Leonardo: acquisition of 25,1% of HENSOLDT AG finalized

(To Leonardo)

Leonardo today finalized the acquisition from Square Lux Holding II S.à rl, a company controlled by funds assisted by Kohlberg Kravis & Roberts & Co. LP, of the 25,1% stake in HENSOLDT AG ("HENSOLDT"), a leading company in Germany in the field of sensors for defense and security applications, with an ever-expanding portfolio in sensors, data management and robotics, at a price of € 606 million.

The transaction is an important step that contributes to achieving the strategic objective of acquiring a leadership position in the European Defense Electronics market, as defined in the "Be Tomorrow - Leonardo 2030" Plan, and reflects Leonardo's determination to to be the protagonist of the consolidation process underway, also in view of future cooperation programs at continental level.

This investment will in fact allow Leonardo to establish a long-term strategic presence in the rapidly growing German defense market and to strengthen the long-standing partnership between the two companies through the definition of collaborative initiatives for the development of joint opportunities in able to satisfy the most advanced requirements of domestic and international customers in the Air, Land and Naval domains, leveraging on a strong complementarity between the two companies in terms of geography, product portfolio, markets, customers and suppliers.

With this operation, Leonardo, thanks to a consolidated industrial presence in Italy, United Kingdom, USA and Poland, inaugurates a new strategic partnership with a leading industrial reality in the Aerospace, Defense and Security sector in Germany which will contribute to the sustainable growth of the respective industries. at national level, guaranteeing strategic autonomy on key technologies with a view to making a concrete contribution to the competitiveness of the European industrial base.