Renewal of Michel Denis as President & CEO of Manitou for the next 4 coming years

The Board of Directors of Manitou BF, in their meeting today at the headquarters of the Company, decided
unanimously to renew the mandate of Mr. Michel Denis as President & CEO of Manitou for a further period of 4
years until the Annual General Assembly in 2022 that will approve the financial statements of 2021.

Jacqueline Himsworth, President of the Board said: “We wish to thank Michel Denis for the work achieved since
his arrival at Manitou in 2014. Over this period, the group has experienced a strengthening of its market position,
improved profitability, accelerated innovation and the introduction of many new services. All these achievements
enabled the group to be able to project with confidence and ambition for the continuation of this development for
the future”.

Michel Denis, President & CEO of Manitou stated “ It is a great honor to continue to lead the development of
Manitou. The work with the team of women and men of Manitou, our dealer network and our partners, allows us
to offer products and solutions always more innovative and answering their needs. “