Harley-Davidson statement on the customs dispute

MILWAUKEE, May 17, 2021 - In response to today's announcement by E.U. Valdis Dombrovskis, Executive Vice President of Harley-Davidson, Inc. („Harley-Davidson“) (NYSE: HOG), reaffirms its commitment to defending its position in Europe. The company will continue to pursue its legal challenge to the revocation of Binding Origin Information (BOI) and its motion for extended reliance.

Harley-Davidson remains committed to free and fair trade and is focused on remaining globally competitive for the benefit of all its stakeholders. Harley-Davidson is also committed to ensuring that its customers around the world have access to Harley-Davidson products.

Jochen Zeitz, Chairman, President and CEO of Harley-Davidson:

„We are encouraged by today's announcement that the tariffs for our products will not be affected by 31% to 56% will increase. This is the first step in the right direction in an argument we are not having. Harley-Davidson employees, dealers, stakeholders and motorcycles have no place in this trade war. These tariffs give other motorcycle manufacturers an unfair competitive advantage in the EU. European motorcycles only pay up to 2,4% for import into the USA.

We want free and fair trade. UNITED WE RIDE. „

HARLEY-DAVIDSON