Nwpx Infrastructure, Inc. · NASDAQ:NWPX
Nwpx Infrastructure — Northwest Pipe — Shareholder Meeting (June 2021)
18 slides from Nwpx Infrastructure's shareholder meeting presentation, Jun 10, 2021
Slide 1: 2021 Annual Shareholder Meeting
mo 2021 Annual Shareholder Meeting June 10, 2021 Northwest Pipe Company
Slide 2: Meeting Agenda
Meeting Agenda Chairman’s Remarks: Richard Roman + Preliminary procedural matters + Vote count: shareholders use “Vote Here!” button Matters for shareholder consideration: + Election of directors, + Advisory vote on executive compensation * Ratification of appointment of Moss Adams LLP + Adjournment
Slide 3: Our Board of Directors
Our Board of Directors CONTINUING DIRECTORS NOMINEES FOR ELECTION Mike Franson ‘Serving since 2016 Reticed Managing Director KPMG Corporate Finance LLC; co-founder of St. Charles Captal Scott Montross ‘Serving since 2013 President and CEO of the Company, previously EVP of Evraz North America John Pa
Slide 4: Matters for Shareholder Consideration
Matters for Shareholder Consideration Voting Proposals as set forth in the Proxy 1. Elect three (3) directors 2. Hold an advisory vote on executive compensation 3. Ratify the appointment of Moss Adams LLP as the Company's independent public accounting firm for 2021 Summary of Voting Results (Northwe
Slide 5: Summary of Voting Results
Slide 6: Forward-Looking Statements
Forward-Looking Statements inthis within the meaning of the Private Secures Litgation Reform Act of 1995 and Secton 21€ of the Secures Exchange Act of 1894, es amended, tnt are based on cument expecietns, esis, and pojecons about the Company's business, s beliefs, and made by These are not of future
Slide 7: COVID-19 Response
COVID-19 Response Our #1 priority is the health and safety of all of our employees. ACTIONS TAKEN OPERATIONS IMPACT + Provide increased facility sanitation measures + Promote “social distancing" + Stagger employee schedules + Facilitate employees ability to work from home + Guide employees on preemp
Slide 8: About Northwest Pipe Company
About Northwest Pipe Company Largest manufacturer of engineered steel pressure pipe for the water infrastructure market in North America and high-quality precast and reinforced concrete products + Well positioned to meet North America's growing needs for water and wastewater infrastructure + Largest
Slide 9: Growth Strategy
Growth Strategy Northwest Pipe’s growth strategy is to expand into the precast concrete related market to capitalize on the unique attributes of its market position, capabilities, reputation, nationwide sales, and distribution footprint. Northwest Pipe’s goal is to create transformational growth and
Slide 10: Geneva Pipe and Precast Business
Geneva Pipe and Precast Business Northwest Pipe completed the acquisition of Geneva Pipe and Precast on January 31, 2020 for $49.4 million. INNOVATIVE PRODUCTS STRATEGIC OVERLAP STRONG PERFORMANCE + Water, stormwater, and + Significantly expands + Strong financial sanitary sewer systems for addressa
Slide 11: Durable Business Model and Strategy
Durable Business Model and Strategy Operations have been deemed essential to provide critical water transmission systems in the U.S. Robust backlog of $210) million remains high by historical standards 2021 bidding activity projected to remain strong Strong balance sheet and solid liquidity position
Slide 12: Strategic Footprint with Customer Access Throughout the U.S.
Strategic Footprint with Customer Access Throughout the U.S. 20-YEAR WATER INFRASTRUCTURE INVESTMENT NEED BY STATE (S Billons) Northwest Pipe is well positioned to serve its customers and states that are most in need of water infrastructure investment. @\Northwest PipeCompany seis sisioussosoe
Slide 13: Competitive Strengths
Competitive Strengths WELL-POSITIONED INDUSTRY LEADER Largest, most flexible capacity in the market Skilled project management group In-house fabrication capabilities provide installation contractors and project owners with a complete engineered system Added core competency in precast concrete provi
Slide 14: Full Year 2020 Highlights
Full Year 2020 Highlights Strong backlog of $221 million including confirmed orders ‘Ample liquidity position of approximately $90 million, comprised of $37.9 million in cash and ‘$53 milion in available borrowings under the line of credit BACKLOG? sstiions $258 LJ U As of 1231/19 As of 12/31/20 @No
Slide 15: Q1 2021 Highlights
L Q1 2021 Highlights Strong backlog of $210 million including confirmed orders! + Qt 2021 backlog marks 11th consecutive quarter with a backlog exceeding $200 million ‘Ample liquidity position of nearly $82 million, ‘comprised of $29.9 million in cash and $52 million in available borrowings under th
Slide 16: Points of Focus
Points of Focus 1. Taking every precaution to keep our employees safe through the ongoing pandemic 2. Improving performance through a persistent focus on margin over volume 3. Identifying strategic opportunities to grow the Company in the precast concrete water infrastructure market through expansio
Slide 17: Q&A
Slide 18: Thank You