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Commercial LVT | Biome™ Montaine, Kilimanjaro

Safe Harbor Statement

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Disclosures in this release and in our other public documents and comments contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Those statements provide our future expectations or forecasts and can be identified by our use of words such as "anticipate," "estimate," "expect," "project," "intend," "plan," "believe," "outlook," "target," "predict," "may," "will," "would," "could," "should," "seek," and other words or phrases of similar meaning in connection with any discussion of future operating or financial performance. Forward-looking statements, by their nature, address matters that are uncertain and involve risks because they relate to events and depend on circumstances that may or may not occur in the future. As a result, our actual results may differ materially from our expected results and from those expressed in our forward-looking statements. A more detailed discussion of the risks and uncertainties that could cause our actual results to differ materially from those projected, anticipated or implied is included our reports filed with the U.S. Securities and Exchange Commission. Forward-looking statements speak only as of the date they are made. We undertake no obligation to update any forward-looking statements beyond what is required under applicable securities law. The information in this presentation is only effective as of the Company's Second Quarter Earnings call on July 21, 2021 and is subject to change. Any distribution of this presentation on or after August 11, 2021, is not intended and will not be construed as updating or confirming such information.

Armstrong Flooring, Inc. competes globally in many diverse markets. References to "market" or "share" data are simply estimations based on a combination of internal and external sources and assumptions. They are intended only to assist discussion of the relative performance of product segments and categories for marketing and related purposes. No conclusion has been reached or should be reached regarding a "product market," a "geographic market" or "market share," as such terms may be used or defined for any economic, legal or other purpose.

In addition, we will be referring to "non-GAAP financial measures" within the meaning of SEC Regulation G. Management uses non-GAAP measures, including Adjusted EBITDA and Free Cash Flow, in managing the business and believes the adjustments provide meaningful comparisons of operating performance between periods. We remove the impact of certain discrete expenses and income. The non-cash expense impact of the U.S. pension and depreciation and amortization is also excluded.

A reconciliation of the differences between these measures with the most directly comparable financial measures

calculated in accordance with GAAP can be found in the appendix section of this presentation.

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Company Overview

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  • Leading global innovator of resilient flooring products
  • Net Sales of $585 million in 2020
  • 85% of business is in North America; Rest of World sales primarily in China and Australia
  • Global workforce with +1,700 employees in 7 countries
  • Focused on resilient flooring - fastest growing flooring category

2020 SALES

31%

ROW

15%

LVT

Residential

40%

North

Commercial

2020 SALES

America 85%

60%

75%

Renovation

Geographic Mix

End Market Mix

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Source: Product and end-market mix is based on management estimates

Residential Sheet | Continuity™ HD

Hex Stone Rocky Cliff

Company Footprint

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Manufacturing & Distribution Footprint

• U.S.: 6 facilities

• China: 1, Com Sheet Vinyl

• Australia:1, Com Sheet Vinyl

Los Angeles, CA

Distribution Facility

Kankakee, IL

Product: VCT and

Tile Plant

Beech Creek, PA

Product: Printed Film Plant

Lancaster, PA

Products: LVT & Res Sheet Plant

Stillwater, OK

Jackson, MS

Products: LVT & Res Sheet Plant

Product: VCT Plant

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Armstrong Flooring Awards

Platinum ADEX Awards for:

Parallel® USA LVT

Unbound™ LVT

Best of 2020:

MedinPure™ PVC-Free Sheet

Empower™ Rigid Core

  • MedinPure™ PVC-Free Sheet

KBB Readers' Choice Award winner for

Voted Brand Leader in BUILDER Magazine's

Kitchen & Bath Flooring

Brand Use Study

Floor Covering News recognizing the most notable under 40 leaders in the flooring industry: Julie Eno, Meredith Hafer, Christina Sewell

Most Specified LVT Product in 2020 with

Natural Creations® with Diamond 10

Technology™ Mystix

CEU "Health, Wellness, and

Environment + Energy Leader

Project Award for Stillwater Plant

Designing for Senior Living"

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Armstrong Flooring Inc. published this content on 11 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 August 2021 11:05:11 UTC.