TPI Composites Investor Presentation — August 2024

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Q2 2024 Earnings Call

August 8th, 2024Legal Disclaimer2

This presentation contains forward -looking statements within the meaning of

Section 27A of the Securities Act of 1933, as amended, and Section 21E of

the Securities Exchange Act of 1934, as amended (the Exchange Act). All

statements other than statements of historical facts contained in this

presentation, including statements regarding our future results of operations

and financial position, business strategy and plans and objectives of

management for future operations, are forward -looking statements. In many

cases, you can identify forward -looking statements by terms such as “may,”

“should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “targets,”

“projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or

“continue” or the negative of these terms or other similar words. Forward -

looking statements contained in this release include, but are not limited to,

statements about: i. competition from other wind blade and wind blade

turbine manufacturers; ii. the discovery of defects in our products and our

ability to estimate the future cost of warranty campaigns; iii. the current

status of the wind energy market and our addressable market; iv. our ability

to absorb or mitigate the impact of price increases in resin, carbon

reinforcements (or fiber), other raw materials and related logistics costs that

we use to produce our products; v. our ability to absorb or mitigate the

impact of wage inflation in the countries in which we operate; vi. our ability to

procure adequate supplies of raw materials and components to fulfill our

wind blade volume commitments to our customers; vii. the potential impact

of the increasing prevalence of auction -based tenders in the wind energy

market and increased competition from solar energy on our gross margins

and overall financial performance; viii. our future financial performance,

including our net sales, cost of goods sold, gross profit or gross margin,

operating expenses, ability to generate positive cash flow and ability to

achieve or maintain profitability; ix. changes in domestic or international

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