Krones AG is a German multinational company that designs, manufactures, and sells

packaging and bottling equipment for the food and beverage industry. The company
was founded in 1951 by Hermann Kronseder and is headquartered in Neutraubling,
Germany.

Krones AG is one of the world's leading manufacturers of packaging and bottling

equipment. The company's product portfolio includes filling and packaging machines,
labeling and inspection systems, as well as intralogistics solutions. Krones offers a
wide range of equipment for the production of beverages, food, and liquid food
products, as well as equipment for breweries and dairies.

One of the main areas of focus for Krones is the development of highly efficient and
sustainable equipment. The company has a strong commitment to using energy-
efficient technologies and reducing the environmental impact of its products. For
example, Krones has developed a number of machines that use less water and energy
than traditional equipment. The company also offers recycling solutions for used
packaging materials.

In addition to manufacturing and selling equipment, Krones AG also provides a range

of services to its customers. These include consulting, planning, installation, and
maintenance of equipment, as well as training for operators. Krones has a global
presence with more than 30 subsidiaries and more than 80 agencies worldwide.

In recent years, Krones has expanded its presence in the Asian market, particularly in
China and India. The company has also invested heavily in research and development
to stay at the forefront of technological advancements in the industry.

Krones has been recognized for its commitment to sustainability, having received a
number of awards, such as the German Packaging Award, the German Sustainability
Award and others. The company is also listed in various sustainability indexes like the
MSCI World Sustainability Index, Dow Jones Sustainability Indices and the STOXX
Global ESG Leaders.

Overall, Krones AG is a leading player in the packaging and bottling equipment

industry with a strong commitment to sustainability and efficiency. The company's
wide range of products and services, combined with its global presence, make it well
positioned to serve customers in the food and beverage industry.