Core Molding Technologies Extends Credit Facility Through 2031, Increasing Financial Flexibility for Strategic Growth (Form 8-K)

Core Molding Technologies Extends Credit Facility Through 2031, Increasing Financial Flexibility for Strategic Growth

COLUMBUS, OH, July 7, 2026 - Core Molding Technologies, Inc. (NYSE American: CMT) ("Core Molding", "Core" or the "Company"), a leading engineered materials company specializing in molded structural products, principally in medium- and heavy-duty truck, powersports, building products, and industrial and utility industries across the United States, Canada, and Mexico, today announced the successful amendment and extension of its credit agreement through 2031.

The amended credit facility consists of a $50 million delayed draw term loan and a $50 million revolving credit facility. Borrowings under the facility will bear interest at SOFR plus an applicable margin ranging from 1.50% to 3.75%, based on the Company's leverage ratio. The facility includes a covenant-light structure that provides increased financial flexibility.

"The successful extension of our credit facility is an important milestone that enhances our ability to execute Core's long-term growth strategy." said Eric Palomaki, President and Chief Executive Officer of Core Molding Technologies. "Combined with our strong cash generation and healthy balance sheet, this facility provides additional flexibility to invest in operational excellence, support organic growth initiatives, and pursue value-enhancing acquisitions, while maintaining a prudent capital structure."

"This amended credit agreement significantly enhances Core's financial flexibility and further strengthens an already healthy balance sheet." said Alex Panda, Chief Financial Officer of Core Molding Technologies. "The facility extends our debt maturity profile through 2031, provides a covenant-light framework, and reduces our overall cost of capital. Together, these improvements reinforce our strong balance sheet and ensure we have the liquidity and flexibility necessary to support the Company's long-term financial objectives. We appreciate the confidence our lending partners have shown in Core and remain focused on creating long-term value for our shareholders."

About Core Molding Technologies, Inc.

Core Molding Technologies is a leading engineered materials company specializing in molded structural products, principally in medium- and heavy-duty truck, powersports, building products, and industrial and utility industries across the United States, Canada, and Mexico. The Company operates in one operating segment as a molder of thermoplastic and thermoset structural products.

The Company's operating segment consists of one reporting unit, Core Molding Technologies. The Company offers customers a wide range of manufacturing processes to fit various program volume and investment requirements. These thermoset processes include compression molding of sheet molding compound ("SMC"), resin transfer molding ("RTM"), liquid molding of dicyclopentadiene ("DCPD"), spray-up and hand-lay-up. The thermoplastic processes include direct long-fiber thermoplastics ("DLFT") and structural foam and structural web injection molding. Core Molding Technologies serves a wide variety of markets, including the medium and heavy-duty truck, marine, automotive, agriculture, construction, and other commercial products. The demand for Core Molding Technologies' products is affected by economic conditions in the United States, Mexico, and Canada. Core Molding Technologies' operations may change proportionately more than revenues from operations.