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Investor Presentaiton

vek Tyvek Tyvek Tyvek Tyvek kTyvek Tyvek Tyvel 24 24 Favorable Tax Attributes Tax attributes and 338(h)10 election overview $1.9 billion combined asset basis step-up created through 2006 acquisition of Generac and other acquisitions | Each amortizes over 15 years Results in present value tax savings of $60 million (2) or $.90-$1.00 per share 2 | Reduces cash tax obligation on average by ~$33 million per year through 2021 ($ MM) TOTAL 2020 2021 2022+ $130 $107 $27 $33 $27 $7 Annual tax amortization $264 Cash tax savings (1) $67 (1) Assuming continued profitability and no limitations at an assumed 25.5% federal and state tax rate. (2) Based on annual discount rate of between 5 and 10% GENERAC
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