Board of Directors Composition - Jaakko Eskola was elected as Chair of the Board and Casimir Lindholm as Vice Chair [1] - All members of the Board of Directors are considered independent of the Company and its significant shareholders [1] Committees Established - Audit and Risk Management Committee: Lars Engström, Marcus Hedblom, Vesa Laisi, and Sari Pohjonen (Chair) [2] - Personnel and Remuneration Committee: Jaakko Eskola (Chair), Carita Himberg, Casimir Lindholm, and Emilia Torttila-Miettinen [2] - Technology Committee (non-permanent): Lars Engström, Vesa Laisi, and Emilia Torttila-Miettinen (Chair: Vesa Laisi) [3] Company Overview - Kalmar operates globally in over 120 countries and employs approximately 5,300 people [4] - The company reported sales of approximately EUR 1.7 billion in 2025 [4] - Kalmar focuses on sustainable material handling equipment and services for critical supply chains [4]

Core Points - The Annual General Meeting (AGM) of Kalmar Corporation was held on 31 March 2026, in Helsinki, Finland, where all proposals by the Shareholders' Nomination Board and the Board of Directors were approved [1] Financial Statements and Profit Distribution - The AGM adopted the financial statements for the financial year 2025 and approved a dividend distribution of EUR 1.09 per class A share and EUR 1.10 per class B share, with the record date set for 2 April 2026 and payment on 13 April 2026 [2] Board of Directors - The number of Board members was confirmed at eight, with Jaakko Eskola, Lars Engström, Marcus Hedblom, Vesa Laisi, Casimir Lindholm, Sari Pohjonen, and Emilia Torttila-Miettinen re-elected, and Carita Himberg elected as a new member [4] - The yearly remuneration for the Board members was confirmed, with approximately 40% of the fixed yearly remuneration to be paid in Kalmar's class B shares and the remainder in cash [5][9] Meeting Fees - A meeting fee of EUR 1,000 will be paid for meetings in the member's country of residence, EUR 2,000 for meetings in a different country, and EUR 3,000 for meetings on a different continent [6] Auditor and Sustainability Reporting - The AGM re-elected Ernst & Young Oy as the Company's auditor and sustainability reporting assurance provider for a term ending at the end of the Annual General Meeting 2027 [7] Authorisations to the Board of Directors - The AGM authorised the Board to decide on share repurchases and issuance of shares and option rights, effective until the end of the next AGM, but no longer than 18 months [10] - The Board was also authorised to decide on donations for university collaboration, charity, or similar purposes, with a maximum amount of EUR 200,000, effective until the end of the next AGM [11] Company Overview - Kalmar operates globally in over 120 countries, employing approximately 5,300 people, and reported sales of approximately EUR 1.7 billion in 2025 [12]

Core Viewpoint - Kalmar Corporation is undergoing leadership changes aimed at enhancing long-term strategic growth and performance, including the appointment of a new Chief Financial Officer and the departure of the President of Services [1][4]. Leadership Changes - Katri Hokkanen has been appointed as the new Chief Financial Officer (CFO), effective no later than October 1, 2026, succeeding Sakari Ahdekivi, who will remain until December 31, 2026, to ensure a smooth transition [2][3]. - Thomas Malmborg will step down as President of Services on September 30, 2026, after over 36 years with the company, and will also assist in the transition until year-end [4][5]. Company Vision and Strategy - The company is focusing on sustainable innovations and service growth, aiming to secure its leadership position in a rapidly changing environment as it shifts its focus towards 2030 and beyond [5]. - Kalmar operates globally in over 120 countries and employs approximately 5,300 people, with sales totaling approximately EUR 1.7 billion in 2025 [6].

Core Insights - Kalmar Corporation has made a EUR 100,000 donation to Tampere University to enhance the development of strategic technology areas crucial for sustainable innovations, focusing on electrification, automation, AI, and digitalisation [1][2]. Group 1: Donation and Strategic Cooperation - The donation aims to strengthen long-term strategic cooperation between Kalmar and Tampere University, facilitating advancements in key technology areas [1][2]. - This partnership is expected to attract new talents and expertise, enhancing collaboration in national and international research projects [2]. Group 2: Statements from Leadership - Tommi Pettersson, SVP of Strategy, Sustainability & Technology at Kalmar, emphasized that the donation is an investment in the future, aimed at accelerating the development of strategic technology areas [2]. - Keijo Hämäläinen, President of Tampere University, expressed appreciation for Kalmar's commitment to advancing research and innovation, highlighting the importance of the donation for the future of industry and society [2]. Group 3: Company Overview - Kalmar operates globally in over 120 countries, employing approximately 5,300 people and focusing on sustainable material handling equipment and services [3]. - In 2025, Kalmar's sales totaled approximately EUR 1.7 billion, indicating its significant presence in critical supply chains worldwide [3][7].

Group 1 - Kalmar Corporation will host a Capital Markets Day on 2 November 2026 in Copenhagen, Denmark, providing an opportunity for investors and analysts to engage with the leadership team and discuss the company's strategy and growth opportunities [1][2] - The event will include a live webcast of presentations and an online Q&A session, allowing participants to ask questions [1][2] - A site visit to Kalmar's Innovation Center in Ljungby, Sweden, is scheduled for 3 November 2026, featuring presentations, a site tour, and product demonstrations [2][3] Group 2 - The preliminary timetable for the Capital Markets Day includes registration, presentations, discussions, and a dinner with management [2] - The site visit on 3 November will involve bus transportation from Copenhagen to Ljungby, followed by presentations, lunch, and demo sessions [3] - Kalmar is a global leader in sustainable material handling equipment, with sales of approximately EUR 1.7 billion in 2025 and operations in over 120 countries [4]

Core Insights - Kalmar has signed an agreement to supply two hybrid straddle carriers to Opleidingscentrum voor Havenarbeiders (OCHA) in Antwerp, enhancing their training capacity for port workers [1][2]. Group 1: Agreement Details - The order for the straddle carriers was recorded in Kalmar's Q1 2026 order intake, with delivery expected in Q4 2026 [1]. - OCHA's existing fleet includes five Kalmar straddle carriers, and they have been utilizing Kalmar equipment for training since 2003 [2]. Group 2: Training Program - OCHA's training program consists of one week on simulators followed by two weeks on actual machines, preparing drivers for real port operations [2]. - The new straddle carriers will further enhance OCHA's ability to train straddle carrier drivers effectively [2]. Group 3: Company Statements - Geert De Bondt, Operations Supervisor at OCHA, emphasized the importance of high-quality, reliable equipment for their training programs and noted the long-standing relationship with Kalmar [3]. - Damien Cols, Director Global Customers at Kalmar, highlighted the significance of comprehensive training in ensuring safe and efficient cargo handling, expressing satisfaction that OCHA continues to choose Kalmar equipment [3]. Group 4: Company Overview - Kalmar is a leading global supplier of material handling equipment, operating in over 120 countries with approximately 5,300 employees [4]. - In 2025, Kalmar's sales reached approximately EUR 1.7 billion, reflecting its strong position in the industry [4].

Core Viewpoint - The company faced significant challenges in the fourth quarter of 2025, including tariff-related costs and lower shipment volumes, leading to an adjusted operating loss despite a notable increase in bookings, indicating potential demand recovery [1][4][7]. Financial Performance - Fourth-quarter revenue declined to $923 million, impacted by weakened shipment volumes and customer delays in purchasing [2][7]. - The company reported an adjusted operating loss of $16 million in Q4, which included $40 million in gross tariff costs [1][7]. - For the full year 2025, revenue was $3.8 billion with an adjusted operating profit of $16 million, reflecting approximately $100 million in tariff costs [9][7]. Order and Booking Trends - Fourth-quarter bookings rose significantly, increasing 42% sequentially and 35% year-over-year to about $540 million, suggesting a potential early sign of demand recovery [3][12]. - The backlog at year-end was $1.28 billion, with North America showing improvement while other regions lagged [5][13]. Market Conditions - The global lift truck market remained challenged, with year-over-year declines across regions, although North America showed meaningful sequential improvement [10]. - Customers are focused on cash preservation and higher financing costs, leading to deferred capital spending, particularly for higher-duty equipment [11]. Outlook and Projections - The company anticipates a trough in Q1 2026, with gradual production and shipment recovery expected, and stronger volumes in the second half of 2026 [6][15]. - Management forecasts a small loss in the first half of 2026, followed by a moderate full-year operating profit as gross margins normalize to the mid-to-high teens [6][18]. Cost Management and Initiatives - The company is targeting recurring annualized savings of $85 million to $100 million by 2028, with a $40 million to $45 million program starting in 2026 [5][19]. - Ongoing restructuring and optimization initiatives are aimed at reducing costs and improving resilience, including manufacturing footprint optimization and product investments [19][23]. Product Development and Innovation - The company is launching new modular and scalable platform products for electric counterbalance trucks, with initial orders already received [24]. - Automation efforts are progressing well, with pilot installations and an official launch of the automated "IDA" truck scheduled for April [24]. Executive Insights - The Executive Chairman emphasized the actions taken to lower costs and increase operational flexibility, noting early signs of stabilization and a potential turning point in 2026 [25].

Group 1 - Kalmar Corporation is involved in the management of critical supply chains globally, focusing on sustainable material handling equipment and services [2] - The company offers a diverse range of heavy material handling equipment and services for ports, terminals, distribution centers, manufacturing, and heavy logistics [2] - Kalmar operates in over 120 countries and employs approximately 5,300 people [2] Group 2 - In 2025, Kalmar's sales totaled approximately EUR 1.7 billion [2] - Carina Geber-Teir, a senior manager at Kalmar, received a share-based incentive of 13,637 shares at a unit price of 0.00 EUR [1] - The transaction was reported as an initial notification under the relevant regulations [1]

Group 1 - Kalmar Corporation is involved in the management of critical supply chains globally, focusing on sustainable material handling equipment and services [2] - The company operates in over 120 countries and employs approximately 5,300 people [2] - In 2025, Kalmar's sales totaled approximately EUR 1.7 billion [2] Group 2 - Alf-Gunnar Karlgren, a senior manager at Kalmar, received a share-based incentive of 2,000 shares at a unit price of 0.00 EUR on March 2, 2026 [1] - The transaction is categorized as an initial notification under the relevant regulations [1]

Group 1 - Kalmar Corporation is focused on sustainable material handling equipment and services, aiming to be a leader in the industry [2] - The company operates globally in over 120 countries and employs approximately 5,300 people [2] - In 2025, Kalmar's sales totaled approximately EUR 1.7 billion [2] Group 2 - Sakari Ahdekivi, the Chief Financial Officer, received a share-based incentive of 4,520 shares at a unit price of 0.00 EUR on March 2, 2026 [1]