Slide 1: Third Quarter 2025 Earnings Presentation
November 3, 2025 Third Quarter 2025 Earnings Presentation
Slide 2: Forward Looking Statements
2 Forward Looking Statements This presentation contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. These statements are based on the beliefs and assumptions of management. Although CompoSecure believes that its plans, intentions, and expectations r
Slide 3: Executive Summary: Strong Organic Growth and Full Year Guidance Raise
3 Continued sales momentum and strong profitability in third quarter – raising full year guidance and issuing 2026 guidance Financial results are required to be reported using equity method accounting1 following the completed spin-off of Resolute Holdings Management, Inc. (NYSE: RHLD). Non-GAAP Net
Slide 4: CMPO is an operating business and RHLD is an asset management firm
4 CMPO is an operating business and RHLD is an asset management firm – Non-GAAP financials capture distinct economics Non-GAAP Financials Best Reflect Underlying Entity Structure and Unique Earnings Streams Relationship Between CMPO & RHLD CompoSecure, Inc. (NYSE: CMPO) Resolute Holdings Management,
Slide 5: Continuing to make investments to meet accelerating customer demand
5 Continuing to make investments to meet accelerating customer demand and scale operational efficiencies Favorable Demand Trends Operational Progress Premium Upgrade Cycles – refresh of Chase Sapphire Reserve and launch of Citi Strata Elite demonstrate market demand for differentiated premium metal
Slide 6: High-Profile Customer Card Programs Delivered by CompoSecure
6 Citi Strata Elite New Launch Itau New Launch BAC (Alaska Airlines) New Launch BMO Escape New Launch Unicred New Launch Kast New Launch High-Profile Customer Card Programs Delivered by CompoSecure Recent Wins Latest slate of new program wins demonstrate CMPO's market leadership in serving global ba
Slide 7: Accelerating penetration of metal within growing payment card market
7 Sources: Company filings. Accelerating penetration of metal within growing payment card market creates significant opportunity for CompoSecure Visa and Mastercard Credit & Charge Cards in Global Circulation '21 - '25 CAGR Consistent Growth in Domestic and International Payment Cards Creates Stable
Slide 8: Metal cards are a force multiplier for issuers with high ROI
8 Sources: Global consulting firm commercial market study. 1 Average annualized cost of ~$6.25 assumes ~$25 cost per card annualized over ~4 years in line with expiration renewal cycle. 2 The Wall Street Journal: "Rising Fees Force Premium Credit-Card Holders to Choose Sides". 3 Capuchin. Metal card
Slide 9: Arculus momentum is accelerating
9 Arculus momentum is accelerating as customers seek out future-proof secure authentication and digital asset solutions Multiple Secure Applications Arculus Cold Storage Digital Asset Hardware Wallet Arculus Authenticate® Hardware Passkey Authenticator Authenticates new connected devices Authenticat
Slide 10: Financial Overview
@CompoSecure Financial Overview
Slide 11: Equity method of accounting for Holdings
• CompoSecure is required to account for its 100% wholly-owned operating subsidiary, CompoSecure Holdings, L.L.C. ("Holdings") and its subsidiaries under the equity method of accounting. A summary of the change in accounting is described below: Before February 28, 2025, results of our operating busi
Slide 12: Operating Results Summary – 3Q25
12 Significant Year-over-Year Progress Across All Key Reporting Metrics Operating Results Summary – 3Q25 Non-GAAP metrics best reflect operating performance and are consistent with historical presentation less management fee 1 Refers to a Non-GAAP Measure; please reference the Appendix for full reco
Slide 13: Holdings Financial Highlights – 3Q25
Holdings Net Sales Holdings Gross Margin Holdings International Net Sales Up $13.7mn Up 730bps Down $11.3mn ($ in millions) Holdings Domestic Net Sales Up $25.1mn 13 Headlined by Strong Domestic Sales Growth and Gross Margin Expansion Holdings Financial Highlights – 3Q25 Strong domestic sales and gr
Slide 14: Non-GAAP Financial Highlights – 3Q25
14 Efficiency Unlocks via COS Drove Improved Profitability Non-GAAP Financial Highlights – 3Q25 ($ in millions, except per share data) Pro Forma Adjusted EBITDA Adjusted Diluted EPSAdjusted Net Income Up $11.1mn Up $0.06 per shareUp $9.7mn Pro Forma Adjusted EBITDA Margin Up 529bps Note: All metrics
Slide 15: Raising Full Year 2025 and Issuing 2026 Guidance
15 Continued commercial and operational momentum with foundational investments to support long-term growth plans Consolidated Net Sales Pro Forma Adjusted EBITDA1 Note: All figures reflect dollars in millions. 1 Pro Forma Adjusted EBITDA includes the Management Fee anticipated to be paid for FY25 an
Slide 16: Appendix
@CompoSecure Appendix
Slide 17: GAAP to Non-GAAP Operating Results Statement of Operations 3Q25
17 GAAP to Non-GAAP Operating Results Statement of Operations (Unaudited) – 3Q25 GAAP results reflect Holdings under the equity method of accounting for 3Q25 Elimination of equity method investment represents the removal of the net income that we recorded from the equity method investment in Holding
Slide 18: Balance Sheet (GAAP and Non-GAAP)
GAAP Non-GAAP GAAP GAAP Non-GAAP GAAP September 30, 2025 September 30, 2025 December 31, 2024 September 30, 2025 September 30, 2025 December 31, 2024 ASSETS LIABILITIES AND STOCKHOLDERS' EQUITY CURRENT ASSETS CURRENT LIABILITIES Cash and cash equivalents (1) $127.4 $265.3 $77.5 Accounts payable $1.5
Slide 19: Unaudited Statement of Cash Flows (GAAP and Non-GAAP)
19 Unaudited Statement of Cash Flows (GAAP and Non-GAAP) CompoSecure generated robust net cash from operating activities of $92 million through September 30, 2025 Note: The Non-GAAP column represents a consolidation of the Company’s results with those of Holdings, for consistency with prior consolid
Slide 20: GAAP and Non-GAAP Three Months Ended September 30 Results
GAAP Non-GAAP Three Months Ended September 30, Three Months Ended September 30, 2025 2024 $ Change % Change 2025 2024 $ Change % Change Net sales $— $107.1 $(107.1) (100.0) % $120.9 $107.1 $13.8 12.9 % Cost of sales $— $51.7 $(51.7) (100.0) % $49.5 $51.7 $(2.2) (4.3) % Gross profit $— $55.4 $(55.4)
Slide 21: Adjusted Net Income and Diluted EPS Reconciliation
Basic Diluted Three Months Ended September 30, Three Months Ended September 30, 2025 2024 2025 2024 ($ in millions, except per share data) ($ in millions, except per share data) Net loss $ (174.7) $ (85.5) Adjusted net income $ 34.0 $ 22.5 Add: Provision for income taxes 29.8 0.6 Add: Interest on Ex
Slide 22: Quarterly Management Fee Calculation Methodology Comparison
22 Methodology Comparison – Reported by CMPO vs. Defined in Management Agreement Quarterly Management Fee Calculation 1 Periods prior to 1Q25 include the Management Fee that would have been payable had the Management Agreement been executed on January 1, 2024, for comparability; 1Q25 reflects actual
Slide 23: Investor Relations Contact
Investor Relations Contact Sean Mansouri 720-330-2829 ir@composecure.com
Slide 24: @®CompoSecure
@®CompoSecure