Third Quarter 2025 Investor Presentation November 4, 2025 Cautionary Statements Forward Looking Statements Certain statements and information in this presentation (as well as information included in other written or oral statements we make from time to time) may contain or constitute "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended ...

Financial Performance - Q2 2025 - Net sales increased by 9% to $129.8 million[29] - Excluding the impact of an accounting change, sales increased by 15%[29] - Adjusted EBITDA increased by 3% to $22.5 million, with a margin of 17.3%[29] - Net income decreased significantly by 91% to $0.5 million, resulting in a net income margin of 0.4%[29] Financial Performance - First Half 2025 - Net sales increased by 9% to $252.5 million[37] - Excluding the impact of an accounting change, sales increased by 14% to $259.9 million[31] - Adjusted EBITDA decreased by 3% to $43.7 million, with a margin of 17.3%[37] - Net income decreased by 55% to $5.2 million, resulting in a net income margin of 2.0%[37] Balance Sheet and Cash Flow - Cash on hand was $17.1 million as of June 30, 2025[50] - Total debt was $343.2 million as of June 30, 2025[50] - Net Leverage Ratio was 3.6x as of June 30, 2025[50] - Free Cash Flow was $0.8 million for the first half of 2025[50] Outlook - The company updated its full-year 2025 net sales outlook to a low double-digit to mid-teens increase[60] - The Adjusted EBITDA outlook for 2025 remains unchanged at a mid-to-high single-digit increase[60]