Applied Industrial Technologies Declares Quarterly Dividend and Announces Annual Meeting Date

CLEVELAND–(BUSINESS WIRE)–Applied Industrial Technologies (NYSE: AIT) Board of Directors has declared a quarterly cash dividend of $0.33 per common share, payable on 31 Agosto 2021, to shareholders of record on 16 Agosto 2021.

The Company also announced that its Annual Meeting of Shareholders will be held at 9:00 a.m. EDT, Tuesday, 26 Ottobre 2021, at its Corporate Headquarters, 1 Applied Plaza (E. 36th & Euclid Avenue), Cleveland, Ohio. 27 Agosto 2021, is the record date for determining shareholders entitled to notice of and to vote at the Annual Meeting.

About Applied®

Applied Industrial Technologies is a leading value-added distributor and technical solutions provider of industrial motion, fluid power, flow control, automation technologies, and related maintenance supplies. Our leading brands, specialized services, and comprehensive knowledge serve MRO and OEM end users in virtually all industrial markets through our multi-channel capabilities that provide choice, convenience, and expertise. For more information, visit www.applied.com.

Contacts

Ryan D. Cieslak

Director – Investor Relations & Treasury

216-426-4887 / rcieslak@applied.com

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