Atlas Engineered Products (AEP) Investor presentation summary

Market position and growth strategy

• Leading Canadian provider of manufactured and engineered structural wood products for residential and commercial construction, operating ten facilities across Canada and the U.S.

• Focused on both organic growth through automation, product diversification, and sales expansion, and inorganic growth via strategic M&A, having completed 10 acquisitions since 2017.

• Strong industry tailwinds from a structural housing shortage in Canada, supportive political landscape, and increasing immigration driving demand for new housing.

• Well-defined integration process post-acquisition to drive operational efficiencies, national buying power, and EBITDA improvements.

• Five-year revenue and EBITDA CAGR of 12.5% and 17.2%, respectively, with EBITDA margins around 20%.

Product and service offerings

• Offers roof, floor, and wall systems, including trusses and panels, designed for efficiency, quality control, and reduced on-site labor.

• Utilizes advanced design and engineering technology, including BIM software and automated assembly equipment, to ensure consistent, high-quality products.

• Provides a one-stop solution for builders, developers, and specialty yards, with expanded product offerings and environmentally friendly manufacturing.

Industry and market dynamics

• Canadian market faces a shortage of 3.5 million homes by 2030, with all major political parties supporting accelerated building activity.

• The manufactured wood products industry is highly fragmented, with many small operators lacking resources for automation and succession planning.

• Labor shortages and high capacity utilization are driving the need for automation and consolidation.