Douglas Dynamics appoints two new independent directors; Dano retires after 13 years

DOUGLAS DYNAMICS, INC

Jennifer Ansberry (EVP, GC at Lincoln Electric) and Bradley Nelson (CEO of MasterCraft Boat) appointed as independent directors, effective Oct 29, 2025.
Margaret Dano retires from board effective Nov 1, 2025, after 13 years of service; retirement not due to any disagreement.
Board expands to 9 then reduces to 8 after Dano's retirement; new directors join Audit, Compensation, and Nominating & Governance committees.
Kenneth Krueger appointed Chair of Nomination & Corporate Governance committee, succeeding Dano.

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