Slides
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Products that Protect Investor Presentation September 2026
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Today’s Speakers Meghan Beringer Sr. Director, Investor Relations Aaron Schapper President and Chief Executive Officer Sam Rutty Executive Vice President and Chief Financial Officer
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Safe Harbor Statement & Non-GAAP Measures Statements in this presentation contain “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995, including information regarding the Company’s financial outlook, future plans, objectives, business prospects and anticipated financial performance. Forward-looking statements can be identified by words such as “will,” “believe,” “anticipate,” “expect,” “estimate,” “intend,” “plan,” or variations of these words, or similar expressions. These forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on the Company’s current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, these statements inherently involve a wide range of uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. The Company’s actual actions, results, and financial condition may differ materially from what is expressed or implied by the forward-looking statements. Specific factors that could cause such a difference on our business, financial position, results of operations and/or liquidity include, without limitation, raw material availability, increases in raw material costs, or other production costs; risks associated with our strategic growth initiatives or the failure to achieve the anticipated benefits of such initiatives; unanticipated downturn in business relationships with customers or their purchases; competitive pressures on sales and pricing; changes in the markets for the Company’s business segments; changes in trends and demands in the markets in which the Company competes; operational problems at our manufacturing facilities or unexpected failures at those facilities; future economic and financial conditions in the United States and around the world, including the impacts of U.S. and foreign tariff policies; inability of the Company to meet future capital requirements; claims, litigation and regulatory actions against the Company; changes in laws and regulations affecting the Company; unforeseen events, including natural disasters, unusual or severe weather events and patterns, public health crises, geopolitical crises, and other catastrophic events; our ability to successfully execute our announced intended divestiture of the Myers Tire Supply business; and other risks and uncertainties detailed from time to time in the Company’s filings with the SEC, including without limitation, the risk factors disclosed in Item 1A, “Risk Factors,” in the Company’s Annual Report on Form 10-K for the year ended December 31, 2025. Given these factors, as well as other variables that may affect our operating results, readers should not rely on forward-looking statements, assume that past financial performance will be a reliable indicator of future performance, nor use historical trends to anticipate results or trends in future periods. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date thereof. The Company expressly disclaims any obligation or intention to provide updates to the forward-looking statements and the estimates and assumptions associated with them. The Company uses certain non-GAAP measures in this presentation. Adjusted operating income (loss), adjusted operating income margin, adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), adjusted EBITDA margin, adjusted net income, adjusted earnings per diluted share (adjusted EPS), and free cash flow are non-GAAP financial measures and are intended to serve as a supplement to results provided in accordance with accounting principles generally accepted in the United States. Myers Industries believes that such information provides an additional measurement and consistent historical comparison of the Company’s performance. A reconciliation of the non-GAAP financial measures to the most directly comparable GAAP measures is available in this news release. 3
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Myers At-a-Glance 4 All results are from continuing operations for the trailing twelve months as of 6/30/2026 unless otherwise noted.. Revenue by End Market Industrial 40% Infrastructure 23% Vehicle 13% Consumer 12% Food & Beverage 12% 9 Strong Brands #1 or #2 Position in Diverse, Niche Markets Myers Manufacturing Locations Products that Protect $657M Net Sales $1.64 Adj EPS $134M Adj EBITDA 20% Adj EBITDA Margin ~2,000 Employees 1933 Founded US (13) Canada (1) Headquarters Akron, OH $1.2B Market Cap as of 9/04/2026 See Appendix for non-GAAP reconciliations.
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Engineered Products That Protect ▪ Engineer and manufacture a broad range of innovative and sustainable plastic and metal solutions ▪ Operations in the US and Canada ▪ Products bring outsized value to customers across numerous industries, including industrial, construction, infrastructure, agricultural, military, automotive, food processing, marine, recreational vehicle, and more ▪ Products sold directly and through distributors 5 ▪ Light-, medium-, and heavy-duty composite matting ▪ Turf protection systems ▪ Military ammunition containers ▪ Portable fuel and water containers ▪ Portable marine tanks ▪ Seed boxes ▪ Intermediate bulk containers ▪ Hand-held containers ▪ Pallets ▪ Organizational bins and systems ▪ Floating docks ▪ Steel carts and safety cabinets ▪ RV water and holding tanks ▪ DEF and diesel fuel tanks ▪ Traffic marking Diverse Applications Strong, Respected Brands
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Focused Transformation | 2026 Strategic Priorities Built on Core Values Focus Areas Transformation Objectives Strategic Outcomes 2 Operational Excellence and Cost Leadership Run fewer plays, run them better, and repeat every year 3 Investments to Maximize Profitable Growth Invest in growth platforms where returns are highest 1 Customer Value and Core Markets Understand our markets and lead our categories Revenue Growth EBITDA Margin Expansion Free Cash Flow Conversion Accelerating to World Class Simplify and standardize systems and workflows Further optimize footprint Refine organizational structure Foster continuous improvement culture Invest in attractive, growing end markets organically and inorganically Develop new products through strategic innovation Maintain disciplined capital allocation Simplify portfolio to focus on Products that Protect Strengthen customer relationships and deepen market insight Enhance commercial excellence Use shared channels across product brands 6
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Meaningful Progress on Focused Transformation 2 Operational Excellence and Cost Leadership Run fewer plays, run them better, and repeat every year 3 Investments to Maximize Profitable Growth Invest in growth platforms where returns are highest 1 Customer Value and Core Markets Understand our markets and lead our categories 7 ✓ Introduced new Core Values: Integrity; Customer Focus; Deliver Results; Continuous Improvement ✓ Aligned incentive plans to drive business unit performance and create accountability ✓ Emphasized lean principles to drive clear, efficient processes ✓ Developed Strategic Plans and launched Strategic Deployment Tool to drive cross-functional, disciplined organic growth ✓ Divested MTS for $30M as we focus on businesses that are better aligned with our mission ✓ Acted to accelerate growth and expand margins; addressed and corrected underperformance ✓ Achieved $20M annualized cost savings commitment in 2025, primarily in SG&A, optimizing organizational efficiency ✓ Exited low-margin products and idled 2 of our 9 rotational molding facilities to improve utilization and reduce costs ✓ Implemented internal KPIs to elevate performance, track progress, and create accountability ✓ Generating strong free cash flow: FY2025 up 23% Y/Y; 1H26 up 92% Y/Y ✓ Invested in high-growth opportunities with superior returns, targeting capex of 3.5% of sales ✓ Returned $33M to shareholders since beginning of 2025 through combination of dividends and share repurchase Establish a culture of execution and accountability to drive performance Create clear strategies to improve profitability of entire portfolio Deliver consistent and reliable results by effectively controlling what we can control Optimize cash flow to support disciplined capital allocation deployment Building Credibility Through Accountability, Transparency, and Performance
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Building a Simpler, More Unified Organization A Unified Myers Organization Built to Move Faster, Operate Smarter, & Accelerate Growth 8 ▪ 25 years of global leadership experience ▪ Unifying our commercial organization across brands, end-markets, and applications ▪ Strengthening customer relationships while driving market leadership and internal synergies ▪ Commercial organization aligned with end markets and customer needs ▪ Standardized governance, systems, and operating processes ▪ Driving innovation throughout the enterprise Gustavo Oberto President, Commercial & Strategy ▪ 30 years of operational experience; joined Myers from Signature Systems ▪ Deploying best practices to drive operational excellence across the organization ▪ Identifying productivity opportunities that improve service levels and drive margin growth ▪ Unified operating model replacing a collection of acquired business structures Jeff Condino President, Operations Operations Commercial C O N S O L I D A T I N G T O O N E L E A D E R C O N S O L I D A T I N G T O O N E L E A D E R
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Our Mission: Protecting Our Troops BACKGROUND ▪ Military historically used wood and steel ammunition packaging - Antiquated and heavy, contributing to excess carry load for soldiers and vehicles - Includes multiple layers of packaging and dunnage adding complexity and inefficiency ▪ Reducing the weight burden continues to be mission critical throughout the defense industry - 76% of nondeployable soldiers suffered musculoskeletal injuries - Saves fuel costs throughout the defense budget 9 OUTCOMESCOMPETITIVE ADVANTAGE ▪ Lightweight, recoverable, and reusable solution - Up to 40% lighter than steel and wood - Contributes to decreased costs throughout the defense budget ▪ Built in dunnage with no additional packaging layers, reducing weight and waste, and mitigating accident risk Improves soldier health, deployability rates, and force readiness Lighter Load✓ Fuel, vehicle maintenance, and healthcare savings Cost Savings✓ CONVERSION $
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Expanding Military Portfolio: Products that Protect 10 P R O D U C T P O R T F O L I O 81mm Mortar Container 57mm Navy Container 105mm Tank C137 155mm Container U P T O 4 0 % L I G H T E R D I F F E R E N T I AT E D T E C H N O L O G Y I M P R O V E D E F F I C I E N C Y Category Creation through Material Conversion 81mm Mortar RP, SMK / ILLM Infantry 90mm Mk3 Armour Reduced transportation costs Increasing soldier safety Alternative to steel and wood containers with significant barriers to entry Reusable, corrosion-resistant which reduces replacement and maintenance costs Integrated dunnage reduces handling Accelerating Product Adoption and Expanding into Adjacent Categories ®
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2024 2025 2028 Strategic Investments Supporting Growth Launching European Production ▪ Strengthening alignment with military programs and speed to market on a global scale ▪ Positioning to leverage industry expansion and equipment modernization ▪ Modular manufacturing process to create multiple size products with the same equipment $300M Serviceable Market Myers AMMO Packaging Revenue* $49M $20M Positioning to Support a Broader Range of Ammunition Programs on a Global Scale ® 11 New Product Development ▪ 120mm tank container to expand our product offerings ▪ Actively collaborating with defense research organizations to develop packaging solutions that address future military requirements *Does not include Military Fuel Containers
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Our Mission: Protect Our Infrastructure BACKGROUND ▪ Infrastructure projects - including utility, energy, and data center developments - often require access across soft, wet, uneven, or environmentally sensitive terrain ▪ Limited site access can delay crews, strand equipment, and create unsafe working conditions ▪ Heavy equipment, cranes, and materials require stable temporary roads and work platforms to keep projects on schedule 12 OUTCOMESCOMPETITIVE ADVANTAGE ▪ MegaDeck® HD+ creates strong, stable accessways and work platforms for heavy equipment operating in challenging environments ▪ Interlocking design and secure connection systems form a continuous surface that reduces shifting, separation, and uneven footing ▪ Supports access across mud, marsh, soft ground, and high-traffic work zones where reliable movement is critical ▪ Durable HDPE composite construction reduces equipment wear, minimizes replacement needs, and lowers long-term access costs for repeated deployments Reliable Access and Safer Worksites Keeping personnel and equipment safe even on challenging terrain Reduced Downtime Preventing access failures, equipment immobilization, and costly project delays ✓ ✓
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Our Mission: Protecting Our Athletes BACKGROUND ▪ Turf venue wants to host non-sporting events, expanding functionality and revenue opportunity ▪ Installing and removing flooring systems damages the turf causing injury to players ▪ Conversion of space to repurpose venue is time consuming and expensive 13 OUTCOMESCOMPETITIVE ADVANTAGE ▪ OmniDeck® flooring system withholds weight of heavy machinery, staging, and equipment ▪ Athletes, coaches, and trainers are assured that field condition remains protected thereby preventing injury ▪ Lightweight flooring increases operational efficiency, reduces costs, and improves worker safety ▪ Facilitates venue repurposing, expanding event space flexibility and revenue opportunities Preserves turf condition Decreases weight for installers to carry Injury Prevention✓ Lightweight, drivable surface reduces installation time Operational Efficiency✓ Watch OmniDeck® SoFi Stadium Installation Product Will Be Used Extensively For 2026 FIFA World Cup Events
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Second Quarter 2026 Financial Results
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Q2 2026 Summary Focused Transformation Driving Culture of Performance All results are from continuing operations. See Appendix for non-GAAP reconciliations. Sales improved Y/Y primarily on strong Infrastructure and Food & Beverage growth; sequential growth driven by Infrastructure, Industrial, and Food & Beverage Net Sales $179.2M +9.8% Y/Y +8.9% Q/Q Adjusted Operating Income $30.0M +46.0% Y/Y +15.8% Q/Q Diluted Adjusted EPS $0.53 +60.6% Y/Y +20.5% Q/Q Adjusted EBITDA $39.1M +30.6% Y/Y +11.4% Q/Q Improved profitability due to improved volume and mix, price, and lower manufacturing costs from our Focused Transformation program Simplifying our portfolio and investing in high-return growth platforms to improve margin profile and deliver Products that Protect Making meaningful progress on Focused Transformation 2026 priorities to deliver consistent, reliable results and create sustainable shareholder value
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Q2 Financial Performance ▪ Net sales increased 13% Y/Y excluding impact from exiting ~$5M low-margin products with idling of two rotational molding facilities in Q4 2025 ▪ Gross margin increased due to volume and mix, price, and lower manufacturing costs while managing rising resin costs ▪ Adj. operating and EBITDA margins improved as we made significant progress improving our cost structure and reaping the benefits from our Focused Transformation ($M except EPS) Q2 2026 Q2 2025 Y/Y Net Sales $179.2 $163.2 +9.8% Adj. Gross Profit $62.1 $51.4 +20.7% Adj. Gross Margin 34.6% 31.5% +310 bps Adj. Operating Income $30.0 $20.5 +46.0% Adj. Operating Income Margin 16.7% 12.6% +410 bps Adj. EBITDA $39.1 $29.9 +30.6% Adj. EBITDA Margin 21.8% 18.3% +350 bps Diluted Adjusted EPS $0.53 $0.33 +60.6% All results are from continuing operations. See Appendix for non-GAAP reconciliations. Businesses previously reported in Distribution segment that were not included in discontinued operations are now reported in Vehicle, Industrial, and Infrastructure 16 End Market Revenue ($M) Q2 2026 Q2 2025 Y/Y Industrial $66.3 $65.3 +2% Infrastructure $48.6 $32.0 +52% Consumer $22.5 $26.1 (14%) Food & Beverage $21.3 $14.4 +48% Vehicle $20.5 $25.4 (19%) Q2 2026
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Balance Sheet and Cash Flow ▪ Cash balance of $47.6M combined with $244.7M of availability under the revolver, provides ample liquidity of $292.3M to support capital allocation priorities ▪ Net debt1 reduced $21.2M Q/Q; net leverage lowered to 1.9x ▪ July 28: new $250M Revolving Credit Facility and $250M Term Loan (maturity 2031) ▪ Generated strong operating and free cash flow on higher net income and improved working capital management ▪ Working capital as a percent of sales decreased slightly due to an improved cash conversion cycle; continue to prioritize working capital management to improve cash flow metrics Net Debt ($M) and Net Leverage Ratio1 Cash Flow, Capex and FCF as % of Sales Working Capital as a % of TTM Sales $27.6 $3.6 $24.1 $32.1 $5.6 $26.5 Operating Cash Flow Capex Free Cash Flow Q2 2025 Q2 2026 14.8% 17.9% 3.1% 16.9% 14.8% 2.2% 12.5% 12.1% 11.3% Q2 2025 Q1 2026 Q2 2026 All results are from continuing operations. See Appendix for non-GAAP reconciliations. 1 As defined per the credit agreement. Net Leverage Ratio is calculated as Total Debt, less certain cash divided by Compliance Adj. EBITDA. $355.7 $305.7 $284.5 Q2 2025 Q1 2026 Q2 2026 2.2x 1.9x2.8x
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Capital Allocation Priorities to Drive Shareholder Value Q2 capex was $5.6M with expectation that full-year capex will be near our target of 3.5% of revenue to fund organic growth Open to opportunistic acquisitions aligned with growth platforms Net leverage ratio target range of 1.5x to 2.5x Maintaining a Disciplined Capital Allocation Approach Balanced Framework That Supports Growth Investments and Returning Cash to Shareholders Built on Foundation of Strong Balance Sheet with Ample Liquidity Maintain dividend policy Returned $33M to shareholders since beginning of 2025 through combination of dividends and share repurchases GROWTH INVESTMENTS RETURNING CASH TO SHAREHOLDERS
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Updating Our 2026 End Market Outlook End Markets and Key Products (% of TTM Sales) 2026 Outlook* Industrial (40% of Sales) Akro-Mils®, Buckhorn® & Jamco® containers, organizational bins, totes, carts and cabinets; Scepter® military ammunition containers; OEM parts for general industrial equipment Moderate growth Infrastructure (23% of Sales) Signature Systems® ground protection composite matting for construction, industrial sites, and event venues Strong growth Vehicle (13% of Sales) RV, marine, and automotive components Stable Consumer (12% of Sales) Scepter® fuel containers; outdoor furniture and equipment Stable, affected by normal level of storm response Food & Beverage (12% of Sales) Buckhorn® seed boxes, intermediate bulk containers, and Tuff Series bulk containers for agricultural and chemical markets Moderate growth *Excludes impact from exiting low-margin products and idling two rotational molding facilities in Q4 2025. Businesses previously reported in Distribution segment that were not included in discontinued operations are now reported in Vehicle, Industrial, and Infrastructure Strong Infrastructure outlook is supported by accelerating utility spending and data center-related investment Continue to see risks and opportunities for both revenue and margin Geopolitical events impacting energy markets, affecting resin cost and supply ▪ Our resin availability not impacted due to secure supply ▪ Costs increasing due to escalated global pricing; we are taking pricing and other actions to mitigate impact
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Appendix
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Reconciliation of Non-GAAP Financial Measures MYERS INDUSTRIES, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES ADJUSTED GROSS PROFIT, ADJUSTED OPERATING INCOME, ADJUSTED EBITDA AND FREE CASH FLOW (UNAUDITED) (Dollars in thousands) Quarter Ended June 30, TTM Ended June 30, 2026 2025 2026 Adjusted gross profit reconciliation: Gross profit $ 61,463 $ 51,053 $ 215,981 Restructuring expenses and other adjustments 626 388 3,113 Adjusted gross profit $ 62,089 $ 51,441 $ 219,094 Adjusted operating income (loss) reconciliation: Operating income (loss) $ 31,172 $ 19,839 $ 92,467 Restructuring expenses and other adjustments 858 2,290 6,157 Acquisition non-income tax reserve release (2,037) — (2,037) Pension termination — 1,585 — Recovery of purchased credit deteriorated assets — (3,175) — Environmental reserves, net — — 600 Adjusted operating income (loss) $ 29,993 $ 20,539 $ 97,187 Adjusted EBITDA reconciliation: Income (loss) from continuing operations $ 18,749 $ 9,617 $ 50,166 Income tax expense (benefit) 6,156 2,858 14,671 Interest expense, net 6,267 7,364 27,630 Operating income (loss) 31,172 19,839 92,467 Depreciation and amortization 9,064 9,375 36,465 Restructuring expenses and other adjustments 858 2,290 6,157 Acquisition non-income tax reserve release (2,037) — (2,037) Pension termination — 1,585 — Recovery of purchased credit deteriorated assets — (3,175) — Environmental reserves, net — — 600 Adjusted EBITDA $ 39,057 $ 29,914 $ 133,652 Free cash flow reconciliation: Net cash provided by (used for) operating activities - continuing operations $ 32,071 $ 27,638 $ 106,711 Capital expenditures (5,606) (3,561) (15,836) Free cash flow $ 26,465 $ 24,077 $ 90,875
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Reconciliation of Non-GAAP Financial Measures MYERS INDUSTRIES, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES ADJUSTED INCOME (LOSS) FROM CONTINUING OPERATIONS AND ADJUSTED INCOME (LOSS) PER DILUTED SHARE FROM CONTINUING OPERATIONS (Dollars in thousands) (1) Income taxes are calculated using the normalized effective tax rate for each period. The rate used in 2026 is 25.5% and in 2025 is 26.0%. (2) Adjusted income (loss) per diluted share from continuing operations is calculated using the weighted average common shares outstanding for the respective period. Quarter Ended June 30, TTM Ended June 30, 2026 2025 2026 Adjusted income (loss) from continuing operations reconciliation: Income (loss) from continuing operations $ 18,749 $ 9,617 $ 50,166 Income tax expense (benefit) 6,156 2,858 14,671 Income (loss) before income taxes 24,905 12,475 64,837 Restructuring expenses and other adjustments 858 2,290 6,157 Acquisition non-income tax reserve release (2,037) — (2,037) Pension termination — 1,585 — Recovery of purchased credit deteriorated assets — (3,175) — Intangible amortization 3,265 3,296 13,103 Environmental reserves, net — — 600 Adjusted income (loss) before income taxes 26,991 16,471 82,660 Income tax expense, as adjusted (1) (6,883) (4,282) (20,925) Adjusted income (loss) from continuing operations $ 20,108 $ 12,189 $ 61,735 Adjusted income (loss) per diluted share from continuing operations reconciliation: Income (loss) per diluted share from continuing operations $ 0.50 $ 0.26 $ 1.33 Restructuring expenses and other adjustments 0.02 0.06 0.16 Acquisition non-income tax reserve release (0.05) — (0.05) Pension termination — 0.04 — Recovery of purchased credit deteriorated assets — (0.08) — Intangible amortization 0.09 0.09 0.35 Environmental reserves, net — — 0.02 Adjusted effective income tax rate impact (0.02) (0.04) (0.17) Adjusted income (loss) per diluted share from continuing operations (2) $ 0.53 $ 0.33 $ 1.64
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Meghan Beringer Senior Director Investor Relations Myers Industries, Inc. | 1293 S. Main Street, Akron, Ohio 44301 Tel: (252) 536-5641 | Email: mberinger@myersind.com www.myersind.com