Acquisition of ECM Industries

Transaction Summary Key Highlights Financial Details Close Timing ■ ■ ■ ■ ■ * Twelve months ending February 28, 2023 $1.1 billion purchase price, subject to customary adjustments Enterprise value multiple of approximately 10.6x for ECM LTM Adjusted EBITDA* Deal to be funded by cash on hand and new debt Intent to maintain investment grade metrics ECM Industries revenue of $415 million and adjusted EBITDA of $104 million for LTM* Pro-forma net debt-to-adjusted EBITDA ratio of 2.8X; plan to delever quickly with strong free cash flow Expect diluted adjusted EPS accretion in 2023 (ex. purchase accounting and acquisition related costs) Expect GAAP diluted EPS accretion in 2024 Expect revenue and cost synergies Transaction expected to close in the second quarter 2023, subject to customary conditions, including regulatory approval To become part of nVent's Electrical and Fastening Solutions segment Fully committed bridge financing from J.P. Morgan Compelling strategic and financial benefits nvent

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