CFO Todd Butz to leave June 2025; CHRO Rachele Lehr named successor effective April 22, 2025

Mayville Engineering Company, Inc.

CFO Todd Butz intends to depart MEC on June 30, 2025; will receive $1,042,360 severance.
Rachele Lehr, current CHRO, promoted to CFO effective April 22, 2025 (after annual shareholder meeting).
Lehr has 25+ years experience including senior finance/HR roles at Briggs & Stratton and audit at PwC.
MEC reaffirmed its full-year 2024 financial guidance provided on November 5, 2024.

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