Organisational structure

The KION Group comprises the parent company KION GROUP AG, which is a public limited company under German law, and its subsidiaries. The KION Group’s strategic management holding company, KION GROUP AG, is listed on the Frankfurt Stock Exchange and is part of the indices MDAX, MSCI World, STOXX Europe 600, FTSE Euro Mid, FTSE4Good, and DAX 50 ESG.

The parent company of KION GROUP AG is Weichai Power (Luxembourg) Holding S.à r.l., Luxembourg (‘Weichai Power’), a subsidiary of Weichai Power Co. Ltd., Weifang, People’s Republic of China, which, to the knowledge of the Company, held 45.2 percent of the shares at the end of 2020. The free float accounted for 54.7 percent of the shares, while the remaining 0.1 percent were treasury shares. Details of treasury shares (pursuant to section 160 (1) no. 2 of the German Stock Corporation Act (AktG)) are provided in note [28] ‘Equity’ in the notes to the consolidated financial statements.