Investor Presentation January 2024

Transformation Plan Recently Launched, Showing Immediate Results Global Program to Secure New Growth, Increase Profits, Generate Free Cash Flow, Increase Shareholder Value Status Goal 1. Strengthen Leadership & Accountability • 2. Address Unprofitable Business • ~30% Complete 4. Deliver Consistent Annual Free Cash Flow 2023 Sales, Adjusted EBITDA and Cash Flow results expected to be in-line with prior comments and outlook 3. Expand Margins 5. Increase New Business Wins • • • • • Progress and 2024 Actions Adding significant talent across Commercial and Ops teams - i.e. sales, procurement, and manufacturing Reducing headcount in underperforming areas and adding personnel in areas key to advancement Strengthening operational processes and ERP system backbone Addressing unprofitable business strips while utilizing open capacity to add new business at a faster pace Cost-out and asset management improvements at plant level, with established quarterly/monthly targets Global total cost productivity and procurement optimization program both just beginning More aggressively holding the line on pricing Targeting ≥100bps improvement in Adj EBITDA margin vs. FY'23 Significant improvement in free cash flow in 2023 - and plan to continue momentum in 2024 and beyond Targeting similar levels of free cash flow - driven primarily by base business results, reinvestment rates and high-cost cap structure Delivered record NBW in 2023 and expect similar pace of wins in 2024 FY'24 Sales expected to be flat-ish Y/Y as team addresses some unprofitable business areas Multiple initiatives in development and not yet started Launching first-ever SEO efforts for enhanced lead generation NN Inc., Investor Presentation | January 2024 8

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