Manitex International Investor Presentation — November 2021

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MANITEX INTERNATIONAL, INC.

Third Quarter 2021 Earnings Conference Call

Forward-Looking Statement and Non-GAAP Measures

Safe Harbor Statement under the U.S. Private Securities Litigation Reform Act of 1995: This presentation contains statements that are forward-looking in nature

which express the beliefs and expectations of management including statements regarding the Company’s expected results of operations or liquidity; statements

concerning projections, predictions, expectations, estimates or forecasts as to our business, financialand operational results and futureeconomicperformance; and

statements of management’s goals and objectives and other similar expressions concerning matters that are not historical facts. In some cases, you can identify

forward-looking statements by terminology such as “anticipate,” “estimate,” “plan,” “project,” “continuing,” “ongoing,” “expect,” “we believe,” “we intend,” “may,” “will,”

“should,” “could,” and similar expressions. Such statements are based on current plans, estimates and expectations and involve a number of known and unknown

risks, uncertainties and other factors that could cause the Company's future results, performance or achievements to differ significantly from the results,

performance or achievements expressed or implied by such forward-looking statements. These factors and additional information are discussed in the Company's

filings with the Securities and Exchange Commission and statements in this presentation should be evaluated in light of these important factors. Although we

believe that these statements are based upon reasonable assumptions, we cannot guarantee future results. Forward-looking statements speak only as of the date

on which they are made, and the Company undertakes no obligation to update publicly or revise any forward-looking statement, whether as a result of new

information,futuredevelopmentsor otherwise.

Third quarter net sales increased 39.7% year-over-year, to $50.9 million, compared to

$36.5 million in 2020

Gross profit rose 20.7%, to $8.0 million, versus $6.7 million in the fiscal third quarter of

Adjusted EBITDA* was $1.6 million in the third quarter of fiscal 2021 versus $1.0 million in

Net debt was $26.5 million at the end of the quarter, representing a leverage ratio of less

than 3.0 times trailing Adjusted EBITDA*

$113.6 million backlog remains at 5-year high

European business now more than 60% of total backlog

North America backlog up 66% YTD

Balance Sheet and Credit

$26.5 million Total Net Debt

$33 million in Total Cash and Credit Availability