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Investor Presentaiton

ZAZZ Non-GAAP Disclosure of Energy Adjustments Full Year FY 2020 Energy $(millions) except EPS Revenue Gross Profit Gross Margin SG&A Loss on Disposal Operating Profit Operating Margin MAY 2020 PRESENTATION Q4 FY 2020 Energy As Reported (a) Adjustment As Adjusted $(millions) except EPS As Reported (a) Adjustment As Adjusted 562.8 562.8 Revenue 122.6 122.6 112.2 19.9% 2.0 (1) 114.2 Gross Profit 20.3% Gross Margin 24.0 19.5% 2.0 (1) 26.0 21.2% 79.3 7.2 (1) 72.2 SG&A 25.3 7.2 (1) 18.2 0.0 Loss on Disposal 0.0 32.8 5.8% 42.0 Operating Profit 7.5% Operating Margin (1.4) -1.1% 7.8 6.3% (a) - Reported in conformity with US GAAP - (a) Reported in conformity with US GAAP (1) - $2M and $7.2M are related to the $9.2M impairment of certain assets in our WSI nuclear business (1) - $2M and $7.2M are related to the $9.2M impairment of certain assets in our WSI nuclear business 29
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