Investor Presentation

FY2022 Fourth Quarter

March 23, 2022

Investment Thesis

Steelcase Q4, 2022

We believe the office will continue to be very relevant for innovation, culture, and collaboration

An industry leader in a changing workplace environment that we believe provides growth opportunities

Experienced management team has led the company through similar previous cycles

Price-cost headwinds expected to become tailwinds in fiscal 2023

Liquidity position is very strong

2

A Respected Leader

Steelcase Q4, 2022

Strong global market share $2.8 billion revenue in FY2022

$111 million adjusted EBITDA in FY2022

1.0x net debt/adjusted EBITDA (FY2022 year-end)~11,800 employees (FY2022 year-end)

~800 Steelcase dealer locations

Recognized for innovative design, sustainability leadership and civic engagement

  • One of the World's Most Admired Companies by Fortune for sixteen years
  • Eight-timeperfect score recipient of the Human Rights Campaign's Best Places to Work for LGBTQ Equality
  • Named a 2022 Most Responsible Company by Newsweek
  • Recognized by WSJ as a Most Sustainably-Managed Company in 2020
  • Named CDP Supplier Engagement Leader in 2022 amongst the top 8% of companies
  • Multinational Finalist in the Circulars Awards from the World Economic Forum for circular economy leadership
  • Steelcase hybrid solutions received several NeoCon 2021 awards
  • Awarded 2021 Better Practice Award from the U.S. Department of Energy's Better Plants Program

3

Proven Track Record of Managing Through A Cycle

Steelcase Q4, 2022

Adjusted Operating

Revenue (Billion)

Income (Million)

$3.7B

$300

$4.0

$3.4B

$3.0B

$3.5

$250

$2.8B

$3.0

$200

$2.3B

$2.5

$150

$2.0

$100

$1.5

$1.0

$50

$0.5

$0

$-

FY08

FY09

FY10

FY11

FY12

FY13

FY14

FY15

FY16

FY17

FY18

FY19

FY20

FY21

FY22

Adjusted Operating Income ($ Million)

Revenue ($ Billion)

4

Our Global Scale Makes Us A Preferred Partner for Leading Organizations

Steelcase Q4, 2022

STEELCASE Q4 FY22 SEGMENT REVENUE (%)

Other

Categ

ory…

EMEA

22%

Americas

69%

LEADING GLOBAL OFFICE FURNITURE MARKET MANUFACTURERS

REVENUE* ($ IN BILLIONS)

$3.0

$2.5

$2.0

$1.5

$1.0

$0.5 $-

Miller Knoll**

Steelcase

Haworth

HNI***

Kokuyo***

*Most recently published trailing four quarters data and/or internal estimates

** Noting the recent merger of Herman Miller and Knoll completed in July 2021, only workplace furniture segments included (HM retail and KNL residential excluded)

*** Only furniture segments included

5

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Steelcase Inc. published this content on 22 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 22 June 2022 15:44:09 UTC.