Q4 2022 Earnings Conference Call

Q4 2022: Excellent Finish to a Strong Year Backlog of $4.1B up 22% year-over-year Increase in total bookings versus Q3 '22 Sales of $1.2B up 23% year-over-year; 31% on FX neutral basis Continued to be constrained by supply chain challenges Disciplined cost management and pricing Gross profit margins of 19.3% expanded 190 bps versus Q4 '21 SG&A at 9.4% of sales Operating profit of $121M up 73% year-over-year ● Operating margin of 9.9% improved 290 bps year-over-year EPS of $1.34 up 63% year-over-year New GTH-1256 Telehandler TEREX® 4

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