#1Strix TECHNOLOGY Investor Presentation Final Results Period ended 31 December 2021 J#2STRIX TECHNOLOGY Our Story Castletown Thermostats founded by Eric Taylor, the inventor of a revolutionary thermostat used during the 2nd World War to control heated flying suits worn by bomber crews at high altitudes The R-series control, using an immersed heating element, and P-series cordless connector are launched Investor Presentation | FY2021 Final Results Receives the Queen's Award for export achievement. The 100 millionth control is produced HALO PURE HaloSource begins commercialization of HaloPure 500 The 500 millionth control is produced 1 Celebration in July as the 1 billionth control is produced MILLION BILLION 25 MILLION Aqua Optima sells 25 millionth filter Strix TECHNOLOGY HaloSource joins Strix PLC Company opens state of the art production factory in China The EK controls and connectors are launched which offer user functionality never seen before Launch of baby formula maker, an innovation that addresses previously un-met consumer needs Floats on the London Stock Exchange 1951 1982 1985/6 1988 1995 1996 1997 2000 2003 2005 2007 2009 2011 2013 2015 2016 2017 2018 2019 2020 2021 2022 Castletown Thermostats becomes Strix under John Taylor, the son of Eric Taylor Strix TECHNOLOGY Becomes market leader as the 10 millionth control is produced Receives the third Queen's Award for Enterprise: Innovation for the U-series control The U-series family of controls and P72 connectors are launched, a revolutionary underfloor heating system with 360 degree rotation THE QUEENS PARKUS 1000 Aqua Optima launches water filters globally aqua Optima HaloPure HaloSource filed patent on new HaloSource launches astres Laica joins Strix PLC receives EPA and Lead removal technology ONE filtering water bottle WQA approval astrea Aqua Optima launches the 'Evolve' range of water filters evolve PROUD TO PARTNER UNESCO BIOSPHERE ISLE OF MAN Headquartered in the first Unesco Biosphere on the Isle of Man, Strix is a global leader in the design, manufacture and supply of kettle safety controls, other components and devices involving water heating and temperature control, steam management and water filtration. 2 The 2 billionth control celebration in November BILLION LAICA 50 MILLION Strix invited to become a supporter of Her Majesty The Queen! The Official Platinum Jubilee Pageant Commemorative Album. PLATINUM JUBILEE PAGEANT COMM 1812 Aqua Optima sells 50 millionth filter Strix TECHNOLOGY 2#3STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results 01. Financial, Operational and Strategic Highlights Strix TECHNOLOGY 3#4STRIX TECHNOLOGY 2021 Highlights Financial ☐ Investor Presentation | FY2021 Final Results Operational Strategic Revenue increased 28.8% (on a constant currency basis) to £119.4m driven by both organic growth and the acquisition of LAICA Adjusted EBITDA increased by 6.3% to £40.5m with the inclusion of LAICA alongside a few headwinds which continue to persist including supply chain, freight cost inflation and adverse foreign exchange rates Net debt has increased to £51.2m representing a net debt/adjusted EBITDA ratio (calculated on a trailing twelve-month basis) of 1.3x Increase total dividend to 8.35p per share in line with progressive dividend policy linked to underlying earnings ☐ On track to deliver medium-term targets to double the Group's revenues over a five-year period Expanded global market share by a further 1% to 56% by value of the kettle controls market ■ Acquisition of LAICA continues to be successfully integrated in line with plan to achieve the identified. benefits and the trading performance has been strong ☐ ☐ New manufacturing operations in China are now fully operational Strong progress through the year with new product launches Production efficiency of core kettle products improved with 73% of all assembly lines now fully automated ■Launching of sustainability report and "Sustainable. Innovative. Dependable." Strategy ■ Industry leading and ambitious decarbonisation target - scope 1 & 2 net zero by 2023 demonstrates commitment to sustainability agenda Defence of intellectual property and regulatory enforcement remain core activities of our business and there have now been 66 in total since 2017 Strix TECHNOLOGY 4#5STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Medium Term Targets Objectives 1 Double revenues over the next 5 years (2020-2025) primarily through growth in Water and Appliance Categories 2 Continue to grow market share in kettles from 54% to 57% 3 Do more with less - Execute on our ESG commitments to provide a safer sustainable future for our customers Strix TECHNOLOGY Updates Significant growth in revenue versus both 2020 and 2019 through underlying organic growth and LAICA acquisition Growth in global market share in 2021 by 1% to be 56% of the market by value Continued execution of the sustainability strategy implemented within all core business activities in line to meet KPI targets, including achieving scope 1 & 2 net zero by 2023 Increase in total dividend to 8.35p given the strong performance and confidence in the outlook 4 Maintain attractive progressive dividend policy linked to underlying earnings 5 Seek further earnings accretive acquisitions within our core competencies and key markets Further pipeline of opportunities being actively tracked by the Group 6 Continued focus on efficiency measures and strategic initiatives Continued focus on cost control offsetting some market headwinds 50#6STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Strix TECHNOLOGY 02. Financials 6#7STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Financial Highlights Revenue (£m) +25.3% 2021 2020 2019 95.3 96.9 Adjusted Gross Profit (1) (£m) +20.3% 119.4 2021 2020 2019 Revenue increased by 25.3% partly due to the inclusion of LAICA revenues with the remaining increase realised from organic growth as the Group continued a steady upward top-line trend in the new normal post- pandemic. Adjusted PBT (¹) (£m) +4.2% 2021 2020 2019 39.4 39.6 Adjusted EBITDA (¹) (£m) +6.3% 47.4 2021 2020 2019 In addition to the inclusion of LAICA, the increase in gross profits was also driven by increase in growth and margin in the appliance division. Net Debt (2) (£m) +37.6% 32.2 2021 30.9 2020 30.2 2019 40.5 38.1 36.9 Adjusted EBITDA stood at £40.5m, increasing by 6.3%, as result of factors including the impact of a number of headwinds which continue to persist including increases in commodity prices, freight cost inflation, supply chain and adverse foreign exchange rates. Dividends (Pence per share) +6.4% 51.2 2021 37.2 2020 26.3 2019 The resilience of the business model, flexible cost base and the inclusion of LAICA has led to the adjusted profit before tax increase of 4.2% to £32.2m. Net debt increased to £51.2m, which equates to a 1.3x trailing twelve months' EBITDA, comparing favourably to the Group's debt covenant of 2.5x and continues to underpin the Group's strong cash generation ability. 7.85 7.70 The Group reiterates its intention to implement a progressive dividend policy that is linked to underlying earnings for the full year and is confident in the continued strength of its cash generation. 1 2 Adjusted results exclude exceptional items, which include share-based payment transactions, COVID-19 related costs, and other reorganisation and strategic project costs. Adjusted results are non-GAAP metrics used by management and are not an IFRS disclosure. Net debt excludes the impact of IFRS 16 lease liabilities, pension liabilities, deferred tax liabilities and earn-out provisions on satisfaction of performance conditions and providing post-combination services. Net debt including earn-out provisions was £58.6m. 8.35 Strix TECHNOLOGY 7#8STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Profit and Loss Summary £m 2021 2020 % Change³ Revenue 119.4 95.3 25.3% Adjusted Gross profit¹ 47.4 39.4 20.3% Other operating costs: before exceptional (14.3) (8.5) 68.2% Other operating costs: (20.6) (13.4) 53.7% after exceptional Adjusted operating profit¹ 33.7 32.1 5.0% Adjusted EBITDA1,2 40.5 38.1 6.3% Adjusted PBT1 32.2 30.9 4.2% Adjusted PAT¹ 31.4 29.5 6.4% Adjusted gross profit margin¹ Adjusted diluted EPS1 39.7% 14.9p 41.4% 14.3p (1.6%) 4.2% 1 Adjusted results exclude exceptional items, which include share-based payment transactions, COVID-19 related costs, and other reorganisation and strategic project costs. Adjusted results are non-GAAP metrics used by management and are not an IFRS disclosure. 2 EBITDA, which is defined as earnings before finance costs, tax, depreciation and amortisation, is a non-GAAP metric used by management and is not an IFRS disclosure. 3 3 Figures are calculated from the full numbers as presented in the consolidated financial statements. Strix TECHNOLOGY Commentary Revenue: increased to £119.4m, 25.3% above FY2020 levels. This was partly due to the inclusion of LAICA revenues of £22.7m in FY 2021 (FY 2020: £4.1m), with the remaining increase of £5.5m realised from organic growth Adjusted operating profit¹: increased by 5.0% to £33.7m, showing an increase of £1.6m, mainly attributable to LAICA. Adjusted EBITDA¹: of £40.5m, representing a 6.3% increase on FY2020 levels, demonstrating Strix's strong ability to manage cost implications experienced over the period, which include higher supply chain-related costs, higher payroll costs, and higher advertising and promotional costs relating to the water and appliances categories. Adjusted PBT¹: Adjusted profit before tax was £32.2m (FY 2020: £30.9m), an increase of £1.3m (4.2%) on FY2020 levels, which included full LAICA contribution. Adjusted PAT¹: increased to £31.4m, a 6.4% increase on the prior year. The tax expense decreased in the current year mainly due to certain tax measures adopted with the move of operations to the new factory in Guangzhou, China. 00 8#9STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Gross Margin Analysis ☐ Margin in Kettle Controls has reduced through the year given the headwinds but it remains a strong and highly profitable business line, providing cash flow security for the Group and ensuring dividend sustainability 1 Kettle Controls -1.8% ☐ Margin growth driven by regulated market sales growth and price increases ☐ Margin offset by increases in commodity prices and a reduction in the less regulated market segment 2 Water category -0.2% 3 Appliances 4 Operations 5 Currency effects 1.4% 0.0% Impact of consolidating LAICA into Strix's financial statements has already been significantly reduced as a result of strong revenue growth and integration Some headwinds have remained for Water ex LAICA but these headwinds further enhance the strategy to bring the Water sourcing in-house to be more vertically integrated, helping to secure profit and ensure the security of the supply chain Increase in Appliances driven by strong sales growth at an increasing margin Growth realised from new products launched in this category and selling well on Amazon, with more sales expected in FY 2022 in anticipation of increased demand and further planned new product listings Margin increases from automation and insourcing and a continued focus on cost control Direct labour wages have increased as the Group continued to scale its headcount in line with management expectations and medium-term targets Continuous automation on NPD is a key to reduce wage pressure in the longer term -1.0% Weakening of foreign currencies against Pound Sterling which decreased the Pound value revenues of products priced in forex. This was offset partially by FX gains on costs in forex. The group has entered into forward exchange contracts in FY 2022 to protect against adverse exchange rate movements Total change in adjusted 6 -1.6% margin Strix TECHNOLOGY 9#10STRIX TECHNOLOGY Cash Flow ₤10.0m £0.0m (£10.0m) £40.5m (£37.2m) (£20.0m) (£30.0m) (£40.0m) (£50.0m) Investor Presentation | FY2021 Final Results (£4.7m) (£11.4m) (£4.9m) (£15.4m) Subject to capital allocation framework (£1.6m) (£16.5m) Strix TECHNOLOGY (£51.2m) Commentary Financing & Tax: £4.7m outflow (2020: £3.4m outflow) includes bank interest, and IFRS16 lease payments and tax Net working capital: £11.4m outflow (2020: £1.7m outflow) predominantly driven by an increase in inventories, and trade and other receivables Exceptional & Others: £4.9m (2020: £0.6m outflow) driven by exceptional costs related to strategic projects, cost of sales and FX movements, offset by acquisition-related costs and profits on the disposal of assets Capital expenditure: £15.4m (2020: £17.4m outflow) [primarily driven by the purchase of PPE and capitalised development costs] OCF¹ to EBITDA conversion ratio: 28.8% (2020: 44.3%) due to very high net working capital outflows in the current year FCF²: £4.2m (2020: £10.4m) mainly driven by lower OCF, more specifically higher working capital movements relating to inventory and receivables, compared to the prior year (£60.0m) Net Debt 2020 Adj. EBITDA Financing & Tax Net Working Cap Except. & Other Capex Acquisitions Dividends Net Debt 2021 1 OCF is defined as: 'Cash generated from operating activities' less 'Net cash used in investing activities excluding acquisitions. 2 FCF is calculated as: OCF less Capex, Net interest, Tax paid, ROU lease creditor payments. 10#11STRIX TECHNOLOGY Net Debt Investor Presentation | FY2021 Final Results Net debt At 31 December 2021 Net debt/ adjusted EBITDA (1) ratio at 31 December 2021 Net working capital draw from trough to peak £51.2m 1.3x £37.2m at 31 December 2020 1.0x at 31 December 2020 £11.3m £37.2m at 31 December 2020 Cash and facility headroom At 31 December 2021 Bank covenant requirement: Net debt/ adjusted EBITDA (2) ratio Maximum intra year 2021 working capital draw £28.8m With facility termination date of October 2025 <2.5x for period ending 31 December 2021 39% of cash and facility headroom at 31 December 2021 1 Net debt excludes the impact of IFRS 16 lease liabilities, pension liabilities, deferred taxes and earn-out provisions on satisfaction of performance conditions. As at 31 December 2021, IFRS16 lease liabilities equated to £3.4m, and amounts accrued for performance and employment earn out provisions equated to £5.8m & £1.7m, respectively. 2 For Bank covenant purposes, the net debt/adjusted EBITDA ratio is calculated pre-IFRS16 adjustments following its adoption by the Group on 1 January 2019. Strix TECHNOLOGY 11#12STRIX TECHNOLOGY Capital Allocation Prudent Capital Allocation Model with 4 core priorities Operating Cash Flow (£m) 22.3 2021 2020 2019 Investor Presentation | FY2021 Final Results 22.3 31.2 34.4 02 Value Accretive Acquisitions 01 Operating Capital Expenditure Net Capital Expenditure Land & Factory (£m) (£m) 2021 7.1 2020 8.3 2019 9.4 4.7 9.1 6.0 2021 1.6 2.7 2020 2019 1.0 1.0 11.6 Acquisitions Exceptional Costs 3.1 Year-on-year growth demonstrates Strix's continued investment in its manufacturing and development assets to support our strategic growth objectives. Acquisition of LAICA S.p.A in October 2020 for an initial consideration of €11.9m. Highly targeted acquisitions remain an important part of the Group's value creation strategy. Operating Cash Flow Fall in operating cash flow in 2021 predominantly driven by Group's investment in net working capital in the current year. Net working capital movements in FY2021 increased, reflecting a cash outflow of £11.4m compared to prior year, as a result of increased stock holdings at year-end due to forward procurement of commodities to secure future profits, increased debtors in line with an increase in the top line, and also due to VAT receivables, which will be reclaimed in FY 2022/2023. 03 Progressive Dividend Policy Pence per Share 2021 2020 2019 7.70 7.85 Conservative Balance 04 Sheet (£m) 2021 8.35 2020 2019 Net Debt 37.2 26.3 Strix TECHNOLOGY Net Debt/ Adj. EBITDA 51.2 1.3x 1.0x Growth in line with the Group's Adjusted PAT, reiterating the intention to implement a progressive dividend policy that is linked to underlying earnings for the full year. Net debt increased to £51.2m, which equates to a 1.3x trailing twelve months' EBITDA, comparing favourably to the Group's debt covenant of 2.5x. 0.7x 12#13STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results 03. Kettle Control Category Strix TECHNOLOGY 13#14STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results 2020-2025 Revenue Growth Drivers: Kettle Controls Kettle Controls 7% 1% 1% 4% Market Growth 1% CAGR 2022- 2025 New Products c.75m U9 Series Controls sold to date Market Share 54% → 57% Global Value Share 56% End 2021 Commerical Initiatives 1.0% Growth 2022 - 2025 Baseline Value FY 2021 Market Growth New Products Commercial Initiatives 2025 Target Strix 14 TECHNOLOGY#15STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Kettle Controls Commercial Initiatives and Roadmap Commercial Initiatives Continued focus on price and margin realisation to maintain market leadership through profitable growth. Joint marketing campaign with USA brand to build awareness through 'Powered by Strix Technology' message. Careful management of significant raw material cost increases to ensure volume growth achieved without sacrificing profitability. Use control technology to identify and capture opportunities in adjacent markets such as milk frother, Turkish Cezve and irons as an example. Kettle Controls Roadmap Product Highlights & Milestones POWERED BY Strix TECHNOLOGY U90 Global Success ○ Our U9 Series control has sold >75m units globally Implemented patented U7 o Implemented electronic 5 pole 15 Amp o Enhanced patent protected fast boil solution, targeting growth in NAM and Japan markets Strix TECHNOLOGY KORKMAZ o Value engineering across all major platforms, cost optimisation and eco-benefits Refresh U68 electronics with additional features o Expansion to adjacent markets Future-proof new control platform o Enhanced U68 electronics range for glass power bases Wash-proof U68 for cezve (Turkish coffee) application continues to perform strongly 11.. 15#16STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results 04. Water Category Strix TECHNOLOGY 16#17STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results 2020-2025 Revenue Growth Drivers: Water (Commercial & Domestic) Water (Commerical & Domestic) Liscia 254 White WF REDUCES GREAT TASTING FULL Unk 1- 30 AQUA OPTIMA Fast. Filtered. Great Tasting Water. 3X FASTER REDUCES AQUA OPTIMA Fast. Filtered. Great Tasting Water. 82% 20% 120% 82% Baseline Value FY 2021 Market Growth New Products Commercial Initiatives 2025 Target Market Growth 5% CAGR 2022 - 2025 New Products New Innovative designs Leading technology Engineered for each region Global Position Recognised challenger to leader Market Expansion China & North America Strix 17 TECHNOLOGY#18STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Water Commercial Initiatives and Roadmap Commercial Initiatives Go to Market Strategy Significant growth in branded finished goods through Amazon and online channels where filter replacement purchase is made easy North America Multiple TV Promos & Airings New structure and approach to better drive market activation Built significant interest in the trade for NPD in 2022 and beyond LAICA ITALIAN DESIGN APAC Launched first private label customer with new in-house product Secured distributor partner for Aqua Optima In China UK & Europe Secured eastern European distributor Numerous top 10 category rankings on Amazon Major electrical retailer private label launch in Q2 '22 Water Category Roadmap Innovation Driven Growth Liscia 254 Whe We Fer J Fast. Filtered. REDUCES FULL Great Tasting Water. 30 AQUA OPTIMA Oria 28 White Fast. Filtered. Great Tasting Water. 3X FASTER REDUCES AQUA OPTIMA 2020-2022 o Refreshed branding and positioning for Aqua Optima, to better differentiate with Laica in the portfolio o In-House manufacturing focus driving more robust supply chain and better product quality 。 Secured multiple large scale private label contracts for Jugs and Filters across Europe o Launch unique Perfect Pour Jugs, Dispenser and tap filters line 。 New filter innovations such as Alkaline Water AQUA OPTIMA < 2020 o Laica and Aqua Optima strong #2 players in Italy and UK respectively o Strong OEM business with leading baby care and coffee brands plus major retailers o Laica Bi-Flux filters offer a range of unique consumer benefits 2023 & Beyond ○ Expand range of price point offerings to penetrate new markets o Develop new filter propositions that deliver unique consumer benefits o Established as a strong #2 player in core markets within the category o Expand footprint as Coffee Machine Filter OEM Strix TECHNOLOGY 18#19STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results 05. Appliances Category Strix TECHNOLOGY 19#20STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results 2020-2025 Revenue Growth Drivers: Appliances Appliances 96 417 244% LAIGA 000 12% 150% 48% Market Growth 3% CAGR 2022 - 2025 Market Expansion From Local → Global Baby Care/HWoD/Sous vide/Vacuum packing Category Expansion Beverage Station Innovation leader in category Commerical Initiatives 48% Growth 2022- 2025 Baseline Value FY 2021 Market Growth New Products Commercial Initiatives 2025 Target Strix TECHNOLOGY 20#21STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Appliances Commercial Initiatives and Roadmap Commercial Initiatives Go to Market Strategy Significant growth in branded finished goods revenue to represent 89% of category value with major improvement to ASP in 2021 North America Dual Flo launched - 2021 Baby Care partnership & launch confirmed for steriliser-dryer Expand (baby care) formula prep footprint in 2022 LAICA ITALIAN DESIGN APAC Beverage station launched with leading SDA brand Distributor secured for appliances due to expand in 2022 UK & Europe Successful launch of Aqua Optima's Aurora Ramp up in PR coverage incl. features in Good Housekeeping & Mail Online Multiple brands secured and launching Dual Flo across 21-22 Appliances Category Roadmap Innovation Driven Growth POWERED BY Strix TECHNOLOGY H 2020-2022 A focus on innovation to develop products that allow consumers to live a safer, convenient and sustainable life at home Aurora launch exceeds budget expectations in 2021 following launch in June; range extension launched in Q1'22 Visione - The only induction hob top kettle with auto switch off - wins German Design Award Special Mention (2021) and reddot design award in 2022 Laica vacuum range growth of 36% from 2020-2021 with range extension planned in pipeline to address food waste Sustainable Dual Flo technology launched in NAM in 2021; roll out to EU in 2022 under Laica brand Launch best in class steriliser dryer with leading Baby Care brand in NAM (2022) Initiatives underway to optimise Laica appliance offering (cross selling) and expand the range < 2020 О О The appliances category has a rich background of innovation having revolutionised formula prep for parents with Strix patented technology which has sold more than 1m units to date AO successful launch of Lumi chiller with Evolve+ filtration 2023 & Beyond 96 LANG О Bolster 'breakfast' range with coffee appliances as extension to current HWD/Beverage station offering 000 Develop a sharper, modular beverage station range (10+ SKUs) with relevant features, leveraging our technology to increase innovation speed Lead sustainable & ecosystem SDA Strix TECHNOLOGY 21#22STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Strix TECHNOLOGY 06. ESG 22#23STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Sustainability Overview and Timeline 2020 2021 SDG analysis GOOD HEALTH AND WILL-BEING 5 GENDER FELINITY GEAN WATER AND SANITATION 7ATORDABLE AND CITANENERGY Ensure healthy lives promote well-being for all ages Achieve gender equality and empower all women and girls. Ensure availability and sustainable management of water and sanitation for all Ensure access to affordable. reliable. sustainable and modern energy for all NLGERINOMATON RESPONSIBLE AND INFRASTRUCTURE CONSUMPTION 13 MATE AND PRODUCTION ACTION Build resilient infrastructure, promote inclusive and sustainable. industrialization and foster innovation. Ensure sustainable Take urgent action to consumption and combat climate change. production patterns and its impact First sustainability report published Strix Sustainability Report 2020 Sustainable Innovative Dependable Reporting structure implemented Evaluation PLC Board CEO Operations board All Employees Product delivery Product development Delivery Planning Strategy KPI KPIs and targets set Performance Climate action Scope 1.25 emissions 5.376 100e-11.9% Intensity: 56CO/Em: -10.4% Resource intensity Energy used: 10.137MWh-10.2% Intensity 106 MWh/Em-8.7% Target Net zero scope 162 emissions by 2023 Focus for 2022/3 Implement the plan for net zero scope 162 emissions. Focus on Scope 3 emissions including a full audit and actions through the value chain. Target 5% intensity reduction for each of the nest three years Adopt 15050001 implementation across the key manufacturing sites Waste & recycling Clean water and sanitation Health & safety Gender equality and employees Waste: 1585T Intensity 16.6T/EM Recycling: 98% Water consumption 30936m Intensity: 325m³/m Water category growth: 26.8% Lost time accidents: 7 Three year average: -30% Women in Senior management: 23% Shop floor: 63% Target at least 3% reduction a year for the next five years Grow the water business at a minimum of 2x Group revenue growth Reduce lost time accidents rates on a three year rolling basis Further embed diversity thinking throughout the organisation Focus on recycling/disposal through waste hierarchy Develop a pathway to reduce waster and increase recycling. Retain zero landfill. Establish HaloPure in the poultry and livestock sectors. Maximise LAICA/Strix complementary product opportunties Develop a pathway to reduce iemal water consumption particularly in testing All facilities 150-45001 by 2022 Work to promote the gender diversity of the Group's senior management team Innovation "growth in revenues from FY 2019 to FY 2020 ROD/Sales 4.4% Sales from product less than 5 years old: 23.5% Continuous reduction in precious esources including the increased use of recycled materials New product roadmap orientated towards sustainability and interconnectivity capabilities which LAICA brings 2022 2023 Full implementation of TCFD - Scenario analysis Strix TECHNOLOGY TCFD Reporting Governance Scope 3 and lifecycle analysis including increased supplier engagement Strategy Risk Management Integration of Laica LAICA ITALIAN DESIGN Metrics and Targets Net Zero Scope 1 & 2 pathway developed and enacted Management strengthened . NED with sustainability oversight Group CTO appointed Divisional Operations & Group Project Delivery Director CO 蜊 Social Agenda New group head of HR • Think Twice employee engagement • E-learning, pensions to shift • 1 patterns and working conditions Expanding charity/social participation 23#24STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Internal Emissions & Pathway to Net Zero Internal Emissions ☐ Scope 1 & 2 Emissions (tCO2e) o Key emissions scope 2 use of electricity 2020 emissions declined due to COVID and internal actions 2021 emissions increased due to commissioning of new larger manufacturing facility in China ○ Intensity remains key focus ☐ Emissions by location ○ China main source of emissions as the group's key manufacturing locations New Chinese factory x3 production space (excluding warehousing). Further increasing the importance of China o 2021 also impacted by dual running facilities Pathway to Net Zero Site Date Action Solar installation 2021 China 2022 Renewable energy 2021 ISO China 89% Comment Laica 5% Isle of Man 6% Account for over 10% of required electricity. Cost £650k with pay-back outside Strix normal benchmark. Project from planning to commissioning completed in c.6 months Long term contract signed. Additional cost c.£100k per annum ISO14001 Environmental accredited for new factor. Certification gained for ISO50001 Energy Management in SCN, roll out to SRAM & Laica in 2022/2023 Isle of Man Laica 2021 2022/2023 Renewable energy From Sept 21 Solar Planning for solar installations to provide 100% of required electricity Expect to mitigate 97% of Scope 1 & 2 emissions. The remainder will be offset using carbon credits but with projects being initiated (e.g. electrification of transportation, heat recycling) to mitigate fully over time. Future focus on energy intensity (kWh/£m). Strix TECHNOLOGY 24#25STRIX TECHNOLOGY Scopes 3 & 4 Scope 3 - External Emissions Investor Presentation | FY2021 Final Results Source of emissions Details/actions Comment Business travel -99% from pre-pandemic levels Significant reduction due to COVID restrictions. Target to maintain c10% of previous levels post COVID Upstream Downstream Scope 4 Avoided Emissions - Kettles ISO14044 Life Cycle Assessment Analysis and supplier dialogue in process. Preliminary report 2022 with details and action plan scheduled for 2023 Benchmarking core technologies and implementing Life Cycle Assessment methodology on all new technologies via additional ISO certification Penetration Kettles are the most efficient means of boiling water Strix kettle control products save c. 5bn kg of CO2 annually, equivalent to emissions from 1 million cars Improve switch accuracy Technology Reduce wasted water - Dual-Flo Appliances Aurora Instant hot, boiling and chilled water at the press of a button. Visione First switch-off hob top kettle 2 second saving in steam switch off time would save 1% energy or c. £20 per household Approximately £300m wasted on boiling excess water per annum in the UK Reduced energy wastage and filtered chilled water to replace purchased bottled water (Strix sold c. 5.8m filters in 2020 equating to 580m single use plastic bottles). Reduce energy wastage and improve safety eliminating the potential for 'boil over' Strix TECHNOLOGY 25#26STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Strix TECHNOLOGY 07. Outlook 26#27STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Highly targeted acquisitions remain an important part of our value creation strategy Approach @ Evaluation Progress & ☐ ■ Detailed acquisition framework in line with strategic goals Highly selective evaluation methodology ☐ Follow investment and capital allocation frameworks ○ Enhance Mission and Vision o Primarily focused on bolt on acquisitions in Water and Appliance categories ○ Strengthen product and IP portfolio and/or deepen global distribution o Ability to extract cost synergies through implementing Strix best practice ☐ Strong pipeline of opportunities being tracked, with active discussions on several targets at any one time Evaluated through a returns based methodology or where acquisition of IP would materially accelerate Strix's new product development Acquisition of LAICA in 2020 considerably augmented Strix's position in Water and provides a global platform to facilitate future organic and inorganic growth Integration has progressed on track (despite the challenges presented by Covid) and significant growth has been achieved under Strix ownership Previous acquisition of HaloSource expanded product portfolio through addition of Astrea and HaloPure brands Delivering enhanced organic growth through carefully selected, value-enhancing acquisitions Strix TECHNOLOGY 27#28STRIX TECHNOLOGY Outlook 2022 Investor Presentation | FY2021 Final Results Resilient Business Model Continued strong financial performance & operational progression despite significant macro-economic disruption Structured for Growth Strix will continue to invest in compelling growth opportunities; through strategic acquisitions and organic growth, whilst continuing to improve on our internal operations Risks Despite experiencing improved underlying performance in FY 2021 vs FY 2020, there remains a challenging backdrop of headwinds; commodity prices, shipping and packaging costs, FX, which are however starting to ease in the wake of the pandemic recovery Efficiency & Competence Headwinds are being proactively managed and offset through a range of efficiency measures and strategic initiatives, as well as managing the risk of any further disruptions from the pandemic. Strix TECHNOLOGY 28#29STRIX TECHNOLOGY Investor Presentation | FY2021 Final Results Compelling Investment Proposition Reliable. Innovative. Sustainable. Strix has successfully delivered solid growth in adjusted profit after tax for the full year which is testament to how well the Company has dealt with the challenges of both pandemic and other headwinds ■ A high quality, resilient and robust business model which benefits from geographical and product diversification Continued focus on efficiency measures and strategic initiatives to manage its highly variable cost base and prudent investment in compelling growth opportunities Solid balance sheet and low leverage provides financial flexibility for the medium-term to navigate headwinds and deploy capital consistent with allocation of capital priorities Commitment to its dividend in line with its progressive dividend policy that is linked to underlying earnings, reflecting Boards confidence in the outlook for the group going forward Strix TECHNOLOGY 29#30STRIX TECHNOLOGY Disclaimer Investor Presentation | FY2021 Final Results Strix TECHNOLOGY This presentation has been prepared by Strix Group Plc (the "Company") and comprises the following presentation slides (the "Slides") for the sole use at a presentation concerning the Company. The Slides contain statements that are or may be deemed to be "forward-looking statements", which relate, among other things, to the Strix Group Plc's and its subsidiaries' (the "Group") proposed strategy, plans and objectives. Forward-looking statements are sometimes identified by the use of terminology such as "believes", "expects", "may", "will", "could", "should" "shall", "risk", "intends", "estimates", "aims", "plans", "predicts", "continues", "assumes", "positions" or "anticipates" or the negatives thereof, other variations thereon or comparable terminology. Such forward-looking statements include all matters that are not historical facts. They appear in a number of places in the Slides and in the information incorporated by reference into the Slides or in an accompanying verbal presentation and include statements regarding the intentions, beliefs or current expectations of the current directors of the Company concerning, among other things, the results of operations, financial conditions, liquidity, prospects, growth, strategies and dividend policy of the Group and the industry in which it operates. By its nature, such forward-looking information requires the Group to make assumptions that may or may not materialise. Such forward-looking statements may involve known and unknown risks, uncertainties and other important factors beyond the control of the Group that could cause the actual performance or achievements of the Company to be materially different from such forward-looking statements. Forward-looking statements are not guarantees of future performance and may prove to be erroneous. The Group's actual results of operations, financial condition and prospects, liquidity, dividend policy and the development of the industry, markets and sectors in which it operates may differ materially from the impression created by forward-looking statements contained in the Slides or incorporated by reference into them or given in an accompanying verbal presentation. Past performance of the Group cannot be relied upon as a guide to future performance. No statement in these Slides or information incorporated by reference into them or given in an accompanying verbal presentation is intended as a profit forecast or a profit estimate and no statement in these Slides or an accompanying verbal presentation should be interpreted as to mean that earnings per share for the current or future financial periods would necessarily match or exceed historical published earnings per share. The Company accepts no obligation to disseminate any updates or revisions to the Slides or any such forward-looking statements, other than as required in accordance with the London Stock Exchange's AIM Rules for Companies or another regulatory requirement to which the Company is subject. As a result, you are cautioned not to place any reliance on such forward-looking statements. These slides contain certain financial information which is subject to rounding or approximation. 30#31Strix TECHNOLOGY