Trex Company Investor Presentation — May 2021 - Trex Company

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May 2021INVESTOR PRESENTATION

This presentation contains “forward -looking statements” within the meaning of Section 27A

of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These

statements are subject to risks and uncertainties that could cause the Company’s actual

operating results to differ materially from those contemplated by the forward -looking

statements. For further information on risk factors affecting the Company’s business, please

refer to our most recent annual and quarterly reports filed with the U.S. Securities and

Exchange Commission. The Company expressly disclaims any obligation to update or revise

publicly any forward -looking statements, whether as a result of new information, future

events or otherwise.

This presentation refers to certain financial measures not prepared in accordance with U.S.

generally accepted accounting principles (GAAP), including adjusted net sales, adjusted

gross margin, adjusted earnings before interest, taxes, depreciation and amortization

(EBITDA), adjusted operating income, adjusted diluted earnings per share (EPS), free cash

flow, and net debt. We believe that the use of non -GAAP measures helps investors to gain a

better understanding of our core operating results and future prospects, consistent with

how management measures and forecasts the Company’s performance, especially when

comparing such results to previous periods or forecasts. The non -GAAP measures included

in this presentation are not meant to be considered superior to or a substitute for our GAAP

results. Reconciliations of the non -GAAP measures to the most directly comparable GAAP

measures are available in the appendix to this presentation.SAFE HARBOR / NON -GAAP MEASURES

225 YEARS AND COUNTING OF LEADERSHIP

Engineering what’s next in Outdoor Living®

Full suite of Outdoor Living products

Strongest industry recognition and awards from

home builders, consumers and contractors

Sustainable product innovation is in our DNA

Driving conversion from wood

New products for incremental consumers and fueling

Trex.com and Decks.com command nearly 70% of

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