Chart Industries, Inc. · NYSE:GTLS
Chart Industries — Investor Day (May 2022)
97 slides from Chart Industries's investor day presentation, May 5, 2022
Slide 1: Chart Industries Investor Day May 5, 2022
Exhibit 99.1 2 0 2 2 Chart Industries Investor Day May 5, 2022
Slide 2: Chart's vision: global leader in cryogenic process technology
“Chart’s vision is to be the global leader in design, engineering and manufacturing of cryogenic process technology and equipment to the clean energy, industrial gas and diversified specialty markets regardless of molecule. We focus on leveraging our organic solution offering, manufacturing footprin
Slide 3: Forward-Looking Statements
Forward-Looking Statements CERTAIN STATEMENTS MADE IN THIS PRESENTATION ARE FORWARD-LOOKING STATEMENTS WITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. FORWARD-LOOKING STATEMENTS INCLUDE STATEMENTS CONCERNING THE COMPANY’S BUSINESS PLANS, INCLUDING STATEMENTS REGARDING COM
Slide 4: Safety Moment - Forklift Safety
Safety Moment - Forklift Safety Preventive Actions Taken Overview of the situation According to the Bureau of Labor and Statistics, nearly 100 • Fireflies: shines a blue light in front and back of forklift for locational workers are killed and another 20,000 are seriously injured in awareness. forkl
Slide 5: Our Company
Our Company GTLS: Gas To Liquid Systems® ChaC rth Ia nrd t u Ins dtu rist es ri,e s, In c In . c. 2 0 22 02 2 2 In In vve esst to orr D Da ay y 5 5
Slide 6: Chart Executive Staff
Chart Executive Staff Jill Evanko Joe Brinkman Joe Belling Doug Ducote Gerry Vinci Herb Hotchkiss President & CEO Chief Financial Officer Chief Commercial Officer Chief Technology Officer Chief Human Resources General Counsel Officer Miroslav Cerny Sherry Shi Brad Babineaux Harry Labbe Shane Sumners
Slide 7: Founders' Innovation Team
Founders’ Innovation Team Rich Cavagnaro Greg Gilles Danny Mascari Rick Hessinger Co-Founder Co-Founder CEO Founder & CEO AdEdge AdEdge L.A. Turbine Cryo Technologies Larry Baxter Andy Baxter Amy George Co-Founder Co-Founder Founder & CEO SES SES Earthly Labs GTLS: GAS TO LIQUID SYSTEMS® Chart Indus
Slide 8: Speakers Today (1/3)
Speakers Today (1/3) Jill Evanko Joe Brinkman CEO & President Chief Financial Officer • Jillian Evanko is President and Chief Executive Officer of Chart Industries, • Joe Brinkman is Vice President and Chief Financial Officer, serving in this Inc., serving in this capacity since June of 2018 after h
Slide 9: Speakers Today (2/3)
Speakers Today (2/3) Douglas Ducote Brian Bostrom Chief Technology Officer President, Global Engineering • Doug is responsible to the CEO for all matters involving Chart engineering • Brian has been with Chart since 1994 and currently serves as President of and technology to include process and prod
Slide 10: Speakers Today (3/3)
Speakers Today (3/3) Joe Belling Amy George Chief Commercial Officer Founder, President Earthly Labs • Joe Belling is the Chief Commercial Officer, responsible for strategically • Entrepreneurial leadership at diverse ventures - from artificial intelligence and profitably growing both our industrial
Slide 11: Our Strategy Focuses On a Hybrid of Solutions
Our Strategy Focuses On a Hybrid of Solutions For: Nexus of Clean, Specialty Products, Repair & Service Broadest Product Offering Community & Employees for Industrial Gas & Energy • Environmental, Social & Governance • Application and Customer Expansion • Building capabilities to support • Cryo-pump
Slide 12: Chart Industries
Chart Industries Europe Asia-Pacific n Changzhou, China n Decin, Czech Republic n Busto Arsizio, Italy n Kuala Lumpur, Malaysia n Gablingen, Germany n Ornago, Italy n Hyderabad, India n Goch, Germany n Pombia, Italy n Sri City, India n Monheim, Germany n Lery, France n Lidcombe, Australia n Bagnolo,
Slide 13: Our United States Repair & Service Footprint
Our United States Repair & Service Footprint Organic repair site Organic repair site New Prague, MN Acquired via McCarran, NV Skaff (2018) Acquired via Brentwood, NH Hetsco (2017) Franklin, IN Aftermarket site Organic greenfield Organic repair site acquired 2021 repair site 2021 Houston, TX, L.A. Tu
Slide 14: Our European Repair & Service Footprint
Our European Repair & Service Footprint Acquired via VCT (2017) Gablingen and Monheim, GR Organic repair site Decin, CR Acquired via VRV (2018) Ornago and Pombia, IT GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 14
Slide 15: Chart's Transformation
Chart’s Transformation B e f o r e 2 0 1 8 T o d a y O u r F u t u r e ý Higher customer concentration / lower þ Lower customer concentration / higher Ø Full solutions for the Nexus of Clean ä as geographic diversity end-market and geographic diversity well as complete repair & service (added 402 ne
Slide 16: Full Solutions Platforms Across the Nexus of Clean
Full Solutions Platforms Across the Nexus of Clean GTLS Process GTLS Process Clean End Technologies Technologies Through Market Solution (Owned in Full) Minority Ownership GTLS Equipment Clean Power • Hydrogen • BAHX • Valves / • Helium • ACHX Vaporizers • LNG • Bulk & Microbulk • Expanders • Biogas
Slide 17: GTLS: GAS TO LIQUID SYSTEMS®
GTLS: GAS TO LIQUID SYSTEMS® 17
Slide 18: How We Think About The Business
How We Think About The Business Heat Transfer Systems Cryo Tank Solutions Repair, Service & Leasing Specialty Products • Air Cooled Heat Exchangers (ACHX), • Bulk and Micro Bulk Storage Tanks • Repair and service • Dosing equipment • HLNG vehicle tanks • Brazed Aluminum Heat Exchangers (BAHX) • ISO
Slide 19: Offering of Highly Engineered Cryogenic Equipment
Offering of Highly Engineered Cryogenic Equipment Brazed Aluminum Heat Gas Pre-Treatment and Specialty Pressure & Heat Air Cooled Heat Integrated Energy Cold Boxes Axial Flow Fans Exchangers Nitrogen Rejection Units Transfer Equipment Exchangers Systems Cryogenic Bulk Cryogenic Storage & Cryogenic L
Slide 20: A Broad and Diverse Set of End Markets
A Broad and Diverse Set of End Markets Industrial Over the Molecules CCUS Water Gas Road by Rail Energy & Cannabis Hydrogen Space Lasers Chemical Food & Marine Critical LNG Biofuels Beverage Systems Care GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 20
Slide 21: Places to Play In the Molecule Supply Chain
Places to Play In the [Molecule] Supply Chain LIQUEFACTION DISTRIBUTION STORAGE END USE SYSTEMS ELECTROLYSIS PARTNERS AND ELECTRICITY VEHICLE FUEL PRODUCTION GENERATION STATIONS USERS OF HYDROGEN LIQUID TRANSPORT INCLUDING TRAILERS, ISO LARGE CRYOGENIC CONTAINERS, RAIL CRYOGENIC LIQUID CARS, MARINE
Slide 22: Representative Competition
Representative Competition C r y o T a n k S o l u t i o n s H e a t T r a n s f e r S y s t e m s S p e c i a l t y P r o d u c t s R e p a i r & S e r v i c e GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 22
Slide 23: GTLS: GAS TO LIQUID SYSTEMS® C C C C Ch h h h ha
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Slide 24: Heightened Focus on Energy Resilience, Independence and Security
Heightened Focus on Energy Resilience, Independence, Accessibility, Security and Sustainability Since February 24, 2022 European Commissioner for Energy stated that Russia’s aggression against Ukraine has dramatically transformed the geopolitical environment of Europe’s energy security…and will requ
Slide 25: End Market Drivers and Tailwinds
End Market Drivers and Tailwinds Hydrogen Water • Stimulus Funds Directed toward Green Energy • Condition of Water Infrastructure (ASCE Grade & Water Activities “C-”; 300 Contaminants in drinking water) • Aggressive GHG and CO2 Reduction Goals • Societal Focus on Water Issues and Political Being Est
Slide 26: End Market Drivers and Tailwinds, continued
End Market Drivers and Tailwinds, continued Food & Beverage CCUS • Increased European adoption • Carbon emissions reduction targets 2 • Replacement systems due to age • CO supply shortages • National and global chains expanding locations • Low carbon fuel standards organically • Cap & Trade, Europea
Slide 27: End Market Drivers and Tailwinds, continued
End Market Drivers and Tailwinds, continued Molecules by Rail Space Exploration • Expected growth in EU • Public-private partnerships have made for significantly more players, each of them • Legalization of LNG by train in the U.S. requiring their own test and launch facilities • Gas by rail tender
Slide 28: Hydrogen is Both Regional and Global
Hydrogen is Both Regional and Global Canada United States EMEA China • Growing trend toward • Beginning to move to • Gaseous still • Government support liquid hydrogen networks / scaling of predominant yet • Large industrial gas • National hydrogen infrastructure traditional GH2 users investment in
Slide 29: Commercialization is Both Direct & Via Partnership
Commercialization is Both Direct & Via Partnership • What we saw 2019 and prior H2 Orders $M • Hydrogen orders were primarily for equipment for space launch applications Q1 2020 $4.2 • Early hydrogen pure play companies periodically bought equipment for a station Q2 2020 1.2 • What we saw in 2020 (G
Slide 30: Cannabis: Early Market with High Growth Potential
Cannabis: Early Market with High Growth Potential GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 30
Slide 31: Capital Allocation Priorities
Capital Allocation Priorities 1 . O r g a n i c G r o w t h 2 . I n o r g a n i c i n v e s t m e n t s 3 . D e b t P a y d o w n 4 . C o n v e r t i b l e S e t t l e m e n t ( 2 0 2 4 ) 5 . S h a r e b u y b a c k 6 . O t h e r s h a r e h o l d e r r e t u r n s GTLS: GAS TO LIQUID SYSTEMS® Chart
Slide 32: GTLS: GAS TO LIQUID SYSTEMS® C C C Ch h h ha a a
GTLS: GAS TO LIQUID SYSTEMS® C C C Ch h h ha a a ar r r rtttt IIIIn n n nd d d du u u ust st st str r r riiiie e e es, s, s, s, IIIIn n n nc. c. c. c. 2 2 2 20 0 0 02 2 2 22 2 2 2 IIIIn n n nve ve ve vest st st sto o o or r r r D D D Da a a ay y y y 3 3 3 32 2 2 2
Slide 33: The Importance of First of a Kinds (FOAKs)
The Importance of First of a Kinds (FOAKs) Food & BioLNG Cannabis CCUS Water Space Beverage First of a Kinds (FOAKs) in 2021: 79 2 CO pH adjustment First PermaMax used in Water treatment Liquid Nitrous Oxide FEED study portable/off grid cannabis projects with three Dosing for Coffee for large, indus
Slide 34: Case Study: Appalachian Basin LNG Liquefier
CASE STUDY Appalachian Basin LNG Liquefier Air Coolers Cold Box The abundant source of shale natural gas in rural Pennsylvania drove the development of a small-scale, compact LNG liquefaction plant to serve the growing number of industrial, transportation and marine customers looking to use nearby n
Slide 35: Case Study: LNG Receiving Terminal, Klaipėda, Lithuania
CASE STUDY LNG Receiving Terminal – Klaipėda, Lithuania Bunkering and Vaporizers Loading Bays To create small-scale LNG infrastructure and establish the port of Klaipėda as an LNG hub for Baltic countries and northeastern Poland. Incorporate a solution that is scalable for an expected doubling of ca
Slide 36: Case Study: Hydrogen Trailer Capacity Addition
CASE STUDY Hydrogen Trailer Capacity Addition New Vacuum Lift New Plasma Table Systems Hydrogen trailer production is extremely complicated and time consuming with over 2,600 parts per trailer. To meet strong demand, a significant capacity expansion was required for hydrogen trailers at the Theodore
Slide 37: Case Study: Brazil
CASE STUDY Brazil Untreated sewage is a major cause of water pollution ® Dual SDOX in Brazil, eroding the quality of life, health, and Containerized economic development in large, urban areas while Solution increasing the cost of water treatment for downstream users, having a disproportionate negati
Slide 38: Case Study: Cape Canaveral Launch Site
CASE STUDY Cape Canaveral Launch Site Today’s rockets are designed for multiple launches for cost effectiveness. The fuels and propellants have changed to provide lower cost, utilizing cryogenic liquids in many cases. Newer engines utilize combinations of LNG, O 2 and notably Hydrogen in greater vol
Slide 39: Case Study: Industrial Carbon Capture
CASE STUDY Industrial Carbon Capture Cement accounts for 2.8 billion tons of CO emissions 2 per year globally. The cement industry is more Modular, pilot dependent on carbon capture to reduce emissions than system to be the transportation or power industries, as low-carbon installed at substitutes f
Slide 40: Linking Flexibility & Innovation to Customer Stickiness
Linking Flexibility & Innovation to Customer Stickiness 2022 2023-2025 § Additional water treatment (TaaS) assets § TaaS Units For Earthly Labs on hand Leasing Fleet § Fleet available (versus build for customer) § Expanded leasing fleet strategically located at various Chart locations for regional s
Slide 41: GTLS: GAS TO LIQUID SYSTEMS® C C Ch h ha a ar r rttt
GTLS: GAS TO LIQUID SYSTEMS® C C Ch h ha a ar r rttt IIIn n nd d du u ust st str r riiie e es, s, s, IIIn n nc. c. c. 2 2 20 0 02 2 22 2 2 IIIn n nve ve vest st sto o or r r D D Da a ay y y 4 4 41 1 1
Slide 42: Case Study: The Alchemist brewery
CASE STUDY Smart Foam CiCi Oak Trap The Alchemist, a brewery located in Vermont, saw price increases and CO2 shortages due to a plant shut- down in the Northeast. Additionally, The Alchemist also has goals to reduce waste and greenhouse gas emissions for their B Corporation status. In this applicati
Slide 43: Case Study: Roadhouse Brewing Co.
CASE STUDY CiCi Oak Smart Foam Trap attached at Fermentation tank blow off arm Roadhouse Brewing Co., a brewery out of Jackson Hole, Wyoming, was seeking ways to cut their emissions as part of their deeply valued sustainability mission. Roadhouse was voted amongst the top 5% of B Corporations in the
Slide 44: Case Study: Trillium Brewing Co.
CiCi Oak captures CASE STUDY Recovered and purifies waste CO2 Pump CO2 from migrates CO2 into fermentation smaller cylinders Trillium Brewing Co., a brewery based in Boston, Massachusetts, was seeking ways to reduce their rising CO2 costs and reduce CO2 emissions, without compromising their beer qua
Slide 45: GTLS: Gas to Liquid Systems® Chart Industries, Inc. 2022 Investor Day 45
GTLS: Gas to Liquid Systems® Chart Industries, Inc. 2022 Investor Day 45
Slide 46: Linking the Nexus of Clean
Linking the Nexus of Clean™ Ultrapure water for green hydrogen generation GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 46
Slide 47: Water Treatment and Carbon Capture
Water Treatment and Carbon Capture CO captured from combustion or directly 2 from air is used to create clean drinking water or replace strong acids in industrial water treatment processes. Captured CO is used as a raw material in a variety 2 of municipal and industrial water treatment processes. •
Slide 48: and Proprietary Chart Industries, Inc. 2022 Investor Day 48
© 2021 Chart Industries, Inc. Confidential and Proprietary 48 Chart Industries, Inc. 2022 Investor Day 48
Slide 49: Day
GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 49
Slide 50: Day
GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 50
Slide 51: Organic Capacity & Automation Capex
Organic Capacity & Automation Capex Description Category Status 2021 Actual 2022 Fcst 2023 Fcst Maintenance Capital Maintenance $24.3 $22.0 $24.0 Tulsa BAHX Furnace Line Capacity 4.2 7.0 7.0 GOFA Germany Trailer Production Expansion Capacity/Automation 0.1 7.6 3.2 SriCity, India Production Expansion
Slide 52: 3-Year: Organic Capacity & Automation Capex
3-Year: Organic Capacity & Automation Capex Description Category Status 2023 Fcst 2024 Fcst 2025 Fcst Maintenance Capital Maintenance $24.0 $22.0 $22.0 Tulsa BAHX Furnace Line Capacity 7.0 0.0 0.0 GOFA Germany Trailer Production Expansion Capacity/Automation 3.2 0.0 0.0 Leasing Fleet Expansion Growt
Slide 53: Manufacturing Site Expansion Sri City, India
Manufacturing Site Expansion Sri City Andhra Pradesh, India • Doubling of existing manufacturing floor space • Production building erected • Flooring nearing completion • Electrical, utility and fire water network installation underway • Sheet shearing and rolling machines ordered • Production staff
Slide 54: Brazed Aluminum Heat Exchanger Line Tulsa
Brazed Aluminum Heat Exchanger Line Tulsa, Oklahoma USA • All major equipment ordered ü Fin presses, saws, machining equipment installed ü Construction of foundations underway ü Construction of stacking & defixturing pits underway • Expected furnace delivery in August 2022 • Planned production test
Slide 55: GOFA (Goch, Germany) Trailer Capacity Expansion
GOFA (Goch, Germany) Trailer Capacity Expansion $11 million approved capital expenditure • Permit received • Construction ~18 months to go live • Adds capacity for improvement of lead times • Gives us the chance to compete on LH2 transports for EMEA & Asia • Expands capacity for LNG / IG trailers GT
Slide 56: Augmented Reality – Weld Training
Augmented Reality – Weld Training Concluding 2-week trial of weld training machines in New Prague Goal: Shorten Welder training duration Initial Results Have Been Excellent • ~$2,000 in material savings/day • 3x Improved trainee efficiency – no setup/sample prep • ESG – No fumes, reduced power usage
Slide 57: Current Capability for 3D Printing – Tulsa, OK
Current Capability for 3D Printing – Tulsa, OK Build Volume: 48” X 24” X 18” Material Strengths • Plastics Only PLA – 8.8 KSI YS • Max Working Temp 134⁰ F PETG – 7.6 KSI YS • Max Working Temp 180⁰ F • More Ductile GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 57
Slide 58: Additive Manufacturing: Jigs & Fixtures
Additive Manufacturing: Jigs & Fixtures ACHX Ladder Mount Jig Vaporizer Jigs • Printed in 1 business day • Eliminated measuring while on ladder • Completely eliminated misalignment error & rework • Cost $9, Design: ~ 1 hr., Print time ~ 8.5 hrs • Compensates for extrusion length variation • Eliminat
Slide 59: Robotic Welding of Bulk Tank Legs – Decin, CR
Robotic Welding of Bulk Tank Legs – Decin, CR • Robotic welding cell for production of bulk tanks legs • Cell Layout - custom single station robotic cell with positioners & tooling • Consolidated production of bulk tank legs for Decin and Ornago plants • Labor reduction (from 2 welders to 1 operator
Slide 60: JDE Integrations of Acquisitions
JDE Integrations of Acquisitions CryoTech AdEdge LATurbine EarthlyLabs Gathering Acquired Data Complete Complete Complete Complete System Configuration of PY (Test) In Progress In Progress Complete Complete APR-MAY-2022 APR-MAY-2022 Conversion of Master Data in PY In Progress In Progress Complete Co
Slide 61: GTLS: GAS TO LIQUID SYSTEMS® C Ch ha ar rtt IIn nd du ust
GTLS: GAS TO LIQUID SYSTEMS® C Ch ha ar rtt IIn nd du ust str riie es, s, IIn nc. c. 2 20 02 22 2 IIn nve vest sto or r D Da ay y 6 61 1
Slide 62: Aggressive Product Development with Our Inorganic Partners
Aggressive Product Development with Our Inorganic Partners § Developing H2 liquefaction expanders § Market hydrogen liquefaction with the § Industrial gas expanders under TM offering (“green” with microwave development plasma reactor technology) § High speed generator to load H2 expanders § Expand w
Slide 63: Organic Product Development with our Cryogenic Expertise
Organic Product Development with our Cryogenic Expertise Hydrogen Liquefaction H2 & He Equipment ACHX, IG, CO2 • Development of LH2 to LH2 • Imbedded ortho to para catalyst • ACHX direct drive motor for fueling stations in EU including for performance parameter space savings and enhanced pumps, valv
Slide 64: Industrial Gas Transports
Industrial Gas Transports • Building off Chart’s successful transport trailer designs, we are entering the industrial gas transport market. What Is It? • Integration of VOC feedback to optimize the volume and weight of the liquid oxygen design. Latest Milestone • VOC feedback regarding the plumbing
Slide 65: Liquid Hydrogen Fuel Station Pump
Liquid Hydrogen Fuel Station Pump • A liquid hydrogen high-pressure pump designed for the rigors of a typical fuel station. What Is It? • Successful testing at one-third speed producing 830 bar @ 60 kg/hr, which is well within our expected Latest design conditions. Milestone • Full-speed testing. Ne
Slide 66: ISO Containers for Liquid Hydrogen and Helium
ISO Containers for Liquid Hydrogen and Helium • 40 ft ISO Container designs for transport of liquid hydrogen and liquid helium. What Is It? • Successful structural frame testing of the unshielded liquid hydrogen first build. Latest Milestone • Completion of the first build followed by performance te
Slide 67: Turboexpanders (LA Turbine)
Turboexpanders (LA Turbine) •Combining expertise from across Chart to expand our turboexpander portfolio to cover needs in the What Is It? hydrogen, natural gas, and industrial gas markets. •Finalized magnetic bearing design for our 15 TPD hydrogen liquefaction plants. Latest •Industrial gas designs
Slide 68: Carbon Capture, Utilization and Storage (SES)
Carbon Capture, Utilization and Storage (SES) • Unique cryogenic carbon capture technology • Easy to retrofit on any existing flue gas • Produces high purity liquid CO2 ready for sale What Is It? • Receipt of DOE funding for 30 TPD Pilot Plant • Completed several pre-FEED studies for varied applicat
Slide 69: GTLS: GAS TO LIQUID SYSTEMS® C Ch ha ar rtt IIn nd du ust
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Slide 70: Inorganic Investment Principles
Inorganic Investment Principles 1) Brings Chart access to customers and commercial projects that could not be accessed without significant organic investment 2) Brings Chart access to geographies that otherwise could not readily be accessed due to lack of product experience in the region, certificat
Slide 71: Types of Inorganic Targets
Types of Inorganic Targets: Opportunistic Technology Expansion Footprint expansion Logical accelerators • Additional cryogenic process • Repair & Service specific • Highly synergistic smaller geographies players • Innovative, disruptive new technology in nexus of clean • Linkages to gas & liquid • H
Slide 72: ChartWater: Buyout of AdEdge India JV
ChartWater™ Rationale: • India is a key water treatment market • Chart/AdEdge already owns 50% of the JV • Gaining 100% ownership will allow Chart to accelerate the growth Scope: • To promote ChartWater™ products and solutions in the South Asian markets Buyout of AdEdge • Focus on water/wastewater t
Slide 73: GTLS: GAS TO LIQUID SYSTEMS® C Ch ha ar rtt IIn nd du ust
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Slide 74: Ali Snyder: Our New Director of Sustainability and Marketing
Ali Snyder: Our New Director of Sustainability and Marketing In this role, Ali will help us continue our ESG Journey and Promoting our Chart Values and Sustainability Efforts. • BS Marketing from La Salle University • Chart intern during college • Chart Emerging Leader • Chart product manager for be
Slide 75: Highlights from our 2021 Sustainability Report
Highlights from our 2021 Sustainability Report • As of the end of March 2022, Chart team members achieved our lowest 12-month rolling Total Recordable Incident Rate (TRIR) in our history • Substantial progress made toward achieving 30% carbon reduction by 2030 and neutrality by 2050 • Reduced GHG in
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GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 76
Slide 77: Environmental: Lowering Our Own Emissions
Environmental: Lowering Our Own Emissions • Reduced total number of welding machines • Energy efficiency upgrades for various equipment • Replacing diesel-powered equipment with electric needed to support production Plant • Installation of welding camera systems to reduce the need for scaffolding, •
Slide 78: Global Environmental Sub-Committees
Global Environmental Sub-Committees Sub-Committee 1: Sub-Committee 2: Sub-Committee 3: Sub-Committee 4: Sub-Committee 5: Energy Management Zero Waste Electrification Renewable Energy Water Management Scope: To explore ISO 50001 – Scope: To improve recycling, Scope: To consider and plan Scope: To cre
Slide 79: Environmental: Helping Our Customers
Environmental: Helping Our Customers In 2021, we helped our customers… Treat Water Replace Diesel with LNG Replace Coal with LNG Our water and wastewater Our customers reduced Our customers produced treatment equipment almost 700 million liters of over 50 million metric tons processed over 13 billio
Slide 80: In Conjunction with United Nations Sustainable Development Goals
In Conjunction with United Nations Sustainable Development Goals Clean Water and Sanitation Affordable and Clean Energy § Our water and wastewater treatment process is a safe and § Our equipment produced over 50 million tons of LNG to natural method that avoids chemical treatments while replace coal
Slide 81: Social: Safety
Social: Safety • Chart has a ‘Global Safety Council’ that meets to discuss accidents, injuries, near misses, and lessons learned. • The Council presents metrics at every executive staff and Board of Directors meeting and reports their performance to division presidents. • All Chart employees have ‘S
Slide 82: Recognizing Our Leadership in Safety
Recognizing Our Leadership in Safety Tom Drube, VP of Engineering and Chart Engineering Fellow • Recipient of the distinguished Charles H. Glasier Safety Award 2022, presented annually by the Compressed Gas Association (CGA) to an individual in recognition of their safety leadership in the industria
Slide 83: Talent Development Programs
Talent Development Programs • Representing India, China, US and EU locations • Collaborating with Kennesaw State, Texas A&M, HBCs, Georgia Tech, Forze/University of • Numerous graduates in larger roles within Emerging Delft Chart Internships Leaders • Full-time hiring rate post graduation is high •
Slide 84: Social: Committed to Diversity & Inclusion
Social: Committed to Diversity & Inclusion Global Diversity & Inclusion Committee Mission: To Make Chart Better This Global Committee is employee-driven and supported and funded by executive leadership. It is broken into six sub-committees, each targeted at a specific impact area related to D&I: 1.
Slide 85: Social: Giving Back
Social: Giving Back Tulsa, OK team at the local food bank New Prague, MN High School Tech Tour New Prague, MN Youth Group outreach Welding Student Tour GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 85
Slide 86: Our Cool Communities!
Our Cool Communities! GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 86
Slide 87: Pretty Cool Customers, Too…
Pretty Cool Customers, Too… GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 87
Slide 88: GoBeyond Profit Recognition
GoBeyond Profit Recognition We’re proud to have been recognized as one of the most generous companies in Georgia (USA) in goBeyondProfit’s 2022 “In Good Company” report Each company listed has pledged to find ways to leverage their business resources to improve lives. They are making meaningful effo
Slide 89: Financial Overview
Financial Overview GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 89
Slide 90: Q1 2022: Record Order & Backlog Quarter
Q1 2022: Record Order & Backlog Quarter Q1 2022 Orders $M 1 Venture Global (BKR) Plaquemines Phase 1 FNTP $135.5 2 Venture Global (BKR) Plaquemines Phase 2 (first 6 cold boxes out of 18 anticipated) 45.4 3 Cheniere (Bechtel) CCL Stage 3 LNTP 47.5 4 BigLNG orders booked in Q1 2022 228.4 5 ssLNG (New
Slide 91: Full Year 2022 Outlook
Full Year 2022 Outlook Revenue Non-Diluted Adjusted EPS Capital Expenditures Adjusted Free Cash Flow $5.35 to $6.50 $1.725 billion to $1.85 billion Assumes 19% ETR and Approximately $50 to $55 Approximately $175 to $225 35.83M shares outstanding million million (1) Includes approximately $25 to $40
Slide 92: Increasing LNG Opportunities for GTLS
Increasing LNG Opportunities for GTLS Pre Feb 24, 2022 GTLS April 29, 2022 GTLS Perspective Perspective • Number of reasonably possible projects to move to 10 22 BigLNG order stage by 2024 • Number of international projects contemplating using 1 2 (greater IPSMR® than 5 • GTLS Associated Order Poten
Slide 93: RSL Activities and Roadmap
RSL Activities and Roadmap 2018-2021 2022-2024 Actions: § Added field service technicians § Acquired Skaff (New Hampshire) § Partnerships in key locations for field service across the United States Geographic Footprint § Acquired VCT Vogel (Germany) § Opportunistically acquire strategic locations §
Slide 94: Specialty Markets TAM Continues to Grow
Specialty Markets TAM Continues to Grow Market End-use of Products Near-term 2030 TAM Drivers of Size Opportunity (1) TAM 2 Hydrogen & Helium • H /He Liquefaction $3,100M $25,000M • Development of “green hydrogen” industry • Transports and storage • Buildout of hydrogen fueling infrastructure • Fuel
Slide 95: Financial Targets
Financial Targets 3-Year Target STRATEGIC FINANCIAL PLAN 2022 Target (incl-Big LNG) Revenue $1.725 – 1.85 billion > 17% CAGR Gross Margin Exiting at 30% 33-36% Earnings per share $5.35 – 6.50 > 25% CAGR Net Leverage Under 2.5x Under 1.0x Note: 3-Year targets represent FY23 through FY25 GTLS: GAS TO
Slide 96: Q&A
Q&A GTLS: GAS TO LIQUID SYSTEMS® Chart2 0 In 1d 9u st Ch ria er s, t IIn nd c. u st 20 ri2 e2 s IIn nve vest sto or r D Da ay y 96 96
Slide 97: Delivering Results: Profitable Growth
Customer Strong Safety Have Fun Orientation Work Ethic Delivering Results: Profitable Growth GTLS: GAS TO LIQUID SYSTEMS® Chart Industries, Inc. 2022 Investor Day 97