EQS-Adhoc: Bajaj Mobility AG: Quarterly Report: 1st Quarter 2026

EQS-Ad-hoc: Bajaj Mobility AG / Key word(s): Quarter Results/Quarter
   Results
   Bajaj Mobility AG: Quarterly Report: 1st Quarter 2026

   13-May-2026 / 06:39 CET/CEST
   Disclosure of an inside information acc. to Article 17 MAR of the
   Regulation (EU) No 596/2014, transmitted by [1]EQS News - a service of
   [2]EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   Ad hoc notification pursuant to Article 17 Regulation (EU) No 596/2014
   (MAR)

   Ad hoc announcements pursuant to Art. 53 LR

              

    Mattighofen, May 13, 2026

    

   Bajaj Mobility AG (formerly PIERER Mobility AG):

   Quarterly Report: 1^st Quarter 2026

    

     • Significant revenue growth: EUR 331.3 mn (+70.2% vs. Q1/25)
     • Motorcycle units[3][1]: increased by +125.1% to 40,332 units
     • Motorcycle revenue rose by even +151.6% to EUR 272.4 mn
     • Positive EBITDA: EUR 5,5 mn (EUR -55,8 mn vs. Q1/25)
     • EBIT improved by EUR 65.5 mn (+71.5% vs. Q1/25)
     • Equity: EUR 350.7 mn | Equity ratio: 22.2%
     • Successful refinancing of KTM AG: EUR 550 mn
     • Worldwide inventories have been further reduced

    

   In the first quarter of 2026, Bajaj Mobility AG (formerly PIERER Mobility
   AG) achieved a significant improvement in operating performance compared
   to the same quarter of the previous year. Consolidated revenue rose by
   70.2% to EUR 331.3 mn.

   A total of 40,332 motorcycles (+125.1% compared with Q1/25) were sold.
   Motorcycle revenue increased by +151.6% compared with the first quarter of
   2025. EBITDA turned positive at EUR 5.5 mn (Q1/25: EUR -55.8 mn), EBIT
   improved to EUR -26.1 mn (+71.5%), and net income for the period was EUR
   -35.1 mn (+67.5%).

   Equity amounted to EUR 350.7 mn in Q1/26 (December 31, 2025: EUR 385.2
   mn). The equity ratio equals 22.2% (December 31, 2025: 24.3%).

   KTM AG successfully completed a EUR 550 mn refinancing in February 2026
   with an international banking consortium, which enabled the full repayment
   of the restructuring loan from Bajaj Auto International Holdings B.V. and
   significantly strengthens the Group’s financial base.

   As part of the restructuring, additional measures to improve efficiency
   were implemented, including a workforce reduction of 500 employees, which
   is expected to be completed by Q3/26.

   For 2026, the focus will be on continuing the restructuring and improving
   profitability.

   The full Q1/26 quarterly report is available on the company’s website
   under the following link via the subheading “Financial reports”:

   [4]https://www.bajajmobility.com/en/investor-relations/publications

    

   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

   E-Mail: [5][email protected]

   Website:[6] https://www.bajajmobility.com

   ISIN: AT0000KTMI02; Schweizer Valorennummer (Schweiz): 41860974;
   Ticker-Symbol: BMAG; Bloomberg: BMAG SW, BMAG AV; Reuters: BMAG.S, BMAG.VI

    

    

    

      

   [7]^[1] KTM, Husqvarna and GASGAS motorcycles

   End of Inside Information

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   13-May-2026 CET/CEST News transmitted by [8]EQS Group

   View original content: [9]EQS News

   ══════════════════════════════════════════════════════════════════════════

   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: 2326598

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

    
   End of Announcement EQS News Service


   2326598  13-May-2026 CET/CEST

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