Know all by these presents, that, for good and valuable consideration, the sufficiency and receipt of which are hereby
acknowledged, the undersigned hereby constitutes and appoints each of Jon Sisulak and Sarah C. Lauber, and any of their substitutes, signing singly, the undersigned’s true and lawful attorney‑in‑fact to:
(1) |
execute, file and deliver for and on behalf of the undersigned (in accordance with Section 16(a) of the Securities Exchange Act of 1934, as amended, and the rules
thereunder (the “Exchange Act”)), any and all Forms 3, 4 and/or 5, and any amendments thereto, that are necessary or advisable for the undersigned to file under Section 16(a), as well as any Form 144 pursuant to Rule 144 under the Securities
Act of 1933, as amended, (collectively, “Documents”) with respect to the undersigned’s holdings of and transactions in the securities issued by Douglas Dynamics, Inc., a Delaware corporation (the “Company”).
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(2) |
do and perform any and all acts for and on behalf of the undersigned that may be necessary or desirable to complete and execute any such Documents and timely file such
Documents with the United States Securities and Exchange Commission and any stock exchange or similar authority;
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(3) |
take any other action of any type whatsoever in connection with the foregoing which, in the opinion of such attorney-in-fact, may be of benefit to, in the best interest
of, or legally required by, the undersigned, it being understood that the documents executed by such attorney-in-fact on behalf of the undersigned pursuant to this Power of Attorney shall be in such form and shall contain such terms and
conditions as such attorney-in-fact may approve in such attorney-in-fact’s discretion; and
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(4) |
seek or obtain, as the undersigned’s representative and on the undersigned’s behalf,
information on transactions in the Company’s securities from any third party, including brokers, employee benefit plan administrators and trustees, and the
undersigned hereby authorizes any such person to release any such information to the undersigned and approves and ratifies any such release of information.
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The undersigned hereby grants to each such attorney‑in‑fact full power and authority to do and perform any and every
act and thing whatsoever requisite, necessary or proper to be done in the exercise of any of the rights and powers herein granted, as fully to all intents and purposes as the undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that each such attorney‑in‑fact (or such attorney‑in‑fact’s substitute or substitutes) shall lawfully do or cause to be done by virtue of this power of attorney and the rights and powers
herein granted. The undersigned acknowledges that each attorney‑in‑fact, in serving in such capacity at the request of the undersigned, is not assuming, nor is such attorney‑in‑fact’s substitute or substitutes or the Company assuming, any of the
undersigned’s responsibilities to comply with the Exchange Act or the Securities Act, as the case may be.
The undersigned agrees that such attorney-in-fact may rely entirely on information furnished orally or in writing by
the undersigned to such attorney-in-fact. The undersigned also agrees to indemnify and hold harmless the Company and such attorney-in-fact against any losses, claims, damages or liabilities (or actions in these respects) that arise out of or are
based on any untrue statement or omission of necessary facts in the information provided by the undersigned to such attorney-in-fact for purposes of executing, acknowledging, delivering and filing Documents and agrees to reimburse the Company and
such attorney-in-fact for any legal or other expenses reasonably incurred in connection with investigating or defending against any such loss, claim, damage, liability or action.
This Power of Attorney shall remain in full force and effect until the undersigned is no longer required to file
Documents with respect to the undersigned’s holdings of and transactions in securities issued by the Company, unless earlier revoked by the undersigned in a signed writing delivered to each of the foregoing attorneys‑in‑fact.
IN WITNESS WHEREOF, the undersigned has caused this Power of Attorney to be executed as of this 16th day of February,
2023.
Name: Mark Van Genderen