Investor Presentation 2022

INDUSTRIAL WRAP UP INVESTOR PRESENTATION 2022 78 INCREASED DEMAND FOR ENERGY AND POWER GENERATION Demand for all energy sources increasing Content growth from dual fuel systems Efficiency improvement are essential Growth of alternative fuels Energy transition requiring more sophisticated and complex controls ~8-9% ANTICIPATED SALES GROWTH CAGR 2022-2026 MARGIN IMPROVEMENT FROM 187.12 W ◉ Volume leverage Aftermarket recovery O WOODWARD, INC. | PROPRIETARY WOODWARD

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