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Columbus McKinnon Announces Liam McCarthy’s Retirement from Board of Directors

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BUFFALO, N.Y.--(BUSINESS WIRE)-- Columbus McKinnon Corporation (the “Company”) (Nasdaq: CMCO), a leading designer, manufacturer and marketer of intelligent motion solutions for material handling, today announced that Liam McCarthy has retired as a member of its Board of Directors (the “Board”) effective January 21, 2023, for family and personal reasons.

Richard H. Fleming, Chairman of the Board, commented, "Liam has been a valuable member of our Board for over 14 years. His strong operating background and his global perspective contributed mightily to the advancement of the Company over those years. On behalf of the Board of Directors, I wish to thank Liam for his service and commitment to Columbus McKinnon and we wish him all the best in the future."

Mr. McCarthy was appointed a Director of the Company in November 2008. He most recently served as the Chair for the Compensation and Succession Committee and as a member of the Audit Committee. Following Mr. McCarthy’s retirement, the Board will be comprised of ten members, nine of which are independent and four of which are diverse.

About Columbus McKinnon

Columbus McKinnon is a leading worldwide designer, manufacturer and marketer of intelligent motion solutions that move the world forward and improve lives by efficiently and ergonomically moving, lifting, positioning and securing materials. Key products include hoists, crane components, precision conveyor systems, rigging tools, light rail workstations and digital power and motion control systems. The Company is focused on commercial and industrial applications that require the safety and quality provided by its superior design and engineering know-how. Comprehensive information on Columbus McKinnon is available at www.columbusmckinnon.com.

Gregory P. Rustowicz

Executive Vice President - Finance and CFO

Columbus McKinnon Corporation

716-689-5442

greg.rustowicz@cmworks.com

Investor Relations:

Deborah K. Pawlowski

Kei Advisors LLC

716-843-3908

dpawlowski@keiadvisors.com

Source: Columbus McKinnon Corporation

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About CMCO

columbus mckinnon manufactures a broad line of material handling products for use in a wide range of markets around the world. primary products include hoists, lifting chain, overhead crane systems and below-the-hook attachments. the company has a rich 135-year history, and many of the brands are the most recognized in the world. products from columbus mckinnon are used to lift, position, and secure loads in hundreds of industries including fabrication, food processing, mining, forestry, entertainment, trucking, utility, and defense – to name only a few.