INVESTOR PRESENTATION – November 2025 NYSE: TWI Forward-Looking Statements & Non-GAAP Metrics Forward-Looking Statements The accompanying material includes forward-looking comments and information concerning the company's expectations and objectives for the future. Readers of this material should understand that these forward-looking statements are based on the Company's expectations and subject to a number of risks and uncertainties, certain of which are beyond the Company's control. Actual results may dif ...

Financial Performance - The company reported $243 million in Adjusted EBITDA for the third quarter of 2025[8] - Free Cash Flow for the quarter was $51 million[8] - Capital Expenditures totaled $154 million[8] - The Leverage Ratio stood at 39x, but pro forma for the EPIC Crude Sale, it would be 37x[8] - $176 million of Class A common stock was repurchased year-to-date, with $100 million repurchased in 3Q25[10] Segment Performance - Midstream Logistics Adjusted EBITDA was $151 million, a 13% year-over-year decrease[13] - Pipeline Transportation Adjusted EBITDA was $95 million, a 1% year-over-year decrease[15] - Midstream Logistics contributed 61% and Pipeline Transportation 39% to the 3Q25 Adjusted EBITDA[16] Guidance and Assumptions - The company revised its FY 2025 Adjusted EBITDA Guidance to a range of $965 million to $1005 billion[10] - FY 2025 Capital Guidance was tightened to a range of $485 million to $515 million[10] - Fixed Fee contributes 85% and Commodity contributes 15% to the 2025E Gross Profit Sources[23]

Financial Performance - Himalaya Shipping reported a net profit of $9.5 million and an EBITDA of $29.3 million for Q3 2025[9] - The company achieved time charter equivalent (TCE) earnings of approximately $35,600 per day, gross, outperforming the Baltic Capesize Index which was at $24,684 during the same period[9] - Operating revenues decreased by $1.3 million compared to Q3 2024, attributed to a reduction in average TCE from approximately $36,800/day to $35,600/day[14] - Cash flow from operations was $18.3 million in Q3 2025[18] Fleet and Chartering - Four vessels' index-linked time charters were converted to fixed rates averaging approximately $35,300 per day (gross) from August 1, 2025, to September 30, 2025[9] - An additional four vessels had their index-linked time charters converted to fixed rates averaging approximately $38,500 per day (gross) from October 1, 2025, to December 31, 2025[9] - Himalaya Shipping's average premium versus the Baltic index is approximately 50%, and versus peers, it's about 23%[23] Market Dynamics - Total Capesize tonne-mile growth saw a 2% year-over-year increase in Q3, with iron ore contributing a 3% increase and bauxite a 15% increase, while coal decreased by 15%[34] - Brazil's iron ore exports increased by 4%, Australia's by 2%, and Guinea's bauxite exports increased by 18% year-over-year in Q3[34] - Approximately 60% of the Capesize fleet will be over 20 years old by 2034[51] - The orderbook represents 93% of the existing Capesize fleet DWT[54]

Q3 2025 Performance Highlights - Consolidated net service revenue increased by 3.9% year-over-year to $263.6 million[19, 20] - Adjusted EBITDA grew by 10.2% year-over-year to $27.0 million, with an Adjusted EBITDA margin of 10.2%[19, 20] - Net income attributable to Enhabit, Inc was $11.1 million, a 110.1% increase compared to the previous year[19, 20] - Adjusted diluted EPS was $0.17, a 466.7% increase compared to the previous year[19, 20] Home Health Segment - Home health net service revenue was $200.5 million, a decrease of 0.2% year-over-year[19, 20] - Total admissions increased 3.6% year-over-year[18, 68] - Medicare admissions decreased by 5.1% year-over-year, while non-Medicare admissions increased by 10.4%[19, 68] - Cost per patient day improved by 2.1% year-over-year[19, 68] Hospice Segment - Hospice net service revenue increased by 20.0% year-over-year to $63.1 million[19, 20] - Adjusted EBITDA increased 72.0% year-over-year[19] - Average daily census grew by 12.6% year-over-year[18, 38] - Cost per patient day improved by 3.1% year-over-year[19, 44] Balance Sheet and Guidance - Reduced bank debt by $15.0 million in Q3, exiting with a 3.9x leverage ratio[19] - Total debt reduced by $100 million since Q4 2023[51] - Updated 2025 net service revenue guidance to $1.058 billion to $1.063 billion[56]

NYSE American: BKTI Third Quarter 2025 Earnings Results Thursday, November 6th, 2025 Safe Harbor Statement 2 This presentation contains statements about future events and expectations which are "forward-looking statements" within the meaning of Sections 27A of the Securities Act of 1933, as amended, and 21E of the Exchange Act. These forward-looking statements concern the Company's operations, economic performance, and financial condition, including, but not limited to the Company's long-term strategic plan ...

Financial Performance - Net income increased by 27% from $10708 thousand in Q3 2024 to $13588 thousand in Q3 2025[9] - Adjusted EBITDA decreased by 6% from $43938 thousand in Q3 2024 to $41309 thousand in Q3 2025[9] - Distributable Cash Flow increased by 2% from $27140 thousand in Q3 2024 to $27773 thousand in Q3 2025[9] - Distribution coverage (paid basis current quarter) increased by 2% from 136x in Q3 2024 to 139x in Q3 2025[9] - Distribution paid per LP Unit remained the same at $05250[9] Retail Segment - Retail gross profit decreased by 4% from $83587 thousand to $79985 thousand[7] - Retail operating income decreased by 6% from $31363 thousand to $29345 thousand[7] - Motor fuel gross profit decreased by 11% from $45759 thousand to $40732 thousand[7] - Merchandise gross profit increased by 5% from $30494 thousand to $31981 thousand[7] - Volume of gallons sold decreased by 4% from 148380 thousand to 141806 thousand[7] Wholesale Segment - Wholesale gross profit decreased by 10% from $27639 thousand to $24785 thousand[7] - Wholesale operating income decreased by 6% from $19097 thousand to $17884 thousand[7] - Motor Fuel Gross Profit decreased by 7% from $16870 thousand to $15718 thousand[7] - Volume of Gallons Distributed decreased by 5% from 186946 thousand to 177662 thousand[7] Capital & Debt - Third quarter 2025 capital expenditures were $67 million, including $48 million of growth capex[13] - Credit facility balance at 09/30/25 was $7055 million[13] - Leverage ratio was 356x at 09/30/25[13]

Q3 2025 EARNINGS – November 6, 2025 DISCLAIMER General Disclaimer This presentation does not constitute an offer to sell or the solicitation of an offer to buy any securities of Olaplex Holdings, Inc. (the "Company"), nor shall there be any sale of securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. Forward Looking Statements Non-GAAP Financial Measures This pre ...

Factors that could cause actual results to differ materially from those contemplated or implied by forward-looking statements include, but are not limited to, the following: the cyclical nature of our operating businesses and general economic conditions and risks relating to the economy, including unfavorable changes in interest rates, foreign exchange rates, inflation, commodity prices and volatility in the financial markets; the ability to complete and effectively integrate acquisitions into existing oper ...

Financial Performance - Total case volume increased by 1.1% for Q3 2025 and 1.0% year-to-date [8, 39] - Net sales grew by 4.8% to $10.191 billion for Q3 2025 and 4.4% to $29.624 billion year-to-date [8, 39] - Adjusted EBITDA increased by 11.0% to $505 million for Q3 2025 and 10.9% to $1.442 billion year-to-date [8, 39] - Adjusted EBITDA margin expanded by 28 bps to 5.0% for Q3 2025 and 29 bps to 4.9% year-to-date [8, 39] - Adjusted Diluted EPS grew by 25.9% to $1.07 for Q3 2025 and 26.7% to $2.94 year-to-date [8, 39] Strategic Initiatives and Growth - Independent Restaurant volume growth accelerated by 120 basis points to 3.9% [11] - Pronto business is on track to deliver approximately $950 million in sales this year and more than $1 billion run-rate by year-end [30] - The company is onboarding more than $100 million in annualized new business wins in Healthcare and Hospitality for the balance of 2025 [30] Cash Flow and Capital Allocation - Operating cash flow reached $1.076 billion year-to-date [44] - Approximately $335 million of shares were repurchased in Q3 [44, 64] - Net leverage stood at 2.6x, remaining within the target range of 2.0x - 3.0x [44, 64]

Q3 2025 Results November 6, 2025 stoneridge.com © 2025 stoneridge.com Non-GAAP Financial Measures This presentation contains information about the Company's financial results that is not presented in accordance with accounting principles generally accepted in the United States ("GAAP"). Such non-GAAP financial measures are reconciled to their closest GAAP financial measures at the end of this presentation. The provision of these non-GAAP financial measures for 2025 and 2024 is not intended to indicate that ...