HYSTER-YALE, INC.

None of the Company’s directors or officers (as defined in Rule 16a-1(f) promulgated under the Securities Exchange Act of 1934)adopted, modified, orterminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement (as each term is defined in Item 408 of Regulation S-K) during the Company’s fiscal quarter ended September 30, 2026.

Chief Financial Officer Transition

As previously disclosed on October 14, 2026, the Board of Directors (the "Board") of the Company appointed Matthew Cornell to serve as the Company's Senior Vice President, Chief Financial Officer. In connection with such appointment and in order to ensure an orderly transition of duties, the Board has determined that Rajiv K. Prasad, President and Chief Executive Officer of the Company, will continue to serve as the Company’s principal financial officer until the filing of this Quarterly Report on Form 10-Q for the fiscal quarter ending September 30, 2026 (Mr. Prasad has been serving in that capacity since January 1, 2026). Subsequently, on November 2, 2026, the Board determined that Mr. Cornell will assume the role of principal financial officer on November 6, 2026, instead of November 4, 2026.

2026 Restructuring Program

On November 2, 2026, the Company launched a major set of projects to better align the Company with evolving market and regulatory requirements, including significant changes in demand for forklift truck types and volumes.

The projects are focused on five key areas:

• reshaping the Company’s product portfolio and route-to-market; including exiting from the hydrogen fuel cell and Hydro Charge business and discontinuing plans to manufacture Big Trucks in the U.S.;

•reducing manufacturing complexity and costs, including manufacturing plant consolidation;

•consolidating supporting facilities and activities;

•simplifying the Company’s organizational structure; and

•reducing the Company’s capital intensity.

The Company is targeting at least $100 million of an annual cost savings expected at maturity in 2029. These anticipated savings relate to cost reductions and mitigation of future expenses related to increased volumes and inflationary factors. Implementation costs are estimated to be at least $50 million over the duration of the programs, including severance, impairment charges, contract termination and other exit-related costs. The Company continues to pursue the mitigation of these costs and is currently unable to estimate the high-end of the expected implementation costs, segments in which these costs will be recorded and future cash expenditures.

These projects remain subject to final planning, applicable legal and regulatory requirements, consultation obligations and other customary approval processes. Accordingly, the scope, timing and financial effect of individual actions may change as planning and implementation progress. The Company expects to provide additional information as material plans and actions are finalized.