FRIWO completes sale of its DIN rail power supply business

FRIWO completes sale of its DIN rail power supply business

• Cash inflow of around 10 million euros from transaction
• Financial strengthening, focus on growth initiatives, and improved profitability to be consistently pursued
• Expansion of innovation pipeline bears first fruits

Ostbevern, October 31, 2025 – FRIWO – an international product and system provider of power supplies and charging technology – has, as announced, completed the sale of its business with customer- and application-specific power supply solutions for DIN rails. The buyer is a well-known component and system manufacturer in the field of electrical engineering, electronics, and automation, which was also the sole customer for the FRIWO products and services in question. The divested activities, which generated around 10 million euros in revenue with solid profitability in fiscal year 2024, had no organizational or synergistic connection to FRIWO's other activities. The cash inflow amounts to just under double-digit millions of euros and, as announced, will be invested in the continued strengthening of the balance sheet as well as in the expansion and technological development of the Group.

“With the closing of the sale of our power supply solutions for DIN rails, we have successfully completed the streamlining of our portfolio and are now focusing firmly on growth drivers with good profitability,” comments Dominik Woeffen, member of the Executive Board of FRIWO AG. Chief Financial Officer Ina Klassen adds: “Thanks to the cash inflows from the transactions, we will put FRIWO on a healthy footing by the end of 2025. The increased internationalization that has already begun and the investments in forward-looking innovations are already bearing fruit.”

Financial restructuring of the Group successfully completed – investments in the future are beginning to bear fruit

As announced, the equity ratio is to be increased to more than 30% by the end of 2025. The cash inflow from the already completed joint venture sale in India had already led to the complete repayment of the loan liabilities to the consortium of German banks by the end of July 2025. This successfully completed the financial restructuring of the Group. The further cash inflow now expected will enable increased investment in future expansion and the strengthening of the Group's position as a leading system provider of power supply solutions. Since the beginning of the year, important strategic decisions have been made with regard to the global realignment of the sales organization and internationalization, for example in North America and Asia. Thanks to the clear focus on expanding the company's innovation pipeline, initial order successes have been achieved with existing and new customer groups, which should also be reflected in operational development from the second half of 2026 onwards. The goal of the growth program remains unchanged: to increase consolidated sales by at least a high single-digit percentage annually until 2029 and to achieve an EBIT margin of more than 5% in the medium term.

Further information about the company can be found on the investor relations pages of

FRIWO at: www.friwo.com/en/about/investor-relations/

Next publication date: November 6, 2025 - Press release for the third quarter of 2025.

Contact investor relations and media

FRIWO AG

Vivian Hage     Peter Dietz

+49 (0) 2532 81 0    +49 (0) 69 97 12 47 33

ir@friwo.com     dietz@gfd-finanzkommunikation.de

About FRIWO:

FRIWO AG, listed in the General Standard of the Frankfurt Stock Exchange and headquartered in Ostbevern/Westphalia, is an international manufacturer of technically leading power supply and charging solutions. FRIWO offers a wide range of applications with customized systems from a single source. Founded in 1971, the company has evolved into a full-range provider of sophisticated and tailored solutions in the five business segments E-Mobility, Transportation & Logistics, Medical & Healthcare Solutions, Industrial Applications, Specialized Tools & Equipment, and Lifestyle Solutions. The product portfolio includes technologically advanced power supplies, chargers and battery packs. With modern development centres, production facilities, and sales locations in Europe, Asia, and the USA, FRIWO is present in all the world’s major markets. FRIWO’s most important customers are leading brands in their respective markets and rely on FRIWO products to provide their customers with the highest quality. The main shareholder of FRIWO AG is a subsidiary of VTC GmbH & Co. KG, Munich. For more information, please visit our website at https://www.friwo.com.