The working and production environment at König + Neurath is always changing. That‘s why the company was looking for a flexible solution that would grow with its needs. This was associated with the wish for a high degree of independence. The company wanted to be able to adjust vehicles, lines, stations, and even commissioning itself in order to be more flexible.

• Stable business performance due to internationalization and customer focus • Focus on and expansion of core businesses and future technologies • Expansion of global and local service and production capacities in response to unstable delivery chains and increasing regionalization    HAMLAR/Germany. For the internationally operating Grenzebach Group, 2023 was an intense but extremely successful business year. In spite of global challenges, the company showed growth and exceeded key results from the previous year.   Key financial indicators for 2023* The figures presented by Dr. Steven Althaus, CEO of the Grenzebach Group, confirm the Group's positive development in recent years. Grenzebach has successfully taken on new challenges and local market conditions, and also extended its presence in important markets all around the world. The company achieved this by concentrating on its core areas of building materials and glass, and by collaborating more closely with regional Grenzebach organizations in the USA and China. This flexibility and international adaptability enabled the company to pro-actively respond to customer needs, to facilitate transformation plans, to offer innovative solutions and to grow in partnership with customers.    The Grenzebach Group's turnover increased compared with 2022 and amounted to 458 million euros– 27 % above the previous year. Meanwhile, the operating profit (EBIT) also increased to the figure of 38 million euros. The cash flow from day-to-day business activities was also positive. In 2023, Grenzebach recorded a strong level of incoming orders amounting to 494 million euros compared with 2022, which was stronger than average, incoming orders declined by 17 % – in line with expectations. However, this figure was in the projected range. The company continues to show steady growth despite the global crises and challenges of recent years (including rising protectionism, supply chain difficulties, sustainability and staff shortages). Accordingly, the company expects revenue growth in the mid single-digit percentage range for 2024.   "At Grenzebach, we continue to post good growth and show good potential for the coming years. The focus on, strengthening and further development of our core businesses have had a positive impact on our results and will remain cornerstones of our success in the future. Due to our strategic internationalization, we're becoming more agile in responding to change and provide our customers with even better support. The subsequent increased proximity to customers forms the foundation to our success. We believe that we'll continue to be successful in the future by continuously evolving and adapting," notes Steven Althaus.   Focus on strong core markets The Group continues to see potential in this area through the growth of its global customers. An indicator for this is the high demand for production technologies and solutions for glass and solar glass. As expected, demand fell compared with 2022 and Grenzebach recorded a 19 % reduction in incoming orders compared with the strong previous year. Nevertheless, the global market trend for PV production facilities will increase in the long-term, in particular in the USA and China. The introduction of the new annealing lehrs, a sustainable way to improve energy efficiency and glass quality was a success. Furthermore, the range of products and services for state-of-the-art product lines was extended.     The Group is also on course for growth in the area of building materials, especially as the demand for calcining and gypsum board plants remains high. Following the above-average level of incoming orders in this business area in 2022/23, there was an expected reduction in incoming orders of 26 %. However, this still resulted in a high capacity utilization, which is continuing in 2024. In this business area, future technologies and solutions for decarbonization, energy optimization and energy efficiency, such as low-temperature dryers, are primarily playing a major role. Moreover, there is also a lively demand in the mineral wool area for carbon neutral melting technologies, where Grenzebach offers solutions in the form of electric smelting furnaces and gas cupola furnaces. There is also an emerging increasing global demand with regional differences in the coming years. The company management believes that innovations – particularly the lower-temperature dryers that offer energy savings of up to 30 % – will be disproportionately successful in this growth.   Grenzebach has been strengthening its presence as an intralogistics provider in the field of "customized intralogistics" and system integration for a number of years and built on its position in the area of automotive and data center management all around the world in 2023. Despite a 10 % reduction in incoming orders, Grenzebach remains one of the major providers on the global intralogistics market. The level of orders received in intralogistics picked up right after the turn of the year and rose accordingly.   Meanwhile, in the area of special technologies, Grenzebach has continued to expand and strengthen globally in the fields of casting parts and friction stir welding. Moreover, the company was able to develop its network further in additive manufacturing.   Strengthening of the service business all across the world Investments in global services and customer proximity have paid off. The service business area, which continues to be increasingly profitable, grew by another 10 % compared with the previous year. The service area's positive development can also be attributed to successful results in the core areas of glass and building materials. Grenzebach views this continued growth as a validation of its strategic direction and proof of the importance of having a close partnership with customers over the entire service life of their systems and technologies. Under the slogan "Grenzebach – lifecycle partner", Steven Althaus thinks that there are significant development opportunities: "At Grenzebach, we see ourselves as a reliable journey partner for our customers. We're seeing an increase in service business because reliability, expertise and ongoing dialog are of the utmost importance to our customers."     At home around the world, sustainable technologies, and future investments The Grenzebach Group increased it investments during the 2023 business year and spent 13 million euros on research, development, and global infrastructures.     The current business performance and the positive figures underline the solid foundation and the existing potential of the Grenzebach Group. The company responded promptly and pro-actively to customer requirements and strengthened its position on the global market by simultaneously catering to three different regional market trends. For example, in the USA, the demand for automation solutions is growing strongly, coinciding with the significantly expanding market. In Europe, a saturated market is emerging, with a focus on energy efficiency. In contrast, there is continuous growth in the Asian market and a need for localization. It is vital to adapt products and services to the specific local conditions and challenges in order to strengthen the positioning and to develop an even closer relationship with customers all around the world.    Althaus continues: "The global demand for our technologies and services is constantly growing and one of our core values is to respond to demand with precision and innovation. Our strong, international presence enables us to quickly and effectively respond to challenges locally. This is a fundamental component of our philosophy and our commitment to excellent customer relationships."    Grenzebach is systematically pursuing its strategy and is focusing on regionalization and strengthening local markets as centers of production and sales. In early 2024, a new location with a production capacity of 4,500 sqm was opened in Pune, India. This step was a crucial milestone in further consolidating the Group's position as a reliable partner for customers in the Eastern Hemisphere's glass and building materials industry. This location was already profitable in its first year. Meanwhile, the Romanian manufacturing facility in Iasi, along with its manufacturing capacities, are currently being doubled. Likewise, the Grenzebach locations in North America are also set to be expanded in order to cover the growing market needs and to expand the market development.     As a family-owned business, the Grenzebach Group is perfectly positioned to continue to successfully meet the challenges of global competition. Its commitment to excellence and innovation, as well as its flexibility in adapting to changing market requirements make Grenzebach a robust player on the international stage.    Additional information *The financial indicators mentioned are provisional. The attestation and adoption of the consolidated financial statements are pending.   About Grenzebach Grenzebach is a leading automation solution provider for the global glass, building materials and intralogistics markets. In addition, the company develops new application areas, such as various recycling processes, friction stir welding, the automation of industrial additive manufacturing, or digital networking. Grenzebach ranks among the international technology leaders in its markets. The global manufacturing footprint, with production sites in Germany, Romania, the US, India, and China, as well as additional worldwide locations, ensures on-site customer support. More than 3,000 systems installed in more than 55 countries stand for quality and reliability. Since the company opened its doors over 60 years ago, it has been owned by the founding family. With an export ratio of more than 90 percent, Grenzebach is a global player.   Contact Andrea Steigerwald +49 906 982-2656 andrea.steigerwald@grenzebach.com  

• Grenzebach sets new standards in intralogistics with the new FF1200S forklift AGV • The company provides an innovative solution for the automated transportation of Euro pallets • Easy installation, operation, and maintenance make the FF1200S a future-oriented choice for companies that rely on efficient and safe logistics solutions   HAMLAR/Germany. Introducing the new automated forklift (forklift AGV) from Grenzebach, a leading supplier of automated guided vehicle systems. The innovative FF1200S forklift AGV was explicitly developed to transport Euro pallets and similarly sized goods carriers efficiently. According to the company, the vehicle is setting new standards in intralogistics. It offers numerous advantages for companies, for example, in the automotive industry, mechanical engineering, warehouse logistics and the manufacturing industry, which rely on automated solutions. At the same time, the vehicle remains true to the company values: Easy to Install, Easy to Use, and Easy to Maintain.   Ideal for automated parts transport and goods-to-person solutions Featuring a maximum lifting height of approx. 1,200 mm and an impressive payload of up to 1.2 tons, the automated forklift from Grenzebach enables the smooth and efficient transport of Euro pallets and similarly sized goods carriers. With a speed of 2.0 m/s and a small turning radius of 1,450 mm, the forklift AGV offers a fast and agile transport of goods.   The commissioning of the FF1200S is straightforward, given that one of the outstanding features of the FF1200S is how easily it can be integrated into existing intralogistics solutions. Due to free contour navigation, installing safety areas is unnecessary. Companies can commission the forklift AGV quickly, as it was explicitly developed for easy handling and minimal training requirements. Logistics processes are easily created via a guided app on any end device.   Further benefits and optional features Personnel safety and automation are closely linked at Grenzebach. Featuring a Blue Spot and two lidar laser scanners, the forklift AGV provides maximum safety and prevents collisions with obstacles in the area. The 3D vision system detects interfering factors from approx. 50 mm to prevent transport damage. Thanks to autonomous goods carrier detection with artificial intelligence, the vehicle can easily detect inaccurately positioned goods carriers and pick up loads autonomously.   The FF1200S forklift AGV features compact dimensions for space-saving use. On request, communication with the universal control system can take place either via WLAN or 5G. Combined with 48 V DC lithium power, the FF1200S is designed for high-performance 24/7 use in everyday industrial applications.   Intelligent software solutions from Grenzebach, such as the Warehouse Control Systems, the universal control system, the Fleet Manager, the Security Manager, or Statistics, also enable optimum analysis of the vehicle data and support the overall process. Companies can also flexibly and independently adapt their logistics processes to changes in the production process, for example, by using a longer fork, thereby increasing their autonomy and independence.   About intralogistics at Grenzebach Grenzebach offers Automated Guided Vehicles for the automated transport of parts in produc-tion and manufacturing as well as goods-to-person solutions for warehouse logistics. The holis-tic automation solutions include consulting, hardware, software and service. Grenzebach is a reliable partner who accompanies and advises customers throughout the complete project life cycle and beyond. The aim is to create intralogistics solutions custom-tailored to the users' needs.   About Grenzebach Grenzebach is a leading automation solution provider for the global glass, building materials and intralogistics markets. In addition, the company develops new application areas, such as various recycling processes, friction stir welding, the automation of industrial additive manufacturing, digital networking, or solutions for sustainable energy generation such as solar-active façades. Grenzebach ranks among the international technology leaders in its markets. The global manufacturing footprint, with production sites in Germany, Romania, the US, and China, as well as additional worldwide locations, ensures on-site customer support. More than 3,000 systems installed in more than 55 countries stand for quality and reliability. Since the company opened its doors over 60 years ago, it has been owned by the founding family. With an export ratio of more than 90 percent, Grenzebach is a global player.   Contact Franziska Gellner +49 906 982-2161 franziska.gellner@grenzebach.com www.grenzebach.com

• The new intralogistics system can be adapted and expanded at any time.• Grenzebach trained König + Neurath to independently make adjustments and even commission vehicles and stations.• The system is designed to expand in line with future requirements without immediately reaching its limits.HAMLAR/Germany. In response to constantly changing work and production environments, office furniture manufacturer König + Neurath (www.koenig-neurath.com) was looking for a flexible, scalable solution to automate intralogistics in metal manufacturing. The company found the right partner in Grenzebach. In close cooperation with the customer, Grenzebach developed and installed an intralogistics concept with a universal control system, eight vehicles and thirteen stations. After a comprehensive training course, König + Neurath employees are now able to commission additional lines, vehicles, and stations on their own.High level of flexibility and independence requiredKönig + Neurath is an office furniture manufacturer that designs working environments and work cultures. This holistic approach goes far beyond being just a supplier of tables and cabinets. The company is extremely customer-oriented and works only on a commission basis. König + Neurath is on their way to a matrix manufacturing.At the end of 2020, together with a new high-bay warehouse, the decision was made to automate intralogistics processes with automated guided vehicle systems. In metal production, the individual process stages from the laser cutting machine to the edging machines to the paint shop needed to be more effectively interlinked.This was associated with the wish for a high degree of independence. The company wanted to be able to make adjustments to vehicles, lines, stations and even commissioning itself in order to be more flexible. "We need to adapt our work environment on a regular basis. That is why we need an open, flexible system that we can adapt ourselves. We found this kind of solution only from Grenzebach", says Dirk Fischer, Head of Technology König + Neurath.Design, installation, and comprehensive trainingGrenzebach analyzed the conditions at the customer's site, drew design plans and agreed on the customer's requirements to develop the desired intralogistics concept. The first step was to install the universal control system, eight L1200S vehicles and thirteen stations.Test routes were set up for the comprehensive training of employees. Grenzebach qualified their customer to make adjustments and commissioning themselves. "We wanted to keep control of our own operations to such an extent that we could adjust a route or put a vehicle into operation on our own. It was only possible for us to implement this project in depth and independently because we made use of the training provided by Grenzebach and enjoyed an enormously close exchange along the entire way." says David Schuch, Industrial Engineering König + Neurath.Design, installation, training, and commissioning have all taken place during the ongoing production. As a result, the production process was not interrupted, instead the transition to the new system was smooth.The AGVs now travel around 160 km per week, transporting around 1,000 goods carriers. In spite of the high degree of independence of König + Neurath regarding adjustments and commissioning, Grenzebach will continue to be the partner in this process and will accompany them in the future.Further information can be found here: https://www.grenzebach.com/en/products/automated-guided-vehicles/automated-goods-transport-solutions/success-story-koenig-neurath/Contact:Franziska GellnerPhone: +49 906 982-2161franziska.gellner@grenzebach.com

• Income orders 71 percent above the year, planning exceeded by 64 percent, growth in Asia, Europe, and America • Reasons: growing need for automation, strong demand, and customer proximity in the core areas of glass and building materials as well as special technologies, service, global production capacities and partnerships. • Continuous investments in research and development in the future areas of energy efficiency, circular economy, and renewable energies.   HAMLAR/Germany. 2022 was a challenging but very successful business year for Grenzebach. The internationally active Grenzebach Group, headquartered in Hamlar, Germany, even surpassed 2021, previously considered one of the most successful business years in the company’s history.   Financial figures for 2022 exceed expectations The figures presented by Dr. Steven Althaus, CEO of the Grenzebach Group, show that all business areas of the group of companies contributed to positive development and exceeded expectations.   The figures in detail: The Grenzebach Group recorded 597 million euros, the highest order intake in the company’s history. Compared to the already strong 2021, incoming orders increased by 71 percent. The company target was exceeded by 15 percent compared to the previous year. The turnover of the entire group also exceeded 2021 and was 14 percent above the last year at 365 million euros. The operating result (EBIT) was above expectations, too. Added to this is the continued solid equity ratio. As of the balance sheet date, it was more than 60 percent. The cash flow from operating activities was again clearly positive.   Althaus: “Grenzebach is showing signs of continued growth. We are proud to have surpassed the record in incoming orders, especially under framework conditions such as Covid, the Ukraine crisis and delivery bottlenecks. The successes of the past financial years show that our strategic global orientation and investments in key technologies and strong partnerships have paid off. Our expertise and proximity to the customer are crucial to our success.” For more than 60 years, the global group of companies has been supporting customers across all industries with automation technologies and solutions.   Increased order intake in the core markets As in the past years, Grenzebach once again benefited from the great demand for glass technologies and solutions for photovoltaic systems. This area recorded a growth of 29 percent. The world market leader was also successful with innovations such as a new annealing lehr for improved energy efficiency and glass quality. The range of products has been expanded to include state-of-the-art product lines and sustainable technologies.   There was also a 29 percent increase in orders in the building material sector. The reason for this was the brisk investment activity across the entire building materials industry. This resulted in increased demand for calcining and gypsum plasterboard systems as well as for individual components – such as additional dryers. In addition, there was increased global demand for energy optimization solutions such as low-temperature dryers or electric melting furnaces. Althaus: “Grenzebach’s quality standards and expert knowledge were the keys to reacting quickly to these market requirements and customer demands. Together with our customers, we focused on the right topics.”   With a growth of over 44 percent, Grenzebach is now also one of the major providers in the intralogistics market. The automation sector, in particular, recorded strong sales. In addition, Grenzebach increased its market presence as an intralogistics system provider in the field of “customized intralogistics” and recorded strong demand worldwide.   War in Ukraine and the consequences Grenzebach was also affected by the war in Ukraine and the associated sanctions by Russia and Belarus. For example, through restrictions in payment transactions, delivery services and assembly and business trips. Dr. Steven Althaus: “We are following the war in Ukraine with great concern and have responded accordingly. We always act together with our partners and customers. Considerate and forward-looking.”   Continuous expansion of the service business The corporate group continuously expanded its services in 2022. It was worth it because this area grew by 23 percent. Althaus: “With Grenzebach, our customers find a reliable journey partner throughout the entire life cycle of their systems and solutions.   Global locations, sustainable technologies, and investments The Grenzebach Group invested ten million euros in research and development in the 2022 financial year as in the previous year. The group sees potential in energy efficiency in production processes, circular economy, and renewable energies.   Therefore, Grenzebach intensified the development and advancement of products and technologies in 2022. In Germany, for example, the company supplied production lines for the world’s largest fiber insulation board plant and demonstrated its expertise in the manufacturing of organic insulation materials from renewable raw materials. The group of companies also took further steps to achieve the company’s own goal in sustainability and climate neutrality.   The opening of the production facilities of the Grenzebach Envelon GmbH in the Bavarian town of Hamlar is further evidence that the commitment to “Made in Germany” and the promise to offer sustainable and innovative solutions for the energy transition is lived out in reality. Numerous awards speak for the spirit of innovation and the sustainability of solar-active building envelopes that offer aesthetic, functional and economical solutions and promote autarky.   Grenzebach has also taken another step towards progressive regionalization in Europe. The production capacities of the location in Iasi, Romania, which has belonged to the Grenzebach Group since 2019, are currently being doubled. The expansion officially started in 2022 with a groundbreaking ceremony. Completion is planned for autumn 2023. Around 100 new jobs will be created in manufacturing & engineering.   Contact: Andrea Steigerwald Phone: +49 906 982-2656 andrea.steigerwald@grenzebach.com www.grenzebach.com    

• Grenzebach with a new automated guided vehicle and universal control system at LogiMAT 2023 in Stuttgart • New L1200S allows an even faster, automated goods transport • Grenzebach offers modular or holistic solution packages – including hardware, software, and servic   FRANKFURT AM MAIN, HAMLAR/Germany. More power for more productivity – this is Grenzebach's motto at LogiMAT from 25th to 27th April 2023 in Stuttgart, hall 6, booth 6F05, where they will present the next generation of intralogistics solutions for the world of tomorrow. The automation specialist honed its solutions for trade and manufacturing companies and will be presenting holistic solutions encompassing hardware, software, consulting, and service at the international trade fair for intralogistics solutions and process management. In addition to the driverless transport vehicle OL1200S, expert for long goods carriers and award winner of the LogiMAT 2021, visitors can look forward to the new autonomous L1200S, which is setting new standards in terms of productivity thanks to its speed.   Intelligent intralogistics due to high-performance software To meet the increasing demands for dynamics and variability, companies are increasingly looking to automate, accelerate and flexibilize their logistics processes. In addition to automated guided vehicles (AGVs), this also requires suitable, powerful software that intelligently links the entire value chain. Natalie Schadl, Product Manager Software Solutions at Grenzebach, confirms: "Automation is the first step towards resilient and flexible intralogistics. Using the data from processes is necessary to continuously optimize workflows and react flexibly to surprising and yet unknown demands in the future." For more than ten years, Grenzebach has therefore been supplying control systems for automated guided vehicles (AGVs), which can control different types of vehicles regardless of manufacturer and thereby ensure an efficient flow of materials and communication in factory and logistics halls.   Double power for intralogistics In the digitally networked smart factory, intralogistics has become one of the key success factors today. Already in 2017, Grenzebach has set standards with the automated guided vehicle L1200S and revolutionized the automated parts transport with undercarriage AGVs. The succeeding model now takes this a step further - enabling an even faster, automated transport of goods that can be efficiently adapted to today's flexible production infrastructures. The autonomous AGV for payloads of up to 1,200 kg excels in everyday industrial use with twice the speed of its predecessor model. It offers maximum availability, efficiency, and cost-effectiveness in all respects. The powerful AGV ideally complements the omnidirectional OL1200S wherever 360° maneuverability is not required.   360° added value Economical from every point of view. The technology behind the OL1200S is capable of a lot and, above all, serves one goal: accelerate the automated transport of parts and simplify complex operations. For maximum availability, efficiency, and economy, especially with large components and long goods carriers. Omnidirectional, unlimited movement in any direction and equipped with intelligent sensor technology, the OL1200S can transport large components in the smallest of spaces. It offers maximum flexibility and significantly increases performance compared to the classic tugger train simultaneously simplifying the necessary peripherals. This saves space and costs and increases the availability of the overall system.   Visitors can find the automation specialist in hall 6, booth 6F05. Interested visitors can also discover current exhibits and innovations in the dynamic "365 Days Grenzebach World" in Hamlar, Germany, on-site or digitally.   About intralogistics at Grenzebach Grenzebach offers automated guided vehicles for the automatic transport of parts in production and manufacturing as well as goods-to-person solutions for warehouse logistics. The holistic automation solutions include consulting, hardware, software, and service. Grenzebach is a reliable partner that supports and advises customers throughout the entire project lifecycle and further. The aim is to provide intralogistics solutions that are precisely tailored to the needs of the user.   About Grenzebach Grenzebach is a leading automation solution provider for the global glass, building materials and intralogistics markets. In addition, the company develops new application areas, such as various recycling processes, friction stir welding, the automation of industrial additive manufacturing, digital networking, or solutions for sustainable energy generation such as solar-active façades. Grenzebach ranks among the international technology leaders in its markets. The global manufacturing footprint, with production sites in Germany, Romania, the US, and China, as well as additional worldwide locations, ensures on-site customer support. More than 3,000 systems installed in more than 55 countries stand for quality and reliability. Since the company opened its doors over 60 years ago, it has been owned by the founding family. With an export ratio of more than 90 percent, Grenzebach is a global player.   Contact: Franziska Gellner Phone: +49 906 982-2161 franziska.gellner@grenzebach.com www.grenzebach.com