Slide 1: Mattr Investor Presentation
Mattr Investor Presentation MARCH 2025
Slide 2: Forward Looking Information
Forward Looking Information This presentation contains forward-looking information within the Additional information on the risks and uncertainties on the meaning of applicable securities laws. Words such as "may", "will", Company’s business can be found in the Company’s current Annual "should", "an
Slide 3: Mattr in Brief
Mattr in Brief $0.9B 1,500+ Mattr is a Materials Technology Company 2024 Employees Revenue Worldwide Enabling Renewal and Expansion of Critical Infrastructure 0% 2% Asia Pacific Global Reach 11% & Diversity Revenue by North America • Mattr is a growth-oriented, global materials technology Geographic
Slide 4: A Materials Technology Company Enabling Renewal & Expansion of Critical Infrastructure
A Materials Technology Company Enabling Renewal & Expansion of Critical Infrastructure Leading Player in Every Target Market Our Brands are Trusted to Deliver: BUSINESSES Connection Technologies Composite Technologies Extreme capability & reliability in Supplier of specialty wire and cable and int
Slide 5: High-Value Materials Based Technology Offerings
High-Value Materials Based Technology Offerings Expertise in extrusion technology and complex manufacturing Composite Technologies Premium Quality Heat/Cold Shrink Technology & Application Manufacturer of flexible and Equipment composite solutions for severe environments and applications Premium Spo
Slide 6: Mattr – Levering Materials Technology to Accelerate EBITDA Generation
Mattr – Levering Materials Technology to Accelerate EBITDA Generation Adjusted EBITDA REVENUE Adjusted EBITDA CAGR 2021-2024 CONNECTION $263 $357 $45 $57 8.2% TECHNOLOGIES 2021 2024 2021 2024 (11.9% excl. MEO) 10.1% $528 $375 COMPOSITE $54 $72 TECHNOLOGIES (15.9% excl. MEO) 2021 2024 2021 2024 $638
Slide 7: Emerging from Transformation & AmerCable Acquisition to Pursue Strong Growth, Profitability & Cash Flow Ambitions
Emerging from Transformation & AmerCable Acquisition to Pursue Strong Growth, Profitability & Cash Flow Ambitions >10% growth Revenue 2030 Organic Ambitions 20%+ Adjusted EBITDA Margin 70%+ Free Cash Flow Conversion 2024 $885M Transformation year with margins burdened by North American production 12
Slide 8: Proven Record of Capital Deployment
Proven Record of Capital Deployment Deploying Nearly $1B of Capital Normal Course Net-debt-to Organic Generated ~$500M from Adjusted EBITDA <2x Investment Portfolio Rationalization Activities Moving above normal course 2x Substantial committed Capital Allocation since the beginning of 20211 with acq
Slide 9: Multi-Year, High-Return, Low-Risk Capital Growth Plans
Multi-Year, High-Return, Low-Risk Supporting high return organic growth opportunities with appropriate Capital Growth Plans CAPEX and working capital CAPEX ($CAD MM) o Annual maintenance CAPEX need is $10-15M $160 o Remaining spend is growth CAPEX $148 $10 o Hurdle Rate IRR > 20% after tax $140 o 20
Slide 10: Committed to Actively Managing Debt
Committed to Actively Managing Debt Net Debt/Adj. EBITDA $500 ($CAD MM) 437 421 410 Net Debt Including Leases 2019 Year End 3.2x $400 Net Debt Excluding Leases 2024 Year End 1.0x 291 307 281 266 246 $300 348 331 327 222 207 163 $200 239 152 146 219 219 207 119 132 $100 168 193 163 87 79 Mattr target
Slide 11: Committed to Returning Capital to Shareholders
Committed to Returning Capital to Shareholders o On June 26, 2024, the Company announced that the TSX had approved the Company’s notice of intention to renew Normal Course Issuer Bid (NCIB) The company exhausted the its NCIB for common shares of the Company. capacity of its initial NCIB in Q4 of 202
Slide 12: Strong Growth Momentum & Powerful Balance Sheet, Trading Significantly Below Peer Group Average
Strong Growth Momentum & Powerful Balance Sheet, Trading Significantly Below Peer Group Average Our Peers are Premium Industrial Net Debt/Adj. EBITDA Product Manufacturers 2021 – 2024 Adj EBITDA CAGR 2019 3.2x 8.7% Ticker Company EV/EBITDA 2024 1.0x Multiple* (14.4% excl. MEO) BF AIN-USQ Albany Inte
Slide 13: Potential Tariff Exposure
Potential Tariff Exposure Mattr products are USMCA compliant In 2024, including AmerCable: ~30% of Revenue and ~45% of COGS was derived from products sold or raw materials sourced across the US/Canada border. This exposure is expected to decline as new facilities elevate output: Xerxes – 2 of 6 fa
Slide 14: Thank you.
O Thank you. Technologies
Slide 15: Mattr Supplemental Slides
Mattr Investor Presentation Supplemental Slides March 2025
Slide 16: Positioned to Benefit from Long-Cycle Macro Themes
Positioned to Benefit from Long-Cycle Macro Themes Aging Population Resource Climate Infrastructure Movement Scarcity Change Replacements needed for New infrastructure needed Infrastructure needed for High quality products needed to infrastructure at end of life to support population growth & water
Slide 17: Xerxes Fuel Tank Demand Rising on Secular Renewal & Expansion Trend
Composite Technologies Xerxes Fuel Tank Demand Rising on Secular Renewal Manufacturer of flexible & Expansion Trend composite solutions for severe environments and applications o More than 98% of vehicles on US roads rely on liquid fuels o According to the US Department of Transportation, total U.S.
Slide 18: Xerxes HydroChain – Enabling Long-Life Water Management Solutions
Composite Technologies Xerxes HydroChain – Enabling Long-Life Water Management Solutions Manufacturer of flexible composite solutions for severe environments and applications Capture and Conveyance o Site-specific designs with highly engineered products that provide end-to-end stormwater Pre-Treatme
Slide 19: Flexpipe Technology Advancement Dramatically Expands Addressable Market
Composite Technologies Flexpipe Technology Advancement Dramatically Expands Addressable Market Manufacturer of flexible composite solutions for severe environments and EMEA applications Canada United States APAC o Larger diameter (up to 6”) products released since 2021 have DOUBLED LAM 2-4” TAM Flex
Slide 20: Built to Operate in Extreme Environments with Uncompromising Reliability
Connection Technologies Built to Operate in Extreme Environments Supporting global electrification by providing with Uncompromising Reliability specialty wire, cable and Connection integrated heat shrink Technologies solutions for severe environments and Supporting global electrification application
Slide 21: AmerCable expands addressable market for wire and cable business
Connection Technologies AmerCable expands addressable Supporting global electrification by providing market for wire and cable business specialty wire, cable and integrated heat shrink solutions for severe environments and applications >70% of US Electrical Utility Canada Grid is >25 years old US ad
Slide 22: DSG Growth in Industrial & Infrastructure Markets
Connection Technologies DSG Growth in Industrial & Supporting global Connection by providing electrification Infrastructure Markets specialty wire, cable and Technologies integrated heat shrink solutions for severe Supporting global electrification environments by providing specialty wire, and appli
Slide 23: AmerCable Acquisition
AmerCable Acquisition Positions Mattr as one of the premier, custom engineered cable manufacturers in North America Adds medium voltage capabilities, which are essential to enabling electrification in key end markets Creates a highly strategic North American wire and cable manufacturing footprint to
Slide 24: Organic and Inorganic Investments Expand Capacity and Efficiency While Optimizing Footprint
Organic and Inorganic Investments Expand Capacity and Efficiency While Optimizing Footprint Vaughan, ON, Canada Wire & Cable Manufacturing $113.3M of capex deployed in 2024 with First Production Commenced Late 2024 $60-70M additional deployment Relocation to be Completed Mid-2025 Fairfield, OH, USA