Company: NC
Filing Date: 2025-04-07
Form Type: DEF 14A
Source: 0000789933-25-000012
Chunk: 1

Company: NACCO INDUSTRIES INC
Filing Date: 2025-04-07
Form: DEF 14A
Chunk 1
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<div align='center'>22901 MILLCREEK BLVD., SUITE 600

CLEVELAND, OHIO 44122-5724</div>

### NOTICE OF ANNUAL MEETING
The Annual Meeting of stockholders (the "Annual Meeting") of NACCO Industries, Inc. ® (the "Company") will be held on Wednesday, May 14, 2025 at 9:30 a.m., at 9621 Parkside Drive, Knoxville, Tennessee, for the following purposes:

1. To elect thirteen Directors, each for a term of one year and until their respective successors are duly elected and qualified;

2. To approve NACCO Industries, Inc.'s Amended and Restated Non-Employee Directors' Equity Compensation Plan;

3. To approve, on an advisory basis, the Company's Named Executive Officer compensation;

4. To ratify the appointment of Ernst & Young LLP as our independent registered public accounting firm for 2025; and

5. To transact such other business as may properly come before the meeting.

The Board of Directors has fixed the close of business on March 21, 2025 as the record date for the determination of stockholders entitled to notice of, and to vote at, the Annual Meeting or any adjournment thereof. The 2025 proxy statement and proxy card are being mailed to stockholders commencing on or about April 7, 2025.

| John D. Neumann |
| Secretary       |

April 7, 2025

Your vote is very important. Whether or not you plan to attend the Annual Meeting in person, please promptly vote by telephone (1-800-652-8683) or over the Internet (www.investorvote.com/NC) or by completing and mailing the enclosed form of proxy. If you hold shares of both Class A Common Stock and Class B Common Stock, you only have to complete the single enclosed form of proxy or vote once via the Internet or telephone . A self-addressed envelope is enclosed and no postage is required if mailed in the United States. If you wish to attend the meeting and vote in person, you may do so.

The Company's Annual Report for the year ended December 31, 2024 is being mailed to stockholders with the 2025 Proxy Statement. The 2024 Annual Report contains financial and other information about the Company, but is not incorporated into the 2025 Proxy Statement and is not considered part of the proxy