Commercial Vehicle Group, Inc. — fact timeline

Commercial Vehicle Group, Inc. reported first quarter ended March 31, 2026 results: revenue $171.5 million, net income $0.9 million, EPS $0.03 per diluted share. Guidance reaffirmed.

“• Revenues of $171.5 million, up 1.0%, primarily driven by 14% growth in our Global Electrical Systems segment. • Operating income of $14.7 million, which included $14.0 million gain on sale of assets, was up $13.3 million, compared to $1.4 million. Adjusted operating income of $2.0 million, relatively flat compared to $2.1 million. • Net income from continuing operations of $0.9 million, or $0.03 per diluted share and adjusted net loss of $3.4 million, or $(0.10) per diluted share, compared to net loss from continuing operations of $3.1 million, or $(0.09) per diluted share and adjusted net loss of $2.6 million, or $(0.08) per diluted share.”

Commercial Vehicle Group, Inc. entered into Purchase and Sale Agreement with Big Acquisitions LLC, an affiliate of 200 National LLC valued at $16,000,000 (effective 2026-03-27).

“On March 27, 2026, CVG National Seating Company, LLC (“Seller”), a subsidiary of Commercial Vehicle Group, Inc. (collectively with its subsidiaries, the “Company”), entered into a Purchase and Sale Agreement (the “Purchase Agreement”) with Big Acquisitions LLC, an affiliate of 200 National LLC (collectively, the “200 National”), pursuant to which the parties agreed to consummate a sale and leaseback transaction (the “Sale and Leaseback Transaction”).”

Commercial Vehicle Group, Inc. incurred revolving credit of $115.0 million with Bank of America, N.A. maturing June 27, 2030.

“borrowers thereunder are entitled (subject to the terms and conditions described therein) to request loans and other financial accommodations in an amount equal to the lesser of $115.0 million and a borrowing base composed of accounts and inventory. The Revolving Credit Facility comprises of a US subfacility of $100.0 million and a UK subfacility of $15 million, in”

Commercial Vehicle Group, Inc. incurred term loan of $95 million with TCW Asset Management Company LLC at SOFR plus 9.75% maturing June 27, 2030.

“On June 27, 2025, Commercial Vehicle Group, Inc. (the “Company”) entered into a $95 million secured credit facility (the “Term Loan Facility”) pursuant to a term loan and security agreement (the “Term Loan Agreement”) with TCW Asset Management Company LLC (“TCW Management”), as administrative agent, and other lender parties thereto.”

Robert C. Griffin departed as Chairman of the Board at Commercial Vehicle Group, Inc..

“On April 2, 2025, Robert C. Griffin, a director of the Company since July 2005, and current Chairman of the Board of the Company, informed the Company that he will be retiring from the Board of the Company, without standing for re-election at the 2025 Annual Meeting of Stockholders.”

Scott Reed was appointed as Chief Operating Officer at Commercial Vehicle Group, Inc..

“Effective February 13, 2025, Commercial Vehicle Group, Inc., (the “Company”) appointed Scott Reed (60-years old) to the position of Chief Operating Officer of the Company.”

Richard Tajer resigned as President of Electrical Systems at Commercial Vehicle Group, Inc..

“On October 31, 2024, the Company and Richard Tajer, President of Electrical Systems, reached a separation agreement (the “Separation Agreement”) pursuant to which Mr. Tajer will cease being President of Elecrical Systems effective immediately and cease being an employee effective December 31, 2024.”

Commercial Vehicle Group, Inc. shareholders approved Ratification of KPMG LLP as independent auditor at the 2024-05-16 meeting.

“The appointment of KPMG LLP as the Company’s independent public accounting firm for the fiscal year ending December 31, 2024 was ratified: Votes For Votes Against Abstain Broker Non-Votes 29,522,086 546,195 65,595 0”

Commercial Vehicle Group, Inc. shareholders approved Advisory vote on executive compensation at the 2024-05-16 meeting.

“The non-binding advisory proposal to approve the compensation of the named executive officers was approved: Votes For Votes Against Abstain Broker Non-Votes 23,243,086 3,092,995 6,752 3,791,043”

Commercial Vehicle Group, Inc. shareholders approved Election of Directors at the 2024-05-16 meeting.

“The following directors were elected for terms expiring at the Company’s Annual Meeting in 2025: Name Votes For Votes Withheld Broker Non-Votes Melanie K. Cook 24,296,995 2,045,838 3,791,043 Ruth Gratzke 22,917,487 3,425,346 3,791,043 Robert C. Griffin 23,747,710 2,595,123 3,791,043 William C. Johnson 24,292,509 2,050,324 3,791,043 J. Michael Nauman 22,980,611 3,362,222 3,791,043 Wayne M. Rancourt 23,519,892 2,822,941 3,791,043 James R. Ray 24,355,802 1,987,031 3,791,043”

Commercial Vehicle Group, Inc. reported first quarter ended March 31, 2024 results: revenue $232.1 million, net income $2.9 million, EPS $0.09. Guidance reaffirmed.

“today announced financial results for its first quarter ended March 31, 2024. First Quarter 2024 Highlights (Compared with prior year, where comparisons are noted) • Revenues of $232.1 million, down 11.6% due primarily to a softening in customer demand, partially offset by an increase in Electrical Systems sales. • Operating income of $6.6 million, down 55.1%; adjusted”

Commercial Vehicle Group, Inc. reported fourth quarter and full year ended December 31, 2023 results: revenue $223.1 million, net income $23.3 million, or $0.70 per diluted share, EPS $0.70 per diluted share. Guidance reaffirmed.

“by reference, except as otherwise expressly stated in such filing. --- EX-99.1 (EX-99.1) --- CVG REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS Fourth quarter sales of $223 million, record annual sales of $995 million Full year adjusted EBITDA margins increased by 140 bps to 6.8% Provides outlook and guidance for full year 2024 NEW ALBANY, OHIO (March 4,”