Statements in this presentation that are not historical are considered "forward-looking statements" and are subject to change based on various factors and uncertainties that may cause actual results to differ significantly from expectations. Those factors are contained in Enerpac Tool Group's Securities and Exchange Commission filings.
All estimates of future performance are as of September 29, 2021. Enerpac Tool Group's inclusion of these estimates or targets in the presentation is not an update, confirmation, affirmation or disavowal of the estimates or targets.
In this presentation certain non-GAAP financial measures may be used. Please see the supplemental financial schedules accompanying the Q4 Fiscal 2021 earnings press release for a reconciliation to the appropriate GAAP measure.
2
Paul Sternlieb, President & CEO - Bio
Joins Enerpac Tool Group from John Bean Technologies (JBT) where he held the role of Executive Vice President & President, Protein
Has held various roles at other leading organizations including the following:
Illinois Tool Works, Group President, Global Cooking Equipment
Danaher, Vice President & General Manager, Danaher Specialty Products
H.J. Heinz, Marketing Director and Director, Strategic Initiatives - Europe
McKinsey & Company
Graduate of the Jerome Fisher Program in Management & Technology (dual- degree program) at the University of Pennsylvania. Also holds an MBA from the Wharton School, with dual majors in Strategic Management and Finance
Deep, relevant, global experience:
Has lived and worked in US, Netherlands, and UK
Experience in several highly-engineered industrial product segments
Experience in many routes to market - channel/distribution/dealers and direct
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Why Enerpac Tool Group?
Great products, services, and team
Strong market position, global breadth and depth
Heavy lifting of portfolio work is done, and Enerpac is now a pure-play industrial tools and services company
Many business processes improved (NPD, marketing, digital, operations)
Successfully navigated through the pandemic
Strong balance sheet
Poised for profitable growth
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Initial Observations and Key Objectives
Focus and Discipline
Continue and accelerate our pure-play industrial tools strategy
Capture organic opportunities for improvements in base business (both growth and margin)
Look selectively at inorganic opportunities to complement our product and service portfolio, while maintaining appropriate discipline and commitment to strong returns
Maintain a balanced capital allocation framework, always through the lens of the shareholder
Culture and Execution
▪ Focus on frequent, open, and transparent communication within the organization
Leverage existing operational metrics with consistent approach and framework
Build deeper connection to end-user to drive innovation and create value
Continue performance management journey, maintaining alignment with shareholders
Cost Structure
Pursue additional opportunities for overhead cost reduction and operational efficiencies
Drive further simplification with an 80/20 lens
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Enerpac Tool Group Corporation published this content on 09 November 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 November 2021 13:33:08 UTC.
Enerpac Tool Group Corp. is an industrial tools, services, technology and solutions provider. The Company operates through Industrial Tools & Service (IT&S) segment. IT&S is a global supplier of both products and services to an array of end markets, including infrastructure, industrial maintenance, repair and operations, oil and gas, mining, alternative and renewable energy, and civil construction markets. Its primary products include branded tools, cylinders, pumps, hydraulic torque wrenches and highly engineered heavy lifting technology solutions. Its products include high-force hydraulic and mechanical tools (cylinders, pumps, valves, bolt tensioners, specialty tools and other miscellaneous products), which are designed to allow users to apply controlled force and motion. These tools operate at a pressure of approximately 5,000 to 12,000 pounds per square inch. Its branded tools and services are primarily marketed through the Enerpac, Hydratight, Larzep and Simplex brand names.
ENERPAC TOOL GROUP CORP. 
