Luxfer (LXFR) investor relations material

Executive summary

• Entered into a definitive agreement to be acquired by Wynnchurch Capital for $17.37 per share in an all-cash transaction, representing a 30.7% premium to the pre-announcement share price.

• Transaction implies an enterprise value of approximately $525 million, or 10x trailing twelve-month adjusted EBITDA, and is expected to close by year-end 2026 pending shareholder and regulatory approvals.

• Second quarter 2026 GAAP net sales were $95.7 million, down 10.2% year-over-year, with adjusted sales down 3.7%; adjusted EBITDA decreased 4.3% to $13.4 million.

• Adjusted gross margin improved by 130bps to 25.2%, reflecting pricing discipline and operational efficiencies.

• Net cash provided by continuing operations was $2.7 million for the quarter, with a net debt to LTM adjusted EBITDA ratio of 0.9x, indicating strong financial flexibility.

Voting matters and shareholder proposals

• Shareholders will vote on the proposed acquisition by Wynnchurch Capital, with the proxy statement to include notices for the scheme meeting and general meeting as required by UK law.

Board of directors and corporate governance

• The acquisition agreement was unanimously approved by directors present at the board meeting.

• Directors and executive officers may be deemed participants in the proxy solicitation for the transaction.