Slide 1: Second Quarter 2025 Earnings Review
Second Quarter 2025 Earnings Review August 5, 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements Statements in this presentation that express a belief, expectation or intention, including the 2025 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 number
Slide 3: Second Quarter 2025 Update
Second Quarter 2025 Update 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: Second Quarter 2025 Financial Performance
Second Quarter 2025 Financial Performance $ in millions, except per share data Sales Gross Profit & Margin Adjusted EBITDA* & Margin* Adjusted Diluted EPS* +6.0% +4.9% -3.9% -2.4% • Strength in aerospace and food and • Strong sales performance drove the • Adjusted EBITDA* of $71.1 million • Adjusted
Slide 6: Sealing Technologies – Second Quarter 2025 Performance
Sealing Technologies – Second Quarter 2025 Performance $ in millions Sales Adjusted EBITDA & Margin +1.9% -3.2% • Sales increased year-over-year as strength in aerospace and food and • Adjusted segment EBITDA of $63.3 million decreased 3.2% compared to the pharma demand, firm general industrial perf
Slide 7: Advanced Surface Technologies – Second Quarter 2025 Performance
Advanced Surface Technologies – Second Quarter 2025 Performance $ in millions Sales Adjusted EBITDA & Margin +14.5% +3.7% • Sales increase driven primarily by growth in leading-edge precision • Adjusted segment EBITDA increased 3.7% cleaning solutions and optical coatings, as well as improved demand
Slide 8: Balance Sheet, Cash Flow & Capital Allocation
Balance Sheet, Cash Flow & Capital Allocation $ in millions Net Leverage Commentary Reported June 30, 2025 • Upsized senior notes to $450M (2033) and doubled $800M Revolving Credit Facility $ 20 revolving credit facility to $800M (2030) Senior Notes1 $ 450 • Revolving credit facility with $770M2 of
Slide 9: 2025 Guidance
2025 Guidance 2025 Guidance Prior 2025 Guidance (as of August 5, 2025) (as of May 6, 2025) Revenue Low to Mid-Single ~$100-101M 5% to 7% Growth(1) Digits Depreciation and Amortization(2) ~$50M Adjusted Capital Expenditures $270M – $280M $262M – $277M EBITDA*(1) ~$26-28M Net Interest Expense (From $3
Slide 10: Closing Comments
Closing Comments Eric Vaillancourt President & Chief Executive Officer
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Slide 12: Appendix
Appendix ©
Slide 13: Enpro (NYSE: NPO) | Attractive Portfolio of Businesses
Enpro (NYSE: NPO) | Attractive Portfolio of Businesses Company Overview LTM Revenue Contribution as of June 30, 2025 Sales by Segment Sales by Channel Sales by Geography Sales by Market Headquarters Charlotte, NC Principal Manufacturing 15 Facilities Global Employees ~3,500 Financial Overview Market
Slide 14: Reconciliation of LTM Results
Reconciliation of LTM Results Enpro Inc. Adjusted Adjusted ($ in millions) Revenue EBITDA EBITDA Margin Six Months Ended June 30, 2025 $ 561.3 $ 138.9 24.7% Plus: Year Ended December 31, 2024 1,048.7 254.8 24.3% Less: Six Months Ended June 30, 2024 529.4 132.5 25.0% LTM Ended June 30, 2025 $ 1,080.6
Slide 15: Consolidated Adjusted EBITDA (1/2)
Consolidated Adjusted EBITDA (1/2) For the Year Ended December 31, 2024 (In Millions) 2024 Net income $ 72.9 Adjustments to arrive at earnings before interest, income taxes, depreciation, amortization, and other selected items ("Adjusted EBITDA"): Interest expense, net 34.5 Income tax expense 21.5 D
Slide 16: Consolidated Adjusted EBITDA (2/2)
Consolidated Adjusted EBITDA (2/2) For the Quarters and Six Months Ended June 30, 2025 and 2024 Quarters Ended June 30, Six Months Ended June 30, (In Millions) 2025 2024 2025 2024 Net income $ 26.4 $ 26.7 $ 50.9 $ 39.2 Adjustments to arrive at earnings before interest, income taxes, depreciation, am
Slide 17: Segment Information (1/2)
Segment Information (1/2) For the Quarters and Six Months Ended June 30, 2025 and 2024 (In Millions) Reconciliation of Income, Net of Tax to Adjusted Segment EBITDA Quarters Ended June 30, Six Months Ended June 30, Sales 2025 2024 2025 2024 Quarters Ended Six Months Ended Net income $ 26.4 $ 26.7 $
Slide 18: Segment Information (2/2)
Segment Information (2/2) For the Quarters and Six Months Ended June 30, 2025 and 2024 (In Millions) Quarter Ended June 30, 2024 Quarter Ended June 30, 2025 Advanced Advanced Sealing Surface Total Sealing Surface Total Technologies Technologies Segments Technologies Technologies Segments Acquisition
Slide 19: Consolidated Adjusted Net Income
Consolidated Adjusted Net Income (In Millions, Except Per Share Data) Quarters Ended June 30, (In Millions, Except Per Share Data) Six Months Ended June 30, 2025 2024 2025 2024 Average Average Average Average common common common common shares shared shares shared outstanding, Per outstanding, Per o
Slide 20: Free Cash Flow
Free Cash Flow (In Millions) Free Cash Flow - Six Months Ended June 30, 2025 Net cash provided by operating activities $ 73.2 Purchases of property, plant, and equipment (17.9) Payments for capitalized internal-use software (2.5) $ 52.8 Free Cash Flow - Six Months Ended June 30, 2024 Net cash provid