Steelcase Q2, 2022 Earnings Presentation

Steelcase Q2, 2022 Our capital allocation philosophy contains a balances of reinvestment in the business, dividends, and share repurchases Capital Allocation Philosophy Reinvestment in the business Acquisitions CAPITAL EXPENDITURES VS. DEPRECIATION AND AMORTIZATION ($ MILLIONS) $100 ■Capital Expenditures ■D&A Dividends Opportunistic share repurchases QUARTERLY DIVIDENDS PAID PER SHARE $0.16 $0.12 $0.08 $0.04 $0.00 Q2 FY16 Q2 FY22 50 $0 FY17 FY18 FY19 FY20 FY21 TFQ DIVIDENDS AND SHARE REPURCHASES ($ MILLIONS) $100 Dividends Repurchases 60 $0 FY17 FY18 FY198 FY20 FY21 TFQ 19

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