Kadant Inc · NYSE:KAI
Kadant — Merger or Acquisition (October 2025)
14 slides from Kadant's merger presentation, Oct 9, 2025
Slide 1: Acquisition of Clyde Industries
Acquisition of Clyde Industries October 9, 2025
Slide 2: Forward-Looking Statements
Forward-Looking Statements The following constitutes a “Safe Harbor” statement under the Private Securities Litigation the Acquisition; adverse changes in global and local economic conditions; the variability and Reform Act of 1995: This presentation contains forward-looking statements that involve
Slide 3: Acquisition of Clyde Industries
Acquisition of Clyde Industries Clyde Industries is the leading manufacturer of highly engineered boiler efficiency and cleaning system technologies KADANT ACQUISITION UPDATE – OCTOBER 2025 | © 2025 KADANT INC. ALL RIGHTS RESERVED. 3
Slide 4: Clyde Industries Acquisition Overview
Clyde Industries Acquisition Overview • Manufacturer of highly engineered boiler efficiency solutions and cleaning system technologies • Founded in 1924 • Headquartered in Atlanta (USA) with 400+ employees worldwide • Regional sites in Brazil, China, Indonesia, Finland, India, Colombia and Canada •
Slide 5: Boiler Cleaning Technology
Boiler Cleaning Technology Safety, Cost & Energy Saving Hardware Complexity Reduction High Power Low Pressure Heavy Duty Sootblower Sootblower Heavy Duty Air Port Cleaner KADANT ACQUISITION UPDATE – OCTOBER 2025 | © 2025 KADANT INC. ALL RIGHTS RESERVED. 5
Slide 6: Other Boiler-Related Technologies
Other Boiler-Related Technologies Electrostatic Precipitator Energy Recovery H-fin Economizer KADANT ACQUISITION UPDATE – OCTOBER 2025 | © 2025 KADANT INC. ALL RIGHTS RESERVED. 6
Slide 7: World's Largest Recovery Boilers Utilize Clyde Industries' Sootblowers
World’s Largest Recovery Boilers Utilize Clyde Industries’ Sootblowers 7 KADANT ACQUISITION UPDATE – OCTOBER 2025 | © 2025 KADANT INC. ALL RIGHTS RESERVED.
Slide 8: Large modern recovery boilers have up to 200 sootblowers on a single installation
Large modern recovery boilers have up to 200 sootblowers on a single installation KADANT ACQUISITION UPDATE – OCTOBER 2025 | © 2025 KADANT INC. ALL RIGHTS RESERVED. 8
Slide 9: Primary Industries Served
Primary Industries Served PULP & PAPER POWER GENERATION GENERAL INDUSTRY KADANT ACQUISITION UPDATE – OCTOBER 2025 | © 2025 KADANT INC. ALL RIGHTS RESERVED. 9
Slide 10: Acquisition Rationale
Acquisition Rationale • A market leader in industrial boiler efficiency • Highly complementary to Kadant’s fiber processing product lines • Solid financial metrics • Aligns with Kadant’s Sustainable Industrial Processing® focus and initiatives • Strengthens Kadant’s long-term growth strategy o Solid
Slide 11: Integration
Integration • Clyde Industries will be included in our Industrial Processing reporting segment • Clyde Industries’ operations will continue in their current locations as part of our decentralized operating structure • Continue to build on the strength of the Clyde Industries’ brand • Opportunities f
Slide 12: Financial Metrics
Financial Metrics • $175 million purchase price, subject to customary adjustments • Borrowed $170 million • Borrowing rate is approximately 5.4% • Revenue was $92 million* * For the fiscal year ended February 28, 2025 KADANT ACQUISITION UPDATE – OCTOBER 2025 | © 2025 KADANT INC. ALL RIGHTS RESERVED.
Slide 13: Questions & Answers
Questions & Answers To participate in the live Q&A session, please go to investor.kadant.com and click on the Q&A session link to receive a dial-in number and unique PIN. Please mute the audio on your computer. 13
Slide 14: Investor Relations Contact
INVESTOR RELATIONS CONTACT Michael McKenney IR@kadant.com MEDIA RELATIONS CONTACT Wes Martz media@kadant.com 14