Azek Investor Presentation Deck
A UNIQUE, LONG-TERM GROWTH STORY
WELL-POSITIONED FOR SUSTAINABLE GROWTH & MARGIN EXPANSION
GROWING MARKETS
BENEFITTING FROM
MATERIAL CONVERSION
THE INNOVATION LEADER IN
OUTDOOR LIVING &
EXTERIORS
A PORTFOLIO APPROACH TO
GROWTH & MARGIN
EXPANSION
SUSTAINABILITY IS CORE TO
OUR BUSINESS
THE
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COMPANY
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Combined ~$20B market for Outdoor Living, Exteriors and Adjacencies¹
Resilient Outdoor Living, R&R demand; strong housing fundamentals
Proprietary consumer market research study shows nearly half of consumers in the market
for wood decking would consider our types of high-performance, low maintenance materials
Superior product aesthetics, inspired by nature and enabled by advanced technology
#1 or #2 position in Decking and Exteriors
Broad product portfolio - only significant player in both Outdoor Living and Exteriors
Early innings of recycling opportunity across multiple raw material inputs
Vertically integrated U.S. manufacturing network and culture of continuous
improvement
Products across our portfolio are made from up to 100% recycled material
Differentiated material science in two distinct recycle technologies - PVC and PE
Our goal: 1B pounds of recycled material used annually by the end of 2026
14%
10-year Net Sales CAGR
Residential business²
8 - 10%
Long-term Sales
Growth Target
~Double digit growth
in our Residential Segment
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¹ Total U.S. market sales of wood and wood-look siding, pavers, outdoor furniture and outdoor lighting were approximately $11 billion in 2018 according to Freedonia, and, when combined with the total U.S. market sales of deck, rail and trim
according to Principia in 2020, represent an approximately $20 billion market. Ten Year Net Sales compound annual growth rate, or CAGR, refers to the CAGR for the ten years ended September 30, 2020, on a trailing twelve-month basis. Our
growth over this period reflects the contribution to net sales of acquisitions, including the acquisitions of VAST Enterprises and TimberTech in fiscal year 2012 and Ultralox and Versatex in fiscal year 2018.
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10 -14%
Long-term Adjusted EBITDA
Growth TargetView entire presentation