A Pierce® Volterra™ electric pumper is in production and will go into service with the City of Portland Fire and Rescue’s busiest station, Station No. 1 in Spring 2022. APPLETON, Wis. (October 6, 2021) – Pierce Manufacturing Inc., an Oshkosh Corporation (NYSE:OSK) company, announced today it has entered into a joint development agreement with the City of Portland, Oregon Fire and Rescue to place a Pierce® Volterra™ zero-emissions pumper into service with the city’s busiest station, Station No. 1 in Spring 2022. This agreement follows the recent introduction of the revolutionary Pierce Volterra platform of electric vehicles for the fire and emergency market and the placement of the first electric fire truck in service in North America with the City of Madison, Wisconsin Fire Department in June 2021. In 2019, Portland General Electric announced the launch of its Smart Grid Test Bed, a first-of-its-kind project that integrates smart grid technology on a scale never before attempted in the U.S. The project will accelerate the community’s vision for clean energy with new ways to decarbonize the grid. Oregon is one of seven U.S. states to put energy storage procurement targets into place. Portland Fire and Rescue is led by Fire Chief Sara Boone and is made up of 31 fire stations which serve an area of 151 square miles and a population of over 650,000. Chief Boone considers the addition of Pierce’s Volterra electric pumper a significant contribution to the city’s sustainability efforts. “In 2016, the city achieved its 2030 Environmental Performance Objective for Fleet when 35-percent of fuel use came from renewable sources,” stated Chief Boone. “Fleet electrification is expected to be a primary driver of carbon emissions reduction from city vehicles, and exploring the role of the Pierce Volterra electric pumper within our fire apparatus fleet is a big step toward reaching our future goals.” In collaboration with the City of Portland Fire and Rescue, Pierce will continue the development and evaluation process for the Pierce Volterra electric vehicle. As part of this development process, the City of Portland’s terrain, weather, and geographic location will provide valuable exposure and insight to additional operational environments the electric vehicle must withstand. Portland Fire and Rescue’s Volterra Electric Vehicle Configuration:

“Over the years, we’ve listened to the needs of our customers in communities like the City of Portland who continue to lead the way with their forward-looking environmental and sustainability goals,” said Jim Johnson, Oshkosh Corporation executive vice president and president of Fire & Emergency. “As we review all the positive data from our Pierce Volterra electric pumper currently in service in Madison, Wisconsin, we’re confident customers like Portland Fire and Rescue will also obtain the environmental benefits requested without compromising on the operational, safety, and standardization attributes they love about their existing fleet.” To learn more about Pierce Manufacturing and the revolutionary Pierce Volterra platform of electric vehicles, visit www.piercemfg.com. To access Pierce Volterra resources for download, view the press kit here.

Posted: Oct 6, 2021 2:00:00 PM by Pierce Mfg.

About Pierce Manufacturing Pierce Manufacturing Inc., an Oshkosh Corporation [NYSE: OSK] company, is the leading North American manufacturer of custom fire apparatus. Products include custom and commercial pumpers, aerials, rescue trucks, wildland trucks, mini pumpers, elliptical tankers, and homeland security apparatus. In addition, Pierce designs its own foam systems and was the first company to introduce frontal airbags and the Side Roll Protection system to fire apparatus. To learn more about Pierce, visit www.piercemfg.com.

At 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.

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. When used in this news release, words such as “may,” “will,” “expect,” “intend,” “estimate,” “anticipate,” “believe,” “should,” “project” or “plan” or the negative thereof or variations thereon or similar terminology are generally intended to identify 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. These factors include the overall impact of the COVID-19 pandemic on the Company’s business, results of operations and financial condition; the duration and severity of the COVID-19 pandemic; actions that may be taken by governmental authorities and others to address or otherwise mitigate the impact of the COVID-19 pandemic; the negative impacts of the COVID-19 pandemic on global economies and the Company’s customers, suppliers and employees; and the cyclical nature of the Company’s Access Equipment, Commercial and Fire & Emergency markets, which are particularly impacted by the strength of U.S. and European economies and construction seasons.

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