#1#2#3Investment Highlights ENGINEERING A CLEANER HEALTHIER WORLD™ We are unlocking value by shifting resources, focusing on end markets with favorable trends, driving for system and value differentiation and pivoting towards our best opportunities. MODINE Engineering a Cleaner, Healthier World Ⓡ ↓ 89/20 100+ year legacy in thermal management 80/20 as a core part of our DNA and a tool to unlock value Products & solutions that help improve our environment es Shifting focus to systems Co solutions versus components Strategy to accelerate top-line growth CAGR to 8-10% by 2025-27 Margin expansion goal to increase by at least 500 bps (2022-27) 3#4#5Modine at a Glance KI FY2023 Sales $2.3 Billion FY2023 Adjusted EBITDA* $212.1 Million FY2023 Free Cash Flow* $56.8 Million * See appendix for Non-GAAP reconciliations MMMM 11,300 Employees Engineering a Cleaner, Healthier World 36 Manufacturing facilities in 14 countries+ I Headquartered in Racine, WI R&D and technical centers in: Racine, WI Grenada, MS Leeds, UK Guadalajara, Spain Bonlanden, Germany Sao Paulo, Brazil Chennai, India Ⓡ + Excludes coatings facilities. 5#6#7#8#9#10#11#12#13#14#15#16#17#18#19#20#21#22#23#24#25#26#27#28#29#30