Core Molding Technologies Inc · AMEX:CMT
Core Molding Technologies — Investor Day (September 2026)
79 slides from Core Molding Technologies's investor day presentation, September 2026
Slide 1: Investor Day: Why Core, Why Now
Since 1996 Investor Day Why Core, Why Now
Slide 2: Safe Harbor Statements and Non-GAAP Financial Measures
Safe Harbor Statements and Non-GAAP Financial Measures Certain statements in this Annual Report on Form 10-K constitute forward-looking statements within the meaning of the federal securities laws, which are subject to the "safe harbor" created by Section 27A of the Securities Act of 1933, as amende
Slide 3: Core Molding Technologies Presenters
Core Molding Technologies Presenters Steven Hooser Eric L. Palomaki Alex Bantz President President and CEO Chief Commercial Officer Three Part Advisors, LLC 8 years of service 2 years of service >5 years with CMT 1 year as CEO 2 years as CCO Stephanie Pulliam Mike Gayford Arnold Alanis Alex Panda EV
Slide 4: Welcome Video
Welcome Video Splash Video Here Core Molding Investor Day September 2026 4
Slide 5: Investor Day 2026
Investor Day 2026 Eric L. Palomaki President and CEO
Slide 6: Welcome to Investor Day 2026
Welcome to Investor Day 2026 Our 30-year anniversary, and we are excited to share • How Core Molding Technologies has evolved. • We will explain the execution engine that we have built. • Provide our path to grow long-term shareholder value. What you will see today • Why Core, Why Now – Palomaki • H
Slide 7: Key Takeaways – Why Core, Why Now
Key Takeaways – Why Core, Why Now Core’s operating transformation is proven. Our recent history of turning around operations, driving continuous improvement, and executing what we say we are going to do. Growth is becoming Scale will improve Capital allocation is Management is more visible. earnings
Slide 8: Why Invest in Core Molding Technology
Why Invest in Core Molding Technology 45+ Years of Competitive Improving Long-term Specialized Disciplined Organic Large, Award Moat, Sole Gross Margin Relationships Ultra Large Capital Growth and Diverse Winning Sourced, Trend Despite w/ Blue-chip Molding Investment Recent Addressable Manufacturing
Slide 9: Our “Must Win Battle” Transformation Journey
Our “Must Win Battle” Transformation Journey 20.0% Gross Margin % 15.0% 10.0% 5.0% 0.0% 2019 2020 2021 2022 2023 2024 2025 2026 Q2 TTM 2019/2020 2021 2022/2023 2024—2026 Turnaround Product Focused Institutionalize Operating Systems Invest For Growth Culture as a Competitive Advantage Dig out | Back
Slide 10: Measuring Performance – The Key to Continuous Improvement
Measuring Performance – The Key to Continuous Improvement Metric 2020 2025 Internal Promotions 10% ~48% “ In God we trust. Purchasing Savings n/a $3M+ All others must Training Hours n/a 20,000+ bring data. ” Variable Margin 20–24% ~30% Dr. W. Edwards Deming Scrap Reduction 3–6% <2% Safety 4.01 1.07
Slide 11: Celebrate Success – “Winning” is Contagious
Celebrate Success – “Winning” is Contagious Core Molding Investor Day September 2026 11
Slide 12: Building a Better Business Through the Cycle
Building a Better Business Through the Cycle Revenue Adjusted EBITDA and Margin* $ millions $50 15.0% $377 $358 $40 12.0% $307 $302 $274 $254 $30 9.0% $20 6.0% Margins improved from 8.7% to 11.2% in 2025 $10 3.0% $- 0.0% 2021 2022 2023 2024 2025 2026Q2 2021 2022 2023 2024 2025 2026Q2 TTM TTM Adj. EB
Slide 13: Strategic and Purposeful Diversification – Reduce the Cyclicality
Strategic and Purposeful Diversification – Reduce the Cyclicality • Reduced cyclicality by balancing exposure across Product Sales by Industry multiple end markets and demand cycles. 100% 4% 9% 5% • Improve asset utilization by filling capacity with 20% 10% a broader mix of programs and customers. (
Slide 14: What are We Uniquely Good At
What are We Uniquely Good At Culture as a Competitive Advantage: Taking care of our people We apply these to decision- and making Core a great place making processes daily. to work. MX transportation Large and Ultra large production, powersports, molding and composite and unique engineered manufactu
Slide 15: Core Molding Technologies – Strategy House
Core Molding Technologies – Strategy House Culture and Team are Central to our Success It is the operating environment that determines whether problems are surfaced early, standards are followed, people collaborate, and commitments are delivered. Core Molding Investor Day September 2026 15
Slide 16: How We Bring Our Vision to Life
How We Bring Our Vision to Life The most important part of any strategy is great execution! Our PDM (Policy Deployment Matrix) is how we engage everyone annually. Strategy 5 Year Plan Execution (PDM) Policy Deployment Matrix Core Molding Investor Day September 2026 16
Slide 17: Addressable Market = Engines of Growth
Addressable Market = Engines of Growth Opportunities for North American Growth Across Diverse Industries Composites Industry Growth Broad Market Opportunities • Composite materials are growing at approximately 7–8% CAGR globally across end markets Heavy Truck / Transportation • Conversion of wood, c
Slide 18: Why Composites? We Solve Problems!
Why Composites? We Solve Problems! Strength-to-Weight Ratio Large Part Specialization Full Lifecycle Consideration Focus on Durability Creative Part Consolidation Corrosion Resistance Creates opportunity for labor or material savings Takeaway Most industries can leverage composites. We replace concr
Slide 19: Large & Ultra-large Molding Solutions
Large & Ultra-large Molding Solutions Why Customers Choose Core Truck Large Part — Durability Corrosion Resistance Powersports Cost Savings Parts Consolidation Building Products Light Weighting Recyclability Utilities Core Molding Investor Day September 2026 19
Slide 20: New and Expansion of Industry Verticals
New and Expansion of Industry Verticals Automotive Parts Construction Vehicles Medical Applications EV Battery Enclosures SMC and Topcoat Paint Aerospace Solutions Core Molding Investor Day September 2026 20
Slide 21: Why Core. Why Now.
Investor Day 2026 Why Core. Why Now. The Transformation Is Proven. The Growth Story Is Just Beginning. Next Up: • How Core Converts Capabilities into Growth – Bantz • Operations Platform Behind Profitable Growth – Gayford / Alanis • Our People Advantage: Building an Execution Culture – Pullium • The
Slide 22: How Core Converts Capabilities into Growth
How Core Converts Capabilities into Growth Alex Bantz Chief Commercial Officer
Slide 23: Three Main Things
Three Main Things We’ve made significant We’ve won We have significant room for investments to the commercial $89 Million incremental organic growth with our organization to facilitate a step annual revenue in 18 months current customers and change in growth targeted diversified markets Core Molding
Slide 24: Sales Organization Optimization
Sales Organization Optimization DEDICATED TEAMS GROWTH BANDWIDTH CUSTOMER EXPERIENCE Growth + Customer 3x 2x Increase in bandwidth Increase in bandwidth for Experience for growth improving customer experience Changed from Dedicated resources + Dedicated resources + customer-generalists to a new addi
Slide 25: Sales Process Optimization
Sales Process Optimization GROWTH TEAM CUSTOMER EXPERIENCE TEAM • Prioritization of most promising opportunities • Focus on improving customer scorecards • Value-selling methodologies • Order alignment between plant and customer: lead-time, quantity, price • How-to-win mentality • Facilitate problem
Slide 26: Credible Growth – $63M in 2025, $26M in H1 2026
Credible Growth – $63M in 2025, $26M in H1 2026 Incremental ~$89M Annual Revenue SMC Compound SMC Compound $21M 20 Projects $5M $6M Q4 SOP 65% $9M Q1–28 SOP of Awards in $14M Q4 SOP Diversified Markets Q4 SOP $16M Launched $19M Q1–27 SOP Door Skin SMC Battery Electrical Truck Roof Elec. Pickup Bed T
Slide 27: Current Pipeline Summary
Current Pipeline Summary PIPELINE BREAKDOWN IDENTIFIED TARGET PROJECTS Prospecting 61 Projects Actively Pursuing $147M $147M in Annual Revenue Quoting/Negotiating CURRENT PIPELINE $210M 31 Projects in Quote Process $210M in Annual Revenue $83M* *Award amount based on $1.4B+ Total Revenue historical
Slide 28: Truck Market Summary
Truck Market Summary MARKET POTENTIAL SUBMARKETS $600M+ traditional $1B+ including alt processes Total addressable truck market 2025 REVENUE $101M Core's revenue today Heavy Duty Medium Duty Bus EXAMPLE APPLICATIONS Sleeper Roofs Hoods Wind Deflectors Core Molding Investor Day September 2026 28
Slide 29: Truck Market Summary
Truck Market Summary 2025–2026 AWARDS CORE VALUE AND ADVANTAGES $25M Annual • Firmly established market leader $180M Total Program Life • 30+ years experience in highly technical and specialized market segment • Significant improvements in operational performance recognized by Truck OEMs CURRENT PIP
Slide 30: Powersports Market Summary
Powersports Market Summary MARKET POTENTIAL SUBMARKETS $150M+ traditional $1B+ including alt processes Total addressable power sports market 2025 REVENUE $63M Side-By-Side Personal Watercraft Golf Carts Core's revenue today Utility Vehicles EXAMPLE APPLICATIONS UTV Dump Boxes Roofs UTV Doors Skid Pl
Slide 31: Powersports Market Summary
Powersports Market Summary 2025–2026 AWARDS CORE VALUE AND ADVANTAGES $5M Annual • Firmly established market leader for cargo boxes $25M Total Program Life • Unique door panels with only “hollow web” handle on the market. • Recent launch of new patent pending skid plate technology. • Deeply integrat
Slide 32: Utilities Market Summary
Utilities Market Summary MARKET POTENTIAL SUBMARKETS $1B+ Total addressable utilities market 2025 REVENUE $23M Water Core's revenue today Power Generation Data Centers Filtration/Drainage EXAMPLE APPLICATIONS Filtration Stormwater Battery Cooling Tower Generator Electrical Underground Channels Chamb
Slide 33: Utilities Market Summary
Utilities Market Summary 2025–2026 AWARDS CORE VALUE AND ADVANTAGES $23M Annual • Diversified portfolio of products/processes $70M Total Program Life • Experienced molder and SMC material producer • Experience in large format molded parts • Proven track record of collaborating with customers to solv
Slide 34: Building Products Market Summary
Building Products Market Summary MARKET POTENTIAL SUBMARKETS $1B+ Total addressable building products market 2025 REVENUE $23M Core's revenue today Home Exteriors Patio/Decks Kitchen & Bath EXAMPLE APPLICATIONS Exterior Doors Composite Siding Decorative Lattice Composite Decking Shower Bases Core Mo
Slide 35: Building Products Market Summary
Building Products Market Summary 2025–2026 AWARDS CORE VALUE AND ADVANTAGES $17M Annual • Diversified portfolio of products/processes $27M Total Program Life • Experienced molder and SMC material producer • Experience in large format molded parts • Proven track record of collaborating with customers
Slide 36: Construction/Ag Market Summary
Construction/Ag Market Summary MARKET POTENTIAL SUBMARKETS $200M+ Total addressable Con/Ag market 2025 REVENUE $6M Core's revenue today Construction Vehicles Agriculture Vehicles Farm Infrastructure EXAMPLE APPLICATIONS Hoods Cab Roofs Engine Covers Fan Shrouds Core Molding Investor Day September 20
Slide 37: Construction/Ag Market Summary
Construction/Ag Market Summary 2025-2026 AWARDS CORE VALUE AND ADVANTAGES $500k Annual • Diversified portfolio of products and processes $2M Total Program Life • Experience in SMC material production and molding • Experience in large format parts • Experience in converting metal weldments to lower c
Slide 38: Summary
Summary Commercial Team Transformation. Growth is accelerating. Through improved processes, 2025 ranks amongst the best years in focused teams and investments in company history for incremental additional resources, the Commercial revenue achieved through new wins. Team is executing at higher levels
Slide 39: Operations Platform Behind Profitable Growth
Operations Platform Behind Profitable Growth Mike Gayford Arnold Alanis Chief Operating Officer EVP, Operations
Slide 40: The Core Operating Platform
The Core Operating Platform Industry Specialized Differentiated Leading Manufacturing Composite Execution Footprint Solutions Execution + Capabilities + Solutions Core Molding Investor Day September 2026 40
Slide 41: Industry Leading Execution
Industry Leading Execution We Safely Ship Good Parts On Time, Every Time Safety Incident Rate Core PPM 4.00 250 3.50 200 3.00 2.50 150 2.00 1.50 100 1.00 50 0.50 0.00 0 2021 2022 2023 2024 2025 2026 2021 2022 2023 2024 2025 2026 Core On Time Delivery 100.0% 98.0% 96.0% 94.0% 92.0% 90.0% 88.0% 86.0%
Slide 42: Our Large North American Manufacturing Footprint
Our Large North American Manufacturing Footprint Presses up to 83 >1.3M USMCA 5500 Ton Presses Square Feet Compliant Products Columbus, OH | Materials and SMC Compounding Cobourg, Ontario Winona, MN Gaffney, SC | Hood and Battery Systems Columbus, OH Winona, MN | Automotive, Infrastructure, Diversif
Slide 43: Materials and SMC Compounding
Materials and SMC Compounding Columbus, OH Presses up to 17 332K 151 4500 Ton Presses Square Feet Headcount • SMC Compounding Center of Excellence. 100m lbs annual capacity. • Home to Advanced Manufacturing Engineering, Research & Development, and Testing Lab Teams. • Supplies Internal and External
Slide 44: Hood and Battery Systems
Hood and Battery Systems Gaffney, SC Presses up to 10 135K 80 3000 Ton Presses Square Feet Headcount • Hood Center of Excellence with > 27 years of complex assembly experience. • Battery enclosure platform for future growth including EV (Electric Vehicle) applications. • Expandable South Carolina ma
Slide 45: Automotive, Infrastructure, Diversified Products – Winona, MN
Automotive, Infrastructure, Diversified Products – Winona, MN Presses up to 5 81K 54 4400 Ton Presses Square Feet Headcount • Proprietary DLFT Technology enables complex lightweight parts. • Highly flexible operation serving multiple end markets: Automotive, infrastructure, powersports, agricultural
Slide 46: Engineered Solutions & Specialty Products – Cobourg, ON
Engineered Solutions & Specialty Products – Cobourg, ON Presses up to 18 241K 168 2500 Ton Presses Square Feet Headcount • Engineering driven specialty products. • Advanced development and process capabilities. • High Volume Big Box Supply Chain Experience. Core Molding Investor Day September 2026 4
Slide 47: Scale Manufacturing
Scale Manufacturing Matamoros, MX Presses up to 24 600K 672 5500 Ton Presses Square Feet Headcount • Large-scale, low-cost manufacturing platform. • Multiple processes under one roof: • SMC, DLFT & Spray Up. • Supports complex program launch and management across North America. • Largest Heavy-Truck
Slide 48: Growth Platform
Growth Platform Monterrey, MX Presses up to 9 217K 226 1000 Ton Presses Square Feet Headcount • DCPD Center of Excellence. • Integrated Topcoat Paint Capability. • Growth Platform supporting future capacity expansion. • Competitive Labor Cost Structure. Core Molding Investor Day September 2026 48
Slide 49: Why Core Wins
Why Core Wins Execution Capabilities Solutions • Safety • Lightweighting • People • Thermoset • Part Consolidation • Quality • Thermoplastics • Corrosion Resistance • Delivery • Customer Value Operational discipline Multiple composite technologies Practical engineering solutions customers depend on
Slide 50: Thank You
Thank You The Core Operating Platform Execution + Capabilities + Solutions Driving profitable growth through composite innovation
Slide 51: Intermission
Intermission We will resume our session in 15 minutes
Slide 52: Our People Advantage: Building an Execution Culture
Our People Advantage: Building an Execution Culture Stephanie Pulliam EVP of Human Resources
Slide 53: Video – Culture as a Competitive Advantage
Video – Culture as a Competitive Advantage Core Molding Investor Day September 2026 53
Slide 54: The 5-Year Plan Depends on Execution
The 5-Year Plan Depends on Execution Culture is Our First Strategic Pillar Because Execution Depends On People People execute the strategy Leadership creates alignment Culture shapes behavior Better execution drives growth and returns Core Molding Investor Day September 2026 54
Slide 55: Building Leadership & Talent Capability
Building Leadership & Talent Capability We’ve Built a System to Attract, Develop, and Retain Talent at Every Level of the Organization Global Career Paths Skills Individual Performance Leadership Leadership Succession Internship Assessment Development Management Essentials Development Planning Progr
Slide 56: Culture & Execution: Building the Behaviors
Culture & Execution: Building the Behaviors Culture Becomes Real When Standards are Reinforced Through Everyday Leadership One-on-One Meetings Feedback & Coaching Reinforce expectations and Align priorities and development performance Accountability Recognition Drive ownership and results Promote de
Slide 57: Measurable Progress in Talent and Leadership
Measurable Progress in Talent and Leadership Salary Voluntary Turnover Leadership Pipeline 25% 19.08% 74% 65% 20% 14.50% 13.65% 15% 10.35% 10% 7.39% 7.61% 6.86% of senior leaders of senior leaders have an promoted internally identified successor 5% 0% 2020 2021 2022 2023 2024 2025 2026 Internal Prom
Slide 58: 30 Years Built by Our People
30 Years Built by Our People Investing in the People and Capabilities Required for Core’s Next Phase of Growth Customer Long-term Better leaders Stronger teams Better execution confidence sustainable growth Core Molding Investor Day September 2026 58
Slide 59: The Path to Profitable Growth and Higher Returns
The Path to Profitable Growth and Higher Returns Alex Panda Chief Financial Officer
Slide 60: Capital Allocation Priorities
Capital Allocation Priorities Multifaceted Allocation Strategy to Maximize Shareholder Value Maintain Strong Balance Sheet • Zero net debt – Cash balance of $12M as of June 2026 • Current leverage ratio of less than one times Adjusted EBITDA • Available liquidity flexibility to take advantage of opp
Slide 61: Debt Refinancing Strengthens Capacity for Growth
Debt Refinancing Strengthens Capacity for Growth Previous Previous Facility Facility New Refinanced Facility Maturity Maturity Maturity July July22, 22,2027 2027 July 2, 2031 Total TotalAvailability Availability Total Availability $75 $75million million $100 million Structure Structure Structure $25
Slide 62: What Core Has Organically Won
What Core Has Organically Won $142M* $115M* $85M* 90%* $14M Annual Awards Incremental Awards Not Yet Launched Launching Soon Remaining Capital Required Total new business won 81% of total awards 75% of incremental awards Within next 12 months Support awarded incremental business Path to $310M of Fut
Slide 63: Strategic Organic Growth – Mexico
Strategic Organic Growth – Mexico Monterrey • Increased footprint by 400% to 214,000ft2 • Consolidated 30,000ft2 warehouse resulting in $0.5 million savings (Full effect Q4 of 2026) • Added topcoat paint to enable full-service supply and the pursuit of products for Construction and Agriculture indus
Slide 64: Margin Enhancement Opportunities
Margin Enhancement Opportunities Gross Improved Improved Target Gross Margin Leverage Mix/Efficiency Margin 17%–19% 200 bps 200 bps 21%–23% 400-basis point improvement opportunity is driven by a combination of volume leverage and strategic business enhancements that are in our growth strategy. Core
Slide 65: Acquisition Strategy
Acquisition Strategy Acquisition Criteria Strategic Criteria Impact of a $100 Million Diversify Expand Sales Acquisition End Markets Customer Base 2025 Pro Forma Increase Strengthen Process Portfolio Margin Profile Largest Customer 19% 13% % of Annual Product Sales Financial Criteria $50M – $100M 6x
Slide 66: Long Term Financial Goals
Long Term Financial Goals Our 2030 Financial Targets • Organic growth Revenues >$500M • Acquisitions • Truck cycle recovery • Better product mix Gross Margin >20% • Higher plant utilization • Mexico cost advantage • Operational improvements Operating Income 10% • Value selling • Leverage fixed costs
Slide 67: The Path to $500 Million in Sales
The Path to $500 Million in Sales Strong Foundation Sales Journey to $500 Million Diverse end markets, long-standing customer (in Millions) relationships and operational excellence are $600 fueling profitable growth. $20 $500 $500 $20 Multiple Growth Drivers $100 $20 • Launched Programs Known Growth
Slide 68: Core Assuming $500 Million in Sales
Core Assuming $500 Million in Sales Sales Gross Margin Operating Income $500 Million 21%–23% ~10% EBITDA Margin Operating Cash Flow ROCE 16%–18% $60–$70 Million >14% At $500 million in sales, Core is positioned as a higher-margin, cash-generative, high-return business built to create long-term share
Slide 69: Fiscal Year 2026 Guidance Update
Fiscal Year 2026 Guidance Update 2026 full-year sales expected at the 2026 full-year gross margins midpoint of flat to up 5%, versus 2025 expected in 16% to 17% range • Q3 product sales as expected, despite slower • Commissioning of new Monterrey plant affected truck ramp by elevated freight costs f
Slide 70: Why Core, Why Now
Why Core, Why Now Eric L. Palomaki President and CEO
Slide 71: Key Takeaways – Why Core, Why Now
Key Takeaways – Why Core, Why Now Core’s operating transformation is proven. Our recent history of turning around operations, driving continuous improvement, and executing what we say we are going to do. Growth is becoming Scale will improve Capital allocation is Management is more visible. earnings
Slide 72: Intermission
Intermission We will resume our session in 15 minutes Up Next: We look forward to your questions and are excited for our tour of the Matamoros plant tomorrow.
Slide 73: Q&A Investor Day 2026
Q&A Investor Day 2026
Slide 74: Appendix
CORE Appendix
Slide 75: Selected Financial Information
Selected Financial Information Total Sales(1) Adjusted Margins(2) $400 $377 20% 18.0% 17.6% 17.4% 18.2% $358 $350 $302 13.9% $274 15% $300 $254 $250 10% 7.4% 4.8% 5.9% 5.9% 5.8% $200 5% $150 $100 0% $50 2022 2023 2024 2025 TTM June 2026 $0 2022 2023 2024 2025 TTM June 2026 Gross Margin Operating Mar
Slide 76: Selected Financial Information
Selected Financial Information Operating Cash Flow(1) Adj Return on Capital Employed (ROCE)(2) $40 18% 16.4% $35 $35 16% $35 14.2%(3) $30 14% 12.7% 11.5%(3) 12% 9.8%(3) $25 $19 $19 $20(2) 10% $20 8% 10.7% $15 9.0% 6% 9.1% $10 4% $5 2% $0 0% 2022 2023 2024 2025 TTM June 2026 2022 2023 2024 2025 TTM J
Slide 77: Net Income (Loss) to Adjusted EBITDA Reconciliation
Net Income (Loss) to Adjusted EBITDA Reconciliation Twelve Months Ended In thousands December 31, TTM June 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Net income (loss) $ 5,549 $ (4,782) $ (15,223) $ 8,165 $ 4,671 $ 12,203 $ 20,324 $ 13,299 $ 11,195 $ 7,348 Income tax expense (benefit) $ 2,286
Slide 78: Year-End and Return on Capital Employed (“ROCE”) Reconciliation
Year-End and Return on Capital Employed (“ROCE”) Reconciliation TTM June TTM June 2021 2022 2023 2024 2025 2026 2025 2026 in thousands in thousands EBIT $ 11,068 $ 18,003 $ 26,537 $ 16,695 $ 14,218 $ 9,244 EBIT $ 14,218 $ 9,244 Plant Closure, Mexico Expansion Plant Closure and Severance and Severanc
Slide 79: Contacts
Contacts Company Contact Alex Panda Chief Financial Officer apanda@coremt.com Investor Contact Sandy Martin / Steven Hooser Three Part Advisors 214.616.2207 Core Molding Investor Day September 2026 79
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