Combined Management Report

Preliminary remarks

The combined management report published in the 2024 annual report includes the group management report and the management report of KION GROUP AG. Sections that only contain information on KION GROUP AG are indicated as such. The combined management report includes a separate section containing disclosures for KION GROUP AG in accordance with the German Commercial Code (HGB).

For the year under review, the Group sustainability report has been integrated into the KION Group’s combined management report for the first time and provides comprehensive information on the sustainable corporate governance of the KION Group. Based on the first sentence of the European Sustainability Reporting Standards (ESRS), it was prepared as a framework in accordance with the requirements of the Corporate Sustainability Reporting Directive (CSRD) and the German CSR Directive Implementation Act (CSR-RUG). The Group sustainability report focuses on targets, action steps, and due diligence processes relating to the material environmental, social, and employee-related aspects of the KION Group’s business model, the observance of human rights, and the fight against corruption and bribery. The risks and opportunities for the KION Group associated with climate-related aspects and other social and environmental factors, as well as the environmental and social impact of the Company’s activities, are recorded, assessed, and taken into account systematically and on an ongoing basis, including in the financial reporting. To comply with individual disclosure requirements, the Group sustainability statement refers to other sections of the combined management report, as in accordance with ESRS 1.119 a). Information incorporated by reference is labeled as such with >> << in the corresponding reporting sections and contains the source in accordance with the relevant ESRS. In accordance with the statutory disclosure deadlines defined in section 325 HGB, the KION Group has published the sustainability reports (which include the non-financial Group reports) for previous reporting years on its website (www.kiongroup.com/sustainability), where they will remain permanently available for at least ten years.

Where the combined management report makes reference to sources outside the combined management report or outside the consolidated financial statements (e.g. websites), the content of these sources constitutes unaudited, voluntary disclosures and does not form part of the combined management report. It serves solely to provide additional information.