Tredegar Corporation · NYSE:TG
Tredegar — Shareholder Meeting (May 2012)
32 slides from Tredegar's shareholder meeting presentation, May 18, 2012
Slide 1: Annual Meeting of Shareholders May 16, 2012
Annual Meeting of Shareholders May 16, 2012 Exhibit 99.2
Slide 2: Greg Williams
Greg Williams
Slide 3: Board nominees
George Newbill Austin Brockenbrough William Gottwald Richard Morrill
Slide 4: Greg Williams
Greg Williams
Slide 5: Nancy Taylor
Nancy Taylor
Slide 6: Challenges we are facing
Challenges we are facing
Slide 7: Forward-Looking Statements
Forward-Looking Statements Certain statements contained in today’s presentation are forward- looking statements. Pursuant to federal securities regulations, we have set forth cautionary statements relating to those forward-looking statements in our Annual Report on Form 10-K for the year ended Decem
Slide 8: Tredegar Stock Performance
Tredegar Stock Performance Percentage Change Since May 1, 2011 $13.92
Slide 9: Kevin O’Leary
Kevin O’Leary
Slide 10: Bonnell Safety Trend
Bonnell Safety Trend Total Recordable Incident Rate Lost Time Incident Rate
Slide 11: Films Safety Trend
Films Safety Trend Source: Bureau of Labor Statistics (NAICS Code 326) *
Slide 12: Financial Overview
Financial Overview Challenging economic condit s continue 2011 results varied across our businesses Terphane acquisition — delivering on our acquisition strategy
Slide 13: Adjusted EBITDA
Adjusted EBITDA Ongoing Operations ($ millions) Film Products 107 106 109 98 1 5 Top-line volume down in surface protection and personal care Terphane acquired in late 97 2011 Bonnell Aluminum Higher EBITDA driven by volume increase of 14% and (4) (2) continued success of cost 2008 2009 2010 2011 re
Slide 14: 2011 Financial Overview - Net (Debt) Cash
($ millions) Cash generated from operations funded nearly 40% of the Terphane acquisition Tredegar Corporation 2011 Financial Overview - Net (Debt) Cash 2011 Activity
Slide 15: Diluted Annual Earnings Per Share
Diluted Annual Earnings Per Share Ongoing Operations ($) 89 .89 | 7 l ; 2010 2011 1Q11 1Q12
Slide 16: Terphane Strategic Fit
Terphane Strategic Fit Delivering on our Acquisition Strategy
Slide 17: Terphane Market Dynamics
Terphane Market Dynamics Global PET Capacity Utilization Ø The industry was near peak capacity utilization in 2011 Ø Industry projections for PET growth are strong Capacity expansion is essential to Terphane’s business strategy
Slide 18: Terphane Transaction Overview
Purchase Price (net of cash acquired) $183MM EBITDA Multiple 2010 29.0 6.3 2011 38.4 4.8 Financial Overview Terphane Transaction Overview Purchase Price Summary 1. Based on Terphane’s historical financials 2. Acquired on October 24, 2011 We priced the transaction knowing that the business was coming
Slide 19: New Revolving Credit Facility
Financial Overview New Revolving Credit Facility Tredegar’s strong balance sheet and new $350MM credit line supports our growth strategy
Slide 20: Nancy Taylor
Nancy Taylor
Slide 21: Challenges Affecting our Films Performance: Surface Protection
Lower demand causing intense price pressure Challenges Affecting our Films Performance Surface Protection
Slide 22: Addressing Challenges in Films
Addressing Challenges in Films
Slide 23: Challenges Affecting our Films Performance: Personal Care
Very low growth rates for personal care products in mature markets Growth in emerging markets coming from new consumers of value segment products Challenges Affecting our Films Performance Personal Care
Slide 24: Addressing Challenges in Films
Addressing Challenges in Films + Leveraging existing resources to deliver and accelerate our strategy * Recent successes in Asian market ma identifying opportunities in emerging markets * Deploying best practices from other disciplines Accelerating pace of innovation ‘Tredegar aa
Slide 25: Addressing Current Challenges
Addressing Current Challenges
Slide 26: Bonnell Aluminum Volume/Operating Profit Trends
Bonnell Aluminum Volume/Operating Profit Trends
Slide 27: Bonnell’s Success Story
Bonnell’s Success Story Experience with Confidence
Slide 28: Reduce concentration in building and construction
Reduce concentration in building and construction
Slide 29: Excellence, Innovation, Operational Excellence, Leadership
Excellence Innovation Operational Excellence Leadership
Slide 30: Our Strategy - We are Committed to Profitable Growth
Tredegar Corporation Our Strategy - We are Committed to Profitable Growth
Slide 31: Our Vision
Tredegar Corporation Our Vision Inspiring confidence by delivering long-term value to all of our stakeholders by:
Slide 32: Tredegar
Tredegar ns)