Investor Presentation December 2020

15 5. SUCCESSFUL M&A RECORD Disciplined Criteria Enhance product portfolio - Fill gaps in product lines Acquire new technologies Market consolidation - Improve market positions Solidify fragmented markets Enter new markets/geographies - - Complementary geographies Create value-added services Track Record of M&A Delivering Strategic and Financial Targets Acquisitions since company founding Acquisitions since 2014 IRR target > 50 14 20%+ Avg. ROIC realized > WACC Integration playbook Proven JW JELD-WEN

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