Financial Overview

Supplemental Financial Measures Net Leverage Ratio Management and various investors use the ratio of debt principal outstanding, plus finance lease obligations, less cash divided by LTM Adjusted EBITDA, or "Net Leverage Ratio," as a measure of our financial strength when making key investment decisions and evaluating us against peers. Senior Notes ABL revolver cpi As of Calculation of Net Leverage Ratio: September 30, 2023 ($ in millions) December 31, 2022 $ 267.9 8.0 $ 285.0 5.0 Finance lease obligations 15.0 10.7 Total Debt 290.9 300.7 Less: Cash and cash equivalents (10.5) (11.0) Total Net Debt (a) $ 280.5 $ 289.7 LTM Adjusted EBITDA (b) $ 96.8 $ 97.7 Net Leverage Ratio (a)/(b) 2.9 3.0 18

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