Mayville Engineering Company (MEC) Investor presentation summary

Key messages and strategic positioning

• Leading U.S.-based provider of design, engineering, and fabrication solutions for global OEMs across diverse end markets.

• Diversification into high-growth datacenter and critical power markets supports profitable growth as legacy markets recover.

• Recent equity offering enhances financial flexibility for investments in datacenter and critical power capacity.

• Free cash flow generation enables disciplined capital allocation and investment in high-return organic growth.

• Fully domestic footprint limits tariff exposure and benefits from OEM outsourcing and reshoring trends.

Business model and value proposition

• Largest vertically integrated, value-added provider of custom prototyping, design, and fabrication services in the U.S.

• 22 facilities across the continental U.S. with ~2,600 employees and a comprehensive solutions suite.

• End-to-end capabilities, significant available capacity, and a 100% U.S. footprint mitigate supply chain risks.

• Long-term OEM relationships and a disciplined capital allocation strategy prioritize targeted growth investments.

• Customer-centric development model ensures profitable product development and long-term partnerships.

Market focus and growth opportunities

• Datacenter and critical power pipeline exceeds $125 million, with cumulative annual revenue expected to reach $180M–$210M by FY2028.

• Current datacenter serviceable addressable market (SAM) is $3.2 billion, with less than 5% market penetration and significant growth potential.

• Commercial excellence initiatives leverage scale for market share gains amid multi-year secular demand trends.

• M&A strategy targets accretive opportunities in light-weight and next-generation materials, focusing on North America.