Manitou Group — AGM Information 2018

Jun 15, 2018

Ordinary and Extraordinary General Meetings, June 14, 2018

/Ancenis, ¹⁵ June ²⁰¹⁸ – Manitou held June 14, ²⁰¹⁸ its Combined Ordinary and Extraordinary Shareholders' Meeting at its Ancenis headquarters.

The Shareholders' Meeting has approved the consolidated financial statements for the full-year 2017 period and adopted the distribution of a €0.62 per share dividend with payment date on June 20, 2018.

/ Result of the resolutions submitted to the Combined Ordinary and Extraordinary Shareholders' Meeting of Manitou BF on June 14, 2018

Categories of shares: Ordinary shares (ISIN: FR0000038606)

Number of shares representing the capital	39 617 974
Shareholders present or represented at the Shareholders' meeting	34 546 670
Number of votes of Shareholders present or represented at the Shareholders' meeting	34 546 670
Percentage of votes	90,416 %

	Resolution	Result	For		Against		Vote withhold		Votes total	Shares represented by the votes cast	Percentage of the share capital	Out of vote	Null voting rights	Quorum
			Votes	%	Votes	%	Votes	96			epresented by the votes cast	voting rinhtc
	Examination and approval of the annual financial statements for the 2017 financial year - Approval of non tax-deductible expenses and costs
$\mathbf{1}$
	1	Carried	34 528 154	99,95%	18 591	0.05%	$\circ$	0.00%	34 546 745	34 546 745	87,199 %	0	0	90,416 %
	Examination and approval of the consolidated financial statements for the 2017 financial year
$\overline{2}$
	$\overline{2}$	Carried	34 528 154	99,95%	18 591	0,05%	0	0,00%	34 546 745	34 546 745	87,199 %	$\mathbf 0$	$\overline{0}$	90,416 %
	Approval of agreements and commitments governed by the provisions of Articles L 225-38 et seq. of the French Commercial Code
3
	3	Carried	22 034 814	100.00 %	$\mathbf{0}$	0.00%	$\circ$	0.00%	22 034 814	22 034 814	55,618 %	12 511 931	$\overline{0}$	85,750 %
	Approval of the regulated commitment covered by Article L225-42-1 of the French Commercial Code, taken in favour of Mr Michel Denis, in respect of his duties as Managing Director
$\overline{4}$	4	Carried	30 572 225	88.50 %	3 974 520	11,50 %	$\circ$		34 546 745			$\mathbf{0}$	$\overline{0}$	90,416 %
								0,00%		34 546 745	87,199 %
	Allocation of profits for the financial year and fixing the dividend
5	5	Carried	34 546 745	100.00 %	$\mathbf{0}$	0.00%	$\circ$	0.00%	34 546 745	34 546 745	87,199 %	$\mathbf{0}$	$\mathbf 0$	90,416 %
6			Authorizing the Board of Directors to enter into transactions involving the Company's shares, the duration of the authorization, purpose, terms and maximum limit
	6	Carried	29 923 201	86.62%	4 623 544	13.38 %	$\circ$	0.00%	34 546 745	34 546 745	87.199%	$\mathbf{0}$	$\overline{0}$	90.416 %
			Approval of the fixed, variable and exceptional elements making up the total remuneration and benefits of any kind paid or provided in respect of the last financial year to Mr Marcel Braud, Chair of the Board of Directors
$\overline{7}$
	$\overline{7}$	Carried	34 546 520	> 99.99%	225	< 0.01 %	0	0.00%	34 546 745	34 546 745	87,199 %	0	$\mathbf{0}$	90.416%
			Approval of the fixed, variable and exceptional elements making up the total remuneration and benefits of any kind paid or provided in respect of the last financial year to Ms Jacqueline Himsworth Chair of the Board of Dir
$\boldsymbol{8}$
	8	Carried	34 438 085	99.69%	108 660	0.31%	$\mathbf 0$	0.00%	34 546 745	34 546 745	87.199%	$\circ$	$\overline{0}$	90.416%
			Approval of the fixed, variable and exceptional elements making up the total remuneration and benefits of any kind paid or provided in respect of the last financial year to Mr Michel Denis. Managing Director
9
	9	Carried	30 994 568	89,72%	3 5 5 2 1 7 7	10,28%	$\mathbf 0$	0,00%	34 546 745	34 546 745	87,199 %	0	$\mathbf 0$	90,416 %
	Approval of the principles and criteria for determining, allocating and awarding the fixed, variable and exceptional elements making up the total remuneration and benefits of any kind provided to the Chair of the Board of
10
	10	Carried	31 903 552	92,35 %	2 643 193	7.65%	$\circ$	0.00%	34 546 745	34 546 745	87,199 %	$\mathbf{0}$	$\mathbf 0$	90,416 %
			Approval of the principles and criteria for determining, allocating and awarding the fixed, variable and exceptional elements making up the total remuneration and benefits of any kind provided to the Managing Director
11
	11	Carried	30 193 077	87,40 %	4 3 5 3 6 6 8	12,60 %	$\mathbf{0}$	0.00%	34 546 745	34 546 745	87,199 %	$\mathbf{0}$	$\overline{0}$	90,416 %

/ Extraordinary resolutions

	Resolution	Result	For		Against		Vote withhold		Votes total	Shares represented by the votes cast	Percentage of the share capital represented by the	Out of vote	Null voting rights	Quorum
			Votes	PiG	Votes	%	Votes	$Q_{\rm fin}$			votes cast	voting rinhte
	Authorizing the Board of Directors to reduce the Company's share capital by cancelling treasury stock, the duration of the authorization and maximum limit
12
	12	Carried	34 533 154	99.96%	13516	0.04%	$\Omega$	0.00%	34 546 670	34 546 670	87,199 %	$\mathbf{0}$	$\mathbf{0}$	90,416 %
13	Delegation of powers to be granted to the Board of Directors to issue ordinary shares conferring, if applicable, entitlement to ordinary shares or to the allocation of debt securities (of the company or a group company) an conferring entitlement to ordinary shares (of the company or a group company), maintaining the preferential right to subscribe to new shares, the duration of the delegation, the maximum nominal amount of the increase in ca shares that are not taken up to the public
	13	Carried	28 785 162	83.32%	5761508	16.68%	$\Omega$	0.00%	34 546 670	34 546 670	87.199%	$\mathbf{0}$	$\Omega$	90.416%
14	Delegation of powers to be granted to the Board of Directors to issue ordinary shares conferring, if applicable, entitlement to ordinary shares or to the allocation of debt securities (of the company or a group company) an conferring entitlement to ordinary shares (of the company or a group company), removing the preferential right to subscribe to new shares by means of a public offering and/or compensation in securities, in respect of an of the duration of the delegation, the maximum nominal amount of the increase in capital, the issue price and the option to limit to the amount of subscriptions or distribute shares that are not taken up
	14	Carried	28 105 377	81.35%	6441293	18,65 %	$\overline{0}$	0.00%	34 546 670	34 546 670	87,199 %	$\mathbf{0}$	$\overline{0}$	90,416 %
15	Delegation of powers to be granted to the Board of Directors to issue ordinary shares conferring, if applicable, entitlement to ordinary shares or to the allocation of debt securities (of the company or a group company) an conferring entitlement to ordinary shares (of the company or a group company), removing the preferential right to subscribe to new shares by means of a an offering covered by Article L.411-2 of the French Monetary and Fina of the delegation, the maximum nominal amount of the increase in capital, the issue price and the option to limit to the amount of subscriptions or distribute shares that are not taken up
	15	Carried	28 104 037	81.35%	6 442 633	18.65 %	$\mathbf{0}$	0.00%	34 546 670	34 546 670	87.199%	$\mathbf{0}$	$\mathbf 0$	90.416%
Delegation of powers to be granted to the Board of Directors to decide on an increase in the share capital by incorporating premiums, reserves, profits or other means, the duration of the delegation, the maximum nominal am capital and the treatment of fractional shares 16
	16	Carried	29 013 626	83.98%	5 5 3 0 4 4	16.02%	$\mathbf{0}$	0.00%	34 546 670	34 546 670	87.199%	$\mathbf{0}$	$\mathbf{0}$	90.416%
17	Power to be granted to the Board of Directors to increase the capital by an issue of shares and/or marketable securities conferring entitlement to the capital up to the limit of 10% of the capital, in order to pay for cont or marketable securities conferring entitlement to the capital, and the duration of the delegation
	17	Carried	28 804 936	83.38%	5 741 734	16.62%	$\overline{0}$	0.00%	34 546 670	34 546 670	87.199%	$\mathbf{0}$	$\mathbf{0}$	90.416 %
18	Delegation of powers to be given to the Board of Directors to proceed with a capital increase by an issue of ordinary shares and/or marketable securities conferring entitlement to the capital, removing the preferential rig favour of members of a company savings plan pursuant to Articles L. 3332-18 et seq. of the French Labour Code, the duration of the delegation, nominal maximum amount of the increase in capital, issues price and option to a pursuant to Article L 3332-21 of the French Labour Code
	18	Rejected	8 5 25 4 00	24.68%	26 021 270	75,32%	$\overline{0}$	0.00%	34 546 670	34 546 670	87,199 %	$\mathbf{0}$	$\mathbf{0}$	90.416 %
19	Amendment of the Articles of Association regarding the arrangements for the appointment of board members representing the staff
	19	Carried	32 486 670	94.04 %	2 060 000	5.96%	$\mathbf{0}$	0.00%	34 546 670	34 546 670	87.199%	$\mathbf{0}$	$\mathbf 0$	90,416 %
20			Amendment to the Articles of Association to harmonize Articles 14 and 17
	20	Carried	34 546 670	100.00 %	$\Omega$	0.00%	$\mathbf{0}$	0.00%	34 546 670	34 546 670	87,199 %	$\mathbf{0}$	$\overline{0}$	90.416 %
21		Powers to complete formalities
	21	Carried	34 546 670	100.00 %	$\Omega$	0.00%	$\mathbf{0}$	0.00%	34 546 670	34 546 670	87.199%	$\mathbf{0}$	$\Omega$	90.416 %

MANITOU BF, S.A. au capital de 39 617 974 euros BP 249 – 430 rue de l'Aubinière – Ancenis Cedex, France - RCS Nantes B 857 802 508 – APE 2822Z

ISIN code: FR0000038606 Indices: CAC ALL SHARES, CAC ALL-TRADABLE, CAC IND. ENGIN., CAC INDUSTRIALS, CAC MID&SMALL, CAC SMALL EN FAMILY BUSINESS, ENT PEA-PME 150

July 30, 2018 (after market closing) 2018 first half results

The Manitou Group is a global market leader in rough-terrain handling. It designs, manufactures, distributes and services equipment for construction, agriculture and the industry.

The Group's product ranges include all-terrain fixed, rotating and heavy-duty telehandlers, all-terrain, semi-industrial and industrial masted forklifts, wheeled or tracked skid-steer loaders, backhoe loaders, access platforms, truck-mounted forklifts, warehousing equipment and attachments.

Through its iconic brands - Manitou, Gehl, and Mustang - and its network of 1,500 dealers worldwide, the Group offers the best solutions by creating optimum value for its customers.

With its registered office in France, in 2017 the Group recorded a revenue of €1.6 billion in 140 countries, and it employs 3,900 people all committed to delivering customer satisfaction.