Slide 1: Investor Overview
Investor Overview Enpro at Sidoti December Small Cap Conference December 5th, 2024
Slide 2: Forward-Looking Statements
Forward-Looking Statements Statements in this presentation that express a belief, expectation or intention, including the 2024 guidance and other statements that are not historical fact, are forward-looking statements under the Private Securities Litigation Reform Act of 1995. They involve a number
Slide 3: Positioned to Deliver Significant Shareholder Value
Positioned to Deliver Significant Shareholder Value 1 2 3 Transformed portfolio to accelerate Increasing cash flow return on Strong aftermarket exposure growth in leading-edge, industrial investment through portfolio with critical applications, technology-related businesses with high reshaping actio
Slide 4: Enpro Inc. (NYSE: NPO) Attractive Portfolio of High-Margin Businesses
Enpro Inc. (NYSE: NPO) | Attractive Portfolio of High-Margin Businesses Company Overview 2024 YTD Revenue Contribution Sales by Segment Sales by Channel Sales by Geography Sales by Market Headquarters Charlotte, NC Principal Manufacturing 13 Facilities Global Employees ~3,500 Financial Overview Mark
Slide 5: Sealing Technologies
Sealing Technologies Profile Select Products • Composed of Garlock, STEMCO, and Technetics divisions • Enduring, applied engineering expertise using leading-edge technologies and processes • Strong aftermarket in critical applications that safeguard environments • Extensive proprietary knowledge • D
Slide 6: Advanced Surface Technologies
Advanced Surface Technologies Profile Solutions • Composed of our semiconductor – NxEdge – Technetics Semi – LeanTeq – and innovative optical filter – Alluxa – businesses • Utilizes proprietary technologies and processes with highly differentiated products and solutions • Vertical integration strate
Slide 7: Disciplined, Value-Enhancing Growth Strategy
Disciplined, Value-Enhancing Growth Strategy Investing in Long-Term Organic Disciplined and Strong Balance Sheet Growth & Pursuing Strategic Balanced Capital Supports Optionality Acquisitions Allocation ✓ Investing in multiple sources of ✓ Net leverage approximately 1.8x long-term organic growth acr
Slide 8: Balance Sheet, Cash Flow & Capital Allocation
Balance Sheet, Cash Flow & Capital Allocation $ in millions Net Leverage Commentary Reported September 30, 2024 • Strong balance sheet; ample liquidity consisting of Term Loans(1,2) $ 293 $206.9M in cash and $390.0M3 available under revolver Senior Notes(1) $ 350 • Free cash flow* for the nine month
Slide 9: 2024 Guidance (as of November 5, 2024)
2024 Guidance (as of November 5, 2024) 2024 Guidance Prior 2024 Guidance (at November 5, 2024) (at of August 6, 2024) Revenue Down Low Single ~$100-101M Approximately Flat Growth(1) Digits Depreciation and Amortization(2) ~$40M Adjusted Capital Expenditures (down $250M – $255M $260M – $270M EBITDA*(
Slide 10: Appendix
Appendix November-December 2024 Investor Presentation 10
Slide 11: Reconciliation of LTM Results
Reconciliation of LTM Results Enpro Inc. Adjusted Adjusted ($ in millions) Revenue EBITDA EBITDA Margin Nine Months Ended September 30, 2024 $ 790.3 $ 196.6 24.9% Plus: Year Ended December 31, 2023 1,059.3 238.0 22.5% Less: Nine Months Ended September 30, 2023 810.2 191.1 23.6% LTM Ended September 3
Slide 12: Consolidated Adjusted EBITDA (1/2)
Consolidated Adjusted EBITDA (1/2) For the Year Ended December 31, 2023 (In Millions) 2023 Income from continuing operations attributable to Enpro Inc., net of tax $ 10.8 Net income attributable to redeemable non-controlling interests (3.9) 6.9 Adjustments to arrive at earnings before interest, inco
Slide 13: Consolidated Adjusted EBITDA (2/2)
Consolidated Adjusted EBITDA (2/2) Quarters Ended Nine Months Ended For the Quarters and Nine Months Ended September 30, 2024 and 2023 September 30, September, (In Millions) 2024 2023 2024 2023 Income from continuing operations attributable to Enpro Inc., net of tax $ 19.8 $ 8.3 $ 59.0 $ 15.7 Net lo
Slide 14: Segment Information (1/2)
Segment Information (1/2) For the quarters and Nine Months Ended September 30, 2024 and 2023 (In Millions) Reconciliation of Income from Continuing Operations Attributable to Enpro Inc., Net of Tax to Adjusted Segment EBITDA Quarters Ended Nine Months Ended Sales September 30, September 30, Quarters
Slide 15: Segment Information (2/2)
Segment Information (2/2) For the quarters and Nine Months Ended September 30, 2024 and 2023 (In Millions) Quarter Ended September 30, 2023 Quarter Ended September 30, 2024 Advanced Advanced Sealing Surface Total Sealing Surface Total Technologies Technologies Segments Technologies Technologies Segm
Slide 16: Consolidated Adjusted Net Income
Consolidated Adjusted Net Income (In Millions, Except Per Share Data) Quarters Ended September 30, (In Millions, Except Per Share Data) Nine Months Ended September 30, 2024 2023 2024 2023 Average Average Average Average common common common common shares shared shares shared outstanding, Per outstan
Slide 17: Free Cash Flow
Free Cash Flow (In Millions) Free Cash Flow - Nine Months Ended September 30, 2024 Net cash provided by operating activities $ 103.5 Purchases of property, plant, and equipment (18.8) Payments for capitalized internal-use software (1.9) $ 82.8 Free Cash Flow - Nine Months Ended September 30, 2023 Ne
Slide 18: Thank you
Thank you November-December 2024 Investor Presentation 18