On May 1, 2023, the Board of Directors of The Manitowoc Company, Inc. (the “Company”) appointed Ryan M. Palmer, the Company's Vice President and Corporate Controller, as the Company's principal accounting officer. Brian P. Regan, the Company's Executive Vice President and Chief Financial Officer, continues to be the Company's principal financial officer. Mr. Palmer, 33, has served as Vice President and Corporate Controller of the Company since May 2022.

Prior to his appointment, he was the Assistant Corporate Controller of the Company since September 2020, and served in other positions of increasing responsibilities within the Company's corporate finance team since joining the Company in August 2017. Prior to joining the Company, Mr. Palmer served in positions of increasing responsibility at Deloitte & Touche LLP from 2013 until 2017. Mr. Palmer is a certified public accountant.

Mr. Palmer holds a Master of Professional Accountancy and a Bachelor of Business Administration in accounting from the University of Wisconsin – Whitewater.