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CRANE NXT SECOND QUARTER 2026 FINANCIAL RESULTS August 6 , 2026
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FORWARD-LOOKING STATEMENTS - DISCLAIMER 2 Total Crane NXT 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, including statements regarding outlook for 2026 or any other period, dividend payments, or the timing of any of the foregoing. Words such as “anticipate(s),” “expect(s),” “intend(s),” “believe(s),” “plan(s),” “may,” “will,” “would,” “could,” “should,” “seek(s),” and similar expressions, or the negative of these terms, are intended to identify such forward-looking statements. These statements are based on management’s current expectations and beliefs and are subject to a number of risks, uncertainties and other important factors that could lead to actual results differing materially from those projected, forecasted or expected. The Company assumes no (and disclaims any) obligation to revise or update these statements to reflect future events or circumstances. Although the Company believes that the assumptions underlying the forward-looking statements are reasonable, it can give no assurance that its expectations will be attained. The Company cautions investors not to place undue reliance on any such forward-looking statements. Risks and uncertainties that could cause actual results to differ materially from the Company's expectations include, but are not limited to: the impact of tariffs and other trade measures; changes in global economic conditions (including inflationary pressures) and geopolitical risks, including macroeconomic fluctuations; demand for its products, which is variable and subject to factors beyond its control; risks associated with conducting a substantial portion of its business outside the U.S., including the risk of tariffs and other trade measures by the U.S. and other countries; information systems and technology networks failures, breaches in data security, theft of personally identifiable and other information, and non-compliance with its contractual or other legal obligations regarding such information; being unable to identify or complete acquisitions, or to successfully integrate the businesses the Company acquires; fluctuation in the prices of, or disruption in its ability to source, components and raw materials, and delays in the distribution of its products; loss of personnel or being able to hire and retain additional personnel needed to sustain and grow its business as planned; being unable to successfully develop and introduce new products, which would limit its ability to grow and maintain its competitive position; governmental regulations and failure to comply with those regulations; the ability to protect its intellectual property; risks from litigation, claims and investigations, including those related to product liability and warranties, and employee, commercial, intellectual property and environmental matters; risks related to its ability to improve productivity, reduce costs and align manufacturing capacity with customer demand; significant competition in the Company's markets; additional tax expenses or exposures; adverse impacts from intangible asset impairment charges; inadequate or ineffective internal controls; and risks related to the separation in 2023 from Crane Company, including not obtaining the intended tax treatment of the separation transaction, failure of Crane Company to perform under the various transaction agreements and actual or potential conflicts of interest with Crane Company. Readers should carefully review Crane NXT, Co.’s financial statements and the notes thereto, as well as the section entitled “Risk Factors” in Item 1A of Crane NXT, Co.’s Annual Report on Form 10-K for the year ended December 31, 2025, as updated by its Quarterly Reports on 10-Q and the other documents Crane NXT, Co. and its subsidiaries file from time to time with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. This presentation contains non-GAAP financial measures. We have provided additional information regarding these non-GAAP financial measures and reconciliations of those measures to the most directly comparable GAAP measures at the end of this presentation. Due to rounding, numbers presented throughout this report may not add up precisely to totals we provide, and percentages may not precisely reflect the absolute figures.
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3 DELIVERING ON OUR VALUE CREATION PRIORITIES Accelerating organic growth Building on our leadership positions Driving operational excellence through CBS 1 Please see the appendix for Non-GAAP reconciliations and explanations. +22% sales growth; +3% organic Antares Vision integration on-track +13% Adj. EPS growth; Raising full year Adj. EPS guidance Our Priorities Q2 Results1
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Q2 2026 RESULTS SUMMARY 4 1 Please see the appendix for Non-GAAP reconciliations and explanations. Continued momentum in SAT; Antares Vision performance on-track Sales Strong organic margin expansion, dilution as expected from Antares Vision Adj. EBITDA1 Increase from operational performance flow-through Adj. EPS1 FCF conversion of ~124%; On-track for full year conversion of ~90% to ~110% Adj. FCF1 $404M $493M Q2 2025 Q2 2026 $98M $115M Q2 2025 Q2 2026 24% 23% $0.97 Q2 2025 Q2 2026 +22% +3% Organic1 +1% FX +18% -80 bps +150 bps Organic1 +13% $67M Q2 2025 Q2 2026 +$12M $1.10 $79M
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SECURITY AND AUTHENTICATION TECHNOLOGIES (SAT) Q2 RESULTS 5 Continued strong international currency demand; Authentication performing as expected Currency backlog at record-high levels; booking orders into 2028 Realizing Authentication synergies; Positive impact from Currency productivity programs Sales Adj. EBITDA1 Backlog 1 Please see the appendix for Non-GAAP reconciliations and explanations. $193M $227M Q2 2025 Q2 2026 $49M $59M Q2 2025 Q2 2026 26% 26% $447M $498M Q2 2025 Q2 2026 +17% +10% Organic1 +2% FX +20% +30 bps +200 bps Organic1 +11%
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DETECTION AND TRACEABILITY TECHNOLOGIES (DTT) Q2 RESULTS 6 Antares Vision on-track; ~MSD growth in CPI service offset by lower sales in hardware and vending Antares Vision adds ~$125M; CPI book-to-bill ~1x Significant organic margin expansion; Antares Vision performing as expected Sales Adj. EBITDA1 Backlog 1 Please see the appendix for Non-GAAP reconciliations and explanations. $211M $267M Q2 2025 Q2 2026 $59M $70M Q2 2025 Q2 2026 28% 26% $144M $257M Q2 2025 Q2 2026 +26% -3% Organic1 -1% FX +19% -170 bps +240 bps Organic1 +79%
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STRONG BALANCE SHEET AND CAPITAL STRUCTURE 7 Net Debt Net Leverage1 June 30, 2026 Fixed-rate debt 6.55% USD Bonds due 2036 4.20% USD Bonds due 2048 Term Loan A - GBP Term Loan B - EUR Gross Debt Cash and Cash Equivalents Net Debt $200 $350 $245 $491 $1,484 $231 $1,253 $184Revolver Variable-rate debt 1 Please see the appendix for Non-GAAP reconciliations and explanations. $14Other Expecting Net Leverage1 of ~2.3x at year end 2.3X 2.9X 2.7X ~2.5X ~2.3X Dec. 2025 Mar. 2026 Jun. 2026 Sep. 2026F Dec. 2026F Antares Vision Acquisition
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UPDATED GUIDANCE RAISING 2026 GUIDANCE 8 1 Represents growth over FY 2025. 2 Please see the appendix for Non-GAAP reconciliations and explanations. DOLLARS IN MILLIONS +15% to +17% Other Information: ~$80Non-Operating Expense, Net $4.22 to $4.42Adjusted EPS2 ~90% to ~110%Adj. Free Cash Flow Conversion2 Adjusted EBITDA Margin2 ~24% Adjusted Segment EBITDA Margin2 ~27% Crane NXT Sales Growth1 ~$58Corporate Expense PREVIOUS GUIDANCE +15% to +17% ~27% ~24% $4.10 to $4.40 ~$58 ~$85 ~90% to ~110% SAT segment sales growth DTT segment sales growth ~HSD Low 20’s% ~HSD to ~LDD Low 20’s% Increased EPS guidance driven by: • Expected increased sales in SAT based on strong demand • Improvement in non-operating expense from debt paydown and lower borrowing costs
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9 DELIVERING ON OUR VALUE CREATION PRIORITIES Accelerating organic growth Investing in differentiated technology and capabilities to capture market tailwinds Building on our leadership positions Applying our disciplined capital allocation process to expand our leadership positions in authentication and traceability technologies Driving operational excellence through CBS Deploying the Crane Business System to drive margin expansion and strong free cash flow
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APPENDIX
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2026 SALES GROWTH GUIDANCE 11 1 Please reference the Non-GAAP reconciliations and explanations in the appendix. 2 Figures presented represent approximations and do not sum due to rounding. Total Crane NXT 0% to +1% 0% to +2% +14% to +15% DTT -1% to -3% 0% to +1% +21% to +23% SAT +3% to +4% +1% to +3% +4% to +5% +9% to +11% +15% to +17% Organic1 FX Acquisitions Total2 +23% to +25%
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NON-GAAP EXPLANATIONS 12 Total Crane NXT Crane NXT reports its financial results in accordance with U.S. generally accepted accounting principles (“GAAP”). This presentation includes certain non- GAAP financial measures, including Adjusted EBITDA, Adjusted EBITDA margin, Adjusted EPS, free cash flow, and Adjusted free cash flow, that are not prepared in accordance with GAAP. These non-GAAP measures are an addition, and not a substitute for or superior, to measures of financial performance prepared in accordance with GAAP and should not be considered as an alternative to operating income, net income or any other performance measures derived in accordance with GAAP. The Company's management believes that these non-GAAP measures of financial results (including on a forward- looking or projected basis) provide useful supplemental information to investors about Crane NXT. However, there are a number of limitations related to the use of these non-GAAP measures and their nearest GAAP equivalents. For example, other companies may calculate non-GAAP measures differently or may use other measures to calculate their financial performance, and therefore the Company's non-GAAP measures may not be directly comparable to similarly titled measures of other companies. "Special items" are items that are not incurred in all periods, the size of these items is difficult to predict, and none of these items are indicative of the operations of the underlying businesses. Management believes that non-GAAP financial measures that exclude these items provide investors with an alternative metric that can assist in predicting future earnings and profitability that are complementary to GAAP metrics. Special items consist of: • Transaction related expenses including acquisition related expenses such as incremental professional fees associated with closing and integration of acquisitions. • Acquired intangible asset amortization. • Acquisition related adjustments primarily reflect purchase accounting adjustments arising from acquisitions, including fair value step-ups (such as the amortization of acquisition-related inventory). These adjustments include the fair value remeasurement of the Company’s equity-method investment in Antares Vision as of the acquisition date, as well as stock-based compensation issued to Antares Vision senior management in connection with the acquisition, and debt extinguishment costs related to the early repayment of assumed debt. • Restructuring and related costs are predominantly related to severance charges associated with the integration of the DLR and OpSec businesses, and the alignment of DTT's cost structure with existing economic conditions. These costs include formal restructuring programs as well as other discrete actions. Certain costs included in this adjustment are not reported as restructuring charges in the GAAP results due to their immateriality.
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NON-GAAP EXPLANATIONS 13 Total Crane NXT Reconciliations of certain forward-looking and projected non-GAAP measures, including Adjusted segment EBITDA margin and Adjusted EPS, to the closest corresponding GAAP measure are not available without unreasonable efforts due to the high variability, complexity and low visibility with respect to the charges excluded from these non-GAAP measures, which could have a potentially significant impact on Crane NXT's future GAAP results. Crane NXT calculates Adjusted segment EBITDA margin and Adjusted EPS as described below. • "Adjusted Segment EBITDA" excludes net interest expense, tax expense and depreciation and amortization expense from net income, as well as special items. "Adjusted segment EBITDA margin" is calculated as Adjusted segment EBITDA divided by sales. • "Adjusted EPS" is calculated as Adjusted net income divided by diluted shares. Adjusted net income is calculated as net income excluding special items, the tax effect of these adjustments and other discrete tax items. The Company's management believes that each of the following non-GAAP measures provides useful information to investors regarding the Company’s financial conditions and operations: "Adjusted net income" and "Adjusted EPS" exclude special items, the tax effect of these adjustments and other discrete tax items which are outside of the Company's underlying business performance, some of which may or may not be non-recurring, and which management believes may complicate the presentation of the Company’s underlying earnings and operational performance.
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NON-GAAP EXPLANATIONS 14 Total Crane NXT • “Free cash flow,” “Adjusted free cash flow” and "Adjusted free cash flow conversion” provide supplemental information to assist management and investors in analyzing the Company’s ability to generate liquidity from its operating activities. The measure of free cash flow does not take into consideration certain other non-discretionary cash requirements such as, for example, mandatory principal payments on the Company’s long-term debt. Free cash flow is calculated as cash provided by operating activities less capital expenditures. Adjusted free cash flow is calculated as free cash flow adjusted for certain cash items which management believes may complicate the interpretation of the Company’s underlying free cash flow performance such as certain transaction related cash flow items. Adjusted free cash flow conversion is calculated as Adjusted free cash flow divided by Adjusted net income. These items are not incurred in all periods, the size of these items is difficult to predict, and none of these items are indicative of the operations of the underlying businesses. Management believes that non-GAAP financial measures that exclude these items provide investors with an alternative metric that can assist in predicting future cash flows that are complementary to GAAP metrics. • "Adjusted EBITDA" and "Adjusted EBITDA margin" exclude net interest expense, tax expense, depreciation and amortization expense and special items. "Adjusted operating profit (loss)" excludes special items described above that impact operating profit. Management believes that non-GAAP financial measures that exclude these items provide investors with an alternative metric that can assist in predicting future earnings and profitability that are complementary to GAAP metrics. • "Net leverage ratio" refers to Net debt divided by trailing twelve months (TTM) pro forma Adjusted EBITDA. "Net debt" represents total debt (excluding deferred financing costs), including acquired debt from Antares Vision acquisition, less cash and cash equivalents. The TTM Adjusted EBITDA includes the Antares Vision TTM Adjusted EBITDA for periods prior to the acquisition. Management believes that these non- GAAP financial measures provide useful information about our ability to satisfy our debt obligations. • References to "organic," such as "organic sales," exclude currency effects and, where applicable, the first-year impacts of acquisitions and divestitures. Management believes that non-GAAP financial measures that exclude these items provide investors with an alternative metric that can assist in identifying underlying growth trends in our business and facilitate comparison of our sales performance, for example, with prior and future periods that are complementary to GAAP metrics.
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15 NON-GAAP FINANCIAL MEASURES FOR CRANE NXT, CO. Non-GAAP Financial Measures (unaudited, in millions, except per share data) Totals may not sum due to rounding. *Please see the Non-GAAP Financial Measures definitions in this presentation.
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16 NON-GAAP FINANCIAL MEASURES FOR CRANE NXT, CO. Non-GAAP Financial Measures (unaudited, in millions, except per share data) Totals may not sum due to rounding. *Please see the Non-GAAP Financial Measures definitions in this presentation.
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17 NON-GAAP FINANCIAL MEASURES FOR CRANE NXT, CO. Non-GAAP Financial Measures by Segment (unaudited, in millions) *Please see the Non-GAAP Financial Measures definitions in this presentation. 1 Excludes depreciation and amortization associated with acquisition-related fair value step-ups.
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18 NON-GAAP FINANCIAL MEASURES FOR CRANE NXT, CO. Non-GAAP Financial Measures by Segment (unaudited, in millions) *Please see the Non-GAAP Financial Measures definitions in this release. *Please see the Non-GAAP Financial Measures definitions in this presentation.
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19 *The TTM Adjusted EBITDA includes Antares Vision for periods prior to the acquisition on March 31, 2026. Please refer to the Non- GAAP Financial Measures tables in prior quarter releases and in this presentation. NON-GAAP FINANCIAL MEASURES FOR CRANE NXT, CO. Free Cash Flow, Net Leverage Ratio (unaudited, in millions, except net leverage ratio) 1 Represents cash paid for transaction related expenses. *Please see the Non-GAAP Financial Measures tables in this presentation.