Fourth Quarter and Full-Year 2025 Earnings Presentation February 12, 2026 MSA Safety | Fourth Quarter and Full-Year 2025 Earnings Presentation 1 Larry De Maria Introduction Purpose-led Company Driven by Our Mission: That men and women may work in safety and that they, their families, and their communities may live in health throughout the world. MSA Safety | Fourth Quarter and Full-Year 2025 Earnings Presentation 3 Non-GAAP Financials To supplement our Consolidated Financial Statements presented in accordan ...

Financial Performance - Net sales reached $468 million, an increase of 8% as reported, with a 3% organic growth year-over-year[8] - Adjusted EPS grew by 6% year-over-year, reaching $1.94[8] - Free cash flow increased significantly to $100 million, representing a 144% conversion rate[8] - Adjusted operating income was $104 million, with an adjusted operating margin of 22.1%[8] Strategic Actions and Market Dynamics - The company is managing tariffs effectively, aiming for price/cost neutrality in the first half of 2026[13] - The company's net leverage stands at 10x, indicating a robust balance sheet[31] - Fire service sales are affected by Assistance to Firefighter Grants (AFG) and NFPA dynamics, creating near-term volatility[19] Outlook and Targets - The company maintains a low-single-digit organic sales growth outlook, driven by detection and fall protection[34] - The company anticipates a foreign exchange translation revenue tailwind of 0%-1% and a M&A contribution of +2% for the full year[36] - The company is targeting 3-5% organic revenue growth, leading to $21 billion - $23 billion in revenue growth[66]