Ad hoc notification pursuant to Article 17 Regulation (EU) No 596/2014 (MAR)

Ad hoc announcement pursuant to Art. 53 LR

Wels, June 2, 2025

PIERER Mobility AG: Changes to the Supervisory Board

As part of the realignment of the PIERER Mobility Group, the Supervisory Board members Stephan Zöchling (Chairman), Rajiv Bajaj (Deputy Chairman) and Friedrich Roithner will resign from the Supervisory Board with effect from the end of the next Annual General Meeting on June 23, 2025 following the successful restructuring of the KTM companies.

At the upcoming Annual General Meeting on June 23, 2025, Dinesh Thapar (CFO of Bajaj Auto Limited) as well as the lawyers Ernst Chalupsky and Ewald Oberhammer will stand for election to the Supervisory Board of PIERER Mobility AG.

Legal notice

THIS ANNOUNCEMENT DOES NOT CONSTITUTE AN OFFER OF SECURITIES FOR SALE OR A SOLICITATION OF AN OFFER TO PURCHASE SECURITIES OF PIERER MOBILITY AG. IT IS NOT FOR DISTRIBUTION, TRANSMISSION OR PUBLICATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OF THIS ANNOUNCEMENT WOULD BE UNLAWFUL.

For further information:

Investor Relations

Hans Lang & Melinda Busáné Bellér

Tel: +43 676 4140945 or +43 676 4093711

Email: ir@pierermobility.com

Website: https://www.pierermobility.com

ISIN: AT0000KTMI02; Swiss Valor Number (Switzerland): 41860974; Ticker Symbol: PKTM; Bloomberg: PKTM SW, PKTM AV; Reuters: PKTM.S, PKTM.VI