NO. 1 TO THE PROXY STATEMENT FOR THE
ANNUAL MEETING OF STOCKHOLDERS
May 31, 2018
a.m. (Central Daylight Time)
The following information supplements and amends the definitive proxy statement (the Proxy Statement) of Manitex International,
Inc. (the Company) originally filed with the Securities and Exchange Commission (SEC) on April 26, 2018, in connection with the solicitation of proxies by the Companys Board of Directors for use at the
Companys 2018 Annual Meeting of Stockholders or any adjournment(s) thereof. The Annual Meeting will be held be held at our offices located at 9725 Industrial Drive, Bridgeview, Illinois 60455 on Thursday, May 31, 2018 at 11:00 a.m.
(Central Daylight Time).
This Amendment No. 1 to the Proxy Statement (this Amendment) is being filed for the sole
purpose of including the CEO Pay Ratio disclosure that was inadvertently omitted from the Proxy Statement as originally filed with the SEC on April 26, 2018. No other changes have been made to the Proxy Statement, and this Amendment
has not been updated to reflect events occurring subsequent to the filing of the Proxy Statement. Capitalized terms used in this Amendment and not otherwise defined have the meaning given to such terms in the Proxy Statement.
THE PROXY STATEMENT CONTAINS IMPORTANT INFORMATION AND THIS AMENDMENT AND THE INFORMATION SET FORTH BELOW SHOULD BE READ IN CONJUNCTION
WITH THE PROXY STATEMENT.
CHANGE TO PROXY STATEMENT
The Proxy Statement is hereby amended and supplemented to include the following information:
CEO Pay Ratio
For 2017, the median
annual total compensation of all employees of the Company (other than the CEO) was $34,671. The annual total compensation of the Companys CEO was $492,697. Based on this information, the ratio of the annual total compensation of the
Companys CEO to the median of the annual total compensation of all employees was approximately 14 to 1.
In order to determine the
median employee from a compensation perspective, the Company used cash compensation paid as well as 401(k) matching contributions (as applicable) for the 2017 calendar year for all employees worldwide employed as of December 31, 2017. For those
employees compensated in foreign currencies, average exchange rates for the full year 2017 were used to convert their compensation into U.S. dollars. The Company determined that its median employee from a compensation perspective is employed in one
of its manufacturing locations in Italy. To determine the ratio disclosed above, the Company calculated the median employees compensation for fiscal 2017 in accordance with the rules applicable to the compensation elements included in the
Summary Compensation Table and compared such compensation to the compensation of the Companys CEO, as reported in the Summary Compensation Table.