HYSTER-YALE, INC.

Hyster-Yale, Inc. (NASDAQ: HY) operates as a globally integrated materials handling equipment manufacturer headquartered in Cleveland, Ohio, with its corporate website at www.hyster-yale.com. The company designs, engineers, manufactures, sells and services a comprehensive line of lift trucks and materials handling solutions through its primary operating subsidiary, Hyster-Yale Materials Handling, Inc., and its attachment business, Bolzoni S.p.A.

The company's lift truck business generates approximately 71 percent of revenues, with parts contributing 16 percent, service and rental operations accounting for 8 percent, and Bolzoni representing 5 percent of total revenues. Within lift truck sales, internal combustion engines comprise 40 percent of revenues while electric lift trucks represent 31 percent. The company operates through four reportable segments: Americas, EMEA, JAPIC, and Bolzoni. The Americas segment includes lift truck operations in the United States, Canada, Mexico, Brazil and Latin America alongside the corporate headquarters. EMEA encompasses operations across Europe, the Middle East and Africa, while JAPIC covers Asia and Pacific regions including China.

Hyster-Yale markets lift trucks under the Hyster, Yale, Nuvera and Maximal brand names, with Bolzoni products sold under the Bolzoni, Auramo, Meyer and Silver Line brands. The company manufactures and assembles products across eleven lift truck facilities and seven Bolzoni manufacturing plants distributed globally across the United States, Northern Ireland, China, the Netherlands, Mexico, the Philippines, Brazil, Japan, Italy and Vietnam. As of January 31, 2026, the company employed approximately 7,500 people, with 6,300 in lift truck operations and 1,200 in Bolzoni.

The company distributes primarily through independent dealers located in 111 countries, supplemented by direct sales to major global accounts representing 28 percent of new lift truck revenues. The company maintains a 50 percent ownership interest in Sumitomo NACCO Forklift Co., Ltd., which manufactures and distributes lift trucks in Japan and Southeast Asia. Hyster-Yale also holds a 20 percent stake in HYG Financial Services, Inc., a joint venture with Wells Fargo providing dealer and customer financing. The company's backlog of unfilled lift truck orders approximated $1,280 million as of December 31, 2025.