Jbt Marel Corporation · NYSE:JBTM
Jbt Marel — Investor Presentation (September 2025)
15 slides from Jbt Marel's investor presentation, Sep 11, 2025
Slide 1: Investor Presentation
Investor Presentation September 11, 2025
Slide 2: Forward Looking and Non-GAAP Statements
FORWARD LOOKING AND NON-GAAP STATEMENTS Non-GAAP Measures Adjusted EBITDA, Adjusted EBITDA margin, adjusted EPS, and free cash flow are non-GAAP financial measures. JBT Marel provides non-GAAP financial measures in order to increase transparency in our operating results and trends. These non-GAAP me
Slide 3: Leading Global Technology Solutions Provider Well Positioned to Deliver Value Creation
LEADING GLOBAL TECHNOLOGY SOLUTIONS PROVIDER THAT IS WELL POSITIONED TO DELIVER VALUE CREATION JBT Marel Key Highlights Serving Diversified End Markets JBT 2024 Equipment Orders (2) Marel 2024 Equipment Orders (2) JBTM NYSE & Nasdaq Iceland Listed Since January 2025 Fruit & Veg 24% Poultry 49% ~$7.2
Slide 4: Strategic Rationale for the Combination of JBT & Marel
STRATEGIC RATIONALE FOR THE COMBINATION OF JBT & MAREL 1 Markets: Greater end market participation in resilient and growing food & beverage markets Solutions: Compelling platform to accelerate growth by offering broader solutions, utilizing holistic application knowledge, and 2 leveraging R&D capabi
Slide 5: Designing Best-in-Class Organizational Structure Focused on Customer Value & Synergy Execution
DESIGNING BEST-IN-CLASS ORGANIZATIONAL STRUCTURE FOCUSED ON CUSTOMER VALUE & SYNERGY EXECUTION Central Focus on Serving Customer Needs Purpose-Built Talent Aligned Go-To-Market Dedicated Integration Organization Strategy Leaders Enhanced scale with deep Will support integrated Spearheading integrati
Slide 6: United to Transform the Future of Food
UNITED TO TRANSFORM THE FUTURE OF FOOD mer Un o st ips ma u C nsh Ta tc Customer Benefits le tio he Re ep nt d De la Our Purpose: Improved Outcomes Increased Uptime Ease of Doing Business Transform the Scale and Foc bility Operat Rigor Future of Food Enabled by Purpose-Driven Talent Organization us
Slide 7: JBT Marel Expected to Benefit from Resilient Growth Trends Across Diverse End Markets
JBT MAREL IS EXPECTED TO BENEFIT FROM RESILIENT GROWTH TRENDS ACROSS SELECT DIVERSE END MARKETS Global Protein Global Convenience Global Ready-To-Drink Global Pet Food Consumption Food Market Beverage Market Market Low-to-Mid-Single Mid-Single Mid-Single Mid-Single Digits Digits+ Digits Digits 2023
Slide 8: Strategically Positioned to Capture Customer Investment Trends, Enabling Growth Above GDP
STRATEGICALLY POSITIONED TO CAPTURE CUSTOMER INVESTMENT TRENDS, ENABLING GROWTH ABOVE GDP Company Vision ▪ Constantly changing demand driven by Ever Evolving preferences for various flavors, diets, Consumer sustainability, etc. Preferences ▪ Requires continuous new product introductions Efficient an
Slide 9: Complementary Core Technologies in Protein and Pet Food Processing Support Broader Portfolio
COMPLEMENTARY CORE TECHNOLOGIES IN PROTEIN AND PET FOOD PROCESSING SUPPORT BROADER PORTFOLIO OFFERING FOR CUSTOMERS Primary processing Secondary Further End of line Benefits of Fuller Solutions Killing, stunning, eviscerating, Cut-up, de-boning, Forming, coating, Handling, chilling, etc. skinning, p
Slide 10: Greater Ability to Provide Leading Customer Care & Service
GREATER ABILITY TO PROVIDE LEADING CUSTOMER CARE & SERVICE Significant Benefits for Customers ✓ ~1,700 service technicians globally to support aftermarket care for equipment and leases ✓ Greater scale and density of resources enables increased capacity to service customers more frequently ✓ Expanded
Slide 11: Combined Software & Digital Ecosystems Optimize Customer Processing & Profitability
COMBINED SOFTWARE & DIGITAL ECOSYSTEMS OPTIMIZE CUSTOMER PROCESSING & PROFITABILITY WHILE ENHANCING JBT MAREL’S AFTERMARKET OPPORTUNITY Manufacturing Execution Process Machine Machine Health / System / Line Control Control Performance Uptime Traceability Order & Food Safety Process Yield / Machine P
Slide 12: Opportunity to Generate Meaningful Revenue Synergies >$75M
OPPORTUNITY TO GENERATE MEANINGFUL REVENUE SYNERGIES Potential Revenue Uplift Serve as better partner for protein customers, offering integrated solutions and enhanced line coverage to drive our customer overall equipment effectiveness >$75M Leverage customer base with improved cross-selling through
Slide 13: Expecting to Achieve $150M in Cost Synergies by End of Year 3 Post-Transaction Close
EXPECTING TO ACHIEVE $150M IN COST SYNERGIES BY THE END OF YEAR 3 POST-TRANSACTION CLOSE Direct Materials ▪ Supplier consolidation Anticipated Cost Synergies ▪ Best cost country sourcing ▪ Value add / value engineering ~$150M Indirect Cost of Goods Sold: ▪ Logistics efficiencies ~$80M ▪ Spend reduct
Slide 14: Implementing Actions to Mitigate Direct Cost Impact from Current Tariffs
IMPLEMENTING ACTIONS TO MITIGATE DIRECT COST IMPACT FROM CURRENT TARIFFS Annualized U.S. COGS Tariff Sensitivity Analysis Tariff Mitigation Actions JBTM U.S. Spend Expected JBTM Impact: Tariff Costs Country / Region ($ millions) Before Mitigation ($ millions) Short-Term Actions European Union (EU) ~
Slide 15: Strategic Rationale for Issuing 0.375% Convert Due 2030
STRATEGIC RATIONALE FOR ISSUING 0.375% CONVERT DUE 2030 Benefits of Convertible Structure Illustrative Cost of Capital Break Even: Convertible vs. High Yield ✓Meaningful interest expense savings: JBTM believes 5 Year Convertible (0.375% up 32.5%) + 100% Call Spread it will save significant annual in