Helios Technologies Plans To Provide Its Estimates Of The Effects Of Hurricane Milton On Its Q4 Financial Projections When It Reports Its Upcoming Q3 2024 Financial Results

Helios Technologies, Inc. (NYSE:HLIO) ("Helios" or the "Company"), a global leader in highly engineered motion control and electronic controls technology, today provided an update on its recovery efforts from Hurricane Milton.

"I am so grateful that we did not have any reported injuries or loss of life within our team, as Sarasota was directly hit by the hurricane," said Sean Bagan, Interim President, Chief Executive Officer, and Chief Financial Officer of Helios. "While many of our colleagues have been recovering personally from physical damage done to their homes, they simultaneously pulled together to assess and start remediating the damages that our facilities incurred. Our goal was to be up and running as quickly as possible to support our customers. We are very pleased to announce the reopening of two of our three Sun Hydraulics' manufacturing facilities in Sarasota as of today, only six days after this Category 3 hurricane made landfall."