Entegris, Inc. · NASDAQ:ENTG
Entegris — Investor Day (March 2018)
72 slides from Entegris's investor day presentation, Mar 20, 2018
Slide 1: 810% YIDW.
810% YIDW. Buloow 166 NaS
Slide 2: Forward-looking statements
1 3: ?> �A : K; H K 4A BL �I K> L> G M: MB H G �< H G M: BG L �: G = �F : G : @ > F > G M� F : R �F : D> � ?H KP : K= ,E H H D BG @ �L M: M> F > G ML �P BM A BG �M A > �F > : G BG @ �H ?� MA > �0 KB O : M> �3 > < N KB MB > L� ,B MB @ : MB H G � 3 ? @I LG �" = N� I @� � 5B ? �Q I L> M� Y <
Slide 3: Agenda
Slide 4: Beyond Trends
3 " > R H G = �4 K> G = L " > KM K: G = �, H R 0 K> LB = > G M� : G = �# % /
Slide 5: AjijOo1 PopUsWBNY QOUSHI||OJU! [OIOYIY sBulU} JO JOUSJU]
AjijOo1 PopUsWBNY QOUSHI||OJU! [OIOYIY 7 sBulU} JO JOUSJU] "BJBY S| UOAJOASY JOUISNPU| yy SUL - sill
Slide 6: rSTZOZ% SJO1BUSH Of 91.0Z WO SO}AQDIJEZ €9 | O} XO] SsOSIOU! 0} DIOP jG
rSTZOZ% SJO1BUSH Of 91.0Z WO SO}AQDIJEZ €9 | O} XO] SsOSIOU! 0} DIOP jG cADP UDH8 DIDP JO g5 000'ry sjolousb ZEPIMPLOM SBDIASP | O}-PSIJO}sulUOI|IG $7 ISAO 9q |W S1au} SzOZ Ag 10Z0Z OF ZL0Z Woy YMoJ6 |ONUUD puNodWwODS ISW%py'y / *sdiyd JO UOHDAdJJOId D = UCILOAOUU! DIOW
Slide 7: 4H �I KH = N < > �A B@ A > K� I >
4H �I KH = N < > �A B@ A > K� I > K? H KF BG @ �< A BI L� : M� ; = = ? J N; < F? �S C? F> M �& H N? A LCM [� @; < �= O MN I G ? LM � H; BO �E D �D ; M ; H� 7 D : �F K H; H� C 7 J; H? 7 BI � N �C 7 J; H? 7 BI �I F ; D : ?D = �F ; H� M 7 <; H N �C 7 J; H? 7 BI �I F ; D : ?D = �F ; H� M 7 <; H ?I
Slide 8: suid NOILISOdOUd
suid NOILISOdOUd aNIVA xno " yw... ] injonujso.ju JoUoyO18dO, » jPqoID 4 Solp|iqodoo ujpyo-Ajddns pup ‘Buunjopynupl Jsnqol ‘ABojouyde} Ul s}USLUJSSAU! BUIOBUD, “slouULOd o16¢ wiki | eee JOU! UW JOJONPUOSIWEAS $,MOMOWO]
Slide 9: SUOLLNJOS ,,AXOHS,, | s|lOf enUeASe’ BUC
SUOLLNJOS ,,AXOHS,, | s|lOf enUeASe’ BUC syjlus AGOJOUYDE} DylOeds O} SysoUuBY | enusAds BuWNDEy | |sSOq JOLUOJSND SSIDAIG OVD WUPBIO %g-g = SUIDB SJDUs + UOISUDAXS Ja>JOLU + UJMOIB |SW si “LOMJOU SII UUOLSdINO O} PeuOILIsOd $s! suBeljuy
Slide 10: *SIOJSOAUI 10} ONDA JOSS
*SIOJSOAUI 10} ONDA JOSS ‘Q|QDUIOISNs ‘BAUDOY}0 BulAup SNUYUOD AALOSrgO Zit BP) fed 40Z0Z-ZL0z “ONUSASI UDU] JO}sp}°** “"MOl|f YSOOD PUD SIOId MOIB IIIM mir SUIICIOSID JOUOILOJOdO PUD |OIOUDU INO
Slide 11: sesoyoindes e10Us
+ sesoyoindes e10Us spuepial Ayloodos Buunysoynuow = samiqodos Buunjooynuow Ss. “ABOJOILS UOIODO}ID |Of fussOdsundd PUD PEouU_ING Vv aa & ~ seyiqodoo jooyAjoUy 4 yf >» y
Slide 12: ANNdIDSIC WIONVNIS SIaaVW. ASOIONHDSL
ANNdIDSIC WIONVNIS SIaaVW. ASOIONHDSL
Slide 13: pesnbop ys09 19K)
pesnbop ys09 40 19K) JODIWAYS PUD JALDM aul] JONposd yyzu oud esoysind woz senuardi WOI-S$ yloz adv 190ud esoyoind WOLs$ SaNusAel WO9ES SUUBISAS AISAIISP |OUS}OUU PUD s|OUe}OW peouDApY IWLY oud espydind weet SONUSASI WS 1-01$ SINDOD DIBSLOUS DIA SNIOA BulLossiD
Slide 14: "sS999NS |DIOUDUY PUD YJMOIB aIN\Ny BAU
"sS999NS |DIOUDUY PUD YJMOIB aIN\Ny BAU II UoyIsodoid anor enbiun ,su6e}ug ‘0z0z Aq ,a1pys 49d +0$°7$ “4aMOd sBuluips aziwixow IIM SUOLLODO}}O JOJIAOd SAHOS{e PUD UIMOIB DIUDHIO ,suBSe}uy
Slide 15: Market Trends
0 4 0 4 - : KD > M� 4K > G = L 7 > G @ > �8 : G @ 6 B< > �0 K> LB = > G M� t - : KD > M� 3M K: M> @ R
Slide 16: *WJOLOAINO Of sUBS}UF 10} SaiyiuUNLOddo a|duuis Bulpipoid **°
“ *WJOLOAINO Of sUBS}UF 10} SaiyiuUNLOddo a|duuis Bulpipoid **° “ eBue||Dy> spoou : ; : Sass do} so josyuoo | | ABojouyoa} puo We cis i Bee a Sade, uo}OulUD}UuoD, S|OUOJOWW MON ISW APDAIS. luo But I |SOPUL MON ai *"DEHsOlUe SOU JOO .260 |OU6Ip,, MeUy
Slide 17: *sdiyd 10} DUDLWUSP Su} Bulso9eJOU!
*sdiyd 10} DUDLWUSP Su} Bulso9eJOU! ‘SISAUID JOJO MOU 9|CI1;NWU Aq Pepoddns si ujmos6 snonuyuoD Fis lai Vy. “L9>JOUW MSU D PUD ‘SSINUNNOAES Meu ‘sUO!LODI|Iddd MON y o
Slide 18: *SOUOYUCLOLUS PUD SDd JO
*SOUOYUCLOLUS PUD SDd JO SEIDS JODIIOAD Aq pe}oUulWOp 9q JOBUO] OU JIM AusnpUul SUL “UOISUDAX= Jo>JDW = UOLLNJOAS ABoO|OUYSE| Syboyuy DBD
Slide 19: OWI 00102
OWI 00102 Guyjnsuod xun :e21n0g PSS ESLLEESEEEEELEEES %S JO Ymo4B joNUUD UIMAID ISW AlsNPU| JO;ONPUDDIWES “SDS JOJOM SJOW = UOISUDAxXe AjIODd| “ULMOIB [SW SI|QDUIDISNs SOAP oyONpoid jes pesoesou| 2 + PUDWEP JOJONPUODILWES
Slide 20: ial yovo yovo
UL ial yovo yovo 40202-2102 L102 9102-9002 *QJBY S| UOLLNJOASI JOLSNPU! YLNOY Su} ““SIQAUP UJMOIB Sut. Je6uo| Ou 94D souoYd||jao pud sod ‘UIMOIB JO SNS D PSDUSUEAXS soy JaxJOLW ILUSS SUL (IsW) UMold JUSS UOSIIIS
Slide 21: - : M> KB: EL � N MB EBS : MB H G �:
1 0 1 0 - : M> KB: EL � N MB EBS : MB H G �: G = � < H G LN F I MB H G � I > K� P : ?> K� BL �: EL H � H G �M A > �K BL >
Slide 22: ‘sJayJ0LU BUl}OdISi10d |] ul ¢ do} auJ Ul sus suBa\Uy
‘sJayJ0LU BUl}OdISi10d |] ul ¢ do} auJ Ul sus suBa\Uy sjOue}OUWW MoU YBNoLU} YMolB jax Bulpoddns ‘sIDDILUSYS AjjoIoeds Jo Jal]ddns Aysnpul 19] au SI suBeyuy YOVO juswGes 0707-2 10Z Pe}sooe104 * spuswuBes Bulmoib 1sa41so} aut BUOCWID s10 SJO>JOW SJOUSLOW JOLONpUOSIWEs ASy
Slide 23: 2SQO} GNVN Ce JO) youd you uDaA/WOLLS
2SQO} GNVN Ce JO) youd you uDaA/WOLLS 19DJ 2160] e6pe-Hulpp9] 0 ul yyoud you IWBA/WOGLS SUDELU UDD JUsUBAOIdUUI PJaIA Y% | Xp AuOau SHUMYs OZIS B[O!IO J9IIDy JOJOM | :o160] wu Z 0} gz Wolly OL PEONPA: SI j}UUI UOYOIUEDUOS AyUNdLU! |OLEW “SOOUDAPD ABO|OUYDE} JEJOM so eBua||OUu ) |saBD] SUL SUIOLU9I J
Slide 24: piney]
piney] — ° ‘s dW so iis ‘ ke =: 7 0 * (t }) {f } (f } | \ A J LEO | Y A) Ly 0202-2102 YOVS {S410 PS}OUl}szZ AMUSAPUI! JOLONMUODIWAS SU U! |OJJUOD UOILOUILUDLUOD JO} JOPIAOIJG UOLLAIOS | #
Slide 25: WdSM Allspdo> GNWN Ge
910Z WdSM Allspdo> GNWN Ge subouy dNO4 480M Jouedns SJUBUOGWUOD JOO} ssedoid jsNqoy [O1JUOD JOJO PUD IDO SIDOIWUSYO Jam ALANOS|9s JOYBIH slosiNda1d GAD/AIV tsayjunyioddo Asay *suBa,Uz PUD — Aljsnpul Ouj JO} SailuNnLOddo jOnpoid Meu sSUDEW. *UOIISUD4} CNVN Ce oYL
Slide 26: JOO} ANg JO sjuUsUodWOD i —?
g10z JOO} ANg JO sjuUsUodWOD i —? e Pt up9|d Yyo}9-1sod ANF Zo ug 8 0» ow 8 SIO4Iy ISISe10JOUd ANI oe 8 g OG pod 9jo1181 Aa cot i Z or :saylunyioddo jonpoid mau Aay Gl oni os 8099104 WA\sAg PUD UO|dUUNSUOD jsISB1O}OUd ANA *suBejuq JO} Ayjunpoddo ysmolb jeu p°"* “**S|OIJUOD UO!JOUILUDJUOD JOJOWYS PUD
Slide 27: suoypoiddp uoDWO}ND.
suoypoiddp uoDWO}ND. SAyouo;Ny |, toll }OLsNpUy Ay0d03 MM I SepoN wDe1\suIOW ‘$A 26p3 BuIpoo1 uolsundxe Ajloodns pup JUUYs pou ‘UO!OZIIN YBIY Aq USAUP LULU QOE PUD LULU OZ *suBduUq 10} ssuewBes yymos6 PeMeuUaI 31D Sapou WIDajsUIDUW “96po Bulpps| au {snl {ON
Slide 28: 6uljpuoH as i$
6uljpuoH as i$ sjoustow peouDAPy jouo3 a6'v$ uoyouNu9|U030;51. ow paeaui6ug puo 40202 sjoo|wayYd AjpIoeds *]O14UOD UOIPOUILUDJUOD PUD S|OUS}OLU MOU JO} BUIBISW9 9D SAIIUNOAddO Ja>IOLU MON
Slide 29: pee “oe
pee “oe YOVS 109A G oO} g dd9 Jo 809%0 pe | i alll Saree s4201¢ Buipling sujo6 eious uoIsuodxe Wys JoUoo UoyDUILDJUOD BulsoesOUI ‘Aysuajut sjouejow UJMOIB SAU Of OsILedxe |OUOI}O1BdO PUD ‘AINJONYsOYUI |OQo|6 ‘ujposiq ABojouYde} s}! BuIBD1aA9| SI SUBayUZ "SIOSA SAIL OL SOIUL IXOU JOAO susan SJOMIOWW
Slide 30: “e6ua}/OY49 spoou-
“e6ua}/OY49 spoou- do} sp jo1juoo- -|2| ABqjouYyde} PUD HEI ae 2 [sf < SIOAUp UOOUILUDJUOD, sjoua}OU MeN ISW APbAIS 1U2 Gulspaiouy fs} <“Aljsnpur MeN "“AISAPUI SUJ @SOdINo Of Snu\uoD Oj} utod p ua s! suBe4ug ¢
Slide 31: ENTG: Strength and Resilience
2 0 2 0 A J PC 9 3M K> G @ MA �: G = �2 > LB EB> G < > 4H = = �% = EN G = % Q> < N MB O > �6 B< > �0 K> LB = > G M� : G = �# / /
Slide 32: subayuy ‘uo|suDdxe ja>J0WW ajqDssaiJppDd paalas ino BulAyip aiD suoynjos anbiun ,syiGajuz
subayuy ‘uo|suDdxe ja>J0WW ajqDssaiJppDd paalas ino BulAyip aiD suoynjos anbiun ,syiGajuz oJ) “uioyo Ajddns auy yBnoiuy peusnd “JOISDOJ — SUOLINJOS POJOUSJOIIP 8D sjusWAaJINbAI AyUNd so Alsnpul aut ULIM seBua||OYo UOOUILUDJUODOJS IW SSOIOD SCIYSIOULIOG SIBOLO4JS JO} SMOJ'Y —_—-SJOIAJOUU SSOIPPD Of S
Slide 33: “soulfpoep yy ,sI@WOJSND 41) Of I @|U9D Yd9} |OGo|6
“soulfpoep yy ,sI@WOJSND 41) Of I @|U9D Yd9} |OGo|6 Buunyopynupww auunjoa-ysiy dn dwoy IM S{OJOQO||OD 1UONJOS INO, 1UO|NIOS INE. *|SDJ JOAIOP PUD — BuUNJOOJNUDLU . Os-Wa|qold dja SLUN|OA-YBIY JU! SUOILNJOSs {US|} “WaIsSASODS UID sHogaE SIJUD OU >-UOISSIW
Slide 34: “JOULDd palsnuy D :suBeyuy
“JOULDd palsnuy D :suBeyuy e6p3 Bulpoe) » aaa “5 tie “wuajshsooe ulloyo-A\ddns pup Buunjoojnuow subauy SUJUS OUJ JO} SUOLLN|OS |DDYD-UOISSIW
Slide 35: ! M� MA > �< > G M> K� H ?� MA > �>
2 4 2 4 ! M� MA > �< > G M> K� H ?� MA > �> < H LR LM > F t L> KO BG @ �: EE� = > O B< > �M R I > L ! �N G BJ N > ER �< : I : ; E> � = > O > EH I F > G M� I : KM G > K 4K : G LE : MB G @ �H N K� EH @ B< ? H N G = KR �> QI > KM BL > �M H � : = = K> LL �? : LM % QI : G = BG @ �H N K� L> KO > = �: =
Slide 36: ,B J N B= �? BEM > KL �: G = �I N KB
,B J N B= �? BEM > KL �: G = �I N KB ?B > KL ,B J N B= �? BEM > KL �: G = �I N KB ?B > KL ' : L� ?B EM > KL = B? ?N L> KL I N KB ?B > KL ' : L� ?B EM > KL = B? ?N L> KL I N KB ?B > KL ! BK ; H KG > �F H E> < N E: K� 3 $ 3 6 ! # �= > EBO > K> = �@ : L> L 3 $ 3 6 ! # �= > EBO > K> = �@ : L> L 0
Slide 37: / I > K: MB H G : E�> Q< > EE> G <
/ I > K: MB H G : E�> Q< > EE> G < > 0 K> = B< M: ; E> �: G = LM : ; E> �J N : EBM R % ?? B< B> G M� b V c j [V X ij g^ c \ 3 : ?> �: G = �K H ; N LM � LN I I ER �< A : BG S d ga Y ,X aV hh < N LM H F > K� L> KO B< >
Slide 38: UOOZIIN AlojoDy peAcidy] %67-%LZ :uIBuoUWW Buyo1edo paysnipy
UOOZIIN AlojoDy peAcidy] %67-%LZ :uIBuoUWW Buyo1edo paysnipy suoljoJedo pun uloyo Ajddns jua!oiJ3, \ J@xIDWW BAogn sdgq 00-00 ISIQAUIP UIBIOW \ tumolB sajos sBuynod Ajjoioeds | IOOHNO IDaA-¢ sJOLayoW AjjoiIosds | 5 . Ueteocen aesopnpy %/Z :,UIBsOLU Buljoredo pajsnipo 7107 ISIQAUP UJMOID, SE | tuIMol
Slide 39: UOLPOZIIA AIOJOD} PEAosJdy]
UOLPOZIIA AIOJOD} PEAosJdy] SOIDUSIOJS joUoYO1edo pud ulDYd A\ddns %WOv-%Be :,ulSsou Guyosedo pejsnipy pop uei {DW BAogn sdq QOP-00Z rujmolB sajos SUPHOD!Iddo WdS,|sUIOW Ul YMold A :yooyno sDeh-¢ SUOLLNJOS UOLOSIUNd MON SIOINJODINUDOW JOD!WAYD 1D UO!O.y}I) PEDUDAPH PespuDdxy SSIOAUP YIMOID %/¢ : ,ul
Slide 40: HHA AlOJDO} PSAodsduu]
HHA AlOJDO} PSAodsduu] JUuUCJooy paonpay $nd0) Gey PEeUub\joay ISIOAUP UIBIDW. bye-%7Z :ulGuouww Buyosedo pajsnipy JaxuOW BAogp sdq CO! — }Ol4 rujmolB sajos SdNO4 PEDUDAPY :yOoyNo 1pah-¢ Suljpuny pini4 [O4jU0D pud Buisuas ISIBAUP UJMOIS) %0z :ulBuow Buyossdo paysnlpp 7107 BOL :UMOIB SOIOS / 10 ‘ulou
Slide 41: qpd| suoyoo1jddb |0907
qpd| suoyoo1jddb |0907 S@HD19A0 JOIOW uoyonpoid ewunjoA-YyBiy PUD sdiysieupiod Bulsinos Auios qd} Mau :$Z0Z-6 LOZ AINJONYSOYU! PUD JUB|D} [0907 :ABayOyS UOONSUOD GD} MAU ?810Z-9 LOZ :AUNLoddo, 4 9102 Sloz v10z LIT DUIYD Uy ayDY YMOID suBayuZ
Slide 42: “UOISO Ciysi9PD9] INO SiNsua si iqodpo ulpyo-Ajddns pud
“UOISO Ciysi9PD9] INO SiNsua si iqodpo ulpyo-Ajddns pud “BuunjoDjnuDUW JsNqol “ABO|OUUDE} Ul SJUBUUJSSAU! PSNUILUOD, “laud psjsny ‘USAOIC :suBe\ug
Slide 43: Not Just Innovation, Innovating Smarter
3 2 3 2 . H M� *N LM �)G G H O : MB H G )G G H O : MB G @ �3 F : KM > K +C G �0 [/ ? CFF # A B> ?� 4> < A G H EH @ R �/ ?? B< > K�
Slide 44: *yoDoiddd Mau SIU} JO J@AUD AQ OU] S| UO!FOAOUU! SJOUEJOW
*yoDoiddd Mau SIU} JO J@AUD 2 AQ OU] S| UO!FOAOUU! SJOUEJOW *sdIUD PSSUDAPD BOW PIING O} be SADM MOU BUIPUIJ |NOD s,{I""* eoupwopeg e21Keq Uo joodW SAyOION *"SJOJSISUDI} JO|JOLUS UBNOJUY sal paeds Bulsoadul Adualoyje ABisue Pud peeds BuyndwoD jnoqo Je6u0] ou s,4I SI9AUG SDUDWOYad 221A9q "“MD] S,QIOO
Slide 45: “uolONposju!l ABOjOUYdEa} Ajo,
“uolONposju!l ABOjOUYdEa} Ajo, ID SUIDWAI ,,P|SIA 0} Peed “duunl pjalA Bul6ua||oyo Siow pud A\IX9|AWUOD ssed01d SOW SUDSWW YOIUM s]bUayoUW Siow ouINbal sdiyo PeouUDAPY
Slide 46: subajuq
subajuq D “aIQIssod UOOAOUU! PIdDJ SxOW JOU} SsNJONAsDyyUl eu} puDd ‘ajdoad ou ‘sassazoid ou Ul sjsoAu! sUBO{Ug “UOLLNDEXA PID) ‘AsIadxa |ODIUYA} ‘salp|IGodos Buyeeulbue SAISUBYSIALUOD UJIM SIBI|GNS s|OUOFOLU ASES SIOLUOJSND “UO!LOAOUU! SAIOOLYO SOIINDSJ SAIIO M07] $,QJOOW Buldosy
Slide 47: sseooid juswaBoudW O1|Ojpiod ealsusyaIdWoD
sseooid juswaBoudW O1|Ojpiod ealsusyaIdWoD ss9o01d 3106 a6pjs payluy @IN|JND UOYDAOUUT |sNgos D paysiiqojse soy suBejuy SEBUaIIOYS JOWOJSND ||NDYJIP O} suoA}os Buidojansp JO SIDSA QG 19AO Puy **"OlOJIOd INO Ul sJONPOd 000'0Z UOU} SJOLU UII, "JNO EpIsu! oul subawy WOdl SUDIS UOILOAOUUI JOUDLUS :SOeSs
Slide 48: swbayuy seBualoyo sawOsNd ASyx UO jUdUSBOBHuP Jajjaq sajqoUuS:
swbayuy seBualoyo sawOsNd ASyx UO jUdUSBOBHuP Jajjaq sajqoUuS: fo,9) DIS UI UBD} |ODIUYDe} BuJdOj-18LWO|snd e10W BuIUOIsog t YIOVNVW LNNODOY oan ) Me O Jy 02026 - fn re -O~O> Solty oj Bupeauy6uy pauypyy A\YyS}H ASILY3dX3 TWOINHDAL “UOLLAJOS SUL SLOSID PUD — Wa|qoid OU UO SNdOj O| APN — IBBOUDW JUNOD
Slide 49: DOVSIIIG Ul GO] |ODYA|OUD MON
4 DOVSIIIG Ul GO] |ODYA|OUD MON UDMID] PUD DEJOY SGD] UO} MON UOMID] UL GO| dWD MON UDMID] Ul JUBUUCINDS ABO|O.oW MON 1oyBupys u! qo] suoyoOo|ddo MeN “SOUINIGOADD |OO|UYD9} Ul xadD2 8L0Z-ZL0Z JO +WOLS UDU} B1OLW BUlseAu]
Slide 50: “UOIJOAOUU! U! SIQUPDd 91D OM
“UOIJOAOUU! U! SIQUPDd 91D OM “yaiddns b ysn{ 1D uD) SOW *SUO!OIOQDI|OD AijsnpuUl JO Lod jOoYUS AjBulsoas9U! UD 41 SYD UOIJIsSOdoid ON|OA PUD japow ssouisng ,suBajuz SallunUOddo fonpold Mau splsiA GNVN GE UI SIOLUOJSND YIM BUDLOM sub SUOIOD Ul UOLLOOQDI|OD
Slide 51: sbayuq
sbayuq @ @NUBAA) |OJO} 0} sjONpoid mou | JO UoYNQuiUCS YdN Bulspai5u} IDB) Old YIN % “SIINSO1 UOU PEPIslA sOyU oulBue UOILO syooloid Gey Aowaw ul espaiout olloyog paounjog y 26o1%e howen sm Ju0%— juewdojecsp ul eso@loul ABojouyda] puv gy Uo snd0j paspalou] ry oo oe” (1/1 - 91/8) sjoslolg Ae Yoo! QUU
Slide 52: Or61 ‘AD UD|Y — ,"f| JUPAU! O} S| ’N}Ny OU} JOIPEId OF ADM Jseq
Or61 ‘AD UD|Y — ,"f| JUPAU! O} S| ’N}Ny OU} JOIPEId OF ADM Jseq SUL, Sdiusioupiog D1Baypug | SUOYNIOS DHSIOH | UOIOACUU| sjOUa;OW “UOLJOAOUU! SALCOPD Of PayjiUWWOD $) suBe}puy “"1XOU SOUUOD ABOJOUYDAI UI! JIUS JOUM JOLLOW ON swhoyuq j-7)
Slide 53: Growing Cash Flow and Earnings
4 2 4 2 A J PC 9 ' KH P BG @ �# : LA �& EH P �: G = �% : KG BG @ L ' K> @ �' K: O > L % Q> < N MB O > �6 B< > �0 K> LB = > G M� : G = �# &/
Slide 54: ' KH P MA �BG �> Q< > LL �H ?� F : KD
' KH P MA �BG �> Q< > LL �H ?� F : KD > M� / I > K: MB G @ �F : K@ BG �> QI : G LB H G )F I KH O > �? K> > �< : LA �? EH P �R B> E= 3M KH G @ �% 0 3� @ KH P MA N & @ )G M> KG : E�< : I : ; BEB MB > L < : I : < BM R � 3M K: M> @ B< �: < J N BL BM BH G L )G O > LM F > G M� I KB H KB MB > L &B G : G
Slide 55: if espeJoul \)
9102 aw if espeJoul \) \%evL ) “suBelug Jo} PpsloD oy) SIAUDW JO108, / | OZ
Slide 56: SINS JOIOW.
SINS JOIOW. “JOD SAOGD %9'Z JO ;S{OY UIMOID JOnuuy PUNOdWOD PeArslydD SM bb LL 288 SOUNDUUOLEdINo subewg JO>JOW JO O94 JOULOUY
Slide 57: %S7 PEapeecdxa
%S7 PEapeecdxa ors SUOMI $ iu640W VGLIga PUP VdLiga "sUB9{UJ JO} seslodau AUDW Jo IO8, ~/ 10%
Slide 58: subayuy vy
subayuy vy QD £102 910z S10z baled €10z “suBejuy JO} SPIODOI AUD JO JOS, ZL0Z
Slide 59: *sdq ogz Aq
*sdq ogz Aq pepundxe ulByouw MOlj USO 82J4 suoyuu uy § “el |MO}4 YSDD 2214 *suBe4uUq JO} SPJODE1 AUD JO JOO) L100
Slide 60: Z10z'98q 910z'9eq s10z'2eq ¥10z‘9ea_¥10z ‘aed
Z10z'98q 910z'9eq s10z'2eq ¥10z‘9ea_¥10z ‘aed “yymolB ainyny *S{UUUOJ|AUS || Ul Co oo spoddns jaoys Bl WINWWIXOLU S19}JO @9uD|0q punos JQ@P JO WO} pud edoysg,, se q ol “suJUOU Z| JXOU Ul Pel|oSsdxe JuaWUADdad JO WOOL$ |QUOKIPPD “FL0Z euNr eduIs }GeP Jo $ plodey “sdq $@Z snid YOgIT 10 JGEP WAS} JO W¥
Slide 61: ; U c g [e [f [a ` e. = X f j ^h
; U c g [e [f [a ` e. = X f j ^h ^i ^d c H ?� ! 4- )�B G � � - �G > M� H ?� < : LA �: < J N BK > = ; H > �= I H NC H O ? > �Y < I FN �I H Z� ; = K O CM CN CI H M� < LI ; > ? H ? > �= ; J ; < CFC NC ? M� : G = �E> O > K: @ > = �@ EH ; : E�I E: M? H KF � ? K % > ? d c i^ c j Z Y BG O >
Slide 62: # H EE> < MB O > �L MK > G @ MA �H
# H EE> < MB O > �L MK > G @ MA �H ?� % G M> @ KBL : EEH P L� ?H K� LM KH G @ �@ KH P MA �: G = �I KH ?B M: ; BEB MR / E= � �� T �� . > P � 1 � � ! = CN LM BG @ �< H KI H K: M> �< H LM �: EEH < : MB H G L� MH �; > �< H G LB LM > G M� P BM A �BG = N LM KR �I > > KL � 0 F ; 9 ?7
Slide 63: e2iDYUs Jag sBuUIDg
e2iDYUs Jag sBuUIDg one zui6iDW BCE vauiea Paisnipy STC$-SLT | GOT$-GELS | SBIS-SLI$ So Is-sr'I$ | Se1$-S7' 1$ | SI uiBinw ' Buynsedo pajsnipy SZUI¢ (Suoypus uy $) enusrcy Ionjpy jonjoy POW [oUIapg papuddxg POW [OUsa}xa jUSLND Tin) Mais *12A9] VALIGA {O YBNOIUJ-MO}, |OJUSWWSJOU! %Op SELUNSSD SNUSASI
Slide 64: �, E D *A ; ; J I� /
5 3 5 3 �, E D *A ; ; J I� / ; F E HJ ; : 6 ; 7 H� 1> H; ; 'B BK IJ H7 J? L ; �+ E : ; B K W h W ` g W $ 0 +2 3 2 $ 0 +5 3 5 - F ; H7 J? D = �' D 9 E C ; � # '1 $ 1 8 8 �, $ 3 0 1 - F ; H7 J? D = �C 7 H= ?D 1 1 -2 % �, 1 4 % 'D J; H; IJ �; N F ; D I; $ 2 1 $ 1 8 - F ; H7 J? D
Slide 65: ; H� 1> H; ; � - F ; H7 J? D = �#
6 ; 7 H� 1> H; ; � - F ; H7 J? D = �# . 0 K O 8 7 9 A �0 > 7 H; I *; L ; H; : �+ # / +- - ( . $ / -2 4 2 $ 0 -/ / 4
Slide 66: "sS999NS |DIOUDUY PUD YJMOIB aIN\Ny BAU
"sS999NS |DIOUDUY PUD YJMOIB aIN\Ny BAU II UoyIsodoid anor enbiun ,su6e}ug ‘0z0z Aq ,a1pys 49d +0$°7$ “4aMOd sBuluips aziwixow IIM SUOLLODO}}O JOJIAOd SAHOS{e PUD UIMOIB DIUDHIO ,suBSe}uy
Slide 67: Appendix
5 6 5 6 = e e Z c Y ^m
Slide 68: Adjusted Operating Income and Adjusted EBITDA
5 7 5 7 ! = CN LM > = �/ I > K: MB G @ �)G < H F > �: G = �! = CN LM > = �% " )4 $ ! 4A > �K > < H G < BEB : MB H G �H ?� ' ! ! 0 �F > : LN K> L� MH �! = CN LM > = �/ I > K: MB G @ �) G < H F > �: G = �! = CN LM > = �% " )4 $ ! �? H K� MA > � R > : KL �> G = > = �$ > < > F ; > K � �
Slide 69: J d c ,' ! ! �% 4A > �K > < H G
5 8 5 8 J d c ,' ! ! 0 �% 0 3 4A > �K > < H G < BEB : MB H G �H ?� ' ! ! 0 �F > : LN K> L� MH �. H G ,' ! ! 0 �% : KG BG @ L� I > K� 3 A : K> �? H K� MA > �R > : KL �> G = > = � @ Z X Z b W Z g � � � � � : G = � �: K> �I K> L> G M> = �; > EH P 0 )G <
Slide 70: Segment Bridge reconciliation
6 / 6 / 3> @ F > G M� " KB = @ > 2 > < H G < BEB : MB H G �H ?� ' ! ! 0 �3 > @ F > G M� 0 KH ?B M� MH �! = CN LM > = �/ I > K: MB G @ �) G < H F > 0 4A > �# H F I : G R �: = CN LM > = �< H KI H K: M> �< H LM �: EEH < : MB H G L� K> E: M> = �M H �( 2 � &B G : G < > � : G = �) 4� BG < EN = > = �BG �
Slide 71: Segment Trend
6 0 6 0 ' ! ! 0 �3 > @ F > G M� 4K > G = �BG �M A H N L: G = L M 0 0 5 M 1 0 5 M 2 0 5 M 3 0 5 T P@ 0 5 M 0 0 6 M 1 0 6 M 2 0 6 M 3 0 6 T P@ 0 6 L S ^W e O? A I �� � � �� � � �� � � �� � � �� �� �� � �� � � �� �
Slide 72: Segment Trend
6 1 6 1 J K J ,' ! ! 0 �3 > @ F > G M� 4K > G = �BG �M A H N L: G = L M 0 0 5 M 1 0 5 M 2 0 5 M 3 0 5 T P@ 0 5 M 0 0 6 M 1 0 6 M 2 0 6 M 3 0 6 T P@ 0 6 L S ^W e O ? A I �� � � �� � � �� � � �� � � �� �� �� � �� �