The Shyft Group, Inc. 2024-2025 Proxy Voting Records

Description as filed by funds: Election of Directors: Carl Esposito

The Shyft Group, Inc.’s own tally for this item (“Elect Director: Carl Esposito”): 26,848,507 for, 291,011 withheld, per its Form 8-K filed May 14, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 60 asset managers below reported 11,357,093 for, 1,682 withheld.

Showing the 25 largest of 60 asset managers. See all 60 in the interactive database.

Description as filed by funds: Election of Directors: James Sharman

The Shyft Group, Inc.’s own tally for this item (“Elect Director: James Sharman”): 19,420,702 for, 7,718,816 withheld, per its Form 8-K filed May 14, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 72% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 60 asset managers below reported 7,250,058 for, 2,667,723 withheld, 1,440,994 abstained.

Showing the 25 largest of 60 asset managers. See all 60 in the interactive database.

Description as filed by funds: Election of Directors: Terri Pizzuto

The Shyft Group, Inc.’s own tally for this item (“Elect Director: Terri Pizzuto”): 26,895,343 for, 244,175 withheld, per its Form 8-K filed May 14, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.1% of votes cast — FOR ÷ (FOR + WITHHELD); abstentions and broker non-votes are excluded.

The 60 asset managers below reported 11,357,093 for, 1,682 withheld.

Showing the 25 largest of 60 asset managers. See all 60 in the interactive database.

Description as filed by funds: The Merger Proposal Approve and adopt (a) the Agreement and Plan of Merger, dated as of December 16, 2024 (the "Merger Agreement"), by and among The Shyft Group, Inc. (the "Company"), Aebi Schmidt Holding AG ("Aebi Schmidt"), ASH US Group, LLC ("Holdco") and Badger Merger Sub, Inc. ("Merger Sub"), pursuant to which, on the terms and subject to the conditions set forth in the Merger Agreement, Merger Sub will merge with and into the Company (the "Merger"), with the Company surviving the Merger as a direct, wholly owned subsidiary of Holdco and an indirect, wholly owned subsidiary of Aebi Schmidt, and (b) the transactions contemplated thereby, including the Merger (the "Merger Proposal").

The Shyft Group, Inc.’s own tally for this item (“1. A proposal to approve and adopt the Merger Agreement and the transactions contemplated thereby, including the Merger (the " Merger Proposal ")”): 28,074,767 for, 129,541 against — passed, per its Form 8-K filed June 17, 2025 (Item 5.07).

Reported outcome: Approved, in the filing’s own words: “Each Proposal was approved by the requisite vote of Shyft's shareholders.”
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.
Voting standard, as the filing states it: a supermajority of the shares outstanding (“81% of the issued and outstanding”).

The 63 asset managers below reported 9,695,686 for, 27,950 abstained.

Showing the 25 largest of 63 asset managers. See all 63 in the interactive database.

Description as filed by funds: The Adjournment Proposal Approve the adjournment of the Special Meeting, if necessary or appropriate, including to solicit additional proxies, in the event that there are not sufficient votes at the time of the Special Meeting to approve the Merger Proposal or the Advisory Compensation Proposal (the "Adjournment Proposal").

The 62 asset managers below reported 7,225,110 for, 2,322,978 against, 29,385 abstained. The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Showing the 25 largest of 62 asset managers. See all 62 in the interactive database.

Description as filed by funds: APPROVAL OF THE AMENDMENT AND RESTATEMENT OF THE SHYFT STOCK INCENTIVE PLAN.

The Shyft Group, Inc.’s own tally for this item (“4. Approval of the amendment and restatement of The Shyft Stock Incentive Plan”): 26,184,764 for, 933,484 against, per its Form 8-K filed May 14, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 97% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 63 asset managers below reported 10,968,994 for, 444,361 against, 1,435 abstained, 5,825 unknown.

Showing the 25 largest of 63 asset managers. See all 63 in the interactive database.

Description as filed by funds: The Advisory Compensation Proposal Approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Shyft's named executive officers that is based on or otherwise relates to the Merger (the "Advisory Compensation Proposal").

The Shyft Group, Inc.’s own tally for this item (“2. A proposal to approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to Shyft's named executive officers that is based on or otherwise relates to the Merger (the " Advisory Comp”): 24,644,388 for, 3,522,845 against, per its Form 8-K filed June 17, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 87% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports, all 61 managers: 8,784,249 for, 791,206 against, 1,435 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports, all 120 managers: 16,090,385 for, 1,594,661 against, 38,750 abstained, 7,090 unknown. Showing the 25 largest; see all in the interactive database.

Description as filed by funds: Approval, on an advisory basis, of the compensation of the Company's Named Executive Officers.

The Shyft Group, Inc.’s own tally for this item (“3. Approval, on a non-binding basis, of the compensation paid to the Company's Named Executive Officers”): 10,093,413 for, 15,799,365 against, per its Form 8-K filed May 14, 2025 (Item 5.07). FOR was not more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 39% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

Also reported under other wordings, matched to the same row of The Shyft Group, Inc.’s official tally and shown with their own fund figures; their managers are not in the figures or the table on this card: “Advisory Vote to Ratify Named Executive Officers' Compensation” (2 managers, Fund and manager reports combined; may count the same shares twice; no share total shown).

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice).

Fund voting reports, all 59 managers: 2,808,738 for, 7,624,542 against, 834,764 abstained. Showing the 25 largest; see all in the interactive database.

Institutional-manager reports, all 114 managers: 9,798,767 for, 7,826,055 against, 388,652 abstained, 5,825 unknown. Showing the 25 largest; see all in the interactive database.

Fund voting reports and institutional-manager reports both cover this item. An institutional manager can report shares that a fund it advises also reports, so the two are shown separately below and never added together, and their sum is not shown (fund and manager reports combined may count the same shares twice). The figure above is FOR ÷ (FOR + AGAINST + WITHHELD) of the shares these managers voted; abstained and unvoted shares are in neither half, and these managers are a subset of all shareholders, not the meeting result.

Fund voting reports, all 1 managers: 146,731 for.

Institutional-manager reports, all 1 managers: 15,865 for.

Description as filed by funds: RATIFICATION OF THE APPOINTMENT OF DELOITTE & TOUCHE LLP AS THE COMPANY'S INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE FISCAL YEAR ENDING DECEMBER 31, 2025.

The Shyft Group, Inc.’s own tally for this item (“2. Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2025”): 30,282,177 for, 145,190 against, per its Form 8-K filed May 14, 2025 (Item 5.07). FOR was more than half of the votes cast. Whether the item passed is for the filing to say; its statement has not been read for this item.

Reported outcome: not verified — the filing’s own statement of the outcome could not be identified for this item.
Support: 99.5% of votes cast — FOR ÷ (FOR + AGAINST); abstentions and broker non-votes are excluded.

The 61 asset managers below reported 11,413,213 for, 127 against, 1,435 abstained.

Showing the 25 largest of 61 asset managers. See all 61 in the interactive database.