ENERPAC. @ 1 Fiscal 2022 Second Quarter Earnings M a r c h 2 3 , 2 0 2 2 Forward-Looking Statements 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 March 23, 2022. Enerpac Tool ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ——————————— FORM 10-Q ———————————— (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended February 28, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-11288 ———————————— ENERPAC TOOL GROUP CORP. (Exact name of registrant as specified in its charter) ———————————— Wisconsin 39-0168610 (State ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ——————————— FORM 10-Q ———————————— (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended November 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File No. 1-11288 ———————————— ENERPAC TOOL GROUP CORP. (Exact name of registrant as specified in its charter) ———————————— Wisconsin 39-0168610 (State ...

Enerpac Tool Group Corp. (NYSE:EPAC) Q1 2022 Earnings Conference Call December 21, 2021 11:00 AM ET Company Participants Bobbi Belstner - Director of Investor Relations & Strategy Paul Sternlieb - President & Chief Executive Officer Ricky Dillon - Executive Vice President & Chief Financial Officer Conference Call Participants Jeff Hammond - KeyBanc Capital Markets Deane Dray - RBC Capital Markets Michael McGinn - Wells Fargo Brendan Popson - CJS Securities Operator Ladies and gentlemen, thank you for standi ...

ENERPAC. @ 1 Fiscal 2022 First Quarter Earnings D e c e m b e r 2 1 , 2 0 2 1 Forward-Looking Statements 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 December 21, 2021. Ener ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended August 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 to Commission File No. 1-11288 ENERPAC TOOL GROUP CORP. (Exact name of Registrant as specified in its charter) Wisconsin 39-0168610 (State or other jurisdiction o ...

ENERPAC. @ 1 Fiscal 2021 Fourth Quarter Earnings S e p t e m b e r 2 9 , 2 0 2 1 Forward-Looking Statements 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 Corp (NYSE:EPAC) Q4 2021 Earnings Conference Call September 29, 2021 11:00 AM ET Company Participants Bobbi Belstner - Senior Director, Investor Relations and Strategy Randy Baker - President, CEO & Director Jeff Schmaling - EVP & COO Ricky Dillon - EVP & CFO Conference Call Participants Brendan Popson - CJS Securities Jeff Hammond - KeyBanc Capital Markets Deane Dray - RBC Capital Markets Ann Duignan - JP Morgan Michael McGinn - Wells Fargo Securities Disclaimer*: This transcript is desi ...

ENERPAC. @ 1 Fiscal 2021 Third Quarter Earnings J u n e 2 9 , 2 0 2 1 Forward-Looking Statements 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 June 29, 2021. Enerpac Tool Gro ...

Part I—Financial Information [Item 1—Condensed Consolidated Financial Statements (Unaudited)](index=4&type=section&id=Item%201%E2%80%94Condensed%20Consolidated%20Financial%20Statements%20(Unaudited)) Unaudited financial statements for Q3 and nine months ended May 31, 2021, detail operations, balance sheets, cash flows, and notes [Condensed Consolidated Statements of Operations](index=4&type=section&id=Condensed%20Consolidated%20Statements%20of%20Operations) Q3 FY2021 net sales grew 40.5% to $143.1 million, reversing a prior-year loss to $25.3 million net earnings Condensed Consolidated Statements of Operations (in thousands, except per share amounts) | Metric | Three Months Ended May 31, 2021 | Three Months Ended May 31, 2020 | Nine Months Ended May 31, 2021 | Nine Months Ended May 31, 2020 | | :--- | :--- | :--- | :--- | :--- | | **Net sales** | $143,149 | $101,879 | $383,233 | $381,939 | | **Gross profit** | $66,847 | $41,947 | $176,887 | $172,728 | | **Operating profit (loss)** | $22,747 | $(1,998) | $37,524 | $20,938 | | **Net earnings (loss) from continuing operations** | $25,257 | $(4,930) | $33,663 | $5,360 | | **Net earnings (loss)** | $25,031 | $(4,999) | $32,811 | $(716) | | **Diluted earnings (loss) per share from continuing operations** | $0.42 | $(0.08) | $0.56 | $0.09 | [Condensed Consolidated Balance Sheets](index=6&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Total assets increased to $842.7 million, long-term debt reduced to $195.0 million, and equity rose to $416.9 million Condensed Consolidated Balance Sheet Highlights (in thousands) | Account | May 31, 2021 | August 31, 2020 | | :--- | :--- | :--- | | **Total current assets** | $371,817 | $341,132 | | **Total assets** | $842,702 | $824,294 | | **Total current liabilities** | $134,443 | $105,522 | | **Long-term debt, net** | $195,000 | $255,000 | | **Total liabilities** | $425,791 | $465,068 | | **Total shareholders' equity** | $416,911 | $359,226 | [Condensed Consolidated Statements of Cash Flows](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Operating cash flow turned positive at $24.9 million, investing activities provided $15.8 million, and financing used $61.7 million Condensed Consolidated Statements of Cash Flows Highlights (in thousands) | Cash Flow Activity | Nine Months Ended May 31, 2021 | Nine Months Ended May 31, 2020 | | :--- | :--- | :--- | | **Cash provided by (used in) operating activities** | $24,889 | $(15,703) | | **Cash provided by investing activities** | $15,808 | $175,935 | | **Cash used in financing activities** | $(61,676) | $(206,398) | | **Net decrease in cash and cash equivalents** | $(15,891) | $(47,548) | [Notes to the Condensed Consolidated Financial Statements](index=8&type=section&id=Notes%20to%20the%20Condensed%20Consolidated%20Financial%20Statements) Notes detail accounting policies, restructuring, discontinued operations, debt management, and IT&S segment performance - Revenue is disaggregated by timing: for the nine months ended May 31, 2021, **$284.8 million** was recognized at a point in time and **$98.4 million** was recognized over time[31](index=31&type=chunk) - The company recorded restructuring charges of **$1.5 million** and **$2.5 million** for the three and nine months ended May 31, 2021, respectively, related to integrating businesses and driving corporate efficiencies[34](index=34&type=chunk)[37](index=37&type=chunk) - On October 31, 2019, the company completed the sale of its former Engineered Components & Systems (EC&S) segment for **$215.8 million**. The results of EC&S are reported as discontinued operations[40](index=40&type=chunk) - As of May 31, 2021, the company had **$195.0 million** of borrowings under its revolving line of credit, with **$200.5 million** of available borrowing capacity. The company was in compliance with all financial covenants[48](index=48&type=chunk)[50](index=50&type=chunk) - The Industrial Tools & Service (IT&S) segment is the only reportable segment, generating **$358.3 million** in net sales and **$54.8 million** in operating profit for the nine months ended May 31, 2021[62](index=62&type=chunk) [Management's Discussion and Analysis of Financial Condition and Results of Operations](index=21&type=section&id=Item%202%E2%80%94Management%27s%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management discusses Q3 FY2021 core growth from economic recovery, covering consolidated and segment performance, restructuring, and liquidity [Results of Operations](index=22&type=section&id=Results%20of%20Operations) Q3 2021 consolidated net sales rose 41% to $143 million, driven by core sales recovery and improved gross profit margin - Q3 FY2021 consolidated net sales increased **41% YoY to $143 million**, with core sales up **36%**[74](index=74&type=chunk) - The increase in Q3 core sales was attributed to a substantial rise in sales volume as economies recovered and business activities normalized from the COVID-19 pandemic[74](index=74&type=chunk) - For the nine months ended May 31, 2021, consolidated net sales increased by less than **1%**, with core sales decreasing **1%** due to depressed volumes in the first two quarters[76](index=76&type=chunk) [Segment Results](index=23&type=section&id=Segment%20Results) IT&S segment net sales increased 44% to $133 million in Q3 2021, with operating profit margin expanding to 17.9% IT&S Segment Results (in millions) | Period | Net Sales | Operating Profit | Operating Profit % | | :--- | :--- | :--- | :--- | | **Q3 2021** | $133 | $24 | 17.9% | | **Q3 2020** | $93 | $8 | 8.2% | | **Nine Months 2021** | $358 | $55 | 15.3% | | **Nine Months 2020** | $352 | $54 | 15.4% | - Corporate expenses decreased by **$8 million** for the third quarter and **$17 million** for the nine-month period, primarily due to a gain on the sale of a manufacturing facility in China and savings from restructuring actions[79](index=79&type=chunk) [Cash Flows and Liquidity](index=24&type=section&id=Cash%20Flows%20and%20Liquidity) Strong liquidity with $25 million operating cash flow, $60 million debt reduction, and $136 million cash on hand - Net cash provided by operating activities was **$25 million** for the nine months ended May 31, 2021, compared to a **$16 million use of cash** in the prior-year period[83](index=83&type=chunk) - Net cash used in financing activities was **$62 million**, primarily from a **$60 million net principal payment** on the outstanding credit facility[85](index=85&type=chunk) - The company believes its revolving credit line, cash on hand, and operating cash flows are adequate to meet funding requirements for the foreseeable future[86](index=86&type=chunk) [Quantitative and Qualitative Disclosures about Market Risk](index=26&type=section&id=Item%203%E2%80%94Quantitative%20and%20Qualitative%20Disclosures%20about%20Market%20Risk) The company manages market risks including interest rates, foreign currency, and commodity prices using hedging instruments - The company manages interest rate risk with a mix of variable-rate debt and a fixed-interest-rate swap that fixes the LIBOR-based index on **$100 million** of borrowings[93](index=93&type=chunk) - A hypothetical **10% decrease** in all foreign exchange rates against the U.S. dollar would have lowered quarterly sales by **$7 million** and operating profit by **$1 million** for the three months ended May 31, 2021[93](index=93&type=chunk) - The company is subject to commodity price fluctuations for materials like steel and plastic resin, and strives to pass along price increases to customers to protect profit margins[93](index=93&type=chunk) [Controls and Procedures](index=26&type=section&id=Item%204%E2%80%94Controls%20and%20Procedures) Disclosure controls and procedures were effective as of May 31, 2021, with no material changes to internal controls - The CEO and CFO concluded that the company's disclosure controls and procedures were **effective** as of the evaluation date, May 31, 2021[95](index=95&type=chunk) - No changes in internal control over financial reporting occurred during the quarter ended May 31, 2021, that have materially affected or are reasonably likely to materially affect internal controls[95](index=95&type=chunk) Part II—Other Information [Unregistered Sales of Equity Securities and Use of Proceeds](index=27&type=section&id=Item%202%E2%80%94Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) No share repurchases occurred in Q3 2021, with 5,200,770 shares remaining authorized for repurchase - There were **no share repurchases** in the three months ended May 31, 2021[97](index=97&type=chunk) - As of May 31, 2021, the maximum number of shares that may yet be purchased under the company's repurchase programs is **5,200,770**[97](index=97&type=chunk) [Exhibits](index=27&type=section&id=Item%206%E2%80%94Exhibits) Exhibits include CEO and CFO certifications and financial data in Inline XBRL format - The report includes certifications from the Chief Executive Officer and Chief Financial Officer as required by Sections 302 and 906 of the Sarbanes-Oxley Act of 2002[98](index=98&type=chunk) - Financial statements and notes are provided in Inline XBRL format as part of Exhibit 101[98](index=98&type=chunk)