Christian Harm appointed Member of the Management Board of Linde Material Handling

• Experienced executive with many years' experience at the Company

Aschaffenburg, September 20, 2018 - The Supervisory Board of Linde Material Handling GmbH has appointed Christian Harm (50) to the Management Board of Linde Material Handling for a period of four years with effect from January 1, 2019. As member of the Management Board, he will be responsible for Finance, which has recently been managed by the Chairman of the Management Board Andreas Krinninger. Christian Harm will also be responsible for the production sites in Aschaffenburg and Weilbach.

Christian Harm has been the KION Group's Executive Vice President Corporate Strategy since 2012 and as such has had a considerable influence on the Company's strategy. Prior to this, he managed the Purchasing department for Linde AG's material handling business from 2003 onwards and was appointed Vice President Purchasing of the KION Group in 2006. Between 1999 and 2003, he worked at the management consultancy McKinsey, and from 1992 to 1998 held a variety of administrative positions at Unilever. Christian Harm studied economics at Vienna University of Economics and Business and the University of St. Gallen.

Andreas Krinninger, Chairman of the Management Board of Linde Material Handling, states: "I am pleased that in Christian Harm we will have an experienced executive from within the Group with many years of wide-ranging technical experience reinforcing the Management Board of Linde Material Handling. I look forward to working with him."

The Company

The KION Group is a global leader in industrial trucks, related services and supply chain solutions. Across more than 100 countries worldwide, the KION Group designs, builds and supports logistics solutions that optimize material and information flow within factories, warehouses and distribution centers. The Group is the largest manufacturer of industrial trucks in Europe, the second-largest producer of forklifts globally and a leading provider of automation technology.

The KION Group's world-renowned brands are clear industry leaders. Dematic, the newest addition to the KION Group, is a global leader in automated material handling, providing a comprehensive range of intelligent supply chain and automation solutions. The Linde and STILL brands serve the premium industrial truck segment. Baoli focuses on industrial trucks in the economy segment. Among KION's regional industrial truck brand companies, Fenwick is the largest supplier of material handling products in France, OM STILL is a market leader in Italy and OM Voltas is a leading provider of industrial trucks in India.

With an installed base of more than 1.3 million industrial trucks and over 6,000 installed systems, the KION Group's customer base includes companies in all industries and of all sizes on six continents. The Group has more than 32,000 employees and generated revenue of EUR7.6 billion in 2017.

Disclaimer

This document and the information contained herein are for information purposes only and do not constitute a prospectus or an offer to sell or a solicitation of an offer to buy any securities in the United States or in any other jurisdiction.

This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ materially from those described in these forward-looking statements due to certain factors, e.g. changes in business, economic and competitive conditions, regulatory reforms, results of technical studies, foreign exchange rate fluctuations, uncertainties in litigation or investigative proceedings, and the availability of financing. We do not undertake any responsibility to update the forward-looking statements in this release.

Further information for the media

Michael Hauger
Senior Vice President Corporate Communications
Tel: +49 (0)69 201 107 655
Cell: +49 (0)151 1686 5550
michael.hauger@kiongroup.com

Henrik Hannemann
Senior Director Corporate Media Relations
Tel: +49 (0)69 201 107 7528
Cell: +49 (0)151 1588 9036
henrik.hannemann@kiongroup.com

Further information for investors

Dr. Karoline Jung-Senssfelder
Vice President, Head of Investor Relations & M&A
Tel: +49 (0)69 201 107 450
karoline.jung-senssfelder@kiongroup.com