CECO ENVIRONMENTAL CORP — fact timeline

Jason DeZwirek was appointed as Lead Independent Director at CECO ENVIRONMENTAL CORP.

“Mr. Jason DeZwirek has been designated as the Lead Independent Director.”

Todd Gleason was appointed as Chairman of the Board at CECO ENVIRONMENTAL CORP.

“the Board appointed Todd Gleason, CECO’s Chief Executive Officer and an existing member of the Board, to serve as Chairman of the Board, effective as of the effective time of the First Merger.”

Victor L. Richey was appointed as Director at CECO ENVIRONMENTAL CORP.

“the Board appointed Marcus J. George and Victor L. Richey, each of whom served as a member of the board of directors of Thermon immediately prior thereto, as directors of the Company to fill the two newly created vacancies on the Board.”

Marcus J. George was appointed as Director at CECO ENVIRONMENTAL CORP.

“the Board appointed Marcus J. George and Victor L. Richey, each of whom served as a member of the board of directors of Thermon immediately prior thereto, as directors of the Company to fill the two newly created vacancies on the Board.”

CECO ENVIRONMENTAL CORP reported the first quarter ended March 31, 2026 results: revenue $205.9 million, net income $(0.4) million, EPS $(0.01). Guidance raised.

“with Thermon Group Holdings, Inc. ("Thermon"). Highlights for the Quarter (1) • Orders of $449.5 million, up 97 percent • Backlog of $1,035.1 million, up 72 percent • Revenue of $205.9 million, up 17 percent • Gross profit of $63.9 million, up 3 percent; Gross margin of 31.0 percent • Net loss of $(0.4) million, down 101 percent; non-GAAP net income of $13.9 million,”

CECO ENVIRONMENTAL CORP amended credit facility of $740 million in senior secured revolving credit facility commitments; $235 million incremental senior secured delayed-dr with Bank of America, N.A., as administrative agent at Base rate loans: applicable rate of 0.50% to 2.00% plus highest of (1) Agent's p maturing January 30, 2031.

“On March 30, 2026 (the “Effective Date”), CECO Environmental Corp. (the “Company”) entered into that certain Amendment No. 1 to Fourth Amended and Restated Credit Agreement (the “Amendment”), among the Company, its subsidiaries party thereto, the Lenders (as defined below) party thereto, and Bank of America, N.A., as administrative agent (the “Agent”), which amends the Company’s Fourth Amended and Restated Credit Agreement (the “Existing Credit Agreement”; the Existing Credit Agreement as amended by the Amendment, the “Credit Agreement”), among the Company, its subsidiaries from time to time party thereto, the lenders from time to time party thereto (the “Lenders”), and the Agent. The Amendment amends the Existing Credit Agreement to, among other things, (i) increase the aggregate principal amount of the senior secured revolving credit facility commitments under the Credit Agreement to $740 million (the “Revolving Facility”); (ii) add an incremental senior secured delayed-draw term loa”

CECO ENVIRONMENTAL CORP entered into Agreement and Plan of Merger with Thermon Group Holdings, Inc. (effective 2026-02-23).

“On February 23, 2026, CECO Environmental Corp., a Delaware corporation (the “ Company ”), Longhorn Merger Sub, Inc., a Delaware corporation and direct wholly owned subsidiary of the Company (“ Merger Sub Inc. ”), Longhorn Merger Sub LLC, a Delaware limited liability company and direct wholly owned subsidiary of the Company (“ Merger Sub LLC ”), and Thermon Group Holdings, Inc., a Delaware corporation (“ Thermon ”), entered into an Agreement and Plan of Merger (the “ Merger Agreement ”).”

CECO ENVIRONMENTAL CORP incurred revolving credit of $700.0 million with Bank of America, N.A. at an applicable rate of between 1.50% and 3.00% (fluctuating based on the Company’ maturing January 30, 2031.

“The Credit Agreement provides for a senior secured revolving credit facility in an initial aggregate principal amount of up to $700.0 million (the “Credit Facility”).”

CECO ENVIRONMENTAL CORP amended Fourth Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent valued at Senior secured revolving credit facility of up to $700 million, maturing January 30, 2031, with inte (effective 2026-01-30).

“On January 30, 2026 (the “Effective Date”), CECO Environmental Corp. (the “Company”) entered into the Fourth Amended and Restated Credit Agreement (the “Credit Agreement”), among the Company, its subsidiaries from time to time party thereto, the lenders from time to time party thereto (the “Lenders”), and Bank of America, N.A., as administrative agent (the “Agent”), which amends and restates in its entirety the Company’s Third Amended and Restated Credit Agreement, dated as of October 7, 2024, among the Company, its subsidiaries from time to time party thereto, the lenders from time to time party thereto and the Agent.”