Enpro Inc. · NYSE:NPO
Enpro — Oppenheimer 21st Annual Industrial Growth Conference (May 2026)
19 slides from Enpro's conference presentation, May 7, 2026
Slide 1: Investor Overview
Investor Overview Enpro at Oppenheimer 21st Annual Industrial Growth Conference May 7, 2026
Slide 2: Forward-Looking Statements; Non-GAAP Measures
Forward-Looking Statements; Non-GAAP Measures Statements in this presentation that express a belief, expectation, or intention, including increased 2026 guidance and other statements that are not historical fact, are forward-looking statements under the Private Securities Litigation Reform Act of 19
Slide 3: Phases of Value Creation at Enpro
Phases of Value Creation at Enpro 1.0 2.0 Resolution of Significant Portfolio Transformation & Accelerate Profitable Spin-Off Liabilities Optimization Growth 2019-2024 2025+ 2002-2018 • Innovative industrial • Premium industrial • Permanently resolved Organic 13 Divestitures technology focus technol
Slide 4: Enpro (NYSE: NPO) | Leading-Edge Portfolio of Businesses
Enpro (NYSE: NPO) | Leading-Edge Portfolio of Businesses Company Overview LTM Revenue Contribution as of March 31, 2026 Sales by Segment Sales by Channel Sales by Geography Sales by Market Headquarters Charlotte, NC Primary Manufacturing 15 Facilities Global Employees ~4,000 Financial Overview Marke
Slide 5: Sealing Technologies
Sealing Technologies Profile Select Products • Composed of Garlock, STEMCO, and Technetics divisions • Includes Garlock Hygienic Technologies and Compositional Analysis Products and Solutions • Enduring, applied engineering expertise using leading-edge technologies and processes • Strong aftermarket
Slide 6: Advanced Surface Technologies
Advanced Surface Technologies Profile Solutions • Utilizes proprietary technologies and processes with highly differentiated products and solutions • Vertical integration strategy solves challenging applications for semiconductor production and process reliability with leading-edge technologies • In
Slide 7: Disciplined, Value-Enhancing Growth Strategy
Disciplined, Value-Enhancing Growth Strategy Strong Balance Sheet Investing in Long-Term Organic Disciplined and Balanced Supports Optionality Growth & Strategic Acquisitions Capital Allocation ✓ Net leverage approximately 1.8x at ✓ Multiple sources of long-term the end of 1Q:26. organic growth, whi
Slide 8: Enpro Advances 3.0 Strategy with Two Acquisitions
Enpro Advances 3.0 Strategy with Two Acquisitions Headquartered in Easthampton, Massachusetts Headquartered in Houston, Texas • Manufacturer of single-use technologies Example Products • Provider of liquid analytical sensors and Example Products for biopharma manufacturing, specializing instrumentat
Slide 9: Balance Sheet, Cash Flow & Capital Allocation
Balance Sheet, Cash Flow & Capital Allocation $ in millions Net Leverage Commentary As of March 31, 2026 • Strong balance sheet; ample liquidity consisting of Revolver $ 160 $79.2M in cash and $630.6M2 available under revolver Senior Notes1 $ 450 • Free cash flow* for the three months ended March 31
Slide 10: 2026 Guidance Increase
2026 Guidance Increase 2026 Guidance Prior 2026 Guidance (as of May 5, 2026) (as of February 18, 2026) Revenue ~$111M-$113M 10% to 14% 8% to 12% Growth(1) Depreciation and Amortization(2) ~$50M Adjusted Capital Expenditures $315M – $330M $305M – $320M EBITDA*(1) ~$32M-$34M Net Interest Expense Adjus
Slide 11: Appendix
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Slide 12: Reconciliation of LTM Results
Reconciliation of LTM Results Enpro Inc. Adjusted Adjusted ($ in millions) Revenue EBITDA EBITDA Margin Three Months Ended March 31, 2026 $ 303.0 $ 76.4 25.2% Plus: Year Ended December 31, 2025 1,143.3 277.6 24.3% Less: Three Months Ended March 31, 2025 273.2 67.8 24.8% LTM Ended March 31, 2026 $ 1,
Slide 13: Consolidated Adjusted EBITDA (1/2)
Consolidated Adjusted EBITDA (1/2) For the Year Ended December 31, 2025 (In Millions) 2025 Net income $ 40.5 Adjustments to arrive at earnings before interest, income taxes, depreciation, amortization, and other selected items ("Adjusted EBITDA"): Interest expense, net 28.2 Income tax expense 17.1 D
Slide 14: Consolidated Adjusted EBITDA (2/2)
Consolidated Adjusted EBITDA (2/2) For the Three Months Ended March 31, 2026 and 2025 (In Millions) 2026 2025 Net income $ 27.4 $ 24.5 Adjustments to arrive at earnings before interest, income taxes, depreciation, amortization, and other selected items ("Adjusted EBITDA"): Interest expense, net 8.8
Slide 15: Segment Information (1/2)
Segment Information (1/2) For the Three Months Ended March 31, 2026 and 2025 (In Millions) Reconciliation of Income, Net of Tax to Adjusted Segment EBITDA Three Months Ended March 31, Sales 2026 2025 2026 2025 Net income $ 27.4 $ 24.5 Sealing Technologies $ 199.0 $ 179.6 Income tax expense (6.5) (7.
Slide 16: Segment Information (2/2)
Segment Information (2/2) For the Three Months Ended March 31, 2026 and 2025 (In Millions) 2025 2026 Advanced Advanced Sealing Surface Total Sealing Surface Total Technologies Technologies Segments Technologies Technologies Segments Acquisition expenses $ 1.0 $ — $ 1.0 Acquisition expenses $ 0.2 $ —
Slide 17: Consolidated Adjusted Net Income
Consolidated Adjusted Net Income (In Millions, Except Per Share Data) Three Months Ended March 31, 2026 2025 Average common Average common shares Per shared Per $ outstanding, diluted Share $ outstanding, diluted Share Net income $ 27.4 21.3 $ 1.29 $ 24.5 21.2 $ 1.15 Income tax expense 6.5 7.8 Incom
Slide 18: Free Cash Flow
Free Cash Flow (In Millions) Free Cash Flow - Three Months Ended March 31, 2026 Net cash provided by operating activities $ 39.6 Purchases of property, plant, and equipment (12.2) Payments for capitalized internal-use software (0.9) $ 26.5 Free Cash Flow - Three Months Ended March 31, 2025 Net cash
Slide 19: Thank you
Thank you 19
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