Nn, Inc. · NASDAQ:NNBR
Nn — Sidoti Virtual Investor Conference January 2024
16 slides from Nn's conference presentation, Jan 16, 2024
Slide 1: Sidoti Virtual Investor Conference NN Inc.
Investor Presentation Sidoti Virtual Investor Conference NN Inc. | January 17-18, 2024
Slide 2: Forward Looking Statement & Disclosures
NN Inc., Investor Presentation | January 2024 Forward Looking Statement & Disclosures Except for specific historical information, many of the matters discussed in this press release may express or imply projections of revenues or expenditures, statements of plans and objectives or future operations
Slide 3: Investment Highlights
NN Inc., Investor Presentation | January 2024 3 o Leading manufacturer of high-precision metal products o Decades of proprietary engineering know-how o Products are know-how are applicable to multiple desirable end markets/applications - auto, medical, power Make Critical High-Spec Parts for Attract
Slide 4: NN at a Glance
NN Inc., Investor Presentation | January 2024 NN at a Glance 4 (1) Trailing Twelve Months as of 9/30/23 • BEST-IN-CLASS maker of high-precision, complex metal products • Achieved company-record $62.6 million in new business wins in 2023 with momentum in steering systems, electrical connector compone
Slide 5: Two Primary Business Segments: Mainly Along Product Lines of Stamping and Machining
NN Inc., Investor Presentation | January 2024 Two Primary Business Segments: Mainly Along Product Lines of Stamping and Machining 5 Provides: Customers with precision stamping and plating capabilities to help codesign and produce safe, durable, and high-quality mission-critical components across a f
Slide 6: Globally Competitive Operational Footprint
NN Inc., Investor Presentation | January 2024 • Close-to-customer engineering centers coupled with both local and low-cost footprint • New approach to leveraging global collective strengths and procurement scale. • 49% owner in ~$100m China machining JV for China market Globally Competitive Operatio
Slide 7: Participate in Growing & Attractive End Markets
NN Inc., Investor Presentation | January 2024 Medical Components Global Automotive Parts / Passenger Vehicle Grid and Electrical Investment Commercial Vehicle Participate in Growing & Attractive End Markets 7 Comm'l Vehicle, 10% Grid and Electrical, 20% General Industrial, 21% Auto Parts / Passenger
Slide 8: Transformation Plan Recently Launched, Showing Immediate Results
NN Inc., Investor Presentation | January 2024 Transformation Plan Recently Launched, Showing Immediate Results 8 Status Goal Progress and 2024 Actions 1. Strengthen Leadership & Accountability • Adding significant talent across Commerical and Ops teams – i.e. sales, procurement, and manufacturing •
Slide 9: 2028 Financial Goal: Leverage Strengths to A Much Higher Outcome
NN Inc., Investor Presentation | January 2024 2028 Financial Goal: Leverage Strengths to A Much Higher Outcome 9 • Sales CAGR* of 4-5% on organic business – net of ICE decline, planned losses • Higher CAGRs expected in strategic growth areas: Medical, Connectors, and Electrical Systems • Strategic a
Slide 10: Transformation Plan: Correcting High-Cost Capital Structure and High Leverage
NN Inc., Investor Presentation | January 2024 Transformation Plan: Correcting High-Cost Capital Structure and High Leverage 10 How to Achieve? Increase EBITDA • Cost-out • Resolve Dilutive Situations • Grow Sales Generate Higher Free Cash Flow • Restricting Spending • Gradually Lower Cost of Capital
Slide 11: Investment Highlights
NN Inc., Investor Presentation | January 2024 11 o Leading manufacturer of high-precision metal products o Decades of proprietary engineering know-how o Products are know-how are applicable to multiple desirable end markets/applications - auto, medical, power Make Critical High-Spec Parts for Attrac
Slide 12: Appendix
NN Inc., Investor Presentation | January 2024 Appendix 12
Slide 13: NN's Strong Product and Capability Portfolio
NN Inc., Investor Presentation | January 2024 NN's Strong Product and Capability Portfolio 13 • ISO-9001, ISO-13485, IATF-16949, NADCAP AC7108 AND AC7014, ITAR Multifaceted Certifications: Automobile, Commercial Vehicle, Aerospace & Defense, Medical • Nanometer and single-micron specifications and t
Slide 14: Non-GAAP Financial Measures Footnotes
NN Inc., Investor Presentation | January 2024 Non-GAAP Financial Measures Footnotes The Company discloses in this presentation the non-GAAP financial measures of adjusted income (loss) from operations, adjusted EBITDA, adjusted net income (loss), adjusted net income (loss) per diluted share, free ca
Slide 15: Reconciliation of GAAP Income (Loss) from Operations to Non-GAAP Adjusted EBITDA
NN Inc., Investor Presentation | January 2024 Reconciliation of GAAP Income (Loss) from Operations to Non-GAAP Adjusted EBITDA 15
Slide 16: Thank You
NN Inc., Investor Presentation | January 2024 Thank You 16 Joe Caminiti or Alec Steinberg, Investors Tim Peters, Media NNBR@alpha-ir.com 312-445-2870 Investor & Media Contacts