ALAMO GROUP INC. RECEIVES NOTIFICATION OF STRIKE AT GRADALL INDUSTRIES LLC

Group 1 - Alamo Group Inc. subsidiary Gradall Industries LLC's unionized workers have elected to strike due to failed labor agreement negotiations, involving approximately 200 workers from the International Association of Machinists and Aerospace Workers [1] - The company is committed to negotiating in good faith with union leaders to reach a new labor agreement and restore normal operations [1] Group 2 - Alamo Group is a leader in the design, manufacture, distribution, and service of high-quality equipment for infrastructure maintenance, agriculture, and other applications [2] - The company was founded in 1969 and has approximately 4,350 employees, operating 29 plants across North America, Europe, Australia, and Brazil as of December 31, 2023 [2]