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Srikanth Padmanabhan Joins Terex Board of Directors

1. Srikanth Padmanabhan joins Terex Board of Directors in December 2025. 2. Padmanabhan brings 34 years of experience from Cummins, enhancing Terex's leadership. 3. His background includes roles in manufacturing and operations across multiple countries. 4. The board anticipates his insights will drive business growth and value.

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Why Bullish?

Padmanabhan’s extensive experience and proven growth record at Cummins can strengthen Terex's market position, similar to past executive hires that resulted in improved financial performance.

How important is it?

The leadership change can significantly impact investor confidence and long-term strategy, affecting share performance.

Why Long Term?

Board changes often reposition companies strategically over time, with potential for revenue and profitability Improvement evident in historical context.

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CMILEG
, /PRNewswire/ -- Terex Corporation (NYSE: TEX) today announced that Srikanth Padmanabhan has been appointed to the Company's Board of Directors, effective December 1, 2025. Mr. Padmanabhan recently retired as Executive Vice President and President – Operations of Cummins, Inc., a global power solutions company. Mr. Padmanabhan was a distinguished leader at Cummins for 34 years, including being President of the Engine Business and held several global business leadership roles in the Cummins' Power Generation, Components and Engine segments. He started his career in manufacturing and plant leadership roles and has lived and worked in India, U.S., Mexico, and England. Srikanth Padmanabhan Joins Terex Board of Directors "We look forward to Srikanth's valuable insights and perspectives, which will complement the experience of our current board," commented David A. Sachs, Terex Non-Executive Chairman. "Srikanth is an executive with a proven track record of driving significant business growth and value." Mr. Padmanabhan holds a bachelor's degree in Mechanical Engineering from the National Institute of Technology in Trichy, India and a PhD in Mechanical Engineering from Iowa State University in Ames, Iowa. He is also a graduate of the Advanced Management Program from Harvard Business School. He currently serves on the Board of Directors of Leggett & Platt Incorporated. About Terex  Terex Corporation is a global industrial equipment manufacturer of materials processing machinery, waste and recycling solutions, mobile elevating work platforms (MEWPs), and equipment for the electric utility industry. We design, build, and support products used in maintenance, manufacturing, energy, minerals and materials management, construction, waste and recycling, and the entertainment industry. We provide best-in-class lifecycle support to our customers through our global parts and services organization, and offer complementary digital solutions, designed to help our customers maximize their return on their investment. Certain Terex products and solutions enable customers to reduce their impact on the environment including electric and hybrid offerings that deliver quiet and emission-free performance, products that support renewable energy, and products that aid in the recovery of useful materials from various types of waste. Our products are manufactured in North America, Europe, and Asia Pacific and sold worldwide. For more information, please visit www.terex.com. Contact InformationDerek EverittVP Investor RelationsEmail: [email protected]SOURCE Terex Corporation WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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