Austria

Third unconditional clearance in Austria following in-depth Phase II merger control review. 18 February 2026. The competition practice of bpv Huegel secured a major success for Westinghouse Air Brake Technologies Corp (Wabtec) to obtain unconditional merger-control approval before the Austrian Supreme Court for the acquisition of Dellner Couplers. Wabtec has internationally been represented by Jones Day. The completion of the acquisition was announced by Wabtec on 11 February 2026. The Austrian Federal Competition Authority (Bundeswettbewerbsbehörde – BWB) and the Federal Cartel Prosecutor (Bundeskartellanwalt – together with the BWB the Official Parties) feared considerable reduction in horizontal competition partly attributable to high market shares of the involved companies. The Official Parties requested an in-depth Phase II review by the Austrian Cartel Court, which approved the merger. Following an appeal by the Official Parties, the case was finally cleared in favor of Wabtec by the Austrian Supreme Court. Dellner Couplers is a Sweden-based highly engineered safety-critical train connection systems producer for passenger rail rolling stock. It has a global installed base of approximately 100,000 couplers and an extensive offering in train connection systems, with production, assembly and aftermarket services’ facilities in 13 countries serving over 200 customers. (www.dellner.com) Wabtec (listed NYSE: WAB) is focused on creating transportation solutions that move and improve the world. The Company is a leading global provider of equipment, systems, digital solutions and value-added services for the freight and transit rail industries, as well as the mining, marine and industrial markets. Wabtec has been a leader in the rail industry for over 155 years and has a vision to achieve an efficient rail system in the U.S. and worldwide. (www.wabteccorp.com). The team of bpv Huegel led by Florian Neumayr, included Sebastian Reiter and Stefan Holzweber as senior members of bpv Huegel’s competition practice. “In Austria, this is only the third merger control approval without remedies in Phase II (unconditional clearance), two of which were successfully obtained by bpv Huegel for our clients,” comments Florian Neumayr, Co-managing Partner at bpv Huegel. About bpv Huegel As one of Austria's leading law firms, bpv Huegel advises national and international clients in all sectors. It is regarded as the first address for highly complex mandates, the handling of which requires specialised tax and legal knowledge, many years of experience and economic understanding. With its Brussels office, bpv Huegel has a competence centre for EU law, European merger and antitrust law as well as regulatory and public procurement law located directly at the European institutions. bpv Huegel is a member of the "bpv LEGAL" alliance with offices in Bratislava, Bucharest, Budapest and Prague and thus offers tailor-made solutions throughout CEE. In addition, the firm has long-standing cooperation agreements with leading international law firms worldwide. The full-service law firm was founded in 1979 and is represented in Austria by offices in Vienna, Baden and Salzburg, where it employs around 100 staff, including around 50 lawyers. Contact bpv Hügel Rechtsanwälte GmbH Alina Burlacu PR and Communications T: + +43 1 26050-0 [email protected]

Vienna, 5 February 2026. bpv Huegel has provided comprehensive legal and tax advice to the German investment company Odewald KMU and its portfolio company HiOffice Group in connection with the acquisition of Morawitz Consulting GmbH. Completion of the transaction took place at the end of January. Thomas Lettau led the bpv Huegel team, which advised the buy-side together with Heuking on all legal and tax aspects of the transaction. This included conducting legal and tax due diligence, structuring the transaction, and preparing, negotiating and implementing the transaction documentation. Advice was also provided on transaction financing. With the acquisition of Morawitz Consulting, the HiOffice Group is strengthening its position as a comprehensive provider of technology- and AI-supported end-to-end solutions in recruitment process outsourcing. The transaction represents a further step in HiOffice Group’s buy-and-build strategy. bpv Huegel team: Thomas Lettau (Corporate/M&A), Nicolas Wolski (Tax), Johannes Mitterecker (Corporate/M&A), Kornelia Wittmann (Tax), Ingo Braun (Finance & Regulatory), Paul Pfeifenberger (Real Estate), Walter Niedermüller (Employment Law), Tim Pasternak (Corporate/M&A) and Laurenz Kainrath (Corporate/M&A). About bpv Huegel As one of Austria's leading law firms, bpv Huegel advises national and international clients in all sectors. It is regarded as the first address for highly complex mandates, the handling of which requires specialised tax and legal knowledge, many years of experience and economic understanding. With its Brussels office, bpv Huegel has a competence centre for EU law, European merger and antitrust law as well as regulatory and public procurement law located directly at the European institutions. bpv Huegel is a member of the "bpv LEGAL" alliance with offices in Bratislava, Bucharest, Budapest and Prague and thus offers tailor-made solutions throughout CEE. In addition, the firm has long-standing cooperation agreements with leading international law firms worldwide. The full-service law firm was founded in 1979 and is represented in Austria by offices in Vienna, Baden and Salzburg, where it employs around 100 staff, including around 50 lawyers. Contact bpv Hügel Rechtsanwälte GmbH Alina Burlacu PR and Communications T: +43 1 26050-0 M: [email protected] https://www.bpv-huegel.com

ams-OSRAM sells its non-optical analog/mixed-signal sensor business for automotive, industrial, and medical applications to Infineon for EUR 570 million. 16 February 2026. bpv Huegel advised ams-OSRAM AG on Austrian law in connection with the sale of its non-optical sensor business to Infineon Technologies AG. The transaction covers the non-optical analog/mixed-signal sensor business for automotive, industrial, and medical markets. The portfolio sold generated annual revenues of around EUR 220 million and adj. EBITDA of EUR 60 million in 2025. Around 230 employees will transfer to Infineon. The transaction is subject to customary regulatory clearance, including merger control approvals, and is expected to be completed in the second quarter of 2026. A cross-practice team at bpv Huegel led by Christoph Nauer (partner, Corporate/M&A, Capital Markets) advised ams-OSRAM on the transaction. The team included Johannes Mitterecker (Corporate/M&A), Paul Pfeifenberger (Employment), Nicolas Wolski (Tax), Christian Schneider (Public Law), Sonja Dürager (IP), Patrick Nutz-Fallheier (Corporate/M&A, Capital Markets), Filip Lukacic (Public Law), and Daniel Maurer (Corporate/M&A). Legal advice to ams-OSRAM was provided in cooperation with Linklaters LLP as transaction counsel. The ams OSRAM Group (SIX: AMS) is a global leader in innovative lighting and sensor solutions. Around 19,700 employees worldwide focus on pioneering innovations related to societal megatrends such as digitalization, smart living and sustainability. The Group, headquartered in Premstätten/Graz (Austria) and with a co-headquarters in Munich (Germany), generated revenues of EUR 3.4 billion in 2024 and is listed on the SIX Swiss Exchange as ams‑OSRAM AG (ISIN: AT0000A3EPA4). Infineon is a leading global provider of semiconductor solutions for power systems and IoT. Founded in 1999, the company is headquartered in Neubiberg (Munich district) and generated revenue of around EUR 14.7 billion in fiscal year 2025 with approximately 57,000 employees. Infineon is listed on the Frankfurt Stock Exchange and in the US on the OTCQX International over-the-counter market. About bpv Huegel As one of Austria's leading law firms, bpv Huegel advises national and international clients in all sectors. It is regarded as the first address for highly complex mandates, the handling of which requires specialised tax and legal knowledge, many years of experience and economic understanding. With its Brussels office, bpv Huegel has a competence centre for EU law, European merger and antitrust law as well as regulatory and public procurement law located directly at the European institutions. bpv Huegel is a member of the "bpv LEGAL" alliance with offices in Bratislava, Bucharest, Budapest and Prague and thus offers tailor-made solutions throughout CEE. In addition, the firm has long-standing cooperation agreements with leading international law firms worldwide. The full-service law firm was founded in 1979 and is represented in Austria by offices in Vienna, Baden and Salzburg, where it employs around 100 staff, including around 50 lawyers. Contact bpv Hügel Rechtsanwälte GmbH Alina Burlacu PR and Communications T: +43 1 26050-0 M: [email protected] https://www.bpv-huegel.com

E+H acted as legal counsel to HYPO-BANK BURGENLAND Aktiengesellschaft in connection with the acquisition of 100% of the shares in Austrian Anadi Bank AG. The share purchase agreement was signed on 6 January 2026, with closing taking place on 5 February 2026.   Austrian Anadi Bank AG, headquartered in Klagenfurt, is the former HYPO ALPE-ADRIA BANK AG and provides banking services to SMEs, municipalities and public sector entities in Austria and Germany. HYPO-BANK BURGENLAND Aktiengesellschaft, based in Eisenstadt, is part of the GRAWE Banking Group and offers banking and financing solutions to private clients, SMEs and corporate customers. The bank has a long-standing presence in Burgenland and, following a transaction last year, in Carinthia and operates within the GRAWE banking group’s multi-brand structure. E+H, lead by partners Peter Winkler and Philipp Schrader, advised HYPO-BANK BURGENLAND Aktiengesellschaft on all legal aspects of the transaction, including corporate, regulatory, employment and financing matters, and supported the client throughout the entire acquisition process, including coordination with the involved stakeholders and regulatory authorities. E+H Team Lead: Peter E.J. Winkler & Philipp Schrader (lead partners, Corporate + M&A, Banking + Finance) Further: Marcus Benes (Partner, Corporate + M&A, Banking + Finance), Jana Eichmeyer (Partner, Employment), Christian Jöllinger (Partner, Corporate + M&A, Banking + Finance), Dieter Thalhammer (Partner, Antitrust + Competition), William Redl (Partner, Antitrust + Competition), Franziska Egger (Attorney-at-Law, Employment), Markus Feneberger (Associate, Corporate + M&A), Mirjam Harrich (Associate, Corporate + M&A), Alexandra Pichler (Associate, Employment), Anton Raschhofer (Associate, Corporate + M&A), Paul Rois (Associate, Antitrust + Competition), Yvonne Wohlmuth (Associate, Corporate + M&A). _____________________________________________________________________ E+H is an international commercial law firm with offices in Vienna, Graz, and Brussels that takes legal advice to the next level. The firm regularly receives awards and top spots in international rankings and directories, such as Chambers & Partners Global & Europe, Legal 500, JUVE, and Mergermarket. www.eh.at   Questions & Contact Philipp Schrader Partner E+H Rechtsanwälte GmbH +43 676 836 47 280 | [email protected]