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Investor Presentation

Q2 FY2024 Highlights Q2 Revenue $ 573M 23% Y/Y Growth Q2 Adj. EBITDA $ 110M 164% Y/Y Growth Record revenue and profits; Significant margin expansion due to strategic supply chain repositioning and continued pricing discipline Record backlog; robust customer wins across multiple continents Launched Next Gen Tech Suite with 3 new innovations that provides enhanced functionality in hail protection, undulating terrain, and fast-changing atmospheric conditions Continued U.S. and global manufacturing supply chain capacity expansion with strategic partners Backlog includes executed contracts or purchase orders with deposits and specific bills of materials for EPCs and Volume Commitment Agreements (VCAs) with customer deposits on portfolios of specific projects. See Appendix for definition of metrics and reconciliations of each non-GAAP financial measure to most directly comparable financial measure stated in accordance with GAAP. nextracker. ©2023 NEXTRACKER 23
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