Investor Presentation First Quarter 2025 Earnings May 7, 2025 May 2025 / © 2025 Remitly Inc. Disclosures Forward-Looking Statements This presentation contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact are forward-looking statements. These statements include, but are not limited to, statements regarding our future results of operations and financial position, including our fiscal year and seco ...

Financial Performance - Q1 2025 consolidated revenue declined by $1 million, a 1.1% decrease year-over-year[29] - Adjusted EBITDA decreased by $0.8 million, a 1.7% decrease year-over-year, with an adjusted EBITDA margin of 54.2%[31] - Adjusted EPS decreased by $0.03, a 2.1% decrease year-over-year[31] - Q1 2025 free cash flow was $33.7 million, compared to $35.8 million in Q1 2024[33] Corporate Business - Corporate revenue for Q1 2025 increased by 5.6% to $54.3 million, compared to $51.4 million in Q1 2024[13] - Corporate revenue retention rate was 101% in Q1 2025, compared to 97.9% in Q1 2024[13] - Total corporate customer count reached 60,000 in Q1 2025, compared to 55,000 in Q1 2024[13] SoHo Business - SoHo revenue for Q1 2025 was $32.8 million, compared to $36.8 million in the previous year, indicating a slowing rate of decline[16] - SoHo account base was 730,000 in Q1 2025, compared to 747,000 in Q4 2024[16] - SoHo churn rate was 3.26% in Q1 2025, compared to 3.38% in Q4 2024, representing the lowest churn rate in 14 quarters[16] Capital Allocation - Bond repurchases in Q1 2025 amounted to approximately $10 million face value, with an additional $6 million repurchased to date in Q2 2025[33] - Total bond repurchases to date reached $223 million for a cash outlay of $209 million[33] - The company's cash balance was approximately $53 million in Q1 2025[33] Financial Guidance - The company reaffirmed its full-year 2025 revenue guidance, projecting between $343 million and $357 million[35] - The company provided Q2 2025 revenue guidance, projecting between $85 million and $89 million[36]

Financial Performance & Liquidity - Century Aluminum reported Q1 2025 Adjusted EBITDA of $78 million, compared to $81 million in Q4 2024[9] - Net debt decreased to $442 million in Q1 2025 from $497 million in Q4 2024[9, 31] - The company has robust liquidity of $339 million, including $45 million in cash and $294 million in credit facility availability[9, 31] - Q1 2025 net income was $30 million, or $0.29 earnings per share, compared to $45 million, or $0.44 earnings per share in Q4 2024[31] - Q2 2025 Adjusted EBITDA is projected to be between $80 million and $90 million[37] Operational Highlights - Shipments increased slightly from 166,677 tonnes in Q4 2024 to 168,672 tonnes in Q1 2025[31] - Jamalco refinery achieved its highest quarterly production volume since acquisition, with a continued focus on cost improvements[9] - Grundartangi returned to full production levels in March following a minor power curtailment[9] - Mt Holly experienced emergency energy charges due to a polar vortex impact in South Carolina[9] Market Conditions & Outlook - Global aluminum inventory levels have fallen to only 46 days of consumption[9] - Energy prices increased in Q1 2025 due to the polar vortex in the U S, but Q2 Indy Hub prices are approximately 15% lower quarter-to-date[9] - The company expects to realize a higher Midwest Premium (MWP) moving forward, partially benefiting from the increased Section 232 tariff in Q1[9]

HIGHLIGHTS Q1-25 EARNINGS PRESENTATION MAY 7, 2025 © 2025 ACV Auctions, Inc. FORWARD LOOKING STATEMENTS Statements in this presentation regarding future performance and future expectations, beliefs, goals, plans or prospects include forward looking statements for purposes of federal and state securities laws, including statements regarding ACV's avenues for long term growth and total addressable market expansion, our financial guidance for the second quarter and full year of 2025, and operational and produc ...

Financial Performance - Net sales reached $834 million, a decrease of 7% compared to the previous year (PY)[3] - Non-GAAP operating income was $99 million, in line with the previous year[3] - Non-GAAP EPS was $1.04, an increase of $0.05 compared to the previous year[9] Segment Performance - **Pet Segment:** Net sales were $454 million, a decrease of 6% compared to the previous year[5]; Non-GAAP operating income was $66 million, an increase of 5% compared to the previous year[7] - **Garden Segment:** Net sales were $380 million, a decrease of 10% compared to the previous year[10]; Operating income was $59 million, an increase of 3% compared to the previous year[10] Key Highlights - Continued execution of the Cost & Simplicity program enhances efficiency[11] - Further eCommerce growth, fueled by centralized retail media efforts, new product introductions and improved content[11] - Record sales and online share leadership in Wild Bird[11] - Held market share in pet and garden with gains across several key categories including Dog Chews, Rawhide, Wild Bird and Grass Seed[11]

Q1 FY 2025 Investor Presentation May 2025 Tripadvisor Safe Harbor Statement Forward-Looking Statements. Our presentation today, including the slides contained herein, contains "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are not historical facts or guarantees of future performance and are based on management's assumptions and expectations, which are inherently subject to difficult to predict uncertainties, risks and changes in circ ...

Disclaimer Nasdaq: ARQ Q1 2025 Earnings Call May 7, 2025 This presentation contains forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, which provides a "safe harbor" for such statements in certain circumstances. When used in this presentation, the words "can," "will," "may," "intends," "expects," "anticipates." "continuing," "believes," similar expressions and any other statements that are not historical facts are intended to identify those assertions as for ...

First-Quarter 2025 Earnings Call May 7, 2025 Safe Harbor Statement Any statements contained in this presentation that are not historical facts are "forward-looking statements." These statements are based on the current expectations of the management of the Company, only speak as of the date on which they are made and are subject to uncertainty and changes in circumstances. The Company undertakes no obligation to update or revise forward-looking statements, whether as a result of new information, future even ...

Financial Performance - Q1 2025 - Sales and Merchandising Revenues reached $2,659 million, slightly down from $2,718 million in YTD '24[14] - Gross Profit increased to $153 million compared to $128 million in YTD '24[14] - Pretax Income decreased to $3 million from $14 million in YTD '24[14] - Adjusted EPS was $0.12, compared to $0.16 in YTD '24[14] - Adjusted EBITDA increased to $57 million from $51 million in YTD '24[14] Agribusiness - Q1 2025 - Agribusiness revenues were $1,993 million, down from $2,061 million in YTD '24[21] - Agribusiness gross profit increased to $119 million from $100 million in YTD '24[21] - Agribusiness reported a Pretax loss of $10 million, compared to a $3 million profit in YTD '24[21] - Agribusiness Adjusted EBITDA was $31 million, compared to $29 million in YTD '24[21] Renewables - Q1 2025 - Renewables revenues increased to $666 million from $657 million in YTD '24[27] - Renewables gross profit increased to $34 million from $29 million in YTD '24[27] - Renewables Pretax income increased to $25 million from $24 million in YTD '24[27] - Renewables Adjusted EBITDA was $37 million, compared to $34 million in YTD '24[27] Cash and Debt - Cash from Operations Before Working Capital Changes was $57 million in Q1'25, compared to $48 million in Q1'24[16, 45] - Short-term Debt was $223 million as of 3/31/2025[16] - Long-term Debt was $651 million as of 3/31/2025[18] - Capital Spending for Q1'25 was $47 million[18]

| Section | Page | | --- | --- | | Table of Contents - Investor Supplement - First Quarter 2025 | 2 | | Financial Highlights | 3 | | Summary of Earnings. | イ | | Earnings Per Share Summary | 5 | | Property and Casualty Insurance Segment | | | Property and Casualty Insurance - Summary Underwiting Results (GAAP) | | | Specialty - Underwriting Results (GAAP). | 7 | | Property and Transportation - Underwriting Results (GAAP). | 8 | | Specialty Casualty - Underwriting Results (GAAP) . | 9 | | Specialty Financial ...