Desktop Metal Inc

Desktop Metal — Merger or Acquisition (May 2023)

72 slides from Desktop Metal's merger presentation, May 31, 2023

  1. Slide 1: Positioned to deliver outsized and enduring shareholder value

    i lt li tlie i le i i i i a i a PSseseseseseseesesesesesesss Positioned to deliver outsized and enduring shareholder value | MAY/JUNE 2023 $ stratasys

  2. Slide 2: Forward-looking statements

    Forward-looking statements Cautionary Statement Regarding Forward-Looking Statements The statements in this slide presentation regarding Stratasys' strategy, and the statements regarding its projected future financial performance, including the financial guidance concerning its expected results for

  3. Slide 3: Important additional information

    Important additional information This slide presentation is not an offer to purchase or a solicitation of an offer to sell the ordinary shares of Stratasys. In response to a tender offer commenced by Nano Dimension Ltd. (“Nano”), Stratasys has filed with the Securities and Exchange Commission a Soli

  4. Slide 4: Participants in the Solicitation

    Participants in the Solicitation Stratasys and certain of its directors and executive officers may be deemed to be participants in the solicitation of proxies in respect of the proposed transaction with Desktop Metal. Information about the directors and executive officers of Stratasys, including a d

  5. Slide 5: Stratasys is well positioned to create value in the near, mid and long-term

    Stratasys is well positioned to create value in the near, mid and long-term 4 Stratasys has the winning growth strategy e Aleading polymer 3D Printing provider addressing every stage of the product life cycle e Only profitable’ pure-play 3D Printing company Business is currently undervalued, moving

  6. Slide 6: Stratasys announced definitive agreement to combine with Desktop Metal

    On May 25, 2023, Stratasys (Nasdaq: SSYS) announced that it has entered into a definitive agreement to combine with Desktop Metal (NYSE: DM) in a ~$1.8B all-stock transaction expected to close in Q4 2023 Merger creates a next-generation AM company delivering industrial polymer, sand, metal and ceram

  7. Slide 7: Stratasys has strong governance and ESG practices

    Stratasys has strong governance and ESG practices e Board brings the right operational and technical expertise, diverse and unique insights into industry relationships, ESG best practices, and other public company considerations to drive Stratasys’ growth e Track record of shareholder trust reinforc

  8. Slide 8: Nano Dimension's offer substantially undervalues Stratasys

    nd 4 und Nano Dimension’s offer substantially ervalues Stratasys’ leadership positions and growth opportunities, which are even larger in light of the pending merger with Desktop Metal e Nano Dimension (“Nano”) final bid of $20.05 per share and tender offer of $18.00 per share reflect 1.6x' and 1.5x

  9. Slide 9: Nano Dimension's campaign is misinformed

    5 | Nano Dimension’s campaign is misinformed é + Nano’s proposals do not appear to reflect an understanding of Stratasys’ strategy, operations, and business model Nano Dimension’s misinformedviows | [Realty | — ‘ x “The market for polymers is full” v The polymer market opportunity is large and growi

  10. Slide 10: ISS, Glass Lewis and Egan Jones recommended Nano shareholders support Murchinson's proposals

    ISS, Glass Lewis and Egan Jones recommended Nano shareholders support Murchinson’s proposals for broad reforms to Nano’s Board Nano shareholders overwhelmingly supported all four Murchinson proposals, with ~92% of votes present at the March 20, 2023 special meeting, including the removal of Chairman

  11. Slide 11: Board unanimously recommends shareholders NOT tender shares into the Nano tender offer

    Stratasys’ Board of Directors unanimously recommends Stratasys shareholders NOT tender shares into the Nano tender offer Stratasys shareholders must take action to file a Notice of Objection to the special tender offer @ If Nano buys 36.5% of Stratasys shares outstanding, Nano’s special tender offer

  12. Slide 12: Agenda

    @ 2 3 4 5 6 Stratasys Combination Stratasys has Nano Dimension’s Nano Nano has the with Desktop best-in-class offer substantially Dimension’s Dimension’s ee Metal creates a governance and undervalues campaign is campaign is winning leading high ESG practices Stratasys’ misinformed opportunistic grow

  13. Slide 13: Stratasys at-a-glance

    Stratasys at-a-glance FIRST CHOICE POLYMER 3D PRINTING PROVIDER MULTIPLE TECHNOLOGIES & COMPLETE SOLUTIONS FOR SUPERIOR APPLICATION FIT CUSTOMERS ARE LEADERS IN MANUFACTURING, HEALTHCARE AND CONSUMER INDUSTRIES Patents supporting industry leading position 2,200+1 Leading 3D printing $651M? provider

  14. Slide 14: Key highlights

    Key highlights Stratasys is undervalued and moving to stronger and more profitable growth Successfully executing against its 2020 reframed “North Star” strategy Stratasys is a leader in innovation. Innovation can be seen in its expansion into new technologies, verticals and innovative use- cases — f

  15. Slide 15: Stratasys is well-positioned to generate significant value for shareholders

    Stratasys is well-positioned to generate significant value for shareholders in the near- to mid-term TRADING AT SIGNIFICANT DISCOUNT TO PEERS... COMPANY IS AT AN INFLECTION POINT 2023E EV/ Revenue ee 2.8x 2.7x 12s _zz a ai waste veo- BA ... DESPITE LEADING REVENUE AMONG PUBLIC 3D PRINTING COMPANIES

  16. Slide 16: Stratasys is successfully executing against its 2020 reframed strategy

    Stratasys is successfully executing against its 2020 reframed strategy REFRAMED STRATEGY ONGOING EXECUTION 5000 Tobecommenced ————> Completed EXECUTION UPDATE Defend the Core Business Broaden solution offering » Revenues from Polyjet and FDM are no longer declining + Furthering leadership in multipl

  17. Slide 17: Executing against reframed strategy (cont'd)

    Stratasys is successfully executing against its 2020 reframed strategy (cont'd) REFRAMED STRATEGY ONGOING EXECUTION 5000 Tobecommenced ————> Completed EXECUTION UPDATE Develop end-to-end Manufacturing Solutions (Use-Cases) Evolve our Go-To- Market * Focusing on unique offerings for high manufacturin

  18. Slide 18: Five key growth drivers and competitive advantage in polymer 3D manufacturing

    With five key growth drivers, we developed a competitive advantage to be a leader in polymer 3D manufacturing Stratasys’ key growth drivers: hardware / materials / software / services / use-cases fH >; © & & C_)) Broadest portfolio of Materials ecosystem Industry 4.0 software Customer success Use ca

  19. Slide 19: Multi-industry exposure and unparalleled market access

    Multi-industry exposure and unparalleled market access supported by our unique Go-To-Market strategy Aerospace Includes aviation, space flight and defense technologies, from producing flight-worthy parts for interior cabins to other end-use parts for aircraft Dental Includes dentistry and orthodonti

  20. Slide 20: Mid-term standalone plan toward becoming a $1B revenue company

    Our strategy is working and we are profitable today; Significant ongoing progress towards becoming a $1B revenue company OUR MID-TERM STANDALONE PLAN IS STRONG KEY HIGHLIGHTS SUPPORTING OUR OUTLOOK 2026 Outlook Revenue $1B+ Sustainable long-term growth ~15%-20%+ Gross margin 50%+ Operating income ma

  21. Slide 21: Strong TSR since listing despite challenging environment

    Stratasys has delivered strong TSR since listing despite challenging industry environment and ongoing transformation UNAFFECTED TSR SINCE STRATASYS BEGAN TRADING" 2 YEAR UNAFFECTED TSR Sstratasys | (Oy 3D SYSTEMS S (85)% na na (90)% 3D Printing companies Sstratasys 4 ap sysTeMS @Markforged * @Markfo

  22. Slide 22: Stratasys' unique profile positions it to be a leader in additive manufacturing

    Stratasys’ unique profile positions it to be a leader in the additive manufacturing sector KEY STRENGTHS 2020 ORIGIN Added new additive manufacturing platform to polymer production rps Expanded capabilities in stereolithography 3D Printing “5 technologies Inkbit Tecroleay created new applications fo

  23. Slide 23: Highly experienced team to execute its strategy

    Stratasys has a highly experienced team to execute its strategy Dr. Yoav Zeif CEO Joining date: 2020 Ph.D. in International Economies from Bar-llan University Former Partner, McKinsey, NY Division and Chief Commercial Officer at Netafim McKinsey ‘S Company ) ADAMA Richard Garrity Chief Industrial Bu

  24. Slide 24: Agenda

    1 e@ 8 4 5 6 Stratasys has Combination Stratasys has Nano Dimension’s Nano Nano the winning . best-in-class offer substantially Dimension’s Dimension’s growth strategy with Desktop governance and undervalues campaign is campaign is Metal creates ESG practices Stratasys’ misinformed opportunistic a l

  25. Slide 25: Combination with Desktop Metal will accelerate growth and deliver value

    Recently announced Combination with Desktop Metal will accelerate growth and deliver significant value for shareholders Delivers compelling strategic benefits in line with growth strategy, including: Scale « The first AM company to achieve comprehensive scale * Leading Polymer and Metal player, deli

  26. Slide 26: Transaction parameters and path to closing

    Transaction parameters and path to closing Consideration Transaction Terms Pro-forma Ownership Leadership Board of Directors Estimated Close Conditions to Closing Stock-for-stock merger Each share of Desktop Metal Class A common stock will be exchanged for 0.123 Stratasys ordinary shares Approximate

  27. Slide 27: Immense opportunity as AM shifts to mass production

    Immense opportunity as AM shifts to mass production AM TAM EXPECTED TO GROW TO $100B+ BY 2032 = Actual Forecast 120 $100+ Revenue ($bn) 2 o & =, $6 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2032 y 3S ‘Souroe: Wohler’s report, 2023 The 3D printing industry has gr

  28. Slide 28: Immense opportunity as AM shifts to mass production (cont'd)

    Immense opportunity as AM shifts to mass production (cont'd) Part quantity MANUFACTURING LIFE CYCLE The combined company will cover the full manufacturing life cycle Design’ Molds and Tooling Short run production Mass production Spare parts Prototyping Unique opportunity to drive growth by capturing

  29. Slide 29: End-use-parts manufacturing and mass production share of pro forma revenues

    End-use-parts manufacturing and mass production represents 50%+ of pro forma combined company revenues 2023E management mid-point guidance (HE Manufacturing and Mass production MW) besign, Research and pre-production $885M INDUSTRY CAGR (2022 — 2027) $650M 14% 49% POLYMER DESIGN, RESEARCH AND PRE- P

  30. Slide 30: Premier company in industrial AM with leading position across technologies

    Premier company in industrial AM with leading position across technologies PRO FORMA () HIGHLIGHTS 2023E REVENUE FOR PUBLIC AM COMPANIES: 30+ $8852 AM PLATFORMS 51% revenue from 4 5 0 + mass production $547M solutions QUALIFIED MATERIALS 27K $122M $106M 47K Ssuaiasys PeerA Peer B Peer C Desktop Meta

  31. Slide 31: Fully complementary AM platform offerings with minimal overlap

    Fully complementary AM platform offerings with minimal overlap Broad, unified portfolio across a number of materials and technologies MATERIAL TECHNOLOGY SFstratasys — Woh desktop Mets! se CASES Binder Jetting 4 Mass production Metal Extrusion v Manufacturing Metal Digital Sheet Forming v Mass produ

  32. Slide 32: Superior go-to-market strategy

    Superior go-to-market strategy Combined Global Distribution and Support Network @ combined Global Coverage 65+ COUNTRIES 300+ CHANNEL PARTNERS 45+ BEST IN CLASS KEY ACCOUNT 140+ SALES & MARKETING PERSONNEL 400+ CUSTOMER SUPPORT AND APPLICATION ENGINEERS PERSONNEL SPECIALTY CHANNELS for Dental 32

  33. Slide 33: Innovation powerhouse

    Innovation powerhouse ONE OF THE LARGEST IP PORTFOLIOS IN THE AM INDUSTRY % Stratasys ++ DDD, DesieopMetat 3,400+ PATENTS AND PENDING PATENT APPLICATIONS « Complementary IP portfolio across printers, software, processes and materials (polymer and metal) » Seminal patents already generating royalties

  34. Slide 34: Selected customers across end markets

    Selected customers across end markets Innovative solutions for clients at the cutting edge ~ = —_ Aerospace Includes aviation, space flight, and defense technologies Raytheon Zc ig LEONARDO Automotive Includes automotive OEMs, tier 1 to tier n’s, as well as bus, trucks, and motorcycles Te=SEn K Sort

  35. Slide 35: Significant run-rate synergy potential across the business

    Significant run-rate synergy potential across the business ANNUAL RUN-RATE COST SYNERGIES" COGS Other Opex Leverage scale to Synergies optimize Technology and manufacturing costs infrastructure optimization Corporate Costs and Other G&A Elimination of duplicative public company costs $50M ADDITIONAL

  36. Slide 36: Attractive financial model

    Attractive financial model pevenue Mid-term annual Segments (2023E mid-point 2025E target z revenue growth guidance) Mass production 51% 20% — 25% Prototyping 49% 5% — 10% Total revenue ~$885M 13% —18% $1.1B Sustainable long-term growth Gross margin Adj. EBITDA margin ~15%-20%+ 45%+ 10% — 12% PRO FO

  37. Slide 37: A combination with DM will unlock more value than Nano

    A combination with DM will unlock more value for shareholders and help drive the AM sector N BSAA SSN NANODIMENSION Desktop Metal Near COMMENTS 2022 Revenue $209M $44M DM has ~5x more scale than Nano 2022 Revenue per 474K DM is ~2: ici ‘h N, employee' $ $77K is ~2x more efficient than Nano (57%) aan

  38. Slide 38: Agenda

    1 2 @ 4 5 6 Stratasys has Combination Stratasys has Nano Dimension’s Nano Nano the winning with Desktop best-in-class offer substantially Dimension’s Dimension’s growth strategy Metal creates a undervalues campaign is campaign is leading high governance Stratasys’ misinformed opportunistic growth Ad

  39. Slide 39: Board is highly qualified with relevant sector experience and expertise

    Board is highly qualified with relevant sector experience and expertise 2° Dov Offer ‘Age: 68 | Chairman he vonn ¥. IMcEIeney ‘Age® 60 | Director 2) Jk Davia Rete ‘Age: 62 | Director ye Yair Seroussi ‘Age: 67 | Director Chairman of the Board since May 2020, director since July 2017 Former CEO of Lum

  40. Slide 40: Stratasys Board has the right mix of experience and skills

    Stratasys Board has the right mix of experience and skills BOARD COMPOSITION BOARD OVERVIEW Board composition continually evaluated to maintain the right balance of skills, experience, diversity and tenure Directors have deep expertise and knowledge across relevant industries and public Boards Strat

  41. Slide 41: Shareholders overwhelmingly support the Board

    Shareholders overwhelmingly support the Board VOTER SUPPORT IN AGMs* KEY OBSERVATIONS Dov Ofer S. Scott Crump John J. McEleney Ziva Patir Michael Schoellhorn Yair Seroussi David Reis. | Bre ahaha 1 Rounded to the nearest decimal 2021 98% 97% 99% 99% 97% 99% 91% 99% 2022 96% 95% 99% 99% 95% 99% 90% 9

  42. Slide 42: Directors are compensated in line with market standards

    Stratasys’ Directors are compensated in line with market standards and their incentives are aligned with shareholders ¥ Stratasys directors’ compe is majority equity-based and therefore aligns directors’ interests with the interests of Stratasys shareholders COMMENTARY Director cash compensation is

  43. Slide 43: Agenda

    1 2 3 @ 5 6 Stratasys has Combination Stratasys has best- Nano Nano Nano the winning with Desktop in-class Dimension’s offer Dimension’s Dimension’s growth strategy Metal creates a governance and substantially campaign is campaign is leading high ESG practices undervalues misinformed opportunistic g

  44. Slide 44: Nano Dimension's bids and tender offer substantially undervalue Stratasys

    Nano Dimension’s bids and tender offer substantially undervalue Stratasys SUMMARY OF NANO BID RECEIVED SPECIAL TENDER OFFER ’ Implied premium / Implied ‘: On May 25, 2023, Nano launched a special Implied offer 4 Market cap 23E EV/ Pete: price / premiumt eee aig (sm) a Widdaun tender offer of $18.00

  45. Slide 45: Bid and tender offer undervalue Stratasys versus comparable companies

    Nano Dimension’s bid and tender offer substantially undervalue Stratasys $20.05 per share offer implies 1.6x° CY23E EV / Sales and $18.00 per share tender offer implies 1.5x multiple Comparable companies ab 3D SYSTEMS: “BDA, Desktop Metal “VELO” Median EV / CY23E EV /CY24E Revenue Revenue 1.9x 1.8x

  46. Slide 46: Sell-side analysts say the offer grossly undervalues the Company

    Sell-side research analysts publicly have expressed views that the Offer grossly undervalues the Company STRATASYS RESEARCH ANALYST PERSPECTIVES Broker Lake Street Craig-Hallum Needham Berenberg Loop Capital Oppenheimer Credit Suisse Median Source: Rating date 05/25/23 05/25/23 05/25/23 05/23/23 05/

  47. Slide 47: Nano Board and CEO presided over corporate governance failings

    Nano Board and CEO presided over corporate governance failings Lagging performance @ Nano’s stock price has traded well below the cash value per share on its balance sheet for over a year, raising questions about whether Nano’s Board and management will misuse the cash Pay and performance misalignme

  48. Slide 48: Agenda

    1 2 3 4 @ 6 Stratasys has Combination Stratasys has best- Nano Dimension’s Nano Nano the winning with Desktop in-class offer substantially Dimension’s Dimension’s growth strategy Metal creates a governance and undervalues 5 a campaign is leading high ESG practices Stratasys’ campaign Is opportunisti

  49. Slide 49: Nano's campaign is built on flawed assumptions

    Nano’s campaign is built on flawed assumptions and a poor understanding of Stratasys NANO’S MISINFORMED VIEWS 1 “The market for polymers is full” 2 “(Stratasys’) services business...(is) prototypes mostly” 3 “The (services business) competes with their customers... (it) doesn’t work” “(Stratasys has

  50. Slide 50: Large and growing TAM providing a springboard for top-line growth

    1. Large and growing TAM providing a springboard for Stratasys’ top- line growth $20K+ POLYMER REVENUE BY TECHNOLOGY ($B) STRATASYS POSITION BY TECHNOLOGY By technology' By application ve mr ercas Technology SSYS ranking DLP Prototypes / Models mos 17.3 Hl Tools / Cores 4173 PJ #1 Jetting : Extrusio

  51. Slide 51: Industry-leading systems portfolio for prototyping and manufacturing

    2. Industry-leading systems portfolio addressing both prototyping as well as additive manufacturing requirements UV-curable Advanced Polymer Photopolymer Thermoplastic Polymers Polymer PolyJet Stereolithography FDM Origin P3 SAF Prototypes / medical Prototypes / Manufacturing tools Mass Mass dental

  52. Slide 52: Industries are turning to 3D Printing for end-use parts

    2. Industries are turning to 3D Printing for end-use parts Service bureaus Automotive Industrial machinery Consumer goods cma — Components like Impact resistant parts Electronic housings, Covers, clips, hinges, clips, snap fit such as shatter-proof covers, brackets, housings, parts such parts suchas

  53. Slide 53: Printing technologies provide additive manufacturing at industrial scale

    2. Stratasys printing technologies provide additive manufacturing at industrial scale ALSTOM Goal: Grow % of BOM on Reducing tooling costs by Reducing spare part lead UAVs from <1% up to 50% 80% vs. machined parts times by 95%

  54. Slide 54: Diversified portfolio of materials with broad manufacturing use cases

    2. Diversified portfolio of materials with broad manufacturing use cases Stratasys agrees to acquire Covestro’s AM materials business New Validated industrial materials for Origin One 3D Printer 13 Validated FDM materials and OpenAM now available TrueDent - FDA 510(k) clearance for revolutionary den

  55. Slide 55: Services business is highly critical and synergistic to other offerings

    3. Stratasys’ services business is highly critical and synergistic to other offerings + Direct Manufacturing is an integral component of the Stratasys innovation ecosystem — feedback from Direct manufacturing Innovation helped in the development of the Origin One and H350 printers + Broad use cases

  56. Slide 56: The GrabCAD software platform

    4. The GrabCAD platform — large polymer materials portfolio Software platform — most advanced to integrate with MFG industry Stratasys does not offer multiple different softwares to customers; Grab CAD is offered as a single software platform THE DIGITAL THREAD OUR SOFTWARE PARTNERS eer Enterprise D

  57. Slide 57: M&A and collaborations have driven growth and diversification

    5. M&A and collaborations have driven growth and diversification across our business lines ADDITIVE SOFTWARE BIOPRINTING SOFTWARE MANUFACTURING MASS PRODUCTION AXIAL3D FF collPlant riven CO ssemteoesy = ORIGIN + $10M strategic investment + Axial3D’s Al-powered algorithms shave hours off time to prep

  58. Slide 58: Agenda

    ‘| 2 8 4 5 e@ Stratasys has Combination Stratasys has best- Nano Dimension’s Nano Dimension’s Nano the winning with Desktop in-class offer substantially campaign is A Any growth strategy Metal creates a governance and undervalues misinformed Dimension’ Ss leading high ESG practices Stratasys’ campai

  59. Slide 59: Stratasys believes that:

    Stratasys believes that: Nano will not be able to manage a sizable business like Stratasys given Nano’s sub-scale operations and lack of experience in running a large operating company Nano Dimension’s Nano has a track record of poor governance policies campaign is of questionable aut ority of Direc

  60. Slide 60: Nano Dimension has a poor track record of governance policies

    We believe Nano Dimension has a poor track record of governance policies Nano does not disclose the voting results of its Director elections and changes classification of directors to avoid facing shareholder votes Nano’s classified Board with 3-year terms limits the ability of shareholders to hold

  61. Slide 61: Legal legitimacy of Nano Dimension's entire campaign is questionable

    Legal legitimacy of Nano Dimension’s entire campaign is questionable Prima facie doubt whether decisions made by Nano’s management have been made with legitimate authority; this campaign is acting as a distraction for Nano’s shareholders from Nano’s ongoing internal issues Murchinson’s proposals to

  62. Slide 62: Nano Dimension has repeatedly misrepresented facts

    Nano Dimension has repeatedly misrepresented facts Source: Nar 03/142: “Yoav (Zeif) and me [sic] are talking” “| have met with two or three (current members of the Stratasys Board) ... (they said the company) is going nowhere” “The Board of Stratasys are paying themselves cash...They’re not really s

  63. Slide 63: Nano Dimension has sub-scale operations relative to Stratasys

    Nano Dimension has sub-scale operations relative to Stratasys @ Sstratasys 2022 REVENUE ($M) 2022 GROSS PROFIT ($M)* 2022 ADJUSTED EBITDA ($M) 651 3 < o 312 2 z 2 . ee : “4 = (89) REVENUE PER EMPLOYEE ($)? PATENTS? a 3 326K z= 1,700 z [v4 w a 2 77K 80 2,000 employees 564 employees Nano does not have

  64. Slide 64: Concluding remarks

    Concluding remarks Stratasys has the winning growth strategy Innovative, resilient and highly scalable business model with industry leading GTM strategy positions Stratasys for sustained, profitable growth Combination with Desktop Metal creates a leading high growth Additive Manufacturing company Me

  65. Slide 65: Appendix

    Appendix

  66. Slide 66: Reiterating 2023 Outlook

    Reiterating 2023 Outlook Sequential growth through the year Improving, with stronger 2H 2023 range: $620M-$670M = 2023 range: 48.0%-49.0% 2H notably stronger than 1H Targeting 50%+ in next few years 2022 revenue without MakerBot: $625M Improving as a percent of revenue Improving through the year 202

  67. Slide 67: Customer success stories across end-use markets

    Customer success stories across end-use markets Innovative solutions for clients at the cutting edge Ss Aerospace Automotive Includes aviation, Includes automotive space flight, and OEMs, tier 1 to tier n’s, defense technologies as well as bus, trucks, and motorcycles §é Boom wun = Medical Includes

  68. Slide 68: $35B growth opportunity in dental mass production

    $35B GROWTH OPPORTUNITY IN DENTAL MASS PRODUCTION Leading brands and superior technology to drive outsize growth in dental restorative market + Insurance reimbursement on printed restorations available in US since Q1 23. Creates a $35B opportunity for AM to grow from <5% to >80% this decade + Strate

  69. Slide 69: $100B growth opportunity in metal, carbides and ceramics

    $100B GROWTH OPPORTUNITY IN METAL, CARBIDES AND CERAMICS Bringing true mass production to metal additive manufacturing The industry’s leading global position in binder jet with the highest throughput systems, over 15 print platforms covering 1L to 1,800L print volumes and more than +45 materials qua

  70. Slide 70: SSYS and DM are already transforming polymer mass-production

    SSYS and DM are already transforming polymer mass-production Select applications in mass-production SPARE PARTS FOAM SOLUTION FOR LARGE PARTS INDUSTRIAL REPLACEMENT INDUSTRIAL ACCURATE PARTS (ANYTHING ANYWHERE) IN AEROSPACE & AUTOMOTIVE OF INJECTION MOLDING (E.G., CONNECTORS) >

  71. Slide 71: Non-GAAP reconciliation

    Non-GAAP reconciliation Twelve months ended December 31, 2022 GAAP Adjustments Non-GAAP Gross Profit (1) $276,467 $36,016 $312,483 Operating income (Loss) (1,2) (67,159) 70,691 13,532 Net income (Loss) (1,2,3) (28,974) 39,235 10,261 1) Acquired intangible assets amortization expense 28,158 Non-cash

  72. Slide 72: Forward-Looking Statements

    Forward-Looking Statements This document contains forward-looking statements that involve risks, uncertainties and assumptions. If the risks or uncertainties ever materialize or the assumptions prove incorrect, the actual results of Stratasys Ltd. and its consolidated subsidiaries (“Stratasys”) may

Desktop Metal — Merger or Acquisition (May 2023) on 6ix