Sidoti Deck

Q3'23 Business Highlights First full quarter under new leadership showed immediate and significant improvement in results $14.5 million adjusted EBITDA and $11.3 million of free cash flow Began strengthening leadership and accountability with additions of Tim French, Chief Operating Officer and David Harrison, Chief Procurement Officer, both experienced with strong transformations Strong operating profitability and cash flow improvement supported by improved EBITDA performance, proactive global procurement, and more thoughtful inventory management Launched longer-term value improvement initiatives - Refocusing growth program globally -> targets and probability $124.4M Net Sales • Power Solutions (11%) • Mobile Solutions +3.7% • $14.5M Adjusted EBITDA Reported EBITDA $12M Loss from Ops ($2.7M) - Implementing Total Cost Productivity program globally Reentering medical market globally Results still include >$100 million of sales that generate more than ($10) million of plant-level EBITDA losses across 7 plants, 3 countries, and multiple products and customers. 83% of issues are in Mobile plants. Significant improvement actions underway. UAW strike is a short-term distractor that may cause a small amount of work to shift into Q1 2024; taking proactive actions to mitigate and reduce impact $11.3M Free Cash Flow (FCF) • $17M FCF over trailing 12 months • On-track for full year FCF expectation . $37M YTD New Awards Focused on increasing both quality and quantity of prospecting NN NN Inc., Sidoti Deck | November 2023 *All comparisons versus Q3'22 10

View entire presentation