Steyr/Vienna, May 16, 2025 – B&C Group, an anchor investor of listed Steyr Motors AG, announces that B&C Holding Österreich GmbH has increased its stake in Steyr Motors AG to 20 percent. The shares were acquired from Mutares in accordance with existing lock-up provisions.

Steyr Motors AG has been successfully listed in the Scale segment of the Frankfurt Stock Exchange since October 2024. Since February 2025, the company has also been listed on the Vienna Stock Exchange. B&C Group has supported Steyr Motors AG as an anchor investor since its IPO. By increasing its shareholding, B&C now reaffirms this role and, together with Mutares, will support the company´s continued growth and further innovation development going forward. In this context, B&C is also seeking a seat on the Supervisory Board of Steyr Motors AG.

Mutares and B&C are confident in the continued growth potential of Steyr Motors AG. The company, headquartered in Steyr, Upper Austria, generated revenues of EUR 41.7 million in the 2024 financial year, with an adjusted EBIT margin of 24 percent. As Steyr Motors AG affirmed on May 14, 2025, the company is aiming a revenue increase of at least 40 percent and an EBIT margin of above 20 percent in 2025. Steyr Motors AG is considered a global leader in the development and production of high-performance customized special engines with high power density and durability. The company´s engines are used for special vehicles and boats for civil and military applications, and as auxiliary power units (APUs) for tanks and locomotives. As a technologically leading niche player, Steyr Motors AG strengthens Austria as a business location.

About the B&C Group

The B&C Private Foundation (www.bcprivatstiftung.at) is an independent foundation. Since its inception in December 2000, its goal has been to foster Austrian entrepreneurship and strengthen Austria’s position as a business location. B&C acts as a stable core shareholder in Austrian industrial companies through its holding companies, the B&C Group (www.bcgruppe.at). It is the core shareholder of Lenzing AG with a 37.25 percent stake, and holds majority stakes of 57.3 percent in Semperit AG Holding and 52.7 percent in AMAG Austria Metall AG. Additionally, the B&C Group holds a 20 percent stake in Steyr Motors AG. Since 2016, through B&C Innovation Investments (www.innovation-investments.at), the B&C Group has been investing in technology-driven growth companies. With a total investment volume of more than EUR 100 million, it currently holds stakes in Awake Mobility, Citrine, Contextflow, Frequentis, Kinexon, Klarx, Neoom, ParityQC, TriLite, and TTTech. The B&C Private Foundation also contributes to strengthening Austria as a business and innovation location through numerous projects and initiatives. These include the Houska Prize (www.houskapreis.at), the eXplore! initiative (www.explore.university), and the MEGA Foundation for Education.