Luxfer Holdings PLC (NYSE:LXFR) Q3 2020 Earnings Conference Call October 27, 2020 8:30 AM ET Company Participants Mary Reed - Investor Relations Alok Maskara - Chief Executive Officer Heather Harding - Chief Financial Officer Conference Call Participants Chris Moore - CJS Securities Craig Irwin - ROTH Capital Partners. Sarkis Sherbetchyan - B. Riley Michael Leshock - KeyBanc Capital Markets Phil Gibbs - KeyBanc Capital Markets Operator Good morning. My name is Stephanie, and I will be your conference operat ...

THIRD QUARTER 2020 Earnings Conference Call October 27th, 2020 Click here to edit key takeaway CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 1 FORWARD-LOOKING STATEMENTS Click here to edit key takeaway This presentation contains forward-looking statements. Examples of such forward-looking statements include, but are not limited to: (i) statements regarding the Company's results of operations and financial condition, (ii) statements of plans, objectives or goals o ...

Financial Data and Key Metrics Changes - Total sales for Q2 2020 declined by 23.2% to $89.5 million, primarily due to COVID-related impacts in transportation and industrial segments [26][11] - EBITDA for Q2 2020 decreased by 49% to $10.4 million, with adjusted diluted EPS down 61% to $0.17 [11][27] - Net debt was reduced by $9.1 million to $82.4 million, resulting in a net debt to EBITDA ratio of 1.5 times, indicating a strong balance sheet [11][29] Business Line Data and Key Metrics Changes - Sales in the defense, first response, and healthcare segment declined by 5.9%, with higher sales of disaster relief products offset by reductions in magnesium alloys [16] - Transportation segment sales fell by 29.1%, driven by decreased demand from luxury passenger auto manufacturers and aerospace applications [17] - Industrial segment sales decreased by 27.1%, reflecting broader impacts on industrial production due to COVID-19 [18] Market Data and Key Metrics Changes - Sales in April and May were significantly lower due to factory shutdowns, but some recovery was observed in June as restrictions eased [15] - The company expects continued declines in transportation and industrial segments for the remainder of the year, projecting a 20% to 25% decline overall [31] Company Strategy and Development Direction - The company is focusing on maintaining an appropriate cost structure while making targeted strategic investments to capture growth in certain markets [9] - Luxfer's multi-year transformation plan aims to deliver greater shareholder value through simplification, productivity, growth, and portfolio optimization [22][23] - The company is investing in alternative fuel products and enhancing capabilities in chemical response kits, anticipating growth in these areas [19][20] Management's Comments on Operating Environment and Future Outlook - Management expressed cautious optimism about a gradual recovery, noting that July performance was similar to June, with no massive reshaping expected [42] - The company remains focused on cash preservation and generation, with expectations for free cash flow to convert at approximately 100% for the year [32] - Management highlighted the importance of monitoring industrial recovery as a key driver for earnings recovery moving forward [56] Other Important Information - The company has implemented rigorous expense management and has taken proactive actions to mitigate COVID-19 impacts [9][8] - There is an ongoing review of the portfolio for divestiture opportunities and potential acquisition targets, although timing remains uncertain due to market conditions [35] Q&A Session Summary Question: Is the trend of improvement seen in June continuing into July? - Management indicated that July is showing similar performance to June, with no massive reshaping expected [42] Question: Can you provide details on the workforce reduction? - The 10% reduction consists of permanent layoffs, with an additional 15% to 25% of the workforce on furlough [43] Question: What is the outlook for specialty chemical kits revenue? - Orders are on the books, but fulfillment will be more back-half loaded than initially expected [46] Question: How is Luxfer positioned in the hydrogen market? - The company is well-positioned to serve the hydrogen market, focusing on larger vehicles like buses and trucks [51] Question: What are the key items for investors to focus on for earnings recovery? - Industrial recovery and monitoring the ISM PMI index are critical for understanding earnings leverage moving forward [56] Question: How does the company plan to manage inventory and working capital? - The company expects inventory to be a significant source of cash in the second half of the year, with improvements anticipated [63] Question: What are the areas of stability or weakness in the market? - Military sales are expected to remain stable, while automotive and commercial aerospace may experience further weakness [68]

SECOND QUARTER 2020 Earnings Conference Call July 28th, 2020 Click here to edit key takeaway CUSTOMER FIRST • INTEGRITY • ACCOUNTABILITY • INNOVATION • PERSONAL DEVELOPMENT • TEAMWORK 1 FORWARD-LOOKING STATEMENTS Click here to edit key takeaway This presentation contains forward-looking statements. Examples of such forward-looking statements include, but are not limited to: (i) statements regarding the Company's results of operations and financial condition, (ii) statements of plans, objectives or goals of ...

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 fiscal year ended December 31, 2019 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-35370 Luxfer Holdings PLC (Exact Name of Registrant as Specified in Its Charter) England and Wales 98-1024030 State or Other Jurisdiction of Incorporation or Organization I.R.S. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended June 30, 2019 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-35370 Luxfer Holdings PLC (Exact Name of Registrant as Specified in Its Charter) England and Wales 98-1024030 State or Other Jurisdiction of Incorporation or Organization I.R ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-Q x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Quarterly Period Ended March 31, 2019 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-35370 Luxfer Holdings PLC (Exact Name of Registrant as Specified in Its Charter) England and Wales 98-1024030 State or Other Jurisdiction of Incorporation or Organization I. ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number 001-35370 Luxfer Holdings PLC (Exact Name of Registrant as Specified in Its Charter) England and Wales 98-1024030 State or Other Jurisdiction of Incorporation or Organization I.R.S. Emp ...