Nn, Inc. · NASDAQ:NNBR
Nn — D.A. Davidson Diversified Industrials & Services Investor Conference 2026
27 slides from Nn's conference presentation, Sep 22, 2026
Slide 1: D.A. Davidson Diversified Industrials & Services Investor Conference
D.A. Davidson Diversified Industrials & Services Investor Conference September 22, 2026
Slide 2: Forward Looking Statements
2 Forward Looking Statements This presentation may contain forward-looking statements regarding our business, operations, and financial performance. Such statements are based on current expectations and assumptions that are subject to a number of risks and uncertainties. Actual results could differ
Slide 3: Investment Thesis
3 Investment Thesis 1 2 3 NN is delivering a profitable growth program in desirable end markets NN is increasing its margins with a balanced program of growth & cost-out NN has positive results trend, a positive multi-year outlook, and a strong team
Slide 4: NN Leaders in Attendance
4 NN Leaders in Attendance Chris Bohnert Chief Financial Officer Tim French Chief Operating Officer
Slide 5: Profitable Growth Program is Delivering, Raising Guidance
5 Profitable Growth Program is Delivering, Raising Guidance ▪ Growth Program is Working Company is benefiting from multi-year program to generate profitable growth in Data Center, Defense, Medical, Electric Grid, High-Value Vehicle Parts ▪ Margin Increase Program is Working Multi-year cost-out progr
Slide 6: Global Manufacturing Footprint Fits the Markets We are Pursuing
6 ▪ Majority of sales and profits are in the US and China, ideal footprint for Data Center industry ▪ Top 30 customers are ~70% of sales, ~700 total customers ▪ Small, satellite operations in Europe and Brazil for global customers desiring global supply chains Global Manufacturing Footprint Fits the
Slide 7: Pillar Growth Program
7 5 Pillar Growth Program High-Value Vehicle • Intentional product portfolio of demanding applications that require exceptionally precise parts, drives NN technology curve Electric Grid • Precision stamped, plated and assembled products, especially smart meter components, circuit breaker components
Slide 8: Intentional Transformation of Sales Mix is Underway
8 Intentional Transformation of Sales Mix is Underway → Pursuing, Winning and Adding Additional Desirable Business Auto 65% Non-Auto 35% 2023 Auto 40%Non-Auto 60% Q2 2026% OF SALES Data Center & Electric Grid Medical Products Defense & Electronics TTM sales = $80M NTM Target = $120M TTM sales = $15M
Slide 9: Data Center and Electric Grid – September 22, 2026 Update
9 Data Center and Electric Grid – September 22, 2026 Update Data Center and Electric Grid products are growing • ~$80 Million TTM Q2 Sales at accretive margins – NTM goal of $120 Million, multiple large opportunities being evaluated • NN’s 2nd largest market – Multiple product lines serving Data Cen
Slide 10: AI Data Center Racks - Liquid Cooling Product Line Introduced in 2026
10 AI Data Center Racks - Liquid Cooling Product Line Introduced in 2026 WHERE NN PLAYS 1 Precision Components NN Inc Mission-critical machined parts, engineered to spec 2 Connectors & Couplings Parts built into complete connector and coupling assemblies 3 Cooling Systems Cold plates, manifolds and
Slide 11: Data Center Growth - September 22, 2026 Update
11 Data Center Growth - September 22, 2026 Update NN’s Available Market Continues to Expand ▪ Growth rate estimates are increasing ▪ Next-gen AI chips driving cooling connector count increasing, further expanding global market for these products ▪ Merchant market for liquid cooling is growing rapidl
Slide 12: Defense and Electronics Growth - September 22, 2026 Update
12 Defense and Electronics Growth - September 22, 2026 Update 2026 News - Entry as a Tier 1 manufacturer; ramping up during 2nd Half 2026 • Multi-year agreement to produce firearm accessories for a market leading brand owner • Expected to add $12–$15 Million in sales, with additional opportunities b
Slide 13: Medical Products Growth - September 22, 2026 Update
13 Medical Products Growth - September 22, 2026 Update 2026 News - new wins in robotic-assisted surgery equipment, ramping during 2nd Half 2026 • Qualified and received initial purchase orders for a leading robotic-assisted surgery platform • Cleared a critical full-facility audit at the Kentwood, M
Slide 14: Financial Highlights - Q2 2026 and 1st Half 2026
14 Financial Highlights - Q2 2026 and 1st Half 2026 +19% +16%+36% +35% $65M Q2 Y/Y Net Sales Growth 1st Half 2026 Y/Y Net Sales Growth Q2 Y/Y Adj. EBITDA Growth 1st Half 2026 Y/Y Adj. EBITDA Growth 1st Half 2026 New Business Awards All Divisions All Divisions All Divisions All Divisions All Division
Slide 15: Financial Highlights - Q2 2026 and 1st Half 2026
15 Financial Highlights - Q2 2026 and 1st Half 2026 $17.9 $32.1 Adjusted EBITDA ($millions, except percentages) $128.7 $247.2 Net Sales ($millions, except percentages) ($millions, except percentages) Q2’25 Q2’26 vs. Prior Year 1st Half 2025 1st Half 2026 vs. Prior Year Net Sales $107.9 $128.7 + $20.
Slide 16: 2026 Performance Has Trended Up, Raising Guidance
16 2026 Performance Has Trended Up, Raising Guidance ($millions) 2026 Guidance Range 2026 Guidance Midpoint 2026 Midpoint vs. 2025 Actual Net Sales $470 - $490 $480 + 14% Adjusted EBITDA $58 - $68 $63 + 29% New Business Wins $90 - $110 $100 + 43% Key Notes 1) Assumes current base metal costs – steel
Slide 17: New Win Program is a Key Component of Value Creation
17 New Win Program is a Key Component of Value Creation • Win $80 – $100M of new business annually, and shed / changeout old business • Management estimates ~20% of vintage year new wins occur in current year, ~70% of vintage year new wins occur in following year, and ~10% of vintage year new wins o
Slide 18: Growth Investment Has Trended Up in 2026
18 Growth Investment Has Trended Up in 2026 2026 newly won business and forward ramp-up requirements are higher than expected • Competing and winning NPI battles at a higher and faster rate than expected • Additional sales growth pipeline opportunities are >$750M • Won programs are averaging 25%+ gr
Slide 19: Positive Multi-Year Outlook
Positive Multi-Year Outlook 19 Key Multi-Year Assumptions: • Sales growth – continue growing at 9% CAGR or $50M annual net sales growth driven by $80 – $100M of annual New Business wins minus forced exits, program wind-downs and EOPs every year, and underlying market demand growth • Margin growth –
Slide 20: Appendix
20 Appendix
Slide 21: Non-GAAP Financial Measures
21 This presentation contains certain financial measures not presented in accordance with U.S. generally accepted accounting principles ("GAAP"), including adjusted gross margin, adjusted gross margin %, adjusted income from operations, adjusted EBITDA, adjusted EBITDA margin % (collectively, the "n
Slide 22: Note: Totals may not foot due to rounding
22 Note: Totals may not foot due to rounding
Slide 23: Note: Totals may not foot due to rounding
23 Note: Totals may not foot due to rounding
Slide 24: Reconciliation of GAAP Gross Margin to Non-GAAP Gross Margin and Gross Margin %
24 Reconciliation of GAAP Gross Margin to Non-GAAP Gross Margin and Gross Margin % NN, Inc. Consolidated (in millions) FY 2025 Net sales 422.2$ Cost of sales (exclusive of depreciation and amortization) 362.8 GAAP gross margin 59.4 Personnel costs (1) 9.3 Facility costs (2) 6.3 Other 3.1 Adjusted gr
Slide 25: Reconciliation of GAAP Gross Margin to Non-GAAP Adjusted Gross Margin — TTM
25 Note: Totals may not foot due to rounding Reconciliation of GAAP Gross Margin to Non-GAAP Adjusted Gross Margin and Gross Margin % — Trailing Twelve Months Ended June 30, 2026 NN Consolidated (in millions) Q3 2025 (3 mo. ended 9/30/25) Q4 2025 (3 mo. ended 12/31/25) Q1 2026 (3 mo. ended 3/31/26)
Slide 26: Reconciliation of GAAP Net Loss to Non-GAAP Adjusted EBITDA — TTM
26 Note: Totals may not foot due to rounding Reconciliation of GAAP Net Loss to Non-GAAP Adjusted EBITDA and Adjusted EBITDA Margin % — Trailing Twelve Months Ended June 30, 2026 NN, Inc. Consolidated (in millions) Q3 2025 (3 mo. ended 9/30/25) Q4 2025 (3 mo. ended 12/31/25) Q1 2026 (3 mo. ended 3/3
Slide 27: Beyond Reliable.
BEYOND RELIABLE.
NN — D.A. Davidson Diversified Industrials & Services Investor Conference 2026 on 6ix