Mayville Engineering Company, Inc. — fact timeline

Mayville Engineering Company, Inc. entered into Underwriting Agreement with William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC, as representatives of the several underwriters valued at $20.00 per share (effective 2026-05-19).

“On May 19, 2026, Mayville Engineering Company, Inc. (the “Company”) entered into an underwriting agreement (the “Underwriting Agreement”) with William Blair & Company, L.L.C. and Craig-Hallum Capital Group LLC, as representatives of the several underwriters thereto (the “Underwriters”), relating to the previously announced underwritten offering of 4,348,000 shares (the “Shares”) of the Company’s common stock, no par value per share (the “Common Stock” and such offering, the “Offering”).”

Mayville Engineering Company, Inc. reported three months ended March 31, 2026 results: revenue $144.8 million, net income ($8.2 million), EPS ($0.40) per diluted share.

“end markets, today announced results for the three-months ended March 31, 2026. FIRST QUARTER 2026 RESULTS (All comparisons versus the prior-year period) ​ ● Net sales of $144.8 million, or +6.8% y/y ● Net loss of $8.2 million, or ($0.40) per diluted share; Non-GAAP Adjusted Diluted EPS of ($0.15) ● Adjusted EBITDA of $6.5 million ● Adjusted EBITDA margin of”

Mayville Engineering Company, Inc. amended revolving credit of $275,000,000 with Wells Fargo Bank, National Association.

“The Third Amendment (i) decreased the total commitment size of the senior secured revolver by $75,000,000, to $275,000,000; (ii) added two additional pricing levels to apply during periods when the consolidated total leverage ratio under the Amended and Restated Credit Agreement is equal to or greater than 4.00 to 1.00 and 5.00 to 1.00, respectively; (iii) provided for increases to the permitted maximum consolidated total leverage ratio under the Amended and Restated Credit Agreement”

Mayville Engineering Company, Inc. entered into Third Amendment with Wells Fargo Bank, National Association valued at $275,000,000 commitment of senior secured revolver (effective 2026-02-25).

“On February 25, 2026, Mayville Engineering Company, Inc. (the “Company”) entered into the Third Amendment (the “Third Amendment”) to its Amended and Restated Credit Agreement, dated as of June 28, 2023, by and among Mayville Engineering Company, Inc., certain subsidiaries of Mayville Engineering Company, as guarantors, the lenders from time-to-time party thereto, and Wells Fargo Bank, National Association, as Administrative Agent for the lenders”

Mayville Engineering Company, Inc. completed an acquisition involving Accu-Fab, LLC for $140.5 million (closed 2025-07-01).

“serves as a supplier to major OEMs in the critical power infrastructure, data center and renewable energy end-markets. ​ The total consideration paid for the acquisition was $140.5 million, subject to customary adjustments including a net working capital adjustment. ​ The Company financed the acquisition by borrowing under its existing $350 million credit”

Mayville Engineering Company, Inc. amended revolving credit of $350 million with Wells Fargo Bank, National Association, as Administrative Agent.

“The First Amendment increased the amount of total allowable borrowings under the revolving credit facility to $350 million from $250 million, by exercising the previously available $100 million accordion feature, among other things.”

Craig D. Nichols was appointed as Senior Vice President Operations and Supply Chain at Mayville Engineering Company, Inc..

“On March 10, 2025, Mayville Engineering Company, Inc. (the “Company”) announced the appointment of Craig D. Nichols as the Company’s Senior Vice President Operations and Supply Chain effective March 10, 2025.”

Allen J. Carlson departed as Director at Mayville Engineering Company, Inc..

“On February 20, 2025, Allen J. Carlson, a director of Mayville Engineering Company, Inc. (the “Company”), advised the Company that he intends to retire from the Board of Directors following the Company’s 2025 annual meeting of shareholders on April 22, 2025.”

Mayville Engineering Company, Inc. reported the three-months ended March 31, 2024 results: revenue $161.3 million, net income $3.2 million, EPS $0.16 per diluted share. Guidance reaffirmed.

“end markets, today announced results for the three-months ended March 31, 2024. FIRST QUARTER 2024 RESULTS (All comparisons versus the prior-year period) ​ ● Net sales of $161.3 million, or +13.1% y/y, including organic growth of 3.3% y/y ● Net income of $3.2 million, or $0.16 per diluted share, an increase of 26% y/y, or $0.04 per diluted share ● Non-GAAP”

Mayville Engineering Company, Inc. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2024 at the 2024-04-16 meeting.

“The shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2024.”

Mayville Engineering Company, Inc. shareholders approved Election of three directors to serve for a three-year term expiring at the 2027 annual meeting at the 2024-04-16 meeting.

“The shareholders elected Allen J. Carlson, Timothy L. Christen and Jennifer J. Kent as directors for a three-year term to expire at the Company’s 2027 annual meeting of shareholders.”

Mayville Engineering Company, Inc. updated its guidance (initiated).

“FULL-YEAR 2024 FINANCIAL GUIDANCE ● Net sales of between $620 million and $640 million ● Adjusted EBITDA of between $72 million and $76 million ● Free Cash Flow of between $35 million to $45 million”

Mayville Engineering Company, Inc. reported the three and twelve-months ended December 31, 2023 results: revenue $588.4 million, net income $7.8 million, EPS $0.38 per diluted share. Guidance initiated.

“● Ratio of net debt to trailing twelve-month Adjusted EBITDA of 2.1x as of Dec 31, 2023 FULL-YEAR 2023 RESULTS (All comparisons versus the prior-year period) ​ ● Net sales of $588.4 million, or +9.1% y/y, including organic growth of 4.3% y/y ● Net income of $7.8 million, or $0.38 per diluted share; non-GAAP Adjusted Diluted EPS of $0.79 ● Adjusted EBITDA of $66.1”

Mayville Engineering Company, Inc. reported three and twelve months ended December 31, 2023 results: revenue $148.6 million, net income $2.2 million, EPS $0.11 per diluted share. Guidance initiated.

“today announced results for the three and twelve-months ended December 31, 2023. FOURTH QUARTER 2023 RESULTS (All comparisons versus the prior-year period) ​ ● Net sales of $148.6 million, or +15.6% y/y, including organic growth of 6.1% y/y ● Net income of $2.2 million, or $0.11 per diluted share; Non-GAAP Adjusted Diluted EPS of $0.21 ● Adjusted EBITDA of $17.7”

Rand P. Stille departed as Chief Operating Officer at Mayville Engineering Company, Inc..

“Rand P. Stille, the Company’s Chief Operating Officer, will be leaving the Company effective as of November 3, 2023.”

Mayville Engineering Company, Inc. reported the three months ended September 30, 2023 results: revenue $158.2 million, net income $1.4 million, EPS $0.07 per diluted share. Guidance initiated.

“THIRD QUARTER 2023 RESULTS (All comparisons versus the prior-year period) ● Net sales of $158.2 million, or +16.1% y/y including organic growth of 6.2% y/y ● Net income of $1.4 million, or $0.07 per diluted share”

Mayville Engineering Company, Inc. reported the three months ended June 30, 2023 results: revenue $139.0 million, net income $1.6 million, EPS $0.08 per diluted share. Guidance raised.

“diverse end-markets, today announced results for the three months ended June 30, 2023. SECOND QUARTER 2023 RESULTS (All comparisons versus the prior-year period) ● Net sales of $139.0 million, or +0.5% y/y ● Net income of $1.6 million, or $0.08 per diluted share ● Non-GAAP Adjusted Diluted EPS of $0.20 ● Adjusted EBITDA of $15.3 million, including a $1.4 million”

Mayville Engineering Company, Inc. completed an acquisition involving shareholders of Mid-States Aluminum for $95,944,962 (closed 2023-07-01).

“also offers related services including design, engineering, extrusions, fabrication, anodizing and finishing, assembly, and packaging. The purchase price in the acquisition was $95,944,962, subject to adjustments for the amount of cash, indebtedness, net working capital, and certain expenses of MSA as of the closing. At the closing of the acquisition, the Company”

Mayville Engineering Company, Inc. amended Amended and Restated Credit Agreement with Wells Fargo Bank, National Association, as Administrative Agent, Wells Fargo Securities, LLC, J.P. Morgan Securities LLC, and TD Bank, N.A., as Joint Lead Arrangers and Joint Bookrunners, and the lenders party thereto (effective 2023-06-28).

“On June 28, 2023, Mayville Engineering Company, Inc. (the “Company”) entered into an Amended and Restated Credit Agreement (the “Amended and Restated Credit Agreement”), by and among the Company, certain Subsidiaries of the Company, as guarantors, the lenders from time to time party thereto, Wells Fargo Bank, National Association, as Administrative Agent for the lenders (the “Agent”), Wells Fargo Securities, LLC, as Joint Lead Arranger and Joint Bookrunner, J.P. Morgan Securities LLC, as Joint Lead Arranger and Joint Bookrunner, and TD Bank, N.A., as Joint Lead Arranger and Joint Bookrunner, which amended and restated the Amended and Restated Credit Agreement, dated as of September 26, 2019, by and among the Company, the lenders from time to time party thereto, the Agent, and Wells Fargo Securities, LLC, as Sole Lead Arranger and Sole Bookrunner, as previously amended to date (the “Existing Credit Agreement”).”

Mayville Engineering Company, Inc. entered into Unit Purchase Agreement with shareholders of Mid-States Aluminum Corp. valued at approximately $96 million (effective 2023-06-19).

“On June 19, 2023, Mayville Engineering Company, Inc. (the “Company”) and the shareholders (the “Sellers”) of Mid-States Aluminum Corp. (“MSA”) entered into an Unit Purchase Agreement (the “Purchase Agreement”), pursuant to which, subject to the satisfaction or waiver of the conditions contained therein and following a reorganization of MSA from a corporation to a limited liability company, the Company will acquire all of the issued and outstanding limited liability interests of MSA (the “Acquisition”) for a total consideration of approximately $96 million”

Mayville Engineering Company, Inc. reported first quarter ended March 31, 2023 results: revenue $142.6 million, net income $2.6 million, EPS $0.12 per diluted share. Guidance reaffirmed.

“FIRST QUARTER 2023 RESULTS (All comparisons versus the prior-year period) ● Net sales of $142.6 million, or +4.7% y/y ● Net income of $2.6 million, ($1.3) million y/y ● Diluted EPS of $0.12, including a ($0.10) per share impact from the Hazel Park facility ramp”

Mayville Engineering Company, Inc.: Decreased the size of the Board of Directors from eight directors to seven directors (effective 2023-04-18).

“Effective immediately preceding the Annual Meeting (as defined below) on April 18, 2023, the Board of Directors of Mayville Engineering Company, Inc. (the “Company”) amended Section 3.01 of Article III of the Bylaws of the Company to decrease the size of the Board of Directors from eight directors to seven directors.”

Mayville Engineering Company, Inc. shareholders approved Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2023 at the 2023-04-18 meeting.

“The shareholders ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for 2023. The results of the vote were as follows: For Against Abstain Broker Non-Votes Votes Percentage (1) Votes Percentage (1) Votes Percentage (2) Votes Percentage (2) 18,002,531 98.50 % 274,818 1.50 % 200,700 N/A — N/A”

Mayville Engineering Company, Inc. shareholders approved Election of two directors, Steven L. Fisher and Robert L. McCormick, to the Company’s Board of Directors for a three-year term to expire at the Company’s 2026 annual meeting of shareholders at the 2023-04-18 meeting.

“The shareholders elected Steven L. Fisher and Robert L. McCormick as directors for a three-year term to expire at the Company’s 2026 annual meeting of shareholders. The results of the vote were as follows: For Withheld Broker Non-Votes Name Votes Percentage (1) Votes Percentage Votes Percentage (2) Steven L. Fisher 9,671,618 59.69 % 6,531,851 40.31 % 2,274,580 N/A Robert L. McCormick 15,643,106 96.54 % 560,363 3.46 % 2,274,580 N/A”

Mayville Engineering Company, Inc. reported three and twelve months ended December 31, 2022 results: revenue $128.5 million, net income $2.4 million, EPS $0.12.

“today announced results for the three and twelve-months ended December 31, 2022. FOURTH QUARTER 2022 RESULTS (All comparisons versus the prior-year period) ● Net sales of $128.5 million, or +13.8% y/y ● Net income of $2.4 million, +$15.9 million y/y ● Diluted earnings per share of $0.12, an increase of $0.77 y/y, including the impact of $2.0 million or $0.10 per”

Mayville Engineering Company, Inc.: Amendment to Section 3.01 of Article III of the Bylaws to increase the size of the Board of Directors from seven to eight directors (effective 2022-12-21).

“the Board of Directors approved an amendment to Section 3.01 of Article III of the Bylaws of the Company to increase the size of the Board of Directors from seven directors to eight directors. This amendment was effective on December 21, 2022.”

Robert L. McCormick was elected as Director at Mayville Engineering Company, Inc..

“On December 21, 2022, the Board of Directors of Mayville Engineering Company, Inc. (the “Company”) elected Robert L. McCormick as a Class III director of the Company to serve for a term to expire at the Company’s 2023 annual meeting of shareholders.”

Mayville Engineering Company, Inc. reported full year 2022 results: revenue between $520 million and $540 million.

“The Company is refining its 2022 financial outlook and has adjusted its expectations as follows: ● Net sales of between $480 million and $530 million has been updated to between $520 million and $540 million. ● Adjusted EBITDA between $58 million and $70 million has been updated to between $58 and $65 million.”

Mayville Engineering Company, Inc. reported third quarter ended September 30, 2022 results: revenue $136.3 million, net income $6.6 million, EPS $0.32.

“Third Quarter 2022 Highlights (all metrics compared to third quarter 2021) ● Net sales grew approximately 25% to $136.3 million ● Net income increased significantly from $0.3 million to $6.6 million ● Basic earnings per share increased by $0.31 to $0.32”

Robert D. Kamphuis departed as Chairman, President and Chief Executive Officer at Mayville Engineering Company, Inc..

“On March 31, 2022 Mayville Engineering Company, Inc. (the “Company”) announced that Robert D. Kamphuis, the Company’s Chairman, President and Chief Executive Officer, will retire (including as a director of the Company) as of September 30, 2022 (the “Retirement Date”).”