High Yield Toolkit Industrials & Services Weekly 62 earnings, VRRM new Avis & Hertz contracts, and WNC revolver A&E

High Yield Toolkit: Industrials & Services Weekly 62 earnings, VRRM new Avis & Hertz contracts, and WNC revolver A&E Industry Overview

Potential VSTJET EUR IPO (BBG), Kone 2nd request on TK acq 28 August 2026 Corrected

Key Highlights: 1) Earnings from ADI Distribution (ADIG), Advanced Drainage Systems High Yield Credit (WMS), AECOM (ACM), Air Control Concepts (HOBBSA), Alight (TEACLL/ALIT), Alliance North America Laundry (ALH), Allied Universal (UNSEAM), Alta Equipment Group (ALTG), Amentum Industrials (AMNTEC/AMTM), Amsted (AMSIND), Artera Services (POWBUY), Atlantic Aviation (ATLAVI), ATS Corporation (ATSCN), Axon Enterprise (AXON), Block (XYZ), Brink’s (BCO), Table of Contents C&D Technologies (CHHP), CACI International (CACI), Centuri (CTRI), Club Car (CLUCAR), Company-Specific News (Alphabetical) 3 Conduent (CNDT), Construction Partners (ROAD), Corpay (FLT/CPAY), Custom Truck One Top News Stories 60 Source / Nesco (NSCO/CTOS), Deluxe (DLX), Dexko (DEXAXL), Dycom Industries (DY), Aerospace & Defense 60 EnerSys (ENS), EnPro (NPO), Enviri (NVRI), First Advantage (FA), Flexjet (FLXJET), Global Construction & Commercial Office 61 Business Travel Group (AMXGBT/GBTG), Global Infrastructure Solutions (GOINSO), GPGI Data Centers, Power, and Artificial Intelligence 61 (COMPOS/GPGI), Hyster-Yale (HY), Iron Mountain (IRM), Kidde (LSFCRO), Legence Environmental Services / Clean Energy 63 (THERMA/LGN), Manitowoc (MTW), MoneyGram (MGI), Mueller Water Products (MWA), NFI Group (NFICN), Park-Ohio (PKOH), Paysafe (PSFE), RB Global (RBACN), RBC Bearings General Manufacturing 64

(RBC), Rehlko / Kohler Energy (DISENE), Resideo (REZI), Sabre (SABHLD), Shift4 Labor / Employment / Consulting 65

Payments (FOUR), Synergy Infrastructure (SYNRGY), TIC Solutions (ROCSER/TIC), Titan Machinery / Yellow Iron / Agriculture / Rentals 66 International (TWI), TriMas (TRS), Tripadvisor (TRIP), Tutor Perini (TPC), Veritext Other Services 67 (VERCOR), Verra Mobility (VRRM), Vista Global (VSTJET), WillScot (WLSC/WSC), Payments 67 ZipRecruiter (ZIP) Semiconductors & Telecom 68 Trucking / Transportation 68 2) Per Bloomberg: VSTJET is considering a European IPO to raise >$1bn (valuation >$10bn). Best/Worst Performing Bonds/Equities 69 3) VRRM signs a new 7-year & 5-year contract extension with Avis Budget and Hertz, Glossary 86 respectively (effective immediately) on “materially” less favorable terms.

4) Kone faces a 2nd request DOJ anti-trust review of €29.4bn acquisition of TK Elevator Abe Landa, CFA Research Analyst (THYELE) with Kone reiterating expected closing in 2Q’27 at the earliest. BofAS ) Bloomberg: BrandSafway (BRANDI) creditors formed a co-op for lender protections. Shaun Maher Exhibit 1: Trading Levels and Returns of High Industrials and General Indices Research Analyst BofAS This week, the HY Cap Goods, Services & Waste indices returned (0.0)%, (0.0)% & +0.2% w/ spreads at 200bps, 301bps & 177bps Total Return STW Change As of 8/26/26 YTW STW 1-Week MTD QTD YTD MTD QTD YTD US IG US HY 5.38% 7.12% 80 284 0.11% 0.18% 0.79% 1.19% (0.73)% 0.76% 0.27% 2.66% ) Links to Past Reports: US Cap Goods HY 6.28% 200 (0.04)% 1.07% 0.63% 2.90% (19) 10 5 Previous Weekly: Industrials & US Services HY 7.26% 301 0.25% 1.39% 1.20% 2.22% (22) (13) 13 US Envir Serv HY 6.10% 177 0.23% 1.24% 0.11% 1.74% (19) 10 (14) Services Weekly 07.27.26 US BB 6.04% 174 0.17% 1.17% 0.71% 2.56% (19) (12) (12) US B 7.25% 299 0.25% 1.38% 1.11% 3.58% (22) (16) (16) US CCC 14.60% 1,037 (0.01)% 0.61% (0.29)% (0.15)% (2) 59 145

Source: ICE Data Indices, LLC BofA GLOBAL RESEARCH

Relative Value Tables: Relative value tables begin on page 71.

BofA Securities does and seeks to do business with issuers covered in its research reports. As a result, investors should be aware that the firm may have a conflict of interest that could affect the objectivity of this report. Investors should consider this report as only a single factor in making their investment decision. Refer to important disclosures on page 88 to 90.

Exhibit 2: Most Traded Issues in HY Industrials for the Last 10 Days Exhibit 3: Most Traded Issues in HY Services for the Last 10 Days The TEX 6.250% ’32 were the most traded issue in High Yield…