TRATON AG

Dana Incorporated, through its Victor Reinz brand, will supply cylinder-head gaskets for TRATON's new 13-liter common base engine (CBE). Serial production at Dana's Neu-Ulm facility will ramp up to approximately 200,000 gaskets per year by 2025, covering Scania, Navistar and MAN trucks and buses.

Tupy S.A. announced an agreement to acquire MWM do Brazil, a wholly owned indirect subsidiary of Navistar International Corporation (a TRATON SE subsidiary), to extend services including machining, assembly, and engineering, and enter new sectors such as energy and decarbonization.

TRATON SE and Navistar International Corporation entered into a definitive merger agreement for TRATON to acquire all outstanding shares of Navistar not already owned at $44.50 per share in cash. TRATON currently owns 16.7% of Navistar.

Navistar announced a $125 million expansion of its Huntsville, Alabama engine plant, adding 145 jobs over three years. The factory will produce a new truck powertrain developed with TRATON.

TRATON AG and Hino Motors Ltd announced two strategic initiatives: cooperation in e-mobility and a plan to establish a procurement joint venture. The partnership builds on an agreement signed in April 2018.