Massimo Group Advances Retail Expansion Strategy with New Ace Hardware Program Targeting Nationwide Store Network

Company Builds on Existing Sales Through Individual Ace Hardware Locations and Presents Expanded Powersports Program to Ace Retailers

GARLAND, Texas, Oct. 14, 2026 /PRNewswire/ -- Massimo Group (NASDAQ: MAMO) ("Massimo" or the "Company"), a manufacturer and distributor of powersports vehicles, UTVs, ATVs and innovative mobility solutions, today announced that it is advancing a new retail program designed to expand availability of Massimo products across the Ace Hardware network.

Massimo has historically sold products through a number of independently operated Ace Hardware locations and is now working to broaden that opportunity by developing programs that can be made available to Ace retailers on a wider basis.

As part of that effort, Massimo recently participated in an Ace Hardware event in Orlando, Florida, where the Company presented its powersports products and retail programs directly to Ace representatives and store owners.

Ace Hardware operates more than 5,000 stores in the United States and represents one of the country's largest networks of independently owned neighborhood hardware retailers.

"Working with individual Ace stores has already demonstrated to us that there is a natural fit between the Ace customer and Massimo's product portfolio," said Quenton Petersen, Chief Executive Officer of Massimo Group. "The next opportunity is to take what we have learned at the individual-store level and build a scalable program that can be presented to a much broader group of Ace retailers."

Massimo has also submitted a dedicated 2026 holiday retail program designed to provide participating Ace stores with select Massimo products for the Black Friday and Christmas selling periods. The program is being structured around inventory availability, retail pricing, merchandising and logistics necessary to support participating stores during the critical holiday sales season.

No purchase commitments or minimum store participation levels have been established under the program, and individual retailer participation remains subject to applicable approvals and ordering decisions.

"Our objective is to make doing business with Massimo as easy as possible for independent Ace retailers," Petersen continued. "Ace has an extraordinary network of locally owned stores, including many locations serving rural, outdoor and recreational markets that align well with our customer base. We believe creating a program that gives these retailers access to the right products, pricing and support could represent a meaningful long-term retail growth opportunity for Massimo."

Massimo's broader retail strategy is focused on increasing the number of channels through which consumers can access its products while reducing dependence on any single customer or distribution channel. The Company believes independently operated retail networks can complement its existing national retail, dealer, fleet and direct-to-consumer businesses.

The Ace initiative is also consistent with Massimo's strategy of expanding relationships with retailers whose customer demographics overlap with the Company's core powersports, outdoor recreation, agricultural and utility markets.

Massimo used its participation in the Ace event to meet with retailers, introduce its product lineup, gather feedback on regional product demand and further develop programs designed specifically for the Ace network.

"This opportunity isn't simply about getting another product into a store. We are focused on building another scalable distribution channel for Massimo," Petersen added. "With thousands of independently operated Ace locations across the country, even incremental adoption over time could create a meaningful new avenue for growth."

The Company expects to provide additional updates regarding its Ace Hardware initiatives as programs develop and retailer participation progresses.

About Massimo Group

Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor of powersports vehicles, including UTVs, ATVs, electric bikes, motorcycles, golf carts and other recreational and utility vehicles. The Company also develops and distributes pontoon and tritoon boats through its marine division. Massimo's operations are headquartered in Garland, Texas, where the Company maintains its manufacturing and distribution facilities.

For more information, visit www.massimomotor.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws. These forward-looking statements include, but are not limited to, statements regarding the Company's proposed retail and holiday programs for Ace Hardware retailers; potential retailer participation; future orders and product sales; the potential expansion of Massimo products across the Ace Hardware network; the Company's ability to develop additional retail distribution channels; and the Company's expectations regarding future growth opportunities.

Forward-looking statements are based on current expectations, estimates, forecasts and projections and are subject to risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such statements. Factors that may cause actual results to differ materially include retailer acceptance and participation, purchase decisions by independently operated retailers, inventory and production availability, supply chain and logistics conditions, market demand, competitive conditions and other risks described in Massimo Group's filings with the Securities and Exchange Commission.

Readers are cautioned not to place undue reliance on forward-looking statements. Massimo Group undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.

Investor Relations Contact

Massimo Group
Investor Relations
[email protected]

SOURCE Massimo Group