Investor Presentation January 2024 slide image

Investor Presentation January 2024

2028 Financial Goal: Leverage Strengths to A Much Higher Outcome Sales CAGR* of 4-5% on organic business – net of ICE decline, planned losses Revenue > $650MM Secure New Business Wins $50m to $70m per Year • • • • . Higher CAGRs expected in strategic growth areas: Medical, Connectors, and Electrical Systems Strategic acquisitions to grow share and drive deeper market penetration, when the time is right - not now Organic growth via aggressive participation in new program opportunities, not share shifts Focused in strategic growth areas (Medical, Connectors, Electrical Systems, Power Train-Independent) Strengthened commercial organization with increased new business win objectives annually Invest growth capex to expand capabilities in key growth areas Free Cash Flow Conversion > 50% of Adjusted EBITDA • Maintain cash flow mass balance discipline under all circumstances Decrease interest expenses through refit to a more favorable structure Utilize domestic NOL assets to lessen cash taxes Increase Adjusted EBITDA Rate to 12-13% Resolve existing unprofitable facilities and businesses Achieve continuous results from contemporary Operational Leadership programs Optimize global footprint to increase competitiveness, profits, ROIC 2023 Preliminary Results Consistent with Prior Outlook NN Inc., Investor Presentation | January 2024 9
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