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Investor Presentaiton

NON-IFRS FINANCIAL MEASURES The information included in this presentation contains certain financial measures that are not prescribed by International Financial Reporting Standards ("IFRS") and are not likely to be comparable to similar measures presented by other issuers. . . • EBITDA expense. - Earnings before financial expenses, income tax expense and amortization Adjusted EBITDA - EBITDA as defined above excluding non-recurring items. Adjusted Operating income - Operating income excluding non-recurring items. Adjusted net income - Net income excluding non-recurring items net of taxes. Adjusted earnings per share - Diluted earnings per share calculated on the basis of adjusted net income. Free cash flow - Cash flows related to operating activities, less additions to property, plant and equipment and net increase in finite-life intangible assets. Refer to the Corporation's MD&A for further details HÉROUX-DEVTEK INC. | INVESTOR PRESENTATION
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