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OCTOBER 29, 2026 Q4 FY26 EARNINGS
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2 FORWARD-LOOKING STATEMENTS AND NON-GAAP MEASURES Statements made in this presentation that are not historical are forward-looking statements made pursuant to the provisions of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. In addition to statements with respect to guidance, the terms “outlook,” “may,” “should,” “could,” “anticipate,” “believe,” “estimate,” “expect,” “objective,” “plan,” “project” and similar expressions are intended to identify forward- looking statements. Such forward-looking statements are subject to inherent risks and uncertainties that may cause actual results or events to differ materially from those contemplated by such forward-looking statements. The following is a list of factors, among others, that could cause actual results to differ materially from the forward-looking statements, general economic uncertainty; the impact of geopolitical activity, including the armed conflicts in the Middle East, including the impact on shipping in the area and the invasion of Ukraine by Russia and international sanctions imposed in response thereto; market conditions in the industrial, oil & gas, energy, power generation, infrastructure, commercial construction, truck and automotive industries, including as a result of significant volatility in oil prices resulting from disruptions in the oil markets as a result of geopolitical activity; supply chain risks, including disruptions in deliveries from suppliers due to political tensions and armed conflicts; uncertainties with respect to the imposition, or threat of imposition, of tariffs and other trade restrictions; uncertainties with respect to the ability of the Company to achieve its plans or objectives related to its growth strategy, including its ability to identify and successfully acquire attractive businesses on acceptable terms, or at all; risks and uncertainties with respect to the Company’s ability to recognize the anticipated benefits of the acquisition of SFE Group and risks that the acquisition disrupts current plans and operations of Enerpac Tool Group or SFE Group and that disruptions from the transaction may make it more difficult to maintain business and operational relationships, including retaining and hiring key personnel and maintaining relationships with SFE Group’s customers, distributors, vendors and others with whom it does business; uncertainties with respect to market acceptance of existing and new products, and price increases; risks and uncertainties with respect to achieving the successful integration of acquired businesses, as well as the impact of any dispositions and restructuring programs; the ability of the Company to continue to achieve or maintain operational improvements related to restructuring actions; operating margin risk due to competitive pricing and operating efficiencies; risks related to reliance on independent agents and distributors for the distribution and service of products; material, labor, or overhead cost increases; tax law changes; foreign currency risk; interest rate risk; commodity risk; litigation matters; cybersecurity risk; impairment of goodwill or other intangible assets; the Company’s ability to access capital markets and other risks and uncertainties that may be referred to or noted in the Company’s reports filed with the Securities and Exchange Commission from time to time, including those described in the Company’s Form 10-K for the fiscal year ended August 31, 2025 and its Form 10-Q for the period ended May 31, 2026. Enerpac Tool Group disclaims any obligation to publicly update or revise any forward-looking statements as a result of new information, future events or any other reason, except to the extent required by law. This presentation also contains financial measures that are not measures presented in conformity with GAAP. These non-GAAP measures include organic sales, EBITDA, adjusted EBITDA, adjusted EBITDA margin, adjusted net earnings, adjusted diluted earnings per share, adjusted operating profit, segment adjusted operating profit and adjusted EBITDA, adjusted SG&A expense, free cash flow, and net debt. The supplemental financial schedules appended at the end of this presentation include reconciliations of these non-GAAP measures to the most comparable GAAP measure. Management believes the non-GAAP measures presented in this presentation are commonly used financial measures for investors to evaluate Enerpac Tool Group’s operating performance and financial position with respect to the periods presented and, when read in conjunction with the condensed consolidated financial statements, present a useful tool to evaluate ongoing operations and provide investors with metrics they can use to evaluate aspects of the Company’s performance from period to period. In addition, these are some of the financial metrics management uses in internal evaluations of the overall performance of the Company’s business. Management acknowledges that there are many items that impact a company’s reported results and the adjustments reflected in these non-GAAP measures are not intended to present all items that may have impacted these results. In addition, these non-GAAP measures are not necessarily comparable to similarly titled measures used by other companies. Adjusted diluted earnings per share anticipated for fiscal year 2027 is calculated in a manner consistent with the historical presentation of that measure in the accompanying tables. Because of the forward-looking nature of this estimate, it is impractical to present a quantitative reconciliation of this non-GAAP measure to the comparable GAAP measure, and accordingly no such GAAP measure for that period is being presented.
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3 HIGHLIGHTS * Organic sales is a non-GAAP measure and excludes the impact of foreign exchange rates and recent acquisitions and dispositions identified in the accompanying reconciliations to GAAP measures. ** Non-GAAP measure. See the accompanying reconciliations to GAAP measures. Closed fiscal 2026 with a strong Q4, supported by broad-based product strength across the Americas, encouraging trends in our service business, and robust cash generation +10% Q4 organic* growth, led by IT&S Americas +11% / +9% Q4 IT&S organic* growth in product / service $652M Record full-year revenue since the 2019 relaunch, driven by Q4 momentum +30% Full-year free cash flow** growth, with a strong balance sheet Oct 28 SFE Group acquisition completed Nov 4 Investor Day, in which we will discuss our new PROPEL strategy for continued investment in innovation and growth
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4 (1) Organic sales is a non-GAAP measure and excludes the impact of foreign exchange rates and recent acquisitions and dispositions identified in the accompanying reconciliations to GAAP measures. (2) The summation of individual components may not equal the total due to rounding. Q4 FISCAL 2026 REVENUE BREAKDOWN Net Sales Q4 FY26 Net Sales Q4 FY25 Change Organic Growth(1) IT&S Product $149 $135 11% 11% IT&S Service $30 $27 11% 9% Total IT&S $179 $162 11% 10% Other (Cortland Biomedical) $7 $6 13% 13% Total Enerpac Tool Group(2) $186 $168 11% 10% $ in millions
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5* Organic sales is a non-GAAP measure and excludes the impact of foreign exchange rates and recent acquisitions and dispositions identified in the accompanying reconciliations to GAAP measures. IT&S Q4 YOY ORGANIC GROWTH BY REGION* Region Q4 YoY Organic Sales Growth* Standard Products Heavy Lifting Technology Service Q4 Highlights AMERICAS +24% Strong growth Strong growth Strong growth EMEA -1% Growth Strong decline Strong growth APAC +2% Growth Strong growth Strong decline • Broad-based product and HLT growth across core distribution, national accounts, and specialty distribution • Strength in data center build-out, power generation, and defense • Encouraging service trends in the quarter • New defense orders in Germany for standard products added to backlog • HLT remains solid; difficult comparison to prior year • First quarterly growth in Service revenue in fiscal 2026 from LNG maintenance and shutdown work • New product momentum in India, Korea, and Australia • HLT wins in Q4, including e-movers and gantries • Service business (albeit small) impacted by macro and geopolitical events Strong growth Double digits (10%+) Growth Single digits (1% to <10%) Flat ±1% Strong decline Double digits (−10% or more) Decline Single digits (−1% to −10%)
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6 (1) Organic sales is a non-GAAP measure and excludes the impact of foreign exchange rates and recent acquisitions and dispositions identified in the accompanying reconciliations to GAAP measures. (2) The summation of individual components may not equal the total due to rounding. FISCAL 2026 REVENUE BREAKDOWN Net Sales FY26 Net Sales FY25 Change Organic Growth(1) IT&S Product $520 $479 9% 6% IT&S Service $106 $117 -9% -12% Total IT&S $626 $596 5% 3% Other (Cortland Biomedical) $26 $21 23% 23% Total Enerpac Tool Group(2) $652 $617 6% 4% $ in millions
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7* Organic sales is a non-GAAP measure and excludes the impact of foreign exchange rates and recent acquisitions and dispositions identified in the accompanying reconciliations to GAAP measures. IT&S FY26 YOY ORGANIC GROWTH BY REGION* Region FY26 YoY Organic Sales Growth* Standard Products Heavy Lifting Technology Service FY26 IT&S Regional Product & Service Breakdown AMERICAS +10% Growth Strong growth Decline EMEA -3% Growth Growth Strong decline APAC -1% Flat Growth Strong decline 41% 6%12%<1% 30% 10% Americas Product Americas Service APAC Product APAC Service EMEA Product EMEA Service Strong growth Double digits (10%+) Growth Single digits (1% to <10%) Flat ±1% Strong decline Double digits (−10% or more) Decline Single digits (−1% to −10%)
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8 (1) Adjusted SG&A, adjusted EBITDA, adjusted EBITDA margin, and adjusted EPS are non-GAAP measures and exclude restructuring and other charges identified in the accompanying reconciliations to GAAP measures. The calculation of year-over-year changes in basis points may differ due to rounding. Q4 FISCAL 2026 PROFITABILITY $ in millions, except EPS Q4 FY26 Q4 FY25 YoY Change MARGINS (% OF SALES) Gross Margin 47.0% 50.1% -310 bps Adjusted SG&A % of Sales(1) 25.5% 24.9% +60 bps Adjusted EBITDA Margin(1) 22.6% 26.5% -390 bps RESULTS Adjusted EBITDA(1) $42M $44M -5.4% Adjusted Diluted EPS(1) $0.53 $0.52 +1.9%
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9 (1) Adjusted SG&A, adjusted EBITDA, adjusted EBITDA margin, adjusted EPS, and free cash flow after adjustments are non-GAAP measures and exclude restructuring and other charges identified in the accompanying reconciliations to GAAP measures. Free cash flow is a non-GAAP measure calculated as cash from operations less capital expenditures. The calculation of year- over-year changes in basis points may differ due to rounding. FISCAL 2026 PROFITABILITY $ in millions, except EPS FY26 FY25 YoY Change MARGINS (% OF SALES) Gross Margin 49.2% 50.5% -130 bps Adjusted SG&A % of Sales(1) 26.9% 26.8% +10 bps Adjusted EBITDA Margin(1) 23.7% 24.9% -120 bps RESULTS Adjusted EBITDA(1) $154M $154M +0.4% Adjusted Diluted EPS(1) $1.87 $1.81 +3.3% Free Cash Flow(1) $120M $92M +30.0%
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10 STRONG LIQUIDITY & BALANCE SHEET *As of August 31, 2026, calculated in accordance with the terms of the Company’s September 2022 amended and restated Senior Credit Facility. **The Company calculates free cash flow as cash from operations, less capital expenditures. ***On October 16, 2026, the Company closed on a new senior credit facility, which includes a $300 million term loan and a $550 million revolving credit facility. Invest in Ourselves Invest in Commercial Excellence, Innovation, and Operational Excellence Maintain Our Strong Balance Sheet Target Leverage of 1.5x – 2.5x Opportunistically Returning Capital to Shareholders ~$120 million remaining under authorization Execute Value Creating M&A Cash & Equivalents $175 Revolver Capacity (Undrawn)*** $625 Total Liquidity $800 Total Debt $182 Net Debt / Adj. EBITDA* 0.1x ASSET-LIGHT MODEL ENABLES STRONG FCF** $ in millions at August 31, 2026 $ in millions $44 $69 $70 $92 $120 1.2% 1.5% 1.9% 3.1% 1.6% FY22 FY23 FY24 FY25 FY26 FCF Capital Expenditures % of Revenue NEW CREDIT F ACILITY SIGNED OCTOBER 16, 2026LIQUIDITY A T YEAR END (UNDER PRIOR F ACILITY) • Renewed and expanded credit facility • New 5-year facility increases capacity to $850M consisting of a $300M term loan and $550M revolver • Additional $425M accordion feature provides the option for future M&A • Strong bank support: all participating lenders increased commitments • New facility enables us to continue our capital allocation priorities:
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11 COMPLETED THE SFE GROUP ACQUISITION ON OCTOBER 28 ▪ Purchase price of ~$472M, consisting of ~$452M in cash and $20M of equity awards granted in lieu of transaction bonuses.Cash portion funded with cash on hand, an expanded $300M term loan, and borrowings under a new $550M revolving credit facility ▪ Purchase price represents 10.6x trailing adjusted EBITDA and 9.5x trailing adjusted EBITDA with synergies expected to be realized within three years ▪ Expect the acquisition to be accretive to FY27 adjusted EPS(2) ▪ Estimated transaction cost of ~$8M, integration costs of $10M to $14M, synergies of $4M to $6M by Year 3 Strong Free Cash Flow Profile Enables Debt PaydownTTM March 2026 SFE Group FY26 EPAC Sales ~$170M $652M Adjusted EBITDA ~$44M $154M (1) TTM = trailing twelve months. (2) Adjusted for transaction costs, integration costs, and non-cash acquisition-related charges. (3) Calculated in accordance with the terms of the Company's new senior credit facility closed on October 16, 2026, including ~$44M of SFE Group TTM adjusted EBITDA. Preliminary estimate, subject to change. (1) ~2.3x Target leverage: 1.5x–2.5x Estimated net leverage at close(3) Including payments and borrowings at closing
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12 FY27 GUIDANCE 1 Non-GAAP measure. Reconciliation of Adjusted EBITDA and Adjusted Diluted EPS is not practicable and is not provided. 2 Depreciation and amortization guidance excludes the impact of SFE purchase accounting Fiscal 2027 guidance includes approximately 10 months of SFE Group NET SALES $825M – $845M 4% – 6% organic growth ADJUSTED EBITDA1 $195M – $205M ADJUSTED DILUTED EPS1 $2.00 – $2.15 MACRO ASSUMPTIONS Key FX rates $1.13/1€ | $1.33/1£ Tariffs No substantial change ASSUMPTIONS Depreciation & amortization2 $26M – $30M Interest expense $30M – $34M Adj. tax rate 22% – 26% Share count 51M – 52M Capex as % of Sales 2% to 3%
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INTRODUCING PROPEL 13 GROW in Attractive End Markets with Commercial Excellence Lifecycle Value via Service DIFFERENTIATE through Product-First, Application-Led Innovation EXPAND through Operational Excellence Initiatives, including Inventory Management and Service Expansion LEARN MORE AT OUR INVESTOR DAY | NOVEMBER 4, 2026 | NYSE We built our new strategy and have been executing on it for the past several quarters
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14 ACCELERATING INNOVATION HydraPac Diesel Split- Flow Pump Battery Split-Flow Pump IntelliLift 2.0 Controller Cribbing Rings Skid Track System Toe Jacks Lightweight Torque Wrench Pump (LU-Series) Battery-Powered Dual Machine Skate Set Undermount Rail Puller ARMOR Stack Modular Kit System – Phase 1 Simplex Electric Pump Redesign These figures include engineering and development resources for new products and significant product improvements 11 products launched in FY26 Investing in R&D R&D expense, $ in millions $12 $14 $15 FY24 FY25 FY26
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CONCLUSION 15 Heading into fiscal 2027 with momentum 01 Product Strength Broad-based product strength across the Americas 02 Service Business Encouraging trends in our service business 03 Financial Flexibility Strong cash flow and balance sheet provide the flexibility to pursue our growth strategy 04 SFE Group Acquisition complete, further strengthening our position as a premier industrial solutions company
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JOIN US AT OUR INVESTOR DAY 16 01 Leadership Presentations CEO Paul Sternlieb, CFO Darren Kozik, and the Executive Leadership Team will present our long- term strategy, innovation pipeline, and multi-year financial framework 02 Live Product Demonstrations See Enerpac products up close and speak directly with our product experts to learn what truly differentiates Enerpac 03 Leadership Luncheon Meet management immediately following the presentations
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APPENDIX 17
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18 RECONCILIATION OF NON-GAAP MEASURES ($ IN MILLIONS) The Enerpac Tool Group fiscal 2026 Q4 earnings release and full GAAP to non-GAAP reconciliation is available online at https://ir.enerpactoolgroup.com/ The summation of individual components may not equal the total due to rounding. Consolidated & Other Organic Sales* IT&S Organic Sales by Category* IT&S Region Organic Sales*
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19 RECONCILIATION OF NON-GAAP MEASURES ($ IN MILLIONS) The Enerpac Tool Group fiscal 2026 Q4 earnings release and full GAAP to non-GAAP reconciliation is available online at https://ir.enerpactoolgroup.com/ The summation of individual components may not equal the total due to rounding. Consolidated & Other Organic Sales* IT&S Organic Sales by Category* IT&S Region Organic Sales*
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20 RECONCILIATION OF NON-GAAP MEASURES ($ IN MILLIONS, EXCEPT PER SHARE) The Enerpac Tool Group fiscal 2026 Q4 earnings release and full GAAP to non-GAAP reconciliation is available online at https://ir.enerpactoolgroup.com/ The summation of individual components may not equal the total due to rounding.
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21 RECONCILIATION OF NON-GAAP MEASURES ($ IN MILLIONS, EXCEPT PER SHARE) The Enerpac Tool Group fiscal 2026 Q4 earnings release and full GAAP to non-GAAP reconciliation is available online at https://ir.enerpactoolgroup.com/ The summation of individual components may not equal the total due to rounding.
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22 RECONCILIATION OF NON-GAAP MEASURES ($ IN MILLIONS, EXCEPT PER SHARE) The Enerpac Tool Group fiscal 2026 Q4 earnings release and full GAAP to non-GAAP reconciliation is available online at https://ir.enerpactoolgroup.com/ The summation of individual components may not equal the total due to rounding.
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23 NOTES TO RECONCILIATION OF NON-GAAP MEASURES (1) EBITDA represents net earnings before financing costs, net, income tax expense, and depreciation & amortization. Neither EBITDA nor adjusted EBITDA are calculated based upon generally accepted accounting principles ("GAAP"). The amounts included in the EBITDA and adjusted EBITDA calculation, however, are derived from amounts included in the Condensed Consolidated Statements of Earnings. EBITDA and adjusted EBITDA should not be considered as alternatives to net earnings, operating profit or operating cash flows. The Company has presented EBITDA and adjusted EBITDA because it regularly reviews these performance measures. In addition, EBITDA and adjusted EBITDA are used by many of our investors and lenders, and are presented as a convenience to them. The EBITDA and adjusted EBITDA measures presented may not always be comparable to similarly titled measures reported by other companies due to differences in the components of the calculation. (2) Adjusted earnings and adjusted diluted earnings per share represent net earnings and diluted earnings per share per the Condensed Consolidated Statements of Earnings net of charges or credits for items to be highlighted for comparability purposes. These measures are not calculated based upon GAAP and should not be considered as an alternative to net earnings or diluted earnings per share or as an indicator of the Company's operating performance. However, this presentation is important to investors for understanding the operating results of Enerpac T ool Group. For all reconciliations of GAAP measures to Non-GAAP measures, the summation of the individual components may not equal the total due to rounding. With respect to the earnings per share reconciliations the impact of share dilution on the calculation of the net earnings or loss per share and discontinued operations per share may result in the summation of these components not equaling the total earnings per share from continuing operations.
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