Lincoln Electric Elects N. Joy Falotico to Its Board of Directors

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CLEVELAND --(BUSINESS WIRE)-- Lincoln Electric Holdings, Inc. , (Nasdaq: LECO) today announced that N. Joy Falotico , former President of The Lincoln Motor Company , a division of Ford Motor Company (NYSE: F), has been elected to Lincoln Electric's Board of Directors, effective February 19, 2025 . She will serve as a member of the Audit and the Nominating and Corporate Governance Committees. Ms. Falotico’s appointment expands Lincoln Electric's Board to 12 directors, 11 of whom are independent, non-employee directors. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250220570397/en/ N. Joy Falotico elected to Lincoln Electric's Board of Directors. Photo copyright of Lincoln Electric. (Photo: Business Wire) “We are pleased to welcome Joy to the Board,” said Steven B. Hedlund , Chair, President and Chief Executive Officer. “Joy’s diverse global leadership experience and deep financial and commercial expertise will be invaluable as we advance our strategic initiatives to drive long-term, profitable growth.” Ms. Falotico formerly served as President of Lincoln Motor Company , the luxury vehicle division at Ford Motor Company , from 2018 until her retirement in 2022. During her 33-year tenure at Ford , she has served in a number of commercial, financial, regulatory, and operational senior leadership roles, including Chief Marketing Officer and Group Vice President at Ford Motor Company . In addition, she held the position as Chair and Chief Executive Officer at Ford Motor Credit Company . Ms. Falotico received a Bachelor of Science, Business Administration from Truman State University and an MBA from DePaul University . She currently serves on the boards of Alliant Energy (NASDAQ: LNT) and Lineage, Inc. (NASDAQ: LINE). Business Lincoln Electric is the world leader in the engineering, design, and manufacturing of advanced arc welding solutions, automated joining, assembly and cutting systems, plasma and oxy-fuel cutting equipment, and has a leading global position in brazing and soldering alloys. Lincoln is recognized as the Welding Expert™ for its leading materials science, software development, automation engineering, and application expertise, which advance customers’ fabrication capabilities to help them build a better world. Headquartered in Cleveland, Ohio , Lincoln operates 71 manufacturing and automation system integration locations across 20 countries and maintains a worldwide network of distributors and sales offices serving customers in over 160 countries. For more information about Lincoln Electric and its products and services, visit the Company’s website at https://www.lincolnelectric.com . View source version on businesswire.com : https://www.businesswire.com/news/home/20250220570397/en/ Amanda Butler Vice President, Investor Relations & Communications Tel: 216.383.2534 Email: [email protected] Source: Lincoln Electric Holdings, Inc.

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