CARGOTEC CORPORATION, TRADE PRESS RELEASE, FEBRUARY 27, 2019

Kalmar's 70,000th Ottawa Terminal TractorRolls Off the Production LineKalmar, part of Cargotec, is celebrating a significant milestone with theproduction of its 70,000th Kalmar Ottawa terminal tractor. Destined forlong-standing customer Penske Truck Leasing, the truck was completedon February 27th at Kalmar's US manufacturing facility in Ottawa,Kansas. Employees and guests gathered at the plant to celebrate andwatch the final assembly of the truck.

Paul Rosa, Senior Vice President, Procurement and Fleet Planning,Penske Truck Leasing: "Penske Truck Leasing is pleased to takedelivery of the 70,000th unit from our valued supplier Kalmar Ottawa. Wecommend Kalmar Ottawa on this milestone and we look forward tocontinuing to work together to provide our customers with the mostreliable and innovative trucks for their fleets."

Doug Queen, Kalmar Ottawa VP Solution Sales, Terminal Tractors: "Wecontinue to lead the market because of our dedicated employees, largedealer network, customer centricity and superior offering. We inventedthe Kalmar Ottawa terminal tractor in 1958 and now the Ottawa name isthe most widely known terminal tractor brand in the country, synonymouswith the highest quality, value and reliability. Penske Truck Leasing haspurchased a significant number of our trucks over the years, so we'rehonoured to share this important milestone with them."

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The Kalmar Ottawa T2 terminal tractor sets the standard for world-classtrailer handling solutions for port, intermodal and distribution customers.Available in DOT/EPA-certified and off-road configurations, the T2 is apurpose-built truck featuring an ergonomic cab design, fast fifth-wheellifting and easy-access service points to speed up routine checks andservicing. Kalmar now also offers a fully electric version of the KalmarOttawa, called the T2E. It features the latest in battery technology, a fullyelectric powertrain that produces zero emissions at source and acomfortable driving environment. Celebrating its 50th year in business, Penske Truck Leasing Co., L.P.,headquartered in Reading, Pennsylvania, is a partnership of PenskeCorporation, Penske Automotive Group and Mitsui & Co., Ltd. A leadingglobal transportation services provider, Penske operates more than300,000 vehicles and serves customers from more than 1,000 locationsin North America, South America, Europe, Australia and Asia. Productlines include full-service truck leasing, contract maintenance, commercialand consumer truck rentals, used truck sales, transportation andwarehousing management and supply chain management solutions. Visitwww.gopenske.com to learn more. Further information for the press: Doug Queen, Kalmar Ottawa VP Solution Sales, Terminal Tractors, tel. +1 785 521 5082, douglas.queen@kalmarglobal.com. Maija Eklöf, Vice President, Marketing and Communications, Kalmar, tel.+358 20 777 4096, maija.eklof@kalmarglobal.com. Kalmar offers the widest range of cargo handling solutions and servicesto ports, terminals, distribution centres and to heavy industry. Kalmar isthe industry forerunner in terminal automation and in energy efficientcontainer handling, with one in four container movements around theglobe being handled by a Kalmar solution. Through its extensive productportfolio, global service network and ability to enable a seamlessintegration of different terminal processes, Kalmar improves theefficiency of every move. www.kalmarglobal.com Kalmar is part of Cargotec (Nasdaq Helsinki: CGCBV). Cargotec's salesin 2018 totalled approximately EUR 3.3 billion and it employsapproximately 12,000 people. www.cargotec.com

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Important Links:

Kalmar O�awa Website

Kalmar O�awa YouTube Channel

Kalmar O�awa Facebook Pages

Kalmar O�awa Trucks Image Gallery

CAPTION: Employees and guests gathered at Kalmar's US manufacturing facility in Ottawa, Kansas February 27th to celebrate the final assembly of the 70,000th Kalmar Ottawa terminal tractor.

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