D BROADWIND. I WW Third Quarter 2021 Results Conference Call Investor Presentation SAFE-HARBOR STATEMENT This release contains "forward looking statements"—that is, statements related to future, not past, events—as defined in Section 21E of the Securities Exchange Act of 1934, as amended, that reflect our current expectations regarding our future growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities, as well as assumptions made by, and information ...

Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.001 par value BWEN The NASDAQ Capital Market Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Co ...

Financial Data and Key Metrics Changes - The company reported third quarter revenue of $40 million, a decline of 26% compared to the prior year, primarily due to a decrease in wind tower sections sold [8][12] - Adjusted EBITDA for Q3 was $0.4 million, a decrease of 0.9% year-over-year, reflecting lower overall volume and plant underutilization [12] - Operating expenses decreased by over $100,000 year-over-year, mainly due to reduced incentive compensation [12] Business Line Data and Key Metrics Changes - Heavy Fabrication segment sales were $28.7 million, down from $43.4 million in the prior year, driven by reduced wind tower demand [13] - Gearing segment revenue increased by 6% year-over-year, with orders more than tripling to nearly $12 million [10][16] - Industrial Solutions segment recorded $4.5 million in new orders, down from $4.9 million year-over-year, but sales increased slightly to $4.2 million [17] Market Data and Key Metrics Changes - The company expects a stable demand for wind installations at about 10 gigawatts per year over the next decade, supported by a favorable policy backdrop [9] - The Gearing segment backlog has recovered to nearly $24 million, although it represents a decrease of $4 million sequentially and $10 million year-over-year [16] - The company anticipates that commercial and industrial demand for renewable energy will grow significantly in the coming years [7] Company Strategy and Development Direction - The company is focused on diversifying its end market strategy, with near-record growth in non-wind markets helping to offset softness in tower orders [9] - The company is considering bolt-on acquisitions that leverage existing manufacturing expertise and exposure to clean tech markets [10] - The company aims to optimize production facilities and leverage skilled workforce as wind tower orders may vary from quarter to quarter [22] Management's Comments on Operating Environment and Future Outlook - Management highlighted the challenges posed by higher raw material costs and supply chain disruptions, but remains optimistic about the long-term outlook for wind energy [6][7] - The company expects wind development activity to increase materially over the next 24 to 36 months, particularly with a substantial extension of the PTC [10] - Management expressed confidence in maintaining adequate liquidity to support the business through periods of uncertainty [10] Other Important Information - The company reported a net debt increase of approximately $2 million during the quarter, reflecting an increase in working capital [18] - The company expects a fourth quarter EBITDA loss to be between $1 million and $1.5 million [18] Q&A Session Summary Question: What gives confidence in the outlook for tower utilization in 2022? - Management indicated visibility for 2022 through customer conversations and projects in the repowering category, contributing to confidence in utilization metrics [24][25] Question: What drives the anticipated inflection point in demand for onshore wind? - Management noted that wind is one of the lowest cost power generation options and expects the PTC and rationalization of steel prices to drive demand [26] Question: What is the acquisition outlook and focus areas? - Management is investigating acquisition targets in the clean tech space, particularly those that could benefit wind or related technologies [30] Question: What are the current multiples seen in the renewable space? - Management noted that multiples have softened due to policy uncertainty, with bargains seen in the 8-9 range, while higher multiples are still present [31] Question: What is the company's stance on offshore wind development? - Management supports offshore wind development but emphasizes that participation must make sense for all parties involved [32] Question: Will the company need to add capacity to meet demand if the PTC is passed? - Management indicated that adding capacity would be a positive problem to have, with potential for workforce expansion if needed [34] Question: How much pent-up demand exists due to the PTC? - Management suggested that timing of the PTC passing will influence project alignment and lead times, with optimism for the second half of 2022 [35] Question: Are cost increases being passed on to customers? - Management stated that while some costs can be passed on, others are absorbed due to timing issues, but customers are generally accepting price increases [36][37]

BROADWIND. I W Second Quarter 2021 Results Conference Call Investor Presentation SAFE-HARBOR STATEMENT This release contains "forward looking statements"—that is, statements related to future, not past, events—as defined in Section 21E of the Securities Exchange Act of 1934, as amended, that reflect our current expectations regarding our future growth, results of operations, financial condition, cash flows, performance, business prospects and opportunities, as well as assumptions made by, and information cu ...

Broadwind, Inc. (NASDAQ:BWEN) Q2 2021 Earnings Conference Call August 6, 2021 11:00 AM ET Company Participants Eric Blashford - Chief Executive Officer Jason Bonfigt - Chief Financial Officer Conference Call Participants Aaron Spychalla - Craig-Hallum Capital Group Justin Clare - ROTH Capital Partners Sameer Joshi - H.C. Wainwright & Co., LLC Operator Greetings, and welcome to the Broadwind Second Quarter 2021 Results Conference Call. At this time, all participants are in a listen-only mode. A question-and- ...

Title of each class Trading Symbol(s) Name of each exchange on which registered Common stock, $0.001 par value BWEN The NASDAQ Capital Market Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commiss ...

Financial Performance - Q1 2021 - Total revenue decreased by 33% year-over-year to $32.7 million[3, 6, 21] - Adjusted EBITDA was $1.2 million, which included a $3.4 million employee retention tax credit[3, 5, 6] - Net loss per share was $(0.07)[6, 21] Segment Performance - Heavy Fabrications - Heavy Fabrications segment revenue declined by $15.6 million year-over-year[7] - Wind tower orders increased by 103% year-over-year to $14.1 million[7] - Total wind tower sections sold declined more than 45% year-over-year[3] - Approximately 75 tower sections were pushed beyond 1Q21 due to non-recurring factors[10] Segment Performance - Gearing - Gearing segment revenue decreased from $6.2 million to $5.3 million[11] - Gearing orders in 1Q21 equaled combined segment orders in the entire second half of 2020[11] - Book-to-bill near 2.0x, driving a $4.7 million sequential improvement in backlog[11] Segment Performance - Industrial Solutions - Industrial Solutions segment revenue increased by 14% year-over-year to $4.6 million[3, 12] - Industrial Solutions segment orders decreased year-over-year to $3.5 million[13] Outlook - Anticipate Q/Q Revenue Growth, 2Q21 total revenue expected to be in a range of $45 million to $50 million[3] - Anticipate Q/Q Adj EBITDA Growth, 2Q21 total Adjusted EBITDA expected to be $4.5 million to $5.0 million, including ~$3.0 million in ERC cash benefits[3]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ⌧ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 001-34278 BROADWIND, INC. (Exact name of registrant as specified in its charter) Delaware 88-0409160 (State or other jurisdic ...

Broadwind, Inc.(NASDAQ:BWEN) Q1 2021 Results Conference Call May 7, 2021 11:00 AM ET Company Participants Eric Blashford - Chief Executive Officer Jason Bonfigt - Chief Financial Officer Conference Call Participants Eric Stine - Craig-Hallum Capital Group Justin Clare - ROTH Capital Partners Martin Malloy - Johnson Rice & Company Operator Greetings, and welcome to the Broadwind First Quarter 2021 Results Conference Call. At this time, all participants are in a listen-only mode. A question-and-answer session ...

Broadwind, Inc. (NASDAQ:BWEN) Q4 2020 Earnings Conference Call February 25, 2021 11:00 AM ET Company Participants Eric Blashford - CEO Jason Bonfigt - CFO Conference Call Participants Amit Dayal - H.C. Wainwright & Co. Eric Stine - Craig-Hallum Justin Clare - ROTH Capital Partners Martin Malloy - Johnson Rice & Company Operator Greetings, and welcome to the Broadwind Fourth Quarter and Full Year 2020 Results Conference Call. At this time, all participants are in a listen-only mode. A brief question-and-answ ...