.g. lifeboats), fire protection, emergency and evacuation systems, among other things. The engines are used in particular in lifeboats, fast rescue boats, civil special applications, and in the defense sector – wherever maximum reliability under extreme conditions is required. Founded in 1899 and headquartered in Krusaa, Denmark, BUKH employs staff in Denmark and China. The company is led by an experienced, well-connected, and dedicated management team.

Significant scaling effect

BUKH’s annual sales volume of SOLAS-certified engines is around four times the previous SOLAS marine volume of Steyr Motors. In addition to a significant increase in unit numbers, the transaction strengthens the industrial base with a second European production site and, at the same time, increases supply chain resilience.

In addition, BUKH has a strong international distributor and service network, which significantly improves market access, particularly in Asia and South America. This complementary customer and sales structure enables immediate cross-selling potential and accelerated international scaling without additional infrastructure investments. Significant sales synergies are also expected.

The expanded performance range opens up additional opportunities – especially in the field of unmanned surface vessels (USVs). Steyr Motors is already experiencing strong growth in demand in this area, but has not been able to take on all projects due to its limited performance range. The integration of the BUKH platform strategically closes this gap.

At the same time, the acquisition strengthens the company’s position as leading SOLAS player in the civil and defense marine segment. SOLAS certifications create long-term customer loyalty, recurring aftermarket revenue, and a stable, high-margin business structure.

High synergy and margin potential

The combination of both companies opens up substantial operational and strategic synergy effects. The complementary product portfolios and sales structures create immediate cross-selling potential, particularly in the high-margin aftermarket business, which traditionally generates above-average spare parts and service profits in the SOLAS segment.

A key strategic lever lies in the planned platform strategy: combining BUKH’s SOLAS integration expertise with Steyr Motors’ know-how and base engines creates a foundation for accelerated development cycles, shorter time-to-market processes, and more efficient R&D resource utilization. In addition, harmonizing IT and support structures creates further efficiency opportunities at the Group level. Overall, Steyr Motors expects the integration to result in a sustainable improvement in operating profitability and a structural strengthening of EBIT margins in the coming years.

Julian Cassutti, CEO of Steyr Motors, comments: “By acquiring BUKH, we are gaining a globally recognized SOLAS specialist for mission-critical applications. With an expanded performance portfolio, we can immediately address additional market opportunities, particularly in the rapidly growing USV segment, where we are already experiencing very high demand. This transaction represents a strategic quantum leap for us in the marine and defense business and also marks the start of a series of potential further acquisitions as part of our strategic M&A agenda.”

Financing of the transaction

The purchase price will be financed through a balanced combination of cash and a capital increase by contribution in kind. A significant portion of the purchase price will be paid in cash, while the remaining portion will be paid through the issuance of new shares from authorized capital. The seller is subject to a lock-up obligation. Additionally, an earn-out model linked to operating performance indicators for the coming financial years has been agreed upon, thus ensuring that the interests of the buyer and seller are aligned. The transaction structure is designed to maintain Steyr Motors AG’s solid capital structure while allowing scope for further organic growth and strategic initiatives. On an EBIT basis, the acquisition will already have a clear value-enhancing effect in the first full year of consolidation.

The transaction is subject to customary conditions precedent and is expected to close by the end of the first quarter of 2026.

Continuity of leadership

To ensure a smooth integration process, the previous owner and CEO of BUKH, Søren Christiansen, will remain on the BUKH Supervisory Board for at least two to three years and actively support the integration. This will ensure the transfer of knowledge, stability of distributors, and continuity of operations.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives.

For further information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press contact:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

25 February 2026

Steyr Motors: Earnings Call Invitation on the Publication of the FY 2025 Annual Report on Friday, March 6, 2026, at 9:00 (CET)

Corporate News

Steyr, Austria, 25 February 2026 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civil applications, will publish its FY 2025 Annual Report on March 6, 2026. An earnings call will be held on that day at 9:00 (CET).

The event will be hosted by Julian Cassutti, CEO of Steyr Motors, who will lead through the results of the financial year 2025 and the outlook for 2026, as well as an overall picture of the business development of Steyr Motors, followed by a Q&A session.

The presentation will be held in English.

To participate in the earnings call, please register here:

https://webcast.meetyoo.de/reg/iwx5jgQP9vVv

All participants will be on mute during the presentation. Participants who wish to ask a question, may do so after presentation during the Q&A session.

The accompanying presentation will also be available on the company’s website at https://ir.steyr-motors.com/en/publications/ prior to the start of the earnings call.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives.

For further information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press Contact in Germany, Austria, Schweiz
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

24 February 2026

Steyr Motors Transitions Group Structure to a Holding Model – Platform for Accelerated Growth and International Expansion

Corporate News

Creation of a clear holding structure that separates strategic management from operational business
Increased financial flexibility and transaction capability to support planned M&A activities
Optimization of governance, risk structure, and scalability to support sustainable international growth

Steyr, Austria, 17 February 2026 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civilian applications, is planning a strategic realignment of its corporate structure. Its operational business activities are to be transferred to a wholly-owned subsidiary, with Steyr Motors AG set to function as a strategic holding company in future.

With this reorganization, Steyr Motors is creating the structural foundation for its next phase of growth. The clear separation between strategic management and operational business activities enhances transparency and efficiency in corporate leadership and strengthens governance.

The holding structure enables greater transactional flexibility, as acquisitions, investments, or joint ventures can be structured and financed flexibly at the level of individual subsidiaries – with clear risk separation and optimized capital allocation, as well as faster integration of new business areas. In addition, the new structure improves financing options. Individual business units can be provided with equity or debt capital in a targeted manner, while at the same time increasing the company’s attractiveness to strategic investors and financing partners. At the same time, central functions are consolidated across the Group, and key intangible assets as well as core technologies are structurally safeguarded. This increases the scalability of the business model and creates a robust platform for both organic and inorganic growth.

Julian Cassutti, CEO of Steyr Motors: “With the new holding structure, we are establishing the organizational and financial foundation for Steyr Motors’ next stage of development. Specifically, we are preparing the Group for planned acquisitions and creating the flexibility to efficiently integrate new business areas and technological expertise. Our goal is to further develop Steyr Motors as a technologically advanced, globally scalable group of companies.”

The restructuring is subject to the approval of Steyr Motors AG’s Annual General Meeting on April 10, 2026. Approval from the Steyr Motors AG Supervisory Board for the resolution in principle is expected in the coming days.

Further details on the planned restructuring will be published in the Management Board’s de-merger report, along with the invitation to the Annual General Meeting.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives.

For further information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press contact:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

17 February 2026

Steyr Motors with double-digit growth in 2025 and strong outlook for 2026

Corporate News

Revenue and adjusted EBIT in line with the revised 2025 forecast
Revenue growth driven by both Civil and Defense segments
Significant sales potential unlocked
Outlook 2026: Strong revenue increase expected with rising EBIT margin

Steyr, Austria, 3 February 2026 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civilian applications, closed the 2025 financial year, with positive operational developments in its Civil and Defense business segments. The company achieved its revenue and earnings targets set out in the revised forecast issued in the fourth quarter of 2025. Based on preliminary and unaudited figures, Steyr Motors generated EUR 48.5 million in revenue in the 2025 financial year. This represents a 16.4% increase from the previous year’s figure of EUR 41.7 million.

Growth was driven by increased sales of engines as well as increases in the spare parts and engineering business. Both operating segments performed solidly. Revenue from the Civil segment totaled EUR 19.6 million, while revenue from the Defense segment amounted to EUR 28.8 million.

In terms of earnings, Steyr Motors generated an EBIT of EUR 5.8 million in the 2025 financial year, corresponding to an EBIT margin of 11.9%. Adjusted EBIT amounted to EUR 7.0 million, corresponding to an adjusted EBIT margin of 14.5%. The difference between EBIT and adjusted EBIT is primarily due to one-time costs for M&A consulting and capital market-related effects from the extraordinary general meeting. Overall, business performance in 2025 was characterized by further international market expansion and targeted efficiency improvements along the supply chain.

New growth opportunities unlocked

Operational and strategic highlights in the 2025 financial year include numerous new contracts, generating additional sales potential that substantially exceeds the previously communicated order backlog. New strategic framework agreements with renowned partners, including Rheinmetall Landsysteme GmbH, Laborde Products Inc. (USA), and other new customers in North America and Asia, strengthen the company’s international presence and highlight the attractiveness of its portfolio.

Of particular note is the signing of a multi-year framework agreement with Asian distribution partner Trysun for the Asian marine market, with a guaranteed minimum volume of 750 engines by 2030, as well as the operational launch of a joint venture in China. This joint venture will enable additional growth without any capital investment and is expected to lead to local production in the future. Steyr Motors’ C2 emissions certification, announced in September 2025, opens up further revenue potential of at least EUR 100 million in the world’s largest shipbuilding market. Other growth steps include successful market entry in Poland, new marine supply agreements in several European countries and Asia, and a significant new customer order from India. Additionally, new customers were acquired, particularly in the US, and the presence in the MENA region was expanded.

New business areas and technological expansion as additional growth drivers

Steyr Motors has also established a new business segment focused on mobile power generation, with projected cumulative revenue in excess of EUR 100 million by 2030. The new power units are already attracting considerable customer interest and are tailored for mission-critical defense scenarios, such as anti-drone defense systems, energy solutions for military and special operations, and base camps. Series production is scheduled to begin in the second half of 2026.

In addition, Steyr Motors has identified new opportunities in the US beyond its existing applications for the supply of engines for unmanned watercraft, thereby positioning itself in a new, promising defense market. These unmanned surface vehicles (USVs) are deployed without a crew and operate either remotely or autonomously. USVs are used, among other things, for reconnaissance and surveillance missions, patrols, and mine detection and clearance.

Preparing for inorganic growth

Steyr Motors is thus strategically well positioned to solidify its market position as a globally growing, broadly diversified specialty engine manufacturer and to continue on its growth path in the 2026 financial year and beyond. In line with its organic growth strategy, the company is also pursuing a targeted inorganic growth path, with some initiatives already at an advanced stage. The M&A activities initiated focus on targets with a clear strategic fit.

Forecast for 2026

“We are seeing a sustained positive trend in order intake, and thanks to an order backlog of over EUR 300 million, we have high visibility until the end of 2030. Additionally, there are numerous opportunities beyond our current budget, with a volume of over EUR 500 million. Looking ahead to the 2026 financial year and beyond, we therefore expect a significant expansion of business activities. After experiencing delays in two revenue-related framework agreements last year, we expect accelerated growth in 2026, accompanied by increased profitability,” comments Julian Cassutti, CEO of Steyr Motors.

For the 2026 financial year, the Management Board expects revenue to increase to EUR 75-95 million. The EBIT margin is expected to be at least 15%. This projected growth will be driven in particular by intensified sales and marketing activities in Asia, the MENA region, and North America. Additional momentum is expected from the new business area of mobile energy generation and from the expansion of business in the field of unmanned watercraft. In addition, the Management Board expects to successfully complete M&A transactions in the 2026 financial year.

The medium-term forecast for the 2027 financial year, as communicated in the strategic planning process, remains unchanged.

Company presentation at the 15th Hamburg Investor Days (HIT)

On February 4, 2026, at 12:20 p.m. (CET), Julian Cassutti, CEO of Steyr Motors, will give a company presentation at the 15th Hamburg Investor Days (HIT). Registration for virtual participation is possible via the following link:

Steyr Motors – Company Presentation 15th Hamburg Investor Days

The Annual Report and audited figures for the 2025 financial year will be published on 6 March 2026.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives.

For further information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press contact:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

3 February 2026

Steyr Motors receives development contract from a leading international defense and technology group based in Singapore

Corporate News

Development and delivery of engines for a state-of-the-art all-terrain vehicle
Significant sales potential of more than EUR 20 million by 2030, in addition to existing business
Strong signalling effect for Asian markets outside of China

Steyr, Austria, 29 January 2026 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civilian applications, has been awarded a strategically significant and groundbreaking development order from a leading international provider of defense and security technologies headquartered in Singapore. The publicly traded customer develops and manufactures modern land vehicles, weapon systems, ammunition solutions, and integrated mobility and protection systems for armed forces and security authorities worldwide.

Strategic cooperation for pioneering vehicle technology

Steyr Motors was commissioned to develop and supply the powerful M14TCI-120 4-cylinder vehicle engine for a new, future-oriented all-terrain vehicle concept. The combination of high power density, exceptional reliability, and extreme robustness makes the M14TCI-120 an ideal drive solution for the planned vehicle concept and underscores Steyr Motors’ technological leadership in the segment of mission-critical drive systems.

Promising market potential and high order volume expected

The development contract covers engine delivery and development services. In addition, current project planning indicates significant long-term sales potential for engine deliveries in the high three-digit range, with an expected order volume for Steyr Motors of more than EUR 20 million by 2030, which exceeds the order backlog previously communicated. This potential reflects the growing international demand for powerful and reliable drive systems for modern emergency vehicles.

Julian Cassutti, CEO of Steyr Motors, comments: “The collaboration with this new customer is just as significant as the development contract we signed with Rheinmetall Landsysteme GmbH about a year ago. The fact that the Singapore-based defense and technology group has placed its trust in our expertise and experience confirms the international competitiveness of our products and our development team. We are proud and look forward to making a key contribution to a pioneering vehicle concept with our M14TCI-120. This project sends a strong signal and forms the basis for further platforms for this customer. The development contract solidifies our role as a preferred development partner for sophisticated drive solutions in safety-related applications worldwide, providing another strong foundation for our growth.”

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives.

For further information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail: ir@steyr-motors.com
www.steyr-motors.com

Press contact:
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
E-mail: sh@crossalliance.de
www.crossalliance.de

29 January 2026

Steyr Motors accelerates expansion in Asia – 5-year frame contract securing at least EUR 30 million in revenue through 2030 – establishment of local production in China initiated

Corporate News

5-year framework agreement with guaranteed minimum revenue: export of at least 750 engines from Austria to China
Additional joint venture with the Asian partner Trysun aimed at establishing local production in China to serve the Asian market more efficiently
Pure growth effect with no additional investment requirements
High upside potential of more than EUR 100 million beyond the existing business plan

Steyr, Austria, 12 January 2026 – Steyr Motors AG (ISIN AT0000A3FW25), one of the world’s leading companies in the field of customized engines for mission-critical defense and civilian applications, is strengthening its market position in Asia. Steyr Motors has concluded a 5-year framework agreement with a guaranteed minimum revenue and, in addition and independently thereof, has established a joint venture with the Asian partner company Trysun, which has already commenced operations. This step marks a key milestone in Steyr Motors’ localization strategy in China and neighboring Asian markets and represents the starting point of a multi-stage localization roadmap toward future production based in Asia.

The 5-year framework agreement secures a binding minimum order volume of at least 750 additional engines through 2030. These engines will initially be manufactured at the company’s headquarters in Steyr, Austria, and exported to China, ensuring immediately predictable revenues and high visibility over several years.

In parallel and independently of the 5-year contract, Steyr Motors has established a joint venture with Trysun, which serves as a strategic platform for further localization in China and adjacent Asian markets. The joint venture and the establishment of local production in China have already been initiated. The objective is to unlock additional business potential that is not part of the secured minimum volume under the five-year agreement, in order to supply the Asian market more efficiently.

By combining secured export business from Austria with additional local growth through the joint venture, Steyr Motors is sustainably strengthening its market position in one of the world’s most dynamic growth regions. The joint venture requires no capital investment from Steyr Motors and therefore represents a pure growth effect without any impact on the company’s investment planning.

The step-by-step localization enables Steyr Motors to respond even more precisely to the requirements of Asian customers, accelerate market share gains, and open up new application areas and business fields. At the same time, this model offers significant additional upside potential that goes well beyond the secured minimum revenues.

Julian Cassutti, CEO of Steyr Motors: “The new 5-year framework agreement provides us with an exceptionally high level of planning certainty through a guaranteed minimum revenue and the export of our engines from Austria to China. In addition, with the joint venture with Trysun, we have a reliable and technologically sophisticated partner at our side who shares our vision of quality, innovation, and sustainability. This expanded partnership represents another milestone on our path to developing the Asian market over the long term and offering our customers tailored solutions locally. Without any additional investments, we are unlocking – as announced in our half-year report – substantial upside potential of more than EUR 100 million in order volume beyond the business plan communicated to date.”

The joint venture also serves as a strategic pilot project and, as a blueprint, forms the basis for future collaborations, such as license-based production models, with the aim of further expanding Steyr Motors’ global presence.

Company profile of Steyr Motors AG

Headquartered in Steyr, Austria, Steyr Motors AG is a global leader in the development and production of high-performance customized special engines with high power density and durability. The Company’s engines are primarily used for military special vehicles, boats (both military and civilian) and as auxiliary power units (“APU”) for main battle tanks and locomotives.

For further information, please contact:

Steyr Motors AG
Investor Relations
Phone: +436766222367
E-mail:ir@steyr-motors.com
www.steyr-motors.com

Press contact in Germany, Austria, Switzerland
CROSS ALLIANCE communication GmbH
Susan Hoffmeister
Phone: +49 89 125 09 0333
Email:sh@crossalliance.de
www.crossalliance.de

12 January 2026