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1© 2026 Hawkins, Inc. Published: October 2026 FISCAL 2027 Q2 INVESTOR PRESENTATION
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2© 2026 Hawkins, Inc. The information contained in this presentation includes “forward-looking statements” which reflect management’s expectations or beliefs as of the date of this presentation. Hawkins, Inc. cautions that actual future results could differ materially from the forward-looking statements in this presentation. Actual results may be affected by many important factors including risks and uncertainties identified in the section captioned Risk Factors in Item 1A of Hawkins, Inc.’s Annual Report on Form 10-K. Hawkins disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. FORWARD-LOOKING STATEMENTS
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3© 2026 Hawkins, Inc. HAWKINS OVERVIEW STRATEGIC FOCUS FINANCIALS REPORTING SEGMENTS APPENDIX AGENDA
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4© 2026 Hawkins, Inc. HAWKINS, INC. AT A GLANCE FISCAL 2026 YEAR -END SNAPSHOT $1.1 Billion 2026 REVENUE 1.4x DEBT TO ADJ. EBITDA Dividend SINCE 1985 HWKN NASDAQ 1,200 EMPLOYEES 15% EPS 5-YEAR CAGR
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5© 2026 Hawkins, Inc. WATER TREATMENT FOOD & HEALTH SCIENCES INDUSTRIAL SOLUTIONS REPORTING SEGMENTS – FY26 REVENUE AND MARKETS SERVED 50% $543.3M 30% $320.7M 20% $219.7M ▪ Municipal Drinking Water ▪ Municipal Wastewater ▪ Industrial Wastewater ▪ Pools & Aquatics ▪ Agriculture Water ▪ Nutrition ▪ Pharmaceuticals ▪ Food Ingredients ▪ Agriculture (Fertilizers) ▪ Manufacturing ▪ Surface Finishing ▪ Oil & Gas ▪ Mining
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6© 2026 Hawkins, Inc. CORE VALUES OUR MISSION TO SUPPLY QUALITY PRODUCTS AND INNOVATIVE SOLUTIONS WITH EXCEPTIONAL SERVICE. OUR PROMISE TO RESPOND QUICKLY TO CHANGING CUSTOMER NEEDS WITH A FOCUS ON SAFETY , TECHNICAL EXPERTISE, AND RESPONSIBLE CARE OF THE ENVIRONMENT AND OF OUR COMMUNITY . MISSION, PROMISE AND CORE VALUES
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7© 2026 Hawkins, Inc. EXPANDING NATIONAL FOOTPRINT 69 Locations ✓ 57 Branch Locations ✓ Manufacturing operations at 15 Sites ✓ 2 Main Offices ✓ Over 2 Million Square Feet of Manufacturing and Warehouse Space ✓ 5 Locations with both Rail and Barge access ✓ 7 Additional Locations with rail access
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8© 2026 Hawkins, Inc. COMMODITIES TURNED INTO VALUE -ADDED PRODUCTS Chlorine Sodium Hydroxide Sulfuric Acid Phosphoric Acid Lactic Acid Citric Acid Potassium Hydroxide Urea Aluminum Hydrochloric Acid Nitric Acid Permanganate Phosphate Salts Ferric Chloride Acetic Acid Sodium Hypochlorite (Bleach) Corrosion Control Blends Coagulants Fertilizers Antimicrobials For Meat Processing Sequestering Blends Radium Removal Oxidants Cheese Emulsifiers Sanitizers Flocculants COMMODITIES FORMULATED PRODUCTS APPLICATIONS Ammonium Hydroxide Vinegar Stabilizers For Non-Dairy Creamers MUNICIPAL & INDUSTRIAL WATER/WASTEWATER MEAT GROWING, PROCESSING AND PROTECTION AGRICULTURE NUTRIENTS FOOD MANUFACTURING
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9© 2026 Hawkins, Inc. BUILDING BUSINESS ON RELATIONSHIPS AND SOLUTIONS
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10© 2026 Hawkins, Inc. PRODUCT MANUFACTURING SHARED ACROSS BUSINESS UNITS
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11© 2026 Hawkins, Inc. STRONG TRACK RECORD OF ACCRETIVE ACQUISITIONS 26 ACQUISITIONS IN THE LAST 15 YEARS 19 ACQUISITIONS IN THE LAST 5 YEARS LEGEND: Water Treatment Industrial Solutions Food & Health Sciences 2011 20252012 2013 2014 2015 2020 2021 2022 2023 2024….. Ingredient Works Stauber American Development Corporation C&L Aqua & LC Blending Southeast Water Systems NAPCO Chemical Co. Miami Products Water Solutions Industrial Research Corp. Intercoastal Trading Wofford Water Service Water Guard Vertex Chemical Adv. Chemical Solutions Dumont Company Davis Supply Water & Waste Specialties EcoTech Enterprises WaterSurplus Amerochem Hendrickson Enterprises PhillTech LLC StillWaters Technology Redbird Chemical Aqua-Chem 2026 Dave Symonds Eagle Labs
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12© 2026 Hawkins, Inc. CONSISTENT RETURN OF CAPITAL TO SHAREHOLDERS DIVIDENDS & SHARE REPURCHASES (IN MILLIONS) 9.7% 5yr DIVIDEND CAGR 41 CONSECUTIVE YEARS OF CASH DIVIDENDS 0.5% DIVIDEND YIELD $10.0 $11.1 $12.0 $13.2 $14.6 $15.7 $4.1 $8.5 $6.6 $11.3 $20.7 - 5.0 10.0 15.0 20.0 25.0 30.0 35.0 40.0 FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 Dividends Share Repurchases FY2021 FY2022 FY2023 FY2024 FY2025 FY2026 Dividends per Share $0.47 $0.52 $0.57 $0.63 $0.70 $0.75 Share repurchases are to offset dilution.
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13© 2026 Hawkins, Inc. ANNUAL STOCK PERFORMANCE - 50 100 150 200 250 300 350 400 450 500 2021 2022 2023 2024 2025 2026 Hawkins, Inc. Nasdaq Industrial Index Nasdaq Composite Index Russell 2000 Index S&P Small Cap 600 Index This graph compares the cumulative total shareholder return on our common shares with the cumulative total returns of the Nasdaq Industrial Index, the Nasdaq Composite Index, the Russell 2000 Index and the Standard& Poor’s (“S&P”) Small Cap 600 Index for our last five completed fiscal years. The graph assumes the investment of $100 in our stock and each of those indices on March 28, 2021, and reinvestment of all dividends. Hawkins, Inc.
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14© 2026 Hawkins, Inc. CAPITAL ALLOCATION PRIORITIES - Invest in the business - Pay dividends - Opportunistic acquisitions - Repurchase shares to offset dilution - Pay down debt $42.8 $77.4 $159.5 $111.1 $144.3 - 20.0 40.0 60.0 80.0 100.0 120.0 140.0 160.0 180.0 FY2022 FY2023 FY2024 FY2025 FY2026 OPERATING CASH FLOW (IN $ MILLIONS) FY2022 FY2023 FY2024 FY2025 FY2026 Operating Cash Flow $42.8 $77.4 $159.5 $111.1 $144.3 Capital Expenditures ($28.5) ($48.3) ($40.2) ($41.1) ($58.2) Free Cash Flow $14.3 $29.1 $119.3 $70.0 $86.1 Free Cash Flow per Share $0.68 $1.38 $4.97 $3.34 $4.13
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15© 2026 Hawkins, Inc. ENVIRONMENTAL, SOCIAL, AND GOVERNANCE ▪ Environmental - Products we sell generally can be neutralized to a safe pH balance, reducing their impact on the environment - Many of our products can be used to help our customers improve efficiencies and reduce emissions ▪ Social - Supply the products that keep water safe and clean for millions of people throughout the United States - Contribute to local non-profit organizations, enhancing the communities we serve ▪ Governance - Core to our business is ensuring product quality, safety, and responsible distribution - Diversity throughout the company, 45% among employee base and 25% within the Board
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16© 2026 Hawkins, Inc. HAWKINS OVERVIEW STRATEGIC FOCUS FINANCIALS REPORTING SEGMENTS APPENDIX AGENDA
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17© 2026 Hawkins, Inc. © 2026 Hawkins, Inc. VALUE PROPOSITION ▪ Intense focus on quality and customer service ▪ Technical expertise ▪ Broad product line with the ability to custom formulate ▪ Extensive infrastructure and inventory to ensure supply chain security - 69 locations to serve our customers - ~25M gallons of tank capacity to meet our customers’ just-in-time inventory needs - Over 2M square feet of manufacturing and warehouse space ▪ Dedicated fleet of trucks and trailers (+400)
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18© 2026 Hawkins, Inc. © 2026 Hawkins, Inc. GROWTH STRATEGY ▪ Add new Water Treatment facilities annually, mainly through acquisitions ▪ Expand our specialty and value-added services - Customer formulation - Technical and quality - Sales ▪ Bolster and improve our extensive supplier base ▪ Invest in higher margin/growth production capabilities ▪ Foster strong people culture ▪ Grow earnings
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19© 2026 Hawkins, Inc. © 2026 Hawkins, Inc. PEOPLE & CULTURE MATTER ▪ Strong Supplier Relationships - Strong partnerships with key suppliers including: o Caustic Soda o Hydrochloric Acid o Phosphates o Specialty Products ▪ Tenured Employees - Average tenure 7 years - Approximately 1,200 employees - Median employee pay $94k and CEO pay ratio of 39:1 ▪ Long-Term Customers - Strong, long-term relationships - Deliveries 365 days/year ▪ Local Community Involvement - Products and dollars to municipalities that have been damaged due to storms, hurricanes, etc. - Dollars to food shelves and frontline workers - Workers participate in events from helping kids in need to feeding the homeless
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20© 2026 Hawkins, Inc. HAWKINS OVERVIEW STRATEGIC FOCUS FINANCIALS REPORTING SEGMENTS APPENDIX AGENDA
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21© 2026 Hawkins, Inc. FISCAL 2021 -2026 FINANCIALS IN MILLIONS, EXCEPT PER SHARE DATA $596.9 $774.5 $935.1 $919.2 $974.4 $1,083.7 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 $83.9 $99.7 $119.1 $143.6 $168.9 $179.0 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 $1.93 $2.44 $2.86 $3.59 $4.03 $3.91 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 SALES 13% CAGR ADJUSTED EBITDA* 16% CAGR $123.8 $146.5 $165.1 $193.6 $225.5 $245.1 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 GROSS PROFIT 15% CAGR $41.0 $51.5 $60.0 $75.4 $84.3 $81.5 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 NET INCOME 15% CAGR DILUTED EPS 15% CAGR $43.8 $42.8 $77.4 $159.5 $111.1 $144.3 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 OPERATING CASH FLOW 27% CAGR *Adjusted EBITDA is a non-GAAP measure; see the Appendix for its definition and reconciliation. Prior-year adjusted EBITDA has been recast to conform to our current definition which excludes non-cash earnout related expense and income; as originally reported, second quarter fiscal 2026 adjusted EBITDA was $50.4 million.
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22© 2026 Hawkins, Inc. FISCAL 2027 SECOND QUARTER FINANCIALS - Record second quarter revenue of $313.8M o Growth of 12% over the prior year, with organic revenue growth of 11% and all three segments growing 5% or more o Water Treatment revenue up 16%, 14% organically, driven by volume - Record second quarter gross profit of $76.6M o Growth of 13% over the prior year, led by Water Treatment at 20% o Includes $1.9M of LIFO expense, a $1.6M greater headwind than the prior year - Record second quarter Diluted Earnings Per Share (EPS) of $1.34 o Growth of 23% over the prior year - Record second quarter Adjusted EBITDA* of $59.1M o Growth of 16% over the prior year - Quarterly Operating Cash Flow of $40.3M o Leverage ratio of 1.22x adjusted EBITDA, down from 1.54x a year ago RECORD SECOND QUARTER REVENUE, GROSS PROFIT, NET INCOME, EPS AND ADJUSTED EBITDA $280.4 $313.8 Q2 FY26 Q2 FY27 REVENUE ($ Million) $1.08 $1.34 Q2 FY26 Q2 FY27 DILUTED EPS $39.5 $40.3 Q2 FY26 Q2 FY27 OPERATING CASH FLOW $50.9 $59.1 Q2 FY26 Q2 FY27 ADJUSTED EBITDA* *Adjusted EBITDA is a non-GAAP measure; see the Appendix for its definition and reconciliation. Prior-year adjusted EBITDA has been recast to conform to our current definition which excludes non-cash earnout related expense and income; as originally reported, second quarter fiscal 2026 adjusted EBITDA was $50.4 million.
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23© 2026 Hawkins, Inc. HAWKINS OVERVIEW STRATEGIC FOCUS FINANCIALS REPORTING SEGMENTS APPENDIX AGENDA
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24© 2026 Hawkins, Inc. Our Water Treatment Group specializes in providing chemicals, equipment, and solutions for treatment of potable water, municipal and industrial wastewater, agricultural water, and industrial process water. Our salesperson/route driver is a trained technician who can deliver our products and diagnose our customers’ water treatment needs. We believe that the high level of service provided by these individuals allows us to serve as the trusted water treatment expert for the municipalities and other customers that we serve.
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25© 2026 Hawkins, Inc. FOCUS AREAS ▪ Municipal Drinking Water ▪ Municipal Wastewater ▪ Municipal Swimming Pools ▪ Industrial Wastewater ▪ Industrial Process Water ▪ Cooling Systems/Cooling Towers ▪ Breweries/Wineries ▪ Agricultural Water Treatment ▪ Water Filtration Systems - Media - Reverse Osmosis (RO)
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26© 2026 Hawkins, Inc. WATER TREATMENT WASTEWATER TREATMENT CHLORINE & BLEACH Settling Tank WASTE ACTIVATED SLUDGE CORROSION CONTROL & PH ADJUSTMENT OXIDIZERS, COAGULANTS, FLOCCULANTS, CARBON BIOLOGICAL AUGMENTATION COAGULANTS & PHOSPHORUS REMOVAL DISINFECTION RAW WATER COAGULATION/ FLOCCULATION BASIN TREATED WATER STORAGE SEDIMENTATION BASIN FILTER DISINFECTANT BASIN HOME CONSUMPTION RAW SEWAGE SETTLING TANK Aeration TankAERATION TANK CHLORINE CONTACT TANK TREATED WATER FOR DISCHARGE DEWATERED SOLIDS FOR DISPOSAL SLUDGE DEWATERING Settling Tank AQUAHAWK POLYMER SETTLING TANK DECHLORINATION WATER AND WASTEWATER TREATMENT PROCESSES
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27© 2026 Hawkins, Inc. FILTRATION SOLUTIONS: INDUSTRIAL AND MUNICIPAL
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28© 2026 Hawkins, Inc. WATER TREATMENT DIFFERENTIATORS ▪ Large Geographic Territory - Locations in 57 Cities in 26 States ▪ Full Line Product Offering - Chemistries and Equipment ▪ Route Sales/Service Business Model - Technical Application Specialists
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29© 2026 Hawkins, Inc. Our Food and Health Sciences Group provides specialized ingredient solutions for the agriculture, food, nutrition and pharmaceutical end-use markets. Each of our end-use markets has a team dedicated to ensuring the correct solutions are developed and applied to meet our customers' demands.
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30© 2026 Hawkins, Inc. Nutrition END-USE MARKETS Agriculture Pharmaceuticals Food Ingredients In Food and Health Sciences, our experienced team's drive to maintain the highest level of service is the foundation of our business, and what will continue to differentiate Hawkins from our peers
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31© 2026 Hawkins, Inc. ▪ Service - For over 55 years, we’ve serviced the Nutrition end-use market building a reputation as a trusted, specialized ingredient supplier - We’re deeply committed to quality, customer satisfaction, and on-time delivery - Our dedicated team and scientific advisory board will support the differentiation of your brands and products in the marketplace ▪ Products - Energy, immunity, and cognition ingredients, amino acids, antioxidants, botanicals, enzymes, fibers, joint products, minerals, oils/oil powders, probiotics, plant proteins, vitamins ▪ Manufacturing and Distribution - Strategically located facilities on both coasts enable us to deliver quality ingredients quickly and efficiently - Custom manufacturing solutions (fluid bed spray drying, dry blending, custom packaging) ▪ Applications - Dietary supplements, food and beverage, personal care, and pet nutrition END-USE MARKET: NUTRITION
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32© 2026 Hawkins, Inc. ▪ Products - High-purity excipients, sugars, phosphates, acids/alkalis - Our products are used in animal and human vaccines, biotechnology, diagnostics, medical devices, and life sciences ▪ Service - We are agile and responsive, with services including blending, reacting and distributing base chemistry, custom batch packaging, testing, and tailored lot selection ▪ Operations - cGMP-compliant manufacturer with both liquid and dry capabilities, distributing solutions through state-of-the-art, clean-room facilities ▪ Quality - From bench-top research to full-scale production, Hawkins maintains stringent quality control standards including EXCiPACT, GMP , and GDP certifications from SGS, ISO 9001, ensuring consistency for our customers END-USE MARKET: PHARMACEUTICAL
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33© 2026 Hawkins, Inc. ▪ Products - Comprehensive product mix of base chemistry, acid-base reactions, phosphates, antimicrobials, liquid and dry ingredients - Preservatives, dairy processing aids, acidulants, brewery products and ingredients ▪ Technical Team - Our team consists of food scientists and industry experts who collaborate with our customers to ensure their products are manufactured to the highest degree of quality and safety ▪ Service - Our domestic manufacturing and distribution networks combine robust infrastructure with top-tier quality systems, giving us flexibility to quickly meet customer needs on time and in full - From formulation to production, our technical team is there to support you through every stage of shelf life ▪ Customer Outcomes - Our approach, complemented with a strong focus on customer satisfaction, helps customers optimize shelf life, lower formula costs, achieve cleaner flavors, and maintain regulatory compliance END-USE MARKET: FOOD
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34© 2026 Hawkins, Inc. ▪ Products - Base chemistry, acid-base reactions, micronutrients and phosphates - Fertilizer and crop preservation ▪ Capabilities - Blending, reacting, packaging, and distribution, across multiple facilities ensures a secure, and responsive supply chain for our customers - Expansive storage capabilities provide resiliency to supply chain disruption ▪ Technical Team - Our technical team of agronomists, chemists and industry experts ensures we are providing the right products for the right applications ▪ Customer Outcomes - Our role in the manufacturing process removes expensive steps, enabling our partners to improve safety, efficiency and consistency, while saving time and money END-USE MARKET: AGRICULTURE
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35© 2026 Hawkins, Inc. Our Industrial Solutions Group formulates, manufactures, and distributes specialty and industrial chemicals. Hawkins also provides custom toll blending and product development services for our customers.
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36© 2026 Hawkins, Inc. INDUSTRIES SERVED Manufacturing Electronics Energy Production Surface Finishing
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37© 2026 Hawkins, Inc. FOCUS AREAS ▪ Acid-Base Reactions ▪ Custom Blends and Formulations ▪ Bulk Tanker Deliveries ▪ Packaging Solutions ▪ CIP Cleaning Products ▪ Industrial Bleach Applications ▪ Markets Served - Chemical processing - Biofuels / ethanol production - Energy - Pulp and paper - Mining industry - Food manufacturing - Electronics - Surface finishing - Brewing specialty products
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38© 2026 Hawkins, Inc. CROSS-DIVISION VALUE ADD ▪ Industrial Solutions commodity purchases are a major source of Hawkins purchasing power ▪ Increased purchasing power creates favorable cost positions for all three segments ▪ Favorable cost positions help grow company-wide profit margin
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39© 2026 Hawkins, Inc. DIFFERENTIATORS ▪ Superior Customer Service - 24/7/365 after-hours live-person on-call center ▪ Technical Knowledge - 85+ Years of Experience - Experts equipped to meet customer demands for product development ▪ Geographic Distribution - Multiple manufacturing facilities with extensive storage capacity - Barge and rail capabilities from Minneapolis to Memphis ▪ Packaging to Fit Customers’ Needs: - Drums, totes, bulk, custom packaging to meet customer needs ▪ Services Include: - Contract manufacturing and packaging - Regulatory and safety assistance - Inventory management - Remote tank monitoring - Technical and engineering support ▪ Operational Excellence - Delivery capacity of owned fleet of trucks and drivers ▪ Custom Solutions, Toll Blending, Large and Diverse Product Lines
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40© 2026 Hawkins, Inc. HAWKINS OVERVIEW STRATEGIC FOCUS FINANCIALS REPORTING SEGMENTS APPENDIX AGENDA
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41© 2026 Hawkins, Inc. - Acetic Acid - Ammonia and Aqua Ammonia - Bleach - Calcium Chloride - Caustic Potash (Potassium Hydroxide) - Caustic Soda (Sodium Hydroxide) - Chlorine Gas - Ferric Chloride - Formic Acid - Hydrochloric Acid - Nitric Acid - Phosphoric Acid - Propionic Acid - Propylene Glycol - Sulfuric Acid - Urea - Food Additives and Preservatives - Brewery Products - Flocculants - Coagulants - Precipitants - Antifoams - Fluoridation - Equipment - Agricultural Fertilizers and Adjuvants - Amino acids - Minerals - Oils - And Thousands More… SIGNIFICANT PRODUCTS
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42© 2026 Hawkins, Inc. NON-GAAP MEASURES ADJUSTED EBITDA* (in thousands) Fiscal Trailing 12- Months 2022 2023 2024 2025 2026 September 27, 2026 Net Income (GAAP) $51,542 $60,041 $75,363 $84,345 $81,548 $85,810 Interest expense, net 1,404 5,234 4,282 5,432 13,507 11,822 Income tax expense 18,437 22,541 25,782 30,038 27,792 30,546 Amortization of intangibles 6,462 6,924 8,539 12,764 21,292 21,963 Depreciation expense 17,667 20,516 23,264 27,184 31,250 33,266 Non-cash compensation expense 3,818 3,825 4,880 6,498 8,573 8,154 Non-recurring acquisition expense (1) 369 - 917 1,229 1,239 501 Non-cash earnout related expense (income) 5 12 581 1,375 (6,177) (4,042) Reported Adjusted EBITDA $99,704 $119,093 $143,608 $168,865 $179,024 $188,020 *We define adjusted EBITDA as GAAP net income adjusted for net interest expense; income tax expense; amortization of intangibles; depreciation; non-cash compensation expense related to the employee stock purchase plan and restricted stock grants; acquisition-related expenses; and non-cash earnout-related expense or income. In the third quarter of fiscal 2026, we revised our definition to exclude non-cash earnout-related expense and income to better reflect operating results. Prior-period adjusted EBITDA amounts presented in this presentation have been recast to conform to the current definition. (1) Acquisition expenses consist of legal, professional, and other direct costs incurred in connection with business acquisitions. These costs are transaction-specific and not part of normal recurring operations.
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43© 2026 Hawkins, Inc. NON-GAAP MEASURES ADJUSTED EBITDA* *We define adjusted EBITDA as GAAP net income adjusted for net interest expense; income tax expense; amortization of intangibles; depreciation; non-cash compensation expense related to the employee stock purchase plan and restricted stock grants; acquisition-related expenses; and non-cash earnout-related expense or income. In the third quarter of fiscal 2026, we revised our definition to exclude non-cash earnout-related expense and income to better reflect operating results. Prior-period adjusted EBITDA amounts presented in this presentation have been recast to conform to the current definition. (1) Acquisition expenses consist of legal, professional, and other direct costs incurred in connection with business acquisitions. These costs are transaction- specific and not part of normal recurring operations. (in thousands) Three Months Ended Six Months Ended September 27, 2026 September 28, 2025 September 27, 2026 September 28, 2025 Net Income (GAAP) $27,781 $22,598 $56,035 $51,773 Interest expense, net 2,643 3,832 5,416 7,101 Income tax expense 11,746 8,231 20,816 18,062 Amortization expense 5,503 5,527 11,019 10,348 Depreciation expense 8,792 7,735 17,221 15,205 Non-cash compensation expense 1,933 2,375 4,168 4,587 Non-recurring acquisition expense (1) 140 70 203 940 Non-cash earnout related expense (income) 552 535 1,087 (1,048) Reported Adjusted EBITDA $59,090 $50,903 $115,965 $106,968
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44© 2026 Hawkins, Inc. FISCAL 2027 Q2 INVESTOR PRESENTATION A LEADER IN WATER TREATMENT & SPECIALTY INGREDIENTS Questions & Comments Jack Shufelt Investor Relations, Mergers and Acquisitions and Treasury Director c: 612.617.8582 e: jack.shufelt@hawkinsinc.com