Lakeland Bancorp Investor Conference Presentation Deck slide image

Lakeland Bancorp Investor Conference Presentation Deck

Eagle Technical Products Acquisition¹ Enhances Lakeland's Product Portfolio and Expands Geographical Reach Company Background and Product Portfolio Headquarters Product Focus Markets Distribution 1) Acquisition closed on December 2, 2022 Lakeland ● ● ● Stockport, UK Firefighter Suits & Apparel (65% of FY22 revenues) Industrial FR Apparel (35% of FY22 revenues) Europe, Africa, and Middle East • Utilizes UK-based, in- house design and manufacturing to prototype to customer specifications then leverages third-party manufacturing in Europe Acquisition Highlights Complementary product lines to Lakeland's existing portfolio that greatly benefit Lakeland's differentiated product offering, particularly within fire service protective clothing Focus on product innovations and R&D expertise to compete and take market share Expands and diversifies Lakeland's customer base, most of which are on multi-year contracts Asset-light value chain provides potential in- sourcing synergy opportunities as well as access to new suppliers Bolsters Lakeland's sales presence and activities in EMEA and South America eagle FR eagle FR 32% LIGHTER THAN LEADING ASSEMBLIES EAGLETECHNICAL PRODUCTS.COM FALCON BLACK FIRE SUIT 12
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