DXP Enterprises : Investor Presentation

Presented by:
David Little
Chairman, President & CEO
Nick Little	INVESTOR PRESENTATION
Senior Vice President & COO	NASDAQ: DXPE
Kent Yee	NOVEMBER 2022
Senior Vice President & CFO

SAFE HARBOR AND REGULATION G DISCLOSURES

Forward-Looking Statements:

Statement Regarding use of Non-GAAP Measures:

This presentation contains forward-looking statements within the meaning of the U.S. federal securities laws that involve risks and uncertainties. Certain statements contained in this report are not purely historical, including statements regarding our expectations, beliefs, intentions or strategies regarding the future that are forward- looking. These statements include statements concerning projected revenues, expenses, gross profit, income, gross margins or other financial items.

All forward-looking statements speak only as of the date of this presentation. You should not place undue reliance on these forward- looking statements. Although we believe our plans, intentions and expectations reflected in or suggested by the forward-looking statements we make in this presentation are reasonable, we may be unable to achieve these plans, intentions or expectations. These cautionary statements qualify all forward-looking statements attributable to us or persons acting on our behalf. Risks and uncertainties that could cause actual results to differ from those in the forward-looking statements are described in "Risk Factors" and "Forward-Looking Statements" in our Quarterly Reports on Form 10-Q and in our Annual Report on Form 10-K as filed with the Securities and Exchange Commission.

The Non-GAAP financial measures contained in this presentation (including, without limitation, EBITDA, Adjusted EBITDA, Free Cash Flow, Return on Invested Capital (ROIC) and variations thereof are not measures of financial performance calculated in accordance with GAAP and should not be considered as alternatives to net income (loss) or any other performance measure derived in accordance with GAAP or as alternatives to cash flows from operating activities as a measure of our liquidity. They should be viewed in addition to, and not as a substitute for, analysis of our results reported in accordance with GAAP, or as alternative measures of liquidity. Management believes that certain non-GAAP financial measures provide a view to measures similar to those used in evaluating our compliance with certain financial covenants under our credit facilities and provide financial statement users meaningful comparisons between current and prior year period results. They are also used as a metric to determine certain components of performance-based compensation. The adjustments and Adjusted EBITDA are based on currently available information and certain adjustments that we believe are reasonable and are presented as an aid in understanding our operating results. They are not necessarily indicative of future results of operations that may be obtained by the Company.

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DXP ENTERPRISES, INC.

Leading technical distributor of MROP products and services Keeping the Wheels of Industry in Motion through quality customer service and deep product expertise

15%

9% $1.1B

2021

Total Sales

Service Centers

76%

All data as of Dec. 31, 2021

High-Performance Industry Leader Creating

Unique Value through the Cycle

~ 25K			Disciplined
active customers	Diversified	Strong Cash
	Counter	Generation	Capital
	Deployment
	Cyclical	through
~ 1,689	Delivering
End Markets	Cycles
Strong ROIC

Innovative Pumping Solutions

Supply Chain Services

Top 20	#1
MROP distributor	Largest N.A.
in North America	distributor of pumps
Five (5)	Founded in
major product
divisions supporting	1908
customers

average order size
~ 2,500
	Accelerating		> 60%		> 20%
DXPeople		average FCF
Growth &			average ROIC
companywide		conversion
Diversification			Goal
			(2017 - 2021)
		with M&A			(2017 - 2021)

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Please refer to the appendix of this presentation for current period reconciliation of the Non-GAAP financial measures to the most directly comparable GAAP measures.

COMPELLING INVESTOR VALUE PROPOSITION

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Please refer to the appendix of this presentation for current period reconciliation of the Non-GAAP financial measures to the most directly comparable GAAP measures.

1 UNIQUE MARKET APPROACH ACROSS THREE SEGMENTS

($ millions)

LTM Q3 2022	LTM Q3 2022	LTM Q3 2022
Sales: $938	Sales: $213	Sales: $217
Operating Income: $117	Operating Income: $29	Operating Income: $17
Technical expertise and logistics	Single source for engineering, modular	Manages supply chains including
capabilities to industrial customers; single	process systems, engineered fluid handling	procurement and inventory management;
source of supply on an efficient and	packages, pump manufacturing,	reduces customers' indirect material costs
competitive basis	remanufacturing, custom castings and	and order cycle time
	private label pumps

 Breadth of Technical Products	 Process Engineering and Capital	 End-to-End Total Supply Chain
 Vendor Managed Inventory	Project Management	Solutions
 Manufacturing and Remanufacturing	 Fully Outsourced MRO Service
 Largest Network of National Field
	Offering
and Shop Repair Facilities	 Private Label Pumps

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Source: Company filings as of September 30, 2022.