Financial Data and Key Metrics Changes - Net sales for Q1 2019 were $410 million, a decline of 3.5% year-over-year, but up 13% from Q4 2018 [27] - Gross profit for Q1 was $45.3 million, down from $59.6 million in Q1 2018, with gross margin at 11% compared to 14% last year [30] - The impact of currency devaluation on gross profit was approximately $2.5 million versus the prior year [30] Business Line Data and Key Metrics Changes - Agricultural segment net sales were $192 million, down 1.3% year-over-year, but would have been up 4% without negative currency impact [36] - Earthmoving/Construction segment sales decreased by 6.4% to $177 million, with volume down by 4% [39] - Consumer segment net sales were roughly $42 million, decreasing slightly year-over-year, with gross profit down $7 million from a year ago [42] Market Data and Key Metrics Changes - North American sales were relatively flat year-over-year, with challenges noted in Russia, Europe, and Latin America [29] - Russian agricultural sales were down 26% due to market challenges, while European agricultural sales lagged by 22% [37] - Latin American business faced headwinds, particularly in Argentina and Colombia, impacting export sales from Brazil [33] Company Strategy and Development Direction - The company is focusing on improving its product mix in Russia from 95% aftermarket to more OEM sales [22] - The management team is evaluating strategic alternatives for ITM, the undercarriage business, with potential for a public listing [66][70] - The company is implementing an 80-20 program for North American tire to stabilize sales in a tough market [20] Management Comments on Operating Environment and Future Outlook - Management noted that weather conditions and trade disputes have negatively impacted farmer sentiment and spending [14][24] - Despite a challenging Q1, management believes the fundamentals have not shifted significantly, maintaining 2019 guidance [24] - The company expects to see improved margins and profitability as market conditions stabilize and production ramps up [85] Other Important Information - The company experienced a negative foreign currency impact of $25 million in sales and approximately $2.5 million in lost gross margin [16] - Capital expenditures for Q1 were $9.5 million, in line with expectations for the year [54] - The company has sufficient liquidity and plans to upsize its credit facility to $125 million [63] Q&A Session Summary Question: What is the cash requirement for daily operations? - Management indicated that the company can operate effectively with cash levels between $60 million to $80 million [73] Question: Will the company be cash positive this year? - Management expects to achieve positive cash flow by the end of the year, though not necessarily in the first half [74] Question: What is the status of the $25 million share repurchase program? - The Board will consider stock price and internal cash flow when deciding on the program, which is intended to be managed over time [96] Question: What were the surprises in Q1 results compared to guidance? - Management noted unexpected margin hits and weaker performance in January and February, but sees opportunities for recovery [100] Question: What factors will drive better margins moving forward? - Management expects stronger production in North American tire and favorable raw material prices to contribute to improved margins [106]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For 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 1-12936 TITAN INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) Delaware 36-3228472 (State of Incorporation) (I.R.S. Employer Identification No.) 2701 Spru ...

CTITAN Sidoti Presentation March 28, 2019 Safe Harbor Statement SAFE HARBOR STATEMENT: The accompanying material includes forward-looking comments and information concerning the company's expectations and objectives for the future. Readers of this material should understand that these forward looking statements are based on the Company's expectations and subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results may differ materially from those projecte ...

Titan International Inc. (NYSE:TWI) Q4 2018 Results Earnings Conference Call March 7, 2019 9:00 AM ET Company Participants Todd Shoot - Treasurer and VP, IR Paul Reitz - President and CEO David Martin - SVP and CFO Conference Call Participants Steve Volkmann - Jefferies Joe Mondillo - Sidoti & Company Komal Patel - Goldman Sachs Justine Ho - Mesirow Financial Alex Blanton - Clear Harbor Asset Management Stephen Volkmann - Jefferies Operator Good morning, ladies and gentlemen, and welcome to the Titan Intern ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K þ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2018 or o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number 1-12936 TITAN INTERNATIONAL, INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identificatio ...