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John Bean Technologies(JBT) - 2024 Q1 - Earnings Call Presentation

▪ North American poultry market fundamentals have continued to improve, leading to better cash flow and profitability as well as a more positive sentiment for investment among JBT customers; JBT's pipeline activity is improving, which is expected to translate to increased orders during Q2 2024 ▪ Q1 2024 recurring revenue was 52% versus 56% in the prior year Note: Figures may have immaterial differences due to rounding. 2 5 Strong Balance Sheet to Support JBT Initiatives 3.0x 2.8x 0.5x 0.6x 0.6x 0.0x 00 500 ...