UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-10702 Terex Corporation (Exact name of registrant as specified in its charter) Delaware 34-1531521 (State of Incorporation) (IRS Employer Identification No.) 45 Glover Ave, 4 ...

| --- | --- | --- | --- | --- | --- | --- | --- | |----------------|-------|----------|-----------------------------------------|-------|-------|-------|-------| | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Jefferies Virtual Industrial Conference | | | | | | AUGUST 4, 2021 | | | | | | | | | EXECUTE | • | INNOVATE | • GROW | | | | | Forward Looking Statements Certain information in this presentation includes forward-looking statements (within the meaning of Section 27A of t ...

Financial Data and Key Metrics Changes - Terex Corporation reported overall revenues of $1 billion for Q2 2021, a 50% increase year-over-year, with operating profit rising to $123 million from $7 million in the same quarter last year [26][27] - The operating margin improved to approximately 12%, reflecting disciplined cost control and increased production despite supply chain challenges [27][28] - The company achieved a free cash flow of $101 million in the quarter, contributing to a year-to-date total of over $140 million [14][40] Business Line Data and Key Metrics Changes - Aerial Work Platforms (AWP) segment sales reached $595 million, up 44% year-over-year, with bookings of $747 million, nearly tripling the backlog to $1.4 billion [30][31] - Materials Processing (MP) segment sales increased by 67% to $441 million, with an operating margin above 16% and backlog more than tripling to $868 million [32][33] Market Data and Key Metrics Changes - The global market for access equipment is experiencing a multi-year replacement cycle, with increasing demand for non-residential investment and strong order activity [21][22] - Demand in the utility business is robust, driven by tree care, rental, and investor-owned utilities, alongside strong growth in parts and service [23] Company Strategy and Development Direction - The company is focused on executing, innovating, and growing, with plans to maintain SG&A as a percentage of sales below 12.5% for the full year [15] - Terex is investing in both organic and inorganic growth opportunities, including acquisitions to localize production in China and expand product offerings [18][20] Management's Comments on Operating Environment and Future Outlook - Management acknowledged ongoing supply chain disruptions impacting production schedules but expressed confidence in the team's ability to manage these challenges [65][66] - The company expects continued end market strength and a strong third quarter, although operating profit in the second half of 2021 may be lower than the first half due to rising commodity costs [36][37] Other Important Information - The company has a strong liquidity position with over $1.1 billion available and no near-term debt maturities, allowing for continued investment in growth [44] - Terex is committed to maintaining a disciplined capital allocation strategy while focusing on improving cash flow and balance sheet strength [96] Q&A Session Summary Question: Discrepancy between backlog and expected sales - Management indicated that most of the backlog discrepancy is due to supply chain disruptions affecting production schedules [55] Question: Cost pressures and future pricing - Management acknowledged inflationary material cost pressures and indicated plans to achieve price-cost neutrality in 2022 [58][59] Question: Supply chain constraints and production stoppages - Management confirmed that while there have been no absolute plant shutdowns, some value streams have been temporarily halted awaiting parts [66] Question: Strategic priorities and M&A focus - Management highlighted a focus on disciplined capital allocation and pursuing inorganic growth opportunities, particularly in the MP and utility sectors [97] Question: Pricing dynamics in the competitive environment - Management noted rational pricing dynamics in North America and Europe, while indicating aggressive pricing competition in China [114] Question: Free cash flow generation and sustainability - Management emphasized a target of over 100% of net income for free cash flow generation, with a focus on maximizing cash flow every year [123]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 or (203) 222-7170 (Registrant's telephone number, including area code) _______________________________________________________________ Securities registered pursuant to Section 12(b) of the Act: TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission f ...

Financial Performance - Sales increased by 50% year-over-year in Q2 2021[8] - Bookings increased by 218% year-over-year[8] - Backlog increased by 199% year-over-year[8] - The company achieved double-digit margins of 11.8%[8] - AWP margins were 11.0% and MP margins were 16.4%[8] - Earnings per share (EPS) for continuing operations was $1.02, an improvement of $1.07 year-over-year[8] - Free cash flow was $101 million due to net working capital at 16.5% of sales[8] - Net sales reached $1,038.7 million in Q2 2021, a 50.4% increase compared to $690.5 million in Q2 2020[14] Segment Results - AWP segment net sales increased by 43.8% year-over-year[57] - MP segment net sales increased by 67.2% year-over-year[25] - AWP backlog increased by 182% year-over-year to $1,437 million[23, 57] - MP backlog increased by 231% year-over-year to $868 million[25, 57] Outlook - The updated full-year 2021 net sales outlook is ~$3,900 million, compared to the previous outlook of ~$3,700 million[27] - The updated full-year 2021 operating margin outlook is ~8.5%, compared to the previous outlook of ~7.75%[27] - The updated full-year 2021 EPS outlook is $2.85 - $3.05[27]

Terex Corporation (NYSE:TEX) Q1 2021 Earnings Conference Call April 30, 2021 9:00 AM ET Company Participants Randy Wilson - Director-Investor Relations John Garrison - Chairman and Chief Executive Officer John Duffy Sheehan - Senior Vice President and Chief Financial Officer Conference Call Participants Steve Volkmann - Jefferies Mig Dobre - Baird Steven Fisher - UBS Ann Duignan - JPMorgan David Raso - Evercore ISI Jamie Cook - Credit Suisse Timothy Thein - Citigroup Ross Gilardi - Bank of America Brett Lin ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-10702 Terex Corporation (Exact name of registrant as specified in its charter) Delaware 34-1531521 (State of Incorporation) (IRS Employer Identification No.) 45 Glover Ave, 4th F ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) Commission file number 1-10702 TEREX CORPORATION (Exact name of registrant as specified in its charter) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Delaware 34-1531521 (State of Incorporation) (IRS Employer Identification No.) 45 Glover Ave, 4th Floor Norwalk Connecticut 06850 For the Fiscal Year Ended December 31, 2020 (Address of principal executive offices) (Zip Code) Re ...

Terex Corporation (NYSE:TEX) Q4 2020 Earnings Conference Call February 12, 2021 9:00 AM ET Company Participants Randy Wilson - Director-Investor Relations John Garrison - Chairman and Chief Executive Officer John Duffy Sheehan - Senior Vice President and Chief Financial Officer Conference Call Participants Stephen Volkmann - Jefferies Mig Dobre - Baird Ann Duignan - JP Morgan Jamie Cook - Credit Suisse David Raso - Evercore Ross Gilardi - Bank of America Jerry Revich - Goldman Sachs Steven Fisher - UBS Rob ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2020 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15 (d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-10702 Terex Corporation (Exact name of registrant as specified in its charter) Delaware 34-1531521 (State of Incorporation) (IRS Employer Identification No.) 200 Nyala Farm Roa ...