Slide 1: Second Quarter 2025 Financial Results
SECOND QUARTER 2025 FINANCIAL RESULTS August 7, 2025
Slide 2: Forward-Looking Statements – Disclaimer
FORWARD-LOOKING STATEMENTS – DISCLAIMER This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical statements of fact and those regarding the Company's intent, belief, or expectati
Slide 3: Key Highlights
KEY HIGHLIGHTS • Sales growth of ~9%; Adj. EPS1 of $0.97 Q2 performance in-line with expectations • ~120% Adj. Free Cash Flow conversion1 • International Currency backlog at record-high level Winning with technology leadership • Innovative new product releases in Authentication and CPI • Acceleratin
Slide 4: Building a Market Leader in Authentication Technologies
BUILDING A MARKET LEADER IN AUTHENTICATION TECHNOLOGIES Providing trusted technology solutions to secure, detect and authenticate what matters most Security & Authentication Technologies Crane Payment Innovations Segments 2025 Sales1 2025 Sales1 ~$735M ~$860M Businesses Operating Discipline Crane Bu
Slide 5: Introducing Crane Authentication
INTRODUCING CRANE AUTHENTICATION • Closed De La Rue Authentication Solutions acquisition on May 1 Brand Government Identification • Launched Crane Authentication, Authentication Solutions Security combining De La Rue with OpSec • Created market leader in authentication solutions for the world’s lead
Slide 6: Q2 2025 Results Summary
Q2 2025 RESULTS SUMMARY Q2 2025 Q2 2024 • Sales growth of ~9%, driven by $ Millions, except per- share amounts GAAP Adjusted1 GAAP Adjusted1 the impact of acquisitions Sales $404 $404 $371 $371 • Strong sales growth in Segment International Currency $67 $97 $85 $101 Operating Profit • CPI sales ahea
Slide 7: Crane Payment Innovations – Q2 Results
CRANE PAYMENT INNOVATIONS – Q2 RESULTS GAAP Adjusted1 $ Millions Q2 2025 Q2 2024 Change Q2 2025 Q2 2024 Change Sales $211 $224 (5.8%) $211 $224 (5.8%) Segment Operating Profit 49 61 (20.2%) 57 67 (15.3%) Segment Operating Margin 23.2% 27.4% (420bps) 27.0% 30.0% (300bps) Backlog 144 166 (13.3%) 144 1
Slide 8: Security and Authentication Technologies – Q2 Results
SECURITY AND AUTHENTICATION TECHNOLOGIES – Q2 RESULTS GAAP Adjusted1 $ Millions Q2 2025 Q2 2024 Change Q2 2025 Q2 2024 Change Sales $193 $146 32.0% $193 $146 32.0% Segment Operating Profit 18 24 (25.0%) 40 34 16.7% Segment Operating Margin 9.3% 16.4% (710bps) 20.6% 23.3% (270bps) Backlog 447 335 33.
Slide 9: Balance Sheet and Capital Structure
BALANCE SHEET AND CAPITAL STRUCTURE Net leverage ratio1 of ~2.6x Free Cash Flow Q2 2025 (June 30, 2025) Cash Provided from Operating ~$1,140M $63 Activities Capital Expenditures ($7) ~$220M Revolver Free Cash Flow $56 Adjusted Free Cash Flow1 $67 ~$370M ~$630M Term Loan Debt Q2 2025 ~$480M Total Deb
Slide 10: 2025 Guidance
2025 GUIDANCE Crane NXT Sales Growth +6% to +8% CPI segment sales growth -2% to 0% • Continued strength in SAT supported by record-high International Currency backlog SAT segment sales growth +19% to +21% • De La Rue Authentication on-track to add ~$80M to ~$90M in Adj. Segment Operating Margin1 ~25
Slide 11: Concluding Remarks
CONCLUDING REMARKS Continued operational execution • Q2 performance in line with expectations; maintaining full-year adj. EPS1 guidance • Accelerating synergies for Crane Authentication through deployment of CBS • Strong Free Cash Flow conversion, expect net leverage1 of ~2x by year end Building mom
Slide 12: Q&A
Q&A CRANE
Slide 13: Appendix
APPENDIX CRANE NO T
Slide 14: Tariff Update
TARIFF UPDATE (as of August 1, 2025) Country Estimated FY Estimated FY Impact Impact • China tariffs primarily impact CPI (May 2025) (Aug. 2025) • ~50% tariff in place on key components China • Price increases enacted in May ~$20M ~$10M (~50% tariff) • Many customers awaiting outcome of Mexico negot
Slide 15: Non-GAAP Explanations
NON-GAAP EXPLANATIONS Crane NXT reports its financial results in accordance with U.S. generally accepted accounting principles (“GAAP”). This presentation includes certain non-GAAP financial measures, including Adjusted operating profit, Adjusted operating margin, Adjusted EPS, free cash flow, and A
Slide 16: Non-GAAP Explanations
NON-GAAP EXPLANATIONS The Company's management believes that each of the following non-GAAP measures provides useful information to investors regarding the Company’s financial conditions and operations: • "Adjusted operating profit" and "Adjusted operating margin" add back to operating profit specia
Slide 17: Non-GAAP Explanations
NON-GAAP EXPLANATIONS • References to "core," such as "core sales," exclude currency effects and, where applicable, the first-year impacts of acquisitions and divestitures. Management believes that non-GAAP financial measures that exclude these items provide investors with an alternative metric that
Slide 18: Non-GAAP Financial Measures for Crane NXT, Co.
NON-GAAP FINANCIAL MEASURES FOR CRANE NXT, CO. Non-GAAP Financial Measures (unaudited, in millions except per share data) 18 Totals may not sum due to rounding.
Slide 19: Non-GAAP Financial Measures for Crane NXT, Co.
NON-GAAP FINANCIAL MEASURES FOR CRANE NXT, CO. Non-GAAP Financial Measures by Segment, Second Quarter (unaudited, in millions) 19 Totals may not sum due to rounding.
Slide 20: Non-GAAP Financial Measures for Crane NXT, Co.
NON-GAAP FINANCIAL MEASURES FOR CRANE NXT, CO. Free Cash Flow, Net Leverage Ratio (unaudited, in millions) 1 Represents cash paid for transaction related expenses. *Please see the Non-GAAP Financial tables in this release. *Please refer to the Non-GAAP Financial Measures tables in prior quarter rele
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