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Investor Presentation

Q2 FY2024 Financial Highlights 3rd Consecutive Quarter of Growth YoY Since IPO Revenue ($M) U.S. +23% Y/Y • ROW +23% Y/Y Adj. EBITDA ($M) & Margin % +164% +23% ■ROW 573 513 518 ■US 467 480 ROW 191 403 128 33% 186 156 209 134 110 84 73 63 19% 42 17% EBITDA Margin US 32 390 382 14% 311 328 67% 12% 269 270 9% 8% Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 nextracker. Q2'24 Q1'23 Q2'23 Q3'23 Q4'23 Q1'24 Q2'24 Note: Y/Y percentages are calculated using rounded numbers. Graphs represent fiscal year quarters. RoW is defined as Rest of the World. See Appendix for definition of metrics and reconciliations of each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. IPO date: Feb 9, 2023. ©2023 NEXTRACKER 24
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