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Investor Presentaiton

ADJUSTED EBITDA RECONCILIATION Net income Interest expense Depreciation and amortization Income taxes provision Non-cash write-down and other charges Non-cash share-based compensation expense Loss on extinguishment of debt (Gain) loss on change in contractual interest rate Transaction costs and credit facility fees Loss on pension settlement, restructuring and other Adjusted EBITDA Adjusted EBITDA attributable to noncontrolling interests Adjusted EBITDA attributable to Generac Holdings, Inc. 2016 2017 2018 2019 LTM $97.2 $159.6 $241.2 $252.3 $292.2 44.6 42.7 41.0 41.5 35.2 54.4 52.0 47.4 60.8 68.0 56.5 44.1 69.9 67.3 73.4 7.5 5.8 3.5 0.8 1.4 9.5 10.2 14.6 16.7 19.5 0.6 1.3 0.9 0.9 3.0 2.4 2.1 3.9 2.7 1.8 0.9 0.8 1.8 11.0 24.6 $276.5 $317.3 $424.6 $454.1 $517.1 (3.8) $272.7 (6.1) $311.2 (7.8) $416.8 (5.0) (2.2) $449.1 $514.9 GENERAC 28
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