Red Oak Inventory Finance and Egholm A/S Announce New Exclusive Inventory
Finance Program for North American Market

Red Oak Inventory Finance (“Red Oak”) and Egholm A/S (“Egholm”) are pleased to
announce the launch of a new inventory finance program designed to support Egholm’s
distributors and dealers across the United States.

This program provides floorplan financing for Egholm’s municipal and specialty
equipment, enabling qualified distributors and dealers to carry inventory more efficiently
while supporting Egholm’s continued expansion in the North American market. The
program reflects a shared commitment to disciplined growth, strong dealer
relationships, and long-term market development.

“Egholm is a high-quality manufacturer with a thoughtful approach to dealer
development and market expansion,” said Rick Schadt, Director of Strategic Initiatives
at Red Oak Inventory Finance. “This program allows us to bring our inventory finance
expertise to a segment that values reliability, structure, and partnership. We are excited
to support Egholm and its dealer network as the brand continues to grow in the U.S.”
“Our relationship with Red Oak provides a strong financial foundation for our U.S. go-to-
market strategy,” said Carsten Thygesen, Chief Commercial Officer at Egholm A/S. “The
program provides our distributors and dealers with a flexible and reliable financing
solution while aligning with Egholm’s focus on long-term partnerships and sustainable
growth.”

The program will support Egholm’s articulated tool carriers, attachments, and
demonstration equipment, recognizing the unique sales cycle, demo requirements, and
distribution structure of the municipal and specialty equipment markets. The companies
will collaborate closely with distributors and dealers to support a seamless market entry
and position Egholm for long-term success in the U.S. market.

About Red Oak Inventory Finance

Red Oak Inventory Finance (“Red Oak”) is a trusted relationship lender specializing in
providing inventory financing solutions to businesses across a variety of industries. With
a focus on empowering businesses to optimize working capital and achieve success
through effective inventory management, Red Oak Inventory Finance offers tailored
financing solutions designed to meet each client’s unique needs. Whether supporting
inventory procurement or facilitating expansion initiatives, the Company delivers flexible
and innovative financial solutions with a personalized approach. Backed by a team of
seasoned, entrepreneurial professionals with deep finance and inventory management
expertise, Red Oak ensures businesses have access to the capital they need to thrive
in today’s competitive, dynamic market. Committed to fostering long-term partnerships
and driving sustainable growth, Red Oak is dedicated to helping businesses
achieve their strategic objectives. For more information about Red Oak and its
comprehensive range of financing solutions, visit www.redoakinventoryfinance.com.

About Egholm A/S

Founded in 1992, Egholm A/S is a Danish manufacturer specializing in multifunctional
municipal equipment solutions. Egholm products are designed to deliver flexibility,
durability, and efficiency for year-round use in public works and specialty applications.