Modine Manufacturing to Spin-Off Performance Technologies Business

Modine Manufacturing Company is proceeding with the separation, disposition, and spin-off of its Performance Technologies business. This is part of a transaction contemplated by an Agreement and Plan of Merger dated January 29, 2026.

“The Amendment modifies the Credit Agreement to, among other things, (i) permit the separation, disposition and spin-off of the Company’s Performance Technologies business and the related transactions contemplated by that certain Agreement and Plan of Merger, dated January 29, 2026 (collectively, the “PT Transaction”)”

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