Slide 1: A Global Leader in Data Visualization Technologies
A Global Leader in Data Visualization Technologies June 13, 2025 DRIVING GROWTH & PROFITABILITY Exhibit 99.1
Slide 2: Cautionary Statement
Cautionary Statement Information included in this presentation may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are not statements of historical fact but rather reflect our current expectations concerning fu
Slide 3: A Global Leader in Data Visualization Technologies
A Global Leader in Data Visualization Technologies Develops, manufactures, and supports a broad array of specialty printers and data acquisition systems that acquire, store, analyze, and transform data in multiple formats in two segments: Flight deck printers for commercial and military aircraft Air
Slide 4: AstroNova has the Right Board to Deliver Long-Term Shareholder Value
AstroNova has the Right Board to Deliver Long-Term Shareholder Value AstroNova’s Board Proven history of driving growth Highly relevant operational & executive expertise International, governance, legal, sales, and corporate strategy knowledge Public company leadership experience Majority independen
Slide 5: Table of Contents
Table of Contents Askeladden’s Campaign Disrupts Progress AstroNova’s Strategy and Proven Results The Right Board, The Right Strategy, The Right Execution Executing strategy to drive growth and improved profitability Built strong foundation for the future with a track record of growth Decisive actio
Slide 6: Strategic Drivers
Strategic Drivers Decouple from royalty obligations Simplifies product portfolio More control of aftermarket supplies sales Leverages commercial aircraft growing build rates On track to hit over 80% ToughWriter unit shipments by end of FY2026 AEROSPACE: ToughWriter® transition 3 out of 9 planned new
Slide 7: Solid Foundation Built Capturing Critical Technologies
Solid Foundation Built Capturing Critical Technologies RITEC Aerospace printer product line TrojanLabel ApS A European manufacturer of specialty printing systems Honeywell narrow-format cockpit data printer Exclusive rights to manufacture, market, and service Astro Machine Leader in printing technol
Slide 8: Solid Growth Over Years
Solid Growth Over 11 Years Projecting another record year in FY26 with improved earnings profile Revenue Adjusted EBITDA Margin* Margins challenged: Recovered from COVID Weathered 737MAX stoppage Resolved poor ink supply issue Forward earnings profile: $3 million in cost reductions ToughWriter trans
Slide 9: Decisive Execution to Drive Change
Leveraged foundational MTEX technology with new innovations built for commercial scale Autonomous ink Unique print engine technology that enables remote printer management and monitoring of ink usage Added larger print format to product portfolio Expanded addressable markets Decisive Execution to Dr
Slide 10: Decisive actions timeline since April 2024
APR 2024 Identified a need for new talent for Product ID and to simplify structure at the Enterprise level MAY 6, 2024 Closed MTEX acquisition MAY 28 - JUNE 7, 2024 Presented as combined entity under AstroNova brand at industry’s largest trade show DRUPA MAY/JUNE 2024 Initiated integration processes
Slide 11: Improving Cash Generation Through Continued Efficiency Actions
Improving Cash Generation Through Continued Efficiency Actions 1 Inventory reduction program in place: Multi-sourcing components Expanding just-in-time supplier base Implementing vendor owned and managed inventory and also consignment inventory Reducing SKUs and simplifying supply chain drives incre
Slide 12: Transitioning to ToughWriter and new print engine technology
Leveraging leadership position by transitioning first-generation flight deck printers to ToughWriter solutions Moving past minimum royalty obligations with Honeywell, removing $1 million in annualized costs*, which will improve operating profit Transition to ToughWriter replaces legacy printers with
Slide 13: First Quarter FY2026 Highlights
Strategy Execution Delivers Results Delivered 14.4% revenue growth driven by double digit growth in both segments 16.8% growth in Aerospace 13.4% growth in Product Identification PRODUCT ID: Launched innovative, next-generation printing solutions 3 Product ID products launched and 6 more in developm
Slide 14: Product Identification
(i AstroNova’ Product Identification hg a
Slide 15: Product Identification Market Opportunity
Product Identification Market Opportunity $ in millions At the Forefront of the Analog to Digital Print Evolution * Company estimates, “The Future of Digital Printing to 2035”, Dr. Dean Sean Smyth and other industry sources $1.3B Hardware TAM* PLUS ink and media Mail & Sheet Printing | $561M TAM* Mo
Slide 16: Reimagined Go-to-Market Strategy
Changed Leadership Driving Organizational Energy & Focus Reimagined Go-to-Market Strategy Jorik Ittmann Senior Vice President of Product Identification Padraig Finn Director of Sales EMEA Centered on the customer Streamlined for simplicity Key metrics and accountability Strong relationships in new m
Slide 17: Accelerated Next-gen Product Portfolio Launch Dates
Accelerated Next-gen Product Portfolio Launch Dates by Several Months QL-425/425P AJ-800/800P AJ-1300/1300P AJ-1200R/1200RP QL-435/435P Expanding addressable market, creating more opportunities for growth Innovation and Speed-to-Market to Drive Growth Innovative New Products Improved printhead quali
Slide 18: Next-Gen Print Engine
MTEX original design was complex with lower quality performance Upgraded Design: Print engine upgrade, control board, pressure modules and pump improvements for ink delivery system Robust material handling system for precise positioning Replaceable cleaning module Advanced engineering improves the u
Slide 19: Aerospace
i AstroNova’ Aerospace hg a
Slide 20: Leading Market Position in Aerospace
Leading Market Position in Aerospace 30,000+ Printer installed-base 49% Recurring Aerospace revenue* Leading position grows with aircraft build rates Deeply embedded relationships Approved Tier One supplier to Airbus and Boeing Large installed base Strong Competitive Moat Certified by major OEMs Lon
Slide 21: Aerospace Growth Catalysts
Aerospace Growth Catalysts Strong Commercial Aerospace Macro Backdrop Growing Commercial Aerospace Industry with Expanding Markets and More Passenger Miles OEM Build rates increasing at a pace of 5% to 6% annually Over 7 years of aircraft backlog: B737 and A320 Aircraft Families Estimated Annual Pro
Slide 22: Honeywell Royalty Obligation Rolls Off in FY 2028
Honeywell Royalty Obligation Rolls Off in FY 2028 $ in millions ToughWriter Value Proposition Why Customers Want ToughWriter Fuel savings and aircraft efficiency Enhanced safety Faster decision-making How AstroNova Benefits Replaces first generation printers, simplifies product portfolio and reduces
Slide 23: Askeladden's Proxy Contest Disrupts Progress
Askeladden’s Proxy Contest Disrupts Progress
Slide 24: Costly Campaign Disrupts Current Progress
Costly Campaign Disrupts Current Progress Continuity needed to execute on operations, sales & marketing, new product launches Askeladden founder Samir Patel’s campaign stands to disrupt critical inflection point A disruption to working relationships with key commercial and defense customers puts Tou
Slide 25: Samir's Plan Calls for Board Overreach into Daily Operations
Samir’s Plan Calls for Board Overreach into Daily Operations Proposes extremely disruptive actions demonstrating lack of experience with Board governance with an appalling level of Board overreach Relationship Overreach in His Plan “Directors will meet with AstroNova’s lender” “Directors will meet w
Slide 26: Samir Stands to Disrupt Existing Customer Relationships
Samir Stands to Disrupt Existing Customer Relationships What relationships do Samir and his nominees have? Relationships require deep technical expertise, trust, and consistent engagement, factors that take years to develop ? CEO Greg Woods has built trusted relationships Tier 1 suppliers Over 100 a
Slide 27: Samir's Slate is Unqualified to Guide and Operate ALOT
Samir’s Slate is Unqualified to Guide and Operate ALOT Lack Understanding of Business Complexity, Yet Wants to Run Operations Samir wants to insert his Board nominees into daily operations; YET they: Lack experience in manufacturing Have not demonstrated executive leadership No relations with Aerosp
Slide 28: Strategic Alternative Plan Based on Inaccurate Assessment
Strategic Alternative Plan Based on Inaccurate Assessment Diversified data visualization technology business Pure-play servo valve business Sells complete certified avionics systems Long-term contracts with minimal term flexibility Sells sub-components used in a variety of third-party products VS. S
Slide 29: The Right Board, The Right Strategy, The Right Execution
The Right Board, The Right Strategy, The Right Execution
Slide 30: AstroNova Board Nominees: Woods, Michas, Warzala
Gregory Woods President and Chief Executive Officer Alexis Michas Director Richard Warzala Lead Independent Director 30+ years of leadership in industrial manufacturing and motion control systems Chairman, President & CEO of Allient Inc. (Nasdaq: ALNT) Director of AstroNova since 2017 Former Preside
Slide 31: AstroNova Board Nominees: Schlaeppi, Quain, Nevin
Yvonne Schlaeppi Director Mitchell Quain Darius Nevin Director Director Former CFO of Protection One, leading a major financial turnaround and successful company sale Director of AstroNova since 2025 Board member of Alarm.com (Nasdaq: ALRM) since 2016, a global leader in IoT security and automation
Slide 32: AstroNova Board Demonstrates Best-in-Class Corporate Governance
AstroNova Board Demonstrates Best-in-Class Corporate Governance Majority Independent Yearly Elections Fresh board with Darius Nevin appointment Diverse mix of fresh perspectives and institutional knowledge
Slide 33: Strong Governance Structure
Strong Governance Structure Annual election of directors Stock ownership and retention guidelines Open door policy for investors 5 out of 6 independent Company director nominees Annual Board and committee evaluations Range of Company director nominee tenures One-share, one-vote standard Separate CEO
Slide 34: AstroNova has the Right Board to Deliver Long-Term Shareholder Value
AstroNova has the Right Board to Deliver Long-Term Shareholder Value AstroNova’s Board Proven history of driving growth Highly relevant operational & executive expertise International, governance, legal, sales, and corporate strategy knowledge Public company leadership experience Majority independen
Slide 35: Simplified Leadership Structure to Drive Accountability
Simplified Leadership Structure to Drive Accountability BEFORE: AFTER:
Slide 36: Long-term Incentive Plan Linked to Shareholder Value Creation
Long-term Incentive Plan Linked to Shareholder Value Creation Directly ties executive compensation to 3-year revenue growth and adjusted earnings per share targets Strongly connects executive pay to the long-term interests of our shareholders Increases the level of accountability for the leadership
Slide 37: Capital Structure and Cash Flow
Capitalization ($ in millions) 4/30/25 1/31/25 Cash and cash equivalents $5.4 $5.1 Net debt $39.4 $41.6 Shareholders’ equity $76.3 $75.8 Total capitalization $115.7 $117.4 Cash Flow Three Months Ended Q4 FY 2025 ($ in millions) 4/30/25 4/27/24 1/31/25 Net cash provided by operating activities $4.4 $
Slide 38: Executing a Clear Growth Strategy
Executing a Clear Growth Strategy Driving Revenue Growth Expect to launch six additional next-generation Product ID solutions in FY2026 Strong initial traction with three recent Product ID launches, expanding end markets in Professional Label and Package Printing Continuing to transition customers t
Slide 39: Questions?
Questions?
Slide 40: Supplemental Information
Supplemental Information
Slide 41: Non-GAAP Reconciliation of Fiscal Year 2025 Recurring Revenue
Non-GAAP Reconciliation of Fiscal Year 2025 Recurring Revenue PI [110110,110120,110150,110160,120001.120008,120020.120022,200100,200110,200120,200130,400100,500100,600100,600110] BalanceType A A T&M [110310,110320,110350,200300,200310,400300,500300,600300,110200,110210,110220,110230,110240,110250,11
Slide 42: Non-GAAP Reconciliation of Fiscal Year 2014 Adjusted EBITDA Margin
Non-GAAP Reconciliation of Fiscal Year 2014 Adjusted EBITDA Margin Twelve Months Ended January 31, 2014 Net Income $ 1,237 Interest Expense - Income Tax Expense 175 Depreciation & Amortization 1,279 EBITDA $ 2,692 Share-Based Compensation 562 Product Replacement Costs 222 Retirement Package for Exec
Slide 43: Important Additional Information
Important Additional Information In connection with its 2025 Annual Meeting of Shareholders, AstroNova has filed a definitive proxy statement with the SEC and caused it to be mailed, together with an annual report and proxy card, to each of our shareholders. The proxy statement and a copy of the oth