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TPI Composites investor presentation dated June 2021.
COMPANY PRESENTATION
This presentation contains forward- looking statements within the meaning of the federal securities law. 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 m anagement 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,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,”
“potential” or “continue” or the negative of these terms or other similar words. Forward- looking statements contained in this pr esentation include, but are not limited to, statements about: ( i) the potential
impact of the COVID -19 pandemic on our business and results of operations; (ii) competition from other wind blade and wind blade turbine manufacturers; (iii) the discovery of defects in our products and our
ability to estimate the future cost of warranty campaigns; (iv) growth of the wind energy market and our addressable market; (v)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; (v i) 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; (vii) changes in domestic or international government or regulatory policy,
including without limitation, changes in trade policy; (viii) the sufficiency of our cash and cash equivalents to meet our li quidity needs; (ix) our ability to attract and retain customers for our products, and to
optimize product pricing; (x) our ability to effectively manage our growth strategy and future expenses, including our startup and transition costs; (xi) our ability to successfully expand in our existing wind energy markets and into new international wind energy markets, including our ability to expand our field service inspection and repair services business and manufacture wind blades for offshore wind energy
projects; (xii) our ability to successfully open new manufacturing facilities and expand existing facilities on time and on budget; (xiii) the impact of the accelerated pace of new product and wind blade model
introductions on our business and our results of operations; (xiv) our ability to successfully expand our transportation busi ness and execute upon our strategy of entering new markets outside of wind energy;
(xv) worldwide economic conditions and their impact on customer demand; (xvi) our ability to maintain, protect and enhance our i ntellectual property; (xvii) our ability to comply with existing, modified or new
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