Manitex International, Inc. (the ?Company?), the Company?s domestic subsidiaries and Amarillo National Bank (the ?Lender?) previously entered into a Commercial Credit Agreement dated as of April 11, 2022, as amended by the First Amendment to Commercial Credit Agreement dated effective as of April 11, 2023 (the ?Credit Agreement?), by and among the Company, the Company?s domestic subsidiaries and the Lender. On June 12, 2023, the Company and Lender agreed to modify the interest rates of the $40,000,000 revolving credit facility under the Credit Agreement (the ?$40 Million Operating Loan?), the $30,000,000 revolving credit facility under the Credit Agreement (the ?$30 Million Operating Loan?), and the $15,000,000 term loan under the Credit Agreement (the ?Term Loan?). On June 3, 2024, the Company, the Company?s domestic subsidiaries and the Lender entered into a Second Amendment to Commercial Credit Agreement (the ?Second Amendment?).

The Second Amendment is effective as of April 11, 2024. The Second Amendment extends the maturity of the $40 Million Operating Loan from April 11, 2025 to April 11, 2026; provided, that if there is no existing Event of Default (as defined in the Credit Agreement) under the Operating Note on April 11, 2026, the maturity of the Operating Note will be extended to April 11, 2028. This process will repeat on April 11 of each year following 2026, such that the maturity of the $40 Million Operating Loan will continue to extend in one-year increments; provided that the Lender will give the Borrower (as defined in the Credit Agreement and including the Company) one hundred twenty (120) days?

prior written notice if it does not intend to extend the then-maturity date of the $40 Million Operating Loan. The Second Amendment also extends the maturity of the $30 Million Operating Loan from April 11, 2025 to April 11, 2026. The maturity of the Term Loan remains October 11, 2029.