Airboss Of America Corporation · TSX:BOS
Airboss Of America — Investor Presentation (March 2025)
28 slides from Airboss Of America's investor presentation, March 2025
Slide 1: Investor Presentation March 2025
Investor Presentation March 2025 AirBoss of America Corp. 16441 Yonge Street, Tel: 905-751-1188 Newmarket, Ontario info@airboss.com Canada L3X 2G8 www.airboss.com
Slide 2: Forward-Looking Information And Disclaimers
Forward-Looking Information And Disclaimers FORWARD-LOOKING INFORMATION DISCLAIMERS Certain statements contained or incorporated by reference herein, including those that express management’s expectations or estimates of future This presentation has been prepared by AirBoss of America Corp. (“AirBos
Slide 3: Pioneers of Innovation & Technology
Pioneers of Innovation & Technology Over 30 Years of Growth Acquired Acquired Acquired AirBoss Defense Uniroyal Goodrich tire molded glove plant In Kitchener, Ontario Where we began: Acquired Completed purpose- Acquired Acquired Acquired Purchase of Acton developing a puncture- Controlled built rubb
Slide 4: One AirBoss, Multiple Customer Channels
One AirBoss, Multiple Customer Channels We develop, manufacture and market proprietary rubber-based products for the automotive, heavy commercial, construction and infrastructure, oil & gas, and defense industries SHARED CORE COMPETITIVE ADVANTAGES: INNOVATION EFFICIENCY SCALE 4 AIRBOSS OF AMERICA I
Slide 5: Synergies Drive Revenue Growth & Improved Margins
Synergies Drive Revenue Growth & Improved Margins Compounded Rubber Materials R&D SHARED SERVICES, BEST PRACTICES, EXPERTISE, LOGISTICS & BACK-OFFICE INTEGRATION: Supply Chain Management Engineering & Chemistry Sales & Marketing Strategy & Governance Finance Legal, HR & IT 5 AIRBOSS OF AMERICA INVES
Slide 6: Historical Performance
Historical Performance External Net Sales $M Adjusted EBITDA¹ $M Profit to Shareholders $M 45.3 12.6 477 426 387 26.8 (6.4) 21.9 (12.5) (20.4) (31.9) (41.7) 2022 INNOVATION 2023 2024 2022 EFFICIENCY2024 2023 SCALE 2022 2023 2024 2022 2023 2024 Adjusted Profit¹ Diversification benefits Revenues: Adju
Slide 7: Custom Rubber Compounding
AIRBOSS RUBBER SOLUTIONS Custom Rubber Compounding North America’s second largest custom compounder¹ Trusted supplier to significant, blue-chip customers in the major tire, off-the-road, industrial, defense and resource sectors Multi-decade, key customer relationships $226M $36M Net Sales Gros
Slide 8: Product-Focused Operations
A I R B O S S M A N U FA C T U R E D P R O D U C T S Product-Focused Operations Manufactures and distributes finished products to a variety of target markets including, automotive, non- automotive, and defense. $177M $18M Net Sales Gross Profit 8 AIRBOSS OF AMERICA INVESTOR PRESENTATION
Slide 9: Rubber Molded Products: Focused on Anti-Vibration
A I R B O S S M A N U FA C T U R E D P R O D U C T S Rubber Molded Products: Focused on Anti-Vibration Customized rubber-based anti-vibration and noise-reduction solutions for the automotive, electric vehicle, heavy truck, industrial and defense industries Multiple domestic and off-shore automak
Slide 10: Defense Products For Survivability
A I R B O S S M A N U FA C T U R E D P R O D U C T S Defense Products For Survivability Industrial and military-grade protection for chemical, biological, radioactivity and nuclear (“CBRN”) threats Personal protective equipment (“PPE”) for healthcare settings Blast monitoring and route clearan
Slide 11: Consistent Growth Through Multiple Economic Cycles
Consistent Growth Through Multiple Economic Cycles We have: $Millions AirBoss' Revenue History Consistent focus on innovation 700 2020-2022 and competitive advantages 650 PPE Spend due 600 to COVID-19 Diversified customer sectors 550 to mitigate risk of economic 500 450 and contractual cycles an
Slide 12: Strategic Value Of Our North American Manufacturing Capacity
Strategic Value Of Our North American Manufacturing Capacity Geographically positioned to win U.S. government Acton-Vale, PQ contracts Professionally managed supply chain with Newmarket, ON optimized shipping capabilities to domestic Kitchener, ON Auburn Hills, MI Rochester, NY customers Jessup,
Slide 13: Shareholder Dividends
Shareholder Dividends Quarterly Dividend History C$ $0.10 $0.08 $0.06 Current dividend of $0.04 C$0.035 $0.02 $0.00 13 AIRBOSS OF AMERICA INVESTOR PRESENTATION
Slide 14: Innovation & Execution In Our Business Segments
Innovation & Execution In Our Business Segments AIRBOSS OF AMERICA INVESTOR PRESENTATION
Slide 15: Growing The Rubber Business Over The Long Term
AIRBOSS RUBBER SOLUTIONS Growing The Rubber Business Over The Long Term Core Driver For Sustainable Growth And Productivity Focus on innovation in custom rubber compounding, while aiming to expand market share through organic and inorganic means Expansion Of Capabilities Expand our compounding capab
Slide 16: Transforming the Rubber Business
AIRBOSS RUBBER SOLUTIONS Transforming the Rubber Business 100% ownership in Ace Elastomer, a U.S.-based custom rubber compounder provides AirBoss with higher margins & increased R&D capabilities Access to higher margin colour and specialty compounding markets, including domestically produced enhan
Slide 17: Building Value With New Solutions For Our Partners
A I R B O S S M A N U FA C T U R E D P R O D U C T S Building Value With New Solutions For Our Partners Continued Focus On Efficiency & Innovation Meeting our customers’ unique demands Advancing products up the technical curve Generating higher margins Expanding Our Access Into Non-Automotive
Slide 18: Expanding Beyond Automotive
A I R B O S S M A N U FA C T U R E D P R O D U C T S Expanding Beyond Automotive Accelerated innovation, local sourcing & manufacturing wins AMP a strategic military contract with Navistar Defense AirBoss’ locally-sourced materials met necessary compliance requirements for Navistar’s contract with
Slide 19: Strengthening Our Broad Survivability Platform
A I R B O S S M A N U FA C T U R E D P R O D U C T S Strengthening Our Broad Survivability Platform Continued Focus On: Winning new government contracts Delivering on awarded contracts PPE consumables Growing Our Platform: Source, develop and acquire new defense and first responder products
Slide 20: Evolving Technology To Protect Our Soldiers
A I R B O S S M A N U FA C T U R E D P R O D U C T S Evolving Technology To Protect Our Soldiers Black Box Biometrics® -Transforming the battlefield with lightweight, wearable blast overpressure sensors Benefit from the potential of widespread deployment of the Blast Gauge System across the U.S. D
Slide 21: Driven and Dedicated Management Team
Driven and Dedicated Management Team Chris Figel P. Gren Schoch Chris Bitsakakis Frank Ientile EVP and General Chairman & Co-CEO President & Co-CEO CFO Counsel Founded and More than 30 years Over 30 years of Over 15 years of chaired Petromet in the rubber, progressive financial private pract
Slide 22: Board With Significant Diversified Industrial, Defense & Public Company Expertise
Board With Significant Diversified Industrial, Defense & Public Company Expertise P. Gren Schoch Stephen M. Ryan² Anita Antenucci David Camilleri¹ Robert McLeish¹²³ Jo-Anne O’Connor¹ Alan J. Watson¹²³ Chairman & Co-CEO Lead Independent Director Director Director Director Director Director Founded
Slide 23: Appendix
Appendix AIRBOSS OF AMERICA INVESTOR PRESENTATION
Slide 24: Q4 2024 Financial Highlights
Q4 2024 Financial Highlights Net Sales $M Adjusted EBITDA¹ $M Profit $M EPS $ (FD) (2.6) (0.10) 92.7 92.0 5.1 4.0 (36.0) (1.33) Q4 2023 Q4 2024 Q4 2023 Q4 2024 Q4 2023 Q4 2024 Q4 2023 Q4 2024 Net Sales Adjusted EBITDA Profit and Diluted Per Share Earnings • 1% decrease primarily due to lower • 27% i
Slide 25: Q4 2024 - AirBoss Rubber Solutions
Q4 2024 - AirBoss Rubber Solutions ARS - Net Sales $M ARS - Gross Profit $M Inter-Segment Net Sales 4.8 3.5 49.7 7.8 43.8 5.9 Q4 2023 Q4 2024 Q4 2023 Q4 2024 ARS’ Q4 2024 results reflect lower sales across most sectors: • ARS Net Sales decreased by 13% • Gross Profit decrease principally due to lowe
Slide 26: Q4 2024 - AirBoss Manufactured Products
Q4 2024 - AirBoss Manufactured Products AMP - Net Sales $M AMP - Gross Profit $M Inter-Segment Net Sales 0.0 1.0 9.4 48.2 43.0 (2.7) Q4 2023 Q4 2024 Q4 2023 Q4 2024 AMP’s Q4 2024 results reflect lower volumes from defense business: • AMP Net Sales increased by 9% due to higher volumes in the defense
Slide 27: Reconciliation Of Non-IFRS Measures
Reconciliation Of Non-IFRS Measures AirBoss' financial statements prepared in accordance with IFRS and uses Non-IFRS Financial Measures. Management believes that these measures provide useful information to investors in measuring the financial performance of the Company. These measures do not have a
Slide 28: Thank You
Thank You Share Information Ticker Symbol TSX : BOS OCTQX : ABSSF Shares Outstanding 27,130,556 Contact Information Investor Relations investor.relations@airboss.com Media media@airboss.com Website www.airboss.com 28
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