Investor Presentaiton

2021 FOCUS AREAS 凹 CURRENT MOMENTUM STRATEGIC VECTORS GOAL North America Performance Variable Cost Management Organization Simplification 200+ bps sequential margin expansion in Western Hemisphere driven by NAM 100 bps decline in gross margin on a 32% drop in YoY revenue YoY overhead costs as a % of revenue unchanged, as we continue to realize the benefits from rationalizing management levels Our Product and Service Portfolio + Digital Transformation + ESG & Energy Transition Sustainable Profitability Positive Free Cash Flow Inventory Rationalization 4 days improvement in DSI sequentially

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