Slide 1: Investor Presentation | May 2025
Investor Presentation | May 2025
Slide 2: Forward Looking Statements and Non-GAAP Measures
Forward Looking Statements and Non-GAAP Measures This presentation contains forward-looking statements, including, in particular, statements about Interface’s plans, strategies and prospects. These are based on the Company’s current assumptions, expectations and projections about future events. Alth
Slide 3: At Interface, we're Made for More
At Interface, we’re Made for More Who We Are Leading Established Dedicated Global Engaged provider of brand with a to performance manufacturing customer-centric commercial history of and improving capabilities and purpose- flooring: carpet innovation and a the built with a focus on driven culture ti
Slide 4: Interface is a global leader in commercial flooring
Interface is a global leader in commercial flooring $1.3 billion in net sales in FY2024 3,600 global employees 6 manufacturing locations on 4 continents ATL Recognized leader in First cradle-to-gate carbon Premium brands with headquartered in sustainability with over 50 negative commercial attractiv
Slide 5: Diversified Geographically and Customer Segments
Diversified Geographically and Customer Segments REVENUE BY REGION Increase in return to office mandates driving 61% refreshes, especially in Class A spaces Americas Our premium products are competitively Corporate advantaged in design, performance and 28% sustainability EMEA Regional migratio
Slide 6: Interface: a compelling investment
Interface: a compelling investment We are global leaders in… Images © Christopher Payne / Esto Design Performance Sustainability … with a strong financial foundation attractive margins strong liquidity healthy balance sheet … and unwavering commitment to our people commitment to activation of winnin
Slide 7: 'One Interface' Strategy
‘One Interface’ Strategy Build strong global functions to support our world-class local sales teams Accelerate growth through enhanced productivity of our commercial teams Expand margins through global supply chain management and complexity reduction Lead in design, performance, and sustaina
Slide 8: Interface Positioning
Interface Positioning
Slide 9: Attractive Product Portfolio
Attractive Product Portfolio Carpet Tile Luxury Vinyl Tile (LVT) Rubber Industry-leading cradle-to-gate Creative design freedom Offered in modular tiles, sheet, and carbon negative carpet tile specialized surface sheet Complements and enhances our Biomimicry-inspired design (i2) carpet til
Slide 10: Leading Global Provider of Commercial Flooring Solutions
Leading Global Provider of Commercial Flooring Solutions Total global commercial flooring market = $39 Billion Interface served market = $9+ Billion Global share leader in $5B Carpet Tile segment (now exceeds Broadloom segment globally) Leader in high growth $3B LVT segment Entered $1B Rubber
Slide 11: Brand Leader in the Specified Channel
Brand Leader in the Specified Channel Interface competes on design, sustainability and innovation, commanding a premium price point Global Carpet Tile Price Categories and industry leading margins. 120 Volume (square meters in millions) 100 Share leader in the specified and end user channels of 80 c
Slide 12: Global Sales and Manufacturing Platform
Global Sales and Manufacturing Platform Americas Europe Asia-Pacific 61% 28% 11% of Net Sales of Net Sales of Net Sales Physical presence in 18 countries Global account management Six manufacturing locations on four continents Global supply chain management Unique blend of efficiency and c
Slide 13: ESG Overview
ESG Overview
Slide 14: 2024 ESG Highlights
2024 ESG Highlights Environmental Social & Community Governance, Stewardship Impact Compliance & Ethics Reduce our environmental impact and Foster and develop a world-class Conduct business ethically and drive innovation as we progress experience for all employees and responsibly and drive value for
Slide 15: ESG at Interface
ESG at Interface We are focused on reducing our environmental footprint, making Interface a great place to work, and doing business ethically and responsibly to benefit all stakeholders – employees, customers, shareholders, and the environment. Learn more about our efforts in the ESG section of our
Slide 16: Financial Performance
Financial Performance
Slide 17: Financials at a Glance
Financials at a Glance ($ in millions, except EPS) Net Sales Currency Neutral Adjusted SG&A Adjusted Adjusted Q1 Net Sales Operating Income Earnings Per Share $297 $302 29.2% $25.5 $0.25 2025 +2.6% YoY +4.1% YoY % of Net Sales 8.6% of Net Sales Net Sales Net Debt / Adjusted Adjusted Adjusted Diluted
Slide 18: GAAP Financial Results
GAAP Financial Results ($ in millions, except EPS) First Quarter 2025 2024 Change Net Sales $297.4 $289.7 2.6% Gross Profit 111.0 110.4 0.5% % of Net Sales 37.3% 38.1% (80) bps SG&A Expense 87.7 86.0 2.1% % of Net Sales 29.5% 29.7% (17) bps Operating Income 23.2 24.4 (5.0%) % of Net Sales 7.8% 8.4%
Slide 19: Adjusted Financial Results
Adjusted Financial Results* ($ in millions, except EPS) First Quarer 2025 2024 Change Net Sales $297.4 $289.7 2.6% Adjusted Gross Profit 112.2 111.7 0.5% % of Net Sales 37.7% 38.6% (82) bps Adjusted SG&A Expense 86.8 86.2 0.7% % of Net Sales 29.2% 29.7% (57) bps Adjusted Operating Income 25.5 25.5 (
Slide 20: Leverage and Earnings Metrics
Leverage and Earnings Metrics* Net Debt Net Debt / FY Adjusted EBITDA $ in millions Adjusted EBITDA Adjusted Earnings Per Diluted Share $ in millions 20 * See Appendix for a reconciliation of Non-GAAP figures
Slide 21: Financial Policy
Financial Policy Capital allocation priorities are to invest in the business, manage our leverage ratio, and return capital to shareholders. Capital Deployment Philosophy Reinvest in the Manage leverage Explore M&A Return excess cash business Opportunities to Shareholders Invest in strategic initiat
Slide 22: Appendix
Appendix
Slide 23: Reconciliation of Non-GAAP Figures
Reconciliation of Non-GAAP Figures ($ in millions) Q1 2024 Q1 2025 Net Sales as Reported (GAAP) $289.7 $297.4 Impact of Changes in Currency - 4.3 Currency Neutral Sales $289.7 $301.7 Gross Profit as Reported (GAAP) $110.4 $111.0 Purchase Accounting Amortization 1.3 1.3 Adjusted Gross Profit $111.7 $
Slide 24: Reconciliation of Non-GAAP Figures
Reconciliation of Non-GAAP Figures LTM ($ in m illions) Q1 2024 Q1 2025 Q1 2025 Net Income as Reported (GAAP) $14.2 $13.0 $85.8 Purchase Accounting Amortization 0.9 0.9 3.6 Cyber Event Impact (0.3) - (3.9) Restructuring, Asset Impairment, Severance and Other, net 0.2 0.7 2.5 (1) Property Casualty Lo
Slide 25: Reconciliation of Non-GAAP Figures
Reconciliation of Non-GAAP Figures Fiscal Fiscal Fiscal Fiscal Fiscal Year Year Year Year Year LTM ($ in m illions) 2020 2021 2022 2023 2024 Q1 2024 Q1 2025 Q1 2025 Net (Loss) Income as Reported (GAAP) ($71.9) $55.2 $19.6 $44.5 $86.9 $14.2 $13.0 $85.8 Income Tax (Benefit) Expense (7.5) 17.4 22.4 19.