Slides
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings November 4, 2026
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Forward-Looking Statements This presentation, as well as other statements made by Versigent, contains forward-looking statements that reflect, when made, Versigent’s current views with respect to current events, certain investments and acquisitions, business plans and financial performance. Such forward-looking statements are subject to many risks, uncertainties and factors relating to Versigent’s operations and business environment, which may cause the actual results of Versigent to be materially different from any future results, expressed or implied, by such forward-looking statements. All statements that address future operating, financial or business performance or Versigent’s strategies or expectations are forward-looking statements. In some cases, you can identify these statements by forward-looking words such as “may,” “might,” “should,” “expects,” “plans,” “intends,” “anticipates,” “believes,” “estimates,” “predicts,” “projects,” “potential,” “outlook” or “continue,” and other comparable terminology. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, the following: disruptions in the supply of raw materials and other supplies integral to our products; future significant public health crises and other global health crises and the measures taken in response thereto; a prolonged recession and/or a downturn in global automotive sales; the volatile global economic environment and geopolitical conditions, including conditions affecting the credit market and global inflationary pressures; our reliance on relationships with collaborative partners and other third parties for product development and such parties’ failure to perform; employee strikes and labor-related disruptions involving us or one or more of our customers affecting our operations; fluctuations in interest rates and foreign currency exchange rates; our failure to comply with the numerous laws and regulations to which we are subject; adverse developments affecting one or more of our suppliers; any adverse impact of legal proceedings and disputes in which we are involved; challenges to our historical and future tax positions by taxing authorities; an increase in our tax burden due to ongoing or future tax audits; our failure to attract and retain key salaried employees and management personnel; our failure to manage the transition to a standalone public company; and our failure to achieve some or all of the benefits expected from our recently completed spin-off. Additional factors are discussed under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in Versigent’s filings with the Securities and Exchange Commission, including those set forth in the Company’s Information Statement furnished with the Company’s Registration Statement on Form 10-12B/A filed on March 6, 2026. New risks and uncertainties arise from time to time, and it is impossible for us to predict these events or how they may affect Versigent. It should be remembered that the price of the ordinary shares and any income from them can go down as well as up. Versigent disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events and/or otherwise, except as may be required by law. Use of Non-GAAP Financial Measures In addition to its reported results calculated in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”), this presentation also includes non- GAAP financial measures, including Adjusted Net Sales Growth, Adjusted EBITDA, Adjusted Net Income, Adjusted Diluted Earnings Per Share (“Adjusted Diluted EPS”), Adjusted Effective Tax Rate (“Adjusted ETR”), Free Cash Flow, Net Debt and Net Leverage Ratio. Management believes these non-GAAP financial measures, which are defined and discussed in greater detail and reconciled to the most directly comparable U.S. GAAP financial measures in the Appendix, are useful to management, investors, and creditors in their analysis of the Company’s financial position, results of operations and liquidity. Management also uses these non-GAAP financial measures for internal planning and forecasting purposes. Non-GAAP financial measures should not be considered in isolation or as a substitute for our reported results prepared in accordance with U.S. GAAP and, as calculated, may not be comparable to other similarly titled measures of other companies. Refer to the Appendix for further details. Q3 2026 Earnings | 2
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 3 Further strengthen market leading position • Increase share by leveraging full-service capabilities and best-in-class operating model • Leverage scale and capabilities in Automotive and other high-value end markets Business Priorities Unlocking value for shareholders as an independent company Continue to optimize cost structure • Leverage design capabilities and tools to expand automation deployment • Continue to optimize manufacturing footprint Consistently deliver strong financial results • Sustain Automotive growth and strategically augment in target end markets • Leverage scale for strong Free Cash Flow1 generation Deliver incremental value through disciplined capital deployment • Competitive dividend to shareholders, with excess cash towards share repurchases • Invest in organic and inorganic growth opportunities (1) Non-GAAP measure. Refer to Appendix for further details.
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 4 Delivering Shareholder Returns • $0.13 quarterly dividend per ordinary share declared o First quarterly dividend paid in Sep ‘26 • $250M share repurchase authorization available Adjacent Market Expansion • Investing in commercial and go-to-market capabilities • Continued momentum with production launches across key Adjacent Markets: o Agriculture (Americas) o Commercial Vehicles (Americas, EMEA) Strong Financial Performance • Net Sales +7% YoY o Adjusted Net Sales Growth1 +1% YoY • Adjusted EBITDA1 $275M, +11% YoY o Adjusted EBITDA1 margin 11.2%, +40 bps YoY • Free Cash Flow1 $170M Commercial Momentum • $2.1B Q3 bookings2 across new and existing customers • 55 launches across 21 customers in Q3 • Opened Jiang Cheng R&D and Manufacturing Center (Wuhan, China) – our most advanced, integrated and automated manufacturing facility to date Q3 2026 Highlights Delivering Results Through Strong Execution and Operational Discipline Amid Softer Industry Environment (1) Non-GAAP measure. Refer to Appendix for further details and reconciliation to most directly comparable U.S. GAAP measure. (2) Bookings represent estimated cumulative net sales associated with customer programs awarded during the period over their expected production lives. Estimates are based on current program content, volume and production life assumptions and are subject to change.
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Financial Results Q3 2026 Earnings | 5
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 6 $ millions, except per share amounts Q3 2026 Q3 2025 YoY Commentary Net Sales Adjusted Net Sales Growth1 $2,450 $2,286 +7% +1% • Reported net sales includes ~500 bps of commodity pass-throughs and ~100 bps of favorable FX • Delivered growth despite lower global automotive production • Volume growth led by Asia Pacific strength Adjusted EBITDA1 Margin $275 11.2% $248 10.8% +11% +40 bps • Reflects strong operational execution amid a significant number of program launches • Includes favorable YoY net pricing • Q3 2026 margin includes ~70 bps net headwind from commodity pass-throughs and FX Adjusted Diluted EPS1, 2 $1.91 $1.81 +6% • Q3 2026 net income attributable to Versigent of $102M • Includes higher YoY interest expense due to Q1 2026 debt financing • Adjusted ETR1 of 22%, compared with 33% in Q3 2025 Free Cash Flow1 $170 $179 (5)% • Disciplined execution and slightly higher operating cash flow YoY • Higher YoY CapEx supporting elevated launch activity • Includes separation-related costs of $11M, up $4M YoY Q3 2026 Financial Highlights (1) Non-GAAP measure. Refer to Appendix for further details and reconciliation to most directly comparable U.S. GAAP measure. (2) For periods prior to the Spin-Off, the denominator for Adjusted Diluted EPS was calculated using the 70.89 million Versigent ordinary shares outstanding immediately following the Apr 1 '26 Spin-Off.
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 7 Regional Net Sales $11 $21 $20 $112 Q3 2025 Volume Net Pricing FX Commodity Impacts Q3 2026 Q3 Net Sales +7% $ millions +1% Adjusted Net Sales Growth1 Q3 2026 Earnings | 7 Adjusted* $1,111M +1% YoY+6% YoY Adjusted* $868M +9% YoY+18% YoY Adjusted* $471M (8)% YoY(6)% YoY *Adjusted Net Sales Growth1 $2,450 $2,286 (1) Non-GAAP measure. Refer to Appendix for further details and reconciliation to most directly comparable U.S. GAAP measure. Americas Asia Pacific EMEA
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 8 $2 $21 $8 $(7) $3 Q3 2025 Volume Net Pricing FX Commodity Impacts Net Performance Q3 2026 Q3 Adjusted EBITDA1 $275 $248 $ millions % = Adjusted EBITDA1 Margin 10.8% 11.2% +11% (1) Non-GAAP measure. Refer to Appendix for further details and reconciliation to most directly comparable U.S. GAAP measure.
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 9 Financial Position Free Cash Flow Q3 Free Cash Flow1 and Financial Position (1) Non-GAAP measure. Refer to Appendix for further details and reconciliation to most directly comparable U.S. GAAP measure. $ millions Q3 2026 Q3 2025 YoY Adjusted EBITDA1 $275 $248 $27 Capital expenditures (55) (44) (11) Separation costs (11) (7) (4) Restructuring payments (11) (13) 2 Tax payments (24) (15) (9) Interest payments (15) ̶ (15) Working capital & other 11 10 1 Free Cash Flow1 $170 $179 $(9) Strong Cash Generation and Disciplined Capital Allocation Underpin Financial Strength Strong liquidity and leverage profile as of Sep 30 ’26: • $1.5B total liquidity available o $638M cash on hand o $850M revolver undrawn • Net Leverage Ratio1 of 1.5x
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 10 Updated FY 2026 Financial Guidance $ millions Current FY 2026 Previous FY 2026 (Aug 4 ‘26) Net Sales Adjusted Net Sales Growth %1,2 $9,500 – $9,600 +2% $9,400 – $9,600 +2% Adjusted EBITDA3 $970 – $1,010 $950 – $1,030 Free Cash Flow3 $275 – $325 Includes ~$70M of separation-related costs $200 – $300 Includes ~$70M of separation-related costs (1) Forward-looking non-GAAP measure. Refer to Appendix for further details and reconciliation to most directly comparable U.S. GAAP measure. (2) FY 2026 FX and commodity assumptions as follows: Copper = 6.25/lb, USD/MXN = 17.50, EUR/USD = 1.16, USD/CNY = 6.80. (3) Forward-looking non-GAAP measure. The Company does not provide a reconciliation of such forward-looking measure to the most directly comparable financial measure calculated and presented in accordance with U.S. GAAP because to do so would be potentially misleading and not practical given the difficulty of projecting event-driven transactional and other non-core operating items in any future period. The magnitude of these items, however, may be significant. Refer to Appendix for definitions of Non-GAAP financial measures. Raised midpoint and tightened Net Sales guidance range on higher commodity pass-throughs Tightened Adjusted EBITDA3 guidance range Raised midpoint and upper end of Free Cash Flow3 guidance, while tightening range
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 11 Capital Allocation Quarterly Dividend2 • $0.13 per share dividend declared on Nov 3 ‘26 o Record date: Dec 4 ‘26; Payment date: Dec 17 ‘26 Share Repurchases • $250M share repurchase authorization available Capital Allocation Framework Free Cash Flow1 ~$1B Cumulative FCF Generation 2026E to 2028E (1) Forward-looking non-GAAP measure. The Company does not provide a reconciliation of such forward-looking measure to the most directly comparable financial measure calculated and presented in accordance with U.S. GAAP because to do so would be potentially misleading and not practical given the difficulty of projecting event-driven transactional and other non-core operating items in any future period. The magnitude of these items, however, may be significant. Refer to Appendix for definitions of Non-GAAP financial measures. (2) The declaration and payment of future dividends are subject to the discretion of the Company’s Board of Directors and will depend on the Company’s financial condition, results of operations, cash requirements, and other factors deemed relevant by the Board of Directors. Capital Expenditures • Target ~3% of annual net sales
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 12 Summary Building Momentum, Advancing Strategic Priorities Demonstrated strength and resilience of our business model amid lower global automotive production and volatile macroeconomic environment Executed a significant number of program launches while delivering solid third quarter results Guidance updates underscore confidence in our underlying performance and outlook Building commercial and go-to-market capabilities to unlock growth in Adjacent Markets Q3 2026 Earnings | 12
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Appendix Q3 2026 Earnings | 13
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Supplemental Information Non-GAAP Financial Measures (unaudited) In addition to its reported results calculated in accordance with U.S. GAAP, the Company has included in this presentation Adjusted Net Sales Growth, Adjusted EBITDA, Adjusted Net Income, Adjusted Diluted EPS and Adjusted ETR, performance measures, and Free Cash Flow, Net Debt and Net Leverage Ratio, liquidity measures, each of which the Securities and Exchange Commission defines as a “non-GAAP financial measure”. Management believes these non-GAAP financial measures, when read in conjunction with the Company’s reported results, calculated in accordance with U.S. GAAP, provide investors with useful supplemental information regarding the Company’s ongoing financial performance and liquidity and enhance comparability between periods by excluding certain items that management believes are not indicative of the Company’s core operating performance or may obscure underlying business results and trends. In addition, management believes that Free Cash Flow, Net Debt and Net Leverage Ratio are meaningful measures of financial condition as they are commonly used by management, investors, and creditors to assess capital structure risk. Management also uses these measures for internal reporting, financial decision-making, planning and forecasting, evaluating performance and liquidity, and determining appropriate capital allocation strategies, as applicable. The Company’s definitions and calculations, as set forth in the reconciliations of Adjusted Net Sales Growth, Adjusted EBITDA, Adjusted Net Income, Adjusted Diluted EPS, Adjusted ETR, Free Cash Flow, Net Debt and Net Leverage Ratio included herein, may not be comparable to similarly titled measures used by other companies because other companies may not calculate them in the same manner as the Company does. These non-GAAP financial measures should not be viewed in isolation from, nor as alternatives to, net sales, net income (loss) attributable to Versigent, diluted earnings per share (“diluted EPS”), net cash provided by (used in) operating activities and total debt, as applicable, calculated in accordance with U.S. GAAP. The Company does not provide a reconciliation of forward-looking Adjusted EBITDA to net income (loss) attributable to Versigent and Free Cash Flow to net cash provided by (used in) operating activities, the most directly comparable financial measures calculated and presented in accordance with U.S. GAAP because to do so would be potentially misleading and not practical given the difficulty of projecting event-driven transactional and other non-core operating items in any future period. The magnitude of these items, however, may be significant. Adjusted Net Sales Growth is defined as the change in reported net sales relative to the comparable period, excluding the impact on net sales from foreign currency and commodity movements. Adjusted EBITDA is defined as net income (loss) attributable to Versigent before depreciation and amortization (including asset impairments), interest expense, income tax expense (benefit), net income (loss) attributable to noncontrolling interest, other expense (income), net, equity income (loss), net of tax, restructuring, separation costs related to the Spin-Off, other acquisition and portfolio project costs (which includes costs incurred to integrate acquired businesses and to plan and execute product portfolio transformation actions, including business and product acquisitions and divestitures) and other special items. Adjusted EBITDA margin represents Adjusted EBITDA as a percentage of net sales. Adjusted Net Income represents net income (loss) attributable to Versigent before amortization, restructuring, separation costs related to the Spin-Off, other acquisition and portfolio project costs (which includes costs incurred to integrate acquired businesses and to plan and execute product portfolio transformation actions, including business and product acquisitions and divestitures) and other special items, including the tax impact thereon. Adjusted Diluted EPS is defined as Adjusted Net Income divided by the weighted average number of diluted shares outstanding for the period. Adjusted ETR is calculated as income tax expense (benefit), adjusted for the tax impact of the adjusting items used to calculate Adjusted Net Income, divided by income before income taxes and equity income, adjusted for those same items. Free Cash Flow is defined as net cash provided by (used in) operating activities less capital expenditures. The calculation of Free Cash Flow does not reflect cash used to service debt, pay dividends or repurchase shares and therefore, does not necessarily reflect funds available for investment or other discretionary uses. Net Debt is defined as total debt less cash and cash equivalents. Net Leverage Ratio is defined as Net Debt divided by the trailing 12 months of Adjusted EBITDA. Q3 2026 Earnings | 14
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 15 YTD Results (1) Non-GAAP measure. Refer to Supplemental Information included herein for further details and reconciliation to most directly comparable U.S. GAAP measure. (2) For periods prior to the Spin-Off, the denominator for Adjusted Diluted EPS was calculated using the 70.89 million Versigent ordinary shares outstanding immediately following the Apr 1 '26 Spin-Off. $ millions, except per share amounts YTD 2026 YTD 2025 YoY Net Sales Adjusted Net Sales Growth1 $7,106 $6,516 +9% +3% Adjusted EBITDA1 Margin $750 10.6% $664 10.2% +13% +40 bps Adjusted Diluted EPS1, 2 $5.90 $5.30 +11% Free Cash Flow1 $247 $290 (15)%
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 16 Regional Net Sales $191 $9 $126 $264 YTD 2025 Volume Net Pricing FX Commodity Impacts YTD 2026 YTD Net Sales +9% $ millions +3% Adjusted Net Sales Growth1 Q3 2026 Earnings | 16 Americas Asia Pacific Adjusted* $3,170M +4% YoY+9% YoY Adjusted* EMEA $2,432M +12% YoY+19% YoY Adjusted* $1,504M (10)% YoY(4)% YoY *Adjusted Net Sales Growth1 $7,106 (1) Non-GAAP measure. Refer to Supplemental Information included herein for further details and reconciliation to most directly comparable U.S. GAAP measure. $6,516
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 17 YTD Adjusted EBITDA1 (1) Non-GAAP measure. Refer to Supplemental Information included herein for further details and reconciliation to most directly comparable U.S. GAAP measure. $46 $9 $3 $(47) $75 YTD 2025 Volume Net Pricing FX Commodity Impacts Net Performance YTD 2026 $750 $664 $ millions % = Adjusted EBITDA1 Margin 10.2% 10.6% +13%
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 18 YTD Free Cash Flow1 $ millions YTD 2026 YTD 2025 YoY Adjusted EBITDA1 $750 $664 $86 Capital expenditures (172) (123) (49) Separation costs (59) (14) (45) Restructuring payments (48) (41) (7) Tax payments (74) (72) (2) Interest payments (18) (2) (16) Working capital & other (132) (122) (10) Free Cash Flow1 $247 $290 $(43) (1) Non-GAAP measure. Refer to Supplemental Information included herein for further details and reconciliation to most directly comparable U.S. GAAP measure.
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 19 Reconciliation of Net Sales to Adjusted Net Sales Growth Q3 2026 YTD 2026 Reported net sales YoY % change 7% 9% Global Less: impact of foreign currency movements (1)% (2)% Less: impact of commodity movements (5)% (4)% Adjusted Net Sales Growth 1% 3% Americas Reported net sales YoY % change 6% 9% Less: impact of foreign currency and commodity movements (5)% (5)% Adjusted Net Sales Growth 1% 4% Asia Pacific Reported net sales YoY % change 18% 19% Less: impact of foreign currency and commodity movements (9)% (7)% Adjusted Net Sales Growth 9% 12% EMEA Reported net sales YoY % change (6)% (4)% Less: impact of foreign currency and commodity movements (2)% (6)% Adjusted Net Sales Growth (8)% (10)% FY 2026 Guidance Midpoint Reported net sales YoY % change 8% Global Less: impact of foreign currency and commodity movements (6)% Adjusted Net Sales Growth 2%
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 20 Reconciliation of Net Income Attributable to Versigent to EBITDA and Adjusted EBITDA and Net Leverage Ratio $ millions Q3 2025 Q4 2025 Q1 2026 Q2 2026 Q3 2026 TTM Sep 2026 YTD 2026 YTD 2025 Net income attributable to Versigent 109 217 78 118 102 515 298 311 Interest expense1 ̶ ̶ 5 36 36 77 77 3 Income tax expense (benefit) 54 (110) (9) 46 35 (38) 72 104 Net income (loss) attributable to noncontrolling interest 4 8 3 (2) 10 19 11 10 Depreciation and amortization 55 61 61 51 55 228 167 166 EBITDA 222 176 138 249 238 801 625 594 Other expense, net1 ̶ 3 1 6 2 12 9 1 Equity income, net (3) (2) (4) (5) ̶ (11) (9) (11) Restructuring 21 24 46 ̶ 22 92 68 62 Separation costs and other special items 7 28 26 22 11 87 59 14 Net loss (gain) on lease terminations ̶ ̶ (4) ̶ 2 (2) (2) ̶ Other acquisition and portfolio project costs 1 ̶ ̶ ̶ ̶ ̶ ̶ 4 Adjusted EBITDA 248 229 203 272 275 979 750 664 Total debt 2,124 Less: cash and cash equivalents (638) Net Debt 1,486 Net Leverage Ratio 1.5x Memo: Net sales 2,286 2,302 2,212 2,444 2,450 9,408 7,106 6,516 Net income margin 4.8% 9.4% 3.5% 4.8% 4.2% 5.5% 4.2% 4.8% Adjusted EBITDA margin 10.8% 9.9% 9.2% 11.1% 11.2% 10.4% 10.6% 10.2% (1) Prior period amounts were reclassified to conform to the presentation adopted in Q2 2026.
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 21 Reconciliation of Net Income Attributable to Versigent to Adjusted Net Income and Adjusted Diluted EPS $ millions, except per share amounts Q3 2026 Q3 2025 YTD 2026 YTD 2025 Net income attributable to Versigent 102 109 298 311 Adjusting items: Amortization ̶ ̶ 1 1 Restructuring 22 21 68 62 Separation costs 11 7 59 14 Other acquisition and portfolio project costs ̶ 1 ̶ 4 Asset impairments 7 ̶ 14 3 Net loss (gain) on lease terminations 2 ̶ (2) ̶ Pension curtailment and settlement losses 1 ̶ 7 ̶ Separation-related interest expense ̶ ̶ 2 ̶ Total adjusting items 43 29 149 84 Tax impact of adjusting items1 (7) (10) (24) (19) Adjusted Net Income 138 128 423 376 Weighted average number of diluted shares outstanding2 72.25 70.89 71.67 70.89 Diluted EPS attributable to Versigent 1.41 1.54 4.16 4.39 Adjusted Diluted EPS 1.91 1.81 5.90 5.30 (1) Represents the income tax impacts of the adjustments made for amortization, restructuring and other special items by calculating the income tax impact of these items using the appropriate tax rate for the jurisdiction where the charges were incurred. (2) For periods prior to the Spin-Off, the denominator for diluted EPS and Adjusted Diluted EPS was calculated using the 70.89 million Versigent ordinary shares outstanding immediately following the Apr 1 '26 Spin-Off.
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 22 Reconciliation of Net Cash Provided by Operating Activities to Free Cash Flow $ millions Q3 2026 Q3 2025 YTD 2026 YTD 2025 Net cash provided by operating activities 225 223 419 413 Capital expenditures (55) (44) (172) (123) Free Cash Flow 170 179 247 290
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line Q3 2026 Earnings | 23 Reconciliation of Effective Tax Rate to Adjusted ETR $ millions Q3 2026 Q3 2025 YTD 2026 YTD 2025 Income before income taxes and equity income 147 164 372 414 Plus: impact of adjusting items1 43 29 149 84 Adjusted Income Before Income Taxes and Equity Income 190 193 521 498 Income tax expense (35) (54) (72) (104) Plus: tax impact of adjusting items1 (7) (10) (24) (19) Adjusted Income Tax Expense (42) (64) (96) (123) Effective Tax Rate 24% 33% 19% 25% Adjusted ETR 22% 33% 18% 25% (1) Refer to “Reconciliation of Net Income Attributable to Versigent to Adjusted Net Income and Adjusted Diluted EPS” included herein for further details regarding adjusting items and tax impact of adjusting items.
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Data color order: Footer Never change the footer text on individual slides. Change, turn on or off by using Insert Header & Footer Enter / change text Click Apply All. No content below the line No content above the line Main content area Slide title area No content right of the lineNo content left of the line