Workhorse Reminds Shareholders to Vote Today FOR All Proposals

Core Viewpoint - Workhorse Group, Inc. is urging shareholders to vote in favor of all proposals at the upcoming 2025 Annual General Meeting to facilitate a transaction with Motiv and enhance shareholder value in the medium-duty electric vehicle market [3][4]. Shareholder Voting Importance - Shareholders are encouraged to vote before the Annual Meeting scheduled for November 12, 2025, to ensure the transaction with Motiv can proceed [2][6]. - Voting for all proposals is critical for shareholders to gain a significant ownership stake in the combined company, which is positioned to lead in the medium-duty EV market [3][4]. Consequences of Not Voting - If shareholders do not vote for all proposals, the transaction with Motiv will not close, and Workhorse will remain an independent company, potentially facing liquidity issues and the need for restructuring [4][5]. - The lack of access to financial resources from the transaction could result in minimal or no recovery of shareholder equity if restructuring is pursued [5]. Voting Process - Shareholders can submit their votes through various methods, including online voting, attending the virtual meeting, or returning a proxy card [6][7]. - It is emphasized that all shareholders, regardless of the number of shares owned, have the opportunity to change their votes if they previously voted against any proposals [7]. Company Overview - Workhorse Group, Inc. is focused on the transition to zero-emission commercial vehicles, designing and building vehicles in the United States for last-mile delivery and medium-duty operations [8].