TITAN Q3 Earnings Presentation slide image

TITAN Q3 Earnings Presentation

Agriculture Segment Ag Segment Facts ■ Wheels, tires, and undercarriage components for use on a variety of agricultural equipment Wide range of wheel and tire sizes including the largest agricultural wheel in North American and the largest agricultural tire in the world Market leading products, innovation expertise, and global manufacturing footprint drive Titan's competitive advantage Key Segment Drivers ■ " Large Ag retail demand continues at strong levels supported by replacement needs for aging equipment fleet U.S. Farmer sentiment is strong, with net farm income well above historical levels, supported by strong crop prices In Europe, pent up demand levels provide support in 2023 and beyond LatAm market remains strong with significant runway for continued growth due to low inventory levels and positive trends for global Ag economy TITAN Tires and wheels produced in North America, Europe and CIS and distributed globally SINCE 1898 GOOD YEAR FARM TIRES MADE BY TITAN Tires produced in North America and Latin America and distributed globally Im Undercarriage parts produced in Europe, Latin America, North America, and Asia and distributed globally Revenue ($M) & Gross Margin (%) Revenue -Gross Margin $949 $652 $635 $1,192 $1,063 16% 16% 14% 11% 9% 2019 2020 2021 2022 TTM TITAN 15
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