Slide 1: Investor Presentation
\ B] BRoADWIND.| 22" Investor Presentation ry 2023
Slide 2: Safe-Harbor Statement
SAFE-HARBOR STATEMENT econ “er ein tear send re, tp at ed Scion 216 f Scin Echigy A 98, ceded Sree or corn eagecaors rejwang cur uw rout es ocr foo conten ca ews petomane tenets pepe od eorieh {= Neweu toa We hve wed erty ened ote emery cong made euch mck “ngeeerdye OAE “ay? Bn ao Ht ‘Sipresaom tutt
Slide 3: Business Update
BUSINESS UPDATE
Slide 4: Broadwind Vision 2025
D BROADWIND VISION 2025 Leveraging our precision manufacturing expertise to support energy transition technologies We seektobeatier1 producer and supplier of customer-driven fabrications and solutions that support next-generation energy transition technologies We are positioning Broadwind to capital
Slide 5: Transformational New Tower Order
D TRANSFORMATIONAL NEW TOWER ORDER Announced $175 million in wind tower purchase orders during 2023 and 2024 Afteratwo-yearhiatus, $175 tower order announced in January 2023 supports at least 50% utilization Gomexisonthorain tower cross tower manufacturing system during the full-years 2023 and 2024
Slide 6: Passage of IRA Supports Multi-Year Investment in Wind
D PASSAGE OF IRA SUPPORTS MULTI-YEAR INVESTMENT IN WIND Inflation Reduction Act of 2022 supports multi-decade decarbonization of domestic energy grid IRA provides transformative, long-term funding forthe entire energy ecosystem, including windandsolar ‘The passage of the IRA extendstax credit availa
Slide 7: Inflation Reduction Act Impact Benefit
D INFLATION REDUCTION ACT IMPACT BENEFIT At full utiization, IRA could provide up to ~$30 million in incremental annual gross profit beginning in 2023 The IRA serves to materially Theoretical IRA Benefit to Broadwind enhance tower production economics beginning in 2023 anced manufacturing credit Ann
Slide 8: 3Q22 Performance Summary
3Q22 PERFORMANCE SUMMARY
Slide 9: Consolidated Financial Data
CONSOLIDATED FINANCIAL DATA Balanced demand acceleration across wind and non-wind end-markets Tota Revenue Gross Profit aad sun) 27 : : B Adjusted EBITDA, Net Income (Loss) sum sunny
Slide 10: Heavy Fabrications Segment
B HEAVY FABRICATIONS SEGMENT Tower demand accelerating following passage of Inflation Reduction Act ‘Segment EBITDA em = : = | ‘Segment Backlog at Quarter-End um
Slide 11: Gearing Segment
B GEARING SEGMENT Improved energy, industrial and mining demand for gearing components ‘Segment Revenue ‘Segment EBITDA eum em sia s102 32 : | a san Ey saz sazi ea oz ‘Segment Orders, ‘Segment Backlog at Quarter-End eum sm
Slide 12: Prudent Capital Management
Cash & Credit Facility Availabilty at Quarter-End eum 957 263 3a 2 pd PRUDENT CAPITAL MANAGEMENT ‘Sequential increase in liquidity; building inventory to support incoming tower demand Net Debt Outstanding» vm oo | — Total Inventory On-Hand sm sus sao : | | || 7 22 32
Slide 13: Appendix
APPENDIX
Slide 14: Exhibit A
EXHIBIT A 2 ‘Orders, Revenues and Operating Income (Loss) Consolidated and by Segment ‘Three Months Ended Nine Months Ende September 30, ‘September 30, onDERS: Hey Fabsatins s ess use som 5 aoe Gaxiee 1553 iss 3806 p38 Indes Soins, 6061 asi ren 1831 “Totaled. = uer Ses Sse Soe REVENUES: Hwy Fabrtins
Slide 15: Exhibit B
EXHIBIT B GAAP to Non-GAAP Consolidated Adjusted EBITDA Reconciliation Consldated “Taree Months Ended September 30, __Nine Months Ended September 30, Net (Los aca Tay Tiy wm aa Ietaest Expense aw 28 2s 16 Income Ta Provision « » % 10 Depresiion an Amerizaticn, ate 1594 ase aos ‘Stare basl Coup ein a
Slide 16: Exhibit B
EXHIBIT B Idee Solutions Segment Neos coe, oe tees pease name Tex Poison, Depreciation and Amortization. ‘Stre-based Compensation at Othe Stock Pay eats. Agus EBITDA (Sou GAAP). CCorporateand O1 Netbow tees pense Incime Tax Provision Beet), Depreciation ané Amortization. Starebased Compensation at O
Slide 17: Exhibit C
EXHIBIT C coginanprowornsers Consolidated Statement of Cash Flows ieesn erewaiemeat wel nope nttes Chagentar rt nics apap ‘woe tras Gecec uote i dnt 150 pi gb nepatone Cea eng Stent topes a. Cast Tows FRoM EnESTING ACINITES: ‘Pacha of rope pet sett em peppy tera Pvt fon tent Ps rece a Pcs mtn Pomme
Slide 18: Exhibit D
EXHIBIT D Consolidated Balance Sheet Pas : coc tarp neh
Slide 19: Independent Wind Energy Manufacturers
Bl INDEPENDENT WIND ENERGY MANUFACTURERS Broadwind is a Key Link in the Value Chain Epi cower. LMYNRe Bo BROADWIND. \Gjinersy @ moventas Sumitomo A Z Prysmian Y 7 min = kerite B BROADWIND ARCOSA
Slide 20: IR Contact
~ IR CONTACT "Please contact our invei relations team at Investor@BWEN.com S e