DPC Holdings (DPC) investor relations material

Company overview and business model

• Vertically integrated manufacturer of precision cast components and superalloys for aerospace, industrial gas turbines (IGT), and transportation markets, operating 14 global facilities.

• Focuses on high-barrier, mission-critical parts for leading OEMs, with 70% of 2025 revenue under long-term agreements (LTAs) and the remainder from spot orders.

• Strategic customer partnerships drive incremental revenue, capacity expansion, and margin accretion, with four major partnerships expected to add $200M+ annual revenue at full run rate.

• Vertically integrated supply chain includes in-house superalloy production, reducing reliance on external suppliers and supporting supply chain resilience.

• Diversified across aerospace, IGT, and transportation, with aftermarket sales comprising 40% of 2025 casting revenue.

Financial performance and metrics

• 2025 revenue: $837M (12% YoY growth); net loss: $173M (improved from $193M in 2024); adjusted EBITDA: $138M (16.5% margin, up from 13% in 2024).

• Q1 2026 revenue: $237M (26% YoY growth); net loss: $47M; adjusted EBITDA: $40M (16.9% margin).

• Segment adjusted EBITDA margins (2025): Engine Products-Europe 21.9%, Engine Products-North America 18.2%, Turbo Wheels 6.5%.

• 2025 capital expenditures: $31M, focused on capacity and capability expansion.

• As of March 29, 2026: cash and equivalents $33M; total debt $712M (down from $1.43B at 2025 year-end after PIK loan forgiveness); shareholders’ deficit $237M.

Use of proceeds and capital allocation

• Estimated net proceeds of $782M from IPO, concurrent private placements, and QIA private placement.

• Proceeds to be used to repay $233M Term Loan, $50M ABL, $154M Shareholder PIK Loan, and $255M for management incentive plan; remainder for working capital, growth projects, and potential acquisitions.

• No current plans for cash dividends; future dividends subject to board discretion and financial condition.