MATTHEWS INTERNATIONAL ANNOUNCES PARTIAL REDEMPTION OF PREFERRED EQUITY INTEREST IN PROPELIS

PITTSBURGH, May 19, 2026 /PRNewswire/ – Matthews International Corporation (NASDAQ GSM: MATW) today announced receipt of $28 million of proceeds for the partial redemption of its preferred equity interest in Propelis. In discussing this redemption, Joseph C. Bartolacci, President and Chief Executiv…