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Kadant Named One of America's Most Responsible Companies for Fifth Consecutive Year

1. Kadant named one of America's Most Responsible Companies 2025. 2. Recognition based on Environmental, Social, and Corporate Governance factors. 3. This marks Kadant's fifth consecutive year on the list. 4. Companies selected based on KPIs and public perception surveys. 5. Kadant's initiatives in Sustainable Industrial Processing recognized.

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Why Bullish?

Recognition could enhance corporate reputation and attract investment, similar to past ESG awards boosting stock prices.

How important is it?

Recognition as a responsible company can enhance investor confidence and long-term stock performance.

Why Long Term?

Sustained recognition may positively influence investor sentiment over the long run, as seen with other companies maintaining ESG accolades.

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KAI
WESTFORD, Mass., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Kadant Inc. (NYSE: KAI) announced today that it was named one of "America's Most Responsible Companies 2025" by Newsweek magazine. This was the fifth year Kadant has been included on the awards list which assesses companies on Environmental, Social, and Corporate Governance (ESG) factors. “We are proud to be identified as one of America’s Most Responsible Companies for five consecutive years,” said Jeffrey L. Powell, president and chief executive officer of Kadant. “Our initiatives to advance Sustainable Industrial Processing® are making a difference for our customers and it is rewarding to be recognized for our impact."            The companies awarded were selected based on publicly available key performance indicators (KPIs) derived from CSR Reports, Sustainability Reports, and Corporate Citizenship Reports as well as an independent survey. The KPIs focused on company performance in the environmental, social, and corporate governance areas, while the independent survey asked U.S. citizens about their perception of company activities related to corporate social responsibility. The list recognizes 600 companies across 14 industry categories with the highest scores as the most responsible companies in the United States.   More information about the 2025 rankings is available at newsweek.com/rankings/americas-most-responsible-companies-2025. All registered trademarks are the property of their respective owners. About Kadant Kadant Inc. is a global supplier of technologies and engineered systems that drive Sustainable Industrial Processing®. The Company’s products and services play an integral role in enhancing efficiency, optimizing energy utilization, and maximizing productivity in process industries. Kadant is based in Westford, Massachusetts, with approximately 3,500 employees in 20 countries worldwide. For more information, visit kadant.com. Safe Harbor StatementThe following constitutes a “Safe Harbor” statement under the Private Securities Litigation Reform Act of 1995: This press release contains forward-looking statements that involve a number of risks and uncertainties, including forward-looking statements about our customers, products, operations, and markets. These forward-looking statements represent our expectations as of the date of this press release. We undertake no obligation to publicly update any forward-looking statement, whether as a result of new information, future events, or otherwise. These forward-looking statements are subject to known and unknown risks and uncertainties that may cause our actual results to differ materially from these forward-looking statements as a result of various important factors, including those set forth under the heading "Risk Factors" in Kadant’s annual report on Form 10-K for the fiscal year ended December 30, 2023 and subsequent filings with the Securities and Exchange Commission. ContactsInvestor Contact Information:Michael McKenney, 978-776-2000IR@kadant.comorMedia Contact Information:Wes Martz, 269-278-1715media@kadant.com

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