Slide 1: Earnings Release Presentation Q2 2026
Earnings Release Presentation Q2 2026 TSX: MATR
Slide 2: Forward Looking Information
Forward Looking Information Q2 2026 This presentation contains forward-looking information within the meaning Additional information on the risks and uncertainties on the Company’s of applicable securities laws. Words such as "may", "will", "should", business can be found in the Company’s current An
Slide 3: Q2 Highlights – Strong Execution Delivers Record Performance
Q2 Highlights – Strong Execution Delivers Record Performance REVENUE Execution $396M ► Record quarterly Revenue and Adjusted EBITDA for Continuing Operations $321M $322M ► New production records for both Xerxes and AmerCable ► Strategies to enhance exposure to higher-margin wire and cable end market
Slide 4: Financial Results – Q2 2026
Financial Results – Q2 2026 Total Continuing Connection Composite Operations Technologies Technologies Revenue Revenue Revenue $396.2M $227.9M $168.3M + 23% + 29% + 16% Adj. EBITDA Adj. EBITDA Adj. EBITDA $62.8M $38.7M $31.4M + 48% + 75% + 26% Adj. EBITDA Margin: Adj. EBITDA Margin: Adj. EBITDA Marg
Slide 5: Cashflow and Net Debt – Q2 2026
Cashflow and Net Debt – Q2 2026 CAPEX 11.5 39.2 (3.1) (5.5) 2.6 39.1 $35-$45M (4.1) (1.5) Estimated FY 2026 vs Normal Course Range of $40-$50M Cash deployment primarily into higher working capital during Q2 to support rising activity baseline Q2 ‘26 EARNINGS RELEASE PRESENTATION 5
Slide 6: 2026 Market Assumptions – Rapidly Changing Macro-Environment Persists
2026 Market Assumptions – Rapidly Changing Macro-Environment Persists Markets listed in order of relative significance CONNECTION TECHNOLOGIES COMPOSITE TECHNOLOGIES Global Mining Activity North American Retail & Back-Up Fuel Storage Demand ▪ Activity stable in US and improving in Canada, with favor
Slide 7: Data Centers: Rising Exposure Across Many Businesses
Data Centers: Rising Exposure Across Many Businesses ▪ Xerxes: Large project potential where designs utilize underground fuel or water storage; a single data center can require 20+ tanks versus 3-6 for a typical gas station. ▪ Wire & Cable: Strong demand environment for modest complexity products; M
Slide 8: 2026 Outlook and Priorities
2026 Outlook and Priorities 2026 vs 2025 Adjusted EBITDA Outlook 2026 Strategic and Operational Priorities Total Mattr Growth Execution Higher than 2025 ▪ Capturing growth in Xerxes fuel ▪ Levering improved manufacturing and water markets footprint to deliver rising efficiency Connection Composite a
Slide 9: Positioned to Deliver Long-Term Value
Positioned to Deliver Long-Term Value ➢ Serving critical infrastructure markets through highly respected brands & differentiated technologies ➢ Operating from a modernized manufacturing footprint with rising productivity & efficiency ➢ Benefitting from long-term critical infrastructure fundamentals
Slide 10: Thank you.
@ = Thank you. Infrastructure Technologies