KION Performance Share Plan

As part of the KION GROUP AG performance share plan, the Executive Board members are allocated virtual shares over a fixed period (two-and-a-half years for the 2013 tranche and three years for all subsequent tranches). The total carrying amount for liabilities in connection with share-based remuneration (2013 tranche) as at 30 June 2014 was €2.8 million (31 December 2013: €1.2 million). A liability of €0.8 million in respect of the new tranche allocated on 1 January 2014 was recognised as a pro-rata expense for six months in the first half of 2014.