Slide 1: Investor Presentation
Investor Presentation June 2025 © 2024 Minerals Technologies Inc. All Rights Reserved.
Slide 2: Forward-Looking Statements and Non-GAAP Measures
Forward-Looking Statements and Non-GAAP Measures This presentation may contain "forward‐looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements provide current expectations and forecasts of future events such as new products, revenue
Slide 3: Why Minerals Technologies?
Why Minerals Technologies? Leading market positions across all four product lines Balanced portfolio of consumer and industrial businesses Multiple levers for long-term growth Attractive financial profile and strong cash generation Experienced leadership with extensive industry expertise 3
Slide 4: A Global Specialty Minerals Company
MINERALS TECHNOLOGIES A Global Specialty Minerals Company $2.1B ~4,000 34 12 Net Sales Employees Countries R&D Centers EMEA Latin Technology-driven provider of specialty solutions and 24% America applications that are an essential part of your everyday life 3% Global footprint aligned with our c
Slide 5: A Well-Balanced Portfolio Positioned for Growth
A Well-Balanced Portfolio Positioned for Growth Sales* $1.1B $1.0B Sales* CONSUMER Operating Margin 14.5% 16.5% Operating Margin ENGINEERED & SPECIALTIES SOLUTIONS Functional components in a variety of consumer and industrial goods Designed to improve our customers’ manufacturing processes and proje
Slide 6: Leading Market Positions Across All Product Lines
Leading Market Positions Across All Product Lines Technology and #1 Market Application Know-How Position Deep understanding across all of customer and product Crystal Engineering Functional Additives Engineered Blends Particle Surface Modification industry needs lines #1 in Worldwide Bentonite Dif
Slide 7: Multiple Levers for Organic Growth
Multiple Levers for Organic Growth Household & Personal Care 4-7% Sales CAGR* Pet care growth Market share growth of high-margin specialty products Expansion in higher growth Specialty Additives consumer- Expansion of sustainable solutions and market share oriented markets growth for packaging
Slide 8: Balanced Approach to Capital Allocation
Balanced Approach to Capital Allocation Capex 2025 target ~$90M Free Cash Flow FCF 2025 target ~$150M Strong Balance Sheet Net Leverage, x EBITDA 4.5x 3.8x 2.8x 2.4x At target net leverage 2.2x 1.8x 1.9x 1.6x 2X EBITDA May-14 2014 2016 2018 2020 2022 2023 2024 Depending on M&A opportunity Ongoing
Slide 9: Progress on Our 5-Year Targets
Progress on Our 5-Year Targets Performance Since 2022 Baseline 1 Organic sales growing at 5% CAGR through 2027 +1.2% CAGR (2022-2024) 2 14.9% Margin improvement to 15% by 2025 (2024 Operating Margin) 3 Operating income growing at 10% CAGR through 2027 +15.1% CAGR (2022-2024) 4 Continued strong FCF g
Slide 10: A powerful combination to drive shareholder value
MTI values and culture A powerful Differentiated technologies combination MTI to drive Financial strength Business shareholder Application System value expertise Global mineral reserves
Slide 11: Investor Contact
Investor Contact Investor Relations Contact Lydia Kopylova Phone: (212) 878-1831 Email: lydia.kopylova@mineralstech.com Website www.mineralstech.com 11
Slide 12: © 2024 Minerals Technologies Inc. All Rights Reserved.
© 2024 Minerals Technologies Inc. All Rights Reserved.