DGAP-News: Vossloh Aktiengesellschaft: Vossloh's leading logistics expertise enables successful modernization of the Berlin - Hamburg high-speed line in record time

Vossloh's leading logistics expertise enables successful modernization of the Berlin - Hamburg high-speed line in record time

• Vossloh's services from a single source enable on-time modernization of Deutsche Bahn's Berlin-Hamburg line
• Vossloh was responsible for just-in-time logistics and supplied 400,000 meters of welded long rails

Werdohl, December 15, 2021. Vossloh is one of the main players in the modernization of Deutsche Bahn's main transport lines. Deutsche Bahn has just successfully completed the comprehensive renewal of several track sections with a total length of around 193 kilometers on the Berlin-Hamburg high-speed line at a total cost of around €100 million. Vossloh supplied the pre-manufactured long rails with a total length of around 400,000 meters from its welding plants on a just-in-time basis and was responsible for the overall rail logistics. Since September 11, 2021, 34 long rail units have been working on the project in a logistical masterstroke, mainly at weekends and at night, in order to minimize the impact on traffic. Despite the tightest time frames and enormous quantities of materials, Vossloh met all delivery deadlines and thus made a significant contribution to the successful and scheduled implementation of the line modernization.

"With the implementation of this major project on one of Germany's most important rail links, we have jointly accomplished a truly Herculean task. I would like to thank Deutsche Bahn for the trust placed in us and the more than 100 employees from the Lifecycle Solutions division who have successfully mastered the logistical and time challenges to the complete satisfaction of our customer," says Jan Furnivall, Chief Operating Officer of Vossloh AG, adding: "Following the modernization of the line, Deutsche Bahn can now offer 60 journeys per day on the route between Germany's two largest cities with the change of timetable on 12 December 2021. We are proud that with our tailor-made solutions we are making an important contribution to the necessary change in transport and thus enabling more sustainable mobility."

The modernization project, which has now been completed, is related to Deutsche Bahn's "Strong Rail" strategy, which aims to bring more traffic onto the rails. The funds come for instance from the third "Service and Financing Agreement (LuFV)" concluded between the federal government and Deutsche Bahn in January 2020. According to this agreement, around €86 billion will be invested in the maintenance and modernization of the existing rail network by 2030. This corresponds to an increase in funding of 54 percent compared to the previous agreement. Deutsche Bahn is reportedly investing a record amount of €12.7 billion in the rail infrastructure in 2021.

Contact information for the media:

Andreas Friedemann (Kirchhoff Consult AG)

Phone: +49 (0) 2392 52-608

Email: [email protected]

Contact information for investors:

Dr. Daniel Gavranovic

Phone: +49 (0) 2392 52-609

Email: [email protected]

Vossloh is a globally active technology Group dedicated for over 135 years to quality, safety, reliability, innovation and a focus on the customer. Vossloh's comprehensive range of track-related products and services make the company a leader in the global market in this area. Vossloh provides a uniquely wide range of services: rail fastening systems, concrete ties, switch systems and crossings as well as innovative and increasingly digital-based services for the entire lifecycle of rails and switches. Vossloh uses its extensive understanding of rail infrastructure to meet the key customer need of track network availability.

Vossloh products are in use in more than 85 countries. With close to 80 Group companies in around 30 countries and over 35 production sites, Vossloh is a global company with a local presence. Vossloh is committed to sustainable governance and climate protection and makes an important contribution to sustainable passenger and freight mobility with its products and services.

The Group activities are organized into the three divisions of Core Components, Customized Modules and Lifecycle Solutions. In the 2020 fiscal year, Vossloh achieved sales of about €870 million with approximately 3,500 employees.

Vossloh AG * Vosslohstrasse 4 * 58791 Werdohl, Germany * Telephone +49 (0) 239 252-0 * Fax +49 (0) 239 252-538 * www.vossloh.com

Company headquarters: Werdohl, Germany * Commercial register: Local court of Iserlohn HRB 5292

Chairman of the Supervisory Board: Prof. Dr. Rüdiger Grube

Executive Board: Oliver Schuster (CEO) * Dr. Thomas Triska * Jan Furnivall