THIRD QUARTER 2025 FINANCIAL RESULTS November 6, 2025 FORWARD-LOOKING STATEMENTS – DISCLAIMER This presentation contains forward-looking statements within the meaning of the federal securities laws. Forward-looking statements include all statements that are not historical statements of fact and those regarding the Company's intent, belief, or expectations. Words such as "anticipate(s)," "expect(s)," "intend(s)," "believe(s)," "plan(s)," "may," "will," "would," "could," "should," "seek(s)," and similar expre ...

Acquisition Overview - Crane NXT announced an agreement to acquire Antares Vision on September 12, 2025[1] - The acquisition aims to expand Crane NXT's presence in resilient and growing end markets[13] - The transaction is expected to close in the first half of 2026[28] Antares Vision Details - Antares Vision is a global leader in inspection, detection, and track & trace technologies[6] - Antares Vision's 2024 revenue was approximately €200 million[12] - Antares Vision's 2024 adjusted EBITDA margin was approximately 15%[12] - Antares Vision has approximately 1,200 employees[12] - Approximately 60% of Antares Vision's end markets are in Life Sciences, and approximately 40% are in Food & Beverage[14] - Geographically, approximately 40% of Antares Vision's business is in Europe, approximately 50% in the Americas, and approximately 10% in the Rest of World[15] - By solution type, approximately 20% of Antares Vision's business is in Services, approximately 60% in Equipment, and approximately 20% in Software[17] Financial Terms - The purchase price is €5.00 per share, with an Enterprise Value of approximately €445 million[22] - The EV/EBITDA multiple is approximately 12x, or approximately 10x after expected synergies[22] - The company expects double-digit ROIC by year 5[22] - The acquisition is expected to be EPS accretive in the first full year after closing (2027)[22] - Net leverage is expected to be approximately 2.9x once the acquisition is complete in the first half of 2026[22]