Steve Ferazani

Kirk Ludtke

Michael Shlisky

Brian DiRubbio

Derek Soderberg

Thomas Kerr

Brian Lantier

Joe Gomes

- **Titan International, Inc. (TWI)** closed a strategic partnership with **Rodaros Industria de Rodas Ltda.**, a Brazilian manufacturer of agricultural and construction wheels, on **October 28, 2025**.  **[899751_20251028CG09038:0]** 
- Titan made an initial cash investment of **$4 million** for a **20% ownership stake** in Rodaros, with commitments to acquire the remaining **80% in 2029** based on financial performance criteria.  **[899751_20251028CG09038:0]** 
- This partnership aims to leverage Titan's "One Stop Shop" framework by distributing **wheel/tire assemblies** to OEM customers in Brazil, which is the third largest agricultural market, providing a competitive advantage as competitors do not offer this in the region.  **[899751_20251028CG09038:0]**

TITAN INTERNATIONAL (TWI)