NACCO reduces Chairman consulting fee from $250K to $200K per year effective 2024

NACCO INDUSTRIES INC

Amendment lowers Alfred M. Rankin Jr.'s annual consulting fee from $250,000 to $200,000.
Effective January 1, 2024; monthly fee becomes $16,666.67.
Rankin continues as Chairman of the Board and will advise CEO and senior leadership.
Consulting agreement originally from October 2017, previously reduced from $500K to $250K.

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