Optex Systems Holdings, Inc. · NASDAQ:OPXS

Optex Systems — Investor Presentation (September 2025)

23 slides from Optex Systems's investor presentation, September 2025

  1. Slide 1: Optex Systems Holdings Inc.

    Optex Systems Holdings Inc. Nasdaq : OPXS

  2. Slide 2: Investor Presentation

    Investor Presentation 2

  3. Slide 3: Forward-Looking Statement

    FORWARD-LOOKING STATEMENT This presentation includes forward-looking statements that are subject to many risks and uncertainties. These forward-looking statements, such as statements about Optex’s short-term and long-term growth strategies, can sometimes be identified by use of terms such as “intend

  4. Slide 4: Presentation Contents

    PRESENTATION CONTENTS 1. What is our Mission? 2. Customers and Products 3. Market Opportunity and Competitors 4. Clearly Articulated Business Strategy 5. Sustainable Competitive Advantages 6. Brief financial overview OPTEX Overview 2025 4

  5. Slide 5: What We Do

    WHAT WE DO… Threat Optex Customers Defense Offense OPTEX STANDS BETWEEN THE THREAT AND OUR CUSTOMERS. OPTEX Overview 2025 5

  6. Slide 6: Optex Division – What We Do

    OPTEX DIVISION – WHAT WE DO… OPTEX Overview 2025 6

  7. Slide 7: Applied Optics Center (AOC) Division – What We Do

    APPLIED OPTICS CENTER (AOC) DIVISION – WHAT WE DO… Optical Cells, Eyepiece, Components – Laser Filter Units Objective Lens Sets Optically aligned metal and glass lens sets Laser Interference Filters, ENVG Filters, Optical Coatings By depositing precise molecular layers of unique materials onto an op

  8. Slide 8: AOC – What We Do… New Laser Filter Units

    APPLIED OPTICS CENTER (AOC) – WHAT WE DO… New Laser Filter Units Historical LFU’s 50 mm 60 mm 40 mm 24 mm 32 mm 30 mm 34 mm 44 mm 56 mm New Designs In Work Sig Sauer – NGSW Vortex Scope Next Generation Squad Weapon Every Weapon needs a Scope, Every Scope needs an LFU. OPTEX Overview 2025 8

  9. Slide 9: Market Opportunity

    MARKET OPPORTUNITY Army's Ground Combat Vehicles: The Congressional Budget Office projected that acquisition costs for these vehicles would average approximately $5 billion annually through 2050. cbo.gov ~625 vehicles per year at an average cost of $8MM. ~150-200 Abrams, AMPVs, Strykers, LAVs, etc.

  10. Slide 10: Select Major Customers

    SELECT MAJOR CUSTOMERS Defense Customers - ~90% of Revenue Commercial Customers - ~10% OPTEX Overview 2025 10

  11. Slide 11: Market Opportunity

    MARKET OPPORTUNITY Abrams Tank Armored Multi Purpose Vehicle Nov 2023: State Dept. approves $2.5B sale of Abrams Sept 2023: The Army awarded BAE Systems a tanks to Romania (54). $797 million contract for full-rate production. January 2023: Poland orders another 116 Abrams ($1.4bn). The total contrac

  12. Slide 12: Entrenched Supplier to Multi-Decade Programs of Record

    Entrenched Supplier to Multi-Decade Programs of Record Abrams Tank Stryker Bradley Fighting Vehicle Armored Multi-Purpose ~# In Service/# Produced: 3,000/10,500 ~# In Service/# Produced: 4,200/5,000 ~# In Service/# Produced: 6,000/6,700 Production nowVehicle started for 2,900 in 6-8 yrs. OPTEX Overv

  13. Slide 13: Market Opportunity – Recent Win

    MARKET OPPORTUNITY – RECENT WIN XM30 Combat Vehicle - Replacement of M2 Bradley Fighting Vehicle - Down selected to GDLS and Rheinmetall - 6,000 Bradley’s currently in service - ~$100,000 per vehicle potential OPTEX Overview 2025 13

  14. Slide 14: Market Share, Customers, and Competitors

    MARKET SHARE, CUSTOMERS, AND COMPETITORS Periscopes & Vision Blocks Markets Sighting Systems Markets US $20 – 40MM US $100MM MHI Germany Norway 95% 5% US US UK UK 20 – 30% 0.5 – 1% Worldwide South Worldwide UK G&H? Korea Hawkins Israel Belgium Worldwide Worldwide $40 – 50MM $500MM – $1B OPTEX Overvi

  15. Slide 15: Optex Business Strategy

    OPTEX BUSINESS STRATEGY PRODUCTS PRESENT NEW PRESENT Market Retention Product Development MARKETS • Optical Engineering • New Periscope Technology Enhancement • Mechanical Sighting Systems • New Sighting Systems • Assembly Processes • Recent M10 Booker Win Market Development Diversification • Commer

  16. Slide 16: Sustainable Competitive Advantages

    SUSTAINABLE COMPETITIVE ADVANTAGES… Building Patented Highest Share in our Approved Supplier to: Clean Capitalization Table CEO owns and Proprietary Niche US Market for Major General Dynamics, and Healthy Balance Sheet 13+% of Out- Products for over Product Lines BAE Systems, L3 Harris (Robust) stan

  17. Slide 17: Financial Overview

    FINANCIAL OVERVIEW OPXS Revenue and Gross Margin OPXS Revenue and EBITDA as % of Revenue $45 32.0% $45 20.0% $40 EBITDA adj. as % of Rev 28.0% $40 Revenue in Millions Revenue in Millions $35 $35 16.0% Gross Margin (%) 24.0% $30 $30 20.0% 12.0% $25 $25 16.0% $20 $20 12.0% 8.0% $15 $15 8.0% $10 $10 4.

  18. Slide 18: Summary

    SUMMARY Sustainable Competitive Advantage in Profitable Product an Attractive Market Portfolio • $1 Billion • Highest quality worldwide • Innovative product • Increasing development market share • New product (commercial launches and foreign) Selective Acquisition Excellent Customer Strategy Base •

  19. Slide 19: Divisional Breakdown

    DIVISIONAL BREAKDOWN OPTEX SYSTEMS HOLDINGS, INC. OPTEX SYSTEMS APPLIED OPTICS CENTER ~55% of Revenue ~45% of Revenue • Laser Protected Periscopes and Vision Blocks • Premier Thin Film Coatings • Military Optical Sighting Systems • Blocks Unwanted Wavelengths • Weapon Systems, Optical Subassemblies

  20. Slide 20: Leadership Team

    LEADERSHIP TEAM Danny Schoening – CEO Chad George - President 30 years in Engineering, Manufacturing, Optics, 16 years in Leadership roles within the Defense and Business Leadership; holds Sector, previously with Leonardo DRS, MBA and 8 US Patents. Previously with Honeywell Engineering degrees. Inte

  21. Slide 21: Bradley Support – What We Do

    BRADLEY SUPPORT – WHAT WE DO… Bradley Fighting Vehicle Back-Up Sight 15 Degree Periscope Periscope Assembly Assembly M17 Periscope M45 Periscope Assembly Assembly M27 Periscope 20 Degree Periscope Assembly Assembly Optex Systems Inc. Military Artillery Fire Control Systems www.optexsys.com OPTEX Ove

  22. Slide 22: Stryker – LAV Support – What We Do

    STRYKER – LAV SUPPORT – WHAT WE DO… Stryker/LAV Family of Vehicles M27 Periscope Assembly (Turret Version) M17 Periscope Assembly M45 Periscope Assembly Vision Block Assembly LS Periscope Assembly LS MRS Collimator (MGS Version) Assembly (MGS Version) Optex Systems Inc. Military Artillery Fire Contr

  23. Slide 23: Optex Products – What We Do

    OPTEX PRODUCTS – WHAT WE DO… DDAN / M36 Sights Laser Protected Periscopes M17 Day/Thermal Periscope Back Up Sight Commercial Naval Binoculars Howitzer Products Stabilized Monocular – on Amazon Optical Assembly http://www.nightforceoptics.com/sites/default/files/styles/square-thumb/public/ATACR-4-16x

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