Quanex Building Products Investor Presentation — January 2021

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Investor Presentation

Safe Harbor Statement

Note onForward Looking Statements :Statements thatusethewords “estimated,” “expect,” “could,” “should,” “believe,” “will,” “might,”

orsimilar words reflecting future expectations orbeliefs areforward -looking statements .Theforward -looking statements include, butarenot

limited to,thefollowing :impacts from public health issues (including pandemics, such astherecent COVID -19pandemic) ontheeconomy and

thedemand forQuanex’s products, theCompany’s future operating results, future financial condition, future uses ofcash andother

expenditures, expenses andtaxrates, expectations relating toQuanex’s industry, andtheCompany’s future growth, including anyguidance

discussed inthispresentation .Thestatements andguidance setforth inthisrelease arebased oncurrent expectations .Actual results or

events maydiffer materially from thisrelease .Foracomplete discussion offactors thatmayaffect Quanex’s future performance, please refer

totheCompany’s Annual Report onForm 10-Kforthefiscal year ended October 31,2020,andQuanex’s Quarterly Reports onForm 10-Q

under thesections entitled “Cautionary Note Regarding Forward -Looking Statements” and“Risk Factors” .Anyforward -looking statements in

thispresentation aremade asofthedate hereof, andtheCompany undertakes noobligation toupdate orrevise anyforward -looking

statements toreflect newinformation orevents .

Note onNon-GAAP Financial Measures :Adjusted NetIncome (Loss) (defined asnetincome further adjusted toexclude purchase price

accounting inventory step-ups,transaction costs, certain severance charges, gain/loss onthesaleoffixed assets, restructuring charges, asset