Third Quarter Fiscal 2023
Forward Looking Statement
This presentation contains statements, including information about future financial performance and market conditions, accompanied
by phrases such as "believes," "estimates," "expects," "plans," "anticipates," "intends," "projects," and other similar "forward-looking"
statements, as defined in the Private Securities Litigation Reform Act of 1995. Modine's actual results, performance or achievements
may differ materially from those expressed or implied in these statements because of certain risks and uncertainties, including, but not
limited to those described under "Risk Factors" in Item 1A of Part I of the Company's Annual Report on Form 10-K for the year ended
March 31, 2022 and under Forward-Looking Statements in Item 7 of Part II of that same report and in the Company's Quarterly Report
on Form 10-Q for the quarters ended June 30, 2022 and September 30, 2022. Other risks and uncertainties include, but are not limited
to, the following: the impact of potential adverse developments or disruptions in the global economy and financial markets, including
impacts related to inflation, rising energy costs, along with supply chain challenges or supplier constraints, tariffs, sanctions and other
trade issues or cross-border trade restrictions; the impact of other economic, social and political conditions, changes and challenges in
the markets where we operate and compete, including foreign currency exchange rate fluctuations, increases in interest rates or
tightening of the credit markets, recession, restrictions associated with importing and exporting and foreign ownership, public health
crises, and the general uncertainties about the impact of regulatory and/or policy changes, including those related to tax and trade, the
COVID-19 pandemic, the military conflict in Ukraine and other matters, that have been or may be implemented in the U.S. or abroad;
the impact of the COVID-19 pandemic on the national and global economy, our business, suppliers, customers, and employees; the
overall health and pricing focus of our customers; our ability to successfully execute our strategic and operational plans, including
applying 80/20 principles to our business; our ability to effectively and efficiently modify our cost structure in response to sales volume
increases or decreases and complete restructuring activities and realize benefits thereon; our ability to fund our global liquidity
requirements efficiently and comply with the financial covenants in our credit agreements; operational inefficiencies as a result of
program launches, unexpected volume increases or decreases, and product transfers; the impact on Modine of any significant increases
in commodity prices, particularly aluminum, copper, steel and stainless steel (nickel) and other purchased components and related
costs, and our ability to adjust product pricing in response to any such increases; the nature of and Modine's significant exposure to the
vehicular industry and the dependence of this industry on the health of the economy; our ability to recruit and maintain talent in
managerial, leadership, operational and administrative functions and to mitigate increased labor costs; our ability to protect our
proprietary information and intellectual property from theft or attack; the impact of any substantial disruption or material breach of our
information technology systems; costs and other effects of environmental investigation, remediation or litigation; and other risks and
uncertainties identified in our public filings with the U.S. Securities and Exchange Commission. Forward-looking statements are as of the
date of this presentation, and we do not assume any obligation to update any forward-looking statements.
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MODINE
Engineering a Cleaner, Healthier WorldView entire presentation