Hyster-Yale HY

Rajiv K. Prasad is Chairman of the Board, Chief Executive Officer and President, a Director, and has served in these roles since May 2023, February 2021, and 2023, respectively. Chief Executive Officer of the Company since May 2023 to present. President of the Company since February 2021 to present. President and Chief Executive Officer of HYMH from prior to 2021 to December 2024 and Chairman of HYMH from January 2025 to present.

Alfred M. Rankin, Jr. is Executive Chairman and Chairman, HYMH, a Director, and has served in these roles since May 2023 and since the Spin-Off, respectively. Executive Chairman of the Company since May 2023 to present and Chairman of HYMH since prior to 2021 to December 2024. Chairman and Chief Executive Officer of the Company from prior to 2021 to May 2023. President of the Company since prior to 2021 to February 2021. Since prior to 2021 to present, Non-Executive Chairman of NACCO and NACCO's principal subsidiary, NACCO Natural Resources Corporation. Since prior to 2021 to present, Non-Executive Chairman of HBBHC and its principal subsidiary, Hamilton Beach Brands (HBB).

On August 1, 2026, the Board of Directors of Hyster-Yale, Inc. appointed Anthony J. Salgado as Chief Operating Officer of the Company effective August 1, 2026. Prior to his appointment as Chief Operating Officer, Mr. Salgado served as President and Chief Executive Officer of Hyster-Yale Materials Handling, Inc., the Company's principal operating subsidiary. Mr. Salgado became President and Chief Executive Officer of Hyster-Yale Materials Handling in January 2025. In this role, he is responsible for the overall performance of the company's lift truck business and growth strategy globally, as well as the evolution and execution of the company's vision, mission and strategic initiatives. With over 28 years of experience in the materials handling industry, Mr. Salgado has a proven track record of driving growth and innovation. He joined the company in 2016 as Senior Vice President, Japan, Asia-Pacific, India and China, and then served as Chief Operating Officer before being promoted to his current role. Prior to joining Hyster-Yale Materials Handling, Mr. Salgado held the role of Vice President and Corporate Officer of UniCarriers Corporation (formerly Nissan Forklift), and President of the Americas Division. During his 15 years with UniCarriers/Nissan, his experience also included leadership roles in quality, manufacturing, and aftermarket operations, including the role of Vice President, manufacturing operations. During this time, Mr. Salgado was also a member of the Industrial Truck Association Board of Directors and Executive Committee. He previously held positions with GE Appliances and GE Capital in Six Sigma and Quality leadership roles, as well as served as a Lieutenant in the United States Navy, completing tours as a Surface Warfare Officer aboard the USS Fort McHenry and as the Executive Officer of the US Navy Ceremonial Guard in Washington, DC. Mr. Salgado holds a Bachelor of Science degree in Aerospace Engineering from the United States Naval Academy.

Charles F. Pascarelli, Senior Vice President and President, Americas of Hyster-Yale Materials Handling Inc.

Dennis W. LaBarre is an Independent Director and has served in this role since 2012. Retired Partner of Jones Day (a law firm). From prior to 2021 to present, Director of NACCO. From prior to 2021 to present, Director of HBBHC.

Carolyn Corvi is an Independent Director and has served in this role since 2012. Retired Vice President and General Manager - Airplane Programs of The Boeing Company (an aerospace company). From prior to 2021 to May 2024, Director of United Continental Holdings, Inc. (an airlines company). From prior to 2021 to present, Director of ATI Inc. (a producer of high-performance materials).

John P. Jumper is an Independent Director and has served in this role since 2012. Retired Chief of Staff, United States Air Force. From prior to 2021 to present, President, John P. Jumper & Associates (aerospace consulting). From prior to 2021 to present, Director of NACCO. From prior to 2021 to May 2025, Director of HBBHC.

Edward T. Eliopoulos is an Independent Director and has served in this role since 2020. Retired Partner of Ernst & Young LLP (a public accounting firm).

J.C. Butler, Jr. is a Director and has served in this role since 2012. President and Chief Executive Officer of NACCO Industries, Inc. (NACCO) (a mining and natural resources company and our parent company prior to our spin-off in 2012) since prior to 2021. Director of NACCO since prior to 2021 and of Hamilton Beach Brands Holding Company (HBBHC) (a designer, manufacturer and distributor of home appliances and commercial restaurant equipment) since prior to 2021. Mr. Butler also serves on the boards of the National Coal Council and the National Mining Association and is a member of the Management Committee of the Lignite Energy Council.

Colleen R. Batcheler is an Independent Director and has served in this role since 2023. Senior Vice President, External Affairs, General Counsel and Corporate Secretary, Hormel Foods Corporation (a global branded food company) (Hormel Foods) from May 2025 to present, and Senior Vice President, External Affairs and General Counsel of Hormel Foods from June 2024 to April 2025. Executive Vice President, General Counsel and Secretary of Hertz Global Holding, Inc. (a worldwide vehicle rental company) from May 2022 to April 2024. Executive Vice President, General Counsel and Corporate Secretary of Conagra Brands, Inc. (a food manufacturer) from prior to 2021 to April 2022.

James B. Bemowski is an Independent Director and has served in this role since 2018. Retired Senior Advisor for Doosan Corporation (a South Korean Conglomerate). Since prior to 2021 to present, a member of Claremont McKenna College Board of Trustees and a member of the Board of Advisors of Southern Capital (a Singapore-based private equity firm). As of July 2025, Chairman, Emeritas of the Corporate Directors Roundtable of Orange County.

H. Vincent Poor is an Independent Director and has served in this role since 2017. Michael Henry Strater University Professor of Electrical Engineering at Princeton University since prior to 2021 to present; Professor of Electrical Engineering since prior to 2021 to present; Associated Faculty, Princeton Environmental Institute since prior to 2021 to present; Associated Faculty, Program in Applied and Computational Mathematics since prior to 2020 to present; Associated Faculty, Andlinger Center for Energy and Environment since prior to 2021 to present. A member of the U.S. National Academy of Engineering and a former Guggenheim Fellow.

Ann A. O'Hara is an Independent Director and has served in this role since 2024. Advisor to Huhtamaki OYJ's North America business segment (a producer of fiber, paper and plastic-based consumer primary packaging, food service packaging and retail disposable tableware products) from March 14, 2026 to present. President of Huhtamaki OYJ's North America business segment from prior to 2021 to March 13, 2026.

Gary L. Collar is an Independent Director and has served in this role since 2024. Retired Senior Vice President and General Manager of Europe, Africa and Middle East region, followed by the Asia Pacific and Africa region at AGCO Corporation (a manufacturer and marketer of agricultural machinery and solutions). From prior to 2021 to February 2026, Director of Hillenbrand, Inc. (a global diversified industrial goods and machinery company). From April 2024 to present, Director of Proventia Group Oyj (a private company focused on emission controls).

David B.H. Williams is a Director and has served in this role since 2020. President and Partner of the law firm Williams, Bax & Saltzman, P.C. from prior to 2021 to present.

Claiborne R. Rankin is a Director and has served in this role since 2012. Managing Director of NCAF Management, LLC, the managing member of North Coast Angel Fund, LLC (a private firm specializing in venture capital and investments) from prior to 2021 to present. Managing Partner of Sycamore Partners, LLC, the Managing Director of NCAF Management II, LLC and managing member of North Coast Angel Fund II, LLC (each a private firm specializing in venture capital and investments) from prior to 2021 to present. Mr. C. Rankin also serves as Chairman of the Board of TPA Stream Inc. (a benefits administration technology company) since prior to 2021 to present. Mr. C. Rankin also is a Director of the Angel Capital Association since May 2020 to present.

Britton T. Taplin is a Director and has served in this role since 2012. Self-employed (personal investments). From prior to 2021 to present, Mr. Taplin serves as a Director of NACCO. From prior to 2021 to present, Mr. Taplin serves as a Director of HBB.

Jon C. Taylor, Chief Financial Officer of HYMH (from February 2022). Other Positions: VP Finance of HYMH (from July 2020 to January 2022), President, Nuvera Fuel Cells (from prior to 2020 to June 2020).

On March 1, 2024, the Board of Directors of Hyster-Yale Materials Handling, Inc. appointed Dena R. McKee as Vice President, Controller and Chief Accounting Officer of the Company, effective immediately. Ms. McKee joined the Company as Vice President, Controller of the Company's wholly owned operating subsidiary, Hyster-Yale Group, Inc. in February 2024 and will continue to serve in this role after the Effective Date. Prior to joining the Company, Ms. McKee served as a Senior Consultant for Resources Connection LLC (d/b/a Resources Global Professionals or RGP), a subsidiary of Resource Connection, Inc., a global consulting firm, from October 2023 to February 2024. Previously, she worked for Resideo Technologies, Inc., a global manufacturer of technology-driven products and components, as Senior Director, Corporate Controller from September 2022 to May 2023; Cornerstone Building Brands, Inc., a manufacturer of exterior building products, as Senior Vice President, Corporate Controller from September 2020 to September 2022; and Follett Corporation, a provider of educational services and products, as Director, Technical & Accounting Excellence from February 2019 to September 2020.

Stewart D. Murdoch, Senior Vice President, Managing Director, Europe, Middle East and Africa of HYMH (from October 2020). Other Positions: General Manager, Director and Head of EMEA North and Australasia, Habasit (UK), Ltd. (an industrial company) (from prior to 2020 to September 2020).

Suzanne S. Taylor, Senior Vice President, General Counsel and Secretary of Hyster-Yale (from prior to 2020), Senior Vice President, General Counsel and Secretary of HYMH (from prior to 2020).

Mr. Matheus de C. Thaumaturgo, President, APIC of HYMH (from July 2024). Other Position: Managing Director for HYMH in Brazil (from prior to 2020 to June 2024).