Slide 1: Q3 2025 Results
® Q3 2025 Results Protecting the World from the Ground Up October 30, 2025 ®
Slide 2: Today's Speakers
Today’s Speakers Aaron Schapper Sam Rutty Meghan Beringer President and Executive Vice President and Sr. Director, Chief Executive Officer Chief Financial Officer Investor Relations ® 2
Slide 3: Safe Harbor Statement & Non-GAAP Measures
Safe Harbor Statement & Non-GAAP Measures Statements in this presentation contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including information regarding the Company’s financial outlook, future plans,
Slide 4: CEO Opening Comments
CEO Opening Comments Aaron Schapper President and Chief Executive Officer ®
Slide 5: Q3 Summary
Q3 Summary $205.4M Net Sales Infrastructure and Industrial growth partially +0.2% offset by soft demand in Vehicle, Consumer, and Automotive Aftermarket $68.6M Gross Profit Higher profitability due to higher volume, +5.3% favorable mix, favorable cost productivity and lower material cost Adjusted $2
Slide 6: Continued Progress on 'Focused Transformation'
Continued Progress on ‘Focused Transformation’ Emphasizing lean principles to drive clear, efficient processes Establish a culture of execution and New Core Values: Integrity; Customer Focus; Deliver Results; Continuous Improvement accountability to drive performance Aligned incentive plans to drive
Slide 7: Financial Results
Need photo Financial Results for Dan Sam Rutty Executive Vice President and Chief Financial Officer ®
Slide 8: Q3 Financial Performance
Q3 Financial Performance (In $ millions except EPS) Q3 2025 Q3 2024 Change ▪ Net sales slightly higher as Material Handling growth Net Sales $205.4 $205.1 +0.2% mostly offset by lingering Adj. Gross Profit $69.7 $66.3 +5.0% Distribution softness Adj. Gross Margin 33.9% 32.4% +150 bps ▪ Gross profit
Slide 9: Q3 Segment Results
Q3 Segment Results Material Handling Distribution (In $ millions) Q3 2025 Q3 2024 Change (In $ millions) Q3 2025 Q3 2024 Change Net Sales $153.5 $150.7 +1.9% Net Sales $52.0 $54.4 -4.4% Adj. Op Income $28.0 $24.3 +15.4% Adj. Op Income $0.9 $2.4 -61.3% Adj. Op Income Margin 18.3% 16.1% +220 bps Adj.
Slide 10: Balance Sheet and Cash Flow
Balance Sheet and Cash Flow ▪ Generated free cash flow of $21.5M, more than doubled Y/Y in Q3; capex of $4.2M was down Y/Y ▪ Total debt reduced by $10M; net leverage lowered to 2.6x ▪ Cash balance of $48.0M at quarter-end; combined with $244.7M of availability under the revolver, provides ample liqu
Slide 11: Leveraging Cashflow Generation
Leveraging Cashflow Generation Capital Allocation Priorities ▪ Reduced debt by $10M as we continue to focus on debt repayment to return to a net leverage ratio goal of 1.5x to 2.5x ▪ Dividends to continue with existing practice ▪ Maintain strong balance sheet with ample liquidity via cash on hand an
Slide 12: Updating 2025 End Market Outlook
Updating 2025 End Market Outlook End Markets and Key Product 2025 Outlook (TTM Sales as of September 30, 2025) Continue to see risks and opportunities Industrial (30% of Sales) for the business for both revenue and Akro-Mils®, Buckhorn® & Jamco® containers, organizational Moderate growth margin bins
Slide 13: CEO Summary Comments
CEO Summary Comments Aaron Schapper President and Chief Executive Officer ®
Slide 14: Appendix
Appendix ®
Slide 15: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures MYERS INDUSTRIES, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES GROSS PROFIT, OPERATING INCOME AND EBITDA (UNAUDITED) (Dollars in thousands) Quarter Ended September 30, 2025 Material Corporate & Handling Distribution Segment Total Other Total Net sa
Slide 16: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures MYERS INDUSTRIES, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES GROSS PROFIT, OPERATING INCOME AND EBITDA (UNAUDITED) (Dollars in thousands) Quarter Ended September 30, 2024 Material Corporate & Handling Distribution Segment Total Other Total Net sa
Slide 17: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures MYERS INDUSTRIES, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES GROSS PROFIT, OPERATING INCOME AND EBITDA (UNAUDITED) (Dollars in thousands) Nine Months Ended September 30, 2025 Material Corporate & Handling Distribution Segment Total Other Total Ne
Slide 18: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures MYERS INDUSTRIES, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES GROSS PROFIT, OPERATING INCOME AND EBITDA (UNAUDITED) (Dollars in thousands) Nine Months Ended September 30, 2024 Material Corporate & Handling Distribution Segment Total Other Total Ne
Slide 19: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures MYERS INDUSTRIES, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES ADJUSTED OPERATING INCOME, ADJUSTED EBITDA AND FREE CASH FLOW (UNAUDITED) (Dollars in thousands) Quarter Ended September 30, Nine Months Ended September 30, 2025 2024 2025 2024 Adjusted
Slide 20: Reconciliation of Non-GAAP Financial Measures
Reconciliation of Non-GAAP Financial Measures MYERS INDUSTRIES, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES ADJUSTED NET INCOME AND ADJUSTED EARNINGS PER DILUTED SHARE (UNAUDITED) (Dollars in thousands, except per share data) Quarter Ended September 30, Nine Months Ended September 30, 2025 20
Slide 21: Working Capital
Reconciliation of Non-GAAP Financial Measures MYERS INDUSTRIES, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES WORKING CAPITAL (UNAUDITED) (Dollars in thousands) Q4 2023 Q1 2024 Q2 2024 Q3 2024 Q4 2024 Q1 2025 Q2 2025 Q3 2025 Net sales $ 191,077 $ 207,102 $ 220,236 $ 205,067 $ 203,876 $ 206,750
Slide 22: Meghan Beringer Senior Director Investor Relations
Meghan Beringer Senior Director Investor Relations Myers Industries, Inc. | 1293 S. Main Street, Akron, Ohio 44301 Tel: (252) 536-5641 | Email: mberinger@myersind.com www.myersind.com ®