Slide 1: Investor Presentation Fiscal 2027 First Quarter Results
Fiscal 2027 Investor Presentation First Quarter Results July 30, 2026
Slide 2: Forward Looking Statement and Non-GAAP Financial Information
Forward Looking Statement This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 relating to, among other things, the business, financial condition and results of operations of CSW Industrials, Inc. (“CSW” or the “Company”). A
Slide 3: Index
Index 4 Overview and Investment Thesis Driving Sustainable Growth 18 Business Segment Overview 30 Fiscal 2027 First Quarter Results 36 Appendix
Slide 4: CSW Industrials, Inc. (NYSE: CSW) Key Highlights
CSW Industrials, Inc. (NYSE: CSW) Key Highlights 2015 Publicly Listed Following Spin-Off2 ~$4.7B A diversified industrial growth company with a strategic focus on providing niche, Market Capitalization3 value-added products in the end markets we serve. ~$1.7B Three Segments (Segment percentages refl
Slide 5: Continuously Evolving Our Portfolio
Continuously Evolving Our Portfolio CSW Industrials has consistently evolved through strategic acquisitions and initiatives, resulting in a proven track record of sustained growth and margin expansion. 2015 Portfolio Other 1% TTM 1Q27 portfolio1 Revenue by segment Revenue by segment Specialized Reli
Slide 6: Corporate Culture and Values
Corporate Culture and Values The Goal of Our Corporate Culture is to Maximize Performance CSW is committed to recruiting great talent, offering rewarding career destinations, and recognizing team members. Our employee-centric culture features an environment where every team member belongs, is encour
Slide 7: Corporate Culture and Values
Corporate Culture and Values Our Commitment to Our Core Values: We seek to create, nurture, and sustain an inclusive and diverse environment that attracts and retains the highest caliber team members, respects the intrinsic value of each individual, and leverages their skills and expertise to serve
Slide 8: Compelling Investment Thesis
Compelling Investment Thesis • Total revenue CAGR of 15.0% from FY16 through FY261 Growth exceeding end • Organic revenue CAGR of 8.3% from FY16 through FY261 markets served • Total adjusted EBITDA CAGR of 16.7% from FY16 through FY261 • 43.9% adjusted Gross Profit Margin annual average FY16 – FY261
Slide 9: Sustainable Growth in Shareholder Value
Sustainable Growth in Shareholder Value Our demonstrated track record of growth and enhancing long-term shareholder value. Since Inception Maintain Our Strong Balance Sheet • 908% market cap growth1 • 338% Revenue growth2 Allocate Capital Efficiently • 424% adjusted EBITDA growth3 Invest in Organic
Slide 10: Strong Long-Term Free Cash Flow and Adjusted EPS Growth
Strong Long-Term Free Cash Flow and Adjusted EPS Growth Free Cash Flow1/ Share and Adjusted EPS2 (FY21 - TTM 6/30/26) Legend FCF / Share FY21 - TTM CAGR: 17.2% ■ Free Cash Flow1/Share ■ Adjusted EPS2 Adjusted EPS FY21 - TTM CAGR: 23.7% $11.37 $10.38 $9.48 $9.70 $9.32 $8.72 $8.11 $7.92 $7.27 $6.92 $5
Slide 11: Stated Capital Allocation Principles
Stated Capital Allocation Principles CSW Industrials is committed to maintaining a strong balance sheet with ample liquidity through both cash and available credit to capitalize on growth opportunities, both organically and inorganically. CSW Industrials targets a sustained leverage ratio of 1x to 3
Slide 12: Allocating Capital Efficiently
Allocating Capital Efficiently TTM Capital Allocation1 Capital allocation decisions are prioritized on a risk-adjusted returns basis, ($ in millions) with the ultimate goal of driving long-term shareholder value. $882M Capital Expenditures $20.4M Organic Growth Inorganic Growth • Invest in enhancing
Slide 13: Strategic, Disciplined Approach to M&A
Strategic, Disciplined Approach to M&A As a diversified industrial growth company, our goal is to increase free cash flow through sustainable organic growth, accretive inorganic growth, and operational efficiencies. CSW Industrials Criteria: • Long-term growth well in excess of GDP • Strong margin c
Slide 14: Long Standing Track Record of Successful Acquisitions
Long Standing Track Record of Successful Acquisitions We have a successful record of making attractive and synergistic acquisitions that support expansion of our broad portfolio of solutions. Acquisition Metrics Key Highlights • Identify and execute accretive acquisitions that will broaden and compl
Slide 15: Our Distribution Channels Accelerate Growth
Our Distribution Channels Accelerate Growth We have focused Without CSW: Limited Distribution With CSW: Broad Distribution on expanding our distribution network in recent years, enhancing revenue growth from new product introductions and acquisitions. Newly designed products, while innovative & help
Slide 16: Our Guiding Objectives
Our Guiding Objectives At CSW, how we succeed matters, and accordingly we will: Position CSW for Treat Our Team Serve Our Manage Our Supply Sustainable, Long-Term Members Well Customers Well Chains Effectively Growth and Profitability • Focus on Safety: • Emphasize consistent • Continuous improvemen
Slide 17: Fiscal 2027 Outlook
Fiscal 2027 Outlook Revenue, Adjusted • Expect to deliver full-year growth in organic revenue, adjusted EBITDA, adjusted EPS, and cash flows EBITDA, Adjusted EPS, • Expectations reflect current view of market conditions and are subject to the forward-looking risks and and Cash Flows assumptions disc
Slide 18: Business Segment Overview
Business Segment Overview
Slide 19: Segments Summary
Segments Summary Contractor Solutions Specialized Reliability Solutions Engineered Building Solutions (ex-Greco)1 • $889.6M TTM Revenue, • $171.5M TTM Revenue, • $88.0M TTM Revenue, $278.1M adjusted EBITDA, and $33.2M adjusted EBITDA, and $21.1M EBITDA, and 31.3% adjusted EBITDA margin 19.4% adjuste
Slide 20: Contractor Solutions Segment: Markets & Brands
Contractor Solutions Segment: Markets & Brands Summary: End Markets Served: • Highly diversified product portfolio providing • Future growth focus on new product industry leading products in both direct-to- introductions through organic innovation and customer and distributor models inorganic additi
Slide 21: Contractor Solutions: Products
Contractor Solutions: Products Motors & Capacitors Air Handlers and Evaporator Coils Surge Protective Devices Plumbing Products Indoor Air Quality (IAQ) Products (Retail & Distribution Channels) Grilles, Registers, and Diffusers (GRD) Condensate overflow switches Pipe Thread Sealant and clean out de
Slide 22: HVAC/R: Ducted Products
HVAC/R: Ducted Products Outdoor TRUaire / Shoemaker Grilles, Registers & Diffusers Indoor Dust Free SST2 System Service Transition Dust Free Active Gold Air Purifier Aspen Manufacturing RSH-Series Disconnect Switch Coils & Air Handlers Outset Seal & Jacket Adjustable Lineset Wall Seal and Jacket AmR
Slide 23: HVAC/R: Ductless (Mini-Split) Products
HVAC/R: Ductless (Mini-Split) Products Outdoor Indoor CoverGuard / Fortress / SlimDuct Lineset Covers PairCoil Ghost Pre-Insulated, Safe-T-Switch SS610E Condensate Pumps Designed Paired Lineset Condensate Overflow for Mini-Split Systems for Mini-Split Installation Cutoff Switch NoKink Flexible Refri
Slide 24: Plumbing: Water Heating Products
Plumbing: Water Heating Products Tanked Tankless TripleGuard Active All-In-One Shutoff Falcon Water Connectors Calci-Free Tankless Cleaner Falcon Gas Connectors Falcon Falcon Gas Connectors Thermal Expansion Tank TripleGuard Active All-In-One Shutoff pH-Pro Condensate Neutralizer Drain Pans All-In-O
Slide 25: Specialized Reliability Solutions Segment: Markets & Brands
Specialized Reliability Solutions Segment: Markets & Brands Summary: End Markets Served: • Our product portfolio allows us to compete and • Innovating new and existing products to capture enhanced margins relative to larger accelerate organic growth peers • Growth focus on new product introductions
Slide 26: Specialized Reliability Solutions: Products
Specialized Reliability Solutions: Products Investor Presentation 26 July 2026
Slide 27: Specialized Reliability Solutions: Shell Whitmore JV Products
Specialized Reliability Solutions: Shell Whitmore JV Products Investor Presentation 27 July 2026
Slide 28: Engineered Building Solutions Segment: Markets & Brands
Engineered Building Solutions Segment: Markets & Brands Summary: End Markets Served: • Market leader in providing unique solutions to • Multiple manufacturing locations provide architects and contractors that meet code efficiency to meet the needs of general requirements, while adding functionality,
Slide 29: Engineered Building Solutions: Products
Engineered Building Solutions: Products Investor Presentation 29 July 2026
Slide 30: Fiscal 2027 First Quarter Summary of Financial Results
Fiscal 2027 First Quarter Summary of Financial Results
Slide 31: Consolidated Results: 1Q27 Summary
Consolidated Results: 1Q27 Summary Consolidated Financial Highlights (1Q27 vs 1Q26): Summary Quarterly Consolidated Results ($ in millions) • Record quarterly revenue of $350.6M, a 33% increase ◦ $73.0M increase in inorganic revenue from recent acquisitions in Contractor Solutions and Specialized Re
Slide 32: Contractor Solutions: 1Q27 Segment Summary
Contractor Solutions: 1Q27 Segment Summary Summary Quarterly Segment Results Segment Financials (1Q27 vs 1Q26): ($ in millions) • Segment Revenue of $276.0M, a 40% increase 36.3% $276.0 34.2% ◦ Inorganic revenue growth of $67.6M, due to recent acquisitions Margin Margin $196.7 33.0% ◦ Organic revenu
Slide 33: Specialized Reliability Solutions: 1Q27 Segment Summary
Specialized Reliability Solutions: 1Q27 Segment Summary Summary Quarterly Segment Results Segment Financials (1Q27 vs 1Q26): ($ in millions) • Segment Revenue of $48.2M, a 31% increase ◦ Inorganic revenue growth of 14.5% driven by recent acquisitions ◦ Organic revenue growth of 16.5% driven by solid
Slide 34: Engineered Building Solutions: 1Q27 Segment Summary
Engineered Building Solutions: 1Q27 Segment Summary Summary Quarterly Segment Financials (1Q27 vs 1Q26): Segment Results ($ in millions) • Segment Revenue of $28.9M, a 9% decrease ◦ Decrease primarily due to softness in the residential market served by the Greco business $30.9 $31.9 $28.9 • Segment
Slide 35: Engineered Building Solutions (ex-Greco): 1Q27 Segment Summary
Engineered Building Solutions (ex-Greco): 1Q27 Segment Summary Summary Quarterly Segment Financials (1Q27 vs 1Q26): Segment Results ($ in millions) • Segment Revenue of $23.4M, a 7% increase ◦ Increase primarily due to increased volumes from strengthening California market $20.8 $21.9 $23.4 26.2% •
Slide 36: Appendix
Appendix
Slide 37: CSW Executive Team
CSW Executive Team Veteran leadership with broad industry experience, dedicated to enhancing shareholder value. Joseph B. Armes James E. Perry Jeff A. Underwood Luke E. Alverson Danielle R. Garde Donal J. Sullivan Chairman, CEO Executive VP and CFO Executive VP and GM, Senior VP, General Senior VP a
Slide 38: Reconciliation of Fiscal First Quarter Segment Operating Income to Segment Adjusted EBITDA
Reconciliation of Fiscal First Quarter Segment Operating Income to Segment Adjusted EBITDA (unaudited) (unaudited) (unaudited) (Amounts in thousands) Three Months Ended June 30, 2026 Three Months Ended June 30, 2025 Three months ended June 30, 2024 CS SRS EBS Other CSW CS SRS EBS Other CSW CS SRS EB
Slide 39: Reconciliation of TTM Segment Operating Income to Segment Adjusted EBITDA
Reconciliation of TTM Segment Operating Income to Segment Adjusted EBITDA (unaudited) (Amounts in thousands) Trailing Twelve Months Ended June 30, 2026 Contractor Specialized Engineered Solutions Reliability Building Corporate Consolidated CS SRS EBS Other CSW Revenue, net $ 889,583 $ 171,499 $ 116,
Slide 40: Reconciliation of Fiscal Year Company Net Income to Adjusted EBITDA
Reconciliation of Fiscal Year Company Net Income to Adjusted EBITDA Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended (Amounts in thousands) 3/31/2026 3/31/2025 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020 3/31/2015 Net Income attributable to CSW $ 112,045
Slide 41: Reconciliation of Fiscal Year Company Gross Profit to Adjusted Gross Profit
Reconciliation of Fiscal Year Company Gross Profit to Adjusted Gross Profit TTM Ended Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended (Amounts in thousands) 6/30/2026 3/31/2026 3/31/2025 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020 3/31/2019 Revenue, net
Slide 42: Reconciliation of Fiscal Year Company Operating Cash Flow to Free Cash Flow/Share
Reconciliation of Fiscal Year Company Operating Cash Flow to Free Cash Flow/ Share TTM Ended Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended (Amounts in thousands) 6/30/2026 3/31/2026 3/31/2025 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020 Net Cash Provided by Operat
Slide 43: Reconciliation of Fiscal Year Company EPS to Adjusted EPS
Reconciliation of Fiscal Year Company EPS to Adjusted EPS1 TTM Ended Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended Year Ended (Amounts in thousands) 6/30/2026 3/31/2026 3/31/2025 3/31/2024 3/31/2023 3/31/2022 3/31/2021 3/31/2020 Net Income attributable to CSW $ 120,879 $ 112,045
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