Investor Presentation December 2020 slide image

Investor Presentation December 2020

2. EXPAND MARGINS FOOTPRINT MODERNIZATION AND RATIONALIZATION ☐ OBJECTIVES Leverage acquired assets and JEM tools to reduce global facility footprint and increase efficiency ■ Reduce complexity ■ Increase capacity Improve service and customer satisfaction ■ Reduce costs ■ Improve profitability STATUS UPDATE Additional footprint rationalization and modernization projects have been approved; includes multi-site rooftop consolidation ■ Good visibility to delivering ~$100M run-rate annual savings RATIONALIZATION PLAN (square feet in millions) 3.2 3.2 1.0 2.2 Future Planned Actions 2020+ 1.1 2019 Actions in Progress Feb '19 Future Planned Actions 2020+ 1.4 Actions in Progress Projects Completed CONTINUED MOMENTUM IN FOOTPRINT RATIONALIZATION PLAN Oct '20 21 "Core revenue" and "core adjusted EBITDA" exclude the impact of FX and acquisitions completed in the last 12 months. "Core margin" is defined as core adjusted EBITDA divided by core revenue. JW JELD-WEN
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