Fiscal Fourth Quarter And Full-Year 2024 Results Conference Call August 15, 2024 DISCLAIMER This presentation contains "forward-looking statements"—that is, statements related to future events within the meaning of the Private Securities Litigation Reform Act of 1995. The Private Securities Litigation Reform Act of 1995 provides a safe harbor for forward-looking statements. In this context, forward-looking statements often address our expected future business, financial performance, financial condition and ...

Financial Data and Key Metrics Changes - Group reported revenue was in-line with last year, but on a like-for-like basis, revenue increased by 4.3% [4] - Adjusted EBITDA increased by 2.2% to $125.4 million, and on a like-for-like basis, it increased by 8.2% [5] - Net income was $88.1 million, an increase of $36 million from Q2 2023, with adjusted net income at $47 million [12][13] - Adjusted diluted EPS was $0.49 per share, a decrease of 3% year-on-year [13] Business Line Data and Key Metrics Changes - Fresh Fruit segment delivered adjusted EBITDA of $70.6 million, up 7.3% from the prior year, driven by higher banana volumes and lower sourcing costs [6][13] - Diversified Fresh Produce EMEA segment saw revenue increase by 3.2%, with strong performance in Ireland, the UK, and Spain [14] - Diversified Fresh Produce Americas segment reported a like-for-like revenue increase of 11.3%, primarily due to seasonal timing benefits and positive underlying revenue growth [15] Market Data and Key Metrics Changes - In the European market, higher volumes in bananas and lower sourcing and shipping costs contributed to positive momentum [6] - North America experienced solid performance with higher banana volumes and pricing, although offset by anticipated higher shipping costs [6] - The banana supply remains tight on an industry-wide basis, presenting challenges due to currency fluctuations [7] Company Strategy and Development Direction - The company is focused on capital allocation and managing leverage, with leverage reduced to 1.9 times [15] - Strategic alternatives for the fresh vegetables business are being explored following the termination of a sale agreement [11] - The company aims to leverage strong market positions and operational integration to deliver satisfactory financial results [8] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering strong financial performance for the full year, raising the adjusted EBITDA target to at least $370 million for 2024 [18] - The company anticipates that the second half of the year may see a slight decline compared to last year due to dry docking costs [21][22] - Management remains focused on maintaining quality and service to sustain market share growth [28] Other Important Information - Cash capital expenditure for the second quarter was $17.5 million, with expectations for total capital expenditure in the range of $110 million to $120 million for the full year [16][17] - A dividend of $0.08 for the second quarter was declared, to be paid on October 3, 2024 [17] Q&A Session Summary Question: Outlook for the second half of the year - Management indicated that the second half may be below last year's numbers due to dry docking costs but remains comfortable with the full-year target [21][22] Question: Cash deployment strategy regarding debt reduction and growth - Management is evaluating the need for further debt reduction versus opportunities for organic growth and acquisitions, considering market conditions [24][25] Question: Free cash flow conversion expectations - Free cash flow conversion is expected to be in the range of 30% to 35% [26] Question: Fresh fruit segment performance drivers - The strong performance is attributed to quality sourcing, service, and gaining market share, with efforts to sustain this momentum [28] Question: Expectations for the second half across diversified businesses - Management expects a different but not dramatically changed profile in the second half, with strong performance anticipated in the Americas division [30]

VITAL FARMS, INC. (NASDAQ: VITL) August 2024 Corporate Presentation REPORTING DISCLAIMER Non-GAAP Financial Measures This presentation contains, in addition to historical information, certain forward-looking statements, as defined in Private Securities Litigation Reform Act of 1995, that are based on our current assumptions, expectations and projections about future performance and events and relate to, among other matters, our future financial performance, our business strategy, industry and market trends, ...

Financial Data and Key Metrics Changes - Company reported Q2 2024 sales of $168 million, a 2% decline year-over-year, but the Grills business saw a 2% increase, a significant recovery from a 14% decline in Q1 [5][19] - Gross margin improved to 42.9%, up 600 basis points from the previous year, leading to adjusted EBITDA of $27 million, a 25% increase from Q2 2023 [5][21] - Updated fiscal year 2024 revenue guidance is now $590 million to $605 million, with adjusted EBITDA guidance increased to $74 million to $79 million, reflecting a 15% increase at the midpoint compared to prior guidance [6][26] Business Line Data and Key Metrics Changes - Grills revenue increased to $95 million, benefiting from better-than-expected sell-through during the quarter [17] - Consumables revenue was $34 million, down 3% year-over-year, impacted by a timing shift [18] - Accessories revenue decreased by 9% to $40 million, primarily due to lower sales at MEATER [20] Market Data and Key Metrics Changes - North America revenues decreased by 5%, while revenues from the Rest of the World increased by 32% [19] - In Canada, sell-through trends improved significantly in big box channels, while specialty channels faced challenges [16] - European markets experienced softer sell-through compared to last year, with distributors working through excess inventories [16] Company Strategy and Development Direction - Company is focused on increasing brand awareness and household penetration through promotional strategies and retail partnerships [10] - Plans to expand MEATER's wholesale distribution and improve retail offerings ahead of the holiday season [14] - Long-term strategy includes maintaining a premium brand position while adapting to consumer price sensitivity [9][38] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the long-term opportunity for Traeger, citing strong consumer demand despite economic challenges [8][17] - Acknowledged that consumer demand may decelerate in seasonally slower periods, but remains optimistic about the overall market recovery [12] - Management noted that lower interest rates could positively impact consumer purchasing behavior and overall business performance [57] Other Important Information - Company has improved balance sheet health over the last two years, with inventories down more than 40% and liquidity up nearly 30% [22] - Adjusted net income for the quarter was $7 million, compared to an adjusted net loss of $4 million in the same period last year [20] Q&A Session Summary Question: Did you see positive sell-through or just sequential improvement? - Management confirmed that they did see positive sell-through, indicating strong demand for the Traeger brand [27] Question: Can you elaborate on MEATER's demand creation issues? - Management acknowledged that the strategy focused too much on lower funnel conversion and will revert to more effective prospecting strategies [28] Question: What trends are seen in new grill customers versus replenishment purchases? - Most grill sales are from new consumers, which is viewed positively for reinforcing brand loyalty [32] Question: What are the expectations for grill sales in the back half of the year? - Management indicated that the outlook is driven by replenishment and new product load-in, with caution on sell-through expectations [55]

Ingevity. SECOND QUARTER 2024 EARNINGS PRESENTATION August 1, 2024 2 Use of non-GAAP financial measures: This presentation includes certain non‐GAAP financial measures intended to supplement, not substitute for, comparable GAAP measures. Reconciliations of non‐GAAP financial measures to GAAP financial measures are provided within the Appendix to this presentation. Investors are urged to consider carefully the comparable GAAP measures and the reconciliations to those measures provided. The company does not a ...

JULY 25, 2024 Q2 2024 FINANCIAL RESULTS © 2024 Garrett Motion Inc. This communication and related comments by management may include "forward-looking statements" within the meaning of the U.S. federal securities laws. Forward-looking statements are any statements other than statements of historical fact. Forward-looking statements represent our current judgment about possible future activities, events, or developments that we intend, expect, project, believe, or anticipate will or may occur in the future. I ...

Third Quarter Fiscal 2024 Earnings Conference Call TM June 5, 2024 Disclaimer Certain information in this presentation and discussed on the conference call which this presentation accompanies constitutes forward-looking information within the meaning of the Private Securities Litigation Reform Act of 1995. Statements in this presentation regarding the Company's business that are not historical facts are "forward-looking statements" that involve risks and uncertainties and are based on current expectations a ...

Registration No. 333- 276670 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 Amendment No. 1 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 1847 HOLDINGS LLC (Exact name of registrant as specified in its charter) As filed with the Securities and Exchange Commission on February 2, 2024 Delaware 5700 38-3922937 (I.R.S. Employer Identification Number) (Primary Standard Industrial Classification Code Number) 590 Madison Avenue, 21st Floor New York, NY 10022 (212) 417 ...

Financial Data and Key Metrics Changes - Pro forma RevPAR increased by 2.4% compared to Q3 2022, leading to a 2.6% increase in hotel EBITDA with operating margins remaining essentially unchanged [4][5] - Adjusted EBITDA for the quarter was $46.3 million, a 1.9% decrease compared to Q3 2022 [13][28] - Adjusted FFO was $26.5 million or $0.22 per diluted share compared to $30.9 million or $0.25 per diluted share in Q3 2022 [28] Business Line Data and Key Metrics Changes - Group demand was a significant growth driver, with occupancy increasing approximately 250 basis points year-over-year and a 12% increase in non-rooms revenue [5][26] - The NCI portfolio achieved a RevPAR index of 116%, a nearly 700 basis point increase from Q3 2022, with hotel EBITDA increasing by 27% [8][22] - The retail segment, which includes leisure and business transient demand, posted weekday RevPAR growth of 3.1% [12] Market Data and Key Metrics Changes - Urban and suburban hotels showed strong performance with Q3 RevPAR growth of 3.2% and 4.1% respectively, driven by improved weekday demand [54] - The Texas markets, representing over 25% of the total room count, experienced a RevPAR growth of 12% in Q3, particularly in Dallas and Houston [23] - The overall portfolio's market share is at or near the highest level achieved outside of pandemic years [21] Company Strategy and Development Direction - The company continues to focus on capital investments to enhance RevPAR growth and market share, with ongoing renovations at several properties [7][14] - The strategy includes capital recycling opportunities to improve portfolio quality and liquidity while minimizing non-core capital expenditures [9] - The company aims to balance returning capital to shareholders, reducing corporate leverage, and maintaining liquidity for future growth opportunities [15] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about leisure demand remaining strong, with expectations for more normalized comparisons in 2024 [19][33] - The operating expense environment is normalizing, with a notable reduction in contract labor and stable hourly wages contributing to cost control [21][78] - The company anticipates continued strength in the NCI portfolio and expects to see outsized RevPAR and EBITDA growth in the near term [8][22] Other Important Information - The company declared a quarterly common dividend of $0.06 per share, representing an annualized yield of approximately 4% [15] - The company successfully refinanced $800 million of debt this year, ensuring sufficient flexibility and liquidity for strategic initiatives [29][57] - The full year RevPAR growth range has been narrowed to 6.25% to 7.75%, with no change to the midpoint of the previously stated guidance [58] Q&A Session Questions and Answers Question: What is the outlook for the leisure segment? - Management believes leisure demand remains strong and expects more normalized comparisons in 2024, indicating stability in leisure demand [33] Question: What is the current state of the transaction market? - The transaction market remains challenged with a smaller buyer pool, but the company continues to evaluate potential asset sales that are value accretive [34][36] Question: How many hotels need to be sold before the company can return to acquisition mode? - Management is hesitant to specify numbers but aims to dispose of assets opportunistically to redeploy capital into better uses [40][41] Question: What are the drivers of growth in the NCI portfolio? - The majority of RevPAR growth in the NCI portfolio has come from occupancy, with positive contributions from both business transient and leisure segments [42] Question: How is the company managing insurance cost increases? - Insurance costs have increased significantly, but management expects the growth rate to be less than this year while still above inflationary levels [47][51]

Financial Data and Key Metrics Changes - Year-to-date revenue increased by 21% year-on-year, driven by higher volumes and favorable product mix, with total ASP at £219,000, up 12% year-on-year [10] - Year-to-date gross margin expanded to 36%, increasing 300 basis points year-on-year, with Q3 gross margin over 37% [11] - Adjusted EBITDA of £131 million increased by 64% year-on-year, with an adjusted EBITDA margin of 13%, up over 300 basis points year-on-year [11][12] - Free cash outflow improved by £39 million year-on-year to £297 million, with increased capital investment year-on-year to £276 million [12] Business Line Data and Key Metrics Changes - Wholesale increased by 8% year-on-year to 4,398 units, primarily driven by a 23% increase in DBX volumes, offsetting lower sports car sales [9] - The DB12 order book extends into Q2 2024, with 55% of initial customers being new to the brand [4][9] Market Data and Key Metrics Changes - Demand remains strong across existing and new product lines, with DBX orders running into next year [9] - The company is transitioning from old products to new models, impacting wholesale deliveries [41] Company Strategy and Development Direction - The company aims to become the world's most profitable, desirable ultra-luxury high-performance brand, with a focus on launching new models [3][4] - The launch of the DB12 is seen as a major milestone, with expectations for a strong response to upcoming new sports cars [4][5] - The company plans to continue rolling out specials annually and is focused on reducing leverage and retiring debt [14][56] Management's Comments on Operating Environment and Future Outlook - Management expresses confidence in achieving financial targets for 2024, despite a slight delay in DB12 production [5][57] - The company anticipates a significant acceleration in financial performance in Q4, driven by new product launches [8][15] Other Important Information - Total liquidity at the end of September stood at over £600 million, including £216 million from a share offering [13] - Net debt was around £750 million, broadly stable from the beginning of the year [13] Q&A Session All Questions and Answers Question: DB12 demand and lead times - Management is pleased with the DB12 order book, expecting to sell out all of next year's production by year-end [19] Question: DBX updates and refresh - The new infotainment and interiors for DBX are in the works, with updates expected soon [19] Question: Specials deliveries expectations - Management expects a smooth delivery of specials, including the Valkyrie and DBR22, in Q4 [20] Question: Volume guidance related to DB12 delays - The updated volume guidance is entirely related to DB12 production delays, not softer volumes in other areas [24] Question: Free cash flow guidance - Positive free cash flow is expected for Q4, with slight impacts from volume adjustments and working capital dynamics [25] Question: Gross margin insights - Strong gross margins in Q3 are attributed to a rich mix from specials and initial DB12 deliveries, with expectations for continued improvement [26] Question: DBX order book length and execution issues - Management is satisfied with the DBX order book and has improved supplier relations to mitigate execution issues [32][33] Question: Demand momentum in Asia and North America - Demand dynamics in North America remain stable, while the transition from old to new products has impacted wholesale deliveries [44] Question: Proportion of new customers in the order book - Currently, 55% of DB12 customers are new to the brand, many coming from DBX ownership [52] Question: Product ladder for customer retention - The company plans to establish a clear product ladder, with new models and updates to retain customers within the brand [55]