Engineering a Cleaner, Healthier World slide image

Engineering a Cleaner, Healthier World

Transformation Update: Status FOCUS the Organization Ⓒ FOCUS THE ORGANIZATION ◉ ◉ Make 80/20 a core part of our DNA Build a high-performance organization ■ Simplify and segment the business MODINE Engineering a Cleaner, Healthier World Completed segmentation Mature 80/20 rollout in Climate Solutions, recently launched in Performance Technologies MODINE Engineering a Cleaner, Healthier World PERFORM and Deliver ACCELERATE Profitable Growth Expand Margin Profile and Build Growth Engine አተ PERFORM AND DELIVER ■ Launch the Modine Business Cycle Maximize share of target markets Simplify and improve operating margins ✓ Focusing resources on key end markets: - EV systems - Data centers IAQ, heating, coolers Heat pumps Stationary power We Are Here - ACCELERATE PROFITABLE GROWTH Shift to systems solutions versus components Promote geographic expansion ■ Pursue opportunistic M&A ✓ Building capabilities in business development ✓ Pursuing M&A to support product and technology strategies in Climate Solutions segment 8
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