Press release
Goals for 2022 achieved

DEKRA increases revenue and transforms forthe future•
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D-70565 Stuttgart
www.dekra.com/en/newsroom

Global revenue grows by 7.4% to 3.8 billion euros in the fiscal year 2022
Investments rose by around one-third, reaching 143 million euros
Test services for EV batteries and charging infrastructure in high demandOver 500 service offerings for sustainable business operations
Securing leading positions in Cyber Security and Artificial Intelligence throughacquisitions and joint venture
New market entries in vehicle testing servicesOptimistic outlook for fiscal year 2023: DEKRA expects mid-to-high single
digit revenue growth

DEKRA has successfully increased its revenue as planned in the fiscal year 2022
and completed key strategic projects. "We had the right answers to the challengesof the past year and are very pleased with a boost in revenue of 7.4%," said CEO
Stan Zurkiewicz at the company’s annual press conference. "At the same time, wemanaged to invest heavily in our future business, launch innovative services, andsuccessfully filled two newly created board member positions. This laid the foundations for future profitable growth, Zurkiewicz added."
Revenue rises in Germany, double-digit growth in Americas and Asia-PacificRegions
Inflation, the pandemic, and the war in Ukraine were key challenges for DEKRA in
the past year. Nevertheless, the company was able to rise its global revenue by
7.4% to 3.8 billion euros. The growth in its home market Germany was 9.9% (2.4billion euros), while the strategic growth regions of Americas and Asia-Pacific saw
double-digit sales increase (Americas: +19.9% / 113.5 million euros;
Asia-Pacific: +10.5% / 244.3 million euros).
All business segments contributed to the positive revenue trends in 2022. Vehicle
inspection remained the key business pillar with revenues of 1.3 billion euros(+7.4%). Costa Rica and Spain were added as new markets, putting the company
on track to reach around 30 million vehicle inspections annually by 2025. Highgrowth rates were also achieved in the fields of claims & expertise (+6.5% toDateContact
Phone
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DEKRA e.V.
Corporate Communications
Handwerkstraße 15Stuttgart, 24th April, 2023 / No 032
Uta Leitner+49.711.7861-2877
uta.leitner@dekra.com
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515 million euros) and product testing (+7.3% to 318 million euros). In 2022 thecompany's adjusted operating profit (EBIT) amounted to 226.4 million euros,slightly higher than the previous year (226.0 million euros). The adjusted EBIT
margin was 6.0% (previous year: 6.4%). In the face of rising interest rates andvolatile financial markets, DEKRA increased its already strong equity ratio to 41%(previous year: 33.5%). The company also enhanced investments by around onethird compared to the previous year, totalling 143 million euros. "Even in economically challenging times, we never thought about cutting investments in our future.
On the contrary. In 2022, investments were at an all-time high because we are
keen to grow, both by developing new services and by acquiring companies help
us accelerate our transformation," explained Zurkiewicz. The company also expanded its employee base; by the end of 2022, around 48,600 people were working for DEKRA in about 60 countries.
Optimistic outlook for 2023
DEKRA has started well into 2023: in the first quarter, revenue amounted to990 million euros, 12.8% higher than the previous year. DEKRA CEO Zurkiewicz
is optimistic for the full year results: "We believe that we can continue to grow inthe range a mid-to-high single digit in 2023 despite geopolitical and macroeconomic risks, thanks to our strong market positions worldwide and a compelling
portfolio of new services in our focus areas of future mobility, cyber security, andsustainability."
By 2025, DEKRA aims for clear leading position in new service areas andenhanced profitability
DEKRA presented its Strategy 2025, outlining the company's contribution to whatmight be the greatest societal transformation of our time. At its core, DEKRA's
strategy is focused on safeguarding the countless innovations emerging in thefight against climate change and in the era of digitalization, while eliminating any
associated risks. "For almost 100 years, we have been ensuring safe and securetechnologies, assets, products, and production processes. Currently, innovations
are emerging at an unprecedented pace, which are crucial to fight climate change
effectively. Despite this high rate of innovation, people should feel safe to trust themany new developments in the real and digital economy, whether it's electric vehicles, hydrogen infrastructure, or artificial intelligence (AI)," explained the CEO ofDEKRA. Therefore, DEKRA's primary task is to use its expertise in national andinternational committees to swiftly develop appropriate testing and certification
standards for these novel products and technologies. DEKRA focus will be on Future Mobility, Cyber Security, and Sustainability. Additionally, the nature ofPage 2

DEKRA’s services will evolve, with increased emphasis on remote services, dataanalytics and AI-based services.
By executing its Strategy 2025, DEKRA aims to remain the undisputed global
leader in automotive testing and to become the world's leading provider of tests
and certifications for cyber security and sustainability. The company also aims toimprove profitability and to deliver an average annual EBIT margin of 8 to 9% by
mid-decade. To achieve this, the company is streamlining and digitalizing processes and plans to implement additional measures, such as portfolio adjustments.
Internal changes for profitable growth
In order to best implement its Strategy 2025, DEKRA created two new executive
positions in 2022, and the appointees were announced by the supervisory board
in April 2023: Petra Finke (55) will become the company's first Chief Digitalization
Officer as of July 1, while Peter Laursen (47), who has been working for DEKRA
for ten years, and has already assumed the newly created position of Chief Operating Officer in April. "I am convinced that Petra Finke and Peter Laursen willstrongly contribute to executing our strategic growth plans and accelerating thedigital transformation of DEKRA," commented the CEO on the appointments.
Organizational changes, such as the formation of the GSA region (Germany, Austria, Switzerland), which will be led by Germany’s EVP Guido Kutschera, are also
intended to accelerate DEKRA’s transformation.
Future Mobility: Strong demand for electric mobility services in 2022
DEKRA introduced numerous services for safe and sustainable mobility to themarket in 2022. One of these services was the patented quick test for electricvehicle (EV) batteries, which was rolled out in Germany, Benelux, and Scandinavia. In only a few minutes, a reliable assessment of the "state of health" of thebattery can be carried out. Around 90 vehicle models can already be tested. In
2023, additional models and markets will be added.
In Arnhem, Netherlands, the company opened an open area testing facility formeasuring electromagnetic compatibility (EMC). Unlike conventional EMC facilities, vehicles of all sizes, including electric buses and trucks, can be tested there.
One of the first customers was the Swedish start-up Volta Trucks.

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DEKRA is also actively involved in hydrogen mobility. Since 2022 the experts havebeen supporting the start-up hylane launching the first commercially operated hydrogen-powered truck rental fleet in Germany.
At the DEKRA Technology Center in Klettwitz, Germany, a new test bench forelectric motors and drive axles was put into operation. The powertrain and exhaust
gas laboratory is consistently focused on the future market requirements of electromobility. For example, consumption measurements were made on the prototype of the BMW iX5 Hydrogen car. By 2024, DEKRA will expand the location toa new test centre for automotive and stationary battery systems in order to offer
performance and environmental tests, as well as abuse tests. DEKRA is investinga total of a high double-digit million amount here.
DEKRA to be one-stop-shop for testing automated and connected driving
DEKRA's testing center at the Lausitzring in Klettwitz is set to play an even largerrole in testing automated and connected driving technologies. The company aims
to establish the world's most comprehensive independent testing facility for thesetechnologies. In the past year, DEKRA received construction permits for a new
test field at the location, which is scheduled to be completed in the summer of2023. For vehicle manufacturers, suppliers and development service providers,
DEKRA experts can test automated driving functions on flexible city course scenarios, whether in narrow streets of small towns or in streets of megacities.
In China, in 2022, DEKRA awarded Black Sesame Technologies, after a year ofintensive collaboration, as the world's first provider of automotive-grade computing
chips for autonomous driving with the ISO 26262:2018 ASIL D process certificate.
This standard covers functional safety requirements throughout the entire productlifecycle.
Clear focus: One third of DEKRA's services is dedicated to sustainability“In 2022, we were able to offer over 500 sustainability-related services toward thetransition to clean energy, ESG goals, and building a circular economy,” explained
DEKRA’s CEO, “this accounts for approximately one third of our entire service
portfolio.” The strong growth in service offerings underlines DEKRA's focus onsustainability services. For instance, the company validates the carbon footprintof consumer goods for international clients including Logitech and Olymp.

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DEKRA also secured forward-looking orders in 2022 in the field of renewable energies. The company tests and certifies wind turbines, hydrogen facilities and pipelines, as well as solar modules. In Shanghai, China, DEKRA opened its largest
and most advanced solar laboratory last summer, covering an area of 2,600
square meters for testing. DEKRA covers the entire value chain of clean energies,
including testing, inspection, certification, verification and advisory related to energy generation and its technologies.
"Why can people trust DEKRA? Because our experts are completely impartial. We
operate independently of shareholders, industrial conglomerates, or politicians.
We are guided by our association statutes only, which dictate that our priority isensuring technical safety and security and sustainability of our plants. That is oursole mission," Zurkiewicz added.
DEKRA's commitment to sustainability, both in its business model and in internal
practices, has once again been recognized by independent entities. EcoVadis, theglobal leader in sustainability assessments for global value chains, has awarded
DEKRA with another Platinum medal in 2023. "We are proud to be among the top
1% of sustainable companies in the ranking," said CFO Wolfgang Linsenmaier,
who is also responsible for sustainability in DEKRA's executive board.
Securing a leading position in Cyber Security and Artificial Intelligencethrough acquisitions and joint ventures
Today, safety means protecting physical integrity, but also protection against data
breaches and cyber-attacks. This is especially critical in sectors such as automotive and medical industries, critical infrastructures like power grids, consumer Internet of Things (IoT), as well as the information and communication sector. Accordingly, DEKRA focuses on developing standards and testing procedures forthese industries. and is the first global provider to offer a specialized cyber security
test seal for electric vehicle charging stations. "Our offer supports manufacturersof charging equipment to better protect their products against the most common
threats posed by cyber criminals," said the DEKRA CEO. DEKRA is also wellpositioned in the area of mobile app security. Since last year, DEKRA has been
one of only five companies worldwide authorised by the ADA (App Defense Alliance) that provide security assessments for Google Play Store apps. This allows
Google partners and app developers to quickly and reliably assess whether theirsoftware complies with industry standards such as Mobile Application Security As-Page 5

sessment (MASA). DEKRA's recent acquisition of Onward Security in Taiwan further strengthens its presence in the Asia-Pacific region, offering established solutions in key segments.
"Cyber security is expected to reach a global market volume of around 250 billion
euros by 2035," said Stan Zurkiewicz, DEKRA's CEO. "We aim to make significant
impact on that market."With experts projecting a total volume of $150 billion by 2028, DEKRA also recognizes the significant growth potential in the field of Artificial Intelligence (AI). Ensuring secure and safe AI applications is time-critical given the current dynamics
in a not yet regulated market. DEKRA supports clients in their effort to guaranteethat their AI technology is reliable, secure, and safe through our testing and advisory services. To this end, DEKRA plans to establish the joint venture CertifAI incollaboration with PwC, the leading audit and consulting firm and City of Hamburg’s Innovation Fund. CertifAI aims to certify AI applications their trustwithiness.
Building and strengthening trust in the capabilities of Artificial Intelligence requires
certifying AI applications in a trustworthy manner, according to the partners.
DEKRA Annual Report 2022/23
https://gb2023.dekra-online.de/enCaption
DEKRA Management at the annual press conference 2023 (f.l.): Wolfgang Linsenmaier,
Member of the Management Board DEKRA e.V. and DEKRA SE (CFO), Stan Zurkiewicz,
Chairman of the Management Board DEKRA e.V. and DEKRA SE (CEO), Peter Laursen,
Member of the Management Board DEKRA SE (COO). Photo: DEKRA
About DEKRA
DEKRA has been active in the field of safety for almost 100 years. Founded in 1925 inBerlin as Deutscher Kraftfahrzeug-Überwachungs-Verein e.V., it is today one of theworld’s leading expert organizations. DEKRA SE is a subsidiary of DEKRA e.V. and manages the Group’s operating business. In 2022, DEKRA generated sales totaling nearly
EUR 3.8 billion. The company currently employs almost 49,000 people in approximately
60 countries on five continents. With qualified and independent expert services, they provide safety on the road, at work and at home. These services range from vehicle inspection and expert appraisals to claims services, industrial and building inspections, advisory
and training services, testing and certification of products and systems, also in the digitalworld, as well as temporary work. The vision for the company’s 100 th birthday in 2025 isthat DEKRA will be the global partner for a safe, secure, and sustainable world. With aPage 6

platinum rating from EcoVadis, DEKRA is now ranking in the top one percent of sustainable businesses.

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