TRATON (8TRA) AGM 2026 summary

Opening remarks and agenda

• The meeting was opened virtually from Munich, welcoming shareholders and representatives, and outlining the agenda, including reports, general debate, and voting.

• The virtual format was chosen for efficiency, cost savings, and to enable broader international participation, with simultaneous English translation provided.

• Legal requirements for convening were met, with all documents accessible online, and technical instructions for participation and voting were explained.

Financial performance review

• Group revenues reached EUR 44.1 billion, with an adjusted operating return on sales of 6.3%, down 2.9 percentage points from the previous year.

• Unit sales declined by 9% to 305,500 vehicles, and sales revenue decreased by 7%.

• Adjusted operating profit fell by 37%, and net income and earnings per share declined by 45%.

• Despite lower earnings, cash flow exceeded expectations due to disciplined working capital management.

• Q1 2026 saw a 6% decline in unit sales and a 4% drop in sales revenue, but incoming orders rose by 18%.

Board and executive committee updates

• Several changes occurred in the Supervisory Board, including new appointments and resignations on both employee and shareholder sides.

• No changes to the Executive Board since the last AGM; key management appointments were extended.

• Supervisory Board meetings had a 95% attendance rate, with seven meetings held in 2025.