New strategic owner for Yunex Traffic

• Atlantia S.p.A. acquires Yunex Traffic from Siemens Mobility for €950 million
• Closure expected by September 2022
• Yunex Traffic is a leader in intelligent road traffic solutions
• Siemens continues to sharpen its portfolio as a focused technology company

Siemens Mobility has signed an agreement to divest Yunex Traffic, its international road traffic business, to Atlantia S.p.A. The Siemens AG Board of Management and Supervisory Board approved the planned transaction. The purchase price is €950 million (enterprise value). Closing is expected in September 2022, subject to relevant regulatory approvals. Yunex Traffic is a leader in innovative and intelligent infrastructure and traffic solutions for roads and cities. As a world leader in mobility infrastructure technology and services, Atlantia is a strategically focused new long-term owner for Yunex Traffic. Roland Busch, President and Chief Executive Officer of Siemens AG said, "Siemens is continuously sharpening and optimizing its portfolio as a technology company focused on its core business. Siemens Mobility and Yunex Traffic have: demonstrated Siemens' ability to develop companies very successfully and increase their value. In addition, we are very pleased to have found the best owner for Yunex Traffic with Atlantia. Their competence, long-term orientation and high commitment to growth and innovation is in the interest of all stakeholders." "With the sale to Atlantia, Yunex Traffic becomes part of a highly dynamic traffic ecosystem that will ensure cleaner air and livable cities and safer roads," said Michael Peter, CEO of Siemens Mobility.

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"The addition of Yunex Traffic to our group," said Carlo Bertazzo, CEO of Atlantia, "marks a major step forward in the expansion of our company. We aim to create operational and growth synergies between our assets and Yunex Traffic, with the intention of: creating a highly competitive, unique group, which can realize synergies in the management of infrastructure, services and technological innovation, to enhance the travel experience. We are delighted that Siemens, one of the leading industrial groups at European and global level, has chosen Atlantia's plan as: providing the best strategy for the future growth of Yunex Traffic. I would like to extend a warm welcome to our group at Yunex Traffic, the management team and the 3,000 employees, with whom we will continue to build the new Atlantia," Bertazzo concluded. For Atlantia, Yunex Traffic is an ideal complement to its international mobility infrastructure and services portfolio. The acquired company is planned to be managed as a separate entity. Yunex Traffic will strengthen its position as a world leader in adaptive traffic management systems and intelligent solutions for network traffic and toll systems. The portfolio strategy will focus on automation and digitization to better exploit the potential of cloud computing, 5G and artificial intelligence in the coming years. By joining Atlantia, Yunex Traffic will also be able to bring significant industrial and development synergies with the Group's The assets of highways, airports and mobility services, already present in 35 countries.

Yunex Traffic has been an independently managed company 2021 since July. With its clear business focus and entrepreneurial freedom, Yunex Traffic generated revenue of more than €600 million in fiscal year 2021.Yunex Traffic operates in more than 25 countries worldwide with more than 3,000 employees. Its intelligent mobility solutions are used in cities such as Dubai, London, Berlin, Bogota and Miami. The company is the only provider in the world that meets all major regional traffic technology standards in the EU, UK, Asia and the Americas.