TITAN Q3 Earnings Presentation slide image

TITAN Q3 Earnings Presentation

☐ Strategic Actions Have Elevated The Baseline 2019 AEBITDA: $38M, 3% 2018 AEBITDA: $119M, 7% Pre-2019 Underperforming assets, inefficient supply chain ▪ Lack of optimization & operational inefficiencies Highly-levered balance sheet Multi-Year Strategic Transformation 1 Focus on Core Sold underperforming assets Increased plant utilization Focus on market niches/customers 2 Operational Excellence Supply chain strengthening Quality improvements 80/20 optimization Operational Excellence Focus on Core 3 Product Innovation New products Increased market penetration 2022 AEBITDA: $253M, 12% 2021 AEBITDA: $135M, 8% Product Development & Optimization AEBITDA New Titan Foundation ✓ Optimized Product Portfolio Strong Customer Relationships ✓ Nimble Operations ✓ Stronger Financial Foundation Significant Free Cash Flow Generation ✓ Fortified Balance Sheet ~$50M ~$25M ~$15M AEBITDA AEBITDA TITAN 5
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