Investor Presentation 2023 slide image

Investor Presentation 2023

Actions Taken and Focus Areas for 2023 Global restructuring plan aiming to improve cash position, and to support company's long term goal to improve growth and profitability. > > > > Closing Sdot-Yam Plant and shifting capacity to our other plants including third party manufacturers Focused on operational excellence, cost reduction and improved working capital management Aligning production with demand while maintaining adequate inventory levels. Price adjustments to meet market demand Focus on product Innovation Ocaesarstone Diversify production capabilities by adding manufacturers in low-cost countries Expand porcelain offering in the U.S. and Canada Adjusting North America go-to-market strategy Headcount reduction in connection with Sdot- Yam plant closure (150 employees). Investor Presentation 2023 17
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