EQS-News: Bajaj Mobility AG: Its wholly-owned subsidiary, KTM AG, strengthened its financial base through a successful refinancing, setting a clear course for growth

EQS-News: Bajaj Mobility AG / Key word(s): Financing/Financing
   Bajaj Mobility AG: Its wholly-owned subsidiary, KTM AG, strengthened its
   financial base through a successful refinancing, setting a clear course
   for growth

   27.02.2026 / 13:06 CET/CEST
   The issuer is solely responsible for the content of this announcement.

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   Corporate News 
    

   Mattighofen, 27 February 2026

   Bajaj Mobility AG: Its wholly-owned subsidiary, KTM AG, strengthened its
   financial base through a successful refinancing, setting a clear course
   for growth

   Bajaj Mobility AG announces that KTM AG has successfully secured a loan to
   refinance its existing debt with Bajaj Auto International Holdings B.V.
   This refinancing is based on a newly signed loan agreement of EUR 550
   million with an international banking consortium consisting of J.P. Morgan
   SE, HSBC, DBS Bank Limited und MUFG Bank Ltd. The loan is unsecured, has a
   five-year term, and bears total interest (EURIBOR + margin) in the low to
   mid-single-digit percentage range.

   The new loan fully replaces the EUR 450 million financing granted by Bajaj
   Auto International Holdings B.V. in 2025 as part of the restructuring
   process. This refinancing provides KTM AG with a strengthened and
   long‑term financial foundation.

   The refinancing comes at a time when KTM AG’s operating performance has
   shown clear signs of improvement. After a challenging first half of 2025,
   the second half of the year developed very positively: global retail sales
   increased by around 60 percent compared to H1 2025, wholesale deliveries
   were stabilized in line with market demand, and inventory levels were
   reduced by over 100,000 units.

   The group also continued its strong momentum in motorsports. Following the
   record year 2025 with 29 championship titles – the most successful
   motorsport season in the company’s history – KTM AG seamlessly built on
   this success in 2026, winning, among other events, the Rally Dakar and
   securing additional world championship titles in Motocross and Enduro.
   These achievements impressively underline the technological strength,
   competitiveness, and global appeal of the KTM, Husqvarna Motorcycles, and
   GASGAS brands.

   CEO Gottfried Neumeister: “The successful refinancing demonstrates the
   clear confidence that international banks have in KTM AG’s future. An
   unsecured loan of this magnitude is an exceptionally strong signal and
   provides us with stability, flexibility, and momentum for the years
   ahead.”

    

   About Bajaj Mobility AG (formerly PIERER Mobility AG)

   Bajaj Mobility AG (formerly PIERER Mobility AG) is a global leader in
   premium motorcycles and the listed subsidiary of Bajaj Auto Limited, the
   world’s most valuable two‑ and three‑wheeler company. As the holding
   company of KTM AG, Bajaj Mobility AG brings together some of the most
   iconic and performance‑driven brands in the global motorcycle
   industry—KTM, Husqvarna Motorcycles and GASGAS. Headquartered in Austria,
   the company represents a pinnacle of European engineering excellence
   across high‑performance racing motorcycles, street and offroad bikes, and
   travel‑oriented models, complemented by premium WP components. With an
   established presence across these segments and a trusted rider base in
   more than 70 countries, Bajaj Mobility AG is recognized for its innovative
   engineering and strong product portfolio. Through its parent Bajaj Auto
   Limited, the group benefits from extensive technological expertise and a
   worldwide distribution network, enabling decisive execution and long‑term
   value creation. Together, the group continues to set benchmarks in
   performance, quality, and global reach across the international motorcycle
   industry.

    

   For further information

   Investor Relations

   Dipl.-Ök. Stephanie Kniep

   Phone: +43 664 2896931

   E-Mail: [1][email protected]

   Website:[2] https://www.bajajmobility.com

   ISIN: AT0000KTMI02; Swiss Security Number (Switzerland): 41860974; Ticker
   symbol: BMAG; Bloomberg: BMAG SW, BMAG AV; Reuters: BMAG.S, BMAG.VI

    

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   27.02.2026 CET/CEST This Corporate News was distributed by [3]EQS Group

   View original content: [4]EQS News

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   Language:    English
   Company:     Bajaj Mobility AG
                Stallhofnerstraße 3
                5230 Mattighofen
                Austria
   Phone:       +43 (0) 7742-6000
   Fax:         +43 (0)7742-6000300
   E-mail:      [email protected]
   Internet:    www.bajajmobility.com
   ISIN:        AT0000KTMI02
   WKN:         A2JKHY
   Listed:      SIX, Vienna Stock Exchange
   EQS News ID: 2283108

   Valorennummer (Schweiz): 41860974 Wertpapierkürzel: BMAG Bloomberg: PKTM
   SW; PKTM AV Reuters: PKTM.S; PKTM.VI

    
   End of News EQS News Service


   2283108  27.02.2026 CET/CEST

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