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Commercial Vehicle Group, Inc.

For the period ended Apr 27, 2026. Filed Apr 27, 2026.

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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Apr 27, 2026 · Filed Apr 27, 2026

CVGI$3.15-3.7%Stored close · as of Nov 6, 2026
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Appendix B

Calculation of Non-GAAP Financial Measures

This Proxy Statement contains financial measures that are not calculated in accordance with U.S. generally accepted accounting principles (“GAAP”). In general, the non-GAAP measures exclude items that (i) management believes reflect the Company’s multi-year corporate activities; or (ii) relate to activities or actions that may have occurred over multiple or in prior periods without predictable trends. Management uses these non-GAAP financial measures internally to evaluate the Company’s performance, engage in financial and operational planning and to determine incentive compensation.

Management provides these non-GAAP financial measures to investors as supplemental metrics to assist readers in assessing the effects of items and events on the Company’s financial and operating results and in comparing the Company’s performance to that of its competitors and to comparable reporting periods. The non-GAAP financial measures used by the Company may be calculated differently from, and therefore may not be comparable to, similarly titled measures used by other companies.

The non-GAAP financial measures disclosed by the Company should not be considered a substitute for, or superior to, financial measures calculated in accordance with GAAP. The financial results calculated in accordance with GAAP and reconciliations to those financial statements set forth above should be carefully evaluated.

Reconciliation of GAAP to Non-GAAP Financial Measures used in Pay Versus Performance:

Adjusted Operating Income (OI). We calculate Adjusted OI as shown below and disclosed in the Company's Earnings Release 2025, 2024 and 2023.

Twelve Months Ended
December 31, 2025December 31, 2024December 31, 2023
Operating income (loss)$(656)$(758)$39,873
Restructuring5,47610,7841,800
Gain on sale of fixed assets—(3,544)—
Total operating income adjustments5,4767,2401,800
Adjusted operating income (loss)$4,820$6,482$41,673
% of revenues0.7%0.9%5.0%
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.