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February 3rd, 2022, 8:00 AM CDTTHIRD QUARTER FISCAL 2022
February 3rd, 2022, 8:00 AM CDTTHIRD QUARTER FISCAL
President and Chief Executive OfficerNEIL BRINKER
Executive Vice President and Chief Financial OfficerMICK LUCARELI
Vice President, Treasurer, Corporate Communications and IRKATHY POWERSForward -Looking Statements
This presentation contains statements, including information about future financial performance and market conditions, accompani ed by phrases such as
“believes,” “estimates,” “expects,” “plans,” “anticipates,” “intends,” and other similar “forward -looking” statements, as defined in the Private Securities Litigation
Reform Act of 1995. Modine's actual results, performance or achievements may differ materially from those expressed or implie d in these statements because of
certain risks and uncertainties, including, but not limited to those described under “Risk Factors” in Item 1A of Part I of t he Company's Annual Report on Form 10 -K
for the year ended March 31, 2021 and under Forward- Looking Statements in Item 7 of Part II of that same report and in the Compa ny’s Quarterly Report on Form
10-Q for the quarters ended June 30, 2021 and September 30, 2021. Other risks and uncertainties include, but are not limited to, the following: the impact of the
COVID -19 pandemic on the national and global economy, our business, suppliers, customers, and employees; the overall health and price -down focus of Modine’s
customers; our ability to successfully execute our strategic and operational plans, including our 80/20 strategy; our ability toeffectively and efficiently modify our
cost structure in response to sales volume increases or decreases and complete restructuring activities and realize benefits the reon; our ability to comply with the
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financial covenants in our credit agreements and to fund our global liquidity requirements efficiently; operational inefficie ncies as a result of program launches,
unexpected volume increases or decreases, product transfers, and delays or inefficiencies resulting from restrictions imposed inresponse to the COVID -19
pandemic; economic, social and political conditions, changes and challenges in the markets where Modine operates and competes , including foreign currency
exchange rate fluctuations, inflation, tariffs (and potential trade war impacts resulting from tariffs or retaliatory actions ), supply chain disruptions and supplier
constraints, including semiconductor chip shortages and logistic and transportation challenges, changes in interest rates or tightening of the credit markets,
recession, restrictions associated with importing and exporting and foreign ownership, public health crises, and the general uncertainties about the impact of
regulatory and/or policy changes, including those related to tax and trade, the COVID -19 pandemic and other matters, that have been or may be implemented in
the U.S. or abroad, and continuing uncertainty regarding the impacts of “Brexit”; the impact on Modine of any significant increa ses in commodity prices,
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19 Pages