Sustainability Report_2022 © KTM/Felix Steinreiber Productions

Sustainability Report_2022 Sustainability Highlights 161 €M INVESTED in product development 10.8 LOST TIME FREQUENCY INJURY RATE3) 79.59 G/KM FLEET EMISSIONS1) 80% PROCUREMENT VOLUME WITHIN EUROPE for series production 98,1% RENEWABLE ENERGY SHARE4) -38,0% RESIDUAL WASTE5) 1) Reduction in energy demand for products (motorcycles, excl. e-bicycles): Ø Emission in g/km; 2) Calculated from the units of motorcycles, e-bicycles and electric balance bikes sold (number of units).

Sustainability Report_2022 Introduction by the Executive Board Last year was marked by exceptional geopolitical and economic challenges both geopolitically and economically. As the result of higher energy prices and the lingering effects of the COVID-19 pandemic, particularly in terms of procurement and global supply chains, the already uncertain situation in the supply chains became even more strained during the first half of the year. This led to shortages of certain components from suppliers of the motorcycle and electric bike sector. Our high flexibility in production and sales planning enabled us to maintain continuous operations. This meant we were able to manage successfully the issues with component availability and achieve another record year in terms of both revenue and earnings. In the 2022 financial year, PIERER Mobility AG increased the group revenue by 19.4 % to EUR 2,437 million. Preliminary operating EBIT improved by around 22 % to EUR 235 million, equating to an EBIT margin of 9.7 %. In our sixth sustainability report, we like to highlight further significant progress in areas of various business units have made in relation to sustainable measures and look back at the last financial year. In addition to the preparation of additional disclosures in relation to the EU taxonomy, key topics in 2022 included conducting a detailed and comprehensive materiality analysis. This resulted in the definition of further targets as well as the expansion of data collection processes. The data will continue to be a key issue for us in the years to come – for example for calculating our footprint (upstream and downstream CO2 emissions) or with regard to the life cycle assessment. There were a whole host of improvements in some areas in our sustainability performance in 2022. In the reporting year, for example, the volume of residual waste was reduced by around 38 % compared to the reference year of 2019, which was significantly more than the target of 10 % that was set. The proportion of reusable packaging for mass-produced items also increased faster than planned, which meant that the target set here was also exceeded. Thanks to the ESG platform for suppliers, which was established at the beginning of the year. We have now the opportunity to use the information provided to identify risks at an early stage and to initiate appropriate activities. Around 60 % of suppliers have already completed the questionnaire. In 2023, the aim is to increase the percentage of verified series suppliers to 80 %. 1 https://www.sustainalytics.com/esg-ratings AMONG THE BEST IN THE INDUSTRY FOR ESG RISK R ATING In January 2023, PIERER Mobility AG received the update on its ESG risk rating from Sustainalytics. The company was rated as having a low risk of material financial impacts from ESG factors (value: 10.5). This ESG risk rating means that we came again 2nd 1 in the Sustaina- lytics ranking of the automotive sector. In addition, PIERER Mobility AG was recognized by Sustainalytics as an “ESG Regional Top Rated” and “ESG Industry Top Rated” company in 2023. EMPLOYEES AS A PILL AR OF SUCCESS The labor market is more challenging than ever, and not just because of demographic trends. Our employees are one of the four pillars of success of the PIERER Mobility. For this reason we are continuously taking measures to ensure that we remain an attractive employer. Our group takes the approach of enabling current employees to develop their career within the company and engage in lifelong learning by undertaking further training and education. Last year we invested around 2.8 million euros in the development of our employees. Furthermore, in September the new training center for apprentices was opened at our main site in Mattighofen. While other companies in the industry continue to suffer from a persistent shortage of skilled workers, we have recognized the opportunity that apprenticeships and dual training present and are keen to restore apprenticeships to the status they deserve as a training pathway. The best approach is to train the skilled workers of the future in-house. INNOVATION – THE FUTURE OF P T WS PIERER Mobility AG continues to pursue an intensive R&D strategy, as is demonstrated by our high research quota, and we aim to maintain this at a high level in the upcoming years. Our R&D strategy and continuous evolution of our product range are creating innovative and future-proof products that meet the high expectations our customers have in relation to technology as well as applications. Another key pillar of our sustainability strategy is the decarbonization of transport. We endeavor to provide drive solutions for PTWs that champion this approach, independently of binding legal requirements and comparative figures. Embracing new technology is therefore a

Sustainability Report_2022 Contents G A y t i l i Key Sustainability Goals for 2023 and Beyond Introduction by the Executive Board I. COMPANY & SUSTAINABILITY MANAGEMENT About this Report About PIERER Mobility Group Structure Corporate Governance ESG Process Value Chain Sustainability Management Scope of Certification ESG Program (Materiality Analysis) 1. Management System & Scope of Certification 2. Key Sustainability Topics and 3. Sustainability and Climate Risks 4. Our Contribution to the UN SDGs 5. ESG Stakeholder Dialog 6. Social Commitments 3 6 11 11 12 13 14 15 16 18 18 20 21 24 31 32 37 I b o M R E R E P _ t r o p e R y t i l i i b a n a t s u S

Sustainability Report_2022 © KTM/Felix Steinreiber Productions

Sustainability Report_2022 About PIERER Mobility PIERER Mobility AG is the parent company of the PIERER Mobility Group. The PIERER Mobility Group is Europe’s leading “Powered Two-Wheeler” manufacturer with a focus on highly innovative premium motorcycles and electric mobility for two-wheeled vehicles. The PIERER Mobility Group is divided into the strategic core divisions of (i) Motorcycles and (ii) New mobility with its equity holding in the KTM AG, (iii) Design, Concept Development and Digitalization with the equity holdings in PIERER Innovation GmbH, KISKA GmbH1, Avocodo GmbH. See also simplified presentation of the Group structure by areas on page 13. KTM AG is a global manufacturer of Offroad and Street vehicles. The products of the KTM AG are sold under the “KTM”, “Husqvarna Motorcycles” and GASGAS brands. The KTM AG develops, manufactures and sells high-performance and competition-ready vehicles for the Offroad and Street segments. In addition, the product range also includes mini-motorcycles, the KTM X-BOW and brand accessories (spare parts, technical accessories and clothing). The KTM Components GmbH develops, produces and sells under the brand “WP” the following high-performance chassis components for motorcycles and vehicles: (i) suspension components, (ii) frame construction and related welded-steel components, (iii) exhaust systems and (iv) cooling systems. The KTM Components GmbH is a comprehensive system provider in the international motorcycle and power sports sector. Due to the offered product groups, the KTM Components GmbH is able to develop, test and manufacture the entire chassis of a motorcycle. The research and development area of the PIERER Mobility Group, bundled in KTM Forschungs & Entwicklungs GmbH, is organized globally with decentralized locations in Europe (Austria, Spain) and the United States. The development programs are centrally managed at the R&D headquarters in Mattighofen and Munderfing (Austria), where pioneering products for the PTW segment are designed, developed and tested using the latest methods and equipment. In the financial year 2022, KTM Technologies GmbH was integrated into KTM Forschungs & Entwicklungs GmbH. KTM Technologies GmbH is a development service provider for the Group and for third-party customers with a focus on the automotive, aviation and mechanical engineering industries. Its services focus on concept and product development, as well as technology development based on its distinctive expertise in complete vehicles, lightweight construction and materials. The new mobility division of the PIERER Mobility Group with the brands Husqvarna E-Bicycles and R Raymon, GASGAS Bicycles and FELT Bicycles is bundled in PIERER New Mobility GmbH (formerly PIERER E-Bikes GmbH). PIERER Innovation GmbH manages sustainable digital transformation and develops digital innovations for the two-wheeler market. Many of today’s innovations are based on a broad digital evolution. For example, connectivity is not just something for smart homes, but affects everyday objects and also vehicles become more and more widely networked. Together with Avocodo GmbH, PIERER Innovation is a center of expertise for the digital user experience (artificial intelligence, e-commerce, internet of things), software development, business modeling and data science as well as the evaluation of new digital technologies, thus shaping the digital future of PIERER Mobility AG. Avocodo GmbH is a software and IT provider specializing in digital strategy, mobile applications, web applications and business solutions. 1 Not fully consolidated company, therefore not included in this report.

Sustainability Report_2022 Corporate Governance The Executive Board of the PIERER Mobility Group ensures proper corporate governance, taking account of aspects of sustainability (for example, sustainability strategy, sustainability goals) to ensure the future viability of the business model. This is the only way to ensure that the company’s continued existence is secured at a time of geopolitical, economic and social changes. The rules for proper corporate governance are set out in, among other things, the Austrian Corporate Governance Code (ÖCGK), to which PIERER Mobility AG is committed. As an Austrian company listed in Switzerland, PIERER Mobility AG is also subject to the rules of the Swiss Directive on Information Relating to Corporate Governance of the SIX Swiss Exchange (“Swiss Directive on Corporate Governance”). The Executive Board of the PIERER Mobility Group is structured according to functional and business responsibilities. Just as they were in 2022, the business-related divisions are led by four members of the Executive Board. The following areas of responsibility focus on the group functions and business-related responsibilities: • Chairman of the Executive Board/Strategic Overall Management, Product and Quality Management, Supply Chain, Strategic Projects, Sustainability; • Finance/Controlling, Compliance, Tax Affairs, Risk Management; • Sales, Marketing, Customer Service, Joint Ventures; • Human Resources, Organization, IT. More information about the members of the Executive Board and their areas of responsibility can be found from page 76 of the 2022 Annual Report. ESG team In response to increasing stakeholder interest in environmental, sustainability and governance issues, ESG management has been expanded further. The ESG team, comprising employees from Risk Management, Quality Management, Environmental Management, and Investor Relations, consults regularly with ESG officers/ responsible persons from all specialist departments. The general managers/divisional heads of the respective business units/divisions are responsible for implementing the ESG process and for creating and achieving the ESG targets. The targets are regularly monitored and approved by the Executive Board. Overall responsibility rests with the CEO. New Supervisory Board committee for ESG issues The Compliance, IR and ESG Committee was established by circular resolution of the Supervisory Board of PIERER Mobility AG dated May 11, 2022. The committee held its inaugural meeting in the 2022 financial year and, among other things, examines the issues from the sustainability and TCFD reports and regularly reviews whether the compliance, IR and ESG objectives pursued by PIERER Mobility AG are being met. For this purpose, the committee monitors the measures being taken to achieve these objectives and examines whether the ESG information that is disclosed meets stakeholder expectations.

Sustainability Report_2022 Value Chain As a manufacturer of motorcycles for off-road and street use and as a developer of products and designs for (e-)bikes, the PIERER Mobility Group integrates an extensive part of the value chain. This starts with creating products in the area of research and development and extends from purchasing, through production - which in some cases is also done internally - to sales and distribution. • Logistics & sales • Motorcycle production & assembly • Purchasing • Research & development • (Product use & recycling)

Sustainability Report_2022 Sustainability Management 1. MANAGEMENT SYSTEM & SCOPE OF CERTIFICATION The whole process of creating a product in motorcycle manufac- turing – from market analysis, the idea for the product, design studies, construction and development, cooperation with suppliers, the procurement of components for series production, parts production, assembly of the engine and vehicle, through to packing and dispatch – is mapped by an integrated management system according to ISO 9001:2015 and ISO 14001:2015 and controlled using the KTM process management system. Audits during production In order to counteract the risk of a faulty product and of associated potential adverse effects for our customers as much as possible, we perform detailed audits on engines and vehicles during production on a daily basis. To improve the production and assembly processes, monthly process audits are also carried out in accordance with VDA 6.3. (VDA - German Association of the Automotive Industry, VDA 6.3 = guidelines for process audits). As most of the vehicles produced are designed and homologated for use on public roads, we attach great importance to complying with the legal requirements of the relevant end markets. Measurement and testing laboratory A measurement and testing laboratory is available within KTM Forschungs & Entwicklungs GmbH. This is where newly developed or advanced materials destined to be fitted on motorcycles are analyzed or tested to ascertain their impacts on health and safety in order to ensure they comply with the specification requirements of components/products. If necessary, tests can also be carried out on clothing and accessories (protective equipment, etc.) in the in-house laboratory. Moreover, R&D operates an operational stability test facility for testing individual components, assemblies and complete vehicles (e.g. a shaker test bench, servo-hydraulics test bench, endurance roller dynamometers, and an acoustic roller dynamometer). In addition, in the quality management testing laboratory, as well as conducting various tests such as hardness tests, tensile/compression tests, chemical analyses, etc., the specialist departments can also ask for analyses of damaged parts to be carried out. Product testing & process FMEA The development results are tested throughout the product development process by test teams set up specially for both on-road and off-road vehicles, from the early prototype phase through to the production product. The riders are specially trained vis-à-vis other R&D staff in handling such vehicles and pushing them to the limit. Around 2.5 million kilometers are now covered each year during testing – and this figure is set to increase. In order to avoid risks, failure mode and effects analyses (design & process FMEA) are also carried out selectively. Structure & process of the environmental management system An environmental management system (EMS) presents energy and material flows and identifies potential for improvement. The EMS is integrated into the management system and certified according to ISO 14001:2015. Particular attention is paid here to the following aspects: • Life cycle assessment from development through to disposal: Certain aspects of the product life cycle, such as electrifying smaller performance classes and reducing CO2 emissions (e.g., using e-fuels), are currently being promoted. In addition, a process is currently being developed to calculate the carbon footprint for individual components of vehicles. • Ensuring operational safety: Every employee receives a safety and fire protection briefing when they join the company. Furthermore, regular audits focusing on safety, order and cleanliness are carried out at the certified sites to ensure that environmental protection, safety and fire protection specifications are met at all times. Emergency plans, which contain instructions on the correct conduct in emergency situations, are in place for each site. • Audits: Internal audits are conducted at regular intervals to continuously monitor whether the processes, requirements and guidelines of ISO 14001:2015 are being met. If there are any discrepancies, appropriate corrective measures are taken. In addition, the environmental management system is audited by TÜV once a year. • Annually updated environmental targets: Workshops for updating the environmental targets are held once a year with the relevant departments. The environmental targets are disclosed in the reporting in line with the recommendations of the Task Force on Climate-Related Financial Disclosures (TCFD). This report has been published since 2021, is revised annually and published on the group's website1. • Annual assessment of environmental aspects: To allow us to align the environmental targets in the best way possible, the key environmental aspects are assessed before the environmental targets are updated. A workshop is also held once a year for this purpose. • Enshrining and raising environmental awareness: To achieve a consistent level of environmental awareness within the company, 1 https://www.pierermobility.com/wp-content/uploads/2022/12/PIERER-Mobility-AG_TCFD-Report-2022_en.pdf

Sustainability Report_2022 KTM has a noise test track certified to ISO 10844. Under the supervision of an accredited technical service, UNECE R41 approval tests are carried out on this test track. The test track is also used for noise emission assessment of vehicles in development as well as for CoP (Conformity of Production) tests. KTM also has a special acoustic laboratory room where almost no sound is reflected, making it a suitable place to carry out simulated pass-by noise emission tests (simulating the UNECE R41 test procedure). However, simulated pass-by noise tests are not yet provided for in the EU type-approval regulation or in the UNECE R41 regulation for noise emissions from motorcycles. Nevertheless, noise emission tests are performed in this anechoic chamber to support the continuous noise emission assessment of whole vehicles and vehicle subsystems under development (e.g. a braking system or isolated analysis of secondary transmission noise emissions). Assembly process & end-of-line test KTM AG in Mattighofen assembles an average of 954 motorcycles per day (annual production volume in 2022: around 222,000 vehicles). Each vehicle component is inspected according to a test plan by experienced employees trained in the relevant test criteria. At the conclusion of vehicle assembly, 100 % of all motorcycles are subjected to an end-of-line test (test bench run). This process step is secured by systems engineering so that no vehicle can leave production without passing the test. If an error is detected in the assembly process, it is recorded in SAP ME (MES) by the post-assembly personnel. Each error that is entered is automati- cally transferred to the ERP system and created there as a quality notification. The data is evaluated daily and made available to the relevant employees via a dashboard. Furthermore, in the course of delivery to the end customer, a pre-delivery inspection is carried out for each motorcycle by the trained KTM/Husqvarna/GASGAS dealer. A clearly defined inspection list with all safety-relevant components and systems is worked through and electronically stored in the vehicle history for each motorcycle in the KTM/Husqvarna/GASGAS Dealer.Net. We achieve the high quality of product in particular through production-oriented design, the use of analytical and statistical methods of calculation, comprehensive checking and testing, a focus on the process quality and by using targeted communications, as well as by implementing training measures at all companies in the PIERER Mobility Group and at the suppliers. The global assembly sites are professionally supported by a team of highly skilled QM employees. They make sure that the manufacturing know-how is passed on to these sites and safeguard the quality of the vehicles produced there by implementing a KTM-compliant management system. SCOPE OF CERTIFICATION Quality management system Environmental management system The scope of certification of ISO 9001:2015 covers the production sites in Mattighofen, Munderfing and Graz, KTM Forschungs & Entwicklungs GmbH, the logistics sites in Munderfing as well as the sales companies located in Mattighofen and Graz. The ISO 9001 certification in 2022 thus covered 70.2 %* of the employees. In addition to the divisions at KTM AG's Austrian production and logistics sites in Munderfing and Mattighofen, KTM Components GmbH and KTM Forschungs und Entwicklungs GmbH are also certified to ISO 14001. 69.6 %5 of employees were thus covered in 2022. The relevant certificates are available to view on the company website at any time. * This calculation was based on the number of KTM AG employees on the reporting date of December 31, 2022 (5,684).

Sustainability Report_2022 In addition, an impact assessment was carried out using a new methodology. For this purpose, the impact of business activities on the three sustainability dimensions was assessed (inside-out), and a risk-based approach was chosen to assess the impact of aspects related to the 22 topics on the group and its business activities (outside-in). These assessments were also made in collaboration with representatives from the relevant divisions of the company and by the ESG officers. Fair business practices • Impacts of procurement on people and human rights • Business & legal compliance • Data protection and cyber security • Fair and responsible product marketing • Impacts of business decisions and processes on people and human rights • Supply chain resilience In light of the change to the definition of materiality in connection with the CSRD and the fundamental overhaul of the list of topics, it was decided that this report would initially address all 22 topics, as none of them could be assessed to be completely immaterial. The topics “ESG stakeholder dialog”, “future viability of the business model” and “proper and sustainable corporate governance” are not assigned to any of the four areas because they are seen as tasks for ESG management. The topic of future viability should also be regarded as a combination of several ESG topics. These three topics mentioned are seen as overarching management approaches for all four ESG areas. For this reason, they are not linked to any specific indicator. Stakeholders will be informed about measures and their results in this Sustainability Report. Similarly, certain ESG topics will be also presented at various events (such as roadshows/investor conferences, specialist events, etc.). The 22 topics are divided up as follows: Reliable employer • Employer attractiveness • Employee rights and working conditions • Occupational safety and employee health • Training and further education • Diversity and equal opportunities Sustainable mobility • • Impacts of the product design/end of life on the climate and Innovations from in-house research and development environment • Impacts of using the product on the climate and environment • Product quality and user safety Environmentally conscious production • Waste management • Impacts of procurement and logistics on the climate and environment • Impacts of production on the climate and environment • Other climate and environmental impacts ESG management • ESG stakeholder dialog • Future viability of the business model • Proper and sustainable corporate governance These topics will be described in the chapters below, with reference to the concepts, risks, due diligence processes and measures, along with results and performance indicators. Significant risks arising from the group's business activities and business relationships which relate to the impact on the issues in focus are identified in the respective divisions and avoided wherever possible using the measures described. Non-financial risks are systematically recorded and evaluated (see the “Sustainability and Climate Risks” chapter). Significant risks that are likely to have a negative impact on the interests of the company are included in the reporting in accordance with Section 267a of the Austrian Commercial Code (UGB). ESG program The ESG program, which was introduced in 2021, is an overview of all ESG measures used to address or achieve the key ESG topics and associated targets. The process envisages that the measures and targets in this ESG program will be reviewed, updated or redefined in annual workshops with the divisions focusing on the ESG topics which are identified as being material. The ESG program will then be submitted to the Executive Board for approval. Following a project that was launched in 2022 to create a fact-based foundation for expanding the ESG strategy, the ESG program was also drawn up for the 2022 reporting year based on this process. Once the baseline project has been completed and the findings obtained have been applied further, the ESG process will be implemented as planned in the 2023 financial year. The preliminary version of the ESG program from 2021 was updated for 2022 and attached to the notes in detailed form.

Sustainability Report_2022 3. SUSTAINABILIT Y AND CLIMATE RISKS Non-financial or sustainability-related risks (ESG risks) were identified in 2022 as part of the impact assessment (focus: inside-out) and another project (focus: outside-in). A handling approach that is integrated into enterprise risk management will continue to be promoted and expanded. A qualitative summary of the gross risks can be found in the table below. Links to topically associated climate- related risks (outside-in) in line with the recommendations of the Task Force on Climate-related Financial Disclosure (TCFD) are also shown. More details about the TCFD risks can be found in the TCFD Report 2022 of PIERER Mobility AG1. Measures (reference to chapter in the report and ESG program) See Chapter 8. under “Sustainable Mobility” and measures in the 2022 ESG program NON-FINANCIAL RISKS (ESG RISKS) – LINKED TCFD RISKS ESG topics Description of the main gross risks Relevance to Sustainability and Diversity Improvement Act issues Environment Impacts of using the product on the climate and environment Outside-In: The main gross risk arises from various sustainability-related reasons for stricter regulations on two-wheelers with combustion engines. In addition to a tighter EURO emissions standard, there are also increasing noise regulations that could restrict areas of use, particularly for offroad motorcycles. The consequences of regulatory pressure could be a reduction in demand and sales opportunities for certain model series in certain markets. This could also entail losses of market share. Inside-Out: CO2 emissions from the phase of using motorcycles with a combustion engine account for the largest share of CO2 emissions associated with the company and contribute to ongoing climate change. Consequences arising from this should be considered on a pro rata basis, but could have severe health and environmental impacts. Furthermore, noise emissions from motorcycles with a combustion engine have a significant impact. Noise that exceeds specified limits is produced predominantly from an individual person’s riding style and the use of non-homologated or poorly maintained components. Traffic noise as a whole is considered to be a significant health and environmental problem which would be exacerbated if appropriate improvement initiatives are not implemented. Linked TCFD risks Politics & law: Climate-related regulations/driving bans Climate-related product lawsuits 1 https://www.pierermobility.com/wp-content/uploads/2022/12/PIERER-Mobility-AG_TCFD-Report-2022_en.pdf

Sustainability Report_2022 ESG topics Description of the main gross risks Relevance to Sustainability and Diversity Improvement Act issues Impacts of production on the climate and environment Linked TCFD risks Market: Resource scarcity/raw material price increases Acute: Extreme weather events (severe weather/storms with hail, flooding) Outside-In: Rising energy prices are caused by various factors and may in turn have an impact on the company's earnings. Without appropriate efficiency measures, energy costs could therefore rise sharply and reduce earnings. As the climate continues to change, the frequency, magnitude, and regional distribution of extreme weather events are also increasing and may temporarily interfere with or cause the shutdown of production sites. Inside-Out: In addition to climate-change-related impacts (especially CO2 emissions from fossil fuels used in production), environmental pollution could be generated from the storage and processing of the materials and substances that are required. Linked TCFD risks Acute: Extreme weather events (severe weather/storms with hail, flooding) Chronic: Increasing demand for cooling due to warming Other climate and environmental impacts Outside-In: Significant gross risks are predominantly related to the potential for compensation payment for CO2 emissions to increase. Costs that may increase include building-related energy costs and costs related to business travel. Inside-Out: In addition to emissions of CO2 and other pollutants from business travel and building-related energy requirements (electricity, heat) and their possible contribution to climate change, light emissions and land sealing could have an impact on the environment. Waste management Inside-Out: Waste can enter environmental systems and cause damage if not handled properly. High volumes of unsorted waste materials contribute to a shortage of usable resources because they cannot be recovered and are therefore destroyed at great expense or lost. Efforts to create a circular economy may be curtailed as a result. Measures (reference to chapter in the report and ESG program) See Chapter 11. under “Environ- mentally Conscious Production” and measures in the 2022 ESG program See Chapter 13. under “Environ- mentally Conscious Production” and measures in the 2022 ESG program See Chapter 12. under “Environ- mentally Conscious Production” and measures in the 2022 ESG program

Sustainability Report_2022 ESG topics Description of the main gross risks Relevance to Sustainability and Diversity Improvement Act issues Diversity and equal opportunities Outside-In: Measures (reference to chapter in the report and ESG program) See Chapter 4. under “Reliable Employer” In modern society, different lifestyles, worldviews and cultural backgrounds play an increasingly important role. These principles are also important for the assessment of many of the company’s stakeholders. Future and existing employees are also increasingly keen to see a socially just structure in the company. Risks for the company in this area can be summarized as driving away various stakeholders with the accompanying loss of reputation. Also, the proven potential of having diverse teams in terms of innovations and finding solutions would not be exploited. Inside-Out: As a large employer and global company, there is a responsibility to create a fair society and a fair corporate culture spanning the range of individuals in the company. Ignoring these issues could exacerbate existing social injustices in society instead of solving them and limit people's individual freedom. Social concerns Product quality and user safety Outside-In: If the increasing demand for safety from users and regulations is not met, the attractiveness of motorized two-wheelers could decline in certain segments, leading to declines in sales in some places. Product quality issues could lead to product recalls and reputational damage, which may have a negative impact on the company's bottom line. High demands placed on product quality by regulations and other requirements may lead to high expenses and increasing product complexity. This should also be viewed in the context of increasing intentions to use or not to use certain materials on the basis of sustainability-related criteria. Inside-Out: As a manufacturer of mobility solutions, you also have a responsibility to provide users with a high-quality product that does not have any production or safety defects that could cause or contribute to accidents or health implications. Inadequate testing processes and insufficient focus on safety features could bring about quality and safety defects. Linked TCFD risks Chronic Weather-dependent mobility behavior See Chapter 9. under “Reliable Employer” and measures in the 2022 ESG program

Sustainability Report_2022 ESG topics Description of the main gross risks Relevance to Sustainability and Diversity Improvement Act issues Measures (reference to chapter in the report and ESG program) Human rights Other concerns Impacts of procurement on people and human rights Occupational safety and employee health Diversity and equal opportunities Data protection and cyber security Impacts of business decisions and processes on people and human rights Innovations from in-house research and development Inside-Out: Without appropriate countermeasures, competition-distorting practices can be carried out unhindered, causing damage to the market economy system. Outside-In: In addition to reputational damage from competition-distorting practices, there is a risk in particular of large fines and other sanctions. Furthermore, additional costs might arise from uneconomical contracts resulting from bribery. In view of increasing regulations in the area of ESG in particular, the risk of incidents occurring could increase. See social concerns See employee concerns See employee concerns See social concerns See social concerns See Chapter 6. under “Sustainable Mobility” and measures in the 2022 ESG program Inside-Out: Manufacturers and providers of mobility solutions play a major role in enabling users to achieve safe and sustainable mobility. A lack of innovation or research and development to achieve improvements in the safety, efficiency, and environmental performance of products and to meet customer expectations could contribute to a detrimental impact on the environment and health or perpetuate unsustainable behaviors. Outside-In: In the context of the technological departure from the combustion engine already under way and increasingly demanded by politicians, it is still not certain which of the possible alternatives will become established, when this will happen, to what extent or in which applications. R&D activities and investments in this important area could prove to be misguided, with little or no return owing to the high development costs associated with complex projects. This incorrect approach along with a delay in embracing R&D trends could contribute to declining competitiveness and an inferior position in the market.

Sustainability Report_2022 5. ESG STAKEHOLDER DIALOG The increasing presence of the products from the company's various divisions – especially those under the KTM, Husqvarna Motorcycles and GASGAS motorcycle brands and under the Husqvarna E-Bicycles, R Raymon, GASGAS Bicycles and FELT Bicycles (e-)bicycle brands – means that PIERER Mobility engages with various stakeholders in the global market. Their individual interests and approaches are balanced as fairly as possible. The group always strives to maintain a continuous, intensive dialog with its stakeholders. The views and experiences of others have a crucial bearing on how the group acts in addressing and discussing both relevant and controversial issues. This is the only way it can satisfy the requirements and expectations of both sides and develop sustainable solutions. To this end, it has established defined communication channels and forms of dialog that enable ongoing interaction with the key stakeholders. Communicating proactively and integrating relevant stakeholders are crucial for the PIERER Mobility Group as this allows it to maintain its leading position in the market and respond as promptly as possible to the volatile market environment for its products and services. Treating each other with respect and the transparent flow of information help over the long term to build up mutual trust and prevent misunderstandings – this is the only way to reduce any tension that may exist and prevent new conflicts from arising. In addition to personal discussions, the group's stakeholder dialog also focuses particularly on joint product development with various specialist groups and strong regional cooperation between its sites and suppliers. The group is aware of its social responsi- bility and therefore strives constantly to provide future-proof jobs and create new jobs in a sustainable way. Through dialog with its neighbors, communities and associations, it develops concepts for solutions to meet local challenges and promotes balanced educational work. Regular engagement with the capital market, for example at roadshows, investor conferences and on conference calls (since 2022 also via a live webcast as part of the presentation of the key preliminary figures and the half-year results) is very important for the PIERER Mobility Group. In addition, its stakeholder management also involves tech talks, themed workshops, training courses, surveys, web platforms, media contacts and interviews as well as trade fairs and career days. Employees: annual performance appraisal, career talks, intranet, employee app, specialist workshops, training courses, ideas workshop, information events and works meetings, tours of production areas, welcome days for new employees and apprentices, KTM Riders Academy, KTM_academy, Production Academy, apprentice workshop, networking events (#LeadershipNextLevel, #LeadersNET). Capital market (shareholders, investors, analysts, banks and rating agencies) and ESG professionals: Bilateral exchange on environmental, social and governance (ESG) issues with investors and ESG analysts. Universities and scientific partners: Delta Academy of Montanuni Leoben (Stefan Pierer is a member of the management board), round table in small groups on technological topics of the future, joint R&D projects, visits to educational institutes (universities of applied science, universities), preparation of studies, cooperation with technical universities within the framework of sponsored projects, cooperation with LIMAK as well as with universities and technical colleges, sponsor of/cooperation with Formula Student Teams, member of the automobile cluster. Suppliers and dealers: Trade fairs, product presentations and test drives, joint events, training courses, lectures, regular dealer meetings on delivery and quality assurance agreements, daily exchange of information via Dealer.Net. Users: Customer experience camps, youth support programs (E-MINI ACADEMY, YOUNG and MINI FIGHTERZ, Austria Junior Cup). Business partners: Knowledge sharing at specialist conferences and expert workshops. Racers and factory riders, rider teams: Test rides, face-to-face feedback discussions and exchange of experiences in relation to safety. Media: Interviews, press releases, close contact with business journalists, test rides, trade fairs, product presentations. The stakeholder groups were first identified in 2018 as part of an internal analysis of the key stakeholder groups that regularly contact various divisions of the company or with which a very large amount of information is already exchanged. Since then, and on the basis of ongoing activities with stakeholders during the year, the forms of dialog have been reviewed at least once a year to ensure they are current and updated if necessary. An overview of the stakeholder groups and the forms of dialog can be found below. Politicians, networks and associations: European Association of Motorcycle Manufacturers (ACEM, Stefan Pierer is Vice-President); Presidency (Stefan Pierer) of the Federation of Upper Austrian Industry; at the PIERER Mobility Group locations, the management is in regular contact with relevant local/regional government officials and authorities (provision of company data, annual report and sustainability report). Participation in the association z.l.ö. - zukunft.lehre.österreich, cooperation with Hotspot (Lebensraum)

Sustainability Report_2022 E-Call – “sAFE” project Further information can be found in the following ACEM documents: Promoting participation in transnational standardization activities to define the minimum requirements for the integration of the automated emergency call system E-Call, which is already established in the automotive segment. In the past reporting year, the European Committee for Standardization, CEN, laid the foundation for upgrading the technical specification TS17249-5 (specifies the minimum functional requirements for a motorcycle-specific e-call system) to a fully fledged European standard (EN standard). European Motorcycle Training Quality Label The European Motorcycle Training Quality Label 1 was launched in 2016. The program is championed by the European Association of Motorcycle Manufacturers (ACEM), the German Road Safety Council (DVR), and the International Motorcycling Federation (FIM). It is a voluntary certification system for motorcycle safety training programs after a rider has acquired a license that is available to all training centers. The main aim of this program is to enable motorcyclists to find the best post-license training facilities in Europe. In 2019, the Quality Label received the European Road Safety Charter Award from the European Commission in the “Voluntary Commitments” category. This award recognizes those initiatives that help to improve road safety and save lives on Europe's roads. Since its launch, a total of 36 training programs in eleven countries 2 have been certified with the European Quality Label, including five motorcycle training courses at the KTM Riders Academy. So far, about 200 group training sessions have been conducted by the KTM Riders Academy. There were around 350 training participants in the actual year under review. At the end of 2022, a working group was launched to push the development of standardized training for certified training programs. Environment Continuation of activities within the United Nations Economic Commission for Europe (UNECE 3) in the field of Environmental and Propulsion Performance Requirements for Internal Combustion Engine PTWs (EPPR). • Transport Sustainability and Noise Emissions 4; • The Motorcycle Industry’s Commitments to the Environment 5; • Strategy for Decarbonization of Transport – Powered Two-Wheelers (PTWs) in 2050 6. Safety Continuation of activities within the UNECE regarding safety regulations in the PTW segment, such as brakes, lighting, etc. In addition, in the area of safety, manufacturers are focusing in particular on rider assistance systems: Rider assistance systems for motorcycles can help to prevent accidents. They help to reduce collisions by supporting the rider in critical situations. At the same time, they also make the ride more fun and comfortable. Relevant examples are: Traction Control Systems (TCS), Tire Pressure Monitoring Systems (TPMS), electro- nically adjustable suspension, electronic cruise control, shift assist, fuel-saving assist, proximity activation systems (i.e. keyless driving systems), in-vehicle navigation systems, adjustable ride mode, side view assist, automatic stability control, etc. Many advanced rider assistance systems were originally developed for cars. However, they can potentially be dangerous if they are used on motorcycles without being appropriately adjusted. For this reason, ACEM members are working on specific technical solutions for rider assistance technologies. Systems have already been developed by KTM AG and installed in production motorcycles since 2021, offering adaptive cruise control, forward collision warning and even blind spot detection, all of which can help to increase the level of safety for motorcyclists. The technology on which these systems are based is a combination of radar sensor, brake system, engine management system and HMI (Human Machine Interface). Examples of safety-related assistance systems that were further developed in 2022 include: • Blind spot detection including lane-change warning • New Bluetooth Low Energy based sensors to detect tire pressure • Riding modes will also be individually configurable in the future • Smartphone apps will enable vehicle settings to be made for the chassis and engine • The in-house navigation app will now also take users on winding routes that are ideal for motorcycles • Keyless access systems utilize the latest security technology ACEM Road Safety Strategy: https://roadsafetystrategy.acem.eu/home/the-european-motorcycle-training-quality-label/ 1 European Motorcycle Training Quality Label: https://motorcycle-training-label.eu/; 2 https://motorcycle-training-label.eu/motorcyclists/ 3 UNECE: United Nations Economic Commission for Europe 4 https://acem.eu/policy-areas/environment/acem-position-paper-transport-sustainability-sound-emissions-and-noise-a-collective-response-for-a-shared-responsibility 5 https://acem.eu/policy-areas/environment/riding-in-a-21st-century-environment-the-motorcycle-industry-s-commitment-to-the-environment 6 https://acem.eu/policy-areas/environment/acem-position-paper-decarbonisation-of-transport-powered-two-wheelers-ptws-on-the-road-to-2050

Sustainability Report_2022 The experts from KTM F&E expect that the international standard- ization envisaged in the scope of the project will create a market for this battery system which will allow it to meet the expectations of customers regarding range, “charging time” (limited to the time needed to swap the batteries), and costs, and in which positive business cases can be presented for each of the manufacturers (vehicle, battery, charging/swap stations). The consortium members are thus making a significant contribution to the wider spread of electric propulsion in light 2-, 3- and 4-wheeled vehicles with a focus on applications over shorter distances (e.g., daily distances of <100km). FEDER ATION OF UPPER AUSTRIAN INDUSTRY During the course of the 2022 Ordinary General Meeting, the Executive Board and the executive committee of the Federation of Upper Austrian Industry (“Industriellenvereinigung Oberöster- reich”) were reappointed for the 2022 - 2025 term of office. Stefan Pierer was chosen as the new President. The Federation of Upper Austrian Industry is a voluntary, politically impartial interest group whose officials are volunteers. It encompasses approximately 450 companies with around 150,000 employees. They are some of the leading businesses in the Upper Austrian economy. Together with the Federation of Austrian Industry, a strategy paper entitled “Performance needs to pay 'again'” was drawn up in 2022. People are facing the current crises and challenges with a great willingness to work hard. At the same time, the labor market is undergoing profound change and the demands placed on a modern workplace are changing. At a time when skilled workers are in short supply, it is becoming very clear what a valuable asset a committed workforce is. With this in mind, in this strategy paper the federation and industry in general proposes a set of ten measures 1 that can be implemented in the short term and may help to alleviate the situation. ARGE2R AD Arge2Rad is the association of the Austrian two-wheeler industry. Its activities focus on shifting perceptions in order to make motorcycling even more attractive by making access to powered two-wheelers easier and also safer. In cooperation with several partners – among them the Austrian mobility clubs, the driving schools, the Chamber of Commerce, the media, the police and various ministries – Arge2Rad has already managed to achieve a great deal. 1 https://leistung-muss-sich-lohnen.at/ Hubert Trunkenpolz, a member of the Executive Board of KTM AG, acts as President of Arge2Rad which focuses on the following key priorities: • Stable market development of powered two-wheelers, • Reducing CO2 and noise emissions, • Traffic regulations and road safety initiatives, • Organization of test days and trade fairs. Electric mobility bonus for single-track vehicles When it comes to electric mobility, two-wheelers provide a vital ecological impetus. One measure which Arge2Rad strongly advocates is the electric mobility bonus. The continuation of the new support system for mopeds, scooters and motorcycles was agreed again in 2022 between the importers of Arge2Rad and the Federal Ministry for Climate Action, Environment, Energy, Mobility, Innovation and Technology. Compared to other European countries, Austria is right at the top with more than 25 % of all mopeds being electric. Around ten new models are added every year. ZIV PIERER New Mobility GmbH is a member of the Bicycle Industry Association (ZIV) in Germany. By actively participating in various Austrian working groups, the members of the association are able to exert significant influence on standards and the legal framework in the two-wheeler sector. ZIV represents the interests of its members in national and international bodies and, as a member of the European umbrella organization CONEBI, also champions their cause at EU level.

Sustainability Report_2022 Avocodo GmbH is also the main sponsor of the support association for the technical college courses in Hagenberg – University of Applied Sciences Upper Austria. The students can expand their technical know-how in a practical way and implement this with specific project outcomes. Thanks to its long-standing cooperation with the University of Applied Sciences, the company also has close ties with the Hagenberg campus. Every year, Avocodo hires numerous graduates and interns. The cooperation with Hagenberg University of Applied Sciences was expanded further in 2022 with an agreement to sponsor a laboratory (for five years starting in March 2023). Vocational promotion – positively supporting the labor market KTM AG is part of the regional advisory board at the Austrian AMS labor market service in Braunau, the public service company for job seekers. This is referred to as the AMS administrative body and consists of representatives of employees and employers as well as of the AMS. The aim of the advisory board is to decide on principles of labor market policy and to adopt measures to meet the current needs of the labor market. A key area is to implement actions to counter the shortage of skilled workers, which was particularly acute in the reporting year. With this advisory board role, KTM AG or the group has the opportunity to impact positively on the difficult situation with skilled workers. Innovation Lab – workshops for children and youngsters At KTM AG, technology and innovation are always paramount. It is important to provide the young target audience with an understanding of the technical areas the company is engaged in. Learning the basics of electrical engineering and digital design in a playful way are the focus of the workshops that children and youngsters can attend in the 'Innovation Lab' in the KTM Motohall. A solid educational concept serves as a basis and acts as a guide for the workshop supervisors. In 2022, around 360 bookings were made in the Innovation Lab at the KTM Motohall. The motto is “Learning by doing”. All the attendees need to bring along is their creativity – they learn the rest in a playful way, e.g., by soldering or doodling. In design workshops, the youngsters are taught how 3D scanners and 3D printers work, they design their own motorcycles on the design board and then cut them out on the laser cutter. Youth development program – supporting young talent in sport The past four YOUNG FIGHTERZ seasons have already demonstrated that KTM is committed to promoting young talent. The promotion of young motorsport talent remains an important topic. Austria’s young riders in the 85cc class are referred to as YOUNG FIGHTERZ. All riders, regardless of which make, whether a license holder or amateur rider, are eligible to participate. Following the great success of the 85cc training camps in previous years, the YOUNG FIGHTERZ training series was extended last year to include two camps for riders in the 65cc class, the MINI FIGHTERZ. The training camps take place at venues offering the best training and development opportu- nities. Local Enduro greats help the youngsters to develop their cross-country skills. This gives young talented riders the opportunity to share their experiences with heroes and role models from the national motorsport scene and to get tips from the pros. Since the 2022 season, there has also been the E-MINI ACADEMY, which offers free camps for children to ride E-Mini motocross motorcycles from KTM. This allows children to learn to ride motocross in a fun way at a young age. Austrian Junior Cup – giving young people sporting opportunities Together with the ÖAMTC, the Austrian Automobile, Motorcycle and Touring Club, KTM AG supported the AJC Austrian Junior Cup 2022. In the reporting year, 20 young people took part in this competition to promote young talent with the aim of becoming the best world championship riders. With this initiative, KTM AG is very keen to support talented Austrian youngsters and to give them a good foundation and opportunity in this sport. Charity auction for flood victims KTM AG auctioned off a KTM 890 DUKE R – personally signed by top MotoGP™ rider Miguel Oliviera – on the “United Charity” auction platform 1. The motorcycle was purchased in the auction by a German company for EUR 14,800. All the proceeds from this purchase went to “Aktion Deutschland Hilft” and were used to support the victims of the catastrophic flood that occurred in Germany's Ahr Valley in July 2021. 1 Further information about the initiative itself and about the charity auction portal can be found at https://www.unitedcharity.de/Auktionen/KTM-Motorrad and https://www.unitedcharity.de/

Sustainability Report_2022 KTM Components Facility, Production © KTM

Sustainability Report_2022 Taking on employees from external companies The integration of non-group companies goes hand in hand with the dynamic growth of the PIERER Mobility Group. In order to meet employee needs efficiently and for the long term, a special focus was placed on retaining these employees, and integration and organizational development were continuously monitored. In addition to the welcome day for white-collar employees, there has been a welcome day for production employees each month since October 2022. On this day, new colleagues are given all the key information they need to know about the company. The aim is to retain more employees by making them identify more with the company and providing transparent prospects for career development. In 2022, 347 temporary workers were taken on (concerns employees for the production sites in Mattighofen and Munderfing/Austria). Since October 2022, the production team has also been bolstered by 48 refugees who are currently in the process of applying for asylum or are entitled to asylum and subsidiary protection. Refugees need to have been in the process of applying for asylum for three months in order to obtain a work permit. People who are entitled to asylum and subsidiary protection can be employed just like nationals of the country without any legal restrictions. Company catering In August 2022, the company catering was reorganized at the Austrian sites. As a first step, the focus was on the production areas and production-related areas. Specifically, the opening hours of the snack stations were extended to include additional shifts, one site was fully renovated, and a new one was added. This ensures that all employees have access to fresh, low-cost refreshments. The implementation of a cloud-based payment system has also made it possible for all production employees and those who work shifts, as well as all temporary employees, to be given a subsidy of EUR 2.00 per working day. As part of the full renovation of all break-time and social areas in vehicle assembly to upgrade them to modern standards, care was taken in the design to ensure short distances from the workplace. New app for employees To ensure that all employees of PIERER Mobility AG, including non-desk workers, receive important company information directly and at the same time, an employee app was launched in October 2022: The PITBOARD app can be downloaded free of charge to a company or private mobile device from the usual app stores. In addition, the app is also available as a web app without downloading it. Using PITBOARD includes registering with personal login details which enable each employee to receive personally customized information. With extra security thanks to the need to request a security code, non-desk workers now also have the option to access their remuneration and time statements digitally at any time and to view their history. For employees who do not have access to digital devices in their personal lives, the company provides PCs to allow them to access PITBOARD with their personal login details. The PITBOARD app therefore also makes internal communications more targeted and efficient. Examples of this include booking the plant bus and registering employee recommendations for production. In this case processes for non-desk workers and for entering the required data have been simplified with great success. KTM once again managed to achieve the golden seal of the Best Recruiter Award for the automotive sector in 2021/2022. Study results will also be incorporated as a basis for further developments and improvements throughout the recruitment process this year. New flexible working hours in production After making working hours flexible for white-collar employees (where Fridays can be incorporated), a new shift model, the four-day week, was introduced for employees in vehicle assembly as a trial from October 2022 to February 2023. Over these four months, operations on Line 2 and in participating departments have been carried out using this progressive working model. The working hours were in blocks (ten hours per day), which resulted in longer periods of leisure time for the employees. The switch to the new working model was voluntary – which meant that two different shift models could run side by side. This offers employees and the company more flexibility, but is not a permanent shift model and will be used in the future to achieve additional capacity when necessary. “KTM Performance Talk” employee appraisal The KTM Performance Talk is one of the most important parts of performance management and leadership. With a view to continuous performance management, the focus is primarily on constructive feedback as well as a discussion that focuses on goals and development. This means it is essential for both parties to be properly prepared for the talk – special training courses are offered in the KTM_academy for this very purpose. Equally relevant is the “Mid-Term Review”. This was introduced in 2022 and is a review during the year that focuses on ascertaining the level of target achievement and defining constructive measures for the second half of the year in order to stay “on track” in these fast-moving times. For roles in which a high level of task complexity and volatility among employees is required, there will also be even more opportunities for talks in the future so that the company can work toward achieving the

Sustainability Report_2022 2. OCCUPATIONAL SAFE T Y AND EMPLOYEE HE ALTH CONCEP T AND OBJECTIVE ME ASURES AND FURTHER E XPL ANATIONS The PIERER Mobility Group places a priority on employee health and safety. For this reason, in addition to technical expertise, it also seeks to maintain and strengthen the physical and mental health of its employees. Its approach is to create a working environment in which employees are protected against health risks and risk of injury at work by means of suitable measures and processes. This is the prerequisite for being able to perform at work and deal with physical and mental stresses and strains. PIERER Mobility's occupational health and safety policy summarizes the key principles for protecting the health of its employees and the measures it takes to achieve this. 1 As a company which manufactures and assembles street and off-road motorcycles, there are significant health and safety risks for our employees in the workshops and during test rides. The group adopts a strategic approach to minimize hazards based on the "STOP principle”, and it implements precautionary measures and special training, especially in those areas of work that are potentially very hazardous. Great attention is paid to following the safety measures that are necessary and have been put in place, and to ensuring that every employee follows the instructions given to them. Everyone is required to wear the personal protective equipment that has been specified and provided free of charge. Health and safety instruction is given to each employee before he or she starts work. An accident management system is in place to identify where improvements can be made where appropriate. The introduction of HSE software across the company is intended as another step on the path to achieving systematic improvement and central control in this area. Implementation is scheduled for the 2023 financial year in order to manage occupational health and safety digitally and ensure legal compliance in the future. The Health & Safety Team, which was established at the end of 2021, is responsible for the targeted evolution of occupational health and safety for the company’s employees. Under the leadership of this team, the safety experts continue to be responsible for occupational safety and health protection. They are supported by occupational medicine and occupational psychology specialists. In the 2022 year under review, the first important analytical steps were taken for expanding and developing sport and promoting good health within the company. In order to achieve continuous improvement in the area of health protection and safety, preventive measures are taken to safeguard general safety in the workplace and the health of employees. Rider training for test riders For a number of years now, an area it is focused on in particular is how best to avoid accidents occurring during test rides involving prototype and series motorcycles that the company needs to carry out. Employees who are responsible for functional testing and test rides are trained at the KTM Riders Academy, which also provides the trainers: special rider training ensures that KTM employees receive rider training that is commensurate with their role. The training courses developed with R&D are structured in stages with three qualification levels, depending on the occupational requirement. In the 2022 reporting year, a total of 211 employees attended the motorcycle training courses offered by the KTM Riders Academy on 34 separate dates. Courses ranged from basic beginner courses to special street training, advanced and refresher courses. In total, there were 1,683 hours of training. In order to continuously prevent occupational accidents and minimize hazards, the following measures are adopted on an annual cycle, following the “STOP principle”: • Substitution: e.g., robot systems for welding processes • Technical protective measures: e.g., screening off equipment with protective grilles • Organizational measures: e.g., job rotation • Personal protective measures: e.g., training, personal protective equipment Analysis of occupational accidents to avoid risks To avoid risks in the future, occupational accidents are analyzed on a regular basis. This analysis begins with an on-site inspection and a personal meeting with all those involved in the accident. The accident is then recorded in the company's own risk matrix and analyzed. Clusters of the same accidents will result in targeted measures being developed and implemented. In addition, care is taken during the actual construction of production facilities to ensure that ergonomic considerations are also incorporated and all safety regulations are complied with. In 2022, 109 work-related accidents occurred in the PIERER Mobility Group (of which 75 involved 1 See current version at https://www.pierermobility.com/wp-content/uploads/2022/11/Occupational-Health-and-Safety-Policy_2022_PIERER-Mobility-AG.pdf

Sustainability Report_2022 As part of the provision of healthcare for the apprentices, a medical examination was carried out at the start of the apprenticeship in addition to the mandatory eyesight and hearing tests. A workshop to raise awareness among first-year apprentices of the importance of health and exercise for their own personal performance was conducted in cooperation with external experts. It served as a pilot project and was used as the basis for developing more initiatives for the future. The fact that the health of employees is also supported on an ongoing basis at Avocodo GmbH is confirmed by the seal of approval for workplace health promotion (BGF) from the Austrian Health Insurance Fund (ÖGK). The award of the seal of approval was extended again until 2024 (it was first awarded in 2013). Reduced membership fees at the nearby gym, regular team events, an annual health day and the organization of vaccinations always form part of the package on offer. In the year under review, the focus was on team-building activities and sporting competitions. At the request of the workforce, a blood donation campaign was organized by the Red Cross along with a four-hour first aid refresher course at the company's own offices. Since June 2022, Avocodo has had its own safety expert to advise on all aspects of occupational safety. Occupational healthcare is provided by the occupational health center, which performs the eyesight tests and ergonomic consulta- tions, for example. COVID-19 The coronavirus pandemic was still a major issue, particularly in the first two quarters of 2022. To protect the employees and maintain the operation of the business, KTM’s internal COVID team developed appropriate measures and continuously adapted the internal guidelines to reflect the circumstances at the time. All facilities and services within the company (COVID hotline, in-house testing station, etc.) were available to employees without any restriction throughout the year under review. This enabled suspected cases to be identified quickly, waiting times for test results to be greatly reduced, and possible chains of infection to be broken sooner. Thanks to this forward-looking approach and constant engagement with the authorities, it was possible to implement the measures as well as government regulations comprehensively and quickly. This prevented an extensive spread of the disease in the company, and the risk of becoming infected with COVID-19 in the company was assessed as being low. Consultation and communication The safety officers and occupational physicians are the primary employee representatives. In addition, employees can also consult the safety expert or the Works Council to obtain information. Important information is regularly communicated on the intranet, via managers and via the information boards in the respective areas. In order to ensure, for example, that safety-related topics can be communicated quickly to the workforce in the production areas, digital screens were installed right by the entrances and an employee app was launched to deliver information in real time. Another important tool for passing on information is the health and safety committee 1, in which the safety officers and Works Council represen- tatives receive an update every year. The committee also provides a forum for discussion on occupational safety and health protection. STATUS QUO The key relevant figures on occupational safety and health for employees are continuously tracked and, if necessary, appropriate measures are identified, or processes are adapted or implemented. 1 Healthy work - Occupational Safety Committee (ASA): https://www.gesundearbeit.at/cms/V02/V02_1.8.a/1342537038055/arbeitnehmerinnenschutz/zustaendige-personen/arbeitsschutzausschuss-asa

Sustainability Report_2022 3. TR AINING AND FURTHER EDUCATION CONCEP T AND OBJECTIVE virtual reality, which are currently still in the planning stage. The PIERER Mobility Group takes the approach of enabling current employees to develop their career within the company and engage in lifelong learning by undertaking further training and education. This makes employees more satisfied and more likely to remain loyal to the company, while at the same time they are ensuring the company’s success as valuable knowledge holders and experts. Structured personnel management along with the constant pursuit of personnel development programs are designed to prevent the unwanted departure of employees from the company. A shortage of skilled workers in the group is also being addressed with a comprehensive apprentice training program in our own apprentice workshop. In production will be used a qualification matrix to map employees' capability for work. In addition, this matrix is used to continuously determine the employees' qualification requirements and to plan further training accordingly. Apprentice training is a key aspect of the human resources strategy for ensuring the next generation of skilled workers. This is because employees who have been trained in a targeted way with a focus on specific skills make a significant contribution to the success of the company. This has laid the foundation for increasing the number of apprentices even more in the future and offering new apprenti- ceships. Effective management is another vital factor for achieving the corporate objectives successfully. This is why the company offers special training courses for new managers when they join the company or take up a management role. The course priorities are continuously adapted to suit the annual needs assessment. With future-proof training models, this will safeguard the next generation of skilled workers and managers and contribute to the education on offer locally. In particular, the PIERER Mobility Group increasingly relies on online training to deliver education and training for its employees that is flexible in terms of when and where it is provided. In 2022, 88 different courses were offered online. The courses on offer, which are continuously being adapted and expanded, can be found on the “KTM_academy training portal”. The aim is to link all parts of the group around the world to the learning management system in 2023. In addition to the desktop system, the mobile app makes the training and education opportunities that are on offer even more accessible to employees – here too the intention is to gradually expand access to all employees in 2023. The group promotes the transfer of knowledge within the company through its own experts (“train the trainer”). This is also the reason why it is constantly striving to secure the fourth pillar of its success, “the employees,” by expanding the amount of training and education available. In the future, e-learning classrooms and terminals will be just as much a part of the modern training concept as training technologies that embrace augmented and People Development & Digital Learning The People Development & Digital Learning department can be divided up into two areas: KTM_Academy and Production Academy. Both areas offer training face-to-face or in different online formats (e-learning, webinar, videos, etc.). The focus of the KTM_Academy is on providing training and further education for employees. This is divided into the following four areas: Education, Expert Know-How, Leadership & Management, and Toolbox. • Education: Support either financially or in the form of paid leave to undertake in-service training (foreman, degree, coaching, etc.) as well as part-time educational leave or leave of absence. • Expert Know-How: Subject-specific training for individual areas or professional groups, such as negotiation training for buyers, requirements engineering for R&D or payroll accountant course for HR employees • Leadership & Management: Basic management training for all new managers as well as in-depth training on various aspects of management, a dedicated MBA course, project management • Toolbox: Training catalog for all employees on general further education topics such as online language courses, communication and presentation training, general briefings, onboarding programs, etc. The focus of the Production Academy is on providing training and further education for production employees. In the dedicated training center which has been established, new employees receive specific onboarding training, including safety briefings, a company presentation, motorcycle knowledge and technical training. Existing employees also receive training at individual practice stations on the assembly processes (screwdriving equipment, cables & connectors, etc.). A wide variety of further training courses are offered in the Learning Center, including German courses or management training. Innovations such as augmented reality are used to teach specific learning content. ME ASURES AND FURTHER E XPL ANATIONS KTM_Insights To make the broad expertise within the group available to more employees, the “KTM_Insights” training campaign was launched in 2022. This further training initiative conveys knowledge about different areas of the company such as specialist expertise, processes, software or programs. The idea is that the knowledge holders, known as KTM_Experts, complete an internal “Train the Trainer” course over two days which then enables them to design their own training courses. The first ten KTM_Experts were trained

Sustainability Report_2022 are not only trained for the profession they are aspiring to work in, but they also receive additional education, including office training and training courses in metalworking and automotive fields offered by external partners. 25 % also complete their apprenticeship with a secondary school leaving certificate. The most sought-after area is automotive engineering, in which 39 % of technical apprentices are currently being trained, followed by metal technology (37 %). Around a quarter of the apprentices have a training place in the commercial sector and 3 % in the Dual Academy. Once they complete their apprenticeship, almost all apprentices remain with the company, whether it is in research & development, motorsport or in production. And it is not just local young people who can consider the option of an apprenticeship at KTM, because the company offers free accommodation with educational support. In the year under review, 42 apprentices received this support. In 2022, 53 employees who had completed training were integrated into various specialized areas at KTM AG. Of these, around 80 % passed their final exams with a grade of excellent or very good. Opening of apprentice workshop The training center for apprentices was rebuilt at the main site in Mattighofen. Since 2019 2.5 million euros were invested in the modern training infrastructure covering an area of 3,000 m2. The invitation to attend the opening of the apprentice workshop in September 2022 was accepted by over 300 interested parties, including numerous figures from the worlds of business, politics and education. Investment in a pneumatics-electronics laboratory, a new programming room for CNC, and design encompassing 3D printing has transformed the new apprentice workshop into a training center with superb technological equipment. In addition, the automotive workstations have been expanded and all the machinery has been added to. The apprentice workshop has capacity for a total of 230 apprentices – in the years ahead the stated aim is also to increase the number of apprentices here from the current level of around 200. Dual Academy: Training after acquiring the secondary school leaving certificate The Austria Dual Academy 1, a training innovation, offers the possibility of practical training in a wide range of different areas, specifically for secondary school leavers, students and career changers. In a maximum of three years, the theoretical knowledge 1 Further information is available at https://www.dualeakademie.at/ 2 CODERS.BAY is a training facility for future programmers and network engineers. which has already been acquired is linked to practical experience in the company. The know-how that is acquired is combined in the department-specific project. In 2022, KTM AG trained a total of six dual graduates in two professions (1 in operational logistics, 5 in automotive engineering with the main module being motorcycle engineering). Avocodo GmbH, in cooperation with CODERS.BAY 2 in Linz, also makes use of the Dual Academy’s training concept, as well as the Job-Related Qualification Scheme (AQUA), funded by the Upper Austrian Labor Market Service and the state of Upper Austria. This enabled the company to recruit three new apprentices for the “Application development – Coding” and “System technology” division. Visitor events To give interested parties an insight into KTM's apprenticeship training, several events were organized last year. During the Long Night of Apprenticeship, which was attended by several companies as well as schools from Austria's Innviertel region, over 40 families were offered an exclusive guided tour. On two Fridays in March 2022, the Open Apprentice Workshop Days were held and were completely booked out with over 300 visitors. As part of its cooperation with schools, the company was also visited by 19 classes. Employees were able to excite and enthuse them about the prospect of becoming apprentices. International Skilled Workers Exchange In cooperation with the IFA (International Skilled Workers Exchange) organization, commercial and technical apprentices have the opportunity to spend time abroad in Europe. They use their expertise at a local level to support small businesses and can improve their linguistic as well as social skills in the process. In 2022, ten apprentices took part in the International Skilled Workers Exchange and each spent four to six weeks abroad. Training support If employees demonstrate special performance and a high level of self-motivation, the group helps them to complete a degree or training as a foreman alongside their job. This is done by covering the costs, but also by granting special leave, time off to prepare for exams, or traditional part-time educational leave. The prerequisite for this is that the chosen subject is related to their current position or possible positions within the group. In 2022, 24 employees from various divisions of the company took advantage of this.

Sustainability Report_2022 4. DIVERSIT Y AND EQUAL OPPORTUNITIES CONCEP T AND OBJECTIVE The PIERER Mobility Group regards it as particularly important for all employees to be treated with fairness and respect. This creates a working climate in which people with different worldviews, cultures, lifestyles, personal backgrounds and knowledge are valued. The aim is to promote social justice while combating and preventing discrimi- nation and inequality. This approach is also reflected in fair pay and uniform working standards in order to avoid the risk of unequal treatment. In its diversity and anti-discrimination policy, PIERER Mobility has defined how it aims to encourage diversity within the group and how it prevents, detects and responds to all forms of discrimination and harassment. This policy is binding for all group employees and can be found on the intranet as well as on the company website 1. The number of women in the group has risen by approx. 10.6 % since 2018. The group aims to make employment in an industrial company more attractive to female workers, and to encourage even more women to take up technical professions, which will be even more sought-after in the future. For example, it aims to further increase the number of female employees, especially in production and production-related areas in the coming years. As an international group, it values the diversity that is reflected in the origin, culture, language, and ideas of its employees. The responsibility to drive initiatives to promote diversity rests with the Head of Human Resources. In the reporting year, employees from 68 nationalities were employed in the group. In terms of the age of its employees, PIERER Mobility is a young, dynamic company with a global average age of 36.8 years. that needs to be followed upon arrival in Austria helpful tips for each specific region. Specific attempts are made to recruit a diverse range of talent through partnerships and presentations at international universities and by offering internships. Skilled staff and managers are sent abroad to ensure that knowledge and experience are exchanged. They also help to establish new sites abroad and in some cases are employed there on a permanent basis. In addition, measures are actively being taken to promote integration at all levels. To support this, a defined number of jobs are given to individuals with physical and/or mental disabilities. A structured process is also being introduced in close coordination with the “Health & Safety” department to better integrate employees with disabilities into company departments. As of December 31, 2022, a total of 54 people with disabilities (measured by a degree of disability reported of over 50 %) were employed in the PIERER Mobility Group. Flexible working arrangements Increasingly flexible ways of working (part-time positions, home office and flexible working hours) should also make it possible in the future to achieve an improved work/life balance and to therefore return to work and remain with the company over the long term. In the reporting period, a total of 120 employees resumed work at the PIERER Mobility Group after taking parental leave (due to education or birth) (of which around 36 % were women). The rate of return was around 96 % in the last year. Thanks to the flexitime agreement, employees also have the opportunity to arrange their working hours to suit their current life situation and to make their jobs compatible with the needs of their family. ME ASURES AND FURTHER E XPL ANATIONS Childcare Integration of international employees and people with disabilities To promote and support the integration of international employees, KTM cooperates with the Lebensraum Innviertel initiative and KTM Technologies GmbH cooperates with Innovation Salzburg GmbH. As part of these cooperation arrangements, information and networking events are offered on an ongoing basis explicitly for them in order to help them to integrate in the region and they also receive support with aspects of daily life. They are given a pocket guide which includes, for example, legal and tax information, typical Austrian customs, useful information about the health and social system and suggested leisure activities. Every international employee also receives the company's welcome booklet with further information To support working parents, 25 childcare places are available in the company crèches in Munderfing and Mattighofen for children of KTM employees who are between one and three years of age. Due to heavy demand, there are plans to open another company crèche in Mattighofen with another 12 childcare places from the fall of 2023. Employees are therefore able to have their young children cared for by a qualified team of educators during working hours from Monday to Friday in exchange for a very minimal contribution to costs. In addition, free childcare has also been offered during the summer holidays since 2021. From 2023, expansion of the provision from three to five weeks of childcare in July/August in planned. As part of the childcare provided during the summer break, the company 1 See current version at https://www.pierermobility.com/wp-content/uploads/2022/11/Diversity-and-Anti-Discrimination-Policy_2022_PIERER-Mobility-AG.pdf

Sustainability Report_2022 5. EMPLOYEE RIGHTS AND WORKING CONDITIONS CONCEP T AND OBJECTIVE Works Council PIERER Mobility's approach is to provide fair, employee-friendly working conditions for its employees. This includes appropriate remuneration and stable working conditions, as well as appreciating the employees and providing regular, open and up-to-date communications between the company and its employees. This also boosts the level of commitment and satisfaction in the workforce. Compliance with legally regulated employee rights must be ensured in all aspects of the company's work. Examples of such rights include freedom of association and organized wage negotiations. PIERER Mobility is committed to complying with the provisions of the applicable national and international laws, regulations and guidelines: further information can be found in the "Explanatory Notes on the Implementation of the Provisions of the Core Labour Standards of the International Labour Organization (ILO) in Austria and the PIERER Mobility Group" 1. The Works Council ensures the protection and promotion of employees' interests in the company. In the PIERER Mobility Group, the Works Council of KTM AG, the Works Council of KTM Forschungs & Entwicklungs GmbH and the Works Council of KTM Components GmbH represent the workforce at the sites in Mattighofen, Munderfing and Schalchen/Austria. The Works Council currently consists of 41 employee representatives, two of whom are members of the Supervisory Board of KTM AG 2, and another two of whom are members of the Supervisory Board of KTM Components GmbH. The Works Council is actively notified about current developments in the company and involved in decisions. In addition to electing the Works Council, works meetings can also be held for the purpose of informing employees, for example, about ongoing collective bargaining or other important operational issues (“freedom of association”). ME ASURES AND FURTHER E XPL ANATIONS Cost-of-living bonus Workplace standard and pay Around 98 % of the employees in the PIERER Mobility Group are subject to collective bargaining agreements. All job advertisements are posted with the minimum salary, which can be increased according to suitability and experience. This ensures that every applicant is aware in advance of the minimum salary for the advertised position. The company awarded its employees 3 a voluntary cost-of-living bonus to provide financial support for the 2022 financial year in response to the increase in energy costs, higher food prices and other costs of living. The bonus amount is EUR 3,000 for full-time employees and EUR 1,500 for apprentices. This one-time benefit is exempt from social security contributions and also exempt from wage tax for people who are liable to pay tax in Austria, and was paid to 4,311 employees on January 31, 2022. 1 See current version at https://www.pierermobility.com/wp-content/uploads/2022/11/Explanations-on-core-labor-standards_2022_PIERER-Mobility-AG.pdf 2 See under https://ktmgroup.com/en/company/aufsichtsrat/ 3 These are employees with a valid Austrian service contract with KTM AG and its subsidiaries as well as Avocodo GmbH and PIERER Innovation GmbH. This excludes freelancers, employees in partial retirement, interns and diploma students as well as employees with an individual bonus agreement with a group share.

Sustainability Report_2022 KTM E-Pilen © KTM Sustainable Mobility One of the key pillars of the sustainability strategy is the decarboni- zation of transport. The PIERER Mobility Group endeavors to provide drive solutions for PTW that champion this approach, independently of binding legal requirements and comparative figures. At the level of KTM AG as an ACEM member, the group therefore shares its strategy for decarbonization 1, which is aligned with the objectives of the European Green Deal and the Climate Change Act, as well as the Sustainable and Smart Mobility Strategy of the European Commission. The industry goal, which is based on the concept of “Right Vehicle, Right Place, Right Energy Carrier,” is to consider and cater for all areas of application for motorcycles by adopting a technology-neutral approach. Targeted use of different drive technologies and energy carriers makes it possible to contribute to ecological goals such as the ultimate goal of achieving carbon neutrality in the transport sector. In urban environments that feature medium speeds and short distances, road vehicles up to 11 kW (15 hp) will also become established with e-drive trains (48 volts). By 2024, three electric platforms will be introduced for entry-level vehicles, some of which may even be ridden without a motorcycle license. By 2030, at least a third of group sales will be generated with electrified two-wheelers. In market segments that are difficult to electrify, other solutions based on the combustion engine will also be vital. To be able to continue to operate dynamically in the premium vehicle segments with higher performance and range requirements (sports and leisure motorcycles), electrification with current battery technology is not a viable alternative for the mass market – apart from for a few niche products. In the high-performance segments, the focus of development work will therefore be on making further improvements to the combustion engine (e.g., reducing CO2 and noise) and using and ensuring compatibility with synthetic fuels (e-fuels). In MotoGP, blended fuels will be used from 2024. Blending involves mixing conventional fuel with e-fuels. From 2027, 100 % of the fuels used in motorsport will be synthetic fuels. The transfer of technology within the group is very important. The innovations and experience gained from racing have long been the foundation on which the series applications of PIERER Mobility’s motorcycles have been based. This means that gradual introduction of e-fuels and therefore gradual decarbonization of the entire vehicle fleet will also be feasible for production motorcycles. All combustion engines are capable of using CO2-neutral fuels. In principle, this also means that no interven- tions in the engine mechanics and application will be required. In the ESG action area “Sustainable Mobility”, the measures and goals focus on the key topics as follows: • Innovations from in-house research and development • Impacts of the product design/end of life on the climate and environment • Impacts of using the product on the climate and environment • Product quality and user safety The general managers/divisional heads of the respective business units/divisions in R&D (homologation, powertrain, ePowerpack, eDrive, ...), product management, customer service and PIERER Innovation are responsible for drawing up the measures and achieving the targets in this ESG area of action. The overview of topics can be found in the “ESG Program” table starting on page 105. More detailed information about our contribution to achieving the global Sustainable Development Goals (SDGs) is summarized on pages 108-111. 1 Decarbonization strategy for Powered Two-Wheelers (PTWs) by 2050: https://www.pierermobility.com/wp-content/uploads/2021/10/ACEM_Position_Paper_2021_Decarbonisation_V7.pdf

Sustainability Report_2022 Functional lightweight construction I Targeted use of materials When it comes to the development and prototype production of lightweight, highly efficient and economical solutions for new vehicles and their components, KTM Technologies GmbH is one of the experts in functional lightweight construction. What makes it successful is that it can handle the entire product development process from technology and component development, structure and process simulation, and life cycle assessments through to industrialization. The company also has a very high level of expertise in the development and production of composite and 3D-printed components made from a wide range of different plastics, as well as combining them to make hybrid components. Due to the growing need for energy savings and sustainability, lightweight construction is coming into even sharper focus. Economical lightweight construction is also an important building block for manufacturing the most efficient e-vehicles possible that deliver impressive driving dynamics. To meet these requirements, the focus is on making the most targeted use of materials, based on the motto of “the right material in the right place”. With these premises in mind, KTM Technologies is creating future-proof product solutions that not only make the best possible use of material properties, but are also designed to be one step ahead. Future challenges at an ecological and economic level (key focus on life cycle assessment and material availability) are already being incorporated into the development process today. The technologies that are needed for this originate from in-house development, among other places. The latest success story from KTM Technologies is a hybrid brake disc guard manufactured using the internally developed and patented CONEXUS technology, which enables different materials to be bonded together without an additional joining process such as gluing or screwing. This saves not just costly processes, but also resources. Targeted use of the individual material partners allows their characteristic profiles to be exploited to the full. The first series components are already available as accessories for all full-size MX and Enduro models of the KTM, Husqvarna and GASGAS brands and will also become a fixed component of selected vehicle models from the beginning of 2023. The second product, manufactured with the same technology, is a hybrid engine guard which will also go on sale at the beginning of next year. The two series components feature composite inserts with an attractive carbon design which are functionalized with an impact-resistant plastic. The CONEXUS technology not only enables the materials to be bonded, but also allows the used materials to be separated easily and by type. This allows the best possible end-of-life scenario to be achieved for the material in question. To illustrate the full potential of CONEXUS technology, the brake disc guard was used as the basis for developing a demonstrator which addresses all aspects of sustainability. By using flax fibers instead of carbon fibers and a bio-based plastic, the carbon footprint for the materials used has been reduced by almost 70 %. The ease with which the material partners used can be separated means that, for example, the plastic used can be recycled and fed back into the process. The component and the technology behind it won the JEC Composites Innovation Award, the highest accolade in the composites industry, in Paris earlier this year. In addition, the component winning first place in the “Body Exterior”category at Automotive Night, which is organized by the Society of Plastic Engineers. In order to be able to test the developments under realistic conditions, fully functional prototypes are built in the company's own workshops. Optimum conditions for doing this have been created in the new building and the provision of professional equipment in terms of test stands, measuring technology and analysis tools has been expanded further. This is where prototypes can be fine-tuned, tested and validated in-house in all phases of development. This is a great advantage, especially for the fast, safe and qualitatively flawless development of sophisticated and high-performance electric vehicles. Participating in a range of further projects across the group to reduce the carbon footprint and to comprehensively analyze the environmental impact of our products are just as much a part of KTM Technologies GmbH’s work in 2022 as targeted expansion of know-how with a focus on lightweight construction, plastics, 3D printing and new mobility. Eco coaching as a tool for sustainable use The “EMotion” sponsored project 1, which will result in the development of a new low-cost, energy-efficient, convenient and lightweight electric two-wheeler platform, also addresses the issue of sustainability. Taking the form of an eco-design validation, a life cycle assessment (LCA 2) was carried out jointly with the company Daxner & Merl in order to identify and subsequently optimize areas of potential for reducing CO2. In this process, both the production and use phase and the end-of-life phase were considered to establish a full picture. The results show that the electronic components, and in particular the batteries and the drive, offer the greatest potential for improvement. A simulation-driven lightweight design strategy, which is already used in production projects, has already brought the structural components close to their optimum level. 1 Further information about the Emotion project can be found at https://www.ait.ac.at/themen/propulsion-technologies/projects/emotion/ 2 Life cycle assessment

Sustainability Report_2022 7. IMPACTS OF THE PRODUCT DESIGN/END OF LIFE ON THE CLIMATE AND ENVIRONMENT CONCEP T AND OBJECTIVE The PIERER Mobility Group endeavors to consider the impact of its products on the climate and environment at the design stage and throughout their life cycle. This allows it to create more durable, easily repairable products that can be broken down into reusable or recyclable parts and materials at the end of their useful life. It also seeks to focus at this early stage on more sustainable materials (e.g., recycled metal, more energy-efficient fabrics, natural fibers, materials from socially acceptable sources) that can be used instead of conventional ones (e.g., CO2-intensive primary aluminum). The company has an established working relationship with a renowned recycling company to ensure that batteries are disposed of in accordance with EU regulations. ME ASURES AND FURTHER E XPL ANATIONS Life cycle assessment as a basis for evaluation (Innovation Steering Committee – ISK Sustainable Engineering) In order to know the environmental impact of the products and lay the foundation for more sustainable development right at the start of development, the methods and tools used in the life cycle assessment have been raised to the next level. Determining the carbon footprint of the materials used represents an important step toward delivering a complete life cycle assessment of components and, subsequently, of complete vehicles. Since mid-2022, Sphera’s GaBi software, which is the leading choice of software in the field of life cycle assessments, has been used in this context. This means that in the future, in addition to the carbon footprint, it will also be possible to evaluate other relevant impact categories. These forward-looking tools, combined with the expertise and experience of the KTM Technologies GmbH team, will make it possible to develop more holistically sustainable products and solutions. Distribution of materials in motorcycles and (e-)bicycles The graphs reflect the breakdown of the materials used in KTM AG motorcycles and (e-)bicycles. The basis for the calculation is data on representative vehicles from all production areas. The weighting results from the materials used for each model listed. Other materials 7.9 kg Thermoplastics 11 kg Textiles 0.4 kg Elastomere (e.g. tires, gaskets) 10.4 kg Non-ferrous metals (including aluminium) 27.6 kg Steel & iron 46.5 kg Other materials 14 kg Thermoplastics 18 kg Textiles 0.4 kg Elastomere (e.g. tires, gaskets) 11.4 kg Non-ferrous metals (including aluminium) 43.8 kg Steel & iron 81.4 kg Other materials 5.1 kg Thermoplastics 0.9 kg Elastomere (e.g. tires, gaskets) 2.5 kg Non-ferrous metals (including aluminium) 13.8 kg Steel & iron 5.00 kg motorcycle construction: Enduro 350 EXC-F MY 2023 weight in ready-to-ride condition (excl. fuel) around 104 kg motorcycle construction: KTM 890 DUKE MY 2022 weight in ready-to-ride condition (excl. fuel) around 169 kg bicycle construction: GT2 SE MY 2023 total weight around 27 kg

Sustainability Report_2022 8. IMPACTS OF USING THE PRODUCT ON THE CLIMATE AND ENVIRONMENT CONCEP T AND OBJECTIVE Future developments in emissions testing The use of PIERER Mobility’s products entails significant environ- mental impacts caused by, among other things, the exhaust and noise emissions that are associated with combustion engines. We therefore aim to minimize the impacts of the products on the climate and environment in the use phase and develop or offer sustainable technologies to tackle this issue. Impacts may arise, for example, from the production and combustion of fossil fuel (CO2 emissions, environmental damage from oil production) and the emission of other pollutants (air pollution, soil contamination from leaking substances, noise). The goal is to market products that always meet the latest environmental standards or are environmentally sound along their whole product life cycle and at the same time also offer a high level of additional benefit to the customer (individual mobility). Especially at the current time, with a pandemic and energy crisis, many people want the option to be mobile in a way that is independent and ecologically tenable. ME ASURES AND FURTHER E XPL ANATIONS The regulation on the type approval of vehicles in category “L” (Regulation (EU) 168/2013) stipulates that vehicle types approved for the first time after January 1, 2024 must comply with the “Euro 5” requirements. From January 1, 2025, all vehicle types must comply with these requirements. The main aspects of the “Euro 5+” specifi- cations include the extended functional scope of the OBD-2 system, adjustments to the proof of the durability of emission-reducing devices and a reduction in the exhaust gas limits for Enduro and Trial motorcycles. From September 2023, the extended RD-ASEP noise measurement procedures of UNECE R41-05 must also be applied to new vehicle types. Activities in the field of vehicles with combustion engines Activities in 2022 focused on completing the development work on the extended OBD-2 requirements and reducing the exhaust emissions of Enduro and Trial motorcycles in order to be able to type-approve all new models in accordance with the “Euro 5+” requirements by December 30, 2023, and all existing models by the deadline of December 30, 2024. In relation to noise emissions, the development work on the extended RD-ASEP test conditions was largely completed. To do this, extensive series of measurements were carried out both on the noise measurement track and in the acoustic laboratory, and the findings were fed back into vehicle and powertrain development (exhaust/silencer system, engine application) in order to comply with the corresponding requirements of UNECE R41-05 for type approval for new vehicle models from September 2023. The discussions surrounding exhaust emissions in real-world driving, which have mainly focused on passenger car manufac- turers, could have an impact on future exhaust emission regulations for motorcycles. So far, however, no corresponding changes to the type-approval regulations for class L vehicles (light 2, 3 and 4-wheeled vehicles) have been proposed by the legislator. This means that real driving emission tests (also known as RDE tests) are not mandatory for class L vehicles. In addition, there are currently no suitable RDE measurement systems for motorcycles. The so-called PEMS (Portable Emission Measurement Systems) are currently being examined and will eventually have to be developed further for use on motorcycles as well. In the reporting year, a professorship in “Acoustics and Noise Development Research” was established at the Technical University of Graz/Austria and is also being funded by KTM. The aim is to define the topics for the research projects and drive them forward in cooperation with the supporters. The plan is that specific projects will be defined and commissioned in the second half of 2023. Activities in the field of vehicles with electric powertrains Since 2014, KTM AG’s product range has included one such product, namely the purely electrically powered KTM FREERIDE E-XC. Since the FREERIDE E-XC was launched on the market, the company has been a pioneer in the light e-mobility segment. Thanks to a new generation of battery cells, it has been possible to increase the range here by 50 % in recent years. With the KTM SX-E 5, HUSQVARNA EE 5 and GASGAS MC-E 5 models, electric competition motorcycles for children have been successfully put into production and launched on the market. In the past reporting year, the product family has been expanded to include more models with reduced power and battery capacity in the form of the KTM SX-E 3, HUSQVARNA EE 3, and GASGAS MC-E 3. Equipped with a manually operated front and rear brake, these form the basis for children to learn motorcycle riding techniques very easily. The product range also includes the electric balance bikes. These are electrically powered bikes with a wide range of uses and great versatility, designed to provide an entry-level platform for the youngest bikers.

Sustainability Report_2022 9. PRODUCT QUALIT Y AND USER SAFE T Y CONCEP T AND OBJECTIVE Developments in motorcycle and rider safety PIERER Mobility AG has set itself the goal of manufacturing extremely safe, high-quality products and keeping the recall rate at a low level. A higher level of quality enables products to be used reliably for longer. The electric motors and combustion engines are key components of its motorcycles and are developed and produced by the group. They guarantee the identity of the products of the KTM, Husqvarna Motorcycles and GASGAS brands. One example of the quality assurance measures is the introduction of testing facilities for the Euro 5 emissions standard, which ensures that all relevant components in the production process are completely leaktight. The company's mission is to reduce the number of avoidable motorcycle accidents to a technically feasible minimum by using rider assistance systems, among other things. In particular, PIERER Mobility incorporates the motorsport division with the rider teams as well as other relevant stakeholder groups in the testing and validation process to ensure the best possible overall result for users. The group has a global service network of approx. 3,500 (with India approx. 4,400) specialist motorcycle workshops to meet the high demands placed on the quality of our products. These meet defined quality standards regarding infrastructure, equipment with special tools and training. The skilled engineers in the workshops receive training using the “train-the-trainer” principle from the company's headquarters by means of face-to-face training sessions over several weeks, a self-study e-academy, mobile learning modules and live webinars. ME ASURES AND FURTHER E XPL ANATIONS Recalls The health and safety of customers/users always have top priority across all product areas of PIERER Mobility AG. In the reporting period, despite the significant increase in sales figures and expansions of models, the recall rate was just five recalls. This validates the strict requirements along our value chain and demonstrates the high quality of the products of all brands, including all measures in the area of market monitoring. Further information on recalls can be found on product websites 1. As an additional safety feature, every KTM, Husqvarna & GASGAS owner can find out under Service and Safety Check 2 whether there is a recall on their vehicle (vehicle identification number and delivery certificate required). The research and development department of KTM AG is heavily committed to ensuring the safety of its customers and works on future-oriented solutions. For example, the “vehicle-to-vehicle (V2V) communication” offers great potential for avoiding accidents. Progress was made this year in coordination with highway infrastructure and also in implementing prototypes with the necessary level of security. CMC ‘Next’ KTM continues to assist as a core member of CMC (Connected Motorcycle Consortium) in analyzing accident scenarios and avoiding them through wireless communication. This will also serve to prepare a presentation of the results in 2023. Relevant use cases for avoiding an accident are set to be highlighted in collaboration with international motorcycle and car manufacturers. Warnings In line with its commitment to detect critical situations in good time, KTM is working on acoustic warnings that are designed to enable the rider to react in good time. New findings on how perceptible acoustic signals are were drawn up in cooperation with the University of Dresden. The results of this work will go into series production with the next generation of products. In addition to the acoustic signals, work has also been done to explore possible ways of giving haptic feedback to the rider. Here, too, there are promising approaches that are perceived more readily than visual cues, despite the vibrations that are produced by the motorcycle. Emergency call number KTM has explored and evaluated a number of technical options for displaying an automatic or manual emergency call number on the motorcycle. The next step will be to implement this on a specific production model. This will incorporate the findings from the European eCall for passenger cars and the results from the “I-HeERO” and “sAFE” research projects that have already been completed and were funded by the European Commission. KTM was a partner in the two aforementioned research projects, and is still actively involved in the development of an EN standard for motorcycle-specific functions of an automatic eCall system. 1 https://www.ktm.com/en-int/service/Safety.html, https://www.husqvarna-motorcycles.com/en-do/service/safety-information.html and 2 See as an example: https://www.gasgas.com/de-de/service/service-and-safety-check.html https://www.gasgas.com/de-de/service/safety-information.html

Sustainability Report_2022 Supporting the used vehicle market The used vehicle market is heavily influenced by knowledge of the condition of vehicles and their components. Sellers want to communicate the good condition of the product and buyers want to validate the statements made about the condition of the product. The data accumulated over the lifetime of a vehicle can be used to support these processes. The Data Science & Business Modeling team is working on analyses and concepts of services that can help market players to create an increased level of trust in transactions and thus possibly prolong the use of vehicles or components. So far, no specific measures have been put in place as the team is still in the concept development phase. Training for 2-wheel mechanics Constantly new and ever more complex motorcycles with an increasing level of innovation, new technologies – such as e-mobility, connectivity, distance radar – additional brands and a growing number of sales partners all over the world pose great challenges when it comes to training and developing 2-wheel mechanics. The expansion of the training facilities in 2021 and an integrated learning concept (“blended learning system”) consisting of online and face-to-face units will enable new dealers to enter the KTM service world faster and learn about the basic technology. Following the relaxation of travel restrictions in 2022, face-to-face training was encouraged again. In the reporting year, a total of 81 (+21 % year-on-year) face-to-face training sessions took place, some of them simultaneously, with a total of 193 (+40 % year-on-year) days of training. No fewer than 467 (+190 % year-on-year) participants from 60 (+186 % year-on-year) countries received “hands-on” training on site. Following the digitalization project for bronze level training courses in 2021, the completion rate increased by 76 % with 1,741 new bronze level mechanics in 2022. The number of online training courses completed was 69,408 (+6 % year-on-year), with 4,848 users from 1,856 dealers. A number of efficiency and content improvement measures were implemented during the year, notably: • An AI avatar presents online technical training videos in five languages. The use of spoken language instead of subtitles allows the participant to focus on the content rather than the translation. The time required for the final production of a training video is reduced to just a few hours. • 3D animations are created in-house by the technical training department. Instead of many lines of text explaining complex concepts and technologies, the selective use of animations provides participants with a much better understanding of the learning content and shortens periods of learning. The continued integration of the bike division also relied on the proven processes and structures of the motorcycle model. The virtual communication platform “Dealer.net” (for vehicle and parts ordering, warranty processing, etc.) and the Global Support Center & Knowledge Database for international support have been extended to bikes. Training videos in five languages were rolled out for this purpose. Measuring dealer and workshop performance for main sales markets in Europe In 2021, the workshop evaluation was introduced as a requirement for the dealership to receive a bonus. This continued in the year under review and is an important management tool for ensuring the workshop quality of the dealership and therefore that customers are satisfied with the service they receive. The workshop evaluation focused on four different areas, all of which must be met: • Level of training and qualification of workshop technicians • Equipping of the workshop with special tools • Minimum fulfillment rate for two selected KPIs • Fulfillment of two individual targets defined by the respective colleagues responsible for the market for each specialist workshop The cornerstones of the workshop evaluation are six different KPIs from which workshop performance can be identified. Two KPIs were a prerequisite for a dealer bonus in 2022. This is an important management tool for identifying trends at an early stage and also for being able to measure any project successes. The KPIs cover the following priorities: • Service quality • Implementation of market campaigns • Customer retention Well-prepared support is the key to satisfied and above all loyal customers. Customer expectations have changed dramatically in recent years due to digitalization. To meet these expectations, customer service activities for all brands will continue to be expanded in 2023.

Environmentally Conscious Production As far as motorcycle manufacturing is concerned, the PIERER Mobility Group always attaches great importance to making efficient use of raw materials in a way that conserves resources, and sustainable handling of the resources used for the production process. Increases in efficiency in many areas, in addition to making the best possible use of raw materials – including returning them to the material cycle – therefore represent a particularly important aspect. An environmental management system certified by TÜV Süd forms the basis for coordinating, monitoring and documenting processes. The defined management processes are safeguarded via the existing internal audit processes. The group also strives to minimize impacts on the climate and environment in its procurement activities and logistics. The length of transport routes and the use of different means of transport (ship, plane, truck) play just as much of a role in planning as the quality of the efforts to protect the environment and climate made by our suppliers and logistics partners. In the ESG action area “Environmentally Conscious Production”, the measures and goals focus on the key topics as follows: • Impacts of procurement and logistics on the climate and environment • Impacts of production on the climate and environment • Waste management • Other climate and environmental impacts The departmental heads of quality/environment/property/waste management, procurement, logistics, KTM Components, engine plant and vehicle assembly are responsible for drawing up the measures and achieving the targets in this ESG area of action. The overview of topics can be found in the “ESG Program” table starting on page 105. More detailed information about our contribution to achieving the global Sustainable Development Goals (SDGs) is summarized on pages 106-108. Sustainability Report_2022 © KTM/Felix Steinreiber Productions © KTM

Sustainability Report_2022 Transport logistics PG&A shipping policy As of January 1, 2022, a new shipping policy was implemented for the Parts, Garments & Accessories (PG&A) business unit. The objective is to ensure reliable shipping logistics to reflect demand and to incentivize larger orders at intervals spaced more widely apart. This is intended to reduce the number of express consignments, which are often made by air, and at the same time reduce the amount of packaging material required and improve the way it is utilized. In addition, transparent and targeted spare parts stocking campaigns are planned by PG&A Sales. Focus on the regional supplier industry • The purchasing volume of components for the series production of motorcycles (in Mattighofen, Munderfing/Austria) was approx. 902 million euros in the 2022 financial year. Geographical breakdown: 24 % from Austria, 58 % from Austria/Germany/Italy and 80 % from Europe 1. • The bicycles are purchased fully assembled from a partner in Europe (approx. 53.3 %) and a partner in Asia (approx. 46.7 %). • In the 2022 financial year, the purchasing volume for indirect materials and services for the plants in Austria was approx. 121 million euros. The majority was procured within Austria: 69 % within Austria, 80 % within Austria/Germany/Italy and 98 % within Europe. Purchasing volume per continent (series purchasing): Europe 80 %, Asia 18 %, North America 2 % As part of ongoing processes to optimize transport logistics, the CO2 emissions of paid shipments were evaluated and the CO2 emissions of transport service providers were actively checked. A clear area identified as requiring action was to reduce the use of air freight, which contributes massively to the carbon footprint, with air freight only being used in exceptional cases and to avoid production stoppages. Data collection is currently only partially automated, so it is only possible to disclose the data from December 31 of the previous year. The process is currently under development. This will also be accompanied by a constant refinement of the data collected. For this reason, there may be some variations by the time of the next disclosure. The aim is to include the data from two consecutive years in the calculation of the footprint (Scope 3) once it has been collected. Indirect greenhouse gas emissions from inbound and outbound shipments thus amounted to around 30,000 metric tons of CO2 as of December 31 in the 2021 financial year (of which the majority of CO2 emissions are generated by flying (65 %), by truck (26 %) and by ship (9 %)) and are not currently included in the calculation of total emissions as of December 31, 2022. The consolidation of transport logistics for bicycles is also planned as a measure for the future – See further details in Chapter 11. under “Reduction of CO2 through production and logistics of (e-)bicycles in the EU”. Optimization in delivery logistics The planned clustering in terms of geography and time with higher volumes of motorcycle deliveries in Europe was only partially implemented. The objective was to actively save individual journeys by truck to dealers in metropolitan areas as well as to the major regions formed by the clustering. This means that the average number of bikes per delivery can be increased by 1.4 from 1.9 to 3.3, which delivers cost benefits as well as savings in logistics-related CO2 emissions. To ensure that freight space is used in the most efficient way and empty runs are avoided wherever possible, there is also constant analysis of where it makes sense to optimize shipments. In the past financial year, all of the consignments collected were placed in consolidated shipping containers in cooperation with KTM India as part of the further development of consolidated shipments. 1 As part of decisions on sourcing owing to supply chain problems there were temporary changes to the supplier structure. This is the reason for the difference compared to the previous year (2021: 90 %).

Sustainability Report_2022 11. IMPACTS OF PRODUCTION ON THE CLIMATE AND ENVIRONMENT CONCEP T AND OBJECTIVE Impacts of production on the climate and environment arise primarily from generating and using energy (especially electricity, gas, heat) for production activities, as well as from producing, storing and using other substances in production (for example, fuel at test benches, engine oil). Noise pollution and harmful substances released in the surrounding area from production activities are also included here. ME ASURES AND FURTHER E XPL ANATIONS The manufacture of preliminary products and finished products generates various waste materials that are recycled according to type. The materials to be recycled are aluminum, stainless steel and steel waste. These are handed over to a certified specialist waste management company in various quality grades. The efficient use of materials and the maximum possible utilization of raw materials, including their return to the material cycle, prevent unnecessary wastage of materials and also ensure that any waste which is produced is always disposed of properly. Emissions to the atmosphere (air, noise, vibrations) Direct emissions into the air occur to a small extent during operation of the test stands, from combustion in the gas-fired boilers, and from welding work in component production. Three fixed exhaust systems are currently operated in this area. A small amount of noise emissions and vibrations are caused by internal transport and the delivery and removal of products (forklifts and trucks). Hazardous substances management & REACH Regulation Before a new substance is procured, it must undergo an approval process. The required material can only be ordered once it has been checked and approved by the relevant people responsible from the areas of occupational safety, waste management, fire protection and occupational medicine. In general, an attempt is made wherever possible to minimize or even completely eliminate hazardous working materials and auxiliary materials in our production processes. This is why materials that pose no or only minimal hazards are tested and used right from the development stage. In addition, the focus in the financial year (and on into the early part of 2023) was on process optimization and introducing a database for hazardous materials management to make the system even more professional. The issue of hazardous substances in the production process is supported by safe chemical management. Since a wide variety of different substances and materials are used in the manufacture of motorcycles, the safe, conscious and sustainable handling and use of these substances is an important issue for the whole industry. This is why we, as an OEM, also support the objectives of the REACH Regulation: reducing possible risks and the potential impact on the environment when using chemicals, as well as improving the protection of human health. The International Material Data System (IMDS) database serves as a central tool for fulfilling our obligations in respect of the REACH Regulation and complying with restrictions on the use of chemicals in the global environment. We therefore require our suppliers to register and also record the chemical composition of all parts purchased by KTM in this central database. All ongoing processes for implementing the REACH Regulation and the international requirements governing the use of materials are constantly in focus. They are evaluated continuously so that we can comply with our obligations efficiently and also ensure we adopt a sustainable approach to this issue.” Reduction of CO2 through production and logistics of (e-) bicycles in the EU • CO2 reduction through long-term production and logistics planning in and for the regions for (e-)bicycles and the components required for them. Shifting production toward consumer markets, splitting production volumes between the main region of Asia and Europe. • The joint venture with Maxcom in Bulgaria offers opportunities to set up an assembly operation (start in 2024) in line with current sustainability and occupational safety criteria for more flexible assembly closer to the market in Europe in the future. This helps to reduce the outlay on transporting complete bicycles globally.

Sustainability Report_2022 © KTM Technologies 12. WASTE MANAGEMENT CONCEP T AND OBJECTIVE The PIERER Mobility Group handles the waste it produces in a legally correct manner, but it is always looking to improve its actions and design them to be eco-friendly. This includes the generation and handling (collection, separation, storage) of production waste, packaging waste and other types of waste. The aim, for example, is to minimize the amount of waste by adopting reusable solutions and reusing (such as reusable packaging and reusable racks) or recycling products. Waste that cannot be avoided should be properly collected, stored and prepared for external recycling. In this way, it contributes to the creation of a circular economy system that functions effectively. At the same time, the problem of raw materials being wasted can also be minimized. ME ASURES AND FURTHER E XPL ANATIONS Since ISO14001:2015 certification in summer 2021, waste management has improved continuously. Measures that have been implemented include the reintroduction of separate plastic collection, an improvement in waste paper collection in office areas, separate collection of PET bottles, better separation of raw materials, and improved labeling and assignment of hazardous waste. In order to achieve an even higher rate for separating the various waste fractions, an e-learning course on waste management was developed and every new production employee completes this course as part of their onboarding. The training is also available for all other employees to undertake on a voluntary basis. In addition, all existing production employees at foreman and shift leader level received training on this topic. E-learning course: Waste management In order to continue to raise awareness of how to act sustainably in the company, an e-learning course on waste management was introduced in 2022. In this interactive course, production employees get an insight into the correct approach to waste disposal and waste management in the company. 369 employees have been trained since the course started in June 2022. The course is voluntary for white-collar employees. This is why it is so pleasing to see the large number of such employees who have completed the course. The course is also an established part of onboarding training at the Production Academy. The course content is updated all the time to incorporate feedback from employees and respond to new requirements and improvements. A large part of the waste produced comes from certain product- specific steps during motorcycle production. This starts with the processing of engine cases (aluminum chips, drilling emulsion) and continues with the manufacture of exhaust systems (steel, oil-water mixtures, stainless steel) and vehicle frames (steel,

Sustainability Report_2022 KTM C-Facility Production © KTM 13. OTHER CLIMATE AND ENVIRONMENTAL IMPACTS CONCEP T AND OBJECTIVE ME ASURES AND FURTHER E XPL ANATIONS The PIERER Mobility Group also endeavors to record and minimize the impacts on the climate and environment from other operating activities beyond its production, procurement and the product itself. This includes CO2 emissions from business trips, the company vehicle fleet, the impact of producing and using energy (electricity, heat) for office buildings and infrastructure. The aim is to save fossil energies and also increase energy efficiency at the company’s sites indoors and outdoors (for example, by using LED lighting). Smart meters and corresponding IT-assisted monitoring will be used to monitor energy in a way that is easy to track. The production buildings in Austria are built in accordance with the specifications of OIB Guideline 6 (energy performance certificate for non-residential buildings, or energy performance certificate for other buildings). An energy performance certificate is only available for newer buildings from 2013 onward. There are currently no plans for any systematic replacement of existing heating systems. However, when major renovations or new construction projects take place, environmental aspects and applicable technical standards will be taken into account in examining, including from a financial point of view, what options are available for switching to alternative energy systems. The “Real Estate” department is responsible for legally compliant new construction/renovation of plants and buildings, project submission and approval procedures, the corresponding communication with authorities, and for conducting the recurring Section 82b audits. The head of the department reports directly to the Executive Board. All construction and renovation work complies with the applicable sustainability standards. In 2022, around 22 % of the passenger car fleet was electrified. • • In vehicle assembly, the switch to LED lighting has already been implemented. A full switchover is planned in the spare parts center by the end of 2023. • Three charging stations, each with two charging points, have now been installed at the R&D Competence Center in Anif near Salzburg. Sourcing and generating solar energy By installing new photovoltaic systems, we are increasing the use of solar energy, including for our own needs. Our goal is to keep the amount of power for the company's own consumption at a high level by constructing further installations. The construction of the photovoltaic installations on the roofs of Logistics Center 2 (approx. 4,100 kWPeak) and the motorsports building (approx. 320 kWPeak) has already been commissioned and is scheduled to take place in the course of 2023. The rooftop system on the motorsports building will start operating in the second quarter of 2023. Commissioning of another installation on the roof of Logistics Center 2 is planned for the end of 2023. Alongside the two photovoltaic projects, detailed design planning is underway for a 30kV energy ring that will link together five buildings (including the largest consumers, the KTM component plant and engine plant) at the Munderfing industrial park. The solar power produced by the two installations mentioned above can then be tapped and consumed by the five buildings as required. This will result in a rate of consumption for the company’s own needs of almost 80 %. The photovoltaic generator output amounts to approx. 4.4 million kilowatt hours annually (this is the amount of electricity used by approx. 1,000 households each year on average). The main works on the energy ring will be carried out during the company's operational shutdown in August 2023. Completion of the work and full commissioning are scheduled for the end of 2023. This should cover the company's high level of consumption for its own needs.

Sustainability Report_2022 Fair Business Practices The PIERER Mobility Group considers lawfulness, honesty, ethics, reliability, respect and trust to be the foundation and universal basis of any cooperation and good business relations. With these values in mind, the PIERER Mobility Group respects the applicable national and international laws, regulations and guidelines and expects its employees, managers and board members as well as business partners, suppliers, customers and consultants to respect and comply with the applicable laws as well. The Code of Conduct and policies of the PIERER Mobility Group are updated and revised annually to reflect developments in the market and the current legal framework. The latest versions of the compliance documents are published on the company website. In addition, employees are informed with an article on the intranet and a separate communication sent by e-mail. In the ESG action area “Fair Business Practices”, the measures and goals focus on the key topics as follows: The Code of Conduct 1 of the PIERER Mobility Group serves as the basis for achieving legal compliance. It sets out the principles and rules on which the PIERER Mobility Group bases its business activities. The Code of Conduct addresses relevant compliance risks and in particular defines the expectations for dealing with the topic areas which are outlined below: • Human rights, respect and integrity, diversity, fair working conditions • Sustainability • Environmental compliance • Fair competition, prohibition of cartels • Corruption, money laundering, funding of terrorism, export control, taxes and fiscal policy • Stakeholder relations • Conflicts of interest, handling company property, handling business and trade secrets, data protection, prohibition of insider trading, political activities • Impacts of procurement on people and human rights • Business & legal compliance • Data protection and cyber security • Fair and responsible product marketing • Impacts of business decisions and processes on people and human rights • Supply chain resilience The relevant divisional managers are responsible for drawing up the measures and achieving the targets in this ESG area of action. The overview of topics can be found in the “ESG Program” table starting on page 105. More detailed information about our contribution to achieving the global Sustainable Development Goals (SDGs) is summarized on page 110. 1 See current version at https://www.pierermobility.com/wp-content/uploads/2022/11/Code_of_Conduct_2022_PIERER-Mobility-AG_EN.pdf

Sustainability Report_2022 Since most of the challenge comes from the diversified supply chains and therefore the very place where scope for carrying out checks is rather limited, further concepts for supplier audits are to be developed in 2023. The aim is to collect standardized, data-based information so that the current status of supplier performance can be presented in cross-departmental meetings and the basis can be established for making decisions about suppliers and strategic development. In addition, potential supply problems as well as other risks should be identified at an early stage so that appropriate preventive measures can be defined. Quality award & supply chain finance program Suppliers with above-average performance are presented with a quality award once a year (KTM Supplier Excellence). The quality award is given to those suppliers that have supplied the PIERER Mobility Group in the last 12 months and have not been the cause of any complaints during this time. In addition, criteria covering the level of turnover, supplier assessment and the signing of the quality assurance agreement as well as purchasing terms and conditions must be fulfilled. Furthermore, there must be no justified objection from the quality and purchasing management. In 2022, a total of 50 suppliers received a quality award for the 2021 financial year. In addition, the financial situation of supply partners is assessed at regular intervals and product liability insurance is required. Above a certain purchasing volume, supply partners can be offered the opportunity to participate in the specially developed supply chain finance programs. These programs give supply partners a financing option with attractive terms. Sustainability rating At the beginning of the year, the ESG platform SupplierAssurance was launched and this provides a self-assessment questionnaire (SAQ) for assessing the sustainability of suppliers. Based on the information submitted, this should make it possible to identify and avoid risks at an early stage and – if necessary – take appropriate measures. After reviewing the data to ensure the minimum requirements of the PIERER Mobility Group are met and after making a corresponding rating, recommended actions are highlighted, providing scope for continuous improvement. The minimum requirements are based on the PIERER Mobility Group's own standards, in particular the Code of Conduct and guidelines on working conditions and human rights, occupational health and safety, the environment, business ethics and supplier management, which demonstrate that the suppliers take these issues seriously and how they do this. If the requirements are not met, a red status is assigned and corrective measures are jointly agreed. Currently, the focus is on collecting data and utilizing the platform. To date, 500 suppliers (Tier 1) have been informed about this process and 59.6 % of them have already completed the questionnaire. The goal for 2023 is therefore again to increase the percentage of series suppliers that are verified using SAQ to 80 %. Starting in January 2023, the process will be rolled out to all new suppliers that have not yet been included. The SAQ was updated to a new version at the end of 2022 to reflect the increased legal requirements, such as the German Supply Chain Duty of Care Act, as well as the increased level of attention paid to social and environmental impacts. For this reason, the PIERER Mobility Group will also review its own due diligence process and assessment in the coming financial year and make changes if necessary. To support the efforts to create a responsible supply chain, this project will also examine whether supply partners need to meet additional specific requirements according to their risk profiles, for example owing to increased social risks in the country of origin. In the 2022 reporting year, negative social and environmental impacts in the supply chain were evaluated as part of the sustainability rating. In 2022, the supply relationship with one series supplier was terminated because of its failure to disclose the necessary data. Starting in the first quarter of 2023, the results of the sustainability rating will be discussed with the supply partners and joint corrective measures will be defined. They will then be set as deadlines for the corresponding minimum requirements on the platform and reviewed during visits to suppliers on the basis of the results obtained. STATUS QUO The results of the SupplierAssurance self-assessment will be incorporated into the annual supplier rating in 2023. This is intended to safeguard the importance of sustainability and clearly demonstrate this to suppliers. This area will gradually be strengthened and also made more transparent by incorporating these aspects also into the way that suppliers are selected. In addition, the next step will be to define the process for preparing a checklist that focuses on these topics.

Sustainability Report_2022 Respect for human rights People who work directly or indirectly for the PIERER Mobility Group are entitled to have their human rights within the meaning of the UN Universal Declaration of Human Rights observed, and to be treated with fairness and respect. The PIERER Mobility Group expects its board members, managers and employees to respect human rights and to protect them in their everyday activities. As human rights risks may exist in general because the company cooperates with partners along the value chain, the PIERER Mobility Group equally requires its business partners, suppliers, customers and consultants to respect human rights in the Code of Conduct. The Declaration on Modern Slavery and Human Trafficking1 outlines the measures that the PIERER Mobility Group has taken or will take in the future to prevent modern slavery and human trafficking within the group and the supply chain. Like the Code of Conduct, the Declaration on Modern Slavery and Human Trafficking is also available on the intranet and on the website of PIERER Mobility AG. The PIERER Mobility Group does not accept any discriminatory behavior or bullying toward its employees, business partners, suppliers, customers or consultants, nor does it tolerate any form of sexual harassment. These principles are set out in detail in PIERER Mobility Group's Diversity and Anti-Discrimination Policy, which was revised during the year under review and is also available to read on the company website and on the intranet right across the company. The Diversity and Anti-Discrimination Policy provides a global framework that defines how diversity should be encouraged within the group and how the PIERER Mobility Group prevents, recognizes and responds to all forms of discrimination and harassment. Like the Code of Conduct and the Declaration on Modern Slavery and Human Trafficking, the Diversity and Anti-Discrimination Policy is also part of the e-learning “Compliance and Code of Conduct” and these documents are also handed out to new employees as part of the onboarding process. Board members, managers and employees have the opportunity to contact the person responsible for general compliance issues at any time if they have questions regarding respect for human rights or are aware of (suspected) violations of compliance regulations, as well as to report tip-offs about possible human rights violations in the company through the available channels – see also the explanations regarding the whistleblower system in the Declaration on Modern Slavery and Human Trafficking. In the 2022 financial year, the Code of Conduct of the PIERER Mobility Group was revised and published in the new version dated October 24th 2022. The applicability of the compliance documents was communicated via an article on the intranet and, in addition, 4,185 employees of the PIERER Mobility Group at all company sites around the world were informed by means of a separate e-mail; this equates to around 77 % of the entire workforce. An overview in table form can be found in the notes. PIERER Mobility Group's business partners are also required to comply with applicable laws, rules and regulations as well as the principles and requirements defined in the Code of Conduct. Our business partners receive the latest version of the Code of Conduct (October 24th 2022) at the time they enter into a contract with us. In addition, the PIERER Mobility Group’s Declaration on Modern Slavery and Human Trafficking is also sent as an attachment to the non-disclosure agreement. When this is signed, the minimum compliance standards mentioned therein become a legally binding part of the business relationships that the PIERER Mobility Group enters into with business partners, suppliers, customers and consultants. In the 2022 financial year, the Code of Conduct and the Declaration on Modern Slavery and Human Trafficking also became an integral part of the contracts with existing dealers and importers of the KTM AG Group. Respect for human rights is also very important to the PIERER Mobility Group when it comes to significant investment contracts. Over the coming years, the intention is that any new significant investment contracts shall therefore also gradually be made contingent on the principles of the Code of Conduct. Significant investment contracts include orders for investments in property, plant and equipment (including buildings and production facilities) that exceed an investment amount of EUR 300,000. In the 2022 financial year, a total of three orders were placed for production facilities that exceeded an investment amount of EUR 300,000. The relevant supply partners received the Code of Conduct together with the principles contained therein regarding respecting human rights, and for three of these relevant orders these are also an explicit part of the contract. Regarding investments in property, plant and equipment in the construction, conversion and extension of buildings, the PIERER Mobility Group did not place any significant orders during the reporting period. 1 https://www.pierermobility.com/wp-content/uploads/2022/11/Declaration-on-modern-slavery-and-human-trafficking_2022_PIERER-Mobility-AG.pdf

Sustainability Report_2022 16. DATA PROTECTION AND CYBER SECURIT Y DATA PROTECTION AND CYBER SECURIT Y The PIERER Mobility Group protects all the data it has at its disposal, in accordance with the relevant laws and regulations, and places cyber security right at the heart of the measures it takes. We receive, process and store large amounts of personal data, from employees, business partners, suppliers, customers and consultants, for example. Data leaks can cause great harm to those affected and even violate fundamental rights in the process. Cyber attacks from time to time are a constant threat and can cause serious damage to companies, which can have an impact on both the economic and social spheres. Within the PIERER Mobility Group, an IT security and risk management system is operated with the aim of making it possible to recognize and manage company-relevant risks in the area of information security. We pay particular attention to the data we process in the areas of research & development, vehicle and customer data, and personal data of our employees and applicants. We apply the same high-quality standards in the areas of data security and data protection as we do for our products. The process is guaranteed by a comprehensive data protection management system that is firmly established in the company. The process documents are available to employees on the intranet. The greatest risk for the group is a possible penalty imposed as a result of alleged data privacy breaches. The highest risk for the data subject is personal data being accessed by unauthorized third parties. A data protection management system that includes various data privacy policies and regulations can identify and prevent potential data privacy risks at an early stage. ME ASURES AND FURTHER E XPL ANATIONS Our legal department is in regular contact with a data protection lawyer to monitor all existing or new applications and to discuss possible adjustments. The ever-increasing threat of IT and cyber risks is countered within the PIERER Mobility Group through the ongoing development of IT security measures and the use of state-of-the-art IT security technologies. Cyber attacks are averted with a multi-level security concept that uses the latest security systems. Among other things, behavior-based security solutions are used to detect security-related anomalies. Client and server alarms are detected 24/7 by means of a managed service and dealt with using a set of responses. Regular internal and external vulnerability analyses are performed, and any vulnerabilities identified are countered by means of an established patch and update management process. Regular internal and external security audits are documented, evaluated and prioritized by means of risk management measures and a solution is then applied. Considering the increasing networking of vehicles and the resulting increase in the possibility of attacks on IT systems, the European Union has issued regulations that call for an improvement in cyber security. These regulations, which currently only apply to four-wheeled vehicles, require proof of cyber security for the entire life cycle of a vehicle in order to obtain type approval. It can be assumed that this regulation will also be introduced for powered two-wheelers (motorcycles, e-bikes) in the medium term. KTM implements a Cyber Security Management System (CSMS) in accordance with ISO/SAE 21434 so that it can meet the legal requirements when they come into force and guarantee the cyber security of its products. Following the CSMS audit by TÜV Süd Auto Service GmbH, the system will be adapted and then rolled out, operated and continuously improved. Care is taken to ensure that all users of the PIERER Mobility Group’s IT systems possess the requisite knowledge and awareness of how to use the IT systems to perform their role by undertaking regular IT security awareness training. This is carried out in a preventative and transparent way and takes place in all subsidiaries worldwide. All employees are required to attend an e-learning course for IT security awareness training once a year. In addition, a face2face awareness training campaign for all employees of KTM AG and subsidiaries ran until February 2022. In addition to the e-learning content, “security awareness training” will be conducted to make the end user aware of all relevant attack vectors. Besides presenting the correct behavioral approach, the training agenda also focuses on other topics such as new phishing and USB attack vectors, new password methodology and Windows authentication features, and phishing audit results. Extensive training was provided for employees at the Mattighofen and Munderfing sites in relation to the General Data Protection Regulation. The e-learning tool with a mandatory test for employees was rolled out further. In the 2022 financial year, 704 of the PIERER Mobility Group's employees working in Europe received online training, including 69 managers. In addition, a new awareness content platform with predefined awareness content was purchased, and this will provide content for new IT security awareness training content in the future. The aim is to make the training courses modern and interesting. In addition, this platform also includes Netflix awareness series which are made available to employees on the intranet. It has been shown that this new way of raising awareness is very well received and thus also creates a high level of awareness among employees. Furthermore, this platform offers a plugin for phishing email alerts in Outlook. This is across the board being tested and is still expected to be rolled in the third quarter 2023. The goal is to make it easier to report phishing incidents. Special training courses are planned for individual departments

Sustainability Report_2022 17. FAIR AND RESPONSIBLE PRODUCT MARKE TING CONCEP T AND OBJECTIVE The PIERER Mobility Group strives to market its products fairly and responsibly. In accordance with the applicable regulations, false or misleading marketing content is avoided to ensure that consumers are not deceived and fair competition is not distorted. All products are marketed in a transparent way and the relevant information is provided for the specific target groups. Marketing content is also designed in such a way that it does not encourage the product to be used in an undesirable way. ME ASURES AND FURTHER E XPL ANATIONS The PIERER Mobility Group is also committed in its marketing activities to comply with the ACEM Promotion & Advertising Guidelines 1 and the European Road Safety Principle. This principle includes the following topics: • Safety-related advertising content for powered two-wheelers: all riders and passengers shown in a riding position must always be wearing a certified helmet and be shown complying with the relevant road safety regulations. Where appropriate, the advertising must indicate that the images were taken on a race track or closed road with a professional rider. • Communicating safety-enhancing features. • Communicating dealer training programs: Developing training programs in conjunction with authorized dealers is another way to effectively and consistently highlight the importance of safe riding right across the market. • Media information: For all press presentations, manufacturers commit to inform and issue journalists with the ACEM Promotion & Advertising Guidelines. The PIERER Mobility Group has voluntarily committed to this principle since 2007, and ACEM verifies that this is being complied with through annual monitoring. In addition, the PIERER Mobility Group pledges to comply with the Federal Law against Unfair Competition 2, which prohibits, among other things, false and/or subjectively misinterpretable advertising statements, aggressive and misleading advertising. 18. IMPACTS OF BUSINESS DECISIONS AND PROCESSES ON PEOPLE AND HUMAN RIGHTS Companies should examine their business decisions and actions to identify any potential negative impacts on people and human rights and avoid them. Possible impacts may arise, for example, from decisions on where to locate sites (e.g., critical countries with regard to human rights issues), investments (business partners that have violated human rights) or processes (e.g., discrimination in the selection of business partners). Companies should strictly avoid any child labor, forced labor or modern slavery. This topic was added as part of the reorganization of the ESG topics that took place in 2022. One of the reasons for this is the increasing trends at national and international levels (e.g., European Union) toward making binding requirements for due diligence in respecting human rights when engaging in any business activities. No measures or concepts that can be explicitly attributed to this topic were implemented during the reporting year. Considerations as part of the materiality analysis also revealed that the topic is currently only of moderate importance for PIERER Mobility AG in respect of the stakeholder groups surveyed as well as the impact assessment. In principle, business decisions and processes are covered by the requirements of the relevant company policies mentioned in the report, in particular the Code of Conduct. Measures in related areas also have an impact on this topic or deal with it as well. More details and content will be developed over the course of the following year. 1 https://www.acem.eu/policy-areas/safety/acem-advertising-guidelines, 2 1984 UCA: https://www.ris.bka.gv.at/GeltendeFassung.wxe?Abfrage=Bundesnormen&Gesetzesnummer=10002665, version of 11.21.2022, accessed on 11.21.2022) https://www.acem.eu/images/stories/doc/initiatives/safety/d_PromotionAdvertisingguidelines_85755.pdf

Sustainability Report_2022 DISCLOSURES ACCORDING TO EU TAXONOMY ART. 8 (L 443/9) FOR THE 2022 FINANCIAL YEAR Within the framework of the Action Plan on Financing Sustainable Growth (“EU Action Plan on Sustainable Finance”), the redirection of capital flows into sustainable investments is a key objective. Considering this, the EU Taxonomy Regulation (Taxonomy Regulation) came into force in mid-2020 as a uniform and legally binding classification system that defines which economic activities are considered “environmentally sustainable" in the EU. The results of this classification are to be reported annually on a company-specific basis. review, before depreciation, amortization and any revaluations for the financial year in question and excluding changes in fair value. It also includes additions to property, plant and equipment and intangible assets resulting from business combinations (application of IFRS (IAS 16, 38, 40, 41, IFRS 16); and national accounting policies if IFRS are not applied). Acquired goodwill is not considered. Investments in non-current assets classified as held for sale or held for distribution are only taken into account up to the initial date of the corresponding classification. Article 9 of the Taxonomy Regulation identifies the following six environmental objectives: • climate change mitigation; • climate change adaptation; • the sustainable use and protection of water and marine resources; • the transition to a circular economy; • pollution prevention and control; • the protection and restoration of biodiversity and ecosystems. The EU has currently published targets on sustainable economic activities as defined by the EU taxonomy for two environmental objectives (climate change mitigation and adaptation). The description of the economic activity in the Delegated Acts defines which economic activities can be considered in principle. Regarding the classification of an economic activity as “environmen- tally sustainable” for the purpose of the EU taxonomy, a distinction must be made between taxonomy eligibility and taxonomy alignment. The first step is to check whether an economic activity is described in the Delegated Act and is thus taxonomy-eligible. Only taxonomy- eligible economic activities can be considered “environmentally sustainable” if certain criteria are met. Accordingly, the second step is to evaluate whether the stated technical assessment criteria are fulfilled in order to be classified as taxonomy-aligned. In addition to the evaluation regarding the compliance criteria, there also needs to be an assessment of whether the taxonomy-eligible economic activities make a significant contribution to an environmental objective defined by the Taxonomy Regulation and whether no other environmental objective is significantly impaired (“Do No Significant Harm” (DNSH) test). In addition, the fulfillment of minimum social standards in accordance with the OECD Guidelines for Multinational Enterprises, UN Guiding Principles on Business and Human Rights, ILO Core Labor Standards and the International Bill of Human Rights must be ensured. In principle, all fully consolidated and proportionately consolidated Group companies are included in this analysis with regard to their revenues, capital and operating expenditures. The amounts reported under this item in the income statement form the basis for revenue. The basis for capital expenditure is additions to property, plant and equipment and intangible assets during the financial year under The basis for operating expenses represents the direct, non-capita- lized costs of research and development, building renovation measures, short-term leases (short-term leasing), service and repair, and all other direct expenses for the ongoing maintenance of property, plant and equipment by the company or by third parties that are necessary to ensure the ongoing and effective functioning of these assets. Based on Art. 8 (1) of the Taxonomy Regulation in conjunction with Section 243b and Section 267a of the Austrian Commercial Code (UGB), PIERER Mobility AG is obliged to apply the regulatory provisions of the Taxonomy Regulation. Pursuant to Section 245a (1) of the Austrian Commercial Code (UGB), the consolidated financial statements of PIERER Mobility AG have been prepared in accordance with IFRS as of the closing date. The amounts used for the calculation of the revenue, CapEx and OpEx ratios are accordingly based on the figures reported in the consolidated financial statements. If economic activities of PIERER Mobility AG are included in the EU catalog, they are considered taxonomy-eligible. In the case of PIERER Mobility AG, for example, the economic activity “3.3 Manufacture of low carbon technologies for transport” is to be considered. Revenues, investments and operating expenses related to this economic activity can be classified as taxonomy-eligible. The share of taxonomy-eligible revenues/capital expenditure (CapEx)/operating expenditure (OpEx) in the respective totals according to the EU Taxonomy of PIERER Mobility AG for the 2022 financial year is reported based on a complete analysis of the economic activities. For all referenced economic activities in PIERER Mobility AG's taxonomy, the DNSH test requires a climate risk assessment based on certain conditions in order to exclude an impairment of the “Adaptation to Climate Change” objective. Such a climate risk assessment was not available at the time of publication of the report for the 2022 financial year, which is why it was not possible to provide a taxonomy-compliant share for the three key figures (revenue, CapEx, OpEx). The EU Taxonomy Regulation and the delegated acts issued in

Sustainability Report_2022 KE Y R ATIOS In order to avoid double counting across economic activities, the individual items are assigned to an economic activity using defined rules. In the working document, a formula is consistently used to check that each item has only been counted once in the form of assignment to an economic activity or classification as not eligible for taxonomy. Revenue ratio The revenue ratio is the ratio of revenues from taxonomy-eligible economic activities in a financial year to total revenues in that financial year. Substantial contribution DNSH criteria criteria (“Does Not Significantly Harm”) ) 8 1 ( 1 2 0 2 r a e y , r e v o n r u t f o n o i t r o p o r p d e n g i l a - y m o n o x a T ) 0 1 ( s m e t s y s o c e d n a y t i s r e v i d o B i ) 1 1 ( n o i t a g i t i m e g n a h c e t a m ) 2 1 ( n o i t p a d a e g n a h c e t a m i l C i l C ) 3 1 ( s e c r u o s e r e n i r a m d n a r e t a W ) 4 1 ( y m o n o c e r a u c r i C l ) 5 1 ( n o i t u l l o P ) 6 1 ( s m e t s y s o c e d n a y t i s r e v i d o B i ) 7 1 ( s d r a u g e f a s m u m n M i i % Y/N Y/N Y/N Y/N Y/N Y/N Y/N % ) 9 1 ( 1 - N r a e y , r e v o n r u t f o n o i t r o p o r p d e n g i l a - y m o n o x a T % ) 0 2 ( ) r o y t i v i t c a g n i l b a n e ( y r o g e t a C E ) 1 2 ( “ ) y t i v i t c a l a n o i t i s n a r t ( “ y r o g e t a C T ) 7 ( s e c r u o s e r e n i r a m d n a r e t a W % ) 8 ( y m o n o c e r a u c r i C l % ) 9 ( n o i t u l l o P % ) 6 ( n o i t p a d a e g n a h c e t a m i l C % ) 1 ( s e i t i v i t c a c m o n o c E i ) 3 ( r e v o n r u t e t u o s b A l ) 4 ( r e v o n r u t f o n o i t r o p o r P ) 2 ( ) s ( e d o C ) 5 ( n o i t a g i t i m e g n a h c e t a m i l C EURk % % 1,914,885 78.57 3.3 1,914,885 78.57 A. TAXONOMY-ELIGIBLE ACTIVITIES A.1 Environmentally sustainable activities (Taxonomy-aligned) Environmentally sustainable activities (Taxonomy-aligned) (A.1) A.2 Taxonomy-Eligible but not environmentally sustainable activities (not Taxonomy- aligned activities) Manufacture of low carbon technologies for transport Turnover of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2) Total (A.1 + A.2) 1,914,885 78.57 B. TAXONOMY-NON-ELIGIBLE ACTIVITIES Turnover of Taxonomy- non-eligible activities (B) Total (A + B) 522,315 21.43 2,437,200 100.00 According to the EU taxonomy, the total revenues of € 2,437.2 million for the 2022 financial year form the denominator of the revenue ratio. The revenues of € 2,437.2 million reported in the consolidated income statement (see revenues according to the consolidated income statement or in the notes to the consolidated financial statements under Note 8. Revenues) of PIERER Mobility AG are analyzed across all group companies to determine whether they were generated with taxonomy-eligible economic activities according to Annex I (Substantial contribution to climate change mitigation) and Annex II (Substantial contribution to climate change adaptation) of the Delegated Regulation of (EU) 2020/852. A detailed analysis of the items included in the revenues is used to allocate the respective

Sustainability Report_2022 Installation, maintenance and repair of renewable energy technologies Acquisition and ownership of buildings Close to market research, development, and innovation CapEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2) Total (A.1 + A.2) 7.6 2,254 0.77 7.7 9.1 19,802 163 6.75 0.06 258,837 88.22 B. TAXONOMY-NON-ELIGIBLE ACTIVITIES CapEx of Taxonomy-non- eligible activities (B) Total (A + B) 258,837 88.22 34,566 11.78 293,403 100.00 The total capital expenditure according to the EU Taxonomy Regulation amounts to € 293.4 million and corresponds to the additions to property, plant and equipment and intangible assets (incl. IFRS 16 rights of use according to the IFRS consolidated financial statements) (see additions according to the statement of changes in non-current assets in the notes to the Consolidated Financial Statements under Note 22. Intangible assets and Note 23. Property, plant and equipment or in the consolidated management report under the notes on investments in Note 3. Financial performance indicators). The taxonomy eligibility in compliance with Annex I (Substantial contribution to climate change mitigation) and Annex II (Substantial contribution to climate change adaptation) of the Delegated Regulation of (EU) 2020/852 was analyzed using a multi-stage process. A preassignment was completed in largely automated fashion based on defined rules regarding existing standard information in relation to the individual accounting elements. This relates in particular to the assignment to the statement “Items defined as necessary for performing the main taxonomy-eligible economic activity of PIERER Mobility AG (3.3 Manufacture of low carbon technologies for transport)” and acquisitions arising from the economic activity 3.3 Manufacture of low carbon technologies for transport, which generally relates to the fleet of passenger vehicles and trucks. In a second step, those items that had been preassigned to the statement “Acquisitions from a taxonomy-eligible or taxonomy- compliant economic activity” were manually resorted based on the name of the respective item. The largest share of CapEx that is classified as taxonomy-eligible is made up of those items that are related to providing the economic activity 3.3 Manufacture of low carbon technologies for transport. Other shares are accounted for by acquisitions from economic activities related to buildings (e.g., 7.2 Renovation of existing buildings; 7.7 Acquisition and ownership of buildings), renewable energies and electric mobility (e.g., 7.6 Installation, maintenance, and repair of renewable energy technologies on site; 7.4 Installation, maintenance, and repair of charging stations for electric vehicles in buildings (and parking spaces attached to buildings)), related to water and waste (5.1 Construction, extension and operation of water collection, treatment and supply systems; 5.5 Collection and transport of non-hazardous waste in source-segregated fractions), and the acquisition of various technologies such as IT hardware and non-production-related machinery (3.6 Manufacture of other low carbon technologies).

Sustainability Report_2022 expenses recorded in the above accounts in terms of their taxonomy eligibility on the basis of Annex I (Substantial contribution to climate change mitigation) and Annex II (Substantial contribution to climate change adaptation) of the Delegated Regulation of (EU) 2020/852. The majority of the taxonomy-eligible operating costs relate to the maintenance of buildings and production machinery. Further regulatory developments in the EU taxonomy mean there may be deviations as well as changes with regard to disclosure in 2023. A more detailed evaluation of the taxonomy-eligible items with regard to the fulfillment of technical assessment criteria and the DNSH test is also planned for the 2023 financial year, and this will also include a climate risk assessment. Wels, March 2023 The Executive Board Stefan Pierer, CEO Friedrich Roithner, CFO Hubert Trunkenpolz Viktor Sigl, MBA

Sustainability Report_2022 III. APPENDIX Key Figures KEY SOCIAL FIGURES (RELIABLE EMPLOYER) GRI 2-7, 2-8, 2-30 Employees 2-7: Information on employees total thereof male thereof female Full time Part time share of female employees thereof male thereof female Employee structure by continent1 thereof in Austria thereof in Germany thereof in Europe employees other continents2 2-8: Workers who are not employees Temporary workers total (incl. foundation apprentices) thereof male thereof female thereof <30 years thereof 30-50 years thereof >50 years 2-30: Tariff contracts Unit 2022 2021 2020 heads heads heads heads heads heads heads in per cent heads in per cent heads in per cent heads in per cent heads in per cent heads in per cent heads in per cent heads in per cent heads in per cent heads in per cent heads in per cent 6,088 5,644 4,373 1,271 444 167 277 25.4% 5,050 83.0% 137 2.3% 392 6.4% 509 8.4% 627 10.3% 427 68.1% 200 31.9% 240 38.3% 346 55.2% 41 6.5% 5,249 4,843 3,834 1,009 406 147 259 24.2% 4,361 83.1% 136 2.6% 316 6.0% 436 8.30% 486 9.3% 345 71.0% 141 29.0% 217 44.7% 240 49.4% 29 6.0% 4,586 4,248 3,450 798 338 110 228 22.4% 3,822 83.3% 116 2.5% 284 6.2% 364 7.9% 294 6.4% 251 85.4% 43 14.6% 134 45.6% 147 50.0% 13 4.4% in per cent 98% 98% 98% 1 Evaluation of employee structure by company location (not by nationality). 2 Africa, Asia, Australia, North America, South America All data excl. members of the Executive Board of PIERER Mobility AG, incl. temporary workers, incl. KTM AG and its subsidiaries, Avocodo GmbH and PIERER Innovation GmbH.

Sustainability Report_2022 Own indicator Further information on employees Employee turnover in Austria1 Parental leave (due to education or birth) Return ratio (rounded) thereof female People with disabilities2 GRI 405-1 Diversity of governance bodies Executive Board thereof male thereof 30-50 years thereof >50 years Supervisory Board thereof male thereof female thereof >50 years Unit in per cent heads in per cent in per cent heads Unit heads in per cent in per cent in per cent heads in per cent in per cent in per cent 2022 <10% 120 96% 36% 54 2022 4 100% 25% 75% 6 67% 33% 100% 2021 <10% 90 93% 34% 48 2021 4 100% 25% 75% 4 100% 0% 100% Ernst Chalupsky and Alfred Hörtenhuber resigned from the Supervisory Board at the end of the Annual General Meeting on April 29, 2022. Rajiv Bajaj, Iris Filzwieser, Michaela Friepeß and Srinivasan Ravikumar were elected as new members of the Supervisory Board. GRI 403-9 Health and safety - Employees Accidents at work Injury rate Serious accidents at work (over 6 months of recovery) Injury rate of serious accidents Rate of work-related fatalities Lost-time injury frequency rate (LTIFR) Health and safety - Temporary workers Accidents at work Injury rate Serious accidents at work (over 6 months of recovery) Injury rate of serious accidents Rate of work-related fatalities Lost-time injury frequency rate (LTIFR) Unit number hours number number number number Unit number hours number number number number 2022 75 12.2 2 0.33 0 10.8 2022 34 39.8 0 0 0 35.1 2021 74 13.3 0 0 0 8.4 2021 16 28.2 0 0 0 22.9 2020 <10% 84 94% 30% 48 2020 4 100% 25% 75% 4 100% 0% 100% 2020 56 12.8 3 0.69 0.23 - 2020 6 22.6 0 0 0 - Values include all documented accidents at work (excluding commuting accidents). Data for employees of external companies are available. Injury rate based on injuries per 1 million hours worked. In accordance with GRI standards, the injury rate is calculated on the basis of productive working hours: Number of hours worked in 2022 (evaluation only possible for companies based in Austria): 6,122,869 (2021: 5,564,141), productive hours incl. temporary workers 6,977,525. In the 2022 financial year, as in 2021, there were no work-related fatalities at KTM AG. There was one work-related fatality in 2020. The lost-time injury frequency rate (LTIFR) has been recorded since the 2021 reporting year. The LTIFR describes the number of accidents involving lost time of at least one day per 1 million hours worked. Underlying formula: LTIFR=accidents/hours worked*1,000,000. 1 Due to missing employee data and the difference in the country-specific approach for calculating the turnover rate, a global evaluation is currently not possible. 2 Measured by a degree of disability reported of over 50 %.

Sustainability Report_2022 KEY ENVIRONMENTAL FIGURES (ENVIRONMENTALLY CONSCIOUS PRODUCTION) GRI 302-1 Energy and water consumption Gas consumption 1 Electricity consumption 1 District heating Percentage of renewable energy (electricity and district heating) Percentage of fossil energy (electricity and district heating) Water consumption from production 2 Fuel for test benches 1) For reasons of materiality, the table only contains values from the corporate and production sites of KTM AG and PIERER Mobility AG. 2) Values rounded. Water consumption relates to the sites in Mattighofen and Munderfing. Unit kWh kWh kWh in per cent in per cent m³ in liters 2022 20,983,051 25,162,909 571,471 98.11% 1.89% 4,876 535,361 2021 21,282,489 22,841,717 671,940 99.63% 0.37% 4,185 443,449 2020 17,924,474 19,035,648 619,350 n.a. n.a. 3,364 317,246 GRI 302-5 Reduction in energy demand for products Fleet emissions from motorcycles 1, 2 Fleet consumption 3 Unit Avg. emissions in g/km Avg. consumption in l/100 km 2022 79.59 3.39 2021 79.65 3.41 2020 78.93 3.39 1 Calculated on a pro rata basis of 226,806 motorcycles in the B2C business. 2 CO2 fleet emissions decreased by only 0.06 g/km in the reporting year due to the continued strong growth in sales of ICE models with medium and large displacements (>500cc). The incorrectly recorded CO2 emission figure for a KTM model from Bajaj Auto required a correction of the fleet emission figure retrospectively for the 2021 and 2020 reporting years. 3 To allow better understanding, we do not state the vehicle consumption in joules, but in l/100 km as usual. GRI 305-1, 305-2, 305-3 Carbon footprint of the PIERER Mobility Group Greenhouse gas emissions according to the Greenhouse Gas Protocol (Scope 1-3): Scope 1: Direct greenhouse gas emissions Emissions from natural gas procurement at PIERER Mobility Group sites 1 Emissions from vehicle fleet Emissions from test benches Scope 2: Indirect greenhouse gas emissions “location based” 2 Emissions from district heat procurement 2 Emissions from electricity procurement at PIERER Mobility Group sites 1 Scope 2: Indirect greenhouse gas emissions “market based” 2 District heating emissions Emissions from electricity procurement at PIERER Mobility Group sites 1 Scope 3: Indirect greenhouse gas emissions in t CO2-e 2022 share of “location based” in percent in t CO2-e share of “market based” in percent 2021 share of “location based” in percent 2020 share of “market based” in percent in t CO2-e share of “location based” in percent share of “market based” in percent 7,095.97 0.84% 0.84% 6,677.29 0.70% 0.70% 5,679.78 0.67% 0.67% 3,822.90 53.87% 53.87% 3,898.10 58.38% 58.38% 3,295.77 58.03% 58.03% 1,889.17 1,383.90 5,624.97 26.62% 19.50% 0.61% 26.62% 19.50% 1,638.10 1,141.09 5,136.72 24.53% 17.09% 0.54% 24.53% 17.09% 1,565.46 818.54 5,036.93 27.56% 14.41% 0.60% 27.56% 14.41% 114.29 2.10% 134.39 2.62% 125.73 2.50% 5,510.68 97.90% 5,002.34 97.38% 4,911.20 97.50% 174.56 114.29 60.27 0.02% 213.09 0.02% 1,154.76 64.43% 55.21% 136.40 76.68 64.01% 35.99% 125.73 1,029.03 0.14% 10.89% 89.11% 849,857.61 98.50% 99.14% 936,260.90 98.75% 99.27% 832,231.63 98.73% 99.19%

Sustainability Report_2022 contribute to climate change: Carbon dioxide (CO2), methane (CH4), nitrous oxide (N2O), hydrofluorocarbons (HFCs), perfluorocarbons (PFCs), sulfur hexafluoride (SF6), and nitrogen trifluoride (NF3). CO2-e is the universal unit of measurement used to indicate the global warming potential (GWP) of each of the seven greenhouse gases, expressed as the GWP of one unit of carbon dioxide. It is used to assess the release (or avoidance of release) of various greenhouse gases on a common basis. GRI 306-3 Amount of waste Total waste in kg Metal waste (excl. aluminum waste) Aluminum waste Waste for recycling Hazardous waste Other waste Waste generated per vehicle produced 1, 3 Packaging materials disposed of per vehicle 2, 3 Unit kg kg kg kg kg kg kg kg 2022 6,189,612 804,437 296,954 4,376,835 318,774 422,350 2021 6,392,778 786,634 261,473 4,487,250 337,712 519,709 2020 4,822,664 660,992 267,555 3,125,980 267,827 500,310 24.43 16.62 30.39 20.32 28.59 15.90 For reasons of materiality, the table only contains values from the KTM Group's manufacturing sites in Mattighofen and Munderfing (these sites are used jointly by KTM AG, KTM Components GmbH, KTM Forschungs & Entwicklungs GmbH). Description of waste types/metals: including various scrap metals, cable scrap, mixed chips, prototypes. Aluminum: including castings, smelting, chips; waste for recycling: including waste wood (untreated, material), waste wood pallets, waste paper, various cardboard boxes; hazardous waste: waste oil, drilling emulsion, various solvents, cleaners; other waste: including plasterboard, used tires, industrial waste. 1 For the calculation, the number of vehicles assembled in Mattighofen incl. vehicles imported from India, Spain and China was used because the waste assessments also include waste from the imported vehicles.. 2 Packaging materials disposed of exclusively include the waste generated at KTM AG, KTM Components GmbH (Mattighofen and Munderfing sites) for recycling, excluding green waste, waste paper and waste glass (cardboard packaging, waste wood, waste wood pallets, polypropylene pallets, mixed plastics, sorted polystyrene, plastic packaging/EPS-TPU). The share of packaging materials in the metal waste could not be evaluated separately in the reporting year, as these are disposed of with all other metal waste generated by KTM AG at the Mattighofen and Munderfing sites. However, this quantity does not represent a significant proportion. 3 Waste that cannot be clearly allocated to production was not included in the calculation. Own indicator Vehicle assembly Motorcycles 1 Annual production volume in Mattighofen 2 1 In 2021, there were 233 production days. 2 Production volume at headquarters in Austria. Own indicator Certifications Environmental management system Quality management system Functional safety IT & information security 1 Road Vehicles - Cyber Security Engineering Acoustics – Test track for measuring the noise emission of road vehicles Certifications 1 For more information, see page 32 in the Sustainability Report 2021. Unit Avg. vehicles / day Vehicles / year 2022 954 222,041 2021 765 178,992 2020 708 140,252 ISO 14001 ISO 9001 ISO 26262 The development processes are based on ISO 26262. Tisax Certification Security Level2 ISO/SAE 21434 ISO 10844 The process is currently under development.

Sustainability Report_2022 GRI 2-27, 205-3, 406-1, 416-2, 418-1 Compliance I Compliance with laws and regulations I Non-discrimination I Product safety risks I Data protection 205-3: Compliance cases 1 2-27: Cases of significant instances of non-compliance with laws and regulations 2 Total value of fines for instances of noncompliance with laws and regulations 406-1: Discrimination incidents 3 416-2: Incidents involving a fine or penalty following recalls 418-1: Data protection complaints Unit 2022 2021 2020 number number in € number number number 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 In the PIERER Mobility Group, there were neither any relevant compliance cases nor cases that resulted in corresponding compliance investigations or proceedings regarding corruption in the 2022 financial year. In the PIERER Mobility Group, there were no relevant incidents relating to non- compliance with laws and/or regulations that resulted in proceedings, fines and/or other sanctions in the 2022 financial year. 3 In the PIERER Mobility Group, there were no significant incidents of discrimination that resulted in legal proceedings and have or could have a significant impact on the economic situation of the PIERER Mobility Group in the 2022 financial year.

Sustainability Report_2022 ESG area/topic Description of measures Start End Status SDG Training and further education Priority measures for apprentices Internationalization of KTM_academy training portal (2021: Expansion of training programs) ENVIRONMENTALLY AWARE PRODUCTION Waste management Expansion of storage facilities for hazardous materials and waste The offers for apprentices were enhanced even further. Thanks to a conversion of the apprentice workshop in Mattighofen, which was completed in 2022, there is now space for up to 230 apprentices in a training facility that has excellent technical equipment. With the digital and mobile “Apprentio” apprenticeship management app, apprentices can access their rotation schedule as well as vocational college, training dates and vocational training blocks at any time on their smartphone. The app also offers a standardized feedback process and documents learning progress at the same time. In addition, 42 apprentices have been accommodated in a residential facility run by the Upper Austrian Housing Association. The rental costs are paid by the company. Visitor events were held to give interested parties an insight into apprenti- ceship training at KTM. As of the reporting date, there were around 200 apprentices. The company continues to pursue the goal of increasing the number of apprentices beyond 200. The aim is to link all parts of the group around the world to the learning management system in 2023. In addition to the desktop system, a mobile app also makes the training and education opportunities that are on offer accessible to employees – here too the intention is to gradually expand access to all employees around the world in 2023. At the engine plant, storage capacity was created by acquiring an additional suitable storage container. Furthermore, the storage space is being completely reconfigured here as part of the extension of the engine plant toward Aumayer and included in the construction planning. In the area of the main plant, planning was postponed because the confi- guration of the waste disposal area is being completely redesigned. This redesign has a massive impact on the planning of the storage areas for the main plant. Goal: To improve the amount of storage space for hazardous materials and waste Adjustments in waste management Adjustments that were planned for 2022 were implemented. A training program for employees in the form of a “Waste Management” e-learning course was put online. Improved waste separation After focusing on the separate collection of paper in offices and of plastic and EPS in production in 2021, in 2022 sorting of PET bottles and unmixed packaging films was expanded. An evaluation in terms of reliable figures will be possible in 2023 (with reference to the goal of ensuring better recycling of packaging materials). The volume of residual waste was reduced by 37.9% in 2022 compared to the reference year of 2019. The planned target of a 10% reduction by 2024 was therefore significantly exceeded. Goal: Better recycling of packaging materials 2021 2022 8.6 2021 2022 2021 2024 2020 2022 2021 2023 4.3 4.4 6.3 12.4 12.4 12.5

Sustainability Report_2022 ESG area/topic Description of measures PG&A shipping policy As of January 1, 2022, a new shipping policy was implemented for the Parts, Garments & Accessories (PG&A) business unit. The objective is to ensure reliable shipping logistics to reflect demand and to incentivize larger orders at intervals spaced more widely apart. The aim is to reduce the number of express consignments involving air freight and a large amount of packaging. Start End Status SDG 2022 2022 12.5 13.2 Impacts of production on the climate and environment Energy ring Energy monitoring Other climate and environmental impacts Electrification of the passenger car fleet By setting up a private 30 kV energy ring, the renewable energy from the photovoltaic installations can be passed on from Logistics Center 2 and the Motorsport building to a total of five consumers (Logistics Center 1, Logistics Center 2, Motorsport, Engine Plant, KTM Components Plant). This means that the rate of consumption for the company's own needs of the photovoltaic installations can be increased to approx. 75-80%. Of the 4.5 million kWh of solar power that are forecast to be produced, approximately 3.5 million kWh can thus be consumed by KTM. Goal: Reduce the amount of electricity purchased from the public grid By installing energy monitoring software and having more detailed metering points for electricity, water, heating and cooling, high energy consumers in the buildings can be located and reduced by implementing technical or organizational measures. 2022 2023 7.2 2022 2023 7.3 The stated target of achieving a 20% share of electric or hybrid vehicles in the overall company car fleet before the end of 2022 was exceeded with a share of 22% being achieved. 2021 2022 13.2 13.3 Goal: 20% (E+hybrid) by the end of 2022 KTM Motohall carbon footprint A project to prepare a carbon footprint for the KTM Motohall in Mattighofen for 2022 was started. Once completed, the aim is to use the carbon footprint calculated from the project as the basis for determining the next steps such as measures and objectives. Switch to LED lighting After the switchover to LED lighting in vehicle assembly, which was completed back in 2021, the aim will be to complete the full switchover in the spare parts center by the end of 2023. Construction of further photovoltaic installations Further photovoltaic installations will be constructed on Logistics Center 2 and the Motorsport building. They will then also form part of the energy ring (see the Energy ring measure). 2022 2023 13.2 2022 2023 2022 2023 7.3 13.2 7.2 SUSTAINABLE MOBILITY Innovations from in-house research & development EMotion research project The “Emotion” project launched in 2020 is dedicated to sustainable two-wheel mobility. The aim is to have cost-effective, energy-efficient, comfortable and lightweight electric two-wheelers, along with innovative user interfaces and eco-coaching strategies for efficient and resource- saving use. Initial concepts and prototypes are available and undergoing evaluation. A pilot phase for eco-coaching strategies is planned for 2023. 2020 2023 11.5 13.3

Sustainability Report_2022 ESG area/topic Description of measures Start End Status SDG Having already developed a joint platform for electric two-wheelers with partner Bajaj Auto Ltd. in 2021, the collaboration was stepped up in 2022. Besides joint vehicles, part of this cooperation includes an open approach to different battery solutions in order to exploit the advantages of both integrated and removable batteries. The aim is still to launch the first products on the market in years to come. 2021 11.5 13.3 Joint platform strategy with Bajaj Auto FAIR BUSINESS PRACTICES Impacts of procurement on people and human rights Examination of a sustainability platform for procurement Following the completion of a detailed review of various options for a platform for systematically recording environmental and social standards in the supply chain, the ESG SupplierAssurance platform started operating as planned in 2022. This measure has therefore been successfully completed. A first follow-up measure based on this is the newly adopted measure “Auditing suppliers via the Sustainability Platform”. 2021 2022 Auditing suppliers via the Sustainability Platform In the same year, just under 60 % of series suppliers were audited on the Sustainability Platform, which was launched in 2022 to assess the sustaina- bility performance of suppliers. 2022 2023 Supplier audit Data protection and cyber security Training on data protection and GDPR Goal: Increase the percentage of suppliers audited to 80 % by the end of 2023 116 supplier audits were carried out in 2022. Of these, four audits were so-called qualification audits for new suppliers, which were newly established in December 2022 and already include criteria focusing on purchasing and the supply chain. Questions in relation to the environment and social aspects are also assessed. The project focusing on a separate sustainability audit is to be reassessed in 2024. In 2022, an awareness content platform with predefined content was purchased, and this will provide content for new IT security awareness training content in the future. The aim is to make the training courses modern and interesting. Further revisions are planned in 2023, as well as targeted training for specialist areas with a particularly high level of involvement with data protection issues. 2021 2024 2021 2023 8.7 8.8 8.7 8.8 8.7 8.8

Sustainability Report_2022 GRI Index Statement of use: PIERER Mobility AG has reported in accordance with the GRI Standards for the period Januar 1, 2022 - December 31, 2022. GRI 1 used: GRI 1: Foundation 2021 Applicable GRI Sector Standard(s): none apply GRI- Standards Disclosure GENERAL DISCLOSURE GRI 2: General disclosure 2021 2-1 Organizational details Page(s) in this Sustainability Report; other Location Omission, Explanation 12-13, 125; Group companies (schedule of equity holdings) – pages 211-213 in the 2022 Annual Report Entities included in the organization’s sustainability reporting 11-12 Reporting period, frequency and contact point 11, 112, 125; Publication date: March 28, 2023; Adjustments to reported key figures are noted in the respective footnote. Restatements of information 11 External assurance 11, 122-123 Activities, value chain and other business relationships 2-2 2-3 2-4 2-5 2-6 2-7 Employees 2-8 Workers who are not employees 16, 70-71; Global production facilities – see pages 14-15 in the 2022 Annual Report. In addition, please refer to the comments in the Management Report of the Annual Report 2022: Economic environment and market development, Financial performance indicators, pages 107-115. 73, 94-95; The total number of employees of PIERER Mobility AG (as of December 31 of the respective fiscal year) is the sum of full-time plus part-time employees (in each case incl. managers, apprentices, temporary workers, freelancers and employees in active/passive/continuous partial retirement). Excl. inactive/ resting employment relationships such as employees on maternity leave, educational leave, military/civilian service. External employees such as IT consultants and freelancers are not included in the headcount. For further information, please see page 95 / table GRI 405-1). 73, 89; Temporary workers are employees who are placed with the Group by means of classic labor leasing. They are primarily employed in the production areas or in logistics. Temporary workers are included in the total number of employees. 2-7 b i, 2-7 b ii, 2-7 iii (n/a): Only about 1% of the employees have a fixed-term contract, so no separate subdivision into permanent / fixed-term employment relationships is made in this list. Excluded from this are interns, diploma/ master's students etc. as well as employees in their probationary period (first 6 months of service). In the PIERER Mobility Group, all employees have guaranteed working hours. 2-7 b iv/v (information incomplete): A breakdown of full-time/part-time employees by gender and region is not available for the reporting period.

Sustainability Report_2022 GRI- Standards Disclosure 2-25 Embedding policy commitments Page(s) in this Sustainability Report; other Location 14-15, 18-19, 24, 31, 74-75, 59-60, 60-61, 83, 105-111; In the Code of Conduct (CoC), all stakeholders of PIERER Mobility AG are addressed in principle and the complaint mechanisms are described there. The CoC is available on the website under the heading Sustainability. Omission, Explanation 2-26 Mechanisms for seeking advice and raising concerns 46, 54, 78-85 2-27 Compliance with laws and regulations 18, 81-83, 84, 86, 96-97; Please refer to the Corporate Governance Report for the 2022 Financial Year – pages 74 and 84 in the 2022 Annual Report. 2-28 2-29 2-30 Own indicator Membership associations 33, 34-35, 37 Approach to stakeholder engagement 21-22, 32-36 Collective bargaining agreements 54, 98 Certifications 18-20, 102 MATERIAL TOPICS GRI 3: Material Topics 2021 3-1 3-2 Process to determine material topics List of material topics 21-22 22 Supply chain resilience GRI 3: Material Topics 2021 3-3 Management of material topics 22, 69 GRI 204: Procurement Practices 2016 204-1 Proportion of spending on local suppliers 71-72 Business & legal compliance GRI 3: Material Topics 2021 3-3 Management of material topics 22, 78, 81 GRI 205: Anti-corruption 2016 205-1 Operations assessed for risks related to corruption 205-2 205-3 Communication and training about anti- corruption policies and procedures 79, 103 Confirmed incidents of corruption and actions taken 104 (Information incomplete): Information on required disclosures will be reported for the 2023 Financial Year. Currently, there is no survey process documenting a targeted query.

Sustainability Report_2022 GRI- Standards Disclosure Page(s) in this Sustainability Report; other Location Omission, Explanation Impacts of production on the climate and environment (Scope 1-2), Impacts of using the product on the climate and environment (Scope 3) GRI 3: Material Topics 2021 3-3 Management of material topics 18-19, 22, 62, 72, 76 GRI 305: Emissions 2016 305-1 Direct (Scope 1) GHG emissions 305-2 Energy indirect (Scope 2) GHG emissions 305-3 Other indirect (Scope 3) GHG emissions 100-101; d: The base year of the calculation is 2018, the calculation of CO2 equivalents for Scope 1-3 was published for the first time in the 2019 Sustainability Report. ii: see page 34 in the 2019 Sustainability Report 2019. iii: n/a. 100-101; d+ii+iii: Please refer to the comments under 305-1. 63, 100-101; The incorrectly recorded CO2 emission figure for a KTM model from Bajaj Auto required a correction of the fleet emission figure retrospectively for the 2021 and 2020 reporting years. d+ii+iii: Please refer to the comments under 305-1. 305-4 305-5 305-6 305-7 GHG emissions intensity 101 Reduction of GHG emissions Emissions of ozone-depleting substances (ODS) Nitrogen oxides (NOx), sulfur oxides (SOx), and other significant air emissions Own indicator Vehicle assembly 20, 102 Waste management GRI 3: Material Topics 2021 3-3 Management of material topics 18-19, 22, 68, 74-75 GRI 306: Waste 2020 (n/a): no biogenic CO2 emissions are generated in the production process. (Information incomplete): The aim is to evaluate the annual reduction in greenhouse gas emissions, in the course of defining and setting CO2 targets. (n/a): No ozone-depleting substances are used in the PIERER Mobility Group. (n/a): No significant nitrogen and sulfur oxides are generated in the course of PIERER Mobility AG's production processes. In the use phase of motorcycles, the respective applicable legal requirements in the end markets are complied with.

Sustainability Report_2022 Disclosure Page(s) in this Sustainability Report; other Location Omission, Explanation GRI- Standards 401-2 Benefits provided to full-time employees that are not provided to temporary or part-time employees 54 401-3 Parental leave Own indicator Parental leave (due to education or birth) 52, 98 Occupational safety and employee health GRI 3: Material Topics 2021 3-3 Management of material topics 22, 41, 44 GRI 403: Occupational Health and Safety 2018 403-1 Occupational health and safety management system Please refer to the Occupational Health and Safety Policy – see link on page 44. Around 83 % of employees are subject to the provisions of labor law applicable in Austria (for the remaining around 17 %, the provisions of the respective country apply). In addition, principles such as upholding human rights, respect, integrity and diversity, as well as fair working conditions are essential contents of the Code of Conduct and the Compliance Guidelines of the PIERER Mobility Group. ii: see GRI 403-8. 403-2 403-3 403-4 403-5 403-6 403-7 Hazard identification, risk assessment, and incident investigation 44; ii: see GRI 403-8 Occupational health services Worker participation, consultation, and communication on occupational health and safety 33, 44-46 18, 44-45, 48 Worker training on occupational health and safety 44-45 Promotion of worker health Prevention and mitigation of occupational health and safety impacts directly linked by business relationships 37, 45-46 44-46 403-8 Workers covered by an occupational health and safety management system 403-9 Work-related injuries 45, 98 (Information incomplete): In principle, all employees are entitled to various company benefits. Benefits are also described on a position-specific basis in the respective job advertisement. Further details on these benefits will be reported for the 2023 Financial Years. Total number, return rate (n/a:) Own definition - see "Own indicator - Parental leave“. (Information incomplete): In the course of implementing cross-company HSE software, a system-based data collection system will also be introduced. The roll-out is planned for 2023-2024.

Sustainability Report_2022 Disclosure Page(s) in this Sustainability Report; other Location Omission, Explanation Disclosure of data and definition of "significant establishments" (Information incomplete): The basic salary in the PIERER Mobility Group is based on the collective bargaining and collective agreement regulations of the respective country - this corresponds to 97.7 % of the total number of employees in 2022 (see also comments under GRI 2-30) and is independent of gender. Data evaluation of compensation structures is not available for the reporting period. A system-based data collection of these is in progress. The aim is to report the indicator for the 2023 Financial Year for Austria and globally for the 2024 Financial Year. Share of new suppliers (n/a). Through the implementation of the SupplierAssurance ESG platform, the current focus is on the data collection and use of the platform. see GRI 308-2 GRI- Standards 405-2 Ratio of basic salary and remuneration of women to men Own indicator Parental leave (due to education or birth) 52 Employee rights and working conditions GRI 3: Material Topics 2021 3-3 Management of material topics 22, 52, 82, 86 GRI 406: Non-discrimination 2016 406-1 Incidents of discrimination and corrective actions taken 83, 104 Impacts of procurement on people and human rights GRI 3: Material Topics 2021 3-3 Management of material topics 22, 78-79 GRI 414: Supplier Social Assessment 2016 414-1 New suppliers that were screened using social criteria 414-2 Negative social impacts in the supply chain and actions taken Product quality and user safety GRI 3: Material Topics 2021 80 80 3-3 Management of material topics 18-20, 22 GRI 416: Customer Health and Safety 2016 416-1 416-2 Assessment of the health and safety impacts of product and service categories Incidents of non-compliance concerning the health and safety impacts of products and services 20 64

Sustainability Report_2022 Independent Assurance Report To the Management Board of PIERER Mobility AG, Wels INDEPENDENT ASSUR ANCE REPORT ON THE NON-FINANCIAL REPORTING ACCORDING TO § 267A UGB We have performed an independent limited assurance engagement on the consolidated non-financial report according to § 267a UGB (“NFI report”) for the financial year 2022, which has been published as Group non-financial statement of PIERER Mobility AG, Wels (referred to as “Pierer Mobility AG” or “the Company”). Conclusion Based on the procedures performed and the evidence we have obtained, nothing has come to our attention that causes us to believe that the NFI report of the Company is not in accordance with the legal requirements of the Austrian Sustainability and Diversity Improvement Act (§ 267a UGB), the provisions of Article 8 of the Regulation (EU) 2020/852 as amended and the supplementing delegated Regulation (EU) 2021/2178 (hereafter "EU Taxonomy Regulation")] and the sustainability reporting guidelines of the Global Reporting Initiative (GRI Standards) Option "in accordance with" in all material respects. Management's Responsibility The Company's management is responsible for the proper preparation of the NFI report in accordance with the reporting criteria. The Company applies the legal requirements of the Austrian Sustainability and Diversity Improvement Act (§ 267a UGB) and the sustainability reporting guidelines of the Global Reporting Initiative (GRI Standards) Option "in accordance with" as reporting criteria. In addition, the company prepares disclosures in accordance with the EU Taxonomy Regulation, which are published as part of sustaina- bility reporting. The Company’s management is responsible for the selection and application of appropriate methods for non-financial reporting (especially the selection of significant matters) as well as the use of appropriate assumptions and estimates for individual non-financial disclosures, given the circumstances. Furthermore, their responsi- bilities include the design, implementation and maintenance of systems, processes and internal controls that are relevant for the preparation of the sustainability report in a way that is free of material misstatements – whether due to fraud or error. Auditors' Responsibility Our responsibility is to state whether, based on our procedures performed and the evidence we have obtained, anything has come to our attention that causes us to believe that the Company’s NFI report is not in accordance with the legal requirements of the Austrian Sustainability and Diversity Improvement Act (§ 267a UGB), the legal requirements of the EU Taxonomy Regulation and the sustainability reporting guidelines of the Global Reporting Initiative (GRI Standards) Option " in accordance with" in all material respects. Our engagement was conducted in conformity with the International Standard on Assurance Engagements (ISAE 3000) applicable to such engagements. These standards require us to comply with our professional requirements including independence requirements, and to plan and perform the engagement to enable us to express a conclusion with limited assurance, taking into account materiality. An independent assurance engagement with the purpose of expressing a conclusion with limited assurance ("limited assurance engagement") is substantially less in scope than an independent assurance engagement with the purpose of expressing a conclusion with reasonable assurance ("reasonable assurance engagement"), thus providing reduced assurance. Despite diligent engagement planning and execution, it cannot be ruled out that material misstate- ments, illegal acts or irregularities within the non-financial report will remain undetected.

Sustainability Report_2022 IMPRINT Owner and publisher PIERER Mobility AG Edisonstrasse 1 4600 Wels, Austria FN 78112 x / Wels Provincial and Commercial Court CONTACT Melinda Busáné Bellér Investor Relations, Sustainability Telefon: +43 1 533 1 433 - 70 E-Mail: ir@pierermobility.com Website: www.pierermobility.com CI-Conzept: LX media GmbH, 4600 Wels, www.lx-media.at‚ Design: Grafik-Buero Elena Gratzer, 4600 Wels, www.grafik-buero.at Photos: KTM archive, Husqvarna Motorcycles archive, WP archive, Husqvarna E-Bicycles archive, GASGAS archive, KTM Technologies archive The present report has been prepared with the utmost care and the correctness of the data was checked. Nevertheless, slight differences in the calculations may arise as result of the summation of rounded amounts and percentages, and typographical and printing errors cannot be ruled out. References to persons such as “employees” or “staff members” are intended to be gender-neutral and insofar as the contrary appears this is solely for purposes of legibility. This half-year report and the forward-looking statements it contains were prepared on the basis of all the data and information available at the time of going to press. However, we are must point out that various factors may cause the actual results to deviate from the forward-looking statements given in the report. This report is published in German and English. In case of doubt, the German version shall prevail.

PIERER Mobility AG Edisonstraße 1 4600 Wels, Austria Rated by www.pierermobility.com