Sidoti Deck

Transformation Plan Is Underway Reengineered Organizational Program to Grow Sales, Profits, Free Cash Flow, and Shareholder Value Goal Status • 1. Strengthen Leadership & Accountability . Q3 Progress Supplemented executive team with the additions of Tim French, COO and David Harrison, CPO Strengthening operating processes ~25% • Began the process of fixing or exiting unprofitable contracts • 2. Address Unprofitable Business Made solid progress against each goal during the quarter and continue to maintain significant opportunity to enhance the business NN NN Inc., Sidoti Deck | November 2023 3. Expand Margins . 4. Institutionalize Free Cash Flow Generation • • • Continuing to assess global manufacturing facilities; focused on improving unprofitable plants Plan is to improve plant-level EBITDA by >$10 million, annually Implemented numerous cost cutting and pricing initiatives Rolling out new Total Cost Productivity program globally; goal is to offset inflation plus expand margins Refocusing global culture around better business (profitable/FCF generating/balancing cash inflow with spending / outflows Immediate corrections underway FCF positive over the last 6 months and trailing twelve months . Balancing between Power and Mobile • Balancing Mobile across powertrains - ICE, EV, hybrid 5. Increase New Business Wins • Aligning sales organization (people, products, and focus) • Increased new awards quarter over quarter - gaining momentum 8

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