Slide 1: Earnings Release Presentation Q1 2026
Earnings Release Presentation Q1 2026 TSX: MATR
Slide 2: Forward Looking Information
Forward Looking Information Q1 2026 This presentation contains forward-looking information within the meaning Additional information on the risks and uncertainties on the Company’s of applicable securities laws. Words such as "may", "will", "should", business can be found in the Company’s current An
Slide 3: Highlights – Q1 2026
Highlights – Q1 2026 REVENUE Growth $320M $312M $322M ► Sequential revenue growth driven primarily by strong demand for products supporting retail fuel, mining and utility applications ► New first-quarter sales record for Xerxes powers Composite Technologies year-over-year revenue growth ► Rising da
Slide 4: Financial Results – Q1 2026
Financial Results – Q1 2026 Total Continuing Connection Composite Operations Technologies Technologies Revenue Revenue Revenue $321.8M $187.0M $134.8M + 1% ~ 0% + 2% Adj. EBITDA Adj. EBITDA Adj. EBITDA $39.6M $24.4M $24.2M - 15% - 20% + 15% Adj. EBITDA Margin: Adj. EBITDA Margin: Adj. EBITDA Margin:
Slide 5: Cashflow and Net Debt – Q1 2026
Cashflow and Net Debt – Q1 2026 CAPEX $35-$45M Estimated FY 2026 vs Normal Course Range of $40-$50M Cash deployed to support operations and growth initiatives in Q1 2026 Q1 ‘26 EARNINGS RELEASE PRESENTATION 5
Slide 6: 2026 Market Assumptions – Rapidly Changing Macro-Environment Persists
2026 Market Assumptions – Rapidly Changing Macro-Environment Persists Markets listed in order of relative significance CONNECTION TECHNOLOGIES COMPOSITE TECHNOLOGIES Global Mining Activity North American Retail & Back-Up Fuel Storage Demand ▪ Activity stable in US and improving in Canada, with favor
Slide 7: Wire & Cable: North American Mining End Market Exposure
Wire & Cable: North American Mining End Market Exposure Maintenance & Repair vs Project Mix Current Subsector Maintenance Projects Listed in Order of Subsector & Repair Relative Significance Outlook Coal (Metallurgic) Copper Quarterly revenue from one mine site can range Potash Primary from <$1M to
Slide 8: 2026 Outlook and Priorities
2026 Outlook and Priorities 2026 vs 2025 Adjusted EBITDA Outlook 2026 Strategic and Operational Priorities Total Mattr Growth Execution Similar to prior year (excluding 2025 MEO costs) ▪ Capturing growth in Xerxes fuel ▪ Levering improved manufacturing and water markets footprint to deliver rising e
Slide 9: Positioned to Deliver Long-Term Value
Positioned to Deliver Long-Term Value ➢ Serving critical infrastructure markets through highly respected brands & differentiated technologies ➢ Operating from a modernized manufacturing footprint with rising productivity & efficiency ➢ Benefitting from long-term critical infrastructure fundamentals
Slide 10: Thank you.
@ = Thank you. Infrastructure Technologies