Slide 1: First Quarter 2026 Earnings Review
First Quarter 2026 Earnings Review May 5, 2026
Slide 2: Forward-Looking Statements
Forward-Looking Statements Statements in this presentation that express a belief, expectation, or intention, including increased 2026 guidance and other statements that are not historical fact, are forward-looking statements under the Private Securities Litigation Reform Act of 1995. They involve a
Slide 3: First Quarter 2026 Highlights
First Quarter 2026 Highlights Eric Vaillancourt President & Chief Executive Officer
Slide 4: Overview of Financial Results
Overview of Financial Results Joe Bruderek Executive Vice President & Chief Financial Officer
Slide 5: First Quarter 2026 Financial Performance
First Quarter 2026 Financial Performance $ in millions, except per share data Sales Gross Profit & Margin Adjusted EBITDA* & Margin* Adjusted Diluted EPS* +10.9% +10.0% +12.7% +12.6% • Improved demand for semiconductor • Gross profit increased 10% • Adjusted EBITDA* of $76.4 million • Adjusted dilut
Slide 6: Sealing Technologies – First Quarter 2026 Performance
Sealing Technologies – First Quarter 2026 Performance $ in millions Sales Adjusted Segment EBITDA & Margin +10.8% +10.1% • Acquisitions of AlpHa Measurement Solutions and Overlook • Adjusted segment EBITDA of $64.6 million improved 10.1% Industries, as well as foreign exchange translation were the c
Slide 7: Advanced Surface Technologies – First Quarter 2026 Performance
Advanced Surface Technologies – First Quarter 2026 Performance $ in millions Sales Adjusted Segment EBITDA & Margin +11.1% 18.5% • Sales increase driven by strong performance in leading-edge • Adjusted segment EBITDA increase driven by strong sales precision cleaning solutions and improved demand fo
Slide 8: Balance Sheet, Cash Flow & Capital Allocation
Balance Sheet, Cash Flow & Capital Allocation $ in millions Net Leverage Commentary As of March 31, 2026 • Strong balance sheet; ample liquidity consisting of Revolver $ 160 $79.2M in cash and $630.6M2 available under revolver Senior Notes1 $ 450 • Free cash flow* for the three months ended March 31
Slide 9: 2026 Guidance Increase
2026 Guidance Increase 2026 Guidance Prior 2026 Guidance (as of May 5, 2026) (as of February 18, 2026) Revenue ~$111M-$113M 10% to 14% 8% to 12% Growth(1) Depreciation and Amortization(2) ~$50M Adjusted Capital Expenditures $315M – $330M $305M – $320M EBITDA*(1) ~$32M-$34M Net Interest Expense Adjus
Slide 10: Closing Comments
Closing Comments Eric Vaillancourt President & Chief Executive Officer
Slide 11: Q&A
Q&A
Slide 12: Appendix
Appendix
Slide 13: Enpro (NYSE: NPO) | Attractive Portfolio of Businesses
Enpro (NYSE: NPO) | Attractive Portfolio of Businesses Company Overview LTM Revenue Contribution as of March 31, 2026 Sales by Segment Sales by Channel Sales by Geography Sales by Market Headquarters Charlotte, NC Primary Manufacturing 15 Facilities Global Employees ~4,000 Financial Overview Market-
Slide 14: Reconciliation of LTM Results
Reconciliation of LTM Results Enpro Inc. Adjusted Adjusted ($ in millions) Revenue EBITDA EBITDA Margin Three Months Ended March 31, 2026 $ 303.0 $ 76.4 25.2% Plus: Year Ended December 31, 2025 1,143.3 277.6 24.3% Less: Three Months Ended March 31, 2025 273.2 67.8 24.8% LTM Ended March 31, 2026 $ 1,
Slide 15: Consolidated Adjusted EBITDA (1/2)
Consolidated Adjusted EBITDA (1/2) For the Year Ended December 31, 2025 (In Millions) 2025 Net income $ 40.5 Adjustments to arrive at earnings before interest, income taxes, depreciation, amortization, and other selected items ("Adjusted EBITDA"): Interest expense, net 28.2 Income tax expense 17.1 D
Slide 16: Consolidated Adjusted EBITDA (2/2)
Consolidated Adjusted EBITDA (2/2) For the Three Months Ended March 31, 2026 and 2025 (In Millions) 2026 2025 Net income $ 27.4 $ 24.5 Adjustments to arrive at earnings before interest, income taxes, depreciation, amortization, and other selected items ("Adjusted EBITDA"): Interest expense, net 8.8
Slide 17: Segment Information (1/2)
Segment Information (1/2) For the Three Months Ended March 31, 2026 and 2025 (In Millions) Reconciliation of Income, Net of Tax to Adjusted Segment EBITDA Three Months Ended March 31, Sales 2026 2025 2026 2025 Net income $ 27.4 $ 24.5 Sealing Technologies $ 199.0 $ 179.6 Income tax expense (6.5) (7.
Slide 18: Segment Information (2/2)
Segment Information (2/2) For the Three Months Ended March 31, 2026 and 2025 (In Millions) 2025 2026 Advanced Advanced Sealing Surface Total Sealing Surface Total Technologies Technologies Segments Technologies Technologies Segments Acquisition expense $ 1.0 $ — $ 1.0 Acquisition expense $ 0.2 $ — $
Slide 19: Consolidated Adjusted Net Income
Consolidated Adjusted Net Income (In Millions, Except Per Share Data) Three Months Ended March 31, 2026 2025 Average common Average common shares Per shared Per $ outstanding, diluted Share $ outstanding, diluted Share Net income $ 27.4 21.3 $ 1.29 $ 24.5 21.2 $ 1.15 Income tax expense 6.5 7.8 Incom
Slide 20: Free Cash Flow
Free Cash Flow (In Millions) Free Cash Flow - Three Months Ended March 31, 2026 Net cash provided by operating activities $ 39.6 Purchases of property, plant, and equipment (12.2) Payments for capitalized internal-use software (0.9) $ 26.5 Free Cash Flow - Three Months Ended March 31, 2025 Net cash