Commercial Metals Company Results Presentation Deck slide image

Commercial Metals Company Results Presentation Deck

Key Takeaways From Today's Call Strong financial results in the third quarter North America segment achieved year-over-year growth in EBITDA for the tenth consecutive quarter (excluding Q2 2022 gain on land sale) ● ✔Arizona 2 operational startup underway Anticipated to achieve breakeven on an EBITDA basis during the first quarter of FY 2024 ● • Increases CMC's ability to capitalize on strong multi-year market fundamentals ✔ Current market dynamics are good in North America, Europe remains challenged Expect fourth quarter financial performance to be strong Positive North America long-term fundamentals supported by infrastructure spending programs and outlook for large-scale industrial projects ✔Solid financial position Balance sheet strength and cash flow profile continue to provide capital allocation flexibility CMC $234 million Q3 Net Earnings $240 million Q3 Adjusted Earnings (¹) 1 Core EBITDA, annualized return on invested capital, adjusted earnings, and adjusted EPS are non-GAAP financial measures. For definitions and reconciliations of non-GAAP financial measures to the most directly comparable GAAP financial measures, see the appendix to this document $1.98 Q3 Diluted EPS $2.02 Q3 Adjusted EPS(1) $392 million Q3 Core EBITDA(1) 19% Q3 Annualized ROIC(¹) Q3 FY23 Supplemental Slides June 22, 2023 4
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