An Introduction to Platinum Equity July 2021

©2021 Platinum Equity Advisors, LLC. All Rights Reserved. Mergers. Acquisitions. Operations., M&A&O® and Platinum Equity® are service marks or registered service marks of Platinum Equity Advisors, LLC and Platinum Equity, LLC (collectively, “Platinum Equity”). All other trademarks and service marks used in these materials are the property of their respective owners and/or affiliates of Platinum Equity. Platinum Equity at a Glance Assets Under Acquisitions Portfolio Management Since 1995 Revenue Overview $25B+ 300+ $23B+ Founded in 1995 by , an entrepreneur and business operator Fund History Headquartered in Los Angeles with offices in , Greenwich, New York, London, and Pre-Fund 1995-2004 $500M+

® Highly differentiated approach: M&A&O Fund I 2004 Vintage $700M • Fully integrated, operations intensive, execution-focused • Large team of in-house operations specialists Fund II 2007 Vintage $2.75B Experienced and stable leadership team Fund III 2012 Vintage $3.75B Cycle-tested over more than 25 years Fund IV 2016 Vintage $6.5B

Current Investment Vehicles Small Cap 2018 Vintage $1.5B Portfolio company revenue as of March 31, 2021. Pre-fund cash invested and Platinum Equity Capital 2019 Vintage Partners Funds I, II, III, IV and V; and Platinum Equity Small Cap total capital commitments. Fund V $10B

2 Broad Expertise and Global Reach ~40 Portfolio Companies with 81K+ Employees Across 6 Continents

17k+ 21k+ ~35k

~2k 2k+ ~3k

Reflects portfolio company headcount by continent as of March 2021. Excludes Ryerson.

Industry Agnostic Approach

Consumer / Retail Healthcare Media & Telecom Technology

Finance Industrials Natural Resources

3 A Flexible Investment Style

Investment Criteria Enterprise Value $100M–$10B Businesses with Operational Opportunities Historical Equity Deployments • Well-positioned in mature markets • Long-term customers and stable revenue $0–$1.2B • Can grow through acquisitions or investment Capacity to Write Equity Check up to • Business models with significant variable $2B+ cost structure • Ability to drive operational improvements Experts in Complex • Positive or negative EBITDA Transactions

Corporate Divestitures Public-to-Private

Private Transactions Special Situations

4 Core Competency

Acquiring Non-Core Divisions of the World’s Largest Corporations

Acquired the Network Acquired Wyndham Acquired the North Acquired LifeScan from Power business from European Vacation Rentals American tin plate division Johnson & Johnson for Emerson, rebranded as from Wyndham Worldwide. from Ball Corporation. $2.1 billion. Vertiv. Emerson retained a Rebranded as Awaze. Rebranded as Ball minority interest in the Metalpack. business.

The “O” The “O” The “O” The “O” • Build on portfolio of product • Integrate operations of • Drive, support and amplify • Drive share and incremental and service offerings for businesses acquired in the management identified value from digital data through power, thermal, and IT past. operational improvements. continued investment in management capabilities. technologies and software. • Streamline operations and • Improve distribution and • Rationalize complex systems structures. logistics via freight and • Increase online, retail, and landscape inherited through warehouse optimization, Point-of-Care presence in • Cross-sell inventory across multiple acquisitions. sourcing and overall plant floor select markets. brands and Europe. operations. • Emphasize growth, speed, • Improve operations and agility, and profitability. • Grow via organic opportunities supply chain. and revenue focused initiatives.

Status Status Status Status Divested: February 2020 Current: Acquired May 2018 Current: Acquired July 2018 Current: Acquired October 2018

5 Creating Value Across Transaction Types

Non-Core Divestitures/Complex Carve-Outs

Provider of blood glucose Rebranded as Neovia Rebranded as Vertiv; Manager of European monitoring products and Logistics; Global integrated Provider of mission-critical vacation rentals solutions for the treatment logistics services provider EUROPE infrastructure technologies of diabetes

Traditional

Provides mission-critical Global supplier of injection Global aerospace and services to U.S. Portable sanitation molding equipment and defense supply chain government agencies and and related site services to the plastics service provider international organizations service solutions industry

Distressed Businesses/ Industries in Transition

Rebranded as AEES; Australian print and Provider of wire harness Provider of wind turbine Local daily newspaper online directories and electrical distribution parts and services business products to automotive business OEMs and suppliers

Public-to-Private

Equipment rental for electronic test and Provider of labels and Provider of electronics Metals processing and measurement packaging solutions manufacturing distribution equipment services (“EMS”)

Special Situations

Equipment rental Rebranded as Global manufacturer of services provider in HydroChem; Provider A market-leading North capacitors used in a the U.S. primarily of industrial services American oilfield broad range of serving commercial to the oil, gas, and services provider electronics contractors energy industries

6 ® The Platinum Difference: M&A&O

At Platinum Equity, the “O” is fully integrated into everything we do.

People Process Results

It starts with our people – real Integration at the root level Well-informed, seamless operators • In-house operations specialists dig in transactions • Large in-house team with real from the very beginning • Ability to close with speed and world industry experience • Unique expertise drives thoughtful certainty • They know how to drive change diligence and tailored solutions in • Understand business operations better from the ground up often complex situations • Find value and opportunities where • Transition planning starts early, • Hands-on expertise across many others do not functional areas: ensuring seamless carve-outs • Manufacturing • M&A stays engaged post-close to build enterprise value M&A Execution • IT • Distribution Operational toolkit Portfolio Operations & Transitions Operations • Supply Chain • Production Rationalization • Procurement • CapEx to take Company Management • Real Estate advantage of strategic opportunities • HR & Benefits • Cost Reduction • Treasury & Cash Management • Restructuring Differentiated approach to • Sales & Marketing • Enhancing Revenue Growth unlocking value • Corporate Communications • Pricing Strategy • Apply disciplined operational • Legal • Margin Expansion improvements to build enterprise value • Tax • Digital Transformation • Collaborate with management to • Accounting empower them to drive change • Technology • Invest in systems for long-term growth

7 Evolution of the “O” Playbook

Pre-Fund / Fund I Fund I / Fund II Fund II / Fund III Fund III / Fund IV Fund IV / Fund V

Operations 5.0 Human Capital

Operations 4.0 Digital Transformation

Operations 3.0 Growth, Pricing & Margin Expansion

Operations 2.0 Operational Excellence & Merger Integration

Operations 1.0 Culture, Intensity, Cost, & Balance Sheet

8 Transacting with Industry Leaders

9 53 Deals in 12 Months

12 Platform Acquisitions PENDING PENDING PENDING

McGraw Hill Urbaser SVP Worldwide Ingram Micro Signed June 2021 Signed June 2021 Signed May 2021 July 2021

Game Taco / Paramount Global Club Car Cabinetworks WorldWinner Services June 2021 May 2021 May 2021 April 2021

Custom Truck One NDC Mad Engine Confidential Source March 2021 December 2020 December 2020 April 2021

11 Divestitures PENDING PENDING PENDING PENDING

Artesyn Consumer Multi-Color JM Swank Landal from Awaze Power Division Signed July 2021 Signed June 2021 Signed June 2021 Signed June 2021

ILG Sensis PrimeSource Compart Systems April 2021 March 2021 December 2020 December 2020

DoubleTree Bloomington Assets of Sigura Confidential Minneapolis South Hotel October 2020 September 2020 July 2020

Reflects deals signed or closed July 4, 2020 – July 3, 2021.

10 53 Deals in 12 Months (contd.)

30 Add-On Acquisitions

PENDING Solenis (Sigura) Dan Cake (Biscuit) Vakantie Makelaar Able Spiffy Biffy, LLC Signed July 2021 April 2021 (Awaze) (USS) PENDING December 2020 October 2020 Hexagon (Multi-Color) C&J Portables (USS) Signed June 2021 March 2021 Strandbergen (Awaze) Sanitary Solutions Inc PENDING December 2020 (USS) Datalot (Centerfield) Sony NMS (Deluxe) October 2020 Signed June 2021 March 2021 BCC Software (BlueCrest) PENDING December 2020 Charles Craft Co (Elevate Fifth Sun (Mad Engine) Herrods (Multi-Color) Textiles) Signed May 2021 March 2021 M.A.S.S. Services (USS) October 2020 December 2020 Brandwatch (Cision) Conner Ventures, LLC (USS) Global Site Services June 2021 February 2021 Carolina Container (USS) Services, Inc (USS) September 2020 Gofilex (Deluxe) A-Throne Co., Inc (USS) December 2020 May 2021 January 2021 Confidential Fairfield County Portables July 2020 Amberley House Sundog Media Toolkit (USS) (Awaze) (Deluxe) December 2020 Savings.com (Centerfield) May 2021 December 2020 Confidential Armadillo Portable Toilets Bornholm (Awaze) Landal Central Facilities (USS) Business.com May 2021 (Awaze) November 2020 (Centerfield) December 2020 Confidential

Reflects deals signed or closed July 4, 2020 – July 3, 2021.

11 Select Activity Highlights

Acquisitions

EUROPE

$7.2B Purchase Price $1.3B Purchase Price $2.1B Purchase Price Small Cap Fund Technology Hospitality Healthcare Acquisition Consumer Divestiture from HNA Divestiture from Divestiture from Technology Co Wyndham Worldwide Johnson & Johnson Private Transaction July 2021 May 2018 October 2018 February 2019

Divestitures

Sold to Cerberus Sold via Merger to Sold to United Rentals Sold to Global Management, L.P. SPAC for $2.1B Media for €1.2 billion Business Services Equipment Rental November 2018 Aerospace Services October 2018 October 2018 October 2018

The portfolio companies identified here are indicative of recent transactions that Platinum Equity has made and examples of companies it seeks to acquire. For an exhaustive list of all of Platinum Equity’s portfolio companies please see slides 14 to 22.

12 Our Current Portfolio Current Portfolio

Company Overview Description

Transaction Type: Divestiture from Emerson Embedded Computing division develops embedded computer systems for OEMs and systems integrators. Embedded Power Revenue: $263 Million division designs and manufactures power conversion products. Industry: Technology Acquisition Date: November 2013

Transaction Type: Private Transaction Comprises three business lines for government payments and corrections services that operate independently under the Revenue: $796 Million Aventiv corporate umbrella: Securus Technologies, JPay, and Industry: Business Services AllPaid. Acquisition Date: November 2017

Transaction Type: Divestiture from Wyndham Worldwide One of the largest managers of holiday rentals in Europe, Awaze has more than 110,000 units in over 600 destinations in Revenue: $594 Million more than 25 countries. The business operates more than two Industry: Hospitality dozen local brands, including cottages.com, James Villa Acquisition Date: May 2018 Holidays, Landal GreenParks, Novasol, and Hoseasons.

Transaction Type: Divestiture from Ball Corporation A packaging company that manufactures steel containers for aerosol products, food, household consumables, pet food, Revenue: $819 Million nutritional, and other products in the . Industry: Industrials Acquisition Date: July 2018

Transaction Type: Private Transaction A leading European manufacturer of private label sweet biscuits, including traditional biscuits and a growing portfolio of Revenue: $558 Million products for consumers with specific dietary requirements. Industry: Food and Beverage Acquisition Date: February 2020

14 Current Portfolio

Company Overview Description

Transaction Type: Divestiture from Pitney Bowes A global leader in enterprise print, mail, and customer communications solutions to a variety of industries and end- Revenue: $419 Million markets, providing a wide range of inserting, sorting, and Industry: Business Services printing-related equipment primarily for the transactional and Acquisition Date: July 2018 direct mail industries.

Transaction Type: Divestiture from Broadway Industrial Group Acquired the Broadway Foam Plastics Solutions business along with Compart Flow Control Devices. Broadway is a supplier of Revenue: $93 Million protective packaging solutions, insulation, and component Industry: Manufacturing products. Acquisition Date: December 2016

Transaction Type: Private Transaction The largest independently owned manufacturer and distributor of kitchen and bath cabinets in the United States under the Revenue: $1.8 Billion nation’s leading brands, including: KraftMaid, Medallion, Smart, Industry: Building Products Merillat, Yorktowne, Echelon, and more. Acquisition Date: May 2021

Transaction Type: Private Transaction Provider of technology-driven, digital performance marketing solutions to drive lead generation and end-to-end customer Revenue: $324 Million acquisition. Industry: Technology Acquisition Date: December 2019

Transaction Type: Public-to-Private A leading global provider of software and services to public relations and marketing communications professionals. Revenue: $750 Million Industry: Technology Acquisition Date: January 2020

15 Current Portfolio

Company Overview Description

Transaction Type: Divestiture from United Technologies Provider of wind turbine components and services. Total installed base of over 700 Clipper turbines at customer sites in Revenue: $12 Million the U.S. and Mexico. Industry: Natural Resources Acquisition Date: August 2012

Transaction Type: Divestiture from Ingersoll Rand A global manufacturer of golf cars, utility, personal transportation and other low-speed vehicles, including all-electric models, and Revenue: $841 Million related aftermarket parts and services Industry: Manufacturing Acquisition Date: June 2021

Transaction Type: Public-to-Private Transaction Leading providers of specialized truck and heavy equipment solutions, including rental, sales and aftermarket parts and Revenue: N/A service. Industry: Specialty Equipment Rental & Sales Acquisition Date: April 2021

Transaction Type: Divestiture from Multiple Sellers Processes freight bills, mines data, and consults on logistics of the global freight market. Revenue: $21 Million Industry: IT Services Acquisition Date: October 2001

Transaction Type: Divestiture from WorldCom Provides billing and back-office outsourcing services to telecommunications carriers, resellers, agents, and service Revenue: N/A providers. Industry: Telecom Acquisition Date: March 1997

16 Current Portfolio

Company Overview Description

Transaction Type: Private Transaction A marine contractor that specializes in cruise ship interiors, providing both new build and refit services to ship builders and Revenue: $165 Million cruise operators. Industry: Industrials Acquisition Date: October 2019

Transaction Type: Divestiture from Deluxe A leading provider of end-to-end post production services for the world’s leading content production studios. Revenue: $287 Million Industry: Entertainment Acquisition Date: June 2020

Transaction Type: Public-to-Private Equipment rental company providing electronic test and measurement equipment to customers in the U.S., Europe, Revenue: $340 Million and Asia. Industry: Equipment Rental Acquisition Date: August 2016

Transaction Type: Multiple Diversified manufacturer of textiles with operations in the U.S., Mexico, and China. Rebranded from International Textile Group Revenue: $1.1 Billion following acquisition of American & Efird. Industry: Diversified Industrials Acquisition Date: October 2016

Transaction Type: Private Transaction Fantini Group Vini acquires grapes from local farmers, oversees production and markets wines under specialty labels to Revenue: $101 Million customers internationally. Industry: Food and Beverage Acquisition Date: March 2020

17 Current Portfolio

Company Overview Description

Transaction Type: Private Transaction A premier skill-based mobile gaming platform that joins gamers from around the world to play and compete in tournaments. Revenue: $27 Million Industry: Interactive Entertainment Acquisition Date: May 2021

Transaction Type: Private Transaction Hunterstown is an 810 MW natural gas-fired, combined-cycle power plant built in 2003 and located in the PJM region. Revenue: $168 Million Produces and sells electric energy, capacity, and ancillary Industry: Natural Resources services to the wholesale power generation sector. Acquisition Date: June 2018

Transaction Type: Private Transaction Global supplier of injection molding equipment and services to the plastics industry. A leading provider of PET systems, Revenue: $1.2 Billion aftermarket tooling, medical molds, and specialty closure molds. Industry: Diversified Industrials Acquisition Date: March 2018

Transaction Type: Private Transaction Global provider of frozen seafood products, including hake, Argentine red shrimp and squid. The company is vertically Revenue: $404 Million integrated across the full value chain, including wild catch, Industry: Food and Beverage processing, commercialization and distribution. Acquisition Date: May 2019

Transaction Type: Private Transaction A leading global aerospace and defense supply chain service provider. Headquartered in Derby, UK. Pattonair merged with Revenue: $1.6 Billion Wesco Aircraft and the combined company now operates as Industry: Aerospace, Defense & Government Services Incora. Acquisition Date: October 2017

18 Current Portfolio

Company Overview Description

Transaction Type: Divestiture from HNA Group The world’s largest provider of technology logistics services and solutions. Ingram Micro enables business partners to operate Revenue: $49 Billion more efficiently through its vast global infrastructure and focus Industry: Technology on cloud, mobility, technology lifecycle, supply chain and Acquisition Date: July 2021 technology solutions.

Transaction Type: Divestiture from Conagra Foods National, full-line food ingredient distributor, operating from 24 distribution locations across the United States. Revenue: $500 Million Industry: Food & Beverage Acquisition Date: July 2016

Transaction Type: Divestiture from Newell Brands Provider of yearbooks, publications, jewelry and consumer goods that serve the K-12 educational, college and professional Revenue: $699 Million sports segments. Industry: Consumer Acquisition Date: December 2018

Transaction Type: Private Transaction A national wholesale distributor of cosmetics and general merchandise. Revenue: $246 Million Industry: Distribution Acquisition Date: June 2020

Transaction Type: Divestiture from Johnson & Johnson Purchased from Johnson & Johnson. Provider of blood glucose monitoring products and solutions for the treatment of diabetes. Revenue: $1.1 Billion Industry: Healthcare Acquisition Date: October 2018

19 Current Portfolio

Company Overview Description

Transaction Type: Private Transaction An international trade-services firm which specializes in customs brokerage, freight forwarding and trade consulting. It is Revenue: $329 Million Canada’s largest customs broker and the third-largest entry filer Industry: Business Services in the United States. Acquisition Date: April 2019

Transaction Type: Private Transaction A full-service, global apparel and accessories company that creates, designs, produces and distributes a full range of Revenue: $428 Million licensed, private label and branded products Industry: Business Services Acquisition Date: December 2020

Transaction Type: Multiple A leading global provider of labels and packaging solutions. Merged with WS Packaging in July 2019; WS Packaging Revenue: $2.1 Billion operates as a Multi-Color business unit. Industry: Packaging Acquisition Date: February 2018 and July 2019

Transaction Type: Private Transaction One of the largest master distributors in healthcare and serves as an essential intermediary between medical supply Revenue: $810 Million manufacturers and a highly-fragmented base of regional and Industry: Distribution specialty distributor customers. Acquisition Date: March 2021

Transaction Type: Private Transaction Purchased parent company, Pro-Mark, from founders. Orbit is a provider of irrigation systems and related products for residential Revenue: $307 Million customers. Hydro-Rain serves the professional market with a Industry: Consumer line of contractor-grade irrigation and lighting products. Acquisition Date: February 2019

20 Current Portfolio

Company Overview Description

Transaction Type: Private Transaction A leading importer and distributor of premium porcelain tile and luxury vinyl tile used primarily in remodel and replacement Revenue: $156 Million projects by both residential and commercial end users. Industry: Building Products Acquisition Date: April 2021

Transaction Type: Public-to-Private A leading electronics manufacturing services (“EMS”) provider, offering design, manufacturing, testing, and supply chain Revenue: $294 Million services to global customers. Industry: Industrials Acquisition Date: April 2019

Transaction Type: Private Transaction Purchased as Ying Shing from the founder. Vertically integrated manufacturer of plastic injection molded and metal stamping Revenue: $179 Million components. Rebranded as Pearl Engineered Solutions. Industry: Diversified Industrials Acquisition Date: April 2015

Transaction Type: Public-to-Private Processes, fabricates, and distributes metal sheet, coil, plate, and long products through service centers in North America and Revenue: See public filings China. IPO’d in August 2014. Industry: Metals & Mining Acquisition Date: October 2007

Transaction Type: Divestiture from Lonza Acquired Lonza’s water care business. Rebranded as Sigura. A leading provider of innovative water treatment solutions with a Revenue: $607 Million leading global consumer brand in residential pool care and key Industry: Consumer // Chemicals positions in high growth industrial and municipal water care Acquisition Date: February 2019 markets.

21 Current Portfolio

Company Overview Description

Transaction Type: Private Transaction A leading distributor of heavy-duty truck and trailer products, and provider of advanced repair services. Revenue: $558 Million Industry: Distribution Acquisition Date: October 2019

Transaction Type: Private Transaction A leading provider of portable sanitation and related site service solutions in the United States. Revenue: $981 Million Industry: Industrial Services Acquisition Date: August 2017

Transaction Type: Divestiture from Cox Media Group One of the nation’s largest direct marketing service providers, reaching more than 100 million consumers through Valpak Revenue: $215 Million household mailers. Industry: Media Acquisition Date: December 2016

Transaction Type: Divestiture from Staples, Inc. A leading B2B distributor of office products in Australia and New Zealand. Rebranded as Winc. Revenue: $666 Million Industry: Business Services Acquisition Date: April 2017

Transaction Type: Corporate Divestiture Provides temporary access mat solutions to remote construction sites, primarily serving the oil/gas (pipeline) and powerline Revenue: $481 Million sectors in the U.S. that enable the navigation of difficult terrain Industry: Industrials and mitigation of environmental disruption, particularly in Acquisition Date: July 2018 federally protected wetland.

Portfolio company revenues shown are annual for the TTM year ending March 31, 2021. For companies acquired after March 31, 2021, revenues shown reflect 2020 annual revenue.

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www.platinumequity.com

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