SUMMERVILLE, S.C. — Jonathan M. Dawley takes over as President & CEO of KION North America on May 18, 2020. He succeeds Vincent Halma, who has left the KION Group.

Jonathan Dawley joins the KION Group from Putzmeister Holding GmbH, a subsidiary of Sany Heavy Industry Corporation, where he was head of the Americas region for over two years. Between 2014 and 2018, he was responsible for the global aftermarket business at JLG Industries Corporation, a subsidiary of Oshkosh Corporation. He gained extensive experience in intralogistics as well as in the material handling business in various senior management roles at Hyster-Yale Materials Handling Corporation from 2005 to 2014. Jonathan Dawley studied business administration at Baker College in Auburn Hills, Michigan, USA.

"In Jonathan Dawley, we are gaining an outstanding executive with many years of wide-ranging technical experience in the capital goods industry to head up KION North America," said CP Quek, member of the Executive Board at KION GROUP AG with responsibility for the Asia-Pacific and Americas regions. "With his addition to our experienced team at KION North America, we are well equipped to unlock the region's potential even further. I am delighted that Jonathan will be bringing his extensive expertise to the KION Group and wish him every success with developing our Industrial Trucks & Services business in North America."

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KION North America Corporation

Headquartered in Summerville, S.C., KION North America Corporation is a member of the KION Group, one of the world's two leading manufacturers of industrial trucks and the largest manufacturer of electric forklifts. Their brand companies, Linde and Baoli, serve the specific industrial truck requirements of the U.S. Canadian and Mexican markets with a comprehensive and complementary product portfolio. KION North America produces material handling equipment known for its innovative technologies, reduced energy consumption and low operating costs. KION North America also works closely with its sister company, Dematic, the global leader in automated material handling that provides a comprehensive range of intelligent supply chain and automation solutions.

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This release contains forward-looking statements that are subject to various risks and uncertainties. Future results could differ materially from those described in these forward-looking statements due to certain factors, e.g. changes in business, economic and competitive conditions, regulatory reforms, results of technical studies, foreign exchange rate fluctuations, and the availability of financing. We do not undertake any responsibility to update the forward-looking statements in this release.