NACCO INDUSTRIES ANNOUNCES DUAL LISTING ON NYSE TEXAS

On December 10, 2025, NACCO Industries® (NYSE: NC) announced its dual listing on NYSE Texas, set to take effect on December 11, 2025. This strategic move allows NACCO's Class A Common Stock to be traded alongside its existing listing on the New York Stock Exchange (NYSE), under the same ticker symbol "NC."

NACCO's President and CEO, J.C. Butler, expressed enthusiasm about the dual listing, stating that it highlights NACCO’s commitment both to Texas and to its longstanding relationship with the NYSE. Butler emphasized Texas as a crucial region for natural resources, where NACCO has established significant operational and community ties. The dual listing is expected to enhance the company's visibility in the capital markets while supporting the development of Texas's business-friendly environment.

Bryan Daniel, President of NYSE Texas, welcomed NACCO Industries to the NYSE Texas community, noting the company’s impressive history of over 60 years on the NYSE as a leading natural-resources provider. NACCO Industries focuses on delivering aggregates, minerals, reliable fuels, and environmental solutions through its diverse portfolio of businesses, reinforcing its commitment to creating long-term value for its shareholders.

The dual listing is a significant milestone for NACCO, reflecting both its strategic growth plans and the importance of Texas in its operational landscape. With this move, NACCO is poised to gain greater traction in the eyes of investors while continuing to capitalize on its robust market position. Further information about NACCO and its investment opportunities can be found on its websites, nacco.com and ir.nacco.com.

NACCO Industries' dual listing on NYSE Texas presents a unique opportunity for investors to engage with a company that has demonstrated a commitment to growth and regional investment. By expanding its footprint onto NYSE Texas while retaining its primary listing on the New York Stock Exchange, NACCO underscores its strategic focus on enhancing visibility and liquidity in capital markets, particularly in Texas—a key hub for natural resources.

From a market perspective, this dual listing strategy is likely to attract more institutional and retail investors, particularly those who prioritize equity accessibility and support for companies that emphasize local engagement. The move may foster a broader investor base as NACCO seeks to leverage the efficiencies of a fully electronic trading platform that NYSE Texas offers. This could lead to improved trading volumes and potentially greater stock price stability over time.

Investors should closely monitor NACCO's performance post-listing, as a successful transition to NYSE Texas may reinforce confidence in its operational capabilities and market strategy. The company’s historical presence in the NYSE for over 60 years adds a layer of credibility that can attract more discerning investors looking for stability in a volatile market.

It’s essential to consider NASCO's diversified portfolio in natural resources, which contributes to its resilience in various economic conditions, from the demand for aggregates and minerals to reliable fuels. This diversified structure not only mitigates risks but also enhances growth opportunities amidst changing regulatory and market landscapes.

Overall, for current shareholders and prospective investors, NACCO's dual listing represents a solid investment opportunity that should be analyzed closely in the context of broader market trends and the company’s proactive endeavors in community engagement and resource allocation. As always, maintaining a diversified portfolio and considering risk factors are crucial in navigating the evolving market landscape.