Simpson Manufacturing Company, Inc. · NYSE:SSD
Simpson Manufacturing — Investor Presentation (November 2020)
18 slides from Simpson Manufacturing's investor presentation, Nov 16, 2020
Slide 1: Off-Season Stockholder Engagement
Off-Season Stockholder Engagement STRENGTH BUILT IN November | 2020
Slide 2: Safe Harbor
Safe Harbor This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 2 IE of the Securities Exchange Act of 1934, as amended. Forward-looking statements general
Slide 3: Investment Highlights
Investment Highlights Industry leader with unique business model, strong brand recognition and trusted reputation Diversified product offerings and geographies mitigates exposure to cyclical U.S. housing market Leadership position in wood products with significant opportunities in all addressable ma
Slide 4: Simpson Manufacturing Overview
Simpson Manufacturing Overview Simpson designs, engineers and manufactures structural connectors, anchors, fasteners, software solutions and other products for new construction, repair and remodel, and do-it-yourself markets Key Facts and Figures Unique Business Model … • Ticker: NYSE:SSD • Simpson
Slide 5: Response to COVID-19
Response to COVID-19 The health, safety and wellbeing of our employees is our top priority as we work to ensure a safe work environment, protect our employees and serve our customers Crisis Management Team Actions Taken Established a Crisis Management Team (CMT) to Solutions to support safe work pla
Slide 6: 3-Year Relative Price Performance
3-Year Relative Price Performance Recent stock price performance reflects clarity surrounding business strategy and durability, growth prospects and operational efficiencies SSD: +63% S&P 500: +36% DJUSBM: +35% Proxy Peers: +33% Nov-2017 Mar-2018 Jul-2018 Nov-2018 Mar-2019 Jul-2019 Nov-2019 Mar-2020
Slide 7: Strong Business Drives Stockholder Value
Strong Business Drives Stockholder Value We are pleased with our continued strong performance as evident by our ability to continue to grow both earnings and dividends (1) 2020 YTD Sales by Product… EPS ($ USD Millions) $3.59 $2.98 Concrete $2.72 Construction $1.54 Q3 $139 $1.94 $1.86 $1.29 $1.38 $1
Slide 8: Disciplined Capital Allocation Strategy
Disciplined Capital Allocation Strategy Simpson has maintained a strong balance sheet and ample liquidity to maintain day-to-day operations Since 2017(1) Simpson has returned 74% of cash flow from operations to stockholders through dividends and repurchases of its common stock We are focused on effe
Slide 9: Successful Execution of 2020 Plan
Successful Execution of 2020 Plan(1) We've made significant progress on our 2020 Plan through the implementation of strategic changes to our business to ensure the long-term sustainability and profitability of our operations KEY OBJECTIVES FY 2016 Actual 2020 PLAN As of Q3 2020(2) Net Sales CAGR e
Slide 10: Diverse and Highly Qualified Board
Diverse and Highly Qualified Board Our Board is committed to being effective stewards of stockholder capital and possesses the diversity of skills and experiences to oversee the business James Andrasick Jennifer Chatman Karen Colonias Chairman Former CEO Paul J. Cortese Professor of Mgmt. President
Slide 11: The Board's Role and Responsibilities
The Board’s Role and Responsibilities Our Board of Directors oversees, monitors and directs management in the long-term interest of Simpson and our stockholders THE BOARD’S KEY RESPONSIBILITIES INCLUDE: Choosing and Overseeing monitoring Interviewing and management’s Establishing performance of the
Slide 12: Board Oversight of Risk Management
Board Oversight of Risk Management Our Board is actively involved in overseeing the Company’s risk management, regularly reviewing information regarding operational, financial, legal and strategic risks to make decisions in the best interests of the Company and its stockholders Board of Directors Co
Slide 13: Board Responsiveness to Stockholder Feedback
Board Responsiveness to Stockholder Feedback The Board and management conduct ongoing broad outreach to our stockholders to seek feedback on our executive compensation program, governance practices, board structure and ESG reporting Over the past few years, in response to stockholder feedback, the B
Slide 14: Robust Corporate Responsibility Program
Robust Corporate Responsibility Program At Simpson, we are committed to operating in a safe and environmentally responsible manner to protect our employees, customers and communities, while benefiting society, the economy and the environment Manufacturing Processes Sustainable Building Practices We
Slide 15: Commitment to Diversity & Inclusion
Commitment to Diversity & Inclusion Our Board is focused on fostering a supportive corporate culture that promotes leadership opportunities and diversity Key Updates to SSD’s Diversity & Inclusion Initiatives • Diversity & inclusion is of the highest priority to our organization. We pride ourselves
Slide 16: Executive Compensation Program
Executive Compensation Program At our 2020 Annual Meeting of stockholders, Simpson received strong support for its executive compensation program, with approximately 99% of votes cast approving. The Board was pleased with the strong support and therefore the Compensation Committee decided to maintai
Slide 17: Return on Invested Capital ("ROIC") Definition
Return on Invested Capital (“ROIC”) Definition When referred to in this presentation, the Company’s return on invested capital (“ROIC”) for a fiscal period is calculated based on (i) the net income of the last four quarters as presented in the Company’s condensed consolidated statements of operation
Slide 18: Simpson's People Make the Difference
SIMPSON’S PEOPLE MAKE THE DIFFERENCE simpsonmfg.com/financials 18
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