Baylin Technologies, Inc. · TSX:BYL

Baylin Technologies — Investor Presentation (March 2023)

14 slides from Baylin Technologies's investor presentation, Mar 22, 2023

  1. Slide 1: Corporate Presentation

    WHEN CONNECTIONS COUNT C o rp o rate P resen tatio n March 2023 Confidential © 2022 Baylin Technologies All rights reserved. 1

  2. Slide 2: Forward-Looking Statements

    WHEN CONNECTIONS COUNT FORWARD-LOOKING STATEMENTS This presentation may include “forward-looking information” and “forward-looking statements” (together, “forward-looking statements”) within the meaning of applicable securities laws. Forward-looking statements are not statements of historical fact.

  3. Slide 3: Baylin company overview: founded, headquarters, employees

    WHEN CONNECTIONS COUNT Satellite Mobile Infrastructure Embedded Connectivity Antennas Antennas Antennas Founded | Galtronics Israel 1978, moved to Canada in 2008 Advantech Canada 1993 Baylin is a global company dedicated to advancements in radio frequency (RF) technology through innovations in engin

  4. Slide 4: Business Overview

    WHEN CONNECTIONS COUNT BUSINESS OVERVIEW Revenue by Business Line (C$ millions) Mobile & Network Antennas • Headquartered in Suwon, South Korea, the Mobile and Network team operates as a contact manufacturer (CM) for Samsung and as an original design manufacturer (ODM) of antennas principally for Ko

  5. Slide 5: Example Customers by Segment

    WHEN CONNECTIONS COUNT EXAMPLE CUSTOMERS BY SEGMENT Infrastructure Antennas Embedded Antennas Satellite Communications Mobile & Network Antennas Distribution Partners Confidential © 2022 Baylin Technologies, All rights reserved. 5

  6. Slide 6: Business Performance Prior to Q3 of '21

    WHEN CONNECTIONS COUNT BUSINESS PERFORMANCE PRIOR TO Q3 OF ‘21 Revenue Gross Profit by Quarter 50.0 20.0 45.0 15.0 40.0 35.0 10.0 30.0 25.0 5.0 20.0 0.0 15.0 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 10.0 Q4 18 Q1 19 Q2 19 Q3 19 Q4 19 Q1 20 Q2 20 Q3 20 Q4 20 Q1 21 Q2 21 -5.0

  7. Slide 7: Business Performance Prior to Q3 of '21: Adjusted EBITDA

    WHEN CONNECTIONS COUNT BUSINESS PERFORMANCE PRIOR Q3 OF ‘21 Adjusted EBITDA by Quarter Major Events 8.0 Satellite Acquisitions 6.0 Acquired Advantech Wireless in Q3 2018 Acquired Alga Microwave at end of 2018 4.0 Companies were not integrated and performed poorly from 2019 – mid 2021 2.0 Invested in

  8. Slide 8: Business Performance Since Q2 '21

    WHEN CONNECTIONS COUNT BUSINESS PERFORMANCE SINCE Q2 ‘21 Revenue Gross Profit by Quarter 40.0 10.0 8.0 35.0 6.0 30.0 4.0 25.0 2.0 0.0 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22* 20.0 -2.0 15.0 Q2 21 Q3 21 Q4 21 Q1 22 Q2 22 Q3 22 Q4 22* -4.0 Confidential © 2022 Baylin Technologies, All rights reserved

  9. Slide 9: Business Performance Since Q2 '21: Major Events

    WHEN CONNECTIONS COUNT BUSINESS PERFORMANCE SINCE Q2 ‘21 Major Events Adjusted EBITDA by Quarter Wrote off bad inventory from Acquisitions Jun‘21 2.0 Negotiated new loan covenants in Jul ‘21 1.0 Price Concession in APAC in Aug ‘21 0.0 Received Cash infusion of $15m in Sep/Oct ‘21* Q2 21 Q3 21 Q4 21

  10. Slide 10: Backlog Performance

    WHEN CONNECTIONS COUNT BACKLOG PERFORMANCE Major Events Launched new market strategy in multiple segments Eliminated low margin products, improved margins on products through price increases and efficiencies Launched new STIP/LTIP incentive plans Competitive Differentiation Launched major new Infras

  11. Slide 11: Future of the Business

    WHEN CONNECTIONS COUNT FUTURE OF THE BUSINESS Baylin Total Backlog at Year End Baylin Historical Performance 40,000 Revenue EBITDA 38,067 153,323 36,444 150,000 136,214 35,000 119,739 120,856 102,494 30,000 100,000 25,431 25,000 50,000 20,000 18,252 17,817 13,801 17,117 6,350 2,733 0 1245 0 15,000 2

  12. Slide 12: Q&A

    WHEN CONNECTIONS COUNT Q&A Confidential © 2022 Galtronics Corporation Ltd. All rights reserved. 12

  13. Slide 13: Appendix

    WHEN CONNECTIONS COUNT Appendix Confidential © 2022 Baylin Technologies, All rights reserved. 13

  14. Slide 14: Board of Directors

    WHEN CONNECTIONS COUNT BOARD OF DIRECTORS Jeffrey C. Royer Director Since: Barry J. Reiter Director Since: Chairman Sep. 2013 Lead Director Nov. 2013 Mr. Royer is a private investor with interests in telecommunications, Mr. Reiter is a senior partner of Bennett Jones LLP, and acts as the broadcastin

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