DIGITAL MANUFACTURING. REIMAGINED. slide image

DIGITAL MANUFACTURING. REIMAGINED.

Q1 Financial Performance1 On track with 2021E projections Strong revenue growth and profitability against comparable universe Adj. EBITDA² ($mm) Revenue ($mm) % YoY growth 12.3% +4.2 I I 38.7 34.4 Q1'20 Q1'21 FATHOM Scaled Advanced Manufacturing / Industry Disruptors COGNEX 3D SYSTEMS Adj. 26.9% 25.5% PROTOLABS EBITDA margin +0.6 I 9.2 9.8 Q1'20 Q1'21 materialise stratasys ROPER Early Stage / Recent de-SPACS BG D Desktop Metal Bright Markforged VELO 3D Revenue Growth³ Q1'20 Q1'21 EBITDA Margin³ Q1'21 12.3% 25.5% 1.7% 11.0% N/M N/M Machines. 然 Source: Company filings, management projections, Factset as of 7/14/2021; Berkshire Grey data from SPAC announcement presentation as of 02/21, Mark Forged data from SPAC announcement presentation as of 2/24/21, Velo3D data from SPAC announcement presentation as of 3/23/21, Bright Machines data from SPAC announcement presentation as of 05/21 1 Fathom information reflects various adjustments to give pro forma effect to acquisitions completed in 2020 and 2021 as if such transactions occurred on January 1, 2020; 2 Adjusted EBITDA is a non-GAAP measure. Adjustments to EBITDA include transaction and integration costs, non-recurring and non-cash items, compensation normalization and other accounting adjustments. See Appendix for a calculation of Adjusted EBITDA; 3 Figures shown represent group median FATHOM Fathom Proprietary and Confidential 39
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