Slide 1: APA Investor Technology Showcase
August 20, 2026 APA INVESTOR TECHNOLOGY SHOWCASE
Slide 2: Disclaimer
DISCLAIMER FORWARD LOOKING STATEMENTS This presentation contains forward-looking statements that are based on our management’s beliefs and assumptions and on information MARKET AND INDUSTRY DATA currently available to our management. Forward-looking statements include information concerning our poss
Slide 3: Today's Agenda
TODAY’S AGENDA ARRAY’S DIFFERENTIATION THROUGH KEY TAKEAWAYS 1 TECHNICAL INTEROPERABILITY 5 Kevin Hostetler, ARRAY CEO Kevin G. Hostetler, ARRAY CEO APA: BUILDING AN INTEGRATED 2 UTILITY-SCALE PLATFORM 6 EXECUTIVE Q&A SESSION Josh Von Deylen, APA Solar Founder & CEO Joe Von Deylen, APA Solar Founder
Slide 4: Array's Differentiation Through Technical Interoperability
ARRAY’S DIFFERENTIATION THROUGH TECHNICAL INTEROPERABILITY Kevin G. Hostetler ARRAY CEO
Slide 5: Evolving from pure-play tracker company into integrated energy infrastructure platform
WE ARE EVOLVING FROM A PURE-PLAY TRACKER COMPANY INTO A TECHNICALLY INTEGRATED ENERGY INFRASTRUCTURE PLATFORM THAT EXPANDS OUR PROJECT SHARE THROUGH INTEROPERABLE SOLUTIONS
Slide 6: What You Will Hear Today
WHAT YOU WILL HEAR TODAY 1 APA is a highly differentiated strategic asset with proven synergy potential 2 Customer demand for technically integrated utility-scale solar solutions is growing 3 ARRAY’s balance-of-system strategy is expanding its addressable market and share of wallet 4 APA and AWM1 de
Slide 7: Array's Momentum Continues to Build
ARRAY’S MOMENTUM CONTINUES TO BUILD A leading provider of utility-scale solar tracking and engineered foundation solutions STRONG MOMENTUM A global leader ~Half of orderbook 259 total active patents, $2.5 billion advancing the future of is tier-1 utilities, IPPs, 230 additional pending record orderb
Slide 8: Strategic Priorities Guiding Profitable Growth and Global Scale
STRATEGIC PRIORITIES GUIDING PROFITABLE GROWTH AND GLOBAL SCALE INNOVATE OUR FUTURE | ELEVATE OUR INTERNATIONAL BUSINESS ADVANCE OUR CUSTOMER-FIRST CULTURE New Products %(1) ~50% $2.5B Record orderbook 7% 1Q24 2Q26 Expanded key growth markets — contracts Introduced DuraTrack D2STM for international
Slide 9: Strong U.S. Solar Demand Creates Opportunities to Expand Share of Wallet
STRONG U.S. SOLAR DEMAND CREATES OPPORTUNITIES TO EXPAND SHARE OF WALLET Significant potential 36-39 adjacent opportunities of annual projected U.S. within utility-scale utility-scale solar solar and BESS to further expand TAM GW shipments through 20301 >�150M Wire Management 100 of annual U.S. util
Slide 10: Customers Are Prioritizing Integrated Solutions
CUSTOMERS ARE PRIORITIZING INTEGRATED SOLUTIONS As utility-scale solar projects grow larger and more complex, customers are increasingly seeking technically integrated solutions that reduce execution risk + + PREFERENCES ARE SHIFTING TOWARDS: Integrated tracker + foundation solutions LARGER MORE DIV
Slide 11: Array Has Evolved to Meet Changing Customer Needs
ARRAY HAS EVOLVED TO MEET CHANGING CUSTOMER NEEDS Through accelerating innovation and disciplined M&A, ARRAY has expanded its participation across the utility-scale solar project lifecycle OmniTrack® SkyLink DuraTrack D2S DuraTrack® 60° AWM Acquisition1 Terrain-following Wireless, PV-powered Brings
Slide 12: Advancing Array's Balance-of-System Strategy
ADVANCING ARRAY’S BALANCE-OF-SYSTEM STRATEGY Transforming from a tracker leader to a technically integrated energy infrastructure platform SOFTWARE & AI ENGINEERING, DESIGN, & FIELD SERVICES CONTROLS A technically integrated platform driving higher energy ELECTRICAL BOS yield, lower installed cost,
Slide 13: Building Array's Integrated Energy Infrastructure Platform
BUILDING ARRAY'S INTEGRATED ENERGY INFRASTRUCTURE PLATFORM Building a more technically integrated balance-of-system platform that creates greater customer value 1 2 3 4 5 ACQUIRE INTEGRATE ENGINEER CREATE DRIVE CATEGORY INTO BOS INNOVATIVE CUSTOMER SHAREHOLDER LEADERS PLATFORM TECHNOLOGIES VALUE VAL
Slide 14: Approach to M&A Is a Differentiator
APPROACH TO M&A IS A DIFFERENTIATOR Disciplined acquisition criteria focused on strategic fit, integration potential, and value creation STRATEGIC FIT MARKET POSITIONING TECHNICAL Expands our BOS platform High performers in category INTEROPERABILITY Aligns with ARRAY's long-term or differentiated ni
Slide 15: How APA & AWM Fit the Framework
HOW APA & AWM FIT THE FRAMEWORK 1 ACQUISITION CRITERIA Expands ARRAY into the critical Expected to expand ARRAY's BOS STRATEGIC FIT foundations layer platform with cable management A leading U.S. provider of fixed-tilt and A leading independent utility-scale MARKET LEADERSHIP tracker foundations cab
Slide 16: Our Strategy in Action
OUR STRATEGY IN ACTION Upon close, AWM1 would extend ARRAY’s balance-of-system platform, expanding customer value proposition into wire management, BESS, and datacenter applications A Leading Wire Proven utility-scale performance Management Proprietary engineering & IP WHY IT MATTERS Solutions Provi
Slide 17: APA Integration Is Progressing Well
APA INTEGRATION IS PROGRESSING WELL Acquired in August 2025 and delivering significant growth in its first year under ARRAY leadership BOOKINGS MOMENTUM REVENUE GROWTH YTD YoY, first year under �1.5X YTD Book-to-Bill A-Frame quote requests up ~50% in 2Q26 vs 1Q26 +17% ARRAY YoY growth expected to ac
Slide 18: Integration Priorities Over Next Year
INTEGRATION PRIORITIES OVER NEXT YEAR Focused on scaling integrated solutions, capturing synergies, and strengthening APA as a long- term growth platform within ARRAY CONTINUE STRENGTHENING OPERATING MODEL SCALE INTEGRATED PRODUCT OFFERING Launch new tracker + foundation solution Continue integratio
Slide 19: APA Is Built for Long-Term Profitable Growth
APA IS BUILT FOR LONG-TERM PROFITABLE GROWTH Scaling revenue, expanding margins, and diversifying the platform over the next 3–5 years EXPECTED FORWARD FINANCIAL PROFILE Significant ~20%→50% High-20s% High-Teens Double-Digit ENGINEERED FOUNDATIONS ADJ. GROSS MARGIN1 Expected to improve from ADJ. EBI
Slide 20: Disciplined Capital Allocation Framework
DISCIPLINED CAPITAL ALLOCATION FRAMEWORK Prioritizing investment in organic growth, a strong capital structure, and strategic M&A INVEST IN ORGANIC GROWTH ► Voice of customer ► Cost out initiatives Fund high-return opportunities that extend product leadership ► Profitability optimization and expand
Slide 21: Our Differentiated Balance-of-System Strategy Is Creating Customer Value
OUR DIFFERENTIATED BALANCE-OF-SYSTEM STRATEGY IS CREATING CUSTOMER VALUE EXPANDING STRENGTHENING BUILDING A MORE BEYOND CUSTOMER VALUE INTEGRATED TRACKERS PROPOSITION PLATFORM Increased customer relevance Larger addressable market Better project economics & platform stickiness Improved installation
Slide 22: APA: Building an Integrated Utility-Scale Platform
APA: BUILDING AN INTEGRATED UTILITY-SCALE PLATFORM Josh Von Deylen Joe Von Deylen APA Solar Founder & CEO APA Solar Founder & COO
Slide 23: Proven Partner in Solar Foundations & Racking
PROVEN PARTNER IN SOLAR FOUNDATIONS & RACKING Evolving into a comprehensive, foundation-led solutions platform with differentiated engineering expertise and expanded opportunity with ARRAY WHO WE ARE WHY CUSTOMERS CHOOSE APA POSITIONED FOR GROWTH 17+ years serving the solar industry Foundation-first
Slide 24: APA Has Delivered Rapid Growth Through Market Expansion & Share Gain
APA HAS DELIVERED RAPID GROWTH THROUGH MARKET EXPANSION & SHARE GAIN Entered the market focused on ground mount fixed-tilt systems REVENUE �130M(1) GROWTH Built a reputation on durable design, installation efficiency, and reliable execution Significant Double Expanded foundation expertise for increa
Slide 25: A Leading Product Portfolio
A LEADING PRODUCT PORTFOLIO ENGINEERED FOUNDATION FIXED-TILT MOUNTING SYSTEMS TRACKER INTERFACE SOLUTIONS SCREW HELICAL Best suited for Ideal for high Engineered A-Frame® rocky soils, hard water tables, soft foundations ideal for pan, or bedrock soils, deep frost difficult soil conditions and clay l
Slide 26: Unmatched Customer Value Proposition
UNMATCHED CUSTOMER VALUE PROPOSITION Integrated capabilities that strengthen customer relationships and deliver results IN-HOUSE ENGINEERING FOUNDATION TESTING Custom foundations optimized Real-world foundation for efficiency performance validation Better project economics Data-driven risk and cost
Slide 27: Drivers for Fixed Tilt & Engineered Foundations
DRIVERS FOR FIXED TILT & ENGINEERED FOUNDATIONS U.S. Utility Fixed-Tilt Projected Shipments OVERALL FIXED TILT MARKET In Gigawatts AI-driven data centers and growing power demand are expanding utility- scale and C&I fixed-tilt deployment, creating a larger addressable market 3.7 3.5 3.2 3.0 Utility-
Slide 28: Challenging Site Conditions Are Expanding the Opportunity for Engineered Foundations
CHALLENGING SITE CONDITIONS ARE EXPANDING THE OPPORTUNITY FOR ENGINEERED FOUNDATIONS Engineered A-Frame foundations help address multiple challenging site conditions, reducing installation risk and delivering value on large utility-scale solar projects LOW HIGH 1 2 3 4 HIGH FROST SHALLOW RESTRICTIVE
Slide 29: Why Engineered Foundations Are Gaining Share
WHY ENGINEERED FOUNDATIONS ARE GAINING SHARE ENGINEERED FOUNDATION ALTERNATIVES TRADITIONAL APPROACH SUBSURFACE TRACKER INTERFACE SINGLE SUBSURFACE & Ground Screws – Galvanized Above ground support for the tracker, TRACKER INTERFACE panels, and balance-of-system steel screws for rocky or dense H-Pil
Slide 30: Array Atlas Delivers an Integrated Solution Across Soil Conditions
ARRAY ATLAS DELIVERS AN INTEGRATED SOLUTION ACROSS SOIL CONDITIONS SHARED ACROSS BOTH: Atlas I For standard soil conditions The Atlas Bearing housing, configurable for 52°,60° or 77° by changing the bearing’s hard stop only Integrated foundation-to-tracker solution that modernizes traditional driven
Slide 31: Atlas I
ATLAS I Foundation-to-tracker solution designed for standard, favorable soil FOUR BEARING CONNECTIONS conditions to improve project Requires only four field connections, helping streamline installation, reduce labor time, and execution simplify crew workflows on-site. ATLAS BEARING SHORTER DRIVEN-PI
Slide 32: Atlas II
ATLAS II Foundation-to-tracker solution built TERRAIN-FOLLOWING CAPABILITY on APA's proven A-Frame® approach Purpose-built to support terrain-following across for challenging soil conditions ARRAY tracker systems. Extends flexibility from the foundation through the tracker, helping projects adapt to
Slide 33: Foundation Testing Extends APA's Engineering Advantage
FOUNDATION TESTING EXTENDS APA’S ENGINEERING ADVANTAGE Dedicated field testing validates real-world site conditions to reduce foundation risk before it impacts cost, schedule, or execution REDUCE COST Avoid overdesign and unnecessary material costs Optimize foundation design for site conditions REDU
Slide 34: Site-Wide Geotechnical Data Establishes the Starting Point
SITE-WIDE GEOTECHNICAL DATA ESTABLISHES THE STARTING POINT Understanding site variability through field data CAPTURING SUBSURFACE CONDITIONS ACROSS THE FULL PROJECT FOOTPRINT Distributed boring log locations Testing density aligned to site complexity Accessibility and coverage impact data quality Re
Slide 35: Foundation Testing Converts Field Data Into Real-Time Design Decisions
FOUNDATION TESTING CONVERTS FIELD DATA INTO REAL-TIME DESIGN DECISIONS Turning field testing into engineering insight CAPACITY TESTING SOIL PROBING FOUNDATION ZONE Measures in-site load capacity Defines variability across the site Assigns foundation types by condition Confirms design thresholds Esta
Slide 36: Better Engineering Inputs Drive Stronger and More Predictable Project Performance
BETTER ENGINEERING INPUTS DRIVE STRONGER AND MORE PREDICTABLE PROJECT PERFORMANCE Delivering excellence through engineering discipline COST EFFICIENCY CAPITAL EFFICIENCY Reduces systematic overdesign Improves accuracy of upfront designs Optimizes material use based on real data Reduces reliance on c
Slide 37: APA's Next Phase of Growth
APA'S NEXT PHASE OF GROWTH Positioned to expand through deeper customer relationships, broader project participation, and market expansion ATLAS FURTHER EXPANSION IN GROWTH PORTFOLIO UTILITY-SCALE SOLAR OPPORTUNITIES Integrated foundation-to-tracker Leverage ARRAY's customer Expand manufacturing cap
Slide 38: Innovation & Technical Selling as a Competitive Advantage
INNOVATION & TECHNICAL SELLING AS A COMPETITIVE ADVANTAGE Nick Strevel Darin Green Chief Product Officer Chief Revenue Officer
Slide 39: How Innovation and Differentiation Drives Customer and Shareholder Value
HOW INNOVATION AND DIFFERENTIATION DRIVES CUSTOMER AND SHAREHOLDER VALUE ARRAY + APA transforms customer challenges into differentiated solutions that improve project outcomes, strengthen competitive advantage, and create long-term value VALUE DISCOVERY INNOVATION DIFFERENTIATION VALUE CAPTURE LONG-
Slide 40: Customer Requirements Define Product Strategy
CUSTOMER REQUIREMENTS DEFINE PRODUCT STRATEGY Optimizing every project with integrated solutions that improve customer economics and strengthen ARRAY's competitive advantage SITE COMPATIBILITY PRODUCT OFFERINGS BUILT FOR VARYING SITE CONDITIONS FAVORABLE SCHEDULE CERTAINTY CONDITIONS INSTALLATION EF
Slide 41: Array Product Platform Enhancements Through 2025
ARRAY PRODUCT PLATFORM ENHANCEMENTS THROUGH 2025 Expanding our industry-leading tracker platforms with advanced solutions for all terrains, weather, and performance SmarTrack® Terrain Adaptive Backtracking Diffuse Weather Response Hail Alert Response Automated Snow Response DuraTrack® The gold stand
Slide 42: 2026 Delivers Our Most Ambitious Year of Innovation
2026 DELIVERS OUR MOST AMBITIOUS YEAR OF INNOVATION Five major product launches are expanding ARRAY's platform, strengthening customer differentiation, and building momentum beyond 2026 DuraTrack® DuraTrack D2STM OmniTrack® 2.0 AtlasTM I AtlasTM II 60° Variant ► Brings differentiated features ► New
Slide 43: Software Momentum Is Accelerating
SOFTWARE MOMENTUM IS ACCELERATING SmarTrack® intelligence and the GoARRAY commissioning app extend ARRAY's software layer from installation through operation BACKTRACKING + DIFFUSE HAIL ALERT RESPONSE (HAR) GoARRAY COMMISSIONING APP Attach is growing and 2026 Automated stow execution is Guided mobil
Slide 44: Quantifying Value Earlier and Deeper Through a Technical Sales Framework
QUANTIFYING VALUE EARLIER AND DEEPER THROUGH A TECHNICAL SALES FRAMEWORK EXPANDING THE SCOPE OF HOW HOW WE CREATE VALUE WE COMPARE OURSELVES TO THE COMPETITION UTILITY & DEVELOPER VALUE EPC Value Tracker Quote Lower LCOE Faster installation Higher project returns Lower labor costs Geotechnic
Slide 45: Differentiated Offerings That Create Real Value
DIFFERENTIATED OFFERINGS THAT CREATE REAL VALUE Optimizing performance, reliability, and project economics to deliver the best outcomes for customers and strengthen ARRAY's competitive advantage PERFORMANCE & ENERGY Wind XPTM Higher energy yield SmarTrack® and project returns RELIABILITY & RESILIENC
Slide 46: Wind XP: Patented Passive Wind Stow Fundamentals
WIND XPTM: PATENTED PASSIVE WIND STOW FUNDAMENTALS Competitors’ Active Stow Wind XP Energy Benefits Measure wind speed and actively stow before critical wind Wind XP Energy Gain % ARRAY Passive Stow Mechanical torsion limiter allows precise “on-demand” stowing +4% Average energy gain for projects in
Slide 47: Array's Table Density Benefit Fundamentals
ARRAY’S TABLE DENSITY BENEFIT FUNDAMENTALS Fewer gaps in ARRAY’s N-S spacing of the tracker allow it to achieve a higher DC target on a site and achieve higher yield relative to trackers with bearing house assembly gaps Bearing House Assembly Gaps Motor/Driveline Gap Competitor >5% more power densit
Slide 48: Table Density = Design Flexibility
TABLE DENSITY = DESIGN FLEXIBILITY Array’s high density tracker architecture creates more design options to maximize project value 1 More 2 More SAME NUMBER OF TABLES, MORE EAST-WEST SPACING Capacity Energy More Capacity More Energy 3 Fewer ACHIEVE SAME CAPACITY WITH ONLY FULL LENGTH ROWS 4 Minimize
Slide 49: Improving Customer Experience Through Integrated Offerings
IMPROVING CUSTOMER EXPERIENCE THROUGH INTEGRATED OFFERINGS DuraTrack® 60° Variant Voice of customer approach to product roadmap enhancement expected to unlock annual GW+ pipeline in hail risk geographies 1.4 GW OmniTrack® Solar + Storage Project “Maximizing energy generation in a high wind environme
Slide 50: Customer-Led Strategy Is Driving Commercial Momentum
CUSTOMER-LED STRATEGY IS DRIVING COMMERCIAL MOMENTUM ORDERBOOK PROGRESSION $2.4B $2.5B Differentiated innovation is $2.2B translating into measurable $1.8B $1.9B customer adoption and growth 2Q25 3Q25 4Q251 1Q26 2Q26 ORDERBOOK GROWTH SOFTWARE MOMENTUM NEW PRODUCT ADOPTION 37% YoY >100% ~50% software
Slide 51: Array + APA Strengthens Long-Term Positioning in Energy Infrastructure
ARRAY + APA STRENGTHENS LONG-TERM POSITIONING IN ENERGY INFRASTRUCTURE INTEGRATED TECHNICAL COMMERCIAL SCALABLE SOLUTIONS ADVANTAGE RELEVANCE INNOVATION A broader platform Customer-specific LCOE-driven selling and AI-enabled processes spanning trackers, engineering insight measurable value that and
Slide 52: Key Takeaways
KEY TAKEAWAYS Kevin G. Hostetler ARRAY CEO
Slide 53: Investment Thesis
INVESTMENT THESIS CAPITALIZING ON DRIVING CUSTOMER EXPANDING GLOBAL EXECUTING FOR ATTRACTIVE LONG- VALUE THROUGH PLATFORM AND STRONG LONG-TERM VALUE TERM SOLAR DIFFERENTIATED COMMERCIAL CREATION GROWTH TECHNOLOGY MOMENTUM Disciplined cost structure and Utility-scale solar remains Proven, high-qualit
Slide 54: Follow Us
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Slide 55: Speaker Bios
ARRAY >» Speaker Bios
Slide 56: Kevin Hostetler
Kevin Hostetler has been ARRAY’s CEO since April 2022. He has over 25 years of global industrial business leadership experience having transformed multiple engineered products and services companies throughout his career. Prior to ARRAY, Kevin served as Chief Executive Officer at Rotork, a market-le
Slide 57: Josh Von Deylen
Josh Von Deylen is the Chief Executive Officer of APA Solar. After earning a Bachelor of Science in Business Marketing from Bowling Green State University, he began his career at Alex Products, developing expertise in estimating, sales, and customer engagement before helping launch APA Solar in 2008
Slide 58: Joe Von Deylen
As the Chief Operating Officer of APA Solar, Joe Von Deylen is a cross-functional operations and product development leader whose career spans manufacturing, foundations, installation services, and solar racking innovation. Since joining the company after graduating from Bowling Green State Universi
Slide 59: Darin Green
Darin Green serves as Chief Revenue Officer at ARRAY Technologies. With over two decades of experience in the renewable energy industry, he brings extensive expertise in driving revenue growth, building high-performing teams, and executing customer-centric strategies. Green has a proven track record
Slide 60: Nick Strevel
Nick Strevel is the Chief Product Officer overseeing Product Management, Technical Sales, and Applications Engineering at ARRAY Technologies. Nick has strengthened ARRAY’s product management and product marketing capabilities while building real momentum with Technical Sales tightening the connectio