Mr. Willy Janzen reports

BUHLER INDUSTRIES STREAMLINES OPERATIONS

Buhler Industries Inc. has made operational restructuring changes in the first quarter of 2024 that are expected to result in significant full-year savings. The company also plans to increase production in 2024 over its 2023 results, further resulting in increased margins. Basak Traktor Tarim Ziraat Ve Is Makinalari Sanayi Ticaret As, which recently acquired 96.7 per cent, is fully supportive of returning the company back to profitability and expects to see sales of both Versatile and Farm King equipment increase in the coming years. Basak Traktor is a wholly owned subsidiary of Asko Holding.

About Buhler Industries Inc.

Buhler is headquartered in Winnipeg, Man., Canada, and is a publicly traded company on the Toronto Stock Exchange (BUI). The company manufactures and distributes its product through several brand names, including Versatile and Farm King. The Versatile line of equipment consists of tractors and tillage. Farm King supplies augers, mowers, bale carriers, snow blowers and compact implements. The company has manufacturing facilities and warehouses in both Canada and the United States.

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