GMS Results Presentation Deck

Income Before Taxes to Adjusted Net Income ($ in 000s) (Unaudited) Income before taxes EBITDA adjustments Write-off of debt discount and deferred financing fees Purchase accounting depreciation and amortization (A) Adjusted pre-tax income Adjusted income tax expense Adjusted net income Effective tax rate (B) Weighted average shares outstanding: Basic Diluted Adjusted net income per share: Basic Diluted Reconciliation GMS GYPSUM MANAGEMENT & SUPPLY INC $ $ 113,564 $ 121,500 6,469 7,875 1,401 10,915 133,755 34,108 99,647 25.5% $ is in 1Q24 $ 1Q23 40,749 41,477 13,278 141,247 36,018 $ 105,229 25.5% 42,549 43,317 2.45 $ 2.47 2.40 $ 2.43 Commentary A. Depreciation and amortization from the increase in value of certain long-term assets associated with the April 1, 2014 acquisition of the predecessor company and amortization of intangible assets from the acquisitions of Titan, Westside Building Materials, and AMES Taping Tools B. Normalized cash tax rate determined based on our estimated taxes excluding the impact of purchase accounting and certain other deferred tax amounts 17

View entire presentation