The Supervisory Board and the Management Board of Koenig & Bauer AG declare pursuant to section 161 of the German Stock Corporation Act:

The recommendations of the "Government Commission on the German Corporate Governance Code" as amended on 28 April 2022 ("GCGC 2022") published by the Federal Ministry of Justice in the official section of the Federal Gazette on 27 June 2022 have been complied with since the last Declaration of Compliance on 17 March 2023 with the following exceptions. The company aims to fully comply with the recommendations of the GCGC in the future.

Recommendation A.5 

In accordance with recommendation A.5 GCGC 2022, the essential features of the entire - and not only accounting-related - internal control system as well as the risk management system shall be described in the management report. In addition, a statement is to be made on the appropriateness and effectiveness of the entire internal control system and the risk management system.

The recommendation thus goes well beyond the statutory requirements of Sections 289 (4) and 315 (4) HGB. For this reason, Koenig & Bauer AG currently continues to describe - as required by law - the key features of the internal control system with regard to the accounting process and the risk management system in the combined management report, and thus does not comply with recommendation A.5 GCGC 2022. The company aims to comply with this recommendation in the future..

Wuerzburg, 16 March 2024

Koenig & Bauer AG

For the Supervisory Board: Prof. Dr.-Ing. Raimund Klinkner, Chairman of the Supervisory Board

For the Management Board: Dr. Andreas Pleßke, Chief Executive Officer