Investor Presentaiton

ZAZZ Full Year FY20 Segment Results - Energy In millions $ except percentages Revenue MAY 2020 PRESENTATION Key Statistics FY19 Revenue $486.8 +15.6% Operating Income Operating Margin +4.8% Reported / +34.1 Adjusted -60 bps Reported / +110 bps Adjusted $562.8 $486.8 $42.0 $32.8 $31.3 7.5% 6.4% 5.8% FY19 Book to Ship 1.07 to 1 FY20 Revenue $562.8 FY20 Book to Ship 0.92 to 1 FY2019 FY2020 ■FY2019 ■FY2020 FY2020 Adj. FY2019 FY2020 FY2020 Adj. Segment Summary: Strong refinery turnaround business in FY2020 Recognized revenue and shipped Chinese orders; backlog down from prior year due to large China shipments Improved Electrical operational execution and customer service Adjusted Operating Margin of 7.5% in FY2020, versus 6.4% in prior year $9.2 million impairment of nuclear assets at WSI 16

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