Slide 1: Second Quarter 2026 Earnings Presentation
Second Quarter 2026 Earnings Presentation August 6, 2026 TM
Slide 2: Disclaimer: Forward-Looking Statements
Disclaimer 2 Forward-Looking Statements This presentation, and other statements that GPGI, Inc. (“GPGI,” “we,” “us” or the “Company”) may make in connection therewith, contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based o
Slide 3: GPGI 2Q26 Highlights
GPGI 2Q26 Highlights Progress Across Platform: Strength at CompoSecure & Navigating Transient Market Headwinds at Husky Reiterating full year 2026 guidance ▪ Flat organic revenue growth and Pro Forma Adjusted EBITDA up 7% y/y at midpoint of range ▪ Continued strong performance anticipated at CompoSe
Slide 4: GPGI 2Q26 Financial Performance In-Line with Revised Guidance
$48.6 $55.2 $83.9 $64.9 2Q25 2Q26 $119.6 $133.6 $374.1 $339.6 2Q25 2Q26 GPGI 2Q26 Financial Performance In-Line with Revised Guidance: Strength at CompoSecure & Transient Market Headwinds at Husky ROS driven performance at CompoSecure offset by continued transient market weakness for Husky Note: Non
Slide 5: Reiterating FY26 Guidance
Reiterating FY26 Guidance Focused on Execution – Implementing ROS to Catalyze Growth and Improve Profitability Note: Non-GAAP measures are defined on page 2 and reconciled in the Appendix. 1. Year-over-year growth rate based on midpoint of guidance ranges. For FY26, measures include pro forma effect
Slide 6: GPGI Strategy for Compounding High ROIC Businesses
GPGI Strategy for Compounding High ROIC Businesses + Resolute Operating System = Compounding Core with Optionality for Disciplined M&A GPGI focuses on high incremental returns on capital via organic investments and disciplined M&A GPGI CompoSecure Husky Key Enablers Additional platforms add to GPGI’
Slide 7: CompoSecure 2Q26 Summary
CompoSecure 2Q26 Summary Delivering Record Adjusted Net Sales and Strong Operating Performance Note: Non-GAAP measures are defined on page 2 and reconciled in the Appendix. Record sales and continued operational efficiencies in the second quarter Record Adjusted Net Sales of $133.6 million up 11.7%
Slide 8: Commercial Momentum in Secularly Growing Market
Commercial Momentum in Secularly Growing Market Securing High-Profile Customer Wins as Addressable Market Expansion Continues Source: Public filings. 1. Excludes debit and prepaid cards – using 1Q26 given latest reported data from both Visa and Mastercard. Recent program wins expand CompoSecure’s ma
Slide 9: CompoSecure 2Q26 Financial Performance
CompoSecure 2Q26 Financial Performance Significant Progress Against All Key Metrics Catalyzed by ROS Record results driven by ROS-enabled gains ▪ Robust demand across diversified customer base, including new program wins ▪ Reinvigorated go-to-market with global sales process training and enhanced sa
Slide 10: Husky 2Q26 Summary
Husky 2Q26 Summary Performance in Line with Revised Expectations – Positioned to Deliver in Second Half Note: Non-GAAP measures are defined on page 2 and reconciled in the Appendix. Navigating transient headwinds – focused on disciplined execution, ROS implementation, and ongoing investment Adjusted
Slide 11: Husky Product Line Outlook
Husky Product Line Outlook Global Installed Base + Long Term Customer Relationships Support Recurring Aftermarket Model Underlying growth drivers across our markets remain intact GPGI CompoSecure Husky Demand Trend Key Drivers New Systems ~30-35% of revenue ▪ Customers engaging in long-term capacity
Slide 12: Product Leadership in Secularly Growing Market
Product Leadership in Secularly Growing Market Needle Moving Innovation Designed to Capitalize on Global PET Demand Growth GPGI CompoSecure Husky Consumption Underlies Global PET DemandHusky’s Products Deliver Differentiated Value Husky’s innovation engine delivers industry-leading efficiency to cap
Slide 13: Husky 2Q26 Financial Performance
▼ (9.2%) Husky 2Q26 Financial Performance Macro Headwinds Still Impacting Demand – 2Q Sequential Gains Expected to Continue Through 2H Adjusted Net Sales ($mn) ▪ Significant macroeconomic uncertainty impacting the business in 2Q26, as crude oil and resin prices peaked alongside the announcement of n
Slide 14: GPGI Key Takeaways
GPGI Key Takeaways ROS-Led Execution at Businesses – Platform Thesis Intact GPGI is on track to deliver in 2026 and accelerate into 2027 GPGI CompoSecure Husky 2Q Performance In- Line with Expectations ROS Implementation Accelerating Long-Term Platform Strategy On Track Progress across the platform
Slide 15: Appendix – Financial Supplement
Appendix – Financial Supplement
Slide 16: Capital Structure Update
Capital Structure Update Key Financial Metrics ($ in millions) As of June 30, 2026 Cash Balance $115 Total Debt Outstanding1 $2,115 Net Debt $2,000 LTM Net Debt / Pro Forma Adjusted EBITDA 3.9x Revolver Capacity2 $378 Total Liquidity $493 1. Total debt outstanding includes term loan, senior secured
Slide 17: Statement of Operations – 2Q26 GAAP to Non-GAAP
Statement of Operations – 2Q26 Unaudited GAAP to Non-GAAP Operating Results ($ in millions) Note: The Non-GAAP column represents a consolidation of the Company’s results with those of GPGI Holdings L.L.C. (“GPGI Holdings”), for consistency with prior consolidated presentation. 1. Includes amortizati
Slide 18: Statement of Operations – 2Q25 GAAP to Non-GAAP
Statement of Operations – 2Q25 Unaudited GAAP to Non-GAAP Operating Results ($ in millions) Note: The Non-GAAP columns represent a consolidation of the Company’s results with those of GPGI Holdings, for consistency with prior consolidated presentation, and the addition of Husky results as if the Hus
Slide 19: Statement of Cash Flows – YTD Unaudited
Statement of Cash Flows – YTD Unaudited (GAAP and Non-GAAP) Note: The Non-GAAP columns represent a consolidation of the Company’s results with those of GPGI Holdings, for consistency with prior consolidated presentation. Note: All instruments have been redeemed / exercised and no mark to market adju
Slide 20: Balance Sheet – as of June 30, 2026
Balance Sheet – as of June 30, 2026 Unaudited (GAAP and Non-GAAP) Finished 2Q26 with ~$115 million in cash after repaying $60 million of the revolver Note: The Non-GAAP columns represent a consolidation of the Company’s results with those of GPGI Holdings, for consistency with prior consolidated pre
Slide 21: 2Q26 Earnings Per Share and Adjusted Free Cash Flow Reconciliation
2Q26 Earnings Per Share and Adjusted Free Cash Flow Non-GAAP Reconciliation Basic Earnings Per Share Diluted Earnings Per Share ($ in millions, except per share amounts) 1. Includes the changes in fair value of warrant liability, make-whole provision of the previously outstanding exchangeable notes
Slide 22: Historical Pro Forma Non-GAAP Results
Historical Pro Forma Non-GAAP Results 1. Reflects pro forma Management Fees as if the Management Agreements were in effect since January 1, 2024. 2. Represents unallocable administrative expenses at the GPGI, Inc. and GPGI Holdings corporate entities. CompoSecure, Husky, and Corporate Segments ($ in
Slide 23: Historical Pro Forma Non-GAAP Reconciliations
Historical Pro Forma Non-GAAP Reconciliations CompoSecure, Husky, and Corporate Segments ($ in millions) 1 1 2 1. Reflects pro forma Management Fees as if the Management Agreements were in effect since January 1, 2025. 2. Represents unallocable administrative expenses at the GPGI, Inc. and GPGI Hold
Slide 24: Investor Relations Contact
Investor Relations Contact ir@gpgi.com