Alamo : 3-30-2020 Alamo Group to Move to Virtual-Only Annual Meeting of Stockholders for 2020
March 30, 2020 at 04:48 pm EDT
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Alamo Group Inc.
Contact:
Dan E. Malone
Executive Vice President & CFO
830-372-9581
Financial Relations Board
Marilynn Meek
212-827-3773
ALAMO GROUP TO MOVE TO VIRTUAL-ONLY
ANNUAL MEETING OF STOCKHOLDERS FOR 2020
SEGUIN, Texas, March 30, 2020 -- Alamo Group Inc. (NYSE: ALG) today announced that due to public health concerns relating to the coronavirus (COVID-19) pandemic, the 2020 Annual Meeting of Stockholders will now be held solely by means of remote communication, in a virtual-only format. The previously announced date and time of the meeting (Thursday, May 7, 2020 at 9:00 a.m., CT) will not change. The new virtual-only meeting location will be at www.virtualshareholdermeeting.com/ALG2020which link will become active on the day of the Annual Meeting.
Stockholders of record at the close of business on March 13, 2020, are invited to vote their shares at www.proxyvote.comusing instructions provided with their proxy materials. Stockholders will have the opportunity to submit questions during the virtual event using the directions on the virtual website that day. All stockholders will need a control number to use the www.proxyvote.comwebsite and to vote or ask questions; that control number can be found on proxy cards and voting instruction forms included with proxy materials.
About Alamo Group
Alamo Group is a leader in the design, manufacture, distribution and service of high quality equipment for infrastructure maintenance, agriculture and other applications. Our products include truck and tractor mounted mowing and other vegetation maintenance equipment, street sweepers, snow removal equipment, excavators, vacuum trucks, other industrial equipment, agricultural implements, forestry equipment and related after-market parts and services. The Company, founded in 1969, has approximately 4,270 employees and operates 30 plants in North America, Europe, Australia and Brazil as of December 31, 2019. The corporate offices of Alamo Group Inc. are located in Seguin, Texas.
Forward Looking Statements
This release contains forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve known and unknown risks and uncertainties, which may cause the Company's actual results in future periods to differ materially from forecasted results. Among those factors which could cause actual results to differ materially are the following: market demand, competition, weather, seasonality, disease outbreaks such as COVID-19,currency-related issues, and other risk factors listed from time to time in the Company's SEC reports. The Company does not undertake any obligation to update the information contained herein, which speaks only as of this date.
Alamo Group Inc. published this content on 30 March 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 March 2020 20:47:02 UTC
Alamo Group Inc. is engaged in designing, manufacturing, distributing and providing services of equipment for vegetation management, infrastructure maintenance and other applications. The Company operates through two segments: Vegetation Management Division and Industrial Equipment Division. The Vegetation Management Division includes the operations of the mowing and forestry/tree care operations, Morbark and Dutch Power business units. The Industrial Equipment Division includes the Companyâs vocational truck business and other industrial operations, such as excavators, vacuum trucks, street sweepers and snow removal equipment. Its products include tractor-mounted and self-propelled mowers, zero-turn mowers, agricultural implements, tree and branch chippers, forestry/wood recycling equipment, street and parking lot sweepers, leaf and debris collection equipment, pothole patchers, vacuum trucks, hydro-excavation equipment, telescopic boom excavators, and snow removal equipment.
ALAMO GROUP INC. 
