#1THERMON THERMON GROUP HOLDINGS, INC. INVESTOR PRESENTATION NOVEMBER 2023#2Cautionary Note Regarding Forward-looking Statements This presentation includes forward-looking statements within the meaning of the U.S. federal securities laws in addition to historical information. These forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements include, without limitation, statements regarding our industry, business strategy, plans, goals and expectations concerning our market position, future operations, margins, profitability, capital expenditures, liquidity and capital resources and other financial and operating information such as the anticipated financial performance of our Powerblanket acquisition, our execution of our strategic initiatives, our ability to complete the disposition of our Russian subsidiary and anticipated timing and associated charges and our ability to achieve our financial performance targets for Fiscal 2026 and our Fiscal 2023 full-year guidance. When used herein, the words "anticipate," "assume," "believe," "budget," "continue," "contemplate," "could," "should" "estimate," "expect," "intend," "may," "plan," "possible," "potential," "predict," "project," "will," "would," "future," and similar terms and phrases are intended to identify forward-looking statements in this presentation. Forward-looking statements reflect our current expectations regarding future events, results or outcomes. These expectations may or may not be realized. Some of these expectations may be based upon assumptions, data or judgments that prove to be incorrect. In addition, our business and operations involve numerous risks and uncertainties, many of which are beyond our control, which could result in our expectations not being realized or otherwise materially affect our financial condition, results of operations and cash flows. Actual events, results and outcomes may differ materially from our expectations due to a variety of factors. Although it is not possible to identify all of these factors, they include, among others, (i) the outbreak of a global pandemic, including the current pandemic (COVID-19 and its variants); (ii) general economic conditions and cyclicality in the markets we serve; (iii) future growth of energy, chemical processing and power generation capital investments; (iv) our ability to operate successfully in foreign countries; (v) our ability to successfully develop and improve our products and successfully implement new technologies; (vi) competition from various other sources providing similar heat tracing and process heating products and services, or alternative technologies, to customers; (vii) our ability to deliver existing orders within our backlog; (viii) our ability to bid and win new contracts; (ix) the imposition of certain operating and financial restrictions contained in our debt agreements; (x) our revenue mix; (xi) our ability to grow through strategic acquisitions; (xii) our ability to manage risk through insurance against potential liabilities (xiii) changes in relevant currency exchange rates; (xiv) tax liabilities and changes to tax policy; (xv) impairment of goodwill and other intangible assets; (xvi) our ability to attract and retain qualified management and employees, particularly in our overseas markets; (xvii) our ability to protect our trade secrets; (xviii) our ability to protect our intellectual property; (xix) our ability to protect data and thwart potential cyber-attacks; (xx) a material disruption at any of our manufacturing facilities; (xxi) our dependence on subcontractors and third-party suppliers; (xxii) our ability to profit on fixed-price contracts; (xxiii) the credit risk associated to our extension of credit to customers; (xxiv) our ability to achieve our operational initiatives; (xxv) unforeseen difficulties with expansions, relocations, or consolidations of existing facilities; (xxvi) potential liability related to our products as well as the delivery of products and services; (xxvii) our ability to comply with foreign anti-corruption laws; (xxviii) export control regulations or sanctions; (xxix) changes in government administrative policy; (xxx) the current geopolitical instability in Russia and Ukraine and related sanctions by the U.S. and Canadian governments and European Union; (xxxi) environmental and health and safety laws and regulations as well as environmental liabilities; and (xxxii) 2023 climate change and related regulation of greenhouse gases, and (xxxiii) those factors listed under Item 1A "Risk Factors" included in our Annual Report on Form 10-K for the fiscal year ended March 31, 2023 as filed with the Securities and Exchange Commission (the "SEC") on May 25, 2023 and in any subsequent Quarterly Reports on Form 10-Q, Current Reports on Form 8-K or other filings that we have filed or may file with the SEC. Any one of these factors or a combination of these factors could materially affect our future results of operations and could influence whether any forward-looking statements contained in this presentation ultimately prove to be accurate. Our forward-looking statements are not guarantees of future performance, and actual results and future performance may differ materially from those suggested in any forward-looking statements. We do not intend to update these statements unless we are required to do so under applicable securities laws. NON-GAAP FINANCIAL MEASURES Disclosure in this release of "Adjusted EPS," "Adjusted EBITDA," "Adjusted EBITDA margin," "Adjusted Net Income/(loss)," "Free Cash Flow," "Organic Sales" and "Net Debt," which are "non-GAAP financial measures" as defined under the rules of the Securities and Exchange Commission (the "SEC"), are intended as supplemental measures of our financial performance that are not required by, or presented in accordance with, U.S. generally accepted accounting principles ("GAAP"). "Adjusted Net Income/(loss)" and "Adjusted EPS" (or "Adjusted fully diluted EPS") represent net income/(loss) before the impact of restructuring and other charges/(income), costs associated with impairments and other charges, acquisition costs, amortization of intangible assets, tax expense for impact of foreign rate increases, and any tax effect of such adjustments. "Adjusted EBITDA" represents net income before interest expense (net of interest income), income tax expense, depreciation and amortization expense, stock-based compensation expense, acquisition costs, costs associated with restructuring and other income/(charges), and costs associated with impairments and other charges. "Adjusted EBITDA margin" represents Adjusted EBITDA as a percentage of total revenue. "Free Cash Flow" represents cash provided by operating activities less cash used for the purchase of property, plant, and equipment, net of sales of rental equipment and proceeds from sales of land and buildings. "Organic Sales" represents revenue excluding the impact of the Company's May 31, 2022 acquisition of Powerblanket. "Net Debt" represents total outstanding principal debt less cash and cash equivalents on hand. We believe these non-GAAP financial measures are meaningful to our investors to enhance their understanding of our financial performance and are frequently used by securities analysts, investors and other interested parties to compare our performance with the performance of other companies that report Adjusted EPS, Adjusted EBITDA, Adjusted EBITDA margin or Adjusted Net Income. Adjusted EPS, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net Income, Organic Sales and Free Cash Flow should be considered in addition to, and not as substitutes for, revenue, income from operations, net income, net income per share and other measures of financial performance reported in accordance with GAAP. We provide Free Cash Flow as a measure of liquidity. Our calculation of Adjusted EPS, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net Income and Free Cash Flow may not be comparable to similarly titled measures reported by other companies. For a description of how Adjusted EPS, Adjusted EBITDA, Adjusted EBITDA margin, Adjusted Net Income and Free Cash Flow are calculated and reconciliations to the corresponding GAAP measures, see the sections of this release titled "Reconciliation of Net Income to Adjusted EBITDA," "Reconciliation of Net Income to Adjusted Net Income and Adjusted EPS" and "Reconciliation of Cash Provided by Operating Activities to Free Cash Flow." THERMON Q2 2024 Earnings | 2#3This is Thermon We provide safe, reliable and innovative mission critical industrial process heating solutions that create value for our customers Company Background • • Specialize in providing complete flow assurance, process heating, temperature maintenance, freeze protection and environmental monitoring solutions. Founded in 1954, public company since 2011 ~1,400 full-time employees Sales in 85 countries Facilities on four continents Industry-leading safety record Trailing 12-Month Revenue By Geography By Type THERMON) Q2 2024 Earnings | 3 8% 11% 24% $475MM 52% $475MM 14% 62% 29% Point-In-Time USLAM EMEA CAN Over Time - Small APAC Over Time - Large#4Industry Leader in Industrial Process Heating A Electric Heat Trace Systems B Steam Trace Systems C Tubing Bundled Solutions D CEMS & Analytical Systems E Temporary Power Systems E F Environmental Air & Space Heaters G Gas Catalytic Heater H Immersion / Circulation Heaters | Rail & Transit Heaters J Blanket Heaters A B D C H F Thermon provides a full spectrum of mission-critical heating solutions to industrial customers in classified areas THERMON August 2023|4 J#5Customers We Serve 3M BASF ConocoPhillips Eni BECHTEL DOW Agip ExxonMobil LG Chem Reliance Siemens Transportation Group Inc. Chevron BOMBARDIER QU PONT Valero® ATCO Power FLUOR Solar Turbines A Caterpillar Company Industries Limited PEMEX THERMON August 2023 | 15 Canadian Natural Shell BNSF RAILWAY Mosaic centerraGOLD SOLVAY SOLVAY PHARMA Nutrien Kawasaki STERIS ENMAX GE CANFOR EPCOR#6External Market Drivers Industrial Chemical and Petrochemical Demand Growth Electrification Industrial Internet of Things Developing Market Growth ㅁㅁㅁ Natural Gas as a Bridge Fuel THERMON August 2023|6 Renewable Energy Increasing Environmental Regulations#7Thermon's Strategic Pillars Profitably Grow Installed Base • • Apply industry leading process heating technology to solve the world's most difficult thermal engineering problems Support ongoing customer operations with upgrades, . • Decarbonization, Digitization and Diversification Diversify end market exposure Industry leading controls and Disciplined Capital Allocation • monitoring to digitize and optimize maintenance • Leverage existing Thermon solutions and new product development to meet needs of • customers focused on decarbonization and electrification Invest in technology and people to drive organic growth Prioritize inorganic growth opportunities that exceed WAAC by year 3 and debt paydown while evaluating returning capital to shareholders Target 1.5x-2.0x Net Debt to Adjusted EBITDA leverage under normal operating conditions Delivering long-term shareholder value creation expansions and maintenance Deliver continuous improvement to drive margin expansion THERMON August 2023|7#8Decarbonization Market Size TOTAL ENERGY USAGE O 50% Energy Usage ENERGY USED FOR HEATING INDUSTRIAL ENERGY USED FOR HEATING 50% 50% 50% 95% 5% Energy For Heat Industrial Heat Electric Heat Energy For Trans, Cooling, Other Non-Industrial Heat Fired Heat Boilers $1.3B Electric Heating Market Size 9.3% Expected CAGR → $15.5B $2.8B CY 2022 CY 2030 Process HPI Process F&B CY 2050 Thermal Energy Storage Hydrogen The addressable market more than doubles by 2030 Thermon's existing technology will address >80% of current market needs THERMON August 2023|8#9Enabling the Energy Transition and Decarbonization Energy Transition Commercial Boilers Immersion Heaters Environmental Heaters Circulation Decarbonization Biofuels Wind Power Solar Power Green/Blue Battery Hydrogen Power / EVS Nuclear Power Thermal Energy Storage Electrification Carbon Capture & Storage GHG Emissions Reduction Emissions Monitoring & Analysis ✓ Heaters Heat Trace ✓ ✓ ✓ and Control CEMS Bundles Removable ✓ ✓ (Blanket) Heat Catalytic Methane Heat THERMON) August 2023|9 ✓ Recycling (Plastic and Battery Material)#10Strong Pipeline of Energy Transition and Decarbonization Business End Market Project Type Size + Oppty Status Carbon Capture Greenfield Construction $1MM + $10MM Won, FY23 Renewable Fuels Plant Conversion $2MM + $6MM Won, FY23 Commentary $900K award on US carbon storage sites + winterization of 26 compression stations Petroleum refinery conversion to biodiesel Nuclear Maintenance/Upgrade $6MM Won, FY23 Greenfield Energy Storage $0.5MM + $20MM Won, FY23 Energy Storage Hydrogen THERMON August 2023 | 10 Greenfield Green & Blue Hydrogen Multiple Opportunities Pipeline Refurbishment of nuclear power plant Engineering for molten salt circulation heater + follow-on equipment package Global production creation and conversion of hydrogen fuels#11Progressing Digitization Strategy 40 1 GENESIS GATEWAY • • Product Spotlight Solution that provides full operational awareness of heat trace systems using wireless mesh technology Customers using the Genesis Network save time and are more efficient in maintenance operations IloT technology that delivers industry- leading benefits Released software update v1.7 in April 2023 Winning in the market ... accelerating adoption including accounts where competition had been entrenched THERMON August 2023 | 11 Accelerating Adoption of Genesis Network +175% +385% +40% FY 2021 FY 2022 FY 2023 FY 2024 Q1 Prior Year Circuits New Circuits Added#12Fiscal 2024 Guidance Raising Full Year Guidance . Ongoing strength in Western • . • Hemisphere and rebound in Europe and Asia Pacific Continuous improvement in operations. and pricing offsetting inflationary pressures Capex ~3.0% of revenue... investing in capacity Depreciation and amortization of $20MM • Effective tax rate of ~25% Revenue USD in millions, FY23 FY24E Prev FY24E except per share data $440.6 $462-$488 $478-$498 24% 5%-11% Growth 8% -13% Growth YOY% Net Income $33.7 GAAP EPS $1.00 $1.48-$1.62 $1.65-$1.68 Adjusted EPS $1.56 $1.69 - $1.83 $1.86 - $1.89 Adjusted EBITDA $93.3 Continued Margin Improvement Adjusted EBITDA % 21.2% THERMON) Q2 2024 Earnings | 12 Free Cash Flow $48.5#13Revenue by End Market Trailing 12 Months General Industries & Other 24% Chemical/Petrochemical 15% Commercial 6% Renewables Strategic Adjacencies* 6% 5% Power 4% Rail & Transit 3% Upstream Oil 12% 15% • Highlights Growing customer CAPEX spend Success in Food & Beverage globally Growing activity in Alternative Fuels, Hydrogen, Ammonia and LNG US power market upgrades and retrofits Downstream Oil / Refining Midstream Oil 2% Upstream Gas 3% Downstream Gas 3% Midstream Gas 2% THERMON Q2 2024 Earnings | 13 ~64% of revenues diversified, non-Oil & Gas end markets *Strategic Adjacencies includes Mining and Mineral Processing, Maritime/Shipbuilding, Semiconductors, Pharmaceutical and Biotechnology, Food and Beverage and Data Centers.#14Reduced Cyclicality Over Time Total Revenue, USD in millions Customer CAPEX 37% of Revenue Customer OPEX 63% of Revenue $309 # 2015 Oil & Gas as % of Total Revenue THERMON August 2023|14 Customer CAPEX 35% of Revenue Customer OPEX 65% of Revenue $413 Customer CAPEX 21% of Revenue $441 Customer OPEX 79% of Revenue Repositioned business mix with less CAPEX exposure • ~37% in 2015 has decreased to ~20% today Concurrently, we have increased our exposure to less cyclical end markets by ~15pts since 2019 Oil & Gas exposure today weighted toward maintenance & upgrades... return of capital spending represents opportunity Thermon positioned for greater profitability with more stability ■MRO/Materials # 2019 ~54% ■Small Projects ■Large Projects 2023 ~39%#15Fiscal 2026 Revenue Goals: Update USD in Millions Pre-COVID Peak Powerblanket +$17MM $455-$485 $413 COVID-19 Impact $441 FY19 Actual # $275 + Targeting Non-Oil and Gas Revenues of ~65% to 70% by end of FY26 $550-$650 # FY21 Actual FY23 Actual FY24 Estimate Organic Growth Strategic Initiatives Inorganic Growth FY26 Target Remain on track for FY26 growth goals +50% organic growth since FY21 Profitable Growth + Diversification = Long-Term Value Creation THERMON August 2023 | 15#16Capital Allocation Priorities Capital Structure Target 1.5x - 2.0x Net Debt to Adjusted EBITDA leverage under normal conditions Maintain strong balance sheet through the cycle Prioritize growth while evaluating potential return of capital to shareholders · ✓ Organic Growth Drive organic growth through investment in people, technology and continuous improvement Target 2% -3% R&D expense as a percent of revenue Strategic Initiatives: Decarbonization 。 Digitization o Diversification + Inorganic Growth · Pursue bolt-on acquisition opportunities Build the industrial process heating platform • Expand and diversify addressable markets Target EPS accretive in year 1 with Return on Invested Capital in excess of WACC by Year 3 THERMON August 2023 | 16#17Compelling Investment Opportunity Leading Global Brand in high value, diversified end markets with mission critical technology and high barriers to entry Leading safety culture and results Polymers technology Advanced controls and network monitoring software Large Installed Base with loyal customers and a resilient aftermarket franchise High margin, recurring maintenance revenues Global installed base with blue-chip customers Exposure to Sizeable Opportunity in high-growth energy transition and decarbonization end markets via the electrification of industrial heat 25% of global energy demand is used for industrial heat Massive electrification opportunity with existing technology Strong & Flexible Balance Sheet with high margin, low capital investment model that yields significant free cash flow 45% historical gross margins Investing in people and technology <1.0x leverage enables flexible capital allocation priorities THERMON August 2023 | 17#18THERMON Thermon, Inc. | 7171 Southwest PKWY | Bld 300 Suite 200 | Austin, TX 78735 | USA [email protected] in O#19Environmental, Social and Governance (ESG) Summary • Environmental Thermon solutions enabling the electrification of industry SASB metrics disclosed since Fiscal 2020 Fiscal 2023 highlights include: o Total energy consumed decreased by 9% o Recycled 83% of hazardous waste Genesis family of solutions can reduce customer energy costs by over 50% Launched Thermon Enviro- Dyne in Q2 FY2022 • • Social Safety is a clear differentiator 。 0.44 TRIR¹ substantially below industry average Diversity & Inclusion o FY 2024 short-term incentive to include enhanced D&I metric² o Updated IR website disclosure Talent development program Heart of Thermon o Supports our local communities o Educational scholarships • Governance The Board has adopted a framework for oversight of corporate social responsibility and sustainability matters through its standing committees Areas of oversight include: o Human capital matters o Reporting procedures and standards for the Company's ESG metrics (THERMON) 1. Total Recordable Incident Rate August 2023 | 19 2. Only applicable to executives#20Sustainable Competitive Advantages THERMON August 2023 | 20 4 • • · • . Deep breadth of solutions from Process Heating, Electric Heat Tracing and Steam Heat Tracing Direct sales model and customer relationships Decades of engineering design expertise Substantial investment to build and maintain a robust certification portfolio Capacity and technology to execute the world's largest projects Global installed base Industry-leading safety record in hazardous areas Commitment to quality and reliability Top-tier on-time delivery and lead times#21Heat Tracing Solutions Electric and Steam Thermon Heat Tracing solutions deliver heat to pipes, vessels, and instruments for the purposes of temperature maintenance, freeze protection, and environmental monitoring. Thermon systems are inherently trusted as well-engineered and deliver best-in-class reliability. THERMON Controls THERMON August 2023 | 21 Project Engineering Sites typically have thousands of heat trace circuits that must operate seamlessly to keep the facility running. Networked controls that are robust, easy to use, and provide clear visibility and supervisory management to staff are a key part of a heat trace system. Thermon is emerging as a leader in next-generation controls. Combining state-of-the-art technologies and processes with experienced engineers and project professionals, Thermon delivers customized, value- added solutions to its customers from project initiation, through construction and on-going operation and maintenance.#22Industrial Process Heating Thermon Heating Systems is known throughout the process heating industry for the fastest delivery of highest quality, reliable products and best-in-class engineering support services FX5 Ruffneck Cata-Dyne™ Market leading technology, low emissions, explosion-proof gas catalytic heaters available in stock for same day shipment. Ruffneck™ Rugged, reliable and versatile heavy-duty explosion-proof heaters with global approvals. Caloritech™ Electric heaters engineered for industrial processes and environments with global approvals. Fastrax™ Highly efficient heat transfer for rail track and switch equipment. 3L Filters™ Provides a wide variety of process, advanced gas and liquid filtration systems. Norseman™ Rugged, reliable and versatile heavy-duty explosion-proof heaters with global approvals. (THERMON) August 2023 | 22#23Addressable Markets 23 6 24 2 3 しん THERMON) August 2023 | 23 UPSTREAM SECTOR CHEMICAL Onshore Oil & Gas 1 19 Production Chemical Processing 2 32 30 Bitumen Production & Processing 20 Fertilizer Plant 26 31 3 Central Tank Batteries 21 Pharmaceutical 25 27 19 29 20 22 18 5 17 15 16 13 10 11 14 28 8 12 4 Offshore Oil & Gas Facilities 22 Food Processing MIDSTREAM SECTOR POWER GENERATION 5 Biogas Processing Plant 23 Combined Cycle Power 6 LNG Receiving Terminal 24 Nuclear Power 7 LNG Storage 8 Bulk Fluid/Gas Storage 9 Transmission Pipeline DOWNSTREAM SECTOR Solar & Energy Storage 26 Wind Turbines RAIL & TRANSIT 27 Train Switching 10 Renewable Gas Processing 28 Commuter Train 25 11 Biofuels Distillation COMMERCIAL 13 12 Air Separation Unit Continuous Catalytic Reforming 29 Wastewater Treatment Hot Water 30 Maintenance INDUSTRIAL 14 Sulfur Recovery Unit 15 Crude Oil Distillation 16 Fluid Catalytic Cracking 17 Blue Hydrogen/Ammonia (SMR) 18 Green Electrolysis Plant 31 Textiles 32 Pulp & Paper 33 Mining & Minerals#24Attractive Mix Between Projects and Recurring Business OVER-TIME REVENUE (PROJECTS) 40% POINT-IN-TIME REVENUE (MATERIALS) 60% FISCAL 2022 REVENUE SPLIT ESTIMATED MARGINS¹ PROJECT SIZE PROJECT LENGTH COMPETITION COMMENTARY 20%-40% Maintenance 50% - 60% Less than $1MM Upgrades 40% - 50% More than $1MM per project More than 6 months (1-2 years typical) Competitive bid process Drivers include energy demand and capital spending Turnkey solutions, global footprint, local presence, strong reputation and deep customer relationships are critical Less than 6 months Usually awarded to incumbent provider Begins within 3 years after initial installation Lasts through the asset's useful life Less than $1MM Less than 12 months Involves minimal bidding or is marginally competitive ~5-7 years after installation Local design, engineering, inventory and supply chain Installed base creates advantage THERMON) August 2023 | 24#25Long Term Value Of A Project Annual Value ($) 40% 20% Year 1-3 Year 4-6 Year 7-10 Key Takeaways Year 1 - 3 Projects (Over-time revenue) Vary in size, scale, complexity and scope Early involvement to influence design and specifications Design and supply versus turn-key Largest installations can take +3 years, most complete within (12) months Change Orders, Site Specs, Pull-through Incremental design and supply during installation THERMON August 2023 | 25 65% Gross Margin 40% Initial Bid Expansions Future Years MRO UE MRO/UE Key Takeaways Year 4+ • Maintenance (Point-in-time revenue) Site maintenance begins within 3 years of commissioning Annuity-like value due to heat trace systems integrity, hazardous area and low % of overall system cost Upgrades • 5-7 years after commissioning Facility driven work, typically won by incumbent#26Thermon Heat Tracing Case Studies THERMON Over-Time Revenue: Power Plant Total feet of heat tracing: 61,211 Total feet of tubing bundles: 18,750 Total number of control panels: 18 Total heat tracing expenditure: $2.9MM August 2023|26 Point-in-Time Revenue: Fertilizer Plant Original contract value of $4.5MM in 2015 Recurring revenue generated by small plant upgrades and maintenance Annual revenue has averaged approximately $0.4MM, or ~8% of original contract value#27classe language attributes(); ?>>> charset?php bloginfol 'charset' ); "width=device-widt vinport" con true, 'right' ); title 11"> reprofile" app.org/xSTIMA was rele"pingback" i bloginfel Recent Investments in Technology fruitful get favicon(); ir tt IE 9script srcpto eche get pvp head(); 7 47php body_class(); ?> div id"page-header" classfeed site's theme options fruitful $logo pos menu if (isset($theme options'in $logo pos esc attri Snenu pos escaftri $logo pos class fr menu pos class THERMON August 2023 | 27 Connectivity, Analytics and Design Created a new software + hardware development team in the Austin, TX tech community to develop modern, cloud and internet-of-things solutions for both control & monitoring and large project design automation. Catalytic Technology Explosion-Proof Gas Catalytic Heaters are the industry standard for space or spot heating applications in hazardous environments where electrical power is not available. This catalytic technology is the foundation for new product developments in adjacent markets. Research & Development Investing in equipment and measurement devices to rapidly iterate. next-generation conductive polymers with improved performance.#28Global Quality Programs And Certifications Quality Management ISO 9001:2015 www.dak DEKRA Certified ISO 9001:2015 Quality Management System ISO/IEC 80079-34:2018 Ex Quality Management System CE Compliance with European Directives (1988) TSSA Ex IEC IECEX EID LISTED Intertek US C UL US LISTED FM APPROVED C SP US Compliance with European ATEX Directive for producing equipment intended for Explosive Atmospheres (1988) Global Scheme producing certified equipment intended for Explosive Atmospheres (2005) Nationally Recognized Test Labs accredited by OSHA and SCC for producing certified equipment in the US and Canada (1980, 1987, 1996) THERMON August 2023 | 28 TSSA ASME Sections I, III, IV and VIII Div.1 Boilers and Pressure Vessels H, U and S Stamps and National Board Registration (1993) ASME Sections I, IV and VIII Div.] and CSA Standard B51, Boiler, Pressure Vessel and Pressure Piping Code (1993) ASME Section III Class 1, 2, 3 Nuclear Components to N285.0 Boilers and Pressure Vessel Code (2011) N INMETRO EAC Brazilian Certification Agency Approvals for producing Ex equipment (2002) Ex EAC Certifications to TR CU 012/2011 for producing Ex certified equipment in the TR CU (2014) KOSHA Korean Equipment Approvals (2002) Chinese Safety Quality License for Import Boilers and Pressure Vessels PESO India Equipment Approvals (2002) [N ASME Nuclear Component Certification (2011) ISASO Saudi Arabian Equipment Approvals (2018) Nuclear Class and Non-Nuclear Class Heaters and Filtrations Components and Pressure Vessels (2018) ABS DNV GL BUREAU VERITAS R Lloyd's Register Maritime Approval Agencies (1998, 2000, 2002, 2016) Almost 600 unique certifications + established leadership on standards development committees#29Global Product Certifications Aligned With Strategy • SP UL FM APPROVED ET LISTED PROFITABLY GROW THE INSTALLED BASE HAZARDOUS AREAS • EX & IECEX certified since the 1980s >60% of Thermon revenue derived from hazardous and/or classified areas Ex IECEX อบ BOILERS EAC SASO DECARBONIZATION & DIVERSIFICATION ASME & TSSA certified since the 2000s Transition to electric boilers represents significant opportunity for growth ASME SETTING THE STANDARD TECHNICAL STANDARDS TS SA SAFETY AUTHORITY NUCLEAR CCC One of six companies in the world with 'N' stamp for process heating applications in Nuclear facilities [N] ROMANIA FON SCIR 1910 THERMON August 2023 | 29