Dates / venues subject to change or cancellation . (*) Some dates provisional . " Check before you buy "

Biker Fest International ( 37th ) Lignano Sabbiadoro , IT • May 18-21 www . bikerfest . it

Concorso d ' Eleganza Villa d ' Este Como , IT • May 19-21 concorsodeleganzavilladeste . com

Lost Highway Show Poconos Park , PA , US • May 19-21 www . losthighwayshow . com

Distinguished Gentleman ' s Ride Worldwide • May 21 www . gentlemansride . com

European Super Rally Igoumenitsa , GR • May 24-28 www . superrally . com

Bike Shed Show London , GB • May 27-29 www . bikeshedmoto . com

Isle of Man TT IOM , GB • May 29-Jun 10 www . iomtt . com

Americade ( 40th ) Lake George Village , NY , US • May 31-Jun 4 www . americade . com

Custombike Show Norrtaelje , SW • Jun 3 www . custombikeshow . se

Budweis Custom Show , Indian Riders Fest

Budweis , CZ • 9-11 Jun www . budweiscustom . show

Rising Thunder Custom Show LT • 9-11 Jun www . custombikeshow . lt

RideOn MotoDays Fiera di Roma , IT • 9-11 Jun www . motodays . it

Laconia Motorcycle Week ( 100th ) New Hampshire , US • Jun 10-18 www . laconiamcweek . com

European H . O . G . Rally 120th Anniversary Budapest , HU • Jun 22-25 www . harleysite . de

Born Free Silverado , CA , US • Jun 24-25 www . bornfreeshow . com

AMA Vintage Motorcycle Days Lexington , OH , US • Jul 21-23 vintagemotorcycledays . com

Wheels & Waves Biarritz , FR • Jun 28-Jul 2 www . wheels-and-waves . com

Punta International Motorcycle Show Courchevel , FR • Jun 30-Jul 2 www . punta-courchevel . com

<<< Continued from cover

Harley-Davidson sales revenue and production data … 1st quarter 2023

Income statements in THREE MONTHS ENDED $ 1,000s ( except share ) MARCH 2023 MARCH 2022

RETAIL SALES OF H-D MOTORCYCLES :

increase in credit losses was driven by several factors relating to the current macro environment . Total quarter ending financing receivables were $ 7.6bn , which was up 11 % versus the prior year , driven primarily by an increase in wholesale receivables ." LiveWire revenue for the first quarter decreased by 2 %, due to lower sales of electric motorcycles and STACYC electric balance bikes . " LiveWire operating loss of $ 25m in the first quarter was driven by product development costs as well as increased costs versus prior year , associated with setting up the new organization ." Consolidated operating income in the first quarter was up 28 %, driven by an increase of 53 % at HDMC , a decline of 32 % at HDFS , and an operating loss of $ 25m in the LiveWire segment . Consolidated operating income margin in the first quarter was 21 % relative to 19 % in the first quarter a year ago , representing a 132 basispoint improvement . Harley generated $ 47m of cash from operating activities at an effective tax rate of 23 % and paid cash dividends of $ 24m . Q1 diluted EPS of $ 2.04 was up 41 % versus the prior year ; the achieved HDMC operating income margin of 21.6 % was an increase of 4.6 points versus the prior year , as pricing , unit mix and cost productivity more than offset inflation ; Harley executed $ 84m of share repurchases ( 2.0 million shares ) on a discretionary basis . Cash and cash equivalents were $ 1.6bn at the end of the quarter , and financing of $ 1.25bn was raised for HDFS . The company has reaffirmed its initial guidance for the full year 2023 and continues to expect HDMC revenue growth of between 4 and 7 %, with an operating income margin of between 14.1 to 14.6 %, an HDFS operating income decline of 20 to 25 %, LiveWire motorcycle unit sales of 750 - 2,000 , with an operating loss of between $ 115m to $ 125m , and H-D Inc . capital investments of $ 225m to $ 250m . Last year , Harley had trailed and implemented a new segment reporting structure as a result of LiveWire Group , Inc . becoming a separate public company , trading on the New York Stock Exchange on September 27 , 2022 ( Ticker : LVWR ). Following the close of that SPAC merger , Harley-Davidson was left with an equity interest in LiveWire of approximately 89.4 % ( well above its 74 % target ) and had raised some $ 1.77bn - well below the expected $ 2.3bn . Harley had continued to consolidate LiveWire Group results with new adjustments for noncontrolling

shareholder interests . Consolidated net income attributable to Harley-Davidson , Inc . and EPS calculations now reflect these adjustments . Beginning with the fourth quarter of 2022 , the new business segment reporting now includes Harley- Davidson Motor Company ( HDMC ) - the Group that is accountable for the design ,

manufacturing , marketing and sales of Harley-Davidson motorcycles and related products ; Harley-Davidson Financial Services ( HDFS ) - the Group that provides motorcycle and related products , financing and insurance products and services for dealers and retail customers , and LiveWire - the Group that is accountable for the design , marketing and sales of LiveWire electric motorcycles and related products , including STACYC electric balance bikes . Prior period segment results have been retrospectively adjusted based on the new segments . In addition , the consolidated results will continue to be reflected by Harley-Davidson , Inc .( HDI ) - the corporate entity for the overall company under which HDMC , HDFS and LiveWire operate .