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Thermon Corporate Presentation

Thermon Heat Tracing Case Studies THERMON Over-Time Revenue: Power Plant Total feet of heat tracing: 61,211 Total feet of tubing bundles: 18,750 Total number of control panels: 18 Total heat tracing expenditure: $2.9MM August 2023|26 Point-in-Time Revenue: Fertilizer Plant Original contract value of $4.5MM in 2015 Recurring revenue generated by small plant upgrades and maintenance Annual revenue has averaged approximately $0.4MM, or ~8% of original contract value

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