Mattr (MATR) Investor presentation summary

Business overview and strategy

• Focuses on materials technology for critical infrastructure, with a global manufacturing and technology footprint and two main segments: Connection Technologies and Composite Technologies.

• Offers differentiated, high-value products that enable responsible infrastructure renewal and expansion, targeting electrification, transportation, mining, communications, water, and energy sectors.

• Benefits from long-term North American infrastructure investment cycles and structural tailwinds in electrification, digitization, and environmental infrastructure.

• Recent portfolio transformation and capital deployment have modernized and expanded the North American manufacturing network, positioning for accelerated earnings and cash flow growth.

• Strategic acquisitions, such as AmerCable, have expanded capabilities and addressable markets, strengthening the financial profile and reducing earnings cyclicality.

Financial performance and capital allocation

• Achieved $1.3B in revenue and an 8% adjusted EBITDA CAGR from 2021 to Q1 2026, with Connection Technologies and Composite Technologies contributing 58% and 42% of revenue, respectively.

• Adjusted EBITDA CAGR from 2021 to Q1 2026 was 14.9% for Connection Technologies and 9.2% for Composite Technologies; overall company CAGR was 12.0%.

• Over $220M in growth CAPEX invested from 2023-2025 to revitalize the North American manufacturing network, with normalized CAPEX expected at $35-45M in 2026.

• New and refurbished sites are expected to enable at least $150M of incremental annual revenue at current segment margins, with significant opportunities for process efficiency and automation.

• Pursuing mid-term milestones of 20%+ adjusted EBITDA margin and 70%+ free cash flow conversion, with a return to normal CAPEX spend in 2026.

Market trends and growth drivers

• Positioned to benefit from electrification, digitization, refurbishment, and enhancement of physical and environmental infrastructure.

• Connection Technologies supports global electrification with specialty wire, cable, and heat shrink solutions for harsh environments, serving markets such as aerospace, nuclear, transit, and automotive.

• Composite Technologies provides fluid management solutions, including composite pipes and underground storage tanks, replacing traditional materials in corrosive applications.

• Addressable markets are expanding, particularly in the US electrical utility grid, nuclear refurbishment, and water management systems.

• Flexpipe technology advancements and new manufacturing sites are increasing market share and revenue potential in North America.