Sidoti Deck

$15 Cash Flow & Working Capital ■ Free cash flow (FCF) of $17M for trailing 12-month period ■ Will be FCF positive for the full-year while maintaining historical capital investment rate ■ Remain focused on consistent cash flow moving forward ■ Four consecutive quarters of improved working capital turns Free Cash Flow Trend (millions) Working Capital Trend (millions) $10 $6.4 $5 $3.0 $- $11.3 $122.6 $111.8 5.3 $108.9 $105.3 $94.8 4.8 4.5 4.3 4.2 $(5) $(4.4) $(3.7) Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 Q3'22 Q4'22 Q1'23 Q2'23 Q3'23 I Working Capital Working Capital Turns NN NN Inc., Sidoti Deck | November 2023 Working Capital = Accounts Receivable, Inventory, and Accounts Payable Working Capital Turns = Current Quarter Sales Annualized / Working Capital 17

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