2021
Investor
Update
A U G U S T 2 0 2 1 - K E Y B A N C R O A D S H O W
Forward Looking
Statement & Disclosures
Forward Looking Statement: With the exception of the historical information contained in this presentation, the matters described herein contain forward-looking statements that are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements involve a number of risks and uncertainties that may cause actual results to be materially different from such forward-looking statements. Such factors include, among others, general economic conditions and economic conditions in the industrial sector, competitive influences, risks that current customers will commence or increase captive production, delayed customer product launches, risks of capacity underutilization, quality issues, availability of raw materials, pending and completed transactions and other risks associated with international trade, the Company's dependence on certain major customers, the impacts of the coronavirus (COVID-19) pandemic on the Company's financial condition, business operations and liquidity, foreign currency volatility, unstable economic growth, fluctuations in unemployment rates, retention of key employees, outcomes of legal proceedings, claims and investigations and other risk factors and cautionary statements listed from time to time in the Company's periodic reports filed with the Securities and Exchange Commission, including, but not limited to, the Company's Annual Report on Form 10-K for the fiscal year ended December 31, 2020, and the Company's Quarterly Report on Form 10-Q for the three months ended June 30, 2021.
With respect to any non-GAAP financial measures included in the following presentation, the accompanying information required by SEC Regulation G can be found at the back of this presentation or in the "Investor Relations" section of the Company's web site, www.nninc.com, under the heading "News & Events" and subheading "Presentations."
Disclaimer: NN disclaims any obligation to update any such factors or to publicly announce the result of any revisions to any of the forward-looking statements included herein or therein to reflect future events or developments.
NN INC. INVESTOR UPDATE | AUGUST 2021 | 2 |
Key Management
NN INC. INVESTOR UPDATE | AUGUST 2021
Warren Veltman
President and Chief Executive Officer
- Appointed as President and CEO in September 2019
- Previously served as EVP of the Mobile Solutions Group after NN's acquisition of Autocam in 2014
- Served as CFO and Treasurer of Autocam Corporation and Autocam Medical from 1991 until 2014
- Prior to Autocam, worked as an audit manager with Deloitte & Touche
- Received BBA from University of Michigan; Certified Public Accountant
Mike Felcher
Senior Vice President and Chief Financial Officer
- Appointed CFO on July 1st, 2021; Joined NN in 2018 as Vice President and CAO
- Prior to NN, he served as Vice President, North America Chief Financial Officer for JELD-WEN, Inc.
- Held a variety of finance leadership roles with United Technologies Corp. / Goodrich
- Began career at PricewaterhouseCoopers in Boston
- Received MBA from Wake Forest University; Certified Public Accountant
3
Today's
Agenda
1
2
3
Business Overview
Transformational Growth
2025 Outlook
NN INC. INVESTOR UPDATE | AUGUST 2021 | 4 |
Why Invest in NN, Inc.?
Mobile Solutions and | Culture, manufacturing | Strong organizational | New management team |
Power Solutions | processes, and | foundation and recent | and Board, comprised of |
segments positioned to | engineering expertise | refinancing create a | industry and financial |
take advantage of | along with strong | platform for long- | experts, aligned on |
megatrends | customer relationships | term growth and | creating sustainable |
surrounding the | and global platform | opportunistic tuck-in | shareholder value and |
transition to electric | allows us to exploit end | acquisitions | commitment to |
vehicles and power grid | market growth | environmental, social, | |
modernization | and governance | ||
initiatives |
Strategic path to attaining 2025 objectives of $600 million in sales and 16-18%adjusted
EBITDA margins organically to drive capital appreciation for our shareholders
NN INC. INVESTOR UPDATE | AUGUST 2021 | 5 |
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NN Inc. published this content on 30 August 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2021 12:11:06 UTC.