Slide 1: Chart Completes Acquisition of Howden
Chart Completes Acquisition of Howden March 17, 2023 NYSE: GTLS Exhibit 99.2
Slide 2: Forward-Looking Statements
Forward-Looking Statements Certain statements made in this investor presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning Chart’s business plans, including statements regarding
Slide 3: Benefits of the Combination
Benefits of the Combination More first-of-a-kind full solution opportunities in the Nexus of Clean™ Less cyclicality: expands aftermarket, service and repair, and creates balance between project-based and book and ship orders Expands geographic manufacturing footprint Reduces customer concentration
Slide 4: Combined Solutions Across the Nexus of Clean
Combined Solutions Across the Nexus of Clean™ Valves / Vaporizers Expanders Liquefiers Cold Boxes BAHX ACHX Bulk & Microbulk Fans Transports Hydrogen Helium LNG Biogas Nuclear Energy recovery Biofuel / synfuels Biomass Fans Compressors Blowers Heaters Steam Turbines SaaS Vaporizers Cryo-lease Bulk t
Slide 5: Howden Product Portfolio
Howden Product Portfolio VentSim™ Design Uptime Software & Digital Reciprocating Screw Diaphragm Centrifugal Compressors Gas-Gas Heater Air Preheater Rotary Heaters Blowers & Fans Rotary Blowers Turbo Blowers Centrifugal Fans Cooling Fans Steam Turbines Multi-Stage Single-Stage
Slide 6: Expanding Exposure to Additional Markets
Expanding Exposure to Additional Markets Howden additions LNG Food & Beverage Biofuels Marine Systems Critical Care Metal Mining Energy & Chemical Hydrogen Space Cannabis Lasers Tunnel & Metro Biomass Over the Road CCUS Molecules by Rail Water Nuclear Energy Recovery Industrial Gas
Slide 7: How We Think About The Business
Cryo Tank Solutions Heat Transfer Systems One Chart Global Commercial Team 02/15/2022 Repair, Service & Leasing Chart New Build Products Air Cooled Heat Exchangers (ACHX) Brazed Aluminum Heat Exchangers Cold Boxes Nitrogen Rejection Units (NRU) Integrated systems High Efficiency Flow Fans Chart New
Slide 8: Combination Reduces Chart's Cyclicality
Combination Reduces Chart’s Cyclicality Chart 2008 - 2018 Chart FYE 12/31/2022 Chart + Howden 1 >90% of sales related to traditional O&G and industrial gas 38% of sales related to traditional O&G and industrial gas 28% of sales related to traditional O&G and industrial gas 2 One Big LNG project in 1
Slide 9: Complementary Exposure to Specialty Markets
Complementary Exposure to Specialty Markets Market What is in this category Approximate % of annual revenue % of revenue Growth Drivers Chart Howden Combined Estimated Mkt growth opportunity Aftermarket, repair, and service Field service Remote monitoring Spare parts 13% 48% 31% +20% Penetration of
Slide 10: Specialty Products: Total Addressable Market Increase
$ billions Chart TAM as of 02/24/2023 Howden TAM Estimate Combined TAM End-use of Products Near-term TAM(1) 2030 TAM CAGR(2) Near-term TAM(1) 2030 TAM CAGR (2) Near-term TAM(1) 2030 TAM CAGR(2) Hydrogen Biofuels & Synfuels Nuclear Energy recovery $4.50 26.8% $6.40 28.5% $11.00 27.8% CCUS Marine 1.00
Slide 11: Howden & Chart Cost and Commercial Synergies
Howden & Chart Cost and Commercial Synergies 1 Additional cost synergy opportunities identified Footprint consolidation – numerous additional offices and other sites resulting in identified $25M+ in additional potential synergies, exceeding our initial target Consolidate Chart’s existing repair and
Slide 12: FY 2023 Chart Industries Outlook
© 2022 Chart Industries, Inc. Confidential and Proprietary 2 FY 2023 (Calendar) Chart Industries Outlook (8) $ millions except per share amounts Chart Standalone FY2023 (1) Howden ~9 Months 2023 (6) Cost Synergies realized in FY 2023 Additional Financing and Deal Costs in 2023 Chart Industries Conso
Slide 13: Pro Forma Adjusted EBITDA Bridge 2023 to 2024
Pro Forma Adjusted EBITDA Bridge 2023 to 2024 Combined Chart + Howden Reiterating our 2024 Combined EBITDA Forecast Revenue growth led by energy transition markets and backlog conversion Implied organic volume leverage of ~30% Favorable mix driven by energy transition verticals Cost synergies embedd