Steelcase Q2, 2022 Earnings Presentation

Steelcase Q2, 2022 Our investments in the business generated strong return on invested capital before impact of COVID-19 pandemic in fiscal 2021 ADJUSTED RETURN ON INVESTED CAPITAL (ROIC) & ADJUSTED EBITDA ($M) (% Adjusted Net Income of Average Capital) 16.0% 14.0% 13.3% 12.0% 10.0% 8.0% 6.0% 4.0% 2.0% Adj ROIC Adj EBITDA 12.0% 10.9% 14.3% 5.0% $400 $350 $300 $250 $200 $150 $100 1.4% $50 0.0% $0 FY17 FY18 FY19 FY20 FY21 TFQ 18

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