Q3 FY 2021 EARNINGS CALL PRESENTATION August 5, 2021 HILLENBRAND Hillenbrand Participants Joe Raver President & CEO Kim Ryan EVP & CEO Successor Kristina Cerniglia SVP & CFO EARNINGS PRESENTATION | EARNINGS PRESENTATION | 2 Disclosure Regarding Forward-Looking Statements Throughout this presentation, we make a number of "forward-looking statements" that are within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, ...

Financial Data and Key Metrics Changes - Total revenue for the quarter was $722 million, an increase of 11% year-over-year, with an 8% increase excluding foreign exchange impact [26] - Adjusted EBITDA was $134 million, up 21%, with an adjusted EBITDA margin of 18.6%, an increase of 160 basis points [26] - GAAP net income was $78 million or $1.03 per share, compared to a loss of $0.99 in the prior year [27] - Cash flow from operations was $193 million, an increase of $165 million compared to the prior year [28] - Net leverage ratio improved to 1.7 times net debt to EBITDA, down over half a turn sequentially [19][37] Business Line Data and Key Metrics Changes - Batesville segment revenue was $166 million, a 20% increase year-over-year, driven by increased demand for burial caskets due to COVID-19 [30] - Molding Technology Solutions (MTS) revenue was $255 million, a 28% increase, with adjusted EBITDA of $51 million, up 59% [32][34] - Advanced Process Solutions (APS) revenue decreased 3% to $301 million, with adjusted EBITDA margin flat at 18.5% [35][36] Market Data and Key Metrics Changes - Total company backlog increased over 30% year-over-year to a record $1.5 billion, indicating strong demand across segments [25] - Record order backlog for MTS reached $362 million, a 93% increase year-over-year [34] - APS order backlog reached a new record high of $1.2 billion, up 22% year-over-year [36] Company Strategy and Development Direction - The company is focused on four strategic pillars: strengthening business platforms, managing Batesville for cash, building a scalable foundation for growth, and effectively deploying free cash flow [11][12][16] - The Milacron acquisition is a key part of the strategy, with ongoing integration and expected synergies of $75 million over three years [12][51] - The company is increasing investments in recycling solutions and expects significant growth in this market [13][58] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's ability to generate robust free cash flow and maintain a strong balance sheet despite inflationary pressures and ongoing pandemic challenges [16][22] - The company anticipates revenue growth in the third quarter of 13% to 17%, with adjusted EBITDA expected in the range of $110 million to $120 million [42] - Management highlighted the importance of supply chain resiliency and the ongoing impact of COVID-19 in international markets, particularly India [41][97] Other Important Information - The company completed the sale of ABEL and is on track to divest TerraSource Global [19][51] - A new Chief Sustainability Officer has been appointed to enhance the company's sustainability efforts [21] - The company plans to issue its second sustainability report later in the year [21] Q&A Session Summary Question: What is the expected full year unabsorbed cost pressure for Batesville in fiscal 2021? - Management expects inflation of $13 million to $15 million, with pricing expected to cover about a third to half of that [55] Question: Can you discuss the traction with recycling and eco-friendly materials? - Management noted strong growth in the quote pipeline for recycling materials and bio-based plastics, particularly in Europe [56][58] Question: What is the competitive positioning in the emerging recycling areas? - Management believes the market is moving towards their capabilities in continuous processing for recycling, with significant long-term growth expected [63][68] Question: How do you see the incremental margins in MTS with the shift towards injection molding? - Management indicated that while the overall segment margin may be pressured due to increased injection molding sales, margins within injection molding are expected to improve [69][72] Question: Will the focus shift back towards M&A or stock buybacks? - Management plans to focus on organic growth initiatives while considering bolt-on acquisitions, particularly in the APS segment [76][80] Question: Can you discuss the exposure to India and its impact? - Management highlighted that injection molding represents about 25% of total revenue in India, which poses a risk due to the current COVID-19 situation [94][97]

Table of Contents Commission File Number. 001-33794 HILLENBRAND, INC. 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 _____ (Exact name of registrant as specified in its charter) Indiana 26-1342272 (State of ...

Hillenbrand, Inc. (NYSE:HI) Q1 2021 Earnings Conference Call February 4, 2021 8:00 AM ET Company Participants Kaveh Bakhtiari - Senior Director of Investor Relations Joe Raver - President & Chief Executive Officer Kristina Cerniglia - Senior Vice President & Chief Financial Officer Conference Call Participants Daniel Moore - CJS Securities Chris Howe - Barrington Research Matt Summerville - D.A. Davidson John Franzreb - Sidoti & Company Operator Greetings and welcome to the Hillenbrand Q1 Fiscal Year 2021 E ...

Financial Performance Highlights - Hillenbrand's Q1 2021 pro forma revenue increased by 6% to $685 million compared to Q1 2020[11] - Adjusted EBITDA increased by 50% to $138 million, with a margin of 19.9%, up 370 bps[12] - Pro forma adjusted EBITDA increased 51% to $137 million, with a margin of 20.0%, up 600 bps[12] - Batesville's revenue increased 30% to $165 million, with adjusted EBITDA margin improving by 1,360 bps to 31.7%[14, 15] - Molding Technology Solutions' pro forma revenue increased 7% to $237 million, with adjusted EBITDA margin increasing 560 bps to 20.4%[20, 21] Strategic Actions and Portfolio Management - Hillenbrand announced the sale of Red Valve and an agreement to sell ABEL, expecting approximately $163 million in total proceeds[8] - The company paid down $157 million in debt during the quarter, reducing the net leverage ratio to 2.2x[8] Backlog and Future Outlook - Record backlog of $1.36 billion, up 32% year-over-year on a pro forma basis[8, 12] - Q2 2021 revenue is projected to be between $695 million and $720 million, representing a 12% increase[28] - Full-year industrial segment outlook anticipates low single-digit revenue growth for Advanced Process Solutions and mid-teens growth for Molding Technology Solutions[28] Capital Allocation - The company is lifting the temporary suspension of the share repurchase program[27, 31] - Hillenbrand is resuming consideration of strategic bolt-on acquisitions[27]

Hillenbrand, Inc. (NYSE:HI) Q4 2020 Results Earnings Conference Call November 12, 2020 8:00 AM ET Company Participants Rich Dudley - Director-Investor Relations Joe Raver - President and Chief Executive Officer Kristina Cerniglia - Senior Vice President and Chief Financial Officer Conference Call Participants Daniel Moore - CGS Securities Matt Summerville - D.A. Davidson Chris Howe - Barrington Research Operator Good morning, everyone, and welcome to Hillenbrand's Fourth Quarter Fiscal 2020 Earnings Confere ...

Q4 FY 2020 EARNINGS CALL PRESENTATION November 12, 2020 HILLENBRAND Hillenbrand Participants Joe Raver President & CEO Kristina Cerniglia SVP & CFO Rich Dudley Senior Director, IR EARNINGS PRESENTATION | EARNINGS PRESENTATION | 2 HILLENBRAND Update on Reportable Segments ▪ The former "Process Equipment Group" segment has been renamed Advanced Process Solutions (APS) ▪ The former "Milacron" segment has been renamed Molding Technology Solutions (MTS) We changed the names of these two segments during fiscal fo ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☒ Annual Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the year ended September 30, 2020 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 No. 001-33794 HILLENBRAND, INC. (Exact name of registrant as specified in its charter) IN 26-1342272 (State of incorporation) (I.R.S ...

INVESTOR PRESENTATION September 2020 Disclosure Regarding Forward-Looking Statements Throughout this presentation, we make a number of "forward-looking statements" that are within the meaning of Section 27A of the Securities Act of 1933, as amended (the "Securities Act"), Section 21E of the Securities Exchange Act of 1934, as amended, and the Private Securities Litigation Reform Act of 1995, and that are intended to be covered by the safe harbor provided under these sections. As the words imply, these are s ...

Hillenbrand, Inc. (NYSE:HI) Q3 2020 Earnings Conference Call August 6, 2020 8:00 AM ET Company Participants Rich Dudley – Director-Investor Relations Joe Raver – President and Chief Executive Officer Kristina Cerniglia – Senior Vice President and Chief Financial Officer Conference Call Participants Daniel Moore – CJS Securities Matt Summerville – D.A. Davidson John Franzreb – Sidoti Company Operator Good morning, everyone, and welcome to Hillenbrand's Third Quarter and Fiscal 2020 Earnings Conference Call. ...