Gentherm Shareholders Approve Combination with Modine’s Performance Technologies Business

Gentherm shareholders voted to approve the proposed combination with Modine's Performance Technologies business, with approximately 99% voting in favor of share issuance and 94% supporting charter amendments. The transaction has received all required regulatory approvals and is expected to close on October 1, 2026. The combined entity aims to create a higher-growth, higher-margin thermal and precision flow management business.