Moog Inc. · NYSE:MOG.A

Moog — Q4 2023 Earnings Presentation

4 slides from Moog's earnings presentation, Nov 3, 2023

1. Slide 1: Q4 2023 Supplemental Data: As reported and as adjusted results

   Q4 2023 Supplemental Data 11/3/2023 (USD in millions except for per share data) Change Change Change Q4 Q4 Q4 2023 FY FY FY FY 2024F FY 2023 2023 2022 vs 2022 2024 F 2023 A 2022 A vs 2023 vs 2022 As reported results Sales $ 872.1 $ 768.0 14% $ 3,450.0 $ 3,319.1 $ 3,035.8 4% 9% Net Earnings 39.6 29.4

2. Slide 2: Sales by Program and Sales by Market

   Q4 2023 Supplemental Data 11/3/2023 (USD in millions except for per share data) Change Change Change Q4 Q4 Q4 2023 FY FY FY FY 2024F FY 2023 2023 2022 vs 2022 2024 F 2023 A 2022 A vs 2023 vs 2022 Sales by Program Military OEM $ 130.4 $ 134.9 (3%) $ 565.0 $ 510.0 $ 539.7 11% (6%) Military Aftermarket

3. Slide 3: Cash flow, net debt and difference between as reported and as adjusted

   Q4 2023 Supplemental Data 11/3/2023 (USD in millions except for per share data) Q4 Q4 FY FY 2023 2022 2023 A 2022 A As reported results Cash Flow from Operations $ 153 $ 63 $ 136 $ 247 Capital Expenditures (48) (33) (173) (139) As reported results Free Cash Flow $ 105 $ 30 $ (37) $ 107 Share buyback

4. Slide 4: Reconciliation of Net Earnings to Adjusted EBITDA

   Q4 2023 Supplemental Data 11/3/2023 (USD in millions except for per share data) Q4 Q4 FY FY FY 2023 2022 2024 F 2023 A 2022 A Reconciliation of Net Earnings to Adjusted EBITDA Net Earnings $ 39.6 $ 29.4 $ 219.7 $ 171.0 $ 155.2 Add back (deduct): Income taxes 9.5 13.6 69.7 45.1 47.8 Interest 18.2 11.

Moog — Q4 2023 Earnings Presentation on 6ix