Slide 1: Investor Presentation
INVESTOR PRESENTATION MAY 2026 MARK VAN GENDEREN –PRES. & CEO JON SISULAK – SVP, CONTROLLER & TREASURER NATHAN ELWELL – VP, IR
Slide 2: Douglas Dynamics Today
DOUGLAS DYNAMICS TODAY 7 15 ~1,700 Manufacturing locations Installation & Distribution Centers Team members worldwide Expanding portfolio of complex work vehicle attachments, featuring our leading commercial and municipal snow and ice control brands Installation and Distribution Centers Customized s
Slide 3: Three Strategic Pillars
THREE STRATEGIC PILLARS Optimize Expand Activate Continuously improve Drive product Focus on strategic, to drive operational development and complex attachment efficiency and broaden portfolio of acquisitions to strengthen market work vehicle solutions diversify and balance leadership to meet evolvi
Slide 4: Ride On Machine
RIDE ON MACHINE Expand Drive product development and broaden portfolio of work vehicle solutions to meet evolving customer needs across North America © 2025 Douglas Dynamics, LLC 4
Slide 5: Acquired Venco Venturo
ACQUIRED VENCO VENTURO Activate Tremendous reputation for commitment to quality and reliability. Focus on strategic, complex attachment acquisitions to Significant opportunity to drive profitable growth. diversify and balance Highly-regarded Ohio based provider of portfolio truck mounted service cra
Slide 6: Missouri Expansion
MISSOURI EXPANSION Expand Drive product development and broaden portfolio of work vehicle solutions to meet evolving customer needs across North America © 2025 Douglas Dynamics, LLC 6
Slide 7: New Logistics Facility
NEW LOGISTICS FACILITY New Logistics Building in Manchester, Iowa Expand Drive product development and broaden portfolio of work vehicle solutions to meet evolving customer needs across North America © 2025 Douglas Dynamics, LLC 7
Slide 8: Q1 2026 Key Consolidated Results
“The strength of our first-quarter results reflects increased snowfall Q1 2026 driven demand, disciplined execution, and continued progress against our strategic priorities.” Mark Van Genderen – President & CEO Key Consolidated Results* A Closer Look Snow Season Highlights $137.8M Work Truck Attachm
Slide 9: Disciplined Capital Allocation Strategy
DISCIPLINED CAPITAL ALLOCATION STRATEGY Pay Dividend Return Cash to Shareholders • Dividend Yield = ~ 3% 01 • $50M Share Buyback authorization (2022) • Sustainable dividends remains a priority 05 • 1Q 2026 returned $10.1M via dividend and share buyback Invest to Drive Growth • Continue organic inves
Slide 10: Activate M&A
ACTIVATE M&A Key Criteria Heavy Complex High Vehicle Equipment Manufacturing Integration Premium Unique Product Properties Agriculture Mission Critical Strong Brand Performance and Reputation Work Truck Forestry Highly Established & Specialty Engineered Channel Presence Proprietary Technology / Regu
Slide 11: Appendix
APPENDIX MARK VAN GENDEREN – PRESIDENT & CEO SARAH LAUBER – EVP & CFO NATHAN ELWELL – VP, INVESTOR RELATIONS
Slide 12: Capabilities Across the Work Truck Market
CAPABILITIES ACROSS THE WORK TRUCK MARKET Class 1 – 3 Class 3 – 6 Class 7 – 8 © 2025 Douglas Dynamics, LLC 12
Slide 13: WTA: Optimize and Expand Portfolio
WTA: OPTIMIZE AND EXPAND PORTFOLIO Optimize Expand © 2025 Douglas Dynamics, LLC 13
Slide 14: WTA: Seasonal Sales
WTA: SEASONAL SALES Typical Net Sales by Quarter Trends More important / Core markets are east of 35 2Q + 3Q Pre-Season the Mississippi and north of the Ohio rivers. Shipments = ~65% 30 Influenced by start Low population density in Western U.S. of winter = ~20-25% and western provinces of Canada lim
Slide 15: Forward-Looking Statements
FORWARD-LOOKING STATEMENTS This press release contains certain forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These statements include information relating to future events, future financial performance, strategies, expectations, comp
Slide 16: Use of Non-GAAP Financial Measures
USE OF NON-GAAP FINANCIAL MEASURES This presentation contains financial information calculated other than in accordance with U.S. Generally Accepted Accounting Principles (“GAAP”). The non-GAAP measures used in this press release are Adjusted EBITDA, Adjusted Net Income and Adjusted Earnings Per Sha