Investor Presentation 2023 slide image

Investor Presentation 2023

Actions Taken and Focus Areas for 2023 Global restructuring plan aiming to improve cash position, and to support company's long term goal to reignite growth and profitability. > Closed Sdot-Yam Plant and shift capacity to our other production sources Aligning production with demand while maintaining adequate inventory levels Focused on operational excellence, cost reduction and improved working capital management > Price adjustments to meet market demand > Ocaesarstone Diversify production capabilities by creating network of strategic partners in the Far East Expand porcelain offering in the U.S. and Canada Adjusting North America go-to-market strategy Focused on product Innovation including re-engineering the full product family for our Australian market Headcount reduction in connection with Sdot- Yam plant closure (150 employees) Investor Presentation 2023 16
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