#1GR GORMAN-RUPP PUMPS N NATIONAL PUMP COMPANY A GORMAN-RUPP COMPANY AMT A Gorman-Rupp Company GR GORMAN-RUPP COMPANY Patterson A Gorman-Rupp Company FILL-RITE A GORMAN-RUPP COMPANY GRI PUMPS A GORMAN-RUPP COMPANY September 2022 INVESTOR PRESENTATION#2FORWARD-LOOKING STATEMENTS GR GORMAN-RUPP COMPANY The Pump People In connection with the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, The Gorman-Rupp Company provides the following cautionary statement: This presentation contains various forward-looking statements based on assumptions concerning The Gorman-Rupp Company's operations, future results and prospects. These forward-looking statements are based on current expectations about important economic, political, and technological factors, among others, and are subject to risks and uncertainties, which could cause the actual results or events to differ materially from those set forth in or implied by the forward-looking statements and related assumptions. These include statements regarding estimates of future earnings and cash flows. Other uncertainties include, but are not limited to, general economic conditions, supply chain conditions and any related impact on costs and availability of materials, integration of Fill-Rite in a timely and cost effective manner, retention of supplier and customer relationships and key employees, the ability to achieve synergies and cost savings in the amounts and within the time frames currently anticipated and the ability to service and repay indebtedness incurred in connection with the transaction. Other risks and uncertainties that may materially affect Gorman-Rupp are described from time to time in its reports filed with the Securities and Exchange Commission, including Forms 10-K, 10-Q, and 8- K. Except to the extent required by law, Gorman-Rupp does not undertake and specifically declines any obligation to review or update any forward-looking statements or to publicly announce the results of any revisions to any of such statements to reflect future events or developments or otherwise. SEPTEMBER 2022 PRESENTATION 2#3COMPANY OVERVIEW GR GORMAN-RUPP COMPANY The Pump People Leading designer and manufacturer of pumps and pump systems ■Product diversity with significant presence in Fire Suppression, Municipal, Construction, Agriculture, Industrial, Petroleum and OEM markets ■Reputation for quality products and outstanding service ■Recognizable family of brands through product development and acquisitions ■Strong network of domestic and international distributors ■ International sales to approximately 135 countries representing 31% of total sales ■History of returning capital to shareholders through dividends Acquisition of Fill-Rite on May 31, 2022 GR GORMAN-RUPP PUMPS PC N 13 NATIONAL PUMP COMPANY A GORMAN-RUPP COMPANY SEPTEMBER 2022 PRESENTATION GRI PUMPS AMT A Gorman-Rupp Company A GORMAN-RUPP COMPANY A Gorman-Rupp Company FILL-RITE. A GORMAN-RUPP COMPANY 3#4COMPANY HISTORY 1933 Company founded with $1,500 initial - and only - capital investment 1956 - First international expansion - established Canadian manufacturing facility 1968 - Publicly listed (American Stock Exchange → NYSE MKT → NYSE in 2017) GR GORMAN-RUPP COMPANY The Pump People 1988 Acquired Patterson Pump Company, manufacturer of large volume pumps for sewage, flood control and fire suppression 1998 - Patterson Pump Ireland established for manufacture and sale of fire pumps in Europe 2010 - Acquired National Pump Company, submersible vertical turbine manufacturer serving the agricultural irrigation, municipal and petroleum markets 2002 - 2016 - Multiple smaller international and domestic acquisitions 2022 - Total of 73 years of cash dividends and 49 consecutive years of increases 2022 Acquisition of Fill-Rite, leading provider of fixed and portable fuel transfer pumps, chemical transfer pumps, meters, and accessories SEPTEMBER 2022 PRESENTATION 4#5GLOBAL OPERATIONS NATIONAL PUMPS GROUP GORMAN-RUPP PUMPS GROUP GR GORMAN-RUPP PUMPS GR GORMAN-RUPP PUMPS GR GORMAN-RUPP PUMPS GR USA Gorman-Rupp Pumps USA Mansfield, OH N USA www.grpumps.com Gorman-Rupp of Canada Limited CANADA St. Thomas, Ontario AFRICA Canada www.grpumps.ca GORMAN-RUPP PUMPS EUROPE GR GORMAN-RUPP COMPANY The Pump People NATIONAL PUMP COMPANY A GORMAN-RUPP COMPANY National Pump Company Glendale, AZ; Fresno, CA; Zolfo Springs, FL; Olive Branch, MS; Lubbock, TX; Houston, TX USA www.nationalpumpcompany.com 1,400 GLOBAL EMPLOYEES Custom Pumps Group National Pumps Group Gorman-Rupp Africa Proprietary Limited Johannesburg, Cape Town & Durban South Africa www.gormanrupp.co.za Gorman-Rupp Europe B.V. Waardenburg, The Netherlands Namur, Belgium www.grpumps.eu CUSTOM PUMPS GROUP GRI® PUMPS A GORMAN-RUPP COMPANY Gorman-Rupp Industries Division Bellville, OH USA Fill-Rite www.gripumps.com Group PATTERSON PUMPS GROUP MORRISON PUMP COMPANY Patterson Pump Company Toccoa, GA USA www.pattersonpumps.com AMT A Gorman-Rupp Company AMT Pump Company Royersford, PA USA www.amtpump.com A Subsidiary of Patterson Pump Company USA PUMP IRELAND LIMITED Patterson Pump Ireland Limited Mullingar Ireland www.ie.pattersonpumps.com FILL-RITE GROUP FILL-RITE A GORMAN-RUPP COMPANY Fill-Rite Company Fort Wayne, IN; Lenexa, KS USA www.fillrite.com SEPTEMBER 2022 PRESENTATION Patterson Pumps Group Gorman- Rupp Pumps Group 5#6FILL-RITE OVERVIEW FILL-RITE Brand Overview • Widely recognized as #1 fuel transfer pump brand in the industry • Products include fixed and portable fuel transfer pumps, meters, and accessories, including hoses, nozzles, and attachments SOTERA Rugged chemical and industrial fluid transfer pumps • Products include pumps and meters for the safe and efficient transfer of concentrated chemicals across a wide variety of end market applications 11% 4% Revenue Breakdown FY 2021A Revenue: $132mm Product Mix 4% 14% Geographic Mix 4% 3% 33% 8% 34% 85% Key Facts & Figures $132mm FY21A Revenue ~25% FY21A Proforma Adjusted EBITDA Margin $1.5bn+ Addressable Market Across Fuel, Chemical, Water, and Fuel Management Systems #1 Brand in Fuel Transfer Pump Industry Network of ~2,000 Channel Partners Across Distribution, Retail, and E-Commerce 2 Well-Invested Manufacturing Facilities Indiana and Kansas Approximately 250 Employees DC Pumps (Portable) AC Pumps (Fixed) ■ US Canada Meters Hand Pumps Accessories Chemical Transfer Pumps ■Mexico ■ROW Select Key Channel Partners Distributors (~50%) Retail / E-Commerce (~50%) JME ELLSWORTH YANT O'Reilly ZNATIONAL ENERGY EQUIPMENT INC. PHOENIX PUMPS, INC. EQUIPMENT Rykin FarmChem EXCEL NAPA BALKAMP FleetPride NORTHERN MID-STATES TOOL EQUIPMENT ORGILL EO EARL OWEN PRINCESS AUTO STANWADE METAL PRODUCTSING TRACTOR SUPPLY CO amazon Peaveyar SEPTEMBER 2022 PRESENTATION 6#7INDUSTRY OVERVIEW GR GORMAN-RUPP COMPANY The Pump People ■Pumps touch our daily lives - drinking water, wastewater, sewage, irrigation, appliances, transportation, fuel, industrial, chemical, fire suppression, construction, HVAC ■Many specialized pumps - due to many specialized applications ■ Very fragmented and niche oriented ■Increasing worldwide demand for water and other fluid-handling equipment Pumps are approximately 11% of water infrastructure needs ■ Many competitors are divisions of larger companies ■ General pricing stability due to extent of value-added products and mature competition SEPTEMBER 2022 PRESENTATION 7#8MARKET DIVERSITY - BY DESIGN Gorman-Rupp Company Markets (excluding Fill-Rite) OEM Refined Petroleum Repair Parts Industrial/ Chemicals & Fire Suppression HVAC Supply Agriculture & Irrigation Supply Construction & Dewatering SEPTEMBER 2022 PRESENTATION Municipal Water / Wastewater & Flood Control GR GORMAN-RUPP COMPANY The Pump People Water & Water-Related (58%) • • Fire Suppression (24% - 27%) Municipal Water / Wastewater & Flood Control (15% - 18%) • Construction & Dewatering (8% - 10%) • Agriculture & Irrigation Supply (4% -5%) Non-Water (29%) . • Industrial/Chemicals & HVAC Supply (16% - 18%) Refined Petroleum (4% - 5%) OEM (8% - 10%) Repair Parts (12% -13%) 8#9PRODUCT DIVERSITY 0000 FILL-RITE SEPTEMBER 2022 PRESENTATION PUMPS Prime ire SOTERA GR GORMAN-RUPP COMPANY The Pump People AMT 9#10WATER MARKETS AUGUST 2022 PRESENTATION 10 10#11FIRE SUPPRESSION (24% -27%) Booster pumps for sprinkler systems in large commercial structures ■ Fire pumps are FM Global approved and an industry standard ■ Manufacturing facility in Ireland for increased capacity ■ Domestic and international market leader DRIVERS: Commercial and industrial construction SEPTEMBER 2022 PRESENTATION GR GORMAN-RUPP COMPANY The Pump People F 11#12MUNICIPAL WATER & WASTEWATER (15% - 18%) ■ Pumps and wastewater stations Pre-engineered turn-key systems ■ Custom design capabilities, above and below ground installation Booster pumps and deep-well line shaft pumps provide clean drinking water ■ Municipal water and sewer funding is typically service fee based, not tax based ■50th anniversary of first sewage pumping station in 2019 DRIVERS: Commercial and residential construction; infrastructure build and re-build GR GORMAN-RUPP COMPANY The Pump People TSERIAS GR SEPTEMBER 2022 PRESENTATION מד GR 12#13STORM WATER & FLOOD CONTROL Flood control pumps capable of pumping up to one million gallons per minute Permanent Canals Closure and Pumps Project completed in New Orleans in 2017 ■ Acquisition of Morrison Pump Company in 2016 GR GORMAN-RUPP COMPANY The Pump People DRIVERS: Infrastructure build and re-build, natural disasters SEPTEMBER 2022 PRESENTATION 13#14CONSTRUCTION & DEWATERING (8% - 10%) ■Self-priming centrifugal pumps for dewatering foundations, quarries, ditches and streams Diaphragm pumps to remove mud and sand laden water at construction sites ■Rotory vane fuel transfer pumps, meters, and accessories for contractors ■ Support of fracking industry Industry leader and innovator GR GORMAN-RUPP COMPANY The Pump People DRIVERS: Infrastructure and other exterior construction; commercial rental activity and inventory turnover; mining SEPTEMBER 2022 PRESENTATION Sident HOW DO 14#15AGRICULTURE & IRRIGATION (4%-5%) Irrigation pumps supplied to sprinkler installation companies ■Strategically located branch locations across the U.S. Pumps for animal waste, pit agitation, fuel transfer and liquid fertilizer GR GORMAN-RUPP COMPANY The Pump People DRIVERS: Grower cash flows from farm commodity prices; bank financing requirements; weather conditions SEPTEMBER 2022 PRESENTATION Pivot i Radio Pane Pivot Tamdacer Pivot 15#16NON-WATER MARKETS AUGUST 2022 PRESENTATION 16#17INDUSTRIAL / CHEMICALS & HVAC SUPPLY (16% - 18%) Dependable pumps for manufacturing applications ■Pumps for moving heavy sludges, slurries and other viscous materials ■HVAC pump market share expanding DRIVERS: Industrial construction, and expansion and remodeling GR GORMAN-RUPP COMPANY The Pump People SEPTEMBER 2022 PRESENTATION 17#18REFINED PETROLEUM (4%-5%) Leader in aircraft refueler market ■ Refinery and pipeline applications Vertical turbine pumps for barge loading and unloading ■ American Petroleum Institute certified pumps ■Safe bulk handling of volatile fuels. DRIVERS: Petroleum refinery production, storage and distribution; and petroleum transportation expansion GR GORMAN-RUPP COMPANY The Pump People SEPTEMBER 2022 PRESENTATION GR PUMPS 18#19OEM (8%-10%) OEM Pump supplier to a variety of manufacturers Range of applications from transportation, appliances, food processing, chemical processing and electronics ■Military applications GR GORMAN-RUPP COMPANY The Pump People DRIVERS: Growth and new products in numerous commercial, medical and retail sectors, power generation demands HP GRI PUMPS SEPTEMBER 2022 PRESENTATION FUE 19#20REPAIR PARTS ■Most parts ship within 24 hours ■Consolidated 12% -13% Large range - from 30% for Construction/Industrial to minimal for Fire Suppression ■About 17% - 18% adjusted for markets with minimal repairs GR GORMAN-RUPP COMPANY The Pump People HOW LONG DO PUMPS LAST? Many Variables The Right Pump for the job! Abrasive Wear Corrosive Solids Clean Liquids Fracking Construction Rental Industrial < 1 Year 5 Years 10 Years 15 Years Municipal Wastewater Fire Suppression Fuel Handling 20+ Years SEPTEMBER 2022 PRESENTATION 20#21DIVISIONS/MARKETS GR Gorman-Rupp GORMAN-RUPP PUMPS Pumps Group End Markets USA CANADA EUROPE AFRIA Fire Suppression Municipal Water, Wastewater & Flood Control Construction & Dewatering Agriculture & Irrigation Supply Industrial/Chemicals & HVAC Supply Refined Petroleum Original Equipment Manufacturer (OEM) International SEPTEMBER 2022 PRESENTATION National Patterson Pumps Group Pumps Group N NATIONAL PUMP COMPANY GR GORMAN-RUPP COMPANY The Pump People Custom Pumps Group GRI GORMAN-RUPP INDUSTRIES AMT Fill-Rite Group FILL-RITE. A GORMAN-RUPP COMPANY 21 21#22COMPETITION AUGUST 2022 PRESENTATION 22 22#23NOTABLE PUMP COMPETITORS Company XYLEM (XYL) - ($5.2B; Pumps/Services $3.9B, 74%) Flygt Goulds AC Fire Pump Bell & Gossettt Godwin Pumps FlowServe (FLS) - ($3.5B; Flow/Pumps $2.5B, 70%) Worthington Durco and IDP FlowServe IDEX (IEX) - ($2.8B; Flow/Pumps $1.0B, 36%) Viking and MicroPump Pulsafeeder SEPTEMBER 2022 PRESENTATION GORMAN-RUPP MARKETS Fire Suppression Municipal Flood Control Construction Agriculture Industrial Petroleum OEM 23#24NOTABLE PUMP COMPETITORS Company - Pentair (PNR) – ($3.8B; 100% Flow/Pumps) ☐ Hydromatic Aurora Fairbanks Nijhuis Franklin Electric (FELE) - ($1.7B; Flow/Pumps $1.0B, 58%) GORMAN-RUPP MARKETS Fire Municipal Suppression Flood Control Construction Agriculture Industrial Petroleum OEM Pioneer Pump Dover Corporation (DOV) – ($7.9B; Fluids $3.3B, 42%) Blackmer Wilden - Ingersoll Rand (IR) – ($5.2B; <15% Flow/Pumps) ARO Seepex Albin Pump Milton Roy Thomas SEPTEMBER 2022 PRESENTATION 24 14#25NOTABLE PUMP COMPETITORS GORMAN-RUPP MARKETS Fire Suppression Municipal Flood Control Construction Agriculture Industrial Petroleum OEM Company Host of private companies/divisions Smith & Loveless BJM / Stancor Thompson Pumps Zoeller Pumps Vaughan Pumps GPI Roper (Cornell) SPX Flow (Johnson Pump, Waukesha Cherry- Burell, Power Team, Gerstenberg Schoder, Bran+Luebbe) SEPTEMBER 2022 PRESENTATION 45 25#26AUGUST 2022 PRESENTATION FINANCIAL SUMMARY 26#27NET SALES & NET INCOME 480 420 Millions of Dollars (Sales) 360 300 240 180 120 60 60 0 2017 2018 2020 COVID-19 2019 Net Sales 6 mos. YTD Net Income Net Sales SEPTEMBER 2022 PRESENTATION 2020 2021 GR GORMAN-RUPP COMPANY The Pump People 45 45 40 40 35 30 Millions of Dollars (Net Income) 25 20 20 15 10 110 5 0 2022 Net Income without (Non-Cash) Settlement Loss and Impairment Charges 27#28STRONG EBITDA & FREE CASH FLOW GR GORMAN-RUPP COMPANY The Pump People Millions in Dollars 70 10 60 60 50 40 40 ။ 30 30 20 20 10 10 2017 Adjusted EBITDA 2018 A) 2019 2020 6 mos. YTD Adjusted EBITDA Free Cash Flow A) 2018 Free Cash Flow excludes $52.2 million special dividend. SEPTEMBER 2022 PRESENTATION 2021 Adjusted EBITDA, percent of net sales 18% 16% 14% 12% 10% 8% 6% 4% 2% 0% 2022 28 Percent of Net Sales#29HISTORICAL CAPITAL ALLOCATION ■Return of capital to shareholders through dividends ■ Maintenance capital ~ $15 million per year 90 90 80 80 70 0 60 60 Millions of Dollars 50 40 40 30 20 20 10 0 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 Dividends Cap Ex Acquisitions Special Dividend Share Repurchases SEPTEMBER 2022 PRESENTATION GR GORMAN-RUPP COMPANY The Pump People Current annualized dividend rate of $0.68 per share Special dividend of $2.00 per share in 2018 Capital Expenditures • National Pump Building Expansions • • $2.4 Million 2012; $2 Million 2014 Patterson Ireland Expansion 2014-2015 • $4.5 Million Continual Investments in M & E Acquisitions • • • GR Africa 2012 - American Turbine Pumps - 2012 Bayou City Pump - 2014 • GR Belgium - 2015 • Morrison Pump - 2016 Fill-Rite 2022 - 29#30CAPITAL ALLOCATION PRIORITIES Our maintenance capital expenditures are expected to be ~$15mm per year GR GORMAN-RUPP COMPANY The Pump People We have a proud history of returning capital to shareholders through dividends and expect to maintain our dividend practices while achieving our leverage target We are focused on deleveraging with targeted leverage of less than 3.5x by the end of 2024 Once we delever, acquisitions will remain an important part of our growth strategy, and we will monitor opportunities to complement our existing businesses or expand our core competencies We expect to maintain ample liquidity for our operations, including ~$20mm of cash on the balance sheet and a $100mm revolving credit facility SEPTEMBER 2022 PRESENTATION 30#31Number of Shares 1000 1500 2000 2500 GROWTH OF 100 SHARES ■Share growth through stock dividends and splits ■CAGR of 6.9% since 1968 GR GORMAN-RUPP COMPANY The Pump People 1968 1972 1976 1978 1980 1982 1984 1986 A) As of 6/30/22, value of $65,741 at $28.30/share and cash dividends received of $30,476. SEPTEMBER 2022 PRESENTATION 1988 500 $2,600 100 shares 1990 1992 1994 1996 1998 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 2022 31 $96,217 A) 2,323 Shares#32Annual Dividend Rate HISTORY OF INCREASING DIVIDENDS ■290 Consecutive quarters of cash dividends ■ 49 Consecutive years of increased cash dividends $0.70 $0.60 $0.50 $0.40 $0.30 $0.20 $0.10 $0.00 1971 1975 1979 SEPTEMBER 2022 PRESENTATION 1983 GR GORMAN-RUPP COMPANY The Pump People Among Top 50 U.S. Public Companies Current annualized rate $0.68 per share 2.4%/year of $28.30/share 6/30/22 $16.0 $14.0 1987 1991 Cash Dividend Rate 1995 1999 2003 2007 -Annual Dividends Paid 2011 2015 2019 $12.0 $10.0 $8.0 $6.0 $4.0 $2.0 $0.0 32 2 $18.0 Annual Dividends Paid ($ Millions)#33Q2 2022 P&L ■Completed acquisition of Fill-Rite ■ Adjusted EPS was $0.27 per share compared $0.32 for Q2 2021 Results included an unfavorable LIFO impact of $0.13 and $0.02 per in 2022 and 2021, respectively Sales increased 28.0% or $26.1 million, a 13.4% increase excluding Fill-Rite GR GORMAN-RUPP COMPANY The Pump People ■ Gross margin included $1.6 million of inventory step up and acquired customer backlog amortization 2022 gross margin also included an increase in the unfavorable impact of LIFO of $3.6 million Operating income also included $6.9 million in acquisition costs Incoming orders increased 44.5% compared to Q2 2021, 33.7% excluding Fill-Rite ($ in millions) Q2 2022 Q2 2021 Dollars % of Net Sales Dollars % of Net Sales Net Sales Gross Profit SG&A Amortization $119.1 $93.0 28.2 23.7% 24.7 26.5% 24.1 20.3% 13.9 14.9% 1.2 1.0% 0.2 0.2% Operating Income 2.9 2.4% 10.6 11.4% Interest Expense 2.3 2.0% Adjusted Net Income¹ 7.0 5.9% 8.5 9.1% Adjusted EPS¹ $0.27 $0.32 Adjusted EBITDA¹ $15.4 12.9% $13.6 14.6% (1) See appendix for non-GAAP reconciliations. SEPTEMBER 2022 PRESENTATION 33#34SIX MONTHS ENDED JUNE 30, 2022 P&L Adjusted EPS of $0.56 compared to $0.61 for 2021 Results included unfavorable LIFO impacts of $0.18 and $0.04 in 2022 and 2021, respectively Sales increased 21.5% or $39.2 million, a 14.1% increase excluding Fill-Rite GR GORMAN-RUPP COMPANY The Pump People Gross margin included $1.4 million of inventory step up amortization, $0.2 million of acquired customer backlog amortization 2022 gross margin also included an increase in the unfavorable impact of LIFO of $4.7 million Operating income also included $6.9 million in acquisition costs Incoming orders YTD increased 28.5% compared to the same period last year, an increase of 22.7% excluding Fill-Rite Backlog improved to $264.7 million at June 30, 2022 compared to $153.0 million at June 30, 2021 and $186.0 million at December 31, 2021 with Fill-Rite adding $14.7 million at June 30, 2022 ($ in millions) Six Months Ended June 30, 2022 Six Months Ended June 30, 2021 Dollars % of Net Sales Dollars % of Net Sales Net Sales $221.2 $182.0 Gross Profit 53.7 24.3% 47.7 26.2% SG&A 39.9 18.1% 27.8 15.3% Amortization 1.4 0.6% 0.4 0.2% Operating Income 12.4 5.6% 19.6 10.8% Interest Expense 2.3 1.0% Adjusted Net Income¹ 14.5 6.6% 15.9 8.7% Adjusted EPS¹ $0.56 $0.61 Adjusted EBITDA¹ $27.9 12.6% $25.9 14.2% (1) See appendix for non-GAAP reconciliations. SEPTEMBER 2022 PRESENTATION 34#35BALANCE SHEET Fill-Rite acquisition decreased cash, and increased debt, goodwill and intangibles and net working capital GR GORMAN-RUPP COMPANY The Pump People ($ in millions) June 30, 2022 December 31, 2021 June 30, 2022 December 31, 2021 ASSETS LIABILITIES & SHAREHOLDERS' EQUITY Cash and cash equivalents $16.8 $125.2 Current portion of long-term debt $17.5 Accounts receivable, net 90.4 58.5 Goodwill and Intangible Assets $33.1 Inventories, net 101.1 85.6 Other current liabilities 74.6 19.3 Prepaid and other 15.2 7.9 Pension and postretirement 37.3 36.7 benefits Total current assets $223.5 $277.2 Long-term debt, net of current portion 414.9 Property, plant and equipment, 130.0 104.3 net Other long-term liabilities 2.6 1.7 Goodwill and intangible assets, 511.5 33.1 Total liabilities $546.9 $90.8 net Other assets 9.3 6.2 Total shareholders' equity 327.4 330.0 Total assets $874.3 $420.8 Total liabilities & shareholders' equity $874.3 $420.8 SEPTEMBER 2022 PRESENTATION 35#36PILLARS FOR GROWTH AUGUST 2022 PRESENTATION 36#37PILLARS FOR GROWTH GR GORMAN-RUPP COMPANY Organic International Acquisitions III SEPTEMBER 2022 PRESENTATION GR GORMAN-RUPP COMPANY The Pump People 37#38WELL POSITIONED FOR ORGANIC GROWTH GR GORMAN-RUPP COMPANY The Pump People Robust new product development pipeline Broad network of global distributors Over two million square feet of design, manufacturing and distribution space worldwide, with capacity for growth ■ISO Certified 9001, 14001 - GR Pumps USA, Patterson, National Pump and GR Industries ■State of the art testing facilities ■ Customer first culture ■1,400 employees worldwide with experience of over 10 years on average ■ Gorman-Rupp Continuous Improvement program at all locations ■ Market diversity helps minimize impact of downturns SEPTEMBER 2022 PRESENTATION 38#39ORGANIC GROWTH DRIVERS GR GORMAN-RUPP COMPANY The Pump People Aging U.S. infrastructure - U.S. Infrastructure Report Card (1) Drinking Water C- Wastewater D+ Storm Water D ■ Infrastructure bill including investment in water, wastewater and flood control Bill needed to address estimated $2.6 trillion gap (1) in required infrastructure spending over the next 10 years ■Oil and gas markets recovery ■ Well positioned to capitalize on agriculture market High value of retained customers - service, repairs and replacements ■Increasing regulatory requirements related to environmental, quality and energy efficiency ■Investment in R&D - history of innovation ■Emphasis on customer training and education (1) American Society of Civil Engineers 2021 Infrastructure Report Card SEPTEMBER 2022 PRESENTATION 39#40PRODUCT INNOVATION Majority of products continue to be made in the USA GR GORMAN-RUPP COMPANY The Pump People ■Strong team of experienced engineers providing project-specific engineering expertise and new product development Continued advancements in challenging applications like clogged sewage systems or abrasive materials ■ Advanced monitoring and control with loT will continue to develop Advancements in pump efficiency, reduced emissions and alternative power sources NSF61 Drinking Water Certification Registered full pump including the "can" European Stage 5 Hydrogenated Vegetable Oil Engine Driven Units Technology reduces CO2 emissions by 89% vs. fossil fuels Flow Smart and Eradicator Clog sensing and clearing control technology for lift stations series. INTEGRITYS TM Tuned for performance, stability and longevity. SEPTEMBER 2022 PRESENTATION - Integrinex Advanced Control Systems FloSmart TECHNOLOGY GR BEAR INTEGRINE man GR PUMPS The Pump Rope Integrity Series Smart Pumps Brushless DC mag drive centrifugal pumps with lot 40#41PROCESS INNOVATION Focus on customer facing technology with ability to research, configure and order GR GORMAN-RUPP COMPANY The Pump People Easy on-line access to customer specific pump specifications, user manuals and parts ordering Integration of 3D printing capabilities into new product develop and factory productivity improvements State of the art test labs allowing difficult field conditions to be duplicated in house REVOLUTION Revolution (NPC) Pricing software has allowed rapid quotations/ordering fostering improved margins HYDRAULIC INSTITUTE H PUMP TEST LAB PROGRAM Hydraulic Institute Certified Test Lab Patterson test lab certified to HI Pump test lab approval program 40.7 standard GR Super TSERIES GORMAN-RUPP PUMPS Gorman-Rupp Pumps Mansfield, Ohio GRPUMPS.COM SELF-PRIMING CENTRIFUGAL PUMP MODEL NO. T4B60S-B /F- SERIAL NO. 1606622 PATENTS: US 6887034 READ THE IMP. DIA. STD E MANUALS FOR THIS PUMP THOROUGHLY BEFORE ATTEMPTING TO INSTALL, OPERATE OR SERVICE THE PUMP. Serial Number Specific QR Codes Provides customer with easy access to individual pump specifications, user manuals and drawings SEPTEMBER 2022 PRESENTATION 41 41#42CUSTOMER TRAINING AND EDUCATION GR GORMAN-RUPP COMPANY The Pump People Long history of product education and training of both distribution and customers Customer visits and plant tours are part of sales process SEPTEMBER 2022 PRESENTATION In-house training and testing facilities that can simulate field conditions GR Increased use of technology to deliver virtual training Youtube Mobile training equipment supports customer site training 400/2.09 Gorman-Rupp: G-R Academy 42 42#43INTERNATIONAL DISTRIBUTION CAPABILITY ■International sales represent approximately 31% of total company sales GR GORMAN-RUPP COMPANY The Pump People annually 2021 International Sales $52 million $66 million Mexico / South & Central America 13% Canada Exported From USA Locations Direct From International 16% Locations SEPTEMBER 2022 PRESENTATION Total International Sales Mix (excluding Fill-Rite) Africa 12% Asia/Oceania 16% Europe 29% Middle East 14% 43#44GORMAN-RUPP INTERNATIONAL LOCATIONS GR GORMAN-RUPP COMPANY The Pump People Well positioned international facilities ■Capacity for growth DIVISION Gorman-Rupp Canada Gorman-Rupp Africa Gorman-Rupp Europe Gorman-Rupp Belgium Patterson Pump Ireland PUMPS BY DORMAN-RUPP LOCATION Ontario, Canada Johannesburg, South Africa Waardenburg, The Netherlands Namur, Belgium County Westmeath, Ireland Patterson Gorman-Rupp Canada Gorman-Rupp Africa Gorman-Rupp Europe Gorman-Rupp Belgium Patterson Pump Ireland SEPTEMBER 2022 PRESENTATION 44 44#45DRIVERS OF INTERNATIONAL GROWTH ■ Population growth and urbanization increasing infrastructure needs ■Industrialization in developing countries GR GORMAN-RUPP COMPANY The Pump People ■ Accelerating need for water recycling and water & wastewater treatment systems ■ Increasing industrial and agriculture needs ■ Sanitation needs - lack of access to proper sanitation worldwide ■Drinking water - millions of people worldwide lack access to safe drinking water ■ Water scarcity - by 2025, as much as two-thirds of the world's population could be living in areas where water is in short supply, according to the United Nations SEPTEMBER 2022 PRESENTATION 45#46HISTORY OF GROWTH THROUGH ACQUISITIONS ■ Gorman-Rupp has successfully grown through acquisitions Financial strength to continue acquisitions ■ Approach to acquisitions remains disciplined and selective GR GORMAN-RUPP COMPANY The Pump People Acquisitions since 2010: Year Company Locations 2010 National Pump Company AZ, CA, TX, MS, FL Key Markets Agriculture, Municipal, Petroleum, Industrial Agriculture 2012 2012 American Turbine Pumptron TX, CA Johannesburg, South Africa Municipal, Industrial 2014 Bayou City Pump TX Industrial, Petroleum 2015 Hydro & Hydro+ Namur, Belgium Municipal, Industrial, Construction 2016 Morrison FL 2022 Fill-Rite IN and KS Municipal, Flood Control Agriculture, Construction SEPTEMBER 2022 PRESENTATION 466 46#47FILL-RITE ALIGNS WITH GORMAN-RUPP'S DISCIPLINED M&A CRITERIA Criteria Preferences Products ■ Pumps or pumping related equipment and systems that complement existing product lines ■ Chemical / Fuels ■ Municipal HVAC OEM Markets ■ Alternative Energy Marine GR GORMAN-RUPP COMPANY The Pump People Fill-Rite acquisition Premier fuel and chemical transfer pumps across agriculture, construction, mining, marine, fleets, and municipalities ■ Food/BEV / Pharma ■ Culture Regions Competitive Landscape Condition of Business Customer-Focused ■ Employee Focused ■ Quality-Focused ■ U.S., Europe, Asia Industrial Dredging High-quality operations with outstanding culture and demand for excellence in business and service ■Leading Brands/Positions in Niche Markets #1 brand in the 0-35 GPM fuel transfer pump industry Strong and experienced management team committed to continuing in current roles ■ Not a turnaround situation Structure Financial Performance Size ◉ Bolt-on with compatible management that is retained post acquisition Attractive profitability, growing, accretive near term, meets IRR requirements ■ $25MM to $150MM in Revenue Steady revenue growth complemented by a strong margin and cash flow profile that is expected to contribute double digit percentage accretion in 2023 Potential for commercial synergies SEPTEMBER 2022 PRESENTATION 17 47#48FILL-RITE EXPANDS PORTFOLIO OF MISSION-CRITICAL PLIMPS AND SYSTEMS Key highlights Complements and expands Gorman-Rupp's portfolio of products in mission-critical applications and adjacent end markets Agriculture and construction end markets set to benefit from rising demand in equipment spend, harvesting and infrastructure activity Enhances brand recognition with the #1 brand in fuel transfer pump industry Strong collective of distribution partners with added exposure and opportunity in retail and e- Commerce channels, and international expansion Adds capabilities in lower flow rate, consumer-facing pumps Pipeline of new product development GR GR GORMAN-RUPP COMPANY GR GORMAN-RUPP COMPANY The Pump People A GORBAN RUPP COMPANY GORMAN-RUPP PUMPS Patterson COMPANY NATIONAL PUMP A Gorman-Rupp Company AMT A Gorman-Rupp Company GRI PUMPS A GORMAN-RUPP COMPANY FILL-RITE A GORMAN-RUPP COMPANY 000% FILL-RITE 351 SEPTEMBER 2022 PRESENTATION 48#49SUSTAINABILITY Gorman-Rupp companies are committed to advancing the health, safety and wellness of our employees, customers and communities by: GR GORMAN-RUPP COMPANY The Pump People ■ Making a positive impact on our communities through philanthropy and social engagement; Reducing our impact on the environment through resource conservation and waste prevention; ■ Treating employees fairly, with dignity, and without discrimination - and maintaining similar expectations of our supply chain partners; and ■ Providing training and development programs that attract diverse, motivated employees and help them reach their full potential. GOR ISO 14001:2015 REGISTERED COMPANY SEPTEMBER 2022 PRESENTATION Welcome to Sherman Elementary 49 49#50INVESTMENT HIGHLIGHTS GR GORMAN-RUPP COMPANY The Pump People Over 85 years of innovation and quality pump leadership ■Consistent management team with proven results Product and market diversification ■ Well positioned for long-term sustainable growth ■ History of returning capital to shareholders ■Fill-Rite is expected to be accretive to current operating metrics including organic growth, gross margins, and EBITDA margins SEPTEMBER 2022 PRESENTATION 50#51BIOS Jeffrey S. Gorman, Executive Chairman GR GORMAN-RUPP COMPANY The Pump People Jeff has been Chairman of the Board since 2019. He previously served as CEO from 1998 to 2021 and President from 1998 to 2020. He was elected to the Board of Directors for The Gorman-Rupp Company in 1989. In 1978, he started working on the factory floor and has progressed through many positions including Sales, Corporate Secretary, Assistant and General Manager and Senior Vice President of the corporation. Mr. Gorman completed his Bachelor of Science degree in business administration in 1974 with majors in business management and economics. Jeff is active in his community and was the Chairman of the Ohio Chamber of Commerce. In addition, he sits on the Board of Advisors for Ashland University's John M. Ashbrook Center for Public Affairs, the Board of Directors of Mechanics Bank and the Richland Community Development Group. He also serves as Chairman of the City of Mansfield Airport Commission and holds an Airline Transport Pilot rating. Scott A. King, President and Chief Executive Officer Scott was promoted to Chief Executive Officer in January 2022 in addition to his role as President. He served as President and Chief Operating Officer from January 2021 to December 2021. Prior to that he was Vice President and Chief Operating Officer since April 2019 and was previously Vice President of Operations. He was elected to the Board of Directors for The Gorman-Rupp Company in 2021. In 2004, he joined the Gorman-Rupp Pumps USA division as Manufacturing Manager and progressed through multiple positions including Director of Manufacturing, and General Manager. Mr. King completed his Bachelor of Science degree in Mechanical Engineering from the University of Minnesota in 1996 and Masters in Business Administration from the University of Michigan in 2002. In addition, Mr. King is active in his community. He is the past President of the Rotary Club of Mansfield, OH and a Board member of the Club's Foundation; past President of the Regional Manufacturing Coalition; and a member of the Board of Directors for the Hydraulic Institute. James C. Kerr, Executive Vice President and Chief Financial Officer Jim joined the company in July 2016. Prior to joining The Gorman-Rupp Company, Mr. Kerr served, for nine years, as the Chief Financial Officer for a retail chain with over $2 billion in sales. Mr. Kerr has served in various financial leadership positions with several multi-billion dollar companies, primarily in the consumer products sector. Prior to that, Jim had experience in public accounting as an Audit Manager with Arthur Andersen & Co. Mr. Kerr's experience includes working with both public and privately held companies. Mr. Kerr has experience in strategic planning, profit improvement, mergers & acquisitions, financing, risk management and information systems planning and implementation. Jim holds a Bachelors Degree in Accounting from Baldwin Wallace University. SEPTEMBER 2022 PRESENTATION 51#52APPENDIX GR GORMAN-RUPP COMPANY The Pump People The Gorman-Rupp Company Non-GAAP Measures This presentation includes certain non-GAAP financial data and measures such as adjusted net income, adjusted earnings per share and adjusted earnings before interest, taxes, depreciation and amortization, referred to as "adjusted EBITDA". Adjusted net income is net income excluding non-cash pension settlement charges, one-time acquisition costs, amortization of step up in value of acquired inventories, and amortization of customer backlog. Adjusted earnings per share is earnings per share excluding non-cash pension settlement charges per share, one-time acquisition costs per share, amortization of step up in value of acquired inventories per share, and amortization of customer backlog per share and adjusted EBITDA is net income (loss) excluding interest, taxes, depreciation and amortization, adjusted to exclude non-cash pension settlement charges, one-time acquisition costs, amortization of step up in value of acquired inventories, and amortization of customer backlog. Management utilizes these adjusted financial data and measures to assess comparative operations against those of prior periods without the distortion of non-comparable factors. The inclusion of these adjusted measures should not be construed as an indication that the Company's future results will be unaffected by unusual or infrequent items or that the items for which the Company has made adjustments are unusual or infrequent or will not recur. The Gorman-Rupp Company believes that these non-GAAP financial data and measures also will be useful to investors in assessing the strength of the Company's underlying operations from period to period. These non-GAAP financial measures are not intended to replace GAAP financial measures, and they are not necessarily standardized or comparable to similarly titled measures used by other companies. Following is a reconciliation of non-GAAP measures, which includes descriptions of actual adjustments made in the current period and the corresponding prior period. SEPTEMBER 2022 PRESENTATION 32 52#53NON-GAAP RECONCILIATION Net Income (loss) - GAAP basis Plus pension settlement charge Plus one-time acquisition costs Plus amortization of step up in value of acquired inventories Plus amortization of acquired customer backlog Adjusted Net Income Earnings (loss) per share - GAAP basis Plus pension settlement charge Plus one-time acquisition costs Plus amortization of step up in value of acquired inventories Plus amortization of acquired customer backlog Adjusted Earnings per share SEPTEMBER 2022 PRESENTATION GR GORMAN-RUPP COMPANY The Pump People Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 ($1.0) $7.1 $6.5 $14.5 1.3 1.4 1.3 1.4 5.4 5.4 1.1 1.1 0.2 0.2 $7.0 $8.5 $14.5 $15.9 Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 ($0.04) $0.27 $0.25 $0.56 0.05 0.05 0.05 0.05 0.21 0.21 0.04 0.04 0.01 0.01 $0.27 $0.32 $0.56 $0.61 53#54NON-GAAP RECONCILIATION Adjusted earnings (loss) before interest, taxes, depreciation and amortization: Reported net income (loss) - GAAP basis Plus interest expense Plus provision (benefit) for income taxes Plus depreciation and amortization expense Non-GAAP earnings before interest, taxes, depreciation and amortization Plus pension settlement charge Plus on-time acquisition costs Plus amortization of step up in value of acquired inventories Plus amortization of acquired customer backlog Non-GAAP adjusted earnings before interest, taxes, depreciation and amortization GR GORMAN-RUPP COMPANY Three Months Ended June 30, Six Months Ended June 30, 2022 2021 2022 2021 ($1.0) $7.1 $6.5 $14.5 2.3 2.3 (0.3) 1.8 1.7 3.7 4.3 3.0 7.3 6.0 5.3 11.9 17.8 24.2 1.6 1.7 1.6 1.7 6.9 6.9 1.4 1.4 0.2 0.2 $15.4 $13.6 $27.9 $25.9 The following table reconciles adjusted earnings before interest, income taxes and depreciation and amortization as reconciled above to free cash flow: Three Months Ended March 31, Six Months Ended June 30, 2022 2021 2022 2021 Non-GAAP adjusted earnings before interest, taxes, depreciation and amortization: $15.4 $13.6 $27.9 $25.9 Less capital expenditures (4.9) (2.6) (8.4) (3.5) Less regular cash dividends (4.5) (4.1) (8.9) (8.1) Non-GAAP free cash flow $6.0 $6.9 $10.6 $14.3 SEPTEMBER 2022 PRESENTATION 54#55GR GORMAN-RUPP COMPANY The Pump People 55