Manitou Group — Capital/Financing Update 2022

Dec 8, 2022

PRESS RELEASE

Manitou announces the amendment of its credit agreement into a Sustainability Linked Loan

Ancenis, December 08, 2022 - Manitou announces the signature of an amendment of its credit agreement put in place in July 2022 qualifying the financing as a Sustainability Linked Loan.

As agreed with the banking pool in July 2022, Manitou has defined and attached to the Revolving Credit Facility 3 criterias linked to its low Scope 3 carbon trajectory, the health & safety of its employees and its sustainable procurement. Annual objectives, in line with the group CSR policy, have been combined with a mechanism of margin adjustment.

This amendment of the credit agreement has been put in place with the partnership of its entire banking pool and especially with HSBC Continental Europe as CSR agent, Banque CIC Ouest as Documentation Agent and Société Générale as Agent.

Michel Denis, President & Chief Executive Officer, said: "With the amendment of our credit agreement as a Sustainability Linked Loan, Manitou Group enlarged its CSR commitment in financing. This amendment strengthens our ambitions in terms of energy transition and financially commits the company to achieving its CSR objectives".

Manitou Group was assisted by Jennifer Hinge from the law firm NH Law.

ISIN code: FR0000038606 Indices: CAC ALL SHARES, CAC ALL-TRADABLE, CAC INDUSTRIALS, CAC MID & SMALL, CAC SMALL, EN FAMILY BUSINESS

Company information is available at www.manitou-group.com Shareholder information: communication.financiere@manitou-group.com

As the global leader in handling, aerial lift platforms and earthmoving, Manitou Group's mission is to improve working conditions, safety and performance around the world, while protecting people and their environment. Through its flagship brands – Manitou and Gehl – the group designs, produces, distributes and services equipment for construction, agriculture and industry. By placing innovation at the heart of its development, Manitou Group constantly seeks to bring value to all its stakeholders. Through the expertise of its network of 1,050 dealers, the group works more closely with its customers every day. Staying true to its roots, Manitou Group is headquartered in France. It achieved a 2021 turnover of €1.9 billion and brings together 4,500 talented people worldwide, all driven by a shared passion.