ZWEIBRÜCKEN – October 20, 2017 – Jassim Transport & Stevedoring Co. K.S.C.C. (JTC) has expanded its fleet again with a new 9-axle, 700-tonne capacity class, Demag^® AC 700-9 all terrain crane. With the addition of the Demag AC 700-9, JTC has a fleet of more than 25 Demag and Terex^® cranes. This recent order, in addition to the five smaller Demag cranes JTC purchased earlier this year, will help the company keep up with its growing workload in Kuwait and Qatar.

“We have been pleased with the productivity and quality of our Demag cranes,” explained JTC CEO, Adel Kohari, “which is why we chose the Demag AC 700-9 model this time around. Our work continues to grow, and to keep up with demand we need reliable and versatile equipment, which Demag equipment offers us.”

Established in 1979, JTC works in the public and private sectors of the oil & gas and construction industries. The company’s new Demag AC 700-9 all terrain crane will be used on many of the company’s most substantial and challenging lifting projects. The crane’s main boom length of 60 m and main boom extension length of 96 m will provide ample lift height and reach, and its compact chassis design makes transporting and positioning quick and easy.

“From product design, onboard innovative features and technology to reliability and the support we receive from the service team, it’s always a pleasure to do business with Terex Cranes,” added Kohari.

About Jassim Transport & Stevedoring Co. K.S.C.C. (JTC)

Jassim Transport & Stevedoring Co. K.S.C.C. (JTC), a major player in the equipment rental, transportation & logistics industry in Kuwait, Qatar and Saudi Arabia, provides professional, high quality and cost effective equipment rental and logistics services for both public and private sectors through its 4 operating divisions; Ports Management, Contract Logistics, Equipment Leasing and Power Rental. More information about JTC is available on its website: www.jtckw.com, and on its LinkedIn page — www.linkedin.com/company/jassim-transport-&-stevedoring-co-

About Terex

Terex Corporation is a global manufacturer of lifting and material processing products and services delivering lifecycle solutions that maximize customer return on investment. Major Terex brands include Terex, Genie, Powerscreen and Demag. Terex solutions serve a broad range of industries, including construction, infrastructure, manufacturing, shipping, transportation, refining, energy, utilities, quarrying and mining. Terex offers financial products and services to assist in the acquisition of Terex equipment through Terex Financial Services. More information about Terex is available on its website: www.Terex.com, and on its LinkedIn page — www.linkedin.com/company/terex and Facebook page — www.facebook.com/TerexCorporation