Piotr Sroka Appointed President And CEO Of Knorr-Bremse North America While Continuing To Lead Bendix

AVON, Ohio, August 25, 2026 – Knorr-Bremse has announced the appointment of Piotr Sroka as President and CEO, Knorr-Bremse North America, expanding his leadership responsibilities to include oversight and strategic alignment across the company's North American businesses. Sroka will continue to serve as President and CEO of Bendix, LLC.

The appointment reflects Knorr-Bremse's commitment to strengthening collaboration across its North American operations and advancing its One North America vision. Under this approach, the company will increase alignment between its Rail and Commercial Vehicle Systems divisions while maintaining the unique strengths, customer focus, and business accountability of each business.

Throughout his career with Knorr-Bremse and Bendix, Sroka has demonstrated a strong record of business leadership, operational excellence, customer focus, and team development. In his expanded role, he will be responsible for helping drive greater regional alignment, faster decision-making, enhanced collaboration, and profitable growth across North America.

"Piotr has consistently demonstrated the leadership, operational discipline, and customer focus that have helped strengthen our Commercial Vehicle Systems business in North America,” said Bernd Spies, Member of the Executive Board, Commercial Vehicle Systems Division. "As we build on the success of BOOST and advance the objectives of Growth Beyond, his expanded role will help create stronger regional alignment, accelerate decision-making, and enhance our ability to capture long-term growth opportunities. Piotr is exceptionally well positioned to help drive profitable growth and create lasting value for our customers, employees, and stakeholders."

As part of the broader announcement, Knorr-Bremse also shared that Ulisses Camilo will retire as President and CEO of the North America Rail Division, remaining with the company through the end of 2026 as an executive advisor, and that Ilan Elad has been appointed President and CEO of Rail Americas, effective September 14, 2026.

For Bendix employees, customers, suppliers, and business partners, today's announcement does not change current operations, customer commitments, organizational priorities, or the company's focus on delivering industry-leading safety, reliability, and service.

About Bendix Commercial Vehicle Systems LLC

Bendix Commercial Vehicle Systems, a member of Knorr-Bremse, develops and supplies leading-edge active safety technologies, energy management solutions, and air brake charging and control systems and components under the Bendix® brand name for medium- and heavy-duty trucks, tractors, trailers, buses, and other commercial vehicles throughout North America. An industry pioneer, Bendix is driven to deliver the best solutions for improved vehicle safety, performance, and overall operating cost. Contact us at 1-800-AIR-BRAKE (1-800-247-2725) in the U.S. or 1-800-461-1019 in Mexico, or visit bendix.com. Log on and learn from the Bendix experts at brake-school.com. And to learn more about career opportunities at Bendix, visit careers.knorr-bremse.com/.

About Knorr-Bremse

Knorr-Bremse (ISIN: DE000KBX1006, ticker symbol: KBX) is the global market and technology leader for braking systems and a leading supplier of other innovative solutions for the rail and commercial vehicle industry. Knorr-Bremse’s products make a decisive contribution to greater safety and energy efficiency on rail tracks and roads around the world. Around 30,000 employees at over 100 locations in 30 countries develop and produce innovative solutions and services that meet the highest technological standards. In 2025, Knorr-Bremse’s two divisions together generated revenues of approximately € 7.8 billion worldwide. For over 120 years, the Company has been at the cutting edge of its industries, driving innovation in mobility and transportation technologies with a leading edge in connected system solutions. Knorr-Bremse is one of Germany’s most successful industrial companies and profits from the key global megatrends: urbanization, sustainability, digitalization, and mobility.