Burnham Holdings, Inc. · OTC:BURCA
Burnham — Shareholder Meeting (April 2026)
24 slides from Burnham's shareholder meeting presentation, Apr 27, 2026
Slide 1: 2026 Shareholders Meeting Welcome
2026 Shareholders Meeting Welcome Meeting Presentation will begin at Name Presenter 11:30 a.m. ET Date April 27, 2026 OTC: BURCA 1
Slide 2: Cautionary "Forward-Looking" Statements
Cautionary “Forward-Looking” Statements Statements in this presentation that are not historical are “forward-looking statements” and are subject to change. These statements are subject to risks and uncertainties that could cause the Company’s actual operating results to differ materially from those
Slide 3: Agenda
Agenda 1. Introduction 2. Meeting Specifics - a. Due Notice of Meeting b. 2025 Minutes c. Appointment of Inspector of Election Presentation Name d. Proposals Presenter 3. CEO's Comments Date 4. Vote Results - a. Proposal 1: Directors b. Proposal 2: Auditors 5. Chairman's Comments 6. Adjournment 3
Slide 4: Director Candidates & Appointment of Auditors
Director Candidates & Appointment of Auditors Directors of the Company – Class of 2026 - 2029 • John W. Lyman • E. Philip Wenger Independent Auditors - 2026 • Baker Tilly US, LLP 4
Slide 5: 2026 Shareholders Meeting - CEO Christopher Drew
2026 Shareholders Meeting Christopher Drew President & CEO April 27, 2026 OTC: BURCA 5
Slide 6: Annual Report: Sharpening our Focus
Annual Report: Sharpening our Focus 6
Slide 7: The Strategic Pivot: Corporate De-Risking & Sharpened Focus
2025 - The Strategic Presentation Name Pivot: Corporate Presenter De-Risking & Sharpened Focus Date 7
Slide 8: Primary Objective: De-Risk the Organization
Primary Objective: De-Risk the Organization • Executed Major Initiatives in 2025: 1. Operational Focus: Sold Thermo Products & Norwood Manufacturing, and wound down Crown Boiler Subsidiary 2. Pension Annuitization: Transferred $90.4M of defined benefit pension obligations to insurers; covering 1,000
Slide 9: Reinvestment & Operational Excellence
Reinvestment & Operational Presentation Name Excellence Presenter Date 9
Slide 10: Reinvestment Defines our Future
Reinvestment Defines our Future • De-risking our portfolio was the first step • Continued investment in our portfolio of the high-efficiency boilers desired by our customers will define our future Our commitment to future generations of HVAC installers; members of the leadership team shown with stud
Slide 11: Condensing Center of Excellence: Capacity Expansion and Commitment to PA Manufacturing
Condensing Center of Excellence: Capacity Expansion and Commitment to PA Manufacturing • Opening of U.S. Boiler Company's Condensing Center of Excellence in Lancaster, PA • High-tech home for our flagship Alta line • Centralizing assembly of our most advanced condensing products ensures a competitiv
Slide 12: Additional Investment to Modernize Our Facilities
Additional Investment to Modernize Our Facilities • Invested $4M to Modernize our Facilities across: o CNC Machine for Burnham Commercial - CCI o Production line enhancements for Thermal Solutions o Safety Enhancements, energy-efficient lighting retrofits and IT infrastructure improvements o These i
Slide 13: Leadership & Executive Team Overview
Leadership Presentation Name & Executive Team Presenter Date Overview 13
Slide 14: Key Promotions on our Executive Leadership Team
Key Promotions on our Executive Leadership Team Paul Spradling Bryan O’Toole SVP & Chief Operating SVP, Business Officer Development 14
Slide 15: 2025 Financial Highlights & Q1 2026 Momentum
2025 Financial Highlights Presentation Name Presenter & Date Q1 2026 Momentum 15
Slide 16: 2025 Financial Strengths
2025 Financial Strengths Debt Reduction • Reduced total debt to $11.6M - down from $22.4M the prior year • Inventory reduction of 20% - even as we produced a record number of units in the US Record Earnings • Net Sales of $258.1M – increase of 10.7% compared to 2024 • Adjusted Net income of $12.1M –
Slide 17: Q1 2026 Momentum
Q1 2026 Momentum • Net Sales of $66.2M – increase of 18.7% compared to Q1 of 2025 • Adjusted Net income of $3.4M – increase of 36% compared to Q1 of 2025 • Adjusted EBITDA of $6.4M a 33.3% increase compared to $4.8M in Q1 of 2025 • Adjusted Diluted EPS rose to $0.72, up from $0.54 in 2025 17
Slide 18: Future Outlook: Innovation & Growth
Future Outlook: Innovation Presentation Name Presenter Date & Growth 18
Slide 19: Looking Ahead
Looking Ahead: • Serve core residential and commercial markets with an extensive, innovative and diversified portfolio of products. 19
Slide 20: Final Thoughts
Final Thoughts Presentation Name Presenter Date 20
Slide 21: 2026 Shareholders Meeting Q&A
2026 Shareholders Meeting Q&A 21
Slide 22: Results of the Election
Results of the Presentation Name Election Presenter Date 22
Slide 23: Chairman's Comments
Chairman’s Comments §) BURNHAM HOLDINGS
Slide 24: This meeting is now adjourned, thank you for attending
This meeting is now adjourned, Presentation Name thank you for attending. Presenter Date 24