Hyster-Yale promotes Anthony Salgado to CEO of subsidiary HYMH; adjusts compensation

HYSTER-YALE, INC.

Salgado promoted to CEO of HYMH effective Jan 1, 2025; base salary rises to $768,439.
Salgado's target cash opportunity set at 75% of new salary midpoint ($871,200); equity target 160% of midpoint.
Executive Chairman Alfred M. Rankin Jr. base salary reduced from $1,041,926 to $1,009,411.
Rankin's target cash remains at 90% of salary midpoint ($1,009,411); equity target unchanged at 220%.
Rankin's perquisite cash allowance unchanged at $40,000; Salgado's increased to $35,000.

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