AKWEL: PROBABLE NON-RECURRING CHARGE FOR FISCAL 2025

Core Viewpoint - AKWEL is expected to incur a non-recurring charge of approximately -19 million euros for the fiscal year 2025 due to a customer agreement addressing quality issues related to SCR tanks, which resolves ongoing litigation [3]. Company Overview - AKWEL is a systems supplier to the automotive and truck industries, specializing in fluid management, mechanisms, and structural parts for electric vehicles [2][4]. - The company operates in 20 countries across five continents and employs around 8,600 people globally [5]. Financial Impact - The one-off charge of around -19 million euros will occur after reversing provisions already set aside for this purpose, although it may be partially mitigated by insurance coverage [3]. - AKWEL will provide further details once the amounts covered by its insurance partners are validated [3]. Future Communications - The next press release regarding first-half 2025 sales is scheduled for July 24, 2025, after the close of trading [4].