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Engineering a Cleaner, Healthier World

22 Air Cooled Applications 6 Markets Products MODINE Engineering a Cleaner, Healthier World Grow/maintain stationary power and higher margin vehicular business, optimize low margin business shutterst Off-Highway Power Generation erstoc Commercial Vehicle Radiators Charge-Air Coolers Modules Brands MODINE Engineering a Cleaner, Healthier World " ■ Market Opportunities Decarbonization and the focus on alternative fuels is creating needs for more advanced cooling technologies Growth in data centers, electrification and microgrid have increased demand for reliable backup power, resulting in growth in the power generation market. FY23 revenue - $50 million, targeting 3-year CAGR of 30-35% Competitive Advantage As OEMs de-risk their supply chain, our global product designs and manufacturing footprint provide "in region for region" stability Our legacy of technical thermal management and engineering expertise makes us a supplier of choice as customers innovate with alternative fuels and renewables As a leader in aluminum heat exchanger technology, we can accelerate the transition from copper/brass in the power generation industry 14
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