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Mar 24, 2023

OSHKOSH DEFENSE SELECTED TO PRODUCE ENHANCED HEAVY EQUIPMENT TRANSPORTER SYSTEM (EHETS) TRAILER FOR THE U.S. ARMY

September 26, 2022 OSHKOSH, Wis. (September 26, 2022) — Oshkosh Defense, a

September 26, 2022

OSHKOSH, Wis. (September 26, 2022) — Oshkosh Defense, a wholly-owned subsidiary of Oshkosh Corporation (NYSE: OSK), announced today that the U.S. Army Tank-Automotive and Armament Command (TACOM) has awarded Oshkosh Defense a contract to produce Enhanced Heavy Equipment Transporter System (EHETS) trailers for the U.S. Army. Oshkosh will execute the contract with the support of its major subcontractor, Broshuis B.V.

The competitively awarded five-year requirements contract is valued at $263.2 Million for an estimated 466 trailers and associated logistics products and support services. Under the first delivery order, valued at $37.6 Million, Oshkosh Defense will produce five test trailers for Product Verification Testing (PVT), Operational Testing (OT), Logistics Development and Engineering Development, along with 68 production trailers.

"One of Oshkosh's core competencies is partnering with our customers to develop and deliver vehicles and trailers specifically designed to meet stringent military requirements and survive the rigors of modern combat," said Pat Williams, Vice President and General Manager of U.S. Army and U.S. Marine Corps Programs for Oshkosh Defense. "The EHETS trailer is one such example of our commitment to meeting our customer's mission requirements. We are proud that the U.S. Army has once again called on us to produce another mission-critical trailer," Williams concluded.

Oshkosh Defense designed the EHETS trailer to be pulled by the Oshkosh Heavy Equipment Transporter (HET) A1 currently in service with the U.S. Army. The combined HET A1 and EHETS trailer system is designed to self-load and unload and can haul a payload of up to 90 tons, allowing it to transport the heaviest Army tracked vehicles, including current and future versions of Main Battle Tanks (MBTs), while also obtaining European road permissions at required payloads.

About Oshkosh Defense

Oshkosh Defense is a global leader in the design, production and sustainment of best-in-class military vehicles, technology solutions and mobility systems. Oshkosh develops and applies emerging technologies that advance safety and mission success. Setting the industry standard for sustaining fleet readiness, Oshkosh ensures every solution is supported worldwide throughout its entire life cycle.

Oshkosh Defense, LLC is an Oshkosh Corporation company [NYSE: OSK].

Learn more about Oshkosh Defense at www.oshkoshdefense.com.

About Broshuis B.V.

Broshuis B.V. is a 100% family owned, Dutch company and one of the largest specialty trailer manufacturers in Europe. Founded in 1885, Broshuis B.V. is known in the market because of its focus on innovation, quality and safety. They introduced the market changing multi extendible trailers (up to 227 feet), independent and power steered HD suspensions and the refined PL2 pendular axle system which is fitted to the HET trailer. Broshuis B.V. experience and project management, led to numerous contracts for supplying specialty trailers to various militaries in the last decades.

Broshuis BV also provides unique solutions for special transport, since having the right equipment is a critical driver for success. Broshuis BV supplies high quality low loaders, semi-low loaders, flat semi-trailers and container trailers to provide long lasting transport solutions, for various purposes. They provide transport equipment used in agriculture, construction, infrastructure, wind energy and container transport with all its products produced on 1 site of 100.000m2.

Broshuis BV is driven by innovation. They implement innovative solutions by combining experience from the market with their experience and technical know-how which enables Broshuis BV to give the optimum solution to all of its broad customer base from individual operators needs all the way to large multinational customers knowing that they have the ideal product to meet their unique transport solution.

For more information, please visit www.broshuis.com.

About Oshkosh CorporationAt Oshkosh (NYSE: OSK), we make innovative, mission-critical equipment to help everyday heroes advance communities around the world. Headquartered in Wisconsin, Oshkosh Corporation employs more than 14,000 team members worldwide, all united behind a common cause: to make a difference in people's lives. Oshkosh products can be found in more than 150 countries under the brands of JLG®, Pierce®, Oshkosh® Defense, McNeilus®, IMT®, Jerr-Dan®, Frontline™, Oshkosh® Airport Products, London™ and Pratt Miller. For more information, visit oshkoshcorp.com.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies

Forward Looking Statements

This news release contains statements that the Company believes to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company's future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company's control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Additional information concerning these and other forward looking statements is contained in the Company's filings with the Securities and Exchange Commission, including the Form 8-K filed by the Company from time to time. All forward-looking statements speak only as of the date of this news release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this news release.

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