Interface, Inc. · NASDAQ:TILE

Interface — Merger or Acquisition (June 2018)

12 slides from Interface's merger presentation, Jun 14, 2018

  1. Slide 1: Interface Announces Planned Acquisition of nora

    Interface Announces Planned Acquisition of nora JUNE 2018

  2. Slide 2: Forward-looking statements

    Except for historical information contained herein, the other matters set forth in this presentation and the accompanying conference are forward looking statements. Forward-looking statements include, without limitation, the Company’s expectations regarding the closing, and timing of closing, of the

  3. Slide 3: Investment Highlights: Who We Are

    Investment Highlights: Who We Are a leadingglobal provider of commercial flooring solutions the most valuable brand in the flooring category strongest global sales & marketing capabilities global manufacturing footprint and industry-leading gross margins an engaged, customer-centric culture, focused

  4. Slide 4: Interface's Growth and Value Creation Strategy

    Grow the CoreCarpet Tile Business Build a Modular Resilient Flooring Business ExecuteSupply ChainProductivity Optimize SG&AResources Interface’s Growth and Value Creation Strategy Lead a World-Changing Sustainability MovementCentered Around Mission Zero and Climate Take Back Interface’s vision is to

  5. Slide 5: nora is a Premium Commercial Brand

    nora is a Premium Commercial Brand nora is a leading global manufacturer of commercial rubber floorcovering systems for healthcare, education, life sciences, public buildings and other end markets

  6. Slide 6: Global Commercial Flooring: Segment Size vs Forecast Growth and Gross Margin

    GLOBAL COMMERCIAL FLOORING: SEGMENT SIZE vs FORECAST GROWTH and GROSS MARGIN Source: USFLOOReport, Catalina Research and Management estimates nora is a Global Leader in Performance Flooring nora is the leader in the nearly $1B rubber flooring category of the $34B global commercial flooring industryR

  7. Slide 7: Who is nora

    Sales of €229M in 2017Founded in 1938 and currently owned by ICG (Intermediate Capital Group)Headquartered in Weinheim, Germany with 15 offices worldwide One manufacturing facility in Weinheim with capacity for growthWarehouses in Weinheim, Salem, NH and Shanghai, China1,100 employees worldwideExper

  8. Slide 8: Interface and nora Together: Geographic Reach

    Interface and nora Together: Geographic Reach * * * * * * * Based on proforma 2017 gross billings +

  9. Slide 9: Interface and nora Together: Segmentation

    Interface and nora Together: Segmentation * Based on proforma 2017 gross billings * * * Americas EMEA APAC Americas EMEA APAC + * * *

  10. Slide 10: Transaction Overview

    Transaction Overview Accelerates Interface’s value creation strategy by expanding Interface’s resilient product portfolio and accelerating growth in key non-office segments All cash purchase of approximately $420M for 100% of nora. Financed entirely with debt through a new term loan under Interface’

  11. Slide 11: Appendix: Reconciliation of Non-GAAP measures

    Appendix: Reconciliation of Non-GAAP measures Note: nora financials are based on unaudited management accounts

  12. Slide 12: Appendix: Reconciliation of Non-GAAP measures

    Appendix: Reconciliation of Non-GAAP measures

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