Press release

Helios Technologies Declares Second Quarter Cash Dividend of $0.09 Per Share

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(formerly known as Sun Hydraulics) (Nasdaq: HLIO)
(“Helios” or the “Company”), a global industrial technology leader that
develops and manufactures solutions for both the hydraulics and
electronics markets, announced that its Board of Directors, at its
regular meeting, declared a quarterly cash dividend of $0.09 per common

The dividend will be payable on July 20, 2019 to stockholders of record
as of July 5, 2019.

About Helios Technologies

Helios Technologies is a global industrial technology leader that
develops and manufactures hydraulic and electronic control solutions for
diverse markets. The Company does business through its operating
subsidiaries around the world, including Sun Hydraulics, Enovation
Controls, and Faster Group. The Company operates in two business
segments, Hydraulics and Electronics. There are three key technologies
within our Hydraulics segment: cartridge valve technology (“CVT”),
quick-release hydraulic coupling solutions (“QRC”) and hydraulic system
design (“Systems”). Within CVT, our products provide functions important
to a hydraulic system: to control rates and direction of fluid flow and
to regulate and control pressures. QRC products allow users to connect
and disconnect quickly from any hydraulic circuit without leakage and
ensure high-performance under high temperature and pressure using one or
multiple couplers. Systems provide engineered solutions for machine
users, manufacturers or designers to fulfill complete system design
requirements including electro-hydraulic, remote control, electronic
control and programmable logic controller systems, as well as automation
of existing equipment. In our Electronics segment, we are a leader in
display and control integration solutions offering rugged and reliable
instruments, coupled with expertise in J1939 engine protocol, to produce
an industry-leading array of easy-to-read displays and gauges for
controller area network (“CAN”) transmitted engine data and faults. We
refer to this technology as Electronic Controls (“EC”).

Helios Technologies and information about its associated companies is
available online at