JELD WEN : Investor Day Presentation

JELD-WEN

Inaugural

Investor Day

May 18, 2021

Forward-Looking Statements

This presentation contains certain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements regarding our business strategies and ability to execute on our plans, market potential and growth opportunities, future financial performance, shareholder value, customer demand, the potential of our categories, brands and innovations, the impact of our footprint rationalization and modernization program, our pipeline of productivity projects, our targets and outlook for future periods, and our expectations, beliefs, plans, objectives, prospects, assumptions, or other future events. Forward-looking statements are generally identified by our use of forward-looking terminology such as "anticipate", "believe", "continue", "could", "estimate", "expect", "intend", "may", "might", "plan", "potential", "predict", "seek", or "should", or the negative thereof or other variations thereon or comparable terminology. Where, in any forward-looking statement, we express an expectation or belief as to future results or events, such expectation or belief is based on the current plans, expectations, assumptions, estimates, and projections of our management. Although we believe that these statements are based on reasonable expectations, assumptions, estimates and projections, they are only predictions and involve known and unknown risks, many of which are beyond our control that could cause actual outcomes and results to be materially different from those indicated in such statements. Risks and uncertainties that could cause actual results to differ materially from such statements include risks associated with the impact of the COVID-19 pandemic on the company and our employees, customers and suppliers, and other factors, including the factors discussed in our Annual Reports on Form 10-K and our other filings filed with the Securities and Exchange Commission. The forward-looking statements included in this presentation are made as of the date hereof, and except as required by law, we undertake no obligation to update, amend or clarify any forward-looking statements to reflect events, new information or circumstances occurring after the date of this presentation.

Non-GAAP Disclosure

This presentation presents certain "non-GAAP" financial measures. The components of these non-GAAP measures are computed by using amounts that are determined in accordance with accounting principles generally accepted in the United States of America ("GAAP"). A reconciliation of non-GAAP financial measures used in this presentation to their nearest comparable GAAP financial measures is included at the end of this presentation.

2 © 2021 JELD-WEN | Investor Day

A Compelling Investment Opportunity

Gary S. Michel | President and CEO

Video: JELD-WEN Excellence Model (JEM)

A Sustainable Competitive Advantage - JEM

Gregg Miner | SVP Global JEM

Multi-faceted Growth Opportunities in North America

Daniel Castillo | EVP and President, North America

Video: Improving Cycle Time and Productivity Through JEM Q&A Session

JELD-WEN Accelerated Growth (JAG)

Shawn Laskoski | SVP Corporate Strategy and Business Development

Multi-faceted Growth Opportunities in Europe

David Guernsey | EVP and President, Europe

Our ESG Ambition

Roya Behnia | EVP, General Counsel and CCO

Delivering Exceptional Shareholder Returns

John Linker | EVP and CFO

Video: Accelerating Growth Through JEM

Q&A Session

3 © 2021 JELD-WEN | Investor Day

1. Compelling Investment Opportunity

Gary S. Michel

President and CEO

4

A Compelling Investment Opportunity

	Proven	WORLD-CLASS
Multi-faceted	STRATEGY
FRANCHISE
GROWTH	and BUSINESS
with BREADTH
STRATEGY	OPERATING
	SYSTEM	and SCALE

5 © 2021 JELD-WEN | Investor Day