Hyster-yale, Inc. · NYSE:HY

Hyster-yale — Hyster-Yale Materials Handling — Q2 2025 Earnings Presentation

71 slides from Hyster-yale's earnings presentation, Aug 6, 2025

  1. Slide 1: Q2 2025 Investor Presentation

    Q2 2025 Investor Presentation

  2. Slide 2: Safe Harbor Statement and Disclosure

    Safe Harbor Statement and Disclosure This presentation includes forward-looking comments subject to important risks and uncertainties. It may also contain financial measures that are not in conformance with accounting principles generally accepted in the United States of America (GAAP). Refer to Hys

  3. Slide 3: Q2 2025 Quarterly Overview

    Q2 2025 Quarterly Overview sTERvALe|

  4. Slide 4: Hyster-Yale (NYSE: HY)

    Hyster-Yale (NYSE: HY) One company with two businesses, each offering a full line of products and services 1 LIFT TRUCKS – Core Business 2 BOLZONI – Attachment Business Provide essential transport solutions for Enable lift truck versatility for handling warehouse and industrial applications. unique

  5. Slide 5: Hyster-Yale at a Glance – Q2 2025

    Hyster-Yale at a Glance – Q2 2025 CONSOLIDATED $957M $9M $7M $14M $2M REVENUES OPERATING ADJUSTED NET LOSS ADJUSTED NET LOSS OPERATING LOSS (2) PROFIT (2) SEGMENTS $M LIFT TRUCK(1) BOLZONI(1) Operating Profit (Loss) $(11) $2 Adjusted Operating Profit (Loss)(2) $5 $2 _____________________ (1) These e

  6. Slide 6: Key Takeaways – Q2 2025

    Key Takeaways – Q2 2025 RESULTS IN LINE WITH LIQUIDITY BOOKING DECLINE 2025 FINANCIAL COMPANY OUTLOOK EXPECTATIONS $300M $330M CREDIT FACILITY Full year 2025 UNIT BOOKINGS VALUE $957M EXTENDED TO 2030 -44% vs. Q1 ‘25 projected to be below Reduced borrowing rates; robust 2024 results REVENUE -18% vs.

  7. Slide 7: Results for Q2 2025 vs. Prior Year

    Results for Q2 2025 vs. Prior Year HY CONSOLIDATED LIFT TRUCK(1) BOLZONI(1) ($M) Q2 2025 Q2 2024 VARIANCE Q2 2025 Q2 2025 Revenues $957 $1,168 $(212) $904 $91 Adjusted Operating Profit (Loss)(2) $7 $96 $(89) $5 $2 Adjusted Net Income (Loss)(2) $(2) $63 $(65) — — Adjusted EBITDA(2) $21 $110 $(89) $16

  8. Slide 8: Quarterly Cash and Debt Positions

    Quarterly Cash and Debt Positions Q2 2025 CASH FLOW ACTIVITY NET DEBT / ADJUSTED EBITDA ($M) Net Debt Net Debt / Adjusted EBITDA 8.0 As of 6/30/25: 500 7.0 • $300M revolving credit facility renewed 406 400 6.0 ‒ Extended maturity to 2030 5.0 300 ‒ Reduced borrowing rates 4.0 ‒ Improved covenant flex

  9. Slide 9: FY 2025 Outlook

    FY 2025 Outlook Significant revenue and profit decline from robust prior year LIFT TRUCK BOLZONI HYSTER-YALE Q3 2025 Q3 2025 Q3 2025 • Revenue and operating profit • Operating profit moderately • Modest growth in both revenue and improvement vs. Q2 2025 higher than Q2 2025 operating profit ‒ Increas

  10. Slide 10: Company Overview & Strategy

    Company Overview & Strategy sTERvALe|

  11. Slide 11: Hyster-Yale (NYSE: HY)

    Hyster-Yale (NYSE: HY) One company with two businesses, each offering a full line of products and services 1 LIFT TRUCKS – Core Business CONSOLIDATED FINANCIALS Q2 2025 LTM* ($M) Revenues $3,951 Adjusted Operating Profit(1) $117 Adjusted Net Income(1) $51 2 BOLZONI – Attachment Business SALES BY SEG

  12. Slide 12: Vision

    Vision Transforming the way the world moves materials from Port to Home LIFT TRUCKS ATTACHMENTS Transformation focused on reducing the impact of material movement on people, the environment and the economy driven by the imagination and creativity of our team. 12

  13. Slide 13: Mission: We make our customers two promises …

    Mission: We make our customers two promises … Providing optimal solutions and excellent customer care OPTIMAL SOLUTIONS CUSTOMER CARE • Understand customers’ applications and • Never let customers down needs for equipment/power options • Engagement and solutions through • Provide optimal solutions l

  14. Slide 14: Lift Trucks are Integral to Our Lives

    Lift Trucks are Integral to Our Lives Products are handled numerous times by a forklift before they reach the end customer 14

  15. Slide 15: Global Leader of Material Handling Solutions

    Global Leader of Material Handling 8,300 GLOBAL EMPLOYEES Solutions Serving customers globally, regionally and locally using GLOBAL INDUSTRY COVERAGE an industry- and customer-focused approach • Industry application focus • Full-range of class 1 to 5 lift trucks • Integrated technologies to reduce c

  16. Slide 16: Global Mega Trends Accelerate Growth

    Global Mega Trends Accelerate Growth Long-term growth rates supported by market shifts and HY’s unique capabilities PRODUCTIVITY ELECTRIFICATION Industry-specific approach Batteries and fuel cells Technology Solving Challenges to application challenges EMPLOYEE SAFETY INFORMATION AS A Operator Assis

  17. Slide 17: 100+ Years of Leading Innovations and Operational Excellence

    100+ Years of Leading Innovations and Operational Excellence Full Range of products, power options and solutions CAPACITY RANGE: ~2,500 lbs to 100,000+ lbs ELECTRIC INTERNAL COMBUSTION (ICE) CLASS 1 CLASS 5 CB* WAREHOUSE COUNTERBALANCED BATTERY/FUEL CELL ICE CLASS 1 CLASS 2 CLASS 3 CLASS 4 CLASS 5 B

  18. Slide 18: Unique Business Model

    Unique Business Model Efficient capital deployment targeting high returns INVESTMENT PRACTICES Focus on investments that enhance core lift truck business and drives strong ROTCE* CAPITAL EFFICIENT INVESTMENTS OPTIMIZE CAPITAL DEPLOYED • Modular, scalable product platforms • Independent dealer networ

  19. Slide 19: Operating Structure Optimized to Deliver Customer-Centric Solutions

    Operating Structure Optimized to Deliver Customer-Centric Solutions Through Our Two Businesses CUSTOMERS DISTRIBUTION INTERNAL CAPABILITIES • Global • Exclusive, independent dealers • Modular, scalable platforms • Full product line • Direct sales to major accounts • “Center of gravity” suppliers • F

  20. Slide 20: Well-Defined, Long-Term Strategies Across All Businesses

    Well-Defined, Long-Term Strategies Across All Businesses Service plus technology capabilities enhance the core and accelerate performance ENABLE CORE GROWTH ENHANCE POSITION FOR STAKEHOLDERS’ • Growth through our COMPETITIVE FUTURE GROWTH SUCCESS Economic engine ADVANTAGE • Accretive capital • Custo

  21. Slide 21: Our Economic Engine Drives Compounding Growth

    Our Economic Engine Drives Compounding Growth Five core strategies to transform HY’s competitiveness, market position and economic performance over time, each supported by strategic projects Worldwide Distribution Volume Geographic & Strength to Drive ECONOMIES OF SCALE Product Balance MARKET SHARE

  22. Slide 22: Strategically Focused with Disciplined Execution

    Strategically Focused with Disciplined Execution Connecting strategies to key projects within our businesses to achieve growth objectives PROJECTS FOR REVENUE GROWTH PROFIT GROWTH CASH GENERATION CAPITAL DEPLOYMENT • Modular, scalable • Pricing • Manufacturing • Independent products footprint optimi

  23. Slide 23: Our Superpower, Easy to Understand, Hard to Replicate

    Our Superpower, Easy to Understand, Hard to Replicate Sustainable competitive advantage through disciplined, global cross-functional projects THICKET OF ACTIVITIES CULTURE MOMENTUM ACCOMPLISHMENTS Cross-company projects Discipline, problem solving Synergistically accelerating results Systematic, mis

  24. Slide 24: One Company, Two Synergistic Businesses

    One Company, Two Synergistic Businesses Executing on growth strategies with a margin and cash emphasis Core Business: LIFT TRUCKS Attachment Business: BOLZONI Central & Regional Structure • Modular, Scalable Platforms • Industry Approach & Solutions Technology to Address Customers’ Challenges • Leve

  25. Slide 25: Long-Term Financial Objectives

    Long-Term Financial Objectives

  26. Slide 26: Strategy Execution Accelerating Progress

    Strategy Execution Accelerating Progress Progress toward Lift Truck & Bolzoni long-term targets key to long-term HY results REVENUE GROWTH OPERATING PROFIT WORKING CAPITAL ROTCE MARGINS GDP ++ 7% Sales 15% Sales >20% • Global market expansion • Modular and • Supply chain and • Increased and consiste

  27. Slide 27: Significant Opportunities for Lift Truck & Bolzoni

    Significant Opportunities for Lift Truck & Bolzoni Achieve long-term targets, sustain performance, intensify cash flow focus REVENUE ADJUSTED OPERATING PROFIT MARGIN(1) ACHIEVE TARGETS ($M) 6,000 GDP++ 8% 7% Target • Modular, scalable products 6% • Industry-specific solutions 4,000 4% 2% • Pricing a

  28. Slide 28: Accretive Capital Allocation Framework

    Accretive Capital Allocation Framework Generating consistent cash flows and making disciplined investments Efficient Fixed Cost Effective Working Capital Productivity Utilization Capital Management Strong Operating Cash Flow Maintenance CapEx Routine Debt Service Focus on ~ equal to depreciation Con

  29. Slide 29: Our Path to Long-Term Value Creation

    Our Path to Long-Term Value Creation Rising financial performance with transformation of core lift truck business FUTURE Revenue >$5B Operating Profit Q2 2025 LTM* Working & Margin Capital Revenue Operating 15% Sales >$350M / 7% Profit $4B Revenue Growth 7% Sales Cash from Operations Adjusted Operat

  30. Slide 30: HY - A Solid Long-Term Investment Option

    HY - A Solid Long-Term Investment Option Innovative, disciplined, long-term focused company LIFT TRUCK & ATTACHMENT BUSINESS INCREASING SHAREHOLDER VALUE • Established industry provides • Combining innovation and consistent growth potential discipline to create strong outcomes • High barriers to ent

  31. Slide 31: Overall Investment Thesis

    Overall Investment Thesis Focused business portfolio and capabilities for long-term growth ATTRACTIVE GLOBAL TECHNOLOGY-ENABLED FINANCIAL RESULTS MARKETS SOLUTIONS Lift truck industry growth Solving our customers’ Driving accretive capital rate at GDP+ most difficult materials allocation handling ch

  32. Slide 32: Lift Truck Business

    Lift Truck Business Transforming the way the world moves materials from Port to Home.

  33. Slide 33: Improved Lift Truck Business Financial Performance

    Improved Lift Truck Business Financial Performance Diversified across regions and product classes LIFT TRUCK REVENUES REVENUE BY CLASS ADJUSTED OPERATING PROFIT MARGIN(1) ($B) 26% Target 7% 4.1 Class 1 Electric 8% 3.9 3.8 6.1% 3.4 6% 2.9 4% 10% 4.9% Class 2 Electric 2% 2.4% 6% 0% Class 3 Electric (2

  34. Slide 34: Revenue Diversification

    Revenue Diversification Full-line global lift truck manufacturer serving a broad group of end markets 2024 LIFT TRUCK SALES 2024 RETAIL LIFT TRUCK 2024 LIFT TRUCK BY PRODUCT UNIT REVENUE BY END MARKET(2) DISTRIBUTION CHANNEL MIX 7% 47% 28% 23% 23% 77% Service, Rental ICE(1) Retail and Food and Major

  35. Slide 35: Global Lift Truck Industry

    Global Lift Truck Industry Market linked to worldwide movement of all goods Industry Units by Class Global Lift Truck Industry Size* including China 6% 18% Americas EMEA Asia-Pacific China Class 2 Electric Class 1 Electric (units in thousands) Significantly above 2,341 Estimate** 2,400 CAGR (2015 –

  36. Slide 36: Industry and HY Lift Truck Revenue

    Industry and HY Lift Truck Revenue Diversified across regions and product classes Industry Unit Revenue by Region HY Unit Revenue by Region _____________________ Source: Company: FY 2024 Unit Estimated Industry Revenue 21% Revenue Mix _____________________ 4% EMEA Note: Units sold direct by SN JV ar

  37. Slide 37: Growth Potential Beyond GDP+ Market Growth Rate

    Growth Potential Beyond GDP+ Market Growth Rate Evolving capabilities align with market growth elements HY COMPETITIVE ADVANTAGES Evolutionary advantages enhance the core • Revolutionary shifts accelerate performance Technology to Enhance User Outcomes Revolutionary Robotics Modular, Scalable GDP++

  38. Slide 38: Key Opportunities for Market Share Growth

    Key Opportunities for Market Share Growth Leverage global capabilities to achieve share potential across markets LIFT TRUCK MARKET PENETRATION AMERICAS WAREHOUSE VS. INDUSTRIALS Total Market Size Total Market Size China(1) Market Growth Growth Opportunity Opportunity Americas EMEA JAPIC Warehouse In

  39. Slide 39: Expanding Solutions Address Global Industry Requirements

    Expanding Solutions Address Global Industry Requirements Enhancing competitive capabilities through product breadth, scalability and technology MODULAR / EMERGING BREADTH ELECTRIFICATION SCALABLE PLATFORM TECHNOLOGIES Image Simplifies operations; Rapidly adding electrification Complete product range

  40. Slide 40: Core Product Strategy – Modular & Scalable Platforms

    Core Product Strategy – Modular & Scalable Platforms Modular, Scalable, 2- to 3.5-ton ICE** Right Truck, Right Price, Right Application Truck Shipments Accelerating • 9 component modules; commonality enables design, assembly and parts synergies • Modules scale up/down with interchangeable function a

  41. Slide 41: Solving Customers’ Problems with Emerging Technologies

    Solving Customers’ Problems with Emerging Technologies Innovations driving breakthrough results DATA ANALYTICS SMART MACHINES FULL AUTOMATION ENERGY SOLUTIONS Telemetry data helps Operator assist systems Robotic lift trucks lower Lithium-ion batteries & improve operator safety, help reduce incidents

  42. Slide 42: SUCCESS STORY: Startup Care

    SUCCESS STORY: Startup Care Providing exceptional customer care from start to finish WHAT IS STARTUP CARE? Proactive team to deliver HY’s vision to never let customers down CUSTOMER • Fortune 500 paper company • 1,000+ Hyster unit fleet size “We applaud Hyster-Yale for their PROJECT commitment to so

  43. Slide 43: SUCCESS STORY: Modular, Scalable Lift Trucks

    SUCCESS STORY: Modular, Scalable Lift Trucks The right truck, for the right application, at the right price WHAT IS MODULAR, SCALABLE? Product line allowing customers to customize trucks to application and needs. CUSTOMER • Large, global bottling company • ~3,000-unit fleet size "Safety issues are a

  44. Slide 44: Major Electrification Projects

    Major Electrification Projects Capitalizing on electric truck advancements where ICE* has traditionally dominated KEY PROJECTS Projects are helping customers meet port-equipment decarbonization regulations/requirements: • Currently operating electrified fuel cell materials handling equipment: ‒ Reac

  45. Slide 45: Upcoming Product Launches

    Upcoming Product Launches EXPECTED LAUNCHES IN 2025 • New modular 2 to 3.5-ton Pneumatic ICE* Standard & Value Configurations for Americas & EMEA regions • New modular 1 to 2.0-ton pneumatic and 1 to 3.5-ton cushion products for Americas & EMEA regions • New modular 2 to 3.5-ton electric counterbala

  46. Slide 46: HY Automated Lift Trucks

    HY Automated Lift Trucks Flexible solution to reduce labor costs and total cost of ownership THE NEXT GENERATION OF KEY BENEFITS HY AUTOMATED LIFT TUCKS • Technology fully supported by HY and its dealer network • Simple installation and easy-to-use interface for route adjustments • Affords lower tot

  47. Slide 47: Leveraging Independent Distribution to Win

    Leveraging Independent Distribution to Win Delivering exceptional customer experience while increasing capital efficiency • Differentiated AsOne value to customer • OEM and dealer aligned business models Independent • Optimizes long-term strategy and agility DISTRIBUTION SYNERGY Model • Exclusive, i

  48. Slide 48: Lift Truck Business is the Core Platform for Delivering Value

    Lift Truck Business is the Core Platform for Delivering Value Vehicle for high-margin solutions and service growth KEY TAKEAWAYS • Experienced, global market leader • Mature lift truck industry provides core platform for growth • GDP+ market growth with HY share upside potential • Strategically posi

  49. Slide 49: Energy Solutions: Nuvera’s Strategic Realignment

    Energy Solutions Nuvera’s strategic realignment KEY TAKEAWAYS • Nuvera’s Q2 2025 strategic realignment designed to increase near term profits and create an integrated energy solutions • Initiative furthers HY’s Lift Truck business transformation through product innovation and optimized operations •

  50. Slide 50: Energy Solutions – Lithium-Ion Batteries

    Energy Solutions – Lithium-Ion Batteries Single-source, integrated, value-delivered electric power options CURRENT: Multi-Source Solution FUTURE: Single-Source Solution HY BENEFITS Truck Battery Charger Truck Battery Charger • Incremental growth • Lift truck supplied by HY • Integrated lift truck, b

  51. Slide 51: Bolzoni Attachments

    Bolzoni Attachments Transforming the way the world moves materials from Port to Home. Need a good Bolzoni photo on a Hyster truck

  52. Slide 52: Bolzoni Attachments are Critical to Productivity Solutions

    Bolzoni Attachments are Critical to Productivity Solutions Award-winning Attachment Business makes HY leading industry player Focused on serving lift truck OEMs* and other attachment customers using an industry approach and dealer collaboration *OEM: Original Equipment Manufacturer 52

  53. Slide 53: Accelerating Financial Performance

    Accelerating Financial Performance Diversified across regions and product classes NET SALES NET SALES BY PRODUCT LINE ADJUSTED OPERATING PROFIT MARGIN(1) ($M) 375 379 348 356 351 2% Target 7% Lift Tables 8% 6% 50% 4.1% Attachments 4% 2.6% 2.4% 2% 2021 2022 2023 2024 Q2 2025 1.7% LTM* 0% (0.5%) (2%)

  54. Slide 54: Significant Global Growth Opportunities

    Significant Global Growth Opportunities Leveraging high-quality products and deep industry experience GROWTH BOLZONI ATTACHMENT MARKET PENETRATION* AREAS OF FOCUS EXPANDING MARKET SHARE • Americas and JAPIC markets • Products well aligned with market segment needs Total Market Size • Increased sales

  55. Slide 55: Driving Growth, Industry by Industry

    Driving Growth, Industry by Industry Leveraging high-quality, respected brands and products in growth industries BEVERAGE HOME APPLIANCES PULP & PAPER AUTOMOTIVE & 3PL* Meyer Bolzoni Auramo Preferred supplier of high- Innovative double-pallet High-tech carton clamp helps Paper roll clamps performanc

  56. Slide 56: Product Development Focus Feeds Growth

    Product Development Focus Feeds Growth Solving customers’ challenges through product and technological development FUTURE DEVELOPMENT Customer • AGVs growing in specific industries input: new handling- • Collaborating with AGV application manufacturers for integrated needs attachments Research & Sal

  57. Slide 57: SUCCESS STORY: AGV Attachments

    SUCCESS STORY: AGV Attachments Electric-powered attachments for AGVs increase productivity & precision WHAT ARE THE BENEFITS OF AGV ATTACHMENTS? Help achieve full AGV to attachment automation. CUSTOMER • Leading power steering components producer (Ognibene Power) “Our dedication to this initiative h

  58. Slide 58: Clear Path to Achieving Profitability Goals

    Clear Path to Achieving Profitability Goals Substantial opportunities to reach consistent profitability at target margin ADDRESSABLE MARKET PRODUCT MARGIN EXPANSION OEM TOP CUSTOMERS GROWTH • New attachment products • Increase in higher-margin, 5% • Increase Americas and JAPIC technologically-advanc

  59. Slide 59: Bolzoni - A Strategic Multiplier for HY

    Bolzoni - A Strategic Multiplier for HY Disciplined execution and Sell to operational Working Everyone; efficiencies capital and deepen and cash diversify improvements KEY TAKEAWAYS relationships focus • Expanding market presence Developing outside Europe Enhance HY ENHANCES market future talent HY

  60. Slide 60: Appendix

    NJ Appendix

  61. Slide 61: Reconciliations

    Reconciliations Working capital percentage of sales, Return on total capital employed, Adjusted EBITDA, Adjusted operating profit (loss) and Adjusted net income (loss) are not measurements under U.S. GAAP, should not be considered in isolation or as a substitute for GAAP measures, and are not necess

  62. Slide 62: Reconciliations of Adjusted Operating Profit (Loss) and Adjusted Net Income (Loss)

    Reconciliations of Adjusted Operating Profit (Loss) and Adjusted Net Income (Loss) ($M) Lift Truck(1) Bolzoni(1) Consolidated Operating profit (loss) $(10.9) $2.4 $(8.5) Restructuring and impairment charges $15.7 — $15.7 Adjusted operating profit (loss) $4.8 $2.4 $7.2 Q2 Net income (loss) — — $(13.9

  63. Slide 63: Reconciliations of Adjusted Operating Profit (Loss) and Adjusted Net Income (Loss) continued

    Reconciliations of Adjusted Operating Profit (Loss) and Adjusted Net Income (Loss) continued HY LIFT TRUCK 2021 2021 Operating profit (loss) $(152.3) $(149.2) Impairment charges(1) $81.7 $81.7 Adjusted operating profit (loss) $(70.6) $(67.5) Net income (loss) $(173.0) Impairment charges(1) $70.0 Tax

  64. Slide 64: Working Capital Percentage of Sales Calculation

    Working Capital Percentage of Sales Calculation 2021 2022 2023 2024 Q2 2025 Accounts receivable $457.4 $523.6 $497.5 $488.4 $512.1 Inventory 781 799.5 815.7 754.3 776.6 Accounts payable (541.4) (607.4) (530.2) (455.5) $(474.4) Net Working Capital(1) $697.0 $715.7 $783.0 $787.2 $814.3 Consolidated Re

  65. Slide 65: Reconciliation of ROTCE

    Reconciliation of ROTCE Q2 2025 ($M) 2021(1) 2022(1) 2023(1) 2024(1) LTM(1) Average Stockholders' Equity $525.5 $241.9 $288.9 $454.4 $505.1 Average Debt $373.4 $535.2 $532.2 $476.0 $473.7 Average Cash $(93.8) $(66.8) $(69.3) $(75.9) $(76.6) Average capital employed 805.1 710.3 751.8 854.5 902.2 Net

  66. Slide 66: Reconciliation of Adjusted EBITDA

    Reconciliation of Adjusted EBITDA ($M) Year Ended December 31 Qtr. Qtr. Consolidated 2021 2022 2023 2024 2025 LTM* 6/30/2025 6/30/2024 Reconciliation of Adjusted EBITDA Net income (loss) attributable to stockholders $(173.0) $(74.1) $125.9 $142.3 $22.2 $(13.9) $63.3 Noncontrolling interest income (l

  67. Slide 67: Reconciliation of Adjusted EBITDA continued

    Reconciliation of Adjusted EBITDA continued ($M) Year Ended December 31 Qtr. Bolzoni 2021 2022 2023 2024 2025 LTM* 6/30/2025 Reconciliation of Adjusted EBITDA Operating profit (loss) $(1.8) $6.2 $15.3 $9.1 $4.8 $2.4 Other income (expense) 0.5 0.3 (0.5) — 0.4 0.2 Depreciation and amortization expense

  68. Slide 68: Supplemental Information

    NJ Supplemental Information

  69. Slide 69: Disciplined Capital and R&D Expenditures

    Disciplined Capital and R&D Expenditures C A P I TA L E X P E N D I T U R E S R&D EXPENDITURES ($M) ($M) Lift Truck IT Systems Bolzoni 160 4% 85 65 Range Lift Truck 120 45 80 3% Bolzoni 25 40 R&D % of 5 Revenues -15 2021 2022 2023 2024 Low Est. High Est. 0 2% 2025 2025 2020 2021 2022 2023 2024 Est.

  70. Slide 70: HY Lift Truck Revenue by Geography & Class – Quarter & LTM 6/30/25

    HY Lift Truck Revenue by Geography & Class – Quarter & LTM 6/30/25 HY Q2 ’25 Lift Truck Unit Revenue by Geography HY Q2 ‘25 Lift Truck Unit Revenue by Class EMEA Class 1* 5% 19% Class 5* Asia-Pacific / Japan 26% 43% 1% China Class 2* 11% Americas _____________________ 75% _____________________ Class

  71. Slide 71: HY Dealer Data

    HY Dealer Data Hyster® Yale® Dual Brand Maximal* Total Dealers Owners Locations Owners Locations Owners Locations Owners Locations Owners Locations June 30, 2025 Americas 9 79 11 58 30 274 16 16 66 427 EMEA 56 125 39 71 20 34 14 25 129 255 JAPIC 44 84 10 26 5 32 19 32 78 174 Total 109 288 60 155 55

Hyster-Yale Materials Handling — Q2 2025 Earnings Presentation on 6ix