Investor Presentation

FY2024 Guidance Revenue $2.1-$2.3B 16% Y/Y Growth at Midpoint Adj. EBITDA 1,3 $265-$305M 36% Y/Y Growth at Midpoint Adj. EPS 2,3 $1.35-$1.55 GAAP $1.20 - $1.40 • Assumptions: Interest and Other Expense $15M -$20M Adjusted Income Tax Rate 15% - 20% WASO of 146.5M Excludes possible benefits related to IRA tracker manufacturing tax credits Q1 Fiscal 2024 Outlook Highlights: Revenue up 15% -20% Y/Y Adj EBITDA margin 12% - 13%, up 400 - 500 bps Y/Y 1. Adjusted EBITDA excludes approximately $20 million for stock-based compensation, and intangible amortization included in GAAP net income. 2. Adjusted earnings per share excludes $0.15 for stock-based compensation expense and net intangible amortization included in GAAP earnings per share. 3. See Appendix for definition of metrics and reconciliations of each non-GAAP financial measure to the most directly comparable financial measure stated in accordance with GAAP. nextracker. ©2023 NEXTRACKER | Proprietary 26

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