Acquisition Details - Hubbell Incorporated has completed the acquisition of DMC Power, LLC from an affiliate of Golden Gate Capital [1] - The acquisition was financed through a new unsecured term loan facility totaling $600 million and issuances of commercial paper [1] Company Overview - DMC Power specializes in designing and manufacturing connector technology systems for high voltage power infrastructure, employing over 350 people [2] - DMC Power operates two manufacturing facilities located in Carson, CA and Olive Branch, MS, along with multiple distribution facilities across North America [2] Hubbell's Business Profile - Hubbell Incorporated is a leading manufacturer of utility and electrical solutions, with 2024 revenues reported at $5.6 billion [3] - The company focuses on enabling customers to operate critical infrastructure safely, reliably, and efficiently [3] - Hubbell's corporate headquarters is situated in Shelton, CT [3]

Group 1 - Edward H. Baine has been elected to the Board of Directors of Hubbell Incorporated, effective August 29, 2025, increasing the total number of Directors to eleven, with ten being independent [1] - Mr. Baine is currently the executive vice president of Utility Operations and president of Dominion Energy Virginia, overseeing operations that serve over four million customer accounts [2] - Hubbell's Chairman, President, and CEO, Gerben Bakker, emphasized that Mr. Baine's extensive expertise in the utility industry and operational leadership will enhance Hubbell's focus on critical infrastructure solutions and long-term shareholder value [3] Group 2 - Hubbell Incorporated is a leading manufacturer of utility and electrical solutions, with 2024 revenues reported at $5.6 billion, aimed at enabling safe, reliable, and efficient operation of critical infrastructure [4]

Company Overview - Hubbell Incorporated is a leading manufacturer of utility and electrical solutions, enabling customers to operate critical infrastructure safely, reliably, and efficiently [3] - The company reported revenues of $5.6 billion for the year 2024, indicating a strong market presence [3] - The corporate headquarters is located in Shelton, CT [3] Upcoming Event - Bill Sperry, Chief Financial Officer of Hubbell, will present at the J.P. Morgan 2025 Industrials Conference [1] - The event is scheduled for March 11, 2025, at 12:15 PM ET and will be available via webcast [1] - Live audio of the event can be accessed through Hubbell's Investor Relations section on their website [2]