Minerals Technologies Inc. · NYSE:MTX

Minerals Technologies — Q1 2026 Earnings Presentation

16 slides from Minerals Technologies's earnings presentation, May 1, 2026

1. Slide 1: First Quarter 2026 Earnings Conference Call

   FIRST QUARTER 2026 EARNINGS CONFERENCE CALL May 1, 2026 © 2026 Minerals Technologies Inc. All Rights Reserved.

2. 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

3. Slide 3: Douglas T. Dietrich, Chairman and Chief Executive Officer

   Douglas T. Dietrich Chairman and Chief Executive Officer

4. Slide 4: First Quarter 2026 Overview

   First Quarter 2026 Overview  Strong sales performance in both segments: - +11% YoY in Consumer & Specialties, including +16% YoY in Household & Personal Care $547M $68M Sales Operating Income - +12% YoY in Engineered Solutions, including +24% YoY in Environmental & Infrastructure +11% +7%  Ramping

5. Slide 5: Update on 2026 Outlook

   Update on 2026 Outlook Impact from Middle East events Market outlook and growth initiatives  Cat litter expansions on track and ramping up  Strong pull for our natural oil purification products, expansion Consumer &  Small presence in the region Specialties on track  No lost sales or business in

6. Slide 6: Erik C. Aldag, Chief Financial Officer

   Erik C. Aldag Senior Vice President, Finance and Treasury and Chief Financial Officer

7. Slide 7: First Quarter 2026 Financial Summary

   First Quarter 2026 Financial Summary First Quarter 2026 versus Prior Quarter ($M) First Quarter 2026 versus Prior Year ($M) Sales Sales +5% +11% + 12 +5 0 547 + 14 + 13 547 + 10 + 19 +9 520 492 Q4 ’25 H&PC Spec Adds HTT Env & Inf Q1 ’26 Q1 ’25 H&PC Spec Adds HTT Env & Inf Q1 ’26 Consumer Engineered

8. Slide 8: Consumer & Specialties Segment Financial Performance

   CONSUMER & SPECIALTIES SEGMENT Financial Performance Sales First Quarter Summary +11% Sales Performance $297M $268M $274M  Continued strong momentum in Household & Personal Care; up 16% YoY - Cat litter sales up 19% - Edible oil and renewable fuel purification sales up 14% - Animal health sales up

9. Slide 9: Engineered Solutions Segment Financial Performance

   ENGINEERED SOLUTIONS SEGMENT Financial Performance Sales First Quarter Summary +12% Sales Performance $245M $250M $224M  High-Temperature Technologies sales up 8% YoY - Continued strong demand in N. America steel - Asia foundry growth offset by N. America market softness  Environmental & Infrastru

10. Slide 10: Balance Sheet and Capital Deployment

    Balance Sheet and Capital Deployment Liquidity Cash Flow and Capital Deployment Q1 ‘26 Cash, Cash Equivalents, and Short- $321M Term Investments Q1 ’26 YoY Available Revolver $385M Total Liquidity $706M Cash Flow from Operations $32M +$37M Capital Expenditures $23M +$5M Debt and Leverage Net Debt Fr

11. Slide 11: Second Quarter Outlook

    Second Quarter Outlook ~$560M  Consumer & Specialties sales +4-5% YoY Sales - Continued growth in cat litter and natural oil purification – expansion ramping up ~$80M - Residential construction remains relatively soft  Engineered Solutions sales +7-8% YoY Operating Income - Continued growth in N.

12. Slide 12: © 2026 Minerals Technologies Inc. All Rights Reserved.

    © 2026 Minerals Technologies Inc. All Rights Reserved.

13. Slide 13: Appendix

    Appendix © 2026 Minerals Technologies Inc. All Rights Reserved.

14. Slide 14: Net Income and Diluted EPS Excluding Special Items

    Reconciliation Net Income and Diluted EPS Excluding Special Items The information set forth in the Analyst Presentation presents financial measures of the Company that exclude certain special items, and are therefore not in accordance with GAAP. The following is a presentation of the Company’s non-G

15. Slide 15: Segment Operating Income Excluding Special Items

    Reconciliation Segment Operating Income Excluding Special Items (millions of dollars) Quarter Ended Apr. 5, Mar. 30, 2026 2025 Segment Operating Income (Loss) Consumer & Specialties Segment $ 32.5 $ 27.5 Engineered Solutions Segment 39.3 33.6 Unallocated and Other Corporate Expenses (13.1) (221.2) M

16. Slide 16: Free Cash Flow

    Reconciliation Free Cash Flow (millions of dollars) Quarter Ended Apr. 5, Mar. 30, 2026 2025 Cash flow from operations $ 32.1 $ (4.4) Capital expenditures 23.1 18.3 Free cash flow $ 9.0 $ (22.7) 16

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