TRATON to be Uplisted to the MDAX

Munich, June 6, 2024 – TRATON SE announced its upcoming transition from the SDAX to the MDAX. This shift, effective from June 24, 2024, signifies TRATON’s rising market status as it joins the index tracking the 50 largest companies after DAX-listed firms on the Frankfurt stock exchange.

TRATON’s market capitalization of approximately €17 billion, with 10.28% of its 500 million shares in free float, facilitated this move. Volkswagen holds the majority of the shares. CFO and CHRO Dr. Michael Jackstein highlighted the company's strong 2023 performance and positive start to 2024 as crucial in achieving the uplisting.

Initially listed in Frankfurt and Stockholm on June 28, 2019, TRATON's shares have shown significant growth. The company aims to enhance efficiency and customer services while pushing forward its sustainable transportation agenda.