Slide 1: Dorman Products, Inc. Investor Presentation
Dorman Products, Inc. INVESTOR PRESENTATION JULY 2026
Slide 2: Forward-Looking Statements & Non-GAAP Financial Measures
| Forward-Looking Statements & Non-GAAP Financial Measures FORWARD-LOOKING STATEMENTS This presentation contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements, other than statements of historical facts, may be forward-looking
Slide 3: Dorman: What We Do
Dorman: What We Do We deliver product innovation to the aftermarket and develop new repair solutions. DESIGN MANUFACTURE DISTRIBUTE 10% l4 6% 7% $2.13 $2.13 Billion Billion Light Duty m Heavy Duty m Specialty Vehicle Retail ™ Wholsesale Distributor Direct to Consumer Other
Slide 4: Dorman: How We Do It
Dorman: How We Do It We promote and reward inquisitiveness, courage and the pursuit of new ideas We are diligent in our efforts to understand our customers’ needs and provide high quality products and services We provide our employees, who we call “contributors”, the tools and resources necessary fo
Slide 5: 2025: Year in Review
D025: Year in Review -& @ $2.13B 19Obps 17 Obps 24% Net Adj. Gross Margin? Adj. Operating Margin Adj. Diluted EPS+ Sales Expansion Expansion Growth = on (®) $114™m $42mu $41m 0.89x Cash from Operating Debt Share Leverage Activities Repaid Repurchases Ratio* Ai 12/31/2025. As determined under the Com
Slide 6: Designing and developing innovative solutions for the Aftermarket
Designing and Large Total Positioned to succeed Global engineering, Strong financial developing innovative Addressable Market as new technologies supply chain, and profile with above solutions for the across each and vehicle platforms manufacturing industry growth and Aftermarket segment evolve and
Slide 7: Rapid Innovation at Scale
Rapid Innovation at Scale Key Differentia ng Competitive Advantages INNOVATION TECHNICAL MANUFACTURING CHANNEL ENGINE CAPABILITIES & SUPPLY CHAIN PENETRATION + Customer and end-user + Design and produce solutions + Nimble, asset-light model + Deep, strategic relationships relationships drive new-to-
Slide 8: Large Total Addressable Market
Large Total Addressable Market
Slide 9: Three Distinct, Growing Segments
I Three Distinct, Growing Segments 3-yr Sector Growth: ~4% New products drive sales growth and margin expansion Invest in higher margin IP-centric categories Broad distribution to meet customers in all commercial channels Optimize operating performance Continue to reconfigure supply chain for resili
Slide 10: Bumper-to-Bumper Coverage and Capability
Bumper-to-Bumper Coverage and Capability Undercar Drivetrain, brake solutions, drive shafts, wheels, fuel systems Hardware & Accessories Small parts, hardware, tools, components, accessories Steering & Suspension Solutions for frames, steering, suspension Body Solutions for windows, doors, mirrors,
Slide 11: Emerging Technologies Shaping the Future
[Emerging Technologies Shaping the Future Powertrain Agnostic: Multi-Platform Approach Accelerating Growth Opportunity Internal Combustion Engine (ICE) ® + Expected to remain ~90% of prime VIO through 2035* ~6,000 SKUs Hybrid / EV Regulation and platform changes provide significant Body & Suspension
Slide 12: Complex Electronics
| Complex Electronics Failure Identification & Assessment » Robust network of technical intel Testing & Datalogging * Specialized process and infrastructure 1010 Proprietary Code Development 1010 * Technical data analysis competency ELECTRONIC CENTER OF EXCELLENCE 2 Software Design & Validation Ue)
Slide 13: Global Product Manufacturing
Global Product Manufacturing + + + State-of-the-art High-quality, Strategically Vertically development efficient, located domestic integrated and testing and scalable and international warehousing capabilities production manufacturing and distribution a a) * Validation of high-quality standards acro
Slide 14: Historical Financial Performance vs Peers
| Historical Financial Performance vs Peers Topline Annualized Growth of 22% Since 2019 -Non-discretionary parts focus performs well in difficult economies *End-market diversification mitigates economic cyclicality » Broad global supply chain network provides resiliency Net Sales! & Adjusted Diluted
Slide 15: Multiple Levers to Drive Growth
| Multiple Levers to Drive Growth Future Technology Drive above-market growth across three segments Support customers’ expansion into new geographies and product categories Significant annual R&D investment Expanding new technologies Investments in electronics and alternative powertrain development
Slide 16: Business Segments
7 Business Segments
Slide 17: Light Duty Segment Overview
Light Duty Segment Overview Strategic Supplier to Aftermarket Retail ~215 Product Categories eee set cnt ~9,O00 New SkUs Launched in 2023-2025 ee Ne | 17 Domestic Facilities Parking Infotainment Front View Camera System 3 International Facilities secure Gateway Battery Management Net Sales “nthe by
Slide 18: Light Duty Segment Performance
• Net Sales growth outpaced the sector growth rate over same period • Target organic growth of roughly 2x automobile aftermarket industry rate • Introduced hundreds of new products to the aftermarket every month • FY22 and FY23 SG&A impacted by interest rate changes on factoring costs • Pricing init
Slide 19: Heavy Duty Segment Overview
| Heavy Duty Segment Overview 1OO-+ Product Categories ENGINE COMPLEX ELECTRONICS CAB & BODY S0%/20% Net Sales Below / Above Frame wa ~2,900 New SkUs Launched in 2023-2025 8 Domestic Facilities 4 International Facilities yaa Net Sales by Channel = Direct to Installer/Other DRIVETRAIN COLLISION STEER
Slide 20: Heavy Duty Segment Performance
• Acquired Dayton Parts in August 2021 and combined with legacy Dorman heavy duty business to form the Heavy Duty segment • Great Freight Recession since 2023 drove soft demand following very strong 2022 post-COVID • Margins impacted by high-cost inventory due to rapid inflation and unfavorable FX i
Slide 21: Specialty Vehicle Segment Overview
| Specialty Vehicle Segment Overview ~100 Product Categories ~50% Net Sales of Non-discretionary Parts 5,QO00-+ New SkUs Launched in 2023-2025 5 Domestic Facilities 1 International Facility Net Sales by Channel = Direct to Consumer Other Million Product Categories Cabs, Roofs, A. puspension, 8 Winds
Slide 22: Specialty Vehicle Segment Performance
• SuperATV was acquired in October 2022, with 2023 representing first full year of operations under Dorman • Integration completed • Approximately half of net sales are non-discretionary (including repair parts and utility accessories) • Introduction of parts for new machines and a focus on non-disc
Slide 23: Consolidated Financial Overview
- Consolidated Financial Overview
Slide 24: Consolidated Performance Trends
Consolidates: Performance Trends 1,930 $2009 Sa $1,715 $1,345 $991 $4093 L 2019 2020 2021 2022 2023 2024 2025 For fiscal 2025, surpassed $2.1B mark in total net sales Sales growth driven by strong customer demand and pricing actions New products drove success across each business segment $143 $110 9
Slide 25: Capital Allocation Strategy
| Capital Allocation Strategy 2020-2025 Capital Deployment Long-Term Priorities Target Leverage + Target 2.0x leverage, 3.0x in first year following an acquisition Reinvestment - Continue to fund R&D and Capital Expenditures to enhance our existing product portfolio $1.8 Billion 4% Deployed Mergers
Slide 26: Appendix: Non-GAAP Reconciliations
Appendix NON-GAAP RECONCILIATIONS
Slide 27: 2022 53rd Week Adjusted Reconciliation
Twelve Months Ended December 31 2022 53rd Week 2022 Adjusted $ in thousands, except EPS Net Sales Light Duty $ 1,425,892 $ (16,834) $ 1,409,058 Heavy Duty 258,215 (2,365) 255,850 Specialty Vehicle 49,642 —' 49,642 Consolidated $ 1,733,749 $ (19,199) $ 1,714,550 Adjusted Operating Income Light Duty $
Slide 28: Adjusted Diluted EPS Reconciliation
Twelve Months Ended 12/28/19* 12/26/20* 12/25/21* 12/31/22* 12/31/23* 12/31/24* 12/31/25* Diluted earnings per share (GAAP) $ 2.56 $ 3.30 $ 4.12 $ 3.85 $ 4.10 $ 6.14 $ 6.64 Pretax acquisition-related intangible assets amortization 0.08 0.10 0.20 0.45 0.69 0.73 0.70 Pretax acquisition-related transac
Slide 29: Adjusted Operating Income Reconciliation
Twelve Months Ended % of % of % of % of % of % of % of 12/28/19 12/26/20 12/25/21 12/31/22 12/31/23 12/31/24 12/31/25 ($ in thousands) Sales* Sales* Sales* Sales* Sales* Sales* Sales* Income from operations (GAAP) $ 105,828 10.7% $ 133,373 12.2% $ 171,551 12.8% $ 171,048 9.9% $ 214,760 11.1% $ 292,9
Slide 30: Reconciliation of Adjusted EBITDA
[ Reconciliation of Adjusted EBITDA [ 2024 2025 | ($ in thousands) Qi Q2 Q3 Q4 FY Qu Q2 Q3 Q4 FY Net Income (GAAP) $ 32,828 $ 47,410 $55,253 $ 54,513 $ 190,004 $57,505 $ 58,709 $ 76,420 $ 11,560 $ 204,194 Add: Interest expense, net 10,605 10,202 9,762 9,158 39,727 7,358 7,182 7,207 6,828 28,575 Prov