Generac Holdings Inc. (NYSE:GNRC) Q4 2021 Results Conference Call February 16, 2022 10:00 AM ET Company Participants Michael Harris - IR Aaron Jagdfeld - CEO York Ragen - CFO Conference Call Participants Tommy Moll - Stephens Ross Gilardi - Bank of America Philip Shen - ROTH Capital Brian Drab - William Blair Jeff Hammond - KeyBanc Mark Strouse - JPMorgan Joseph Osha - Guggenheim Partners Jed Dorsheimer - Canaccord Genuity Christopher Glynn - Oppenheimer Kashy Harrison - Piper Sandler J.B. Lowe - Citi Donov ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 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 Commission File Number 001-34627 GENERAC HOLDINGS INC. Securities registered pursuant to Section 12(b) of the Act: (Exact name of regis ...

Generac Holdings Inc. (NYSE:GNRC) Q3 2021 Earnings Conference Call November 2, 2021 10:00 AM ET Company Participants Aaron Jagdfeld – CEO York Ragen – CFO Michael Harris – Vice President, Investor Relations Conference Call Participants Tommy Moll – Stephens Ross Gilardi – Bank of America Philip Shen – ROTH Capital Brian Drab – William Blair Joseph Osha – Guggenheim Partners Mark Strouse – J.P. Morgan Jed Dorsheimer – Canaccord Genuity David Tarantino – KeyBanc Capital Markets Pearce Hammond – Piper Sandler ...

INVESTOR DAY SEPTEMBER 29, 2021 OUR PURPOSE: Lead the evolution to more resilient, efficient, and sustainable energy solutions. GENERAC® OVERVIEW 8:00am Registration 8:30am Introduction – Mike Harris 8:40am Generac Overview & Evolution – Aaron Jagdfeld About Generac New Enterprise Strategy – Evolution of Generac and Increased ESG Focus Next-Generation Grid – Generac Grid Services Introduction 9:25am Expanding Grid Services Capabilities for Global Opportunity – Bud Vos 9:45am Home Standby: Significant Penetr ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 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 Commission File Number 001-34627 GENERAC HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction o ...

Financial Data and Key Metrics Changes - The company reported a 68% year-over-year increase in net sales, reaching $920 million compared to $546.8 million in the prior year [10][43]. - Adjusted EBITDA increased by 77% year-over-year, with adjusted EPS rising by 71% [12][55]. - Gross profit margin decreased to 36.9% from 38.2% in the prior year due to higher input costs [50]. Business Line Data and Key Metrics Changes - Residential products sales surged 76% to $600 million, driven by robust home standby generator sales, which nearly doubled [44]. - Commercial and industrial (C&I) product net sales increased 64% to $254.3 million, with a 6% growth on a core basis compared to 2019 levels [46][47]. - The other products and services category, including aftermarket service parts, grew 30% to $65.7 million [49]. Market Data and Key Metrics Changes - Domestic segment sales rose 70% to $784.1 million, while international segment sales increased 57.8% to $135.8 million [52][53]. - The company experienced a core growth rate of 45% in international shipments, primarily in Europe and Latin America [40]. Company Strategy and Development Direction - The company aims to transition into an energy technology solutions provider, focusing on innovative solutions for power, communications, and critical infrastructure [42]. - Recent acquisitions, including Chilicon Power and Deep Sea Electronics, are expected to enhance the company's capabilities and market reach [25][38]. - The company plans to double its production capacity for home standby generators by Q2 2022, with ongoing investments in manufacturing and supply chain [18][91]. Management's Comments on Operating Environment and Future Outlook - Management noted strong demand for home standby generators driven by increased awareness of power security and higher power outage activity [9][16]. - The company raised its full-year revenue outlook to approximately 47% to 50% growth compared to the prior year, reflecting better-than-expected performance across several business areas [62]. - Management acknowledged ongoing cost pressures and logistics challenges but expressed confidence in achieving higher production levels and improved margins in the future [64][66]. Other Important Information - The company ended the second quarter with $830 million in liquidity, including $390 million in cash [59]. - Cash flow from operations was robust at $122.5 million, with free cash flow reaching $96.3 million, both records for the second quarter [57]. Q&A Session All Questions and Answers Question: Clarification on capacity additions and margin normalization - Management expects Q4 margins to return closer to Q1 levels, indicating a higher run rate into 2022 as input costs normalize [72]. Question: Operational goals for the new facility in Trenton - The company aims to have about 800 employees in the Trenton facility by the end of the year, with additional manufacturing equipment planned for Q1 and Q2 [78][79]. Question: Backlog and lead time clarification - The quoted lead time of 28 weeks is based on current production rates and order volume, with expectations for considerable backlog by year-end [84][86]. Question: Future capacity expansion considerations - Management is closely monitoring demand and supply chain capabilities, with potential for further expansion depending on market conditions [91][93]. Question: Demand for Chilicon products and capacity - Management is optimistic about demand from channel partners for Chilicon's product line, which could significantly increase shipments and revenue for the PWRcell business [95].

GENERAC® 1 INVESTOR PRESENTATION MAY 2021 "Generac's mission is to ensure peace of mind by developing power products and solutions that make the world safer, brighter, and more productive." INVESTOR RELATIONS Aaron Jagdfeld PRESIDENT & CEO York Ragen CHIEF FINANCIAL OFFICER Mike Harris VICE PRESIDENT – CORPORATE DEVELOPMENT & INVESTOR RELATIONS (262) 506-6064 InvestorRelations@generac.com GENERAC® 2 FORWARD LOOKING STATEMENTS Certain statements contained in this news release, as well as other information pr ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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 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 001-34627 GENERAC HOLDINGS INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction ...

Financial Data and Key Metrics Changes - Net sales increased 70% year-over-year to $807 million, setting an all-time record, and also increased sequentially from the previous quarter [11][47] - Adjusted EBITDA margin rose 840 basis points to 26.5%, the highest since Q4 2013, driven by higher revenue and operating leverage [13][58] - GAAP net income for Q1 2021 was $149 million, compared to $44.5 million in Q1 2020, with diluted net income per share increasing to $2.33 from $0.68 [62][63] Business Line Data and Key Metrics Changes - Residential product sales more than doubled to $542.1 million, a 110% increase year-over-year, driven by strong demand for home standby generators [48][49] - Commercial and industrial (C&I) product net sales increased 18% to $202.4 million, marking a return to growth for the first time since Q3 2019 [52] - Other products and services category, including aftermarket service parts, increased 36% to $62.9 million, benefiting from higher power outage activity [55] Market Data and Key Metrics Changes - Domestic segment sales surged 84% to $693 million, with adjusted EBITDA for the segment at 30% margin [60] - International segment sales increased 15% to $115 million, with core sales up approximately 10% [61] - The company expanded its distribution footprint, ending Q1 with approximately 7,700 residential dealers, an increase of about 400 from the previous quarter [20] Company Strategy and Development Direction - The company is focusing on expanding capacity for home standby generators and clean energy products, with plans to ramp up production in South Carolina and Wisconsin [17][71] - New product launches are expected in the clean energy sector, including a purpose-built generator for off-grid use [25][89] - The company aims to position itself as an energy technology solutions provider, integrating Enbala's technology to enhance its offerings [29][88] Management's Comments on Operating Environment and Future Outlook - Management highlighted the ongoing "Home as a Sanctuary" trend and the impact of recent power outages in Texas as key drivers for increased demand [9][16] - The outlook for 2021 has been significantly raised, with expected net sales growth of 40% to 45% compared to the prior year [74] - Management acknowledged challenges related to supply chain constraints and rising input costs but expressed confidence in mitigating these through operational efficiencies [45][78] Other Important Information - The company reported robust cash flow from operations of $152.5 million, a significant increase from $11.3 million in the prior year [66] - Liquidity position remains strong with over $1 billion available, including $745 million in cash [68] - The company is experiencing longer lead times for products, currently averaging 28 weeks, and is actively working to reduce this [16][100] Q&A Session Summary Question: Enbala and grid services opportunities - Management expressed growing confidence in the Enbala acquisition, noting an increase in the pipeline of opportunities and the potential for product integration [88] Question: Capacity to meet increased demand - Management discussed ongoing efforts to improve operational efficiencies and expand capacity, including plans for additional production lines and subcontracting [94][100] Question: Impact of potential severe weather on capacity - Management indicated that they are preparing for potential increased demand due to severe weather, with plans to double current capacity over the next year [100][103] Question: Future EBITDA margin sustainability - Management suggested that while current margins are strong, future performance will depend on input costs and the ability to manage inflationary pressures [108][109]

GENERAC® 1 INVESTOR PRESENTATION FEBRUARY 2021 "Generac's mission is to ensure peace of mind by developing power products and solutions that make the world safer, brighter, and more productive." INVESTOR RELATIONS Aaron Jagdfeld PRESIDENT & CEO York Ragen CHIEF FINANCIAL OFFICER Mike Harris VICE PRESIDENT – CORPORATE DEVELOPMENT & INVESTOR RELATIONS (262) 506-6064 InvestorRelations@generac.com GENERAC® 2 FORWARD LOOKING STATEMENTS Certain statements contained in this news release, as well as other informati ...