3d Systems Corporation · NYSE:DDD

3d Systems — 23rd Annual Needham Growth Conference (January 2021)

20 slides from 3d Systems's conference presentation, Jan 13, 2021

  1. Slide 1: 3D Systems – 23rd Annual Needham Growth Conference

    3D Systems 23rd Annual Needham Growth Conference January 13, 2021 ©2021 3D Systems, Inc. | All Rights Reserved.

  2. Slide 2: Forward Looking Statement

    Forward Looking Statement Certain statements made in this presentation that are not statements of historical or current facts are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, obj

  3. Slide 3: Key Messages

    Key Messages New management team executing A leader in a large growth market Full Solution capabilities with focus a transformation journey on application driven growth 3

  4. Slide 4: New Leader. New Future.

    New Leader. New Future. Dr. Jeffrey Graves is President and CEO of 3D Systems and joined the company on May 26, 2020. Prior to joining 3D Systems, from 2012 to May 2020, he served as CEO, President and Director of MTS Systems Corporation, a global supplier of test, simulation, and measurement system

  5. Slide 5: Purpose Statement

    Purpose Statement We are the leaders in enabling additive manufacturing solutions for applications in growing markets that demand high reliability products. 5

  6. Slide 6: Transformation Framework

    Transformation Framework Strategic Divest/ Reorganize Restructure Purpose Invest We are the leaders in Focus on Key Applications Resizing + other cost Divest non-core assets enabling additive within Healthcare and reduction measures and Invest for growth manufacturing solutions Industrial Markets fo

  7. Slide 7: Why AM? Tangible Benefits to AM Design

    Why AM? Tangible Benefits to AM Design Capability for Mass Improved Lead Part / Assembly Customization Times Consolidation Supply Chain Precision Weight Optimization and Parts Reduction Flexibility 7

  8. Slide 8: Market Opportunity: AM Growth Estimate

    Market Opportunity: AM Growth Estimate SCALE OF AM GROWTH Over the next 5 years, market is expected to grow on average at 24% CAGR, reaching $35B by 2024 INDUSTRY GROWTH DRIVERS High focus to introduce new designs & business models that take full advantage of the manufacturing freedom Growth is expe

  9. Slide 9: Application Focus

    Application Focus Healthcare Solutions Industrial Solutions Dental Aerospace & Defense Medical Devices Transportation & Motorsports Simulations Investment Castings Surgical Planning Jewelry Consumer Durables & Electronics Focus on Key Applications within these Markets 9

  10. Slide 10: Full Solution Provider

    Full Solution Provider Services and Software Hardware and Materials Application experts & Customer Full range of 3D printers to address Innovation Centers AM needs in metals, plastics and wax Printing process and management Professional and production systems software tools 100+ Materials portfolio

  11. Slide 11: Veterans Health Administration (VHA)

    Healthcare Case Study Veterans Health VA Objectives • COVID-19 related manufacturing Administration (VHA) • Establish quality management system • Develop patient-matched medical device products • Regulatory compliance 3D Systems Solution 3D Systems will assist the VA with • Hardware / materials esta

  12. Slide 12: Orthopedic

    Healthcare Case Study Orthopedic Customer Challenge Machining-plus-coating traditional design and manufacturing Utilized holistic solutions approach processes lead to poor surface quality, high component to develop and commercialize the variability, long process cycle times, high inventory and waste

  13. Slide 13: Investment Casting

    Industrial Case Study Investment Casting Customer Challenge Traditional investment casting production methodology Utilized holistic solutions with limits geometric design options and involves long, materials, hardware and software complex manufacturing cycle times. elements tuned by application expe

  14. Slide 14: Q3 2020 Revenue By Market

    Q3 2020 Revenue By Market (quarter ended 9/30/20) $ in millions 19.7% 21.3% 6.1% (23.8)% 14

  15. Slide 15: Operating Expense Trend

    Operating Expense Trend Q3 2020 non-GAAP operating expenses decreased 15.2% compared to Q3 2019 as cost actions were implemented See appendix for a reconciliation of non-GAAP operating expenses. 15

  16. Slide 16: Business and Financial Update

    Business and Financial Update Announcement 1/7/21 • Closed sale of non-core software businesses for cash proceeds of approximately $64 million • Repayment of all debt outstanding under senior secured term loan • Official termination of ‘At-the-Market’ Equity Offering Program • Strong Q4 preliminary

  17. Slide 17: Summary

    Summary Our Transformation Journey: • Reorganization complete • Restructuring continues, on track to achieve $60M run-rate cost savings by end of 2020 • Strengthening balance sheet • Sales improving and expect continued strength of the business moving forward 17

  18. Slide 18: Thank You

    Thank You Find out more at: www.3dsystems.com 1 18 8 ©2019 3D Systems, Inc. | All Rights Reserved.

  19. Slide 19: Appendix

    Appendix ©2021 3D Systems, Inc. | All Rights Reserved.

  20. Slide 20: Non-GAAP Reconciliation - Operating Expense

    Non-GAAP Reconciliation - Operating Expense Quarterly 2019 and 2020 Non-GAAP Operating Expenses 2019 2020 Quarter Ended Quarter Ended (in millions) March 31 June 30 September 30 December 31 March 31 June 30 September 30 GAAP SG&A Expenses $ 65.1 $ 71.7 $ 58.3 $ 59.3 $ 56.1 $ 52.0 $ 59.1 GAAP R&D Exp

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