SCHEDULE: Hilve Holdings Discloses 5.3% Stake in Mayville Engineering

Hilve Holdings Ltd and Mikhail Stiskin have reported a passive 5.3% beneficial ownership stake in Mayville Engineering Company, Inc. through a Schedule 13G filing.

Summary

• Hilve Holdings Ltd and Mikhail Stiskin (collectively, the "Reporting Persons") have filed a Schedule 13G with the SEC.
• The Reporting Persons collectively beneficially own 1,067,170 shares of Mayville Engineering Company, Inc. Common Stock.
• This ownership represents 5.3% of the Issuer's outstanding Common Stock.
• The percentage is calculated based on 20,317,825 shares of Common Stock outstanding as of August 1, 2025.
• Mikhail Stiskin, as the sole shareholder of Hilve Holdings Ltd, is deemed the beneficial owner of the same 1,067,170 shares.
• Both Hilve Holdings Ltd and Mikhail Stiskin hold sole voting and dispositive power over these shares.
• The Reporting Persons certified that the securities were not acquired and are not held for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 5

Explanation: Neutral, as this is a standard regulatory disclosure of passive ownership and does not contain performance or strategic updates for the issuer.

Positives

• The disclosure of a 5.3% beneficial ownership stake by Hilve Holdings Ltd and Mikhail Stiskin may signal investor confidence in Mayville Engineering Company, Inc.

Future Outlook

The filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding the issuer's future performance or strategic direction.

Management Comments

• Hilve Holdings Ltd and Mikhail Stiskin certified that the securities were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer, nor in connection with any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 240.14a-11.

Industry Context

This filing is a standard regulatory disclosure of a significant passive ownership stake and does not provide specific insights into broader industry trends or competitive landscape for Mayville Engineering Company, Inc.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant passive ownership stake, potentially indicating investor confidence in the company.

Key Dates

Keywords

Mayville Engineering Company, Hilve Holdings Ltd, Mikhail Stiskin, Schedule 13G, Beneficial Ownership, Common Stock, Equity Stake, Passive Investment