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May 26th, 2022, 8:00 AM CDTFOURTH QUARTER FISCAL 2022
May 26th, 2022, 8:00 AM CDTFOURTH QUARTER FISCAL
President and Chief Executive OfficerNEIL BRINKER
Executive Vice President and Chief Financial OfficerMICK LUCARELI
Vice President, Treasurer, and Investor RelationsKATHY POWERS3Forward -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, September 30, 2021 and December 31, 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 emplo yees; the overall health and
pricing focus of Modine’s customers; our ability to successfully execute our strategic and operational plans, including apply ing80/20 principals to our business; our
ability to effectively and efficiently modify our cost structure in response to sales volume increases or decreases and compl eterestructuring activities and realize
benefits thereon; our ability to comply with the financial covenants in our credit agreements and to fund our global liquidit y requirements efficiently; operational
inefficiencies as a result of program launches, unexpected volume increases or decreases, and product transfers; economic, so cial and political conditions, changes
and challenges in the markets where Modine operates and competes, including foreign currency exchange rate fluctuations, infl ation, tariffs and sanctions (and
potential trade war impacts resulting from tariffs, sanctions or retaliatory actions), supply chain disruptions and supplier con straints, including semiconductor
shortages and logistic and transportation challenges, changes in interest rates or tightening of the credit markets, recessio n, restrictions associated with importing
and exporting and foreign ownership, public health crises, and the general uncertainties about the impact of regulatory and/o r policy changes, including those
related to tax and trade, the COVID -19 pandemic, the military conflict in Ukraine and other matters, that have been or may be implemented in the U.S. or abroad;
the impact on Modine of any significant increases in commodity prices, particularly aluminum, copper, steel and stainless ste el (nickel) and other purchased
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