Azek IPO Presentation Deck
AZEK at a Glance
LEADER IN BRANDED OUTDOOR LIVING PRODUCTS
-1,500 employees
ā 190 direct sellers
AZEK BY THE NUMBERS
-98% of sales in North America
4,200+ active pro dealers (1)
(AZEK Building Products)
$848mm / 15.8%
LTM 3/31 Net Sales/ Yor% Growth
Q2 2020 net sales increased 11.7%
YoY
April and May 2020 net sales
declined modestly (5%) YoY despite
macroeconomic headwinds
$195mm / 23.0%
LTM 3/31 A. EBITDA / % Margin
Source: Company information and management emate
Nate: FY ended September. Refer to Appendix for reconciliation for Aduated ETDA
BROAD & COMPLEMENTARY PORTFOLIO, RESILIENT MARKETS
(2019 Net Sales)
Commercial
17%
Exteriors
25%
(Sin milions)
1. includes desiers with at least $2,000 of parchases within lnst 12 months and excludes Versatex dealers
2. Based on the midpoint of the range provided for the preliminary results of the two months ended May 32.
Net Sales
Product
5633
5682
Decking, Rail &
Accessories
58%
Adjusted EBITDA
CAGR
5794 $848
16.3% 15.8%
Commercial
17%
STRONG MOMENTUM & IMPROVING PROFITABILITY
2017 2018 2019 LTM 3/31
Residential
New Construction
11%
THE
AZEK
COMPANY
$131
20.7%
Application
YOY Sales Growth/Adjusted EBITDA Margin
+220 bps margin improvement
Residential
R&R
77%
A leading branded Outdoor Living building products company across diversified product categories
$195
5180
$150
22.0%
22.6% 23.0%
2017 2018 2019 LTM 3/31
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