Airboss Of America Corporation · TSX:BOS
Airboss Of America — Q2 2025 Earnings Presentation
30 slides from Airboss Of America's earnings presentation, Aug 8, 2025
Slide 1: Investor Presentation August 2025
Investor Presentation August 2025 TSX: BOS | OTCQX: ABSSF investor.relations@airboss.com
Slide 2: Forward-Looking Information & Disclaimers
Forward-Looking Information & Disclaimers FORWARD-LOOKING INFORMATION DISCLAIMERS Certain statements contained or incorporated by reference herein, including those that express management’s expectations or estimates of future This presentation has been prepared by AirBoss of America Corp. (“AirBoss”
Slide 3: Pioneers of Innovation & Technology
Pioneers of Innovation & Technology Over 30 Years of Growth We develop, manufacture and market proprietary rubber-based products for the automotive, heavy commercial, construction and infrastructure, oil & gas, and defense industries Acquired Acquired Acquired AirBoss Defense Uniroyal Goodrich tire
Slide 4: One AirBoss, Multiple Customer Channels
One AirBoss, Multiple Customer Channels Synergies Drive Revenue Growth AirBoss & Improved Margins Segments Compounded Rubber & Silicone Materials R&D AirBoss Divisions SHARED CORE COMPETITIVE ADVANTAGES: Innovation Efficiency Scale SHARED SERVICES, BEST PRACTICES, EXPERTISE, LOGISTICS & BACK-OFFICE
Slide 5: Custom Rubber Compounding
$226M $36M ‘24 Net Sales ‘24 Gross Profit AIRBOSS RUBBER SOLUTIONS Custom Rubber Compounding North America’s second largest custom compounder¹ Trusted producer and supplier of raw rubber compounds for blue-chip customers in the major tire, off-the-road, industrial, defense and resource sectors
Slide 6: Finished Products
$177M $18M ‘24 Net Sales ‘24 Gross Profit A I R B O S S M A N U FA C T U R E D P R O D U C T S Finished Products Manufacturing and distributing 500+ finished products in 60+ nations globally to governments, militaries, tier-1 automotive OEMs and non-auto industry leaders Concentration by Major Pro
Slide 7: Rubber Molded Products: Focused on Anti-Vibration
A I R B O S S M A N U FA C T U R E D P R O D U C T S Rubber Molded Products: Focused on Anti-Vibration Customized rubber-based anti-vibration and noise-reduction solutions for the automotive, electric vehicle, heavy truck, Bonded Stabilizer Bars industrial and defense industries Multiple domesti
Slide 8: Defense Products For Survivability
A I R B O S S M A N U FA C T U R E D P R O D U C T S Defense Products For Survivability Industrial and military-grade protection for chemical, biological, radioactivity and nuclear (“CBRN”) threats Personal protective equipment (“PPE”) for healthcare settings Blast monitoring and route clearan
Slide 9: Strategic Value Of Our North American Manufacturing Capacity
Strategic Value Of Our North American Manufacturing Capacity Germany Geographically positioned to win U.S. government contracts Acton-Vale, PQ Strategically positioned to ramp up US production of Newmarket, ON originally imported products globally Professionally managed supply chain with optim
Slide 10: Consistent Growth Through Multiple Economic Cycles
Consistent Growth Through Multiple Economic Cycles $Millions AirBoss' Revenue History Consistent focus on innovation and 700 competitive advantages 2020-2022 650 600 PPE Spend due to COVID-19 $587 Diversified customer sectors to mitigate 550 risk of economic and contractual cycles and 500 develo
Slide 11: Q2 2025 Financial Highlights
Q2 2025 Financial Highlights EPS $ (FD) Net Sales $M Adjusted EBITDA $M Profit $M 2.3 0.08 10.2 105.1 (3.3) (2.6) (0.4) (0.10) (0.02) 8.0 (0.12) 98.6 6.1 6.4 95.4 96.2 5.1 (9.6) 91.9 (0.35) Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q2 24 Q3 24 Q4 24 Q1
Slide 12: Q2 2025 - AirBoss Rubber Solutions
Q2 2025 - AirBoss Rubber Solutions ARS - Net Sales $M ARS - Gross Profit $M Inter-Segment Net Sales 4.1 5.5 3.8 10.3 4.0 54.9 3.5 50.7 51.5 8.5 46.9 8.3 43.8 6.6 5.9 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 ARS’ Q2 2025 results reflect lower sales across most sectors: ARS Net Sa
Slide 13: Q2 2025 - AirBoss Manufactured Products
Q2 2025 - AirBoss Manufactured Products AMP - Net Sales $M AMP - Gross Profit $M Inter-Segment Net Sales 0.0 3.2 0.0 0.0 53.6 51.7 10.0 9.6 0.2 48.2 9.4 45.5 7.8 40.5 (1.8) Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 Q2 24 Q3 24 Q4 24 Q1 25 Q2 25 AMP’s Q2 2025 results reflect improvements in the defense products
Slide 14: Innovation & Execution In Our Business
Innovation & Execution In Our Business Segments AIRBOSS OF AMERICA INVESTOR PRESENTATION TSX: BOS | OTCQX: ABSSF 14
Slide 15: Growing The Rubber Business Over The Long Term
AIRBOSS RUBBER SOLUTIONS Growing The Rubber Business Over The Long Term Core Driver For Sustainable Growth And Productivity Focus on innovation in custom rubber compounding, while aiming to expand market share through organic and inorganic means Expansion Of Capabilities Expand our compounding capab
Slide 16: Transforming the Rubber Business
AIRBOSS RUBBER SOLUTIONS Transforming the Rubber Business 100% ownership in Ace Elastomer, a U.S.-based custom rubber compounder provides AirBoss with higher margins and increased R&D capabilities Access to higher margin colour and specialty compounding markets, including domestically produced enh
Slide 17: Building Value With New Solutions For Our Partners
A I R B O S S M A N U FA C T U R E D P R O D U C T S Building Value With New Solutions For Our Partners Continued Focus On Efficiency & Innovation Meeting our customers’ unique demands Advancing products up the technical curve Generating higher margins Expanding Our Access Into Non-Automotive
Slide 18: Expanding Beyond Automotive
A I R B O S S M A N U FA C T U R E D P R O D U C T S Expanding Beyond Automotive Accelerated innovation, local sourcing & manufacturing wins AMP strategic contracts with Defense and Off-Highway OEM’s AirBoss’ locally-sourced materials met necessary compliance requirements for a Defense contract co
Slide 19: Evolving Technology To Protect Our Soldiers
A I R B O S S M A N U FA C T U R E D P R O D U C T S Evolving Technology To Protect Our Soldiers Black Box Biometrics® - Transforming the battlefield with lightweight, wearable blast overpressure sensors Benefit from the potential of widespread deployment of the Blast Gauge System across the U.S.
Slide 20: Strengthening Our Broad Survivability Platform
A I R B O S S M A N U FA C T U R E D P R O D U C T S Strengthening Our Broad Survivability Platform Continued Focus On: Winning new government contracts Delivering on awarded contracts PPE consumables Growing Our Platform: Source, develop and acquire new defense and first responder products
Slide 21: Team, Share Metrics, Highlights
• Team • Share Metrics • Highlights AIRBOSS OF AMERICA INVESTOR PRESENTATION TSX: BOS | OTCQX: ABSSF 21
Slide 22: Driven and Dedicated Management Team
Driven and Dedicated Management Team P. Gren Schoch Chris Bitsakakis Frank Ientile Chris Figel Chairman & Co-CEO President & Co-CEO CFO EVP & General Counsel Founded and chaired More than 30 years in Over 30 years of Over 15 years of private Petromet Resources in the rubber, automotive progr
Slide 23: Board With Significant Diversified Industrial, Defense & Public Company Expertise
Board With Significant Diversified Industrial, Defense & Public Company Expertise P. Gren Schoch Stephen M. Ryan² Anita Antenucci David Camilleri¹ Robert McLeish¹²³ Jo-Anne O’Connor¹ Alan J. Watson¹²³ Chairman & Co-CEO Lead Independent Director Director Director Director Director Director Founded
Slide 24: Share Metrics
Share Metrics TSX : BOS | OTCQX : ABSSF Market Cap @ $5.04 (CAD) $136.8 MM 52-Week Share Price Range ($3.34 - 5.60 CAD) Shares Outstanding 27.15 MM Cash from Operations (2Q25) (USD) $12.9 MM Current Dividend (CAD) $0.035 (Issued dividend since 2007) Share Ownership Management, Board, Insiders 34.9%
Slide 25: Investor Highlights
Investor Highlights North America’s 2nd largest custom rubber compounder “American Made” – Geographically positioned to win U.S. Government contracts Strategically positioned to ramp up U.S. production of originally imported products globally Manufacturing in the U.S. for domestic contracts
Slide 26: Thank You
Thank You AirBoss of America Corp. 16441 Yonge Street, Newmarket, Ontario Canada L3X 2G8 Contact Information Investor Relations investor.relations@airboss.com Media media@airboss.com Website www.airboss.com Phone 905-751-1188 26
Slide 27: Appendix
Appendix AIRBOSS OF AMERICA INVESTOR PRESENTATION TSX: BOS | OTCQX: ABSSF 27
Slide 28: Growth Strategy Summary
Growth Strategy Summary AIRBOSS RUBBER SOLUTIONS A I R B O S S M A N U FA C T U R E D P R O D U C T S AirBoss Defense Group & AirBoss Engineering Services • Advance custom rubber compounding innovation • Continued focus on advancing efficiency and innovation • Expand market share through organic and
Slide 29: Historical Performance
Historical Performance External Net Sales $M Adjusted EBITDA¹ $M Adjusted Profit1 $M 426 26.8 21.9 387 (6.4) INNOVATION EFFICIENCY (12.5) SCALE 2023 2024 2023 2024 2023 2024 Diversification benefits Revenues: Adjusted EBITDA: Reduced Profit due to write-down: Decreased sales at ARS and AMP’s rubber
Slide 30: Reconciliation Of Non-IFRS Measures
Reconciliation Of Non-IFRS Measures This presentation is based on financial statements prepared in accordance with IFRS and uses Non-IFRS Financial Measures. Management believes that these measures provide useful information to investors in measuring the financial performance of the Company. These m