Engineering a Cleaner, Healthier World - Financial Overview

ă HVAC & Refrigeration Markets MODINE Engineering a Cleaner, Healthier World Drive growth supported by competitive advantage, develop next generation products, supplement with M&A Effinity Heating Indoor Air Quality Refrigeration Products Commercial & Residential Unit Heaters Brands MODINE Engineering a Cleaner, Healthier World CO2 Unit Coolers Air-Cooled Condensers School Unit Ventilators ECO TM heat transfer coolers MODINE Airedale by MODINE Dry Coolers Coiltech® industrial heat transfer MODINE Market Opportunities Enhanced focus on energy efficiency, food safety & quality in the cold chain. Government commitments to phase out HFCS in air conditioning and refrigeration by 2036 Government funding for school infrastructure improvements in North America to provide safe indoor environments - FY23 revenue - $60 million, targeting 5-year CAGR of 15-25% Competitive Advantage High-efficiency coolers employ CO2 and other natural refrigerants School unit ventilators provide superior indoor air quality for students, creating healthier, quieter, and more energy-efficient classrooms Market leader in niche heating end markets 16

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