REV Group, Inc. Announces Pricing of Secondary Offering of Common Stock

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REV Group, Inc. (NYSE:REVG) announced today the pricing of the offering of 10,000,000 shares of common stock by certain selling stockholders at the public offering price of $27.25 per share. In addition, the selling stockholders have granted the underwriters an option to purchase up to 1,500,000 additional shares of common stock. REV Group is not selling any shares of common stock in the offering, and REV Group will not receive any proceeds from the offering by the selling stockholders. The offering is expected to close on or about October 17, 2017, subject to customary closing conditions.

Goldman Sachs & Co. LLC, Morgan Stanley, Baird and Credit Suisse are acting as joint lead book-running managers and representatives of the underwriters for the offering. BMO Capital Markets, Deutsche Bank Securities, Jefferies, Wells Fargo Securities, Stifel and SunTrust Robinson Humphrey are also acting as joint book-running managers for the offering.

A registration statement on Form S-1 relating to these securities was declared effective by the U.S. Securities and Exchange Commission. The offering is being made only by means of a prospectus. A copy of the final prospectus relating to the offering, when available, may be obtained from: Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, New York 10282, via telephone: 1-866-471-2526, or via email: prospectus-ny@ny.email.gs.com; Morgan Stanley & Co. LLC, Prospectus Department, 180 Varick Street, 2nd Floor, New York, New York 10014; Robert W. Baird & Co. Incorporated, Attention: Syndicate Department, 777 East Wisconsin Avenue, Milwaukee, WI 53202-5391, via telephone: 1-800-792-2473, or via email: syndicate@rwbaird.com; or Credit Suisse Securities (USA) LLC, Attention: Prospectus Department, One Madison Avenue, New York, New York, 10010, via telephone: 1-800-221-1037, or via email newyork.prospectus@credit-suisse.com.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About REV Group

REV Group is a leading designer, manufacturer and distributor of specialty vehicles and related aftermarket parts and services. REV Group serves a diversified customer base primarily in the United States through three segments: Fire & Emergency, Commercial and Recreation. REV Group provides customized vehicle solutions for applications including: essential needs (ambulances, fire apparatus, school buses, mobility vans and municipal transit buses), industrial and commercial (terminal trucks, cut-away buses and street sweepers) and consumer leisure (recreational vehicles and luxury buses). REV Group’s brand portfolio consists of 29 well-established principal vehicle brands including many of the most recognizable names within its served markets. Several of REV’s brands pioneered their specialty vehicle product categories and date back more than 50 years. Investors-REVG

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Business Wire: 23:36 GMT Thursday 12th October 2017

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