Manitex International Investor Presentation — March 2022

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MANITEX INTERNATIONAL, INC.

Fourth Quarter 2021 Earnings Conference Call

Safe Harbor Statement under theU.S.Private Securities Litigation Reform Actof1995 :This presentation contains statements that areforward -looking innature

which express thebeliefs and expectations ofmanagement including statements regarding theCompany’s expected results ofoperations orliquidity ;statements

concerning projections, predictions, expectations, estimates orforecasts astoourbusiness, financial and operational results and future economic performance ;

and statements ofmanagement’s goals and objectives and other similar expressions concerning matters that arenothistorical facts .Insome cases, you can

identify forward -looking statements byterminology such as“anticipate,” “estimate,” “plan,”“project,” “continuing,” “ongoing,” “expect,” “webelieve,” “weintend,”

“may,”“will,”“should,” “could,” and similar expressions .Such statements arebased oncurrent plans, estimates and expectations and involve anumber ofknown

and unknown risks, uncertainties and other factors that could cause theCompany's future results, performance orachievements todiffer significantly from the

results, performance orachievements expressed orimplied bysuch forward -looking statements .These factors and additional information arediscussed inthe

Company's filings with theSecurities and Exchange Commission and statements inthis presentation should beevaluated inlight ofthese important factors .

Although webelieve that these statements arebased upon reasonable assumptions, wecannot guarantee future results .Forward -looking statements speak only

asofthedate onwhich they aremade, and theCompany undertakes noobligation toupdate publicly orrevise any forward -looking statement, whether asaresult

ofnew information, future developments orotherwise .

▪ Fourth quarter net sales increased 18.2% year -over -year, to $53.4 million,

compared to $45.2 million in 2020

▪ For the full year, net sales rose to $211.5 million from $167.5 million in 2020

▪ Adjusted EBITDA was $0.3 million in the fourth quarter of fiscal 2021

versus $1.5 million in 2020

▪ For the full year, Adjusted EBITDA rose to $8.0 million from $5.7 million in the

▪ $189.0 million backlog –up 66% from Q3 2021

▪ Book -to-bill ratio was 2.4:1

▪ European business now represents 60% of total backlog

▪ North America backlog up 189% YTD

Balance Sheet and Credit

▪ $23.8 million Total Net Debt

▪ Leverage ratio of 3.0 times trailing Adjusted EBITDA

▪ $37.6 million in Total Cash and Credit Availability