DGAP-Adhoc: Wacker Neuson SE: Wacker Neuson and Caterpillar to end strategic alliance for mini hydraulic excavators under three tons operating weight in 2018

Release of an insider information according to section 17 MAR

Wacker Neuson and Caterpillar to end strategic alliance for mini hydraulic excavators under three tons operating weight in 2018

(Munich, August 25, 2016)

In 2010, Wacker Neuson and Caterpillar entered into a strategic alliance which saw Wacker Neuson developing and producing mini hydraulic excavators under three tons operating weight exclusively for Caterpillar at its production plant in Hörsching, Austria. Initiated by Caterpillar, both parties have today agreed to end their strategic alliance as of May 31, 2018. Caterpillar plans to manufacture and market its own mini hydraulic excavators in future. Wacker Neuson will continue to manufacture selected mini excavator models until end of 2019 as part of an ongoing OEM supply relationship. Customers of both organizations will continue to be supported with spare parts and technical services. Other Wacker Neuson light and compact equipment sold and serviced by Wacker Neuson at Caterpillar dealers and rental stores is unaffected by this change.

At present, it is hard to predict how machines sales to Caterpillar for the remainder of the alliance through May 2018 will develop, as this depends on many factors, not least on market developments. The first full-year effect on Wacker Neuson Group revenue will be seen in 2019. By then, Caterpillar machines are expected to account for less than three percent of total group revenue (2015: below 6 percent). The Wacker Neuson Group will continue its international growth strategy by distributing its extensive range of excavators via its own global sales channels.

Additional information on Wacker Neuson SE shares: ISIN: DE000WACK012
WKN: WACK01
Admission: Regulated market / Prime Standard; Frankfurt Stock Exchange Company headquarters: Germany

Your contact partner:
Wacker Neuson SE
Katrin Yvonne Neuffer
Head of Corporate Communication /
Investor Relations
Preussenstrasse 41
80809 Munich, Germany
Phone: +49-(0)89-35402-173
[email protected]
www.wackerneusongroup.com