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Investor Presentaiton

Financial Strength and Flexibility Strong capital structure Healthy cash flow and access to cash facilitate organic growth investment, M&A and cash returns to stockholders Cash and cash equivalents of $38 M Net debt of $337 M ** * In October 2022, executed a five-year, $800 M revolving credit facility, with opportunity to increase further by the greater of (i) $400 M or (ii) 100% of TTM consolidated EBITDA, subject to lenders approval Net debt leverage remains low Compliant with all covenants with significant headroom Generated $7 M of cash from operations in Q1 2023, in line with Q1 2022 ~$415 M of availability under revolving credit facility Anticipating cap ex of $25 M-$30 M in 2023, including investments in our plants to add capacity and gain efficiencies through automation Completed acquisition of Blasters, Inc. on January 3, 2023 for an initial payment of $13.4 M Completed acquisition of Trackless Vehicles on April 3, 2023 for an initial purchase price of ~$40 M Paid $5.5 M for dividends, reflecting dividend of $0.09 per share; recently declared increased dividend of $0.10 per share for Q2 2023 ~$59 M of authorization remaining under current share repurchase program (~2% of market cap) * Dollar amounts as of, or for the quarter ending 3/31/2023, unless otherwise noted ** Net debt is a non-GAAP measure and is computed as total debt of $375.5 M, less total cash and cash equivalents of $38.4 M FEDERAL SIGNAL 7
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