0002048519 2025-01-01 2025-12-31 0002048519 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:PeoMember 2025-01-01 2025-12-31 0002048519 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:PeoMember 2025-01-01 2025-12-31 0002048519 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:PeoMember 2025-01-01 2025-12-31 0002048519 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:PeoMember 2025-01-01 2025-12-31 0002048519 ecd:EqtyAwrdsInSummryCompstnTblForAplblYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0002048519 ecd:YrEndFrValOfEqtyAwrdsGrntdInCvrdYrOutsdngAndUnvstdMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0002048519 ecd:ChngInFrValOfOutsdngAndUnvstdEqtyAwrdsGrntdInPrrYrsMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0002048519 ecd:ChngInFrValAsOfVstngDtOfPrrYrEqtyAwrdsVstdInCvrdYrMember ecd:NonPeoNeoMember 2025-01-01 2025-12-31 0002048519 1 2025-01-01 2025-12-31 0002048519 2 2025-01-01 2025-12-31 0002048519 3 2025-01-01 2025-12-31 0002048519 4 2025-01-01 2025-12-31 iso4217:USD pure Aebi Schmidt Holding AG true <div class="BRDSX_h1" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 24pt; font-weight: bold; margin-top: 42pt; margin-left: 0pt; text-align: left;">Pay Versus Performance </div><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 9pt; margin-top: 8pt; margin-left: 0pt; text-align: justify;">The following information has been prepared in accordance with the SEC’s pay versus performance (“PvP”) disclosure requirements under Item 402(v) of Regulation S-K for fiscal year 2025 (a “Covered Year”). </div><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 9pt; margin-top: 8pt; margin-left: 0pt; text-align: justify;">The Committee has implemented an executive compensation program that is intended to link a substantial portion of our NEOs’ total compensation to the achievement of various short- and long-term financial and operational metrics, and to be aligned with shareholder value. The Committee does not consider the Compensation Actually Paid (“CAP”) metric as a basis for making compensation decisions. We invite you to refer to the CD&amp;A for details on how we align pay with performance, and how the Committee approaches designing our executive compensation program. </div><div class="BRDSX_h2" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 12pt; font-weight: bold; margin-top: 17.5pt; text-align: center;">2025 Pay Versus Performance </div><table cellpadding="0" class="BRDSX_fintab" style="border-spacing: 0; border-bottom: 1pt solid #000000; width: 522pt; margin-left: auto; margin-right: auto;"><tr class="BRDSX_boxspacer"><td style="height: 12pt; width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 29pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 52.16pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 52.16pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 62.5pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 62.5pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td colspan="4" style="height: 12pt; width: 100.32pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 31.02pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 50.48pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_header"><td style="width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 29pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 3pt; text-align: left;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 52.16pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 52.16pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 62.5pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 62.5pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td colspan="4" style="width: 100.32pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">Value of Initial Fixed $100 <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: center;">Investment Based On:</div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 31.02pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.48pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;"> </div></td><td style="width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_header"><td style="width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 29pt; padding-top: 4.4pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; margin-left: 3pt; text-align: left;">Year ⁽¹⁾</div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 52.16pt; padding-top: 4.4pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Summary <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Compensation <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Table Total for <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">PEO⁽²⁾</div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 52.16pt; padding-top: 4.4pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Compensation <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Actually Paid <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">to PEO⁽³⁾</div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 62.5pt; padding-top: 4.4pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: right;">Average <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: right;">Summary <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: right;">Compensation <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: right;">Table Total for <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: right;">Non-PEO NEOs⁽⁴⁾</div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 62.5pt; padding-top: 4.4pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: right;">Average <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: right;">Compensation <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: right;">Actually Paid to <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: right;">Non-PEO NEOs⁽⁵⁾ </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 45.17pt; padding-top: 4.4pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Total<br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Shareholder <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Return⁽⁶⁾</div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 45.17pt; padding-top: 4.4pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Peer Group <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Total <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Shareholder <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Return⁽⁷⁾</div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 31.02pt; padding-top: 4.4pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Net <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">Income <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">(000s)⁽⁸⁾</div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.48pt; padding-top: 4.4pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: right;">​Operating <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: right;">EBIT as a % of <br/></div><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; white-space: nowrap; text-align: right;">Net Sales⁽⁹⁾ </div></td><td style="width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 29pt; padding-top: 4.4pt; text-align: left; vertical-align: bottom;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">2025</div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 52.16pt; padding-top: 4.4pt; text-align: center; vertical-align: bottom;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">$2,848,741</div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 52.16pt; padding-top: 4.4pt; text-align: center; vertical-align: bottom;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">$2,918,585</div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 62.5pt; padding-top: 4.4pt; text-align: center; vertical-align: bottom;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">$891,139</div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 62.5pt; padding-top: 4.4pt; text-align: center; vertical-align: bottom;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">$1,007,872</div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 45.17pt; padding-top: 4.4pt; text-align: center; vertical-align: bottom;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">$93</div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 45.17pt; padding-top: 4.4pt; text-align: center; vertical-align: bottom;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">$120</div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 31.02pt; padding-top: 4.4pt; text-align: center; vertical-align: bottom;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">$9,706</div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="width: 50.48pt; padding-top: 4.4pt; text-align: center; vertical-align: bottom;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">​5.9%</div></td><td style="width: 6pt;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_boxspacer"><td style="height: 3.25pt; width: 6pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 29pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 52.16pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 52.16pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 62.5pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 62.5pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 45.17pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 45.17pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 31.02pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 4.99pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 50.48pt;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 6pt;"><div style="font-size: 1pt;"> </div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 9pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(1)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: left;">Indicates the Covered Year. <br/></div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 3pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(2)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">Contains the Total Compensation from the 2025 Summary Compensation Table (“SCT”) for Mr. Fruithof, who served as our Principal Executive Officer (“PEO”) in 2025.<br/></div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 3pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(3)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">The “Compensation Actually Paid to PEO” for Mr. Fruithof reflects the Total Compensation from the 2025 Summary Compensation Table, adjusted per the table below in accordance with the SEC rules for calculating CAP. </div></td></tr></table><table cellpadding="0" class="BRDSX_fintab" style="border-spacing: 0; border-bottom: 1pt solid #000000; width: 522pt; margin-left: auto; margin-right: auto;"><tr class="BRDSX_boxspacer"><td style="height: 12pt; width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 377pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 46.12pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 46.12pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 40.77pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_header"><td style="width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 3pt; text-align: left;">Compensation Actually Paid to PEO</div></td><td style="width: 46.12pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">2025 </div></td><td style="width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-top: 4.4pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">SCT Total Compensation ($) </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 4.4pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">$2,848,741 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Less: Stock and Option Award Values Reported in SCT for the Covered Year ($) </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">(309,656) </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Plus: Covered Year-End Fair Value for Stock and Option Awards Granted in and Outstanding at the End of the Covered Year ($) </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">379,500 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Plus/Minus: Change in Fair Value (From Prior Year-End to Covered Year-End) of Outstanding Unvested Stock and Option Awards Granted Prior to the Covered Year ($) </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">0 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Plus/Minus: Change in Fair Value (From Prior Year-End to Vesting Date) of Stock and Option Awards Granted Prior to the Covered Year that Vested in the Covered Year ($) </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">0 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-top: 3.9pt; text-align: left; vertical-align: bottom; background-color: #C30017;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 3pt; text-align: left;">Compensation Actually Paid ($)</div></td><td style="width: 46.12pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; text-align: center; vertical-align: bottom; background-color: #C30017;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">$2,918,585</div></td><td style="width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_boxspacer"><td style="height: 3.25pt; width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 377pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 46.12pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 46.12pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 40.77pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 9pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(4)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">Contains the average Total Compensation of the NEOs other than the PEO from the 2025 Summary Compensation Table in the proxy statement for Covered Year shown in the table. The following Non-PEO NEOs are included in the average figures shown for 2025: <br/></div></td></tr></table><div class="BRDSX_ftnote" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 5.5pt; margin-left: 14pt; text-align: left;">Marco Portmann, Thomas Schenkirsch, Steffen Schewerda, Henning Schröder, and Tim Tecklenburg.<br/></div><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 5.25pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(5)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">The “Average Compensation Actually Paid to Non-PEO NEOs” for the Covered Years reflects the average of the Non-PEO NEOs’ Total Compensation from the 2025 Summary Compensation Table, adjusted per the table below in accordance with the SEC rules for calculating the CAP. </div></td></tr></table><table cellpadding="0" class="BRDSX_fintab" style="border-spacing: 0; border-bottom: 1pt solid #000000; width: 522pt; margin-left: auto; margin-right: auto;"><tr class="BRDSX_boxspacer"><td style="height: 12pt; width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 372pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 48.62pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 48.62pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 40.77pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_header"><td style="width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 3pt; text-align: left;">Average Compensation Actually Paid to Non-PEO NEOs </div></td><td style="width: 48.62pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">2025 </div></td><td style="width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-top: 4.4pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">SCT Total Compensation ($) </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 4.4pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">​$891,139 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Less: Stock and Option Award Values Reported in SCT for the Covered Year ($) </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">(246,955) </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Plus: Covered Year-End Fair Value for Stock and Option Awards Granted in and Outstanding at the End of the Covered Year ($) </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">363,688 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Plus/Minus: Change in Fair Value (From Prior Year-End to Covered Year-End) of Outstanding Unvested Stock and Option Awards Granted Prior to the Covered Year ($) </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">0 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Plus/Minus: Change in Fair Value (From Prior Year-End to Vesting Date) of Stock and Option Awards Granted Prior to the Covered Year that Vested in the Covered Year ($) </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">0 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-top: 3.9pt; text-align: left; vertical-align: bottom; background-color: #C30017;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 3pt; text-align: left;">Compensation Actually Paid ($)</div></td><td style="width: 48.62pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; text-align: center; vertical-align: bottom; background-color: #C30017;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">​$1,007,872</div></td><td style="width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_boxspacer"><td style="height: 3.25pt; width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 372pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 48.62pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 48.62pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 40.77pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 9pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(6)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">The Total Shareholder Return (“TSR”) assumes an initial investment of $100 in Aebi Schmidt stock on July 1, 2025 and shows the resulting cumulative TSR through December 31, 2025 (assuming reinvestment of any dividends).</div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 3pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(7)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">The Peer Group TSR assumes an initial investment of $100 in the Dow Jones Commercial Trucks and Vehicles Total Stock Market Index on July 1, 2025 and shows the resulting cumulative TSR through December 31, 2025 (assuming reinvestment of any dividends).</div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 3pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(8)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">Reflects the Company’s Net Income for 2025 as disclosed in the Company’s Consolidated Income Statements included in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025.</div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 3pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(9)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">The Company-Selected Measure is Operating EBIT as a Percent of Net Sales, which is a non-GAAP financial measure defined as operating income less interest and taxes, divided by net sales and multiplied by 100. </div></td></tr></table> 2848741 2918585 891139 1007872 93 120 9706000 0.059 <table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 3pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(2)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">Contains the Total Compensation from the 2025 Summary Compensation Table (“SCT”) for Mr. Fruithof, who served as our Principal Executive Officer (“PEO”) in 2025.<br/></div></td></tr></table><table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 9pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(4)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">Contains the average Total Compensation of the NEOs other than the PEO from the 2025 Summary Compensation Table in the proxy statement for Covered Year shown in the table. The following Non-PEO NEOs are included in the average figures shown for 2025: <br/></div></td></tr></table><div class="BRDSX_ftnote" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 5.5pt; margin-left: 14pt; text-align: left;">Marco Portmann, Thomas Schenkirsch, Steffen Schewerda, Henning Schröder, and Tim Tecklenburg.<br/></div> Mr. Fruithof <table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 3pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(3)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">The “Compensation Actually Paid to PEO” for Mr. Fruithof reflects the Total Compensation from the 2025 Summary Compensation Table, adjusted per the table below in accordance with the SEC rules for calculating CAP. </div></td></tr></table><table cellpadding="0" class="BRDSX_fintab" style="border-spacing: 0; border-bottom: 1pt solid #000000; width: 522pt; margin-left: auto; margin-right: auto;"><tr class="BRDSX_boxspacer"><td style="height: 12pt; width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 377pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 46.12pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 46.12pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 40.77pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_header"><td style="width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 3pt; text-align: left;">Compensation Actually Paid to PEO</div></td><td style="width: 46.12pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">2025 </div></td><td style="width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-top: 4.4pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">SCT Total Compensation ($) </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 4.4pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">$2,848,741 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Less: Stock and Option Award Values Reported in SCT for the Covered Year ($) </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">(309,656) </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Plus: Covered Year-End Fair Value for Stock and Option Awards Granted in and Outstanding at the End of the Covered Year ($) </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">379,500 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Plus/Minus: Change in Fair Value (From Prior Year-End to Covered Year-End) of Outstanding Unvested Stock and Option Awards Granted Prior to the Covered Year ($) </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">0 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Plus/Minus: Change in Fair Value (From Prior Year-End to Vesting Date) of Stock and Option Awards Granted Prior to the Covered Year that Vested in the Covered Year ($) </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">0 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="width: 377pt; padding-top: 3.9pt; text-align: left; vertical-align: bottom; background-color: #C30017;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 3pt; text-align: left;">Compensation Actually Paid ($)</div></td><td style="width: 46.12pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="width: 46.12pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; text-align: center; vertical-align: bottom; background-color: #C30017;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">$2,918,585</div></td><td style="width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_boxspacer"><td style="height: 3.25pt; width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 377pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 46.12pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 46.12pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 40.77pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td></tr></table> 2848741 -309656 379500 0 0 2918585 <table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 5.25pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(5)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">The “Average Compensation Actually Paid to Non-PEO NEOs” for the Covered Years reflects the average of the Non-PEO NEOs’ Total Compensation from the 2025 Summary Compensation Table, adjusted per the table below in accordance with the SEC rules for calculating the CAP. </div></td></tr></table><table cellpadding="0" class="BRDSX_fintab" style="border-spacing: 0; border-bottom: 1pt solid #000000; width: 522pt; margin-left: auto; margin-right: auto;"><tr class="BRDSX_boxspacer"><td style="height: 12pt; width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 372pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 48.62pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 48.62pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 40.77pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="height: 12pt; width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_header"><td style="width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 3pt; text-align: left;">Average Compensation Actually Paid to Non-PEO NEOs </div></td><td style="width: 48.62pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-bottom: 4.63pt; text-align: left; vertical-align: bottom; background-color: #D9D9D9;"><div class="BRDSX_fpara" style="color: #C30017; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">2025 </div></td><td style="width: 6pt; background-color: #D9D9D9;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-top: 4.4pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">SCT Total Compensation ($) </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 4.4pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">​$891,139 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Less: Stock and Option Award Values Reported in SCT for the Covered Year ($) </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">(246,955) </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Plus: Covered Year-End Fair Value for Stock and Option Awards Granted in and Outstanding at the End of the Covered Year ($) </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">363,688 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Plus/Minus: Change in Fair Value (From Prior Year-End to Covered Year-End) of Outstanding Unvested Stock and Option Awards Granted Prior to the Covered Year ($) </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">0 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: left; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 3pt; text-align: left;">Plus/Minus: Change in Fair Value (From Prior Year-End to Vesting Date) of Stock and Option Awards Granted Prior to the Covered Year that Vested in the Covered Year ($) </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; padding-bottom: 4.13pt; text-align: center; vertical-align: bottom; border-bottom: 1pt solid #666666;"><div class="BRDSX_fpara" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; text-align: right;">0 </div></td><td style="width: 6pt; border-bottom: 1pt solid #666666;"><div style="font-size: 1pt;"> </div></td></tr><tr><td style="width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="width: 372pt; padding-top: 3.9pt; text-align: left; vertical-align: bottom; background-color: #C30017;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; margin-left: 3pt; text-align: left;">Compensation Actually Paid ($)</div></td><td style="width: 48.62pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="width: 48.62pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="width: 40.77pt; padding-top: 3.9pt; text-align: center; vertical-align: bottom; background-color: #C30017;"><div class="BRDSX_fpara" style="color: #FFFFFF; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; font-weight: bold; margin-top: 0pt; text-align: right;">​$1,007,872</div></td><td style="width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td></tr><tr class="BRDSX_boxspacer"><td style="height: 3.25pt; width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 372pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 48.62pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 48.62pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 40.77pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td><td style="height: 3.25pt; width: 6pt; background-color: #C30017;"><div style="font-size: 1pt;"> </div></td></tr></table> 891139 -246955 363688 0 0 1007872 <table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 3pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(7)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">The Peer Group TSR assumes an initial investment of $100 in the Dow Jones Commercial Trucks and Vehicles Total Stock Market Index on July 1, 2025 and shows the resulting cumulative TSR through December 31, 2025 (assuming reinvestment of any dividends).</div></td></tr></table> <table border="0" cellpadding="0" style="border-spacing: 0; margin-top: 3pt; margin-left: 0pt;"><tr><td style="width: 14pt; text-align: left; vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt;">(9)<br/></div></td><td style="vertical-align: top;"><div style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; text-align: justify;">The Company-Selected Measure is Operating EBIT as a Percent of Net Sales, which is a non-GAAP financial measure defined as operating income less interest and taxes, divided by net sales and multiplied by 100. </div></td></tr></table> Operating EBIT as a Percent of Net Sales <div class="BRDSX_ftnote" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 3pt; margin-left: 0pt; text-align: justify;">Listed below are the metrics we believe are the most important financial performance measures we used to link Compensation Actually Paid for 2025 (as described above) to Company performance for 2025.<br/></div><div class="BRDSX_ftnote" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 5pt; margin-left: 14pt; text-align: left;">Operating EBIT as a Percent of Net Sales <br/></div><div class="BRDSX_ftnote" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 14pt; text-align: left;">Net Working Capital Turnover  <br/></div><div class="BRDSX_ftnote" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 14pt; text-align: left;">Order Intake Percent versus Prior Year  <br/></div><div class="BRDSX_ftnote" style="color: #000000; font-family: Arial, Helvetica, sans-serif; font-size: 8pt; margin-top: 0pt; margin-left: 14pt; text-align: left;">Adjusted EBITDA  </div> Operating EBIT as a Percent of Net Sales Net Working Capital Turnover Order Intake Percent versus Prior Year Adjusted EBITDA <img alt="" src="ny20063963x771_pvpchart01.jpg" style="height: 369px; width: 644px;"/> <img alt="" src="ny20063963x771_pvpchart01.jpg" style="height: 369px; width: 644px;"/> <img alt="" src="ny20063963x771_pvpchart02.jpg" style="height: 333px; width: 644px;"/> <img alt="" src="ny20063963x771_pvpchart03.jpg" style="height: 343px; width: 650px;"/> PRE 14A 0002048519 false