Slide 1: nVent Third Quarter 2025 Earnings Presentation
nVent Third Quarter 2025 Earnings Presentation October 31, 2025 1
Slide 2: Forward-Looking Statement and Key Definitions
Forward-Looking Statement and Key Definitions Caution Concerning Forward-Looking Statements This presentation contains statements that we believe to be “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of hi
Slide 3: Key Messages
Key Messages Delivered record quarterly sales of $1.1B, up 35%; record adjusted EPS up 44%; both exceeding guidance Record orders and backlog: organic orders up ~65% year-over-year and total backlog increased strong double digits sequentially Portfolio transformation and data centers accelerating gr
Slide 4: Q3 Summary
Q3 Summary Sales of $1.1 billion, up 35% and 16% organically Adjusted operating income of $213 million, up 27%; ROS of 20.2% Q3 2025 Adjusted EPS of $0.91, up 44% Free cash flow generation of $253 million, up 77% YoY Organic growth led by Infrastructure, including data centers and power ut
Slide 5: Q3 2025 nVent Performance
Q3 2025 nVent Performance Sales ($M) Financial Highlights (YoY) $139 $8 $1,054 Sales up 35%, organically up 16% $125 +35% - Acquisitions added 18 points to growth YoY $782 Adjusted operating income up 27% 16 pts 18 pts 1 pt - Price and productivity offset inflation, Q3 ’24 Organic Acq. FX Q3 ’25
Slide 6: Q3 2025 Segment Performance
Q3 2025 Segment Performance Sales Segment Income Commentary ($M) Systems Protection + Organic sales growth led by Infrastructure $716 $146 + Strong data centers and power utilities sales, orders and backlog growth Up 50% Up 40% Up 23% organic ROS 20.4% (-150 bps) + Strong organic sales growth in Ame
Slide 7: Balance Sheet and Cash Flow
Balance Sheet and Cash Flow Cash Flow ($M) Debt Summary ($M) $1,602 Maturity Q3 YTD $500 @ 2028 2025 2025 $1,300 81% Fixed $300 @ 2031 Net Income $ 119 $ 313 $500 @ 2033 Amortization 42 106 Subtotal $ 161 $ 419 $302 19% Variable 2030 Depreciation 17 45 Q3 ’25 Weighted Average Rate ~5% Capital Expend
Slide 8: Capital Allocation Update
Capital Allocation Update Reinvest in Return Cash Manage Leverage M&A the business to Shareholders Leverage slightly below Full-year capex of ~$110 Acquisitions a top priority Repurchased shares of target of 2.0X to 2.5X million in 2025 Target ROIC > WACC in $253 million YTD Maintain inv
Slide 9: 2025 nVent Outlook
2025 nVent Outlook nVent Expected Drivers Previous Guidance Updated Guidance Secular tailwinds in electrification, sustainability and digitalization Up 24% to 26% reported Up 27% to 28% reported Price and productivity offsetting inflation, including tariffs Sales Up 8% to 10% organic Up 10% to 1
Slide 10: Q4 2025 nVent Outlook
Q4 2025 nVent Outlook Q4 ’25 Q4 ’24 Other Items Reported sales Up 31% to 33% $752M Tax rate ~22% Organic sales Up 15% to 17% -1% Net interest expense ~$21M EPS (reported) $0.67 to $0.69 $(0.10) Shares ~164M EPS (adjusted) $0.87 to $0.89 $0.59 Expected Drivers Acquisitions to add ~15 points to sale
Slide 11: nVent Portfolio Transformation
nVent Portfolio Transformation 2019 2020 2021 2023 2024 2025 Electrical Products Group Renewables Commercial & Power Utilities, Industrial Data Solutions Infrastructure Power Utilities, Data Centers, Data Centers, Automation Renewables Renewables Thermal Management Data Solutions Industrial Divestit
Slide 12: Data Center Liquid Cooling
Data Center Liquid Cooling New Modular Liquid Cooling Portfolio A Leader in Liquid Cooling Realized record orders and backlog Expanding capacity with a new facility Recognized as Solution Advisor in NVIDIA Partner Network Announcing expanded portfolio of cooling solutions at Supercomputing 2
Slide 13: Summary
Summary Record Q3: strong double-digit growth in orders, backlog, sales, adjusted EPS and cash flow Portfolio transformation and data centers accelerating growth Expecting continued strong growth in Q4 Well-positioned with electrification, sustainability and digitalization trends Q3 ’25 Earnin
Slide 14: Appendix and GAAP to Non-GAAP Measurements & Reconciliations
Appendix and GAAP to Non-GAAP Measurements & Reconciliations 14 14
Slide 15: Reported to Adjusted 2025 Reconciliation
Reported to Adjusted 2025 Reconciliation nVent Electric plc Reconciliation of GAAP to non-GAAP financial measures for continuing operations for the year ending December 31, 2025 excluding the effect of adjustments (Unaudited) Actual Forecast (1) Second Fourth In millions, except per-share data First
Slide 16: Reported to Adjusted 2024 Reconciliation
Reported to Adjusted 2024 Reconciliation nVent Electric plc Reconciliation of GAAP to non-GAAP financial measures for continuing operations for the year ending December 31, 2024 excluding the effect of adjustments (Unaudited) In millions, except per-share data First Quarter Second Quarter Third Quar
Slide 17: Organic Sales Growth and Free Cash Flow Reconciliation
Organic Sales Growth and Free Cash Flow Reconciliation nVent Electric plc Reconciliation of Net Sales Growth (GAAP measure) to Organic Net Sales Growth (non-GAAP measure) by Segment for the quarter ended September 30, 2025 (Unaudited) Q3 Net Sales Growth Organic Currency Acq./Div. Total nVent 16.0%