GMS Results Presentation Deck

Leverage Summary ($ mm) Cash and cash equivalents Revolving Credit Facilities First Lien Term Loan (1) (2) Senior Notes (3) Capital Lease Obligations Installment Notes & Other (4) Total Debt Total Net Debt PF Adj. EBITDA (5) Total Debt / PF Adj. EBITDA Net Debt / PF Adj. EBITDA GMS GYPSUM MANAGEMENT & SUPPLY INC (1) (2) GEWNE (3) (4) (5) 7/31/22 10/31/22 1/31/23 LTM LTM LTM $107 $265 500 345 125 5 $1,240 $1,133 $625 2.0x 1.8x $124 $240 499 345 126 3 $187 $240 498 346 132 8 $1,214 $1,223 $1,090 $1,037 $662 $668 1.8x 1.6x 1.8x 1.6x 4/30/23 7/31/23 LTM LTM $164 $110 497 346 137 8 $1,099 $935 $684 1.6x 1.4x $81 $113 493 346 136 13 $1,102 $1,021 $678 1.6x 1.5x Net of unamortized discount of $0.4mm, $0.4mm, $0.3mm, $0.3mm and $2.5mm as of July 31, 2022, October 31, 2022, January 31, 2023, April 30, 2023 and July 31, 2023 respectively. Net of deferred financing costs of $2.9mm, $2.6mm, $2.4mm, $2.1mm and $4.1mm as of July 31, 2022, October 31, 2022, January 31, 2023, April 30, 2023 and July 31, 2023 respectively. Net of deferred financing costs of $4.7mm, $4.5mm, $4.3mm, $4.1mm and $3.9mm as of July 31, 2022, October 31, 2022, January 31, 2023, April 30, 2023 and July 31, 2023 respectively. Net of unamortized discount of $0.3mm, $0.2mm, $0.2mm, $0.1mm and $0.1mm as of July 31, 2022, October 31, 2022, January 31, 2023, April 30, 2023 and July 31, 2023 respectively. For a reconciliation Pro Forma Adjusted EBITDA to net income, the most directly comparable GAAP metric, see Appendix. 19

View entire presentation