Taylor Devices, Inc. · NASDAQ:TAYD
Taylor Devices — Shareholder Meeting (October 2025)
52 slides from Taylor Devices's shareholder meeting presentation, Oct 17, 2025
Slide 1: Annual Shareholders Meeting 2025
Welcome to Taylor Devices, Inc. Annual Shareholders Meeting 2025 October 17
Slide 2: Cautionary Statement
Cautionary Statement This presentation includes “forward looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. We intend such forward-looking statements to be covered by the Safe Harbor Provision and are including this statement for the purpose of such Safe
Slide 3: FY 2025 Overview
FY 2025 Overview • CEO report – Tim Sopko • Business Development and Sales report – Alan Klembczyk/Stuart Buckley • Operations report – Bob Conrad • CFO report – Paul Heary
Slide 4: CEO Report
Taylor Devices, Inc. Shareholders Meeting Tim Sopko Chief Executive Officer CEO Report October 17 2025
Slide 5: FY 2025 Highlights
FY 2025 Highlights Another very good year for Taylor Devices! • New record high Sales of $46.3M up 4% from last year’s $44.6M (prior record high), with the average over the past five fiscal years of $36.9M. • Bookings of $40.3M down from last year’s $45.2M, but still 3rd highest in the company’s his
Slide 6: FY 2025 Highlights
FY 2025 Highlights Another very good year for Taylor Devices! • Customer/market sales diversity continued with 59% Aerospace/Defense & 41% Structural/Industrial (vs. 60% & 40% in FY24 and 39% & 61% in FY23). • Similar to last year, our Aerospace/Defense growth campaigns coupled with world events pos
Slide 7: FY 2025 Highlights
FY 2025 Highlights Another very good year for Taylor Devices! • R&D investment of $0.44M vs. $0.39M last year along with CapEx of $2.7M vs. $1.1M last year. • TDI Development Lab, ~$2M investment, initiated with completion by Dec. 2025. • Customer funded development of $1.4M vs. $1.3M in FY24 and $0
Slide 8: Our Strengths
Our Strengths Continue to Positively Differentiate Us • Elegantly Innovative Custom Engineered Solutions that are critical to preserving structures/platforms, missions and lives. • Diverse portfolio; both Markets/Customers (Structural/Industrial and Aerospace/Defense) as well as Regional/Geographic
Slide 9: FY 2026 Priorities and Outlook
FY 2026 Priorities and Outlook Support of our Near, Mid, & Long Term Goals • Our Profitable Growth Strategy per our Long Range Strategic Plan continues to be: - Focus on and prospect in markets that are stable or growing where customers have critical need to manage energy (impulsive and/or vibratory
Slide 10: FY 2026 Priorities and Outlook
FY 2026 Priorities and Outlook Support of our Near, Mid, & Long Term Goals • Our priorities for FY26 are: - Sales Pipeline Growth using Quarterly Business Reviews (QBR) to manage and drive growth campaigns - New Product Development - optimize processes for R&D from "idea to proof of concept thru to
Slide 11: Thank You!
Thank You! Taylor Devices, Inc. 2025 Shareholders Meeting October 17, 2025
Slide 12: Business Development & Sales Report
Taylor Devices, Inc. Shareholders Meeting Alan Klembczyk; President Stuart Buckley; Vice President Business Development and Sales Business Development & Sales Report October 17, 2025
Slide 13: Business Development & Sales Highlights – FY25
Business Development & Sales Highlights – FY25 • Organized our BD&S Group to focus • Focus on increasing our content in on growing markets that will our addressable markets, examples accommodate our Long-Range include: Strategic Plan objectives: • Aerospace Defense: Development and integration of La
Slide 14: Product Groups and Integrated Product Teams
Business Development & Sales - Product Groups each with their own Integrated Product Teams: Structural Industrial Aero/Defense
Slide 15: Structural Products
Structural Products • Structural Products account for 32% ($14.8M) of sales, similar to FY24. • The Taylor Damped Moment Frame is now in process of being incorporated into the Building Code. • Higher interest rates are constricting our business as many US projects are currently on hold.
Slide 16: Industrial Products
Industrial Products • Industrial Products account for 9% ($4.3M) of total sales up from 8% ($3.5M) of revenue for FY24. • We maintain a strong customer base for standard products and activity remains steady. • Proposal activity remains strong with demand for standard and customized new products.
Slide 17: Aerospace and Defense Products
Aerospace and Defense Products • Sales of $27.1M (59% of total) up slightly from $26.7M in FY24. The positive trend continues as sales have increased 170% since FY21. • Bid & Proposal activity is at historic high level and supporting our 5-year revenue pipeline objectives. • Our strategy of capturin
Slide 18: Project Examples...
Project Examples...
Slide 19: Shock Isolation System for Large Shipboard Component
Shock Isolation System for Large Shipboard Component • Over the last 3 years, TDI has supplied large isolation systems for a new Navy weapons module. • Hardware includes not only hydraulic shock isolators, but also brackets, large anti-rotation pins, and bearings. • As a qualified supplier, we conti
Slide 20: 695 S Vermont Ave, Los Angeles
695 S Vermont Ave Los Angeles, CA • An 18-story mixed-use, multifamily / retail building built in the 1970’s. • Converted into 255 modern residential units due to effects from the pandemic. • This conversion necessitated a seismic retrofit to enhance earthquake resistance and ensure resident safety.
Slide 21: Business Development & Sales Summary
Business Development & Sales Summary • Healthy backlog to end the fiscal year at $27.1M. • We have seen significant growth in our 5-year revenue pipeline over the last fiscal year, indicated by qualified opportunities in our addressable markets. • A strong combination of projects including reorders
Slide 22: My Retirement After 37 Years With TDI
My Retirement After 37 Years With TDI: • Contributing to the growth of the Company has been quite satisfying. • In 1988, revenue was approximately $4.5M and TAYD was selling as low as $.38 per share. • Thank you to all who have supported me and the Company for so many years! • I see a great future f
Slide 23: Thank You!
Thank You! Taylor Devices, Inc. 2025 Shareholders Meeting October 17, 2025
Slide 24: Operations Report
Taylor Devices, Inc. Shareholders Meeting Bob Conrad Vice President of Operations Operations Report October 17 2025
Slide 25: Overview
Overview FY2025 • Build on strong foundation – processes • Continuous Operating Performance Improvement System System culture People • Goals for System FY 2026 25
Slide 26: Signature processes ensure alignment
Signature processes ensure alignment Operating Performance System System Long Range Integrated Sales Inventory Production Strategic Strategy Product Operations “floor” Plan (LRSP) Deployment Roadmap Planning (SIOP) Meetings 3-5 year 1-5 year yearly monthly daily
Slide 27: FY 2025 – Customer KPI Trends
FY 2025 – Customer KPI Trends 2nd half OTD 94% after improvements 27
Slide 28: FY 2025 – Supplier KPI Trends
FY 2025 – Supplier Key Performance Indicator (KPI) Trends 28
Slide 29: FY 2025 – People System
FY 2025 – People System • Safety teams in place /activities: • Safety Committee – reviews Environmental Health & Safety (EHS) issues across the site and develops actions to address • High Energy Safety Team – Evaluates any high energy project and assesses / mitigates risk prior to start up • Job Saf
Slide 30: FY 2025/26 – Many Improvement Areas
FY 2025/26 – Many Improvement Areas Order intake MRP Production Control Agility Daily Productivity Daily Kitting Lg/Sm Assembly Cell(s) Bolt IT systems Receiving Receiving Package Ship Machine Island Bolt Shop 2XDaily Kitting Structural Assembly Cell(s) Setup Visual reduction Preventative factory Ma
Slide 31: Development / Agility
Significant investment in a Development / Agility new Development Lab - Development Lab construction underway - Re-purposed area of our Paint facility - Planned completion December 2025 Developing a “streamlined” development internal process 31
Slide 32: Continuous Improvement – part of our DNA
Continuous Improvement – part of our DNA • Over one hundred improvement ideas / projects completed ranging from “go do it’s” to structured team activities and process changes • Twenty-six capital improvement projects in the machine shop, assembly, test and paint areas • Included new production and t
Slide 33: FY2026 Goals
FY2026 Goals • OTD >= 95%; Past Due Lines <= 5 • Supplier On Time Delivery >=93% • Execute Strategy Deployment projects • Engaged Workforce through Lean, Strategy Deployment, Performance Management, and Strategic Workforce Planning 33
Slide 34: Thank You!
Thank You! Taylor Devices, Inc. 2025 Shareholders Meeting October 17, 2025
Slide 35: Financial Report
Taylor Devices, Inc. Shareholders Meeting Paul Heary Chief Financial Officer Financial Report October 17 2025
Slide 36: Sales
Sales Sales (U.S. $000's) $50,000 $45,000 $40,000 $35,000 $30,000 $25,000 $20,000 $15,000 $10,000 $5,000 $ $22,510 FY'21 $30,867 FY'22 FY'23 FY'24 FY'25 OAtayloreevices inc.
Slide 37: Sales by Customer Type
Sales Sales by Customer Type $50,000 $45,000 $40,000 $35,000 $30,000 2 $25,000 So =] vw vj $20,000 2 $15,000 $10,000 $5,000 y ‘ || 2021 2022 2023 2025 ® Structural $10,138 $16,267 $20,642 $14,827 = Aerospace / Defense $10,183 $12,441 $15,569 $27,134 = Industrial $2,189 $2,159 $3,988 $4,332 Ataylorie
Slide 38: Aero / Defense Sales
Sales Aero / Defense Sales $30,000 65% 60% $25,000 55% | a 3 2 $20,000 o s 50% & e D = @ $15,000 45% ° 3 = i (7) G 4% = § $10,000 2 35% $5,000 30% $- a See SSK we “Sk 25% FY21 FY22 FY23 FY24 FY25 = Aero/Def Sales -e-Aero/Def % of Total ZZ Ataylorievices inc,
Slide 39: Structural / Industrial Sales
Sales Structural / Industrial Sales
Slide 40: Sales by Region
$50,000 $45,000 $40,000 Sales $35,000 $30,000 $25,000 (U.S. $000's) $20,000 Sales by 515,000 Region $10,000 $5,000 Ataylorievices inc,
Slide 41: Sales & Gross Profit
Sales/ Margin Sales & Gross Profit Note: Cost of Sales for all years excludes R&D expense
Slide 42: R&D Expense
R&D Research and Development Expense
Slide 43: G&A Expenses
G&A General and Administrative Expenses
Slide 44: Operating Income
O.I. Operating Income (U.S. $000's) $12,000 $10,000 $8,000 $6,000 $4,000 $2,000 $- $(2,000) $(4,000) 25% 21% 21% — — 20% 17% — 15% Lo g 8% — 10% 2 ao Vie : A — 5% E 5 a a _ - 5% 10% | -10% 15% FY'21 FY'22 FY'23 FY'24 FY'25 == Operating income = Ol. % of Sales Ataylorievices inc,
Slide 45: Net Income
N.I. Net Income (U.S. $000's) $10,000 $9,000 $8,000 $7,000 $6,000 $5,000 $4,000 $3,000 $2,000 $1,000 $- FY'21 FY'22 === Net income FY'23 FY'25 Earnings per Share Ataylorievices inc.
Slide 46: Backlog
Backlog Millions Sales Order Backlog May 21 May 22 May 23 May 24 May 25 lW Aerospace / Defense Structural m™ Industrial Ataylorievices inc.
Slide 47: Select Financial Data
2021 2022 2023 2024 2025 Total Assets $ 45,932 $ 49,219 $ 57,881 $ 63,077 $ 71,618 Return on Assets 2.3% 4.7% 11.7% 14.9% 14.0% Select Shareholders' Equity $ 40,798 Return on Equity 2.6% $ 43,255 5.3% $ 50,093 13.5% $ 51,247 17.8% $ 62,044 16.6% Financial Data Capital Expenditures $ 1,622 $ 1,392 $
Slide 48: Company Stats
Company Stats Incorporated: 1955 NASDAQ: TAYD (5/31/25) IPO: 1960 Market capitalization: $116 million Share price: $36.93 52-week range: $29.50 - $64.50 Common shares outstanding: 3.15 million Average daily volume: 25,199
Slide 49: Thank You!
Thank You! Taylor Devices, Inc. 2025 Shareholders Meeting October 17, 2025
Slide 50: Support Slides
Taylor Devices, Inc. Shareholders Meeting Support Slides October 17 2025
Slide 51: TDI Sales and Backlog by Quarter FY21 thru FY26
40,000,000 TDI Sales and Backlog by Quarter FY21 thru FY26 Fv21.Q1 | FY21.02 Fv21.Q4 | FY22Q1 FY22.Q2_FY22.Q3 | FY22.Q4 FY23Q1 | FY23.Q2_ FY23.Q3 | FY23.Q4 | FY24Q1 FY24Q2 | FY2AQ3 FY24Q4 FYZSQI FYZ5Q2 F503 | FY25Q4 FY26Q1 Quarter Sales 5,759,45 4,71759 4,772,37 7,260,21 7,307,73 7,757,98 6,143.33 |
Slide 52: TDI FY Starting Backlog, Sales and Net Profit
TDI FY Starting Backlog, Sales and Net Profit (FY21 thru FY26) $9.0 “= 2 2 = 2 S & 3 2 FY'23, FY'25, Mm Starting Backlog Tota MEE Sales Total Bookings Total ==Net Profit OAtayloreevices inc