Kendrion (KENDR.AS) is a public company. Kendrion designs, manufacturers and delivers intelligent actuators that help advance the global push towards electrification and sustainable energy.

Today, these compact and connected actuators can be found in wind turbines, robots, factory automation, electric vehicles, energy distribution and industrial heating processes, where they support our OEM customers around the world to transition to safer and cleaner forms of energy.

As a technology pioneer and innovator, building on a foundation of over 100 years of experience, we are driven by a desire to explore creative solutions for the engineering challenges of tomorrow. Our modular product design approach and agile way of working enable us to create complex products and customized systems that save our customers time and costs. This has made Kendrion the trusted partner of some of the world’s market leaders in the industrial and automotive segments.

We take broad responsibility for how we source, manufacture, and conduct business. Sustainable business practices are integrated in our processes and embedded in our culture.

Rooted in Germany, headquartered in the Netherlands and listed on the Amsterdam stock exchange, our footprint extends across Europe to the Americas and Asia. It has 546 employees. IPO 1984.

Transcript

Joep van Beurden — CEO

Morning, everybody here in the Novotel and on the webcast, and welcome to Kendrion's Q2 and first half year 2026 results presentation. My name is Joep van Beurden, Kendrion CEO, and with me here is Jeroen Hemmen, our CFO. First, this morning's agenda. I will start with summarizing the key highlights of the first half of 2026 and the strategic position of Kendrion after our move away from automotive as an industrial motion control specialist. I will then give you an update of the progress we have made operationally over the past half year. Jeroen will review our Q2 and first half 2026 results. Next, I will discuss the outlook for 2026, look at our 2027 financial targets, preview our Capital Markets Day planned for September 17, and go to Q&A. Before discussing the strategic repositioning, I would like to draw your attention to the following. Certain statements contained in this presentation constitute forward-looking statements, and these forward-looking statements rely on several assumptions concerning future events and are subject to uncertainties and other