Overview

• Continental's auto supplier division, Aumovio, will be spun off as a separate entity with a stock market listing planned for October 2025.
• Shareholders overwhelmingly approved the spin-off with 99.95% of votes in favor during the April 25, 2025, annual meeting in Hannover.
• The spin-off will be executed as a pure spin-off, transferring shares of Aumovio to existing Continental shareholders without generating cash proceeds for the company.
• More than 10,000 jobs have already been cut in administration and R&D as part of efforts to address ongoing losses in the auto supplier division.
• Continental also plans to divest its ContiTech polymer unit by 2026, leaving the company focused solely on its historically successful tire business.