ALTA EQUIPMENT GROUP INC.

Alta Equipment Group Inc. announced that its Board of Directors has approved a quarterly dividend on its Series A Cumulative Perpetual Preferred Stock. The dividend is set at $625 per preferred share, which translates to $0.625 for each outstanding Depositary Share. The dividend will be paid on July 31, 2026, to shareholders of record at the close of business on July 15, 2026.

Alta Equipment Group Inc. reported first-quarter 2026 financial results with total revenues decreasing 3.0% to $410.5 million and Adjusted EBITDA falling 16.4% to $28.1 million. Despite a net loss of $(20.3) million, this was an improvement from the prior year, and net cash provided by operating activities significantly increased to $20.8 million. The company saw strong momentum in Material Handling bookings, up 12.7% year over year, and a 44.5% increase in rental equipment sales, while updating its full-year 2026 Adjusted EBITDA guidance to $167.5 million - $182.5 million.

Alta Equipment Group Inc. announced it will report its financial results for the first quarter ended March 31, 2026, after the U.S. markets close on Thursday, May 7, 2026. Following the release, Alta management will host a conference call and webcast at 5:00 p.m. Eastern Time to discuss the results and answer questions. The press release and supplementary presentation slides will be available on the Company's investor relations website prior to the call.