AUMOVIO Confirms Strategic Direction at First Annual General Meeting After Spin-off

Solid business performance in fiscal year 2025

Strong market position and global track record as an independent company

Continuing transformation focused on efficiency, cost management, and innovation

Clear targets for 2026: Adjusted consolidated sales of EUR 1.7 to 1.85 billion, adjusted EBIT margin of 3.5 to 5.0 percent, and standardized free cash flow of EUR 500 to 800 million

This press release is an excerpt from a press release issued in Frankfurt, Germany, on May 13, 2026, local time. In case of any discrepancies in interpretation between this translation and the original English text, the original text shall prevail.

AUMOVIO held its first Annual General Meeting as an independent European company in Frankfurt on May 13. Since its spin-off in September 2025, the company has made a successful start and is consistently driving its transformation.

"We are well-positioned. The market understands our business, and our customers trust our products. We also have the foundation in place for profitable growth," said Philipp von Hirschheydt, CEO of AUMOVIO.

Solid business development even in a challenging environment

In fiscal year 2025, AUMOVIO achieved solid overall performance despite a persistently challenging market environment. Full-year adjusted consolidated sales amounted to EUR 1.85 billion, and adjusted EBIT was EUR 717 million. The adjusted EBIT margin was 3.9 percent, and standardized free cash flow was EUR 650 million.

Despite an outflow of EUR 491 million related to the spin-off and transformation, the company significantly improved its profitability and met all financial targets. At the same time, demand continued to show positive growth. Order intake in 2025 was approximately EUR 2.04 billion, exceeding the previous year's level.

Strong market position and consistent transformation

Since its listing in September 2025, AUMOVIO has systematically developed its organization and strengthened its structures to build the framework required for an independent company. With a more streamlined organizational structure, faster decision-making processes, and a focus on efficiency, the company is continuously enhancing its competitiveness.

Looking ahead to future growth and increased efficiency, the company continues to integrate and optimize its manufacturing network. A strategic review of its global production system is laying the groundwork for improved capacity utilization, enhanced efficiency, and further strengthening of competitiveness.

AUMOVIO is also in a strong technological position. As the nature of vehicles is fundamentally changing with software, connectivity, and digital functions, new opportunities are emerging to further increase the added value per vehicle.

"Modern vehicles are no longer just a means of transport from A to B. They are evolving into platforms where functions, software, and digital content interact. AUMOVIO is capturing this change and increasing its value proposition by continuously expanding the content integrated into each vehicle," added Hirschheydt.

Clear targets for fiscal year 2026

For the current fiscal year, AUMOVIO still anticipates a challenging market environment. While sales decreased in the first quarter of 2026, the company improved its profitability by increasing both adjusted EBIT and free cash flow compared to the same period last year.

Based on this positive development, AUMOVIO is maintaining its outlook for the current fiscal year. It expects adjusted consolidated sales to be between EUR 1.7 billion and EUR 1.85 billion, with an adjusted EBIT margin of 3.5 to 5.0 percent, and standardized free cash flow between EUR 500 million and EUR 800 million.

Agenda for the Annual General Meeting

The Annual General Meeting will include votes by shareholders on the appropriation of profits, the approval of the executive and supervisory boards' actions, the election of the auditor, and resolutions on the remuneration system for executive and supervisory board members.

Furthermore, a partial amendment to the Articles of Association is proposed to enable further development of the company's business objectives with a view to future growth areas.

Information regarding the Annual General Meeting can be found at:

https://www.aumovio.com/en/company/fairs-and-events/asm2026.html

About AUMOVIO

AUMOVIO, spun off from the former Continental Group's automotive division in September 2025, operates as an independent technology company. It possesses extensive expertise in sensor solutions, displays, brake and comfort systems, as well as software, architecture platforms, and support systems for Software-Defined Vehicles (SDVs), contributing to the realization of safe, attractive, connected, and automated mobility.

With sales of EUR 18.5 billion in fiscal year 2025, AUMOVIO is headquartered in Frankfurt am Main and employs approximately 82,000 people at over 80 locations worldwide.