Crane Nxt, Co. · NYSE:CXT

Crane Nxt — Merger or Acquisition (March 2024)

9 slides from Crane Nxt's merger presentation, Mar 11, 2024

  1. Slide 1: Announcing Agreement to Acquire OpSec Security

    ANNOUNCING AGREEMENT TO ACQUIRE OPSEC SECURITY March 11, 2024

  2. Slide 2: Forward-Looking Statements – Disclaimer

    FORWARD-LOOKING STATEMENTS – DISCLAIMER This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical statements of fact and those regarding the Company's intent, belief, or expectati

  3. Slide 3: OpSec Security Overview

    OPSEC SECURITY OVERVIEW Leading provider of digital and physical authentication technologies and services Authentication Solutions Online Brand Protection ~$130M 2024 Sales* Services for authenticating Provides online monitoring of physical products that include counterfeit goods, protects clients t

  4. Slide 4: OpSec Adds Additional Capabilities and Resiliency to NXT

    OPSEC ADDS ADDITIONAL CAPABILITIES AND RESILIENCY TO NXT SOLUTION TYPE SALES TYPE END MARKETS Software Physical Gov’t and Digital Authentication Sports and Services Recurring 6% Media Financial 20% Services ~30% 20% 40% 37% ~65% ~5% 16% 40% All Other Industrial 21% Hybrid Reoccurring (Digital and Ph

  5. Slide 5: OpSec Acquisition Is On-Target to NXT Strategy

    OPSEC ACQUISITION IS ON-TARGET TO NXT STRATEGY  Increases leadership position in ~$3B authentication technologies market growing at MSD+  Provides differentiated digital and physical authentication technologies  Long-tenured relationships as a trusted partner to the world’s most valuable brands 

  6. Slide 6: Our M&A Framework

    OUR M&A FRAMEWORK Opsec Security Focused on technology solutions that secure, detect and Market authenticate what matters most • Niche technologies with high barriers to entry • Fragmented market with consolidation opportunities • Market growth of >MSD Leading position in their market niche Company

  7. Slide 7: Clear Line of Sight to Multiple Synergies

    CLEAR LINE OF SIGHT TO MULTIPLE SYNERGIES Commercial Synergies Operational Synergies Acceleration of Crane NXT’s Productivity improvements in micro-optics technology to supply chain and manufacturing OpSec’s customer base through deployment of CBS Targeting >20% Adj. EBITDA Margin by Year 5 7

  8. Slide 8: Transaction Overview and Timing

    TRANSACTION OVERVIEW AND TIMING • Purchase price of $270M, funded by cash on hand and revolver • EPS positive in first full year, 2025 • Updated 2024 guidance post-close • OpSec will operate as business unit within the Crane NXT portfolio • Existing OpSec management team will continue to lead the bu

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