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Sales increased 3.4% year-over-year with notable improvement in profitability Strong balance sheet is well-positioned with net leverage ratio less than 2.0x Maintained full-year 2025 outlook Merger integration planning underway with Aebi Schmidt ; transaction remains on track to close by mid-2025

NOVI, Mich. , April 18, 2025 /PRNewswire/ — The Shyft Group, Inc. (NASDAQ: SHYF) (” Shyft ” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecommerce-driven parcel delivery, as well as the broader commercial, retail, and service specialty

The registration statement includes combined company pro forma U.S. GAAP revenues of $1.9 billion and adjusted EBITDA of $148 million in 2024 Upon the closing of the proposed merger, the combined company will be named ” Aebi Schmidt Group ” and listed and traded on Nasdaq under the symbol “AEBI”

NOVI, Mich. , March 17, 2025 /PRNewswire/ — The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, announced that management will attend the 37th Annual ROTH

Reintroducing the Utilimaster Trademaster Service Body and Showcasing the Marketplace Dry Freight Truck to Address Evolving Service and Delivery Needs NOVI, Mich. , March 5, 2025 /PRNewswire/ — Utilimaster, a go-to-market brand of The Shyft Group, Inc.

Marking Five Decades of Purpose-Built Innovation, Performance, and Sustainability Press Conference: March 5 , 3:15 PM ET | Booth #2921 Ride & Drive: Blue Arc Class 4 EV | Booth #2927, March 5-6, 11 AM – 3:30 PM NOVI, Mich. , March 3, 2025 /PRNewswire/ — The Shyft Group, Inc.

NOVI, Mich. , Feb. 25, 2025 /PRNewswire/ — The Shyft Group, Inc. (NASDAQ: SHYF), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service markets, today announced the expansion of its close collaboration with Isuzu North America

Delivered double-digit Fleet Vehicles and Services (FVS) margins bolstered by operational improvements Strong Specialty Vehicles (SV) margins Successfully shipped Blue Arc™ Class 4 EV trucks to FedEx Provides full-year 2025 sales outlook of $870 to $970 million , up 17% year-over-year at the

NOVI, Mich. , Feb. 14, 2025 /PRNewswire/ — The Shyft Group, Inc. (NASDAQ: SHYF) (” Shyft ” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for the commercial, retail, and service specialty vehicle markets, today announced that its Board of

NOVI, Mich. , Feb. 7, 2025 /PRNewswire/ — The Shyft Group, Inc. (NASDAQ: SHYF) (” Shyft ” or the “Company”), the North American leader in specialty vehicle manufacturing, assembly, and upfit for ecommerce-driven parcel delivery, as well as the broader commercial, retail, and service specialty