Slide 1: First Quarter 2026 Conference Call Presentation
First Quarter 2026 Conference Call Presentation May 12, 2026 Broadwind | Investor Presentation 2023 1
Slide 2: Safe Harbor Statement
SAFE HARBOR STATEMENT This document contains “forward looking statements”—that is, statements related to future, not past, events—as defined in Section 21E of the Securities Exchange Act of 1934, as amended, that reflect our current expectations regarding our future growth, results of operations, fi
Slide 3: Performance Summary
PERFORMANCE SUMMARY
Slide 4: Performance Update
PERFORMANCE UPDATE First Quarter 2026 Investment Thesis The divestiture of the Wind operations in Abilene, TX and Building a platform for profitable growth 1Q26 Performance Manitowoc, WI increases exposure to the power As of May 2026 generation and critical infrastructure end markets, optimizes asse
Slide 5: Consolidated Financial Performance
CONSOLIDATED FINANCIAL PERFORMANCE Exiting non-core wind market; focused on power generation and critical infrastructure Total Revenue Gross Profit Continued strength in core ($MM) ($MM) $36.8 $4.7 Industrial Solutions and Gearing $34.1 $4.3 segments Strong demand for natural gas turbine content in
Slide 6: Heavy Fabrications Segment
HEAVY FABRICATIONS SEGMENT First Quarter 2026 Segment Revenue Segment EBITDA We expect to exit the wind market ($MM) ($MM) in September 2026 $25.2 $3.4 $16.4 The Heavy Fabrications segment will lease the $1.7 Abilene Facility and related assets for a term that is expected to end on September 5, 2026
Slide 7: Gearing Segment
GEARING SEGMENT First Quarter 2026 Power generation demand driving Segment Revenue Segment EBITDA strong segment revenue growth, ($MM) $8.5 ($MM) improved margin realization $0.6 $6.0 Segment orders and backlog increased 66% and 107% y/y, respectively in 1Q26 ($0.2) Segment revenue increased 42% y/y
Slide 8: Industrial Solutions Segment
INDUSTRIAL SOLUTIONS SEGMENT EBITDA margin rate +1146 bps y/y to First Quarter 2026 15.5% Strong demand for natural gas Segment Revenue Segment EBITDA ($MM) ($MM) turbine content supporting record $9.2 $1.8 backlog exiting 1Q26 $5.6 Segment revenue increased 64% y/y in 1Q26 to $9.2 million $0.5 In 1
Slide 9: Balance Sheet Update
BALANCE SHEET UPDATE First Quarter 2026 Recent divestitures support Cash and LOC Availability at Quarter-End Net Debt Outstanding improved balance sheet ($MM) ($MM) $22.6 $16.7 optionality, sharpened focus on $14.1 deploying capital toward $16.4 accretive, bolt-on acquisitions Liquidity at quarter e
Slide 10: Appendix
APPENDIX
Slide 11: Corporate Overview
CORPORATE OVERVIEW Leading pure-play precision manufacturer serving diverse end-markets with 100% domestic footprint Broadwind We are one of the leading independent precision manufacturers is a precision in the United States manufacturer of Our most significant business serves the domestic power gen
Slide 12: Our Business
OUR BUSINESS Building a platform sustained, profitable growth and long-term value creation What we do Why we win Precision manufacturing within wind sector and other diverse end-markets Unique Value Proposition Heavy Fabrications We provide large, complex and precision fabrications, and proprietary
Slide 13: Appendix: Balance Sheet
APPENDIX Balance Sheet Broadwind | Investor Presentation 2023 13
Slide 14: Appendix: Income Statement
APPENDIX Income Statement Broadwind | Investor Presentation 2023 14
Slide 15: Appendix: Statement of Cash Flows
APPENDIX Statement of Cash Flows Broadwind | Investor Presentation 2023 15
Slide 16: Appendix: GAAP to Non-GAAP Reconciliation
APPENDIX GAAP to Non-GAAP Reconciliation Broadwind | Investor Presentation 2023 16
Slide 17: Appendix: Segment-Level Data
APPENDIX Segment-Level Data Broadwind | Investor Presentation 2023 17
Slide 18: IR Contact
IR CONTACT Please contact our investor relations team at BWEN@val-adv.com Broadwind | Investor Presentation 2023 18