Interface, Inc. · NASDAQ:TILE

Interface — Investor Presentation (February 2025)

25 slides from Interface's investor presentation, Feb 25, 2025

1. Slide 1: Investor Presentation | February 2025

   Investor Presentation | February 2025

2. Slide 2: Forward Looking Statements and Non-GAAP Measures

   2 Forward Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements, including, in particular, statements about Interface’s plans, strategies and prospects. These are based on the Company’s current assumptions, expectations and projections about future events. Al

3. Slide 3: Who We Are

   3 At Interface, we’re Made for More Who We Are Leading Established GlobalDedicated Engaged provider of commercial flooring: carpet tile, rubber, and LVT brand with a history of innovation and a commitment to the pursuit of sustainability to performance and improving the built environment, industry,

4. Slide 4: Interface is a global leader in commercial flooring

   Interface is a global leader in commercial flooring 4 $1.3 billion in net sales in FY2024 3,600 global employees 6 manufacturing locations on 4 continents ATL headquartered in Atlanta, GA Recognized leader in sustainability with over 50 years of innovation First cradle-to-gate carbon negative commer

5. Slide 5: Diversified Geographically and Customer Verticals

   Healthcare 61% Americas 29% EMEA 10% APAC REVENUE BY REGION Diversified Geographically and Customer Verticals 5 Note: Figures represent Fiscal Year 2024 and may not sum to 100% due to rounding 47% Corporate Office 20% Education  Highest penetration of carpet tile vs broadloom  Global account manag

6. Slide 6: Interface: a compelling investment

   Interface: a compelling investment 6 We are global leaders in… … with a strong financial foundation Design InnovationSustainability attractive margins strong liquidity healthy balance sheet Im ag es © C hr is to ph er P ay ne / Es to … and unwavering commitment to our people winning culture commitme

7. Slide 7: 'One Interface' Strategy

   ‘One Interface’ Strategy  Build strong global functions to support our world-class local sales teams  Accelerate growth through enhanced productivity of our commercial teams  Expand margins through global supply chain management and complexity reduction  Lead in design, innovation, and sustainab

8. Slide 8: Interface Positioning

   Interface Positioning

9. Slide 9: Attractive Product Portfolio

   Attractive Product Portfolio 9 Carpet Tile  Industry-leading cradle-to-gate carbon negative carpet tile  Biomimicry-inspired design (i2)  No glue installation with TacTiles®  Faster, more profitable installation for contractors  Recyclable via our ReEntry® program Luxury Vinyl Tile (LVT)  Crea

10. Slide 10: Leading Global Provider of Commercial Flooring Solutions

    Total global commercial flooring market = $39 Billion Interface served market = $9+ Billion  Global share leader in $5B Carpet Tile segment (now exceeds Broadloom segment globally)  Leader in high growth $3B LVT segment  Entered $1B Rubber segment in 2018, acquisition of nora, the category leader

11. Slide 11: Brand Leader in the Specified Channel

    - 20 40 60 80 100 120 Low End Mid-Range High End Brand Leader in the Specified Channel 11 Interface competes on design, sustainability and innovation, commanding a premium price point and industry leading margins. Source: 2023 World Map – Contract Carpet Tiles (AJCP Associates) Opportunity to expand

12. Slide 12: Global Sales and Manufacturing Platform

     Physical presence in 18 countries  Global account management  Six manufacturing locations on four continents  Global supply chain management  Unique blend of efficiency and customization Note: Figures represent Fiscal Year 2024 and may not sum to 100% due to rounding Americas 61% of Net Sales

13. Slide 13: ESG Overview

    ESG Overview

14. Slide 14: Recent ESG Highlights

    Recent ESG Highlights 14 Environmental Stewardship Reduce our environmental impact and make progress towards our science-based targets and climate goals. • Reduced GHG emissions by 12% • Decreased carbon footprint across all product categories • Refocused climate ambition on absolute emission reduct

15. Slide 15: 2023 Impact Report

    15 Check out our report here: 2023 Impact Report The linked 2023 Impact Report is not a part of, or incorporated into, this presentation. 2023 Impact Report We are focused on reducing our environmental footprint, making Interface a great place to work, and doing business ethically and responsibly to

16. Slide 16: Financial Performance

    Financial Performance

17. Slide 17: Financials at a Glance

    Financials at a Glance 17 Currency Neutral Net Sales $336 +3.4% YoY Net Sales $335 +3.0% YoY Adjusted SG&A 27.1% % of Net Sales Adjusted Operating Income $32.8 9.8% of Net Sales Net Debt / Adjusted EBITDA 1.1x Net Sales $1,316 Adjusted EBITDA $189 14.4% of Net Sales Adjusted Operating Income $141 10

18. Slide 18: GAAP Financial Results

    GAAP Financial Results 18 ($ in millions, except EPS) 2024 2023 Change 2024 2023 Change Net Sales $335 $325 3% $1,316 $1,261 4% Gross Profit 122 123 (1%) 483 441 9% % of Net Sales 36.5% 37.9% (137) bps 36.7% 35.0% 174 bps SG&A Expense 93 88 5% 349 339 3% % of Net Sales 27.7% 27.1% (59) bps 26.5% 26.

19. Slide 19: Adjusted Financial Results

    Adjusted Financial Results* 19 * See Appendix for a reconciliation of Non-GAAP figures ($ in millions, except EPS) 2024 2023 Change 2024 2023 Change Net Sales $335 $325 3% $1,316 $1,261 4% Adjusted Gross Profit 124 124 (1%) 488 446 9% % of Net Sales 36.9% 38.3% (139) bps 37.1% 35.4% 173 bps Adjusted

20. Slide 20: Leverage and Earnings Metrics

    Adjusted EBITDA Adjusted Earnings Per Share (Diluted) Net Debt / FY Adjusted EBITDANet Debt Leverage and Earnings Metrics* 20 $ in millions * See Appendix for a reconciliation of Non-GAAP figures $ in millions

21. Slide 21: Financial Policy

    Financial Policy 21 Capital allocation priorities are to invest in the business, manage our leverage ratio, and return capital to shareholders. Reinvest in the business Invest in strategic initiatives with high returns, including organic growth opportunities, innovation, manufacturing productivity,

22. Slide 22: Appendix

    Appendix

23. Slide 23: Reconciliation of Non-GAAP Figures

    Reconciliation of Non-GAAP Figures 23 Note: Sum of reconciling items may differ from total due to rounding of individual components ($ in millions) Q4 2023 Q4 2024 Fiscal Year 2023 Fiscal Year 2024 Net Sales as Reported (GAAP) $325.1 $335.0 $1,261.5 $1,315.7 Impact of Changes in Currency - 1.0 - 1.8

24. Slide 24: Reconciliation of Non-GAAP Figures (Net Income and EPS)

    ($ in millions) Fiscal Year 2023 Fiscal Year 2024 Q4 2023 Q4 2024 Net Income as Reported (GAAP) $44.5 $86.9 $19.6 $21.8 Purchase Accounting Amortization 3.7 3.7 0.9 0.9 Cyber Event Impact 0.8 (4.2) 0.1 (3.9) Restructuring, Asset Impairment, Severance and Other, net 4.1 1.9 3.2 1.7 Property Casualty

25. Slide 25: Reconciliation of Adjusted EBITDA

    ($ in millions) Fiscal Year 2020 Fiscal Year 2021 Fiscal Year 2022 Fiscal Year 2023 Fiscal Year 2024 Q4 2023 Q4 2024 Net (Loss) Income as Reported (GAAP) ($71.9) $55.2 $19.6 $44.5 $86.9 $19.6 $21.8 Income Tax (Benefit) Expense (7.5) 17.4 22.4 19.1 26.6 7.4 5.6 Interest Expense (including debt issuan

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