Xp Power Ltd. · LSE:XPP

Xp Power — Q3 2022 Earnings Presentation

6 slides from Xp Power's earnings presentation, Oct 11, 2022

1. Slide 1: Q3 2022 Trading Update Investor Call

   Q3 2022 Trading Update Investor Call 11 t h Oc tob e r 2022

2. Slide 2: Q3 and YTD Performance - FY Outlook unchanged

   Q3 and YTD Performance - FY Outlook unchanged Q3 ORDERS Q3 REVENUE Q3 BOOK TO BILL NET DEBT3 £101.1 million £79.4 million 1.27x £118.7 million -8% CER1 +15% CER1 Increase of £16.7m or 28% sequentially YTD ORDERS YTD REVENUE YTD BOOK TO BILL Net debt rise relates to FX impact on balance sheet, £294.2

3. Slide 3: Our efforts combined with improving supply chain gives revenue confidence beyond 12 months

   Our efforts combined with improving supply chain gives revenue confidence beyond 12 months • Order book now c. £324m with 80%+ (£'m) Revenue vs. Backlog to be delivered in next 5 quarters 350 • Increased visibility of delivery profile will assist 300 supply chain planning and inventory reduction • C

4. Slide 4: Q3 Progress Update

   Q3 Progress Update Direction Comment - Revised expectations unchanged for full year Outlook - Q3 trading performance much improved, with further improvement in Q4 expected - Q3 book to bill of 1.27x, on larger absolute base, and committed backlog of c.£324m providing significant visibility into 2023

5. Slide 5: XP Power Investment Case – remains intact

   XP Power Investment Case – remains intact Investing in Growing Markets Leadership and People • Exposed to high growth markets • Entrepreneurial culture • Strong Customer relationships • Employee Engagement • Balanced product portfolio • Able to attract and retain the best talent • Revenue annuity At

6. Slide 6: XP Power

   ‘3 XP Power POWERING THE WORLD'S CRITICAL SYSTEMS

XP Power — Q3 2022 Earnings Presentation on 6ix