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Public disclosure of inside information according to article 17 MAR

Koenig & Bauer AG: PowerCo SE grants proof of concept for Koenig & Bauer's dry coating system for batteries

Würzburg (pta029/03.06.2025/16:10 UTC+2)

Since June 2023, Koenig & Bauer AG ("Koenig & Bauer", WKN: 719350 / ISIN: DE0007193500) has been a development partner of the Volkswagen subsidiary PowerCo SE in the field of battery cell production. The central development step in the collaboration is the solvent-free powder coating of anodes and cathodes (dry coating), for which Koenig & Bauer is developing a dry coating system.

Today, 3 June 2025, PowerCo SE approved the development status of Koenig & Bauer's dry coating system with the "Factory Acceptance Test". Koenig & Bauer has thus successfully completed the proof of concept for its technology – which was announced on 19 December 2024 for mid-2025 – and has positively concluded the concept phase. This is a significant milestone for Koenig & Bauer.

The parties will continue the further development towards industrial series production on the prototype of the manufacturing line. In the next step, the system will be moved to a pilot line for dry coating at PowerCo SE. Further scaling and development are to be carried out there to prove the technology's suitability for industrial-scale series production. As agreed, both development partners will continue to bear their own development costs.

Koenig & Bauer plans to complete the scaling development with PowerCo in 2026. For this purpose, the parties have since concluded a commercial framework agreement.

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Emitter: Koenig & Bauer AG
Friedrich-Koenig-Straße 4
97080 Würzburg
Germany
Contact Person: Lena Landenberger
Phone: +49 931 909-4085
E-Mail: lena.landenberger@koenig-bauer.com
Website: www.koenig-bauer.com
ISIN(s): DE0007193500 (Share)
Stock Exchange(s): Regulated Market in Frankfurt, Munich; Free Market in Berlin, Dusseldorf, Hamburg, Hannover, Stuttgart, Tradegate
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