Thermon Corporate Presentation slide image

Thermon Corporate Presentation

Compelling Investment Opportunity Leading Global Brand in high value, diversified end markets with mission critical technology and high barriers to entry Leading safety culture and results Polymers technology Advanced controls and network monitoring software Large Installed Base with loyal customers and a resilient aftermarket franchise High margin, recurring maintenance revenues Global installed base with blue-chip customers Exposure to Sizeable Opportunity in high-growth energy transition and decarbonization end markets via the electrification of industrial heat 25% of global energy demand is used for industrial heat Massive electrification opportunity with existing technology Strong & Flexible Balance Sheet with high margin, low capital investment model that yields significant free cash flow 45% historical gross margins Investing in people and technology <1.0x leverage enables flexible capital allocation priorities THERMON August 2023 | 17
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