Azek IPO Presentation Deck
AZEK's Strategic Investments: 2017-2020
Significant multi-year investments driving sustained, long-term growth and profitability
Accelerated Investments
in Growth
Strategic Margin
Enhancement Plan
-$60 million incremental
capital investment over
last 2 years
✓ Invested in downstream sales team and expanded marketing and retail teams
Invested in Exteriors business
✓ Invested in new product capabilities and launched several successful new products
✓
THE AZEK
COMPANY
Invested in the TimberTech brand, downstream channels (Pro and Retail locations),
consumer experience and digital capabilities
Completed strategic acquisitions of Ultralox, Versatex and Return Polymers
Invested in process-based team focused on continuous improvement
Mapped out recycling vertical-integration strategy with significant cost savings
Invested in upgraded manufacturing equipment to utilize recycled content and built
in-house recycling capabilities
>$40 million increase in
annual SG&A
investment since 2017
Added ~40 engineers
and R&D team
members since 2016
Added ~90 direct
sellers since early 2016
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