Slide 1: Third Quarter 2025 Conference Call Presentation
1 Broadwind | Investor Presentation 2023 Third Quarter 2025 Conference Call Presentation November 13, 2025
Slide 2: Safe Harbor Statement
2 Broadwind | Investor Presentation 2023 SAFE HARBOR STATEMENT This document contains “forward looking statements” — that is, statements related to future, not past, events — as defined in Section 21 E of the Securities Exchange Act of 1934 , as amended, that reflect our current expectations regardi
Slide 3: Performance Summary
PERFORMANCE SUMMARY
Slide 4: 3Q25 Performance Update
4 Broadwind | Investor Presentation 2023 PERFORMANCE UPDATE 3Q25 Performance As of November 2025 Authorized new share repurchase program. The program allows for up to $3 million in common stock to be repurchased. Order growth driven by broad - based demand. Total o rders increased 90% y/y, driven by
Slide 5: Consolidated Financial Performance
5 Broadwind | Investor Presentation 2023 $35.5 $44.2 3Q24 3Q25 Strategic execution resulted in strong revenue growth, well - positioned to realize improved operating leverage CONSOLIDATED FINANCIAL PERFORMANCE Total Revenue ($MM) Gross Profit ($MM) Adjusted EBITDA ($MM) GAAP Net Income (Loss) ($MM)
Slide 6: Heavy Fabrications Segment
6 Broadwind | Investor Presentation 2023 Third Quarter 2025 HEAVY FABRICATIONS SEGMENT Revenue growth was driven by strong demand for wind related content Wind tower and repowering adapter sales drove revenue growth in the heavy fabrications segment up 43% y/y to $29.4 million On September 8, 2025,
Slide 7: Gearing Segment
7 Broadwind | Investor Presentation 2023 Third Quarter 2025 GEARING SEGMENT Gearing demand is broad - based, but led by power generation customers Segment book - to - bill of 2.2x is the highest reported in recent history Segment orders increased 261% y/y to $15.9 million driven by broad - based dem
Slide 8: Industrial Solutions Segment
8 Broadwind | Investor Presentation 2023 Third Quarter 2025 INDUSTRIAL SOLUTIONS SEGMENT Demand for natural gas turbine content continues to drive strong order and backlog growth Natural gas turbine content demand drove orders and backlog up 86% and 125% y/y, respectively Book - to - bill of 1.8x wa
Slide 9: Balance Sheet Update
9 Broadwind | Investor Presentation 2023 $19.0 $26.8 3Q24 3Q25 Continued focus on disciplined balance sheet management and a returns - driven approach toward capital deployment Net leverage of 0.8x in 3Q25 is within the long - term target range of at or below 2.0x Received $13.5 million upon the clo
Slide 10: Full-Year 2025 Financial Guidance
10 Broadwind | Investor Presentation 2023 Updating full - year 2025 guidance Increased full - year 2025 revenue guidance from a range of $145 to $155 million to a range of $155 to $160 million Maintained full - year Adjusted EBITDA guidance in a range of $9 to $10 million Full - year 2025 financial
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a Q Zz a) A a <
Slide 12: Corporate Overview
12 Broadwind | Investor Presentation 2023 CORPORATE OVERVIEW Leading pure - play precision manufacturer serving diverse end - markets with 100% domestic footprint Broadwind is a precision manufacturer of technologically advanced, high - value components and solutions for commercial and industrial cl
Slide 13: What we do
13 Broadwind | Investor Presentation 2023 What we do Precision manufacturing within wind sector and other diverse end - markets We provide large, complex and precision fabrications, and proprietary industrial processing equipment, to customers in a broad range of industrial markets. Key products inc
Slide 14: Appendix: Balance Sheet
14 Broadwind | Investor Presentation 2023 APPENDIX Balance Sheet
Slide 15: Appendix: Income Statement
15 Broadwind | Investor Presentation 2023 APPENDIX Income Statement
Slide 16: Statement of Cash Flows
16 Broadwind | Investor Presentation 2023 APPENDIX Statement of Cash Flows 2025 2024 Net income…...……………………………………………………………………………………………6,104$ 2,066$ Adjustments to reconcile net cash used in operating activities: Depreciation and amortization expense…………………………………………………………………….4,819 4,986 Deferred inc
Slide 17: GAAP to Non-GAAP Reconciliation
17 Broadwind | Investor Presentation 2023 APPENDIX GAAP to Non - GAAP Reconciliation Heavy Fabrications Segment 2025 2024 2025 2024 Net Income……………………...………………………................……….……. 9,940$ 2,301$ 13,156$ 6,588$ Interest Expense……………………………..……….....................………………. 579 499 933 853 Income T
Slide 18: Appendix: Segment-Level Data
18 Broadwind | Investor Presentation 2023 APPENDIX Segment - Level Data
Slide 19: IR Contact
19 Broadwind | Investor Presentation 2023 Please contact our investor relations team at BWEN@val - adv.com IR CONTACT