Cargotec cancels its Annual General Meeting from Tuesday 17 March 2020 and moves it to a later date

CARGOTEC CORPORATION, STOCK EXCHANGE RELEASE, 16 MARCH 2020 AT 8:00 PM (EET)

Cargotec cancels its Annual General Meeting from Tuesday 17 March 2020 and moves it to a later date

Based on the development of the coronavirus situation and the announcement by the Finnish Government today, Cargotec has decided to cancel tomorrow’s 17 March 2020 Annual General Meeting.

The Finnish Government announced today that public gatherings will be limited to a maximum of ten persons. Consequently, Cargotec’s Board of Directors has today decided to cancel the Annual General Meeting from tomorrow.

Cargotec will convene the Annual General Meeting at a later stage.

For further information, please contact:

Carina Geber-Teir, SVP Communications, Cargotec, carina.geber-teir(a)cargotec.com, tel. 0

Cargotec (Nasdaq Helsinki: CGCBV) enables smarter cargo flow for a better everyday with its leading cargo handling solutions and services. Cargotec's business areas Kalmar, Hiab and MacGregor are pioneers in their fields. Through their unique position in ports, at sea and on roads, they optimise global cargo flows and create sustainable customer value. Cargotec's sales in 2019 totalled approximately EUR 3.7 billion and it employs around 12,500 people.