Pressure Technologies : Full year results presentation 2021

PRESSURE TECHNOLOGIES PLC

INVESTOR PRESENTATION - FULL YEAR RESULTS 2021

Disclaimer

This presentation has been prepared by Pressure Technologies plc (the "Company" or "Pressure Technologies") solely in connection with providing information on the Company and to certain institutional and professional investors in the United Kingdom.

This presentation does not constitute or form part of any offer or invitation to purchase, sell or subscribe for, or any solicitation of any such offer to purchase, sell or subscribe for, any securities in the Company nor shall this presentation or any part of it, or the fact of its distribution, form the basis of, or be relied on in connection with, any contract therefore. No reliance may be placed, for any purposes whatsoever, on the information contained in this presentation or on its completeness and this presentation should not be considered a recommendation by the Company or Singer Capital Markets or any of their respective affiliates in relation to any purchase of or subscription for securities of the Company. The content of this Presentation has not been verified and has not been approved by an authorised person. Reliance on this document for the purpose of engaging in any investment activity may expose you to a significant risk of losing all of the property invested or of incurring additional liability. If you are in any doubt about this document, you should consult an appropriate independent advisor.

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This presentation includes statements that are, or may be deemed to be, "forward-looking statements". Such forward-looking statements are based on assumptions and estimates and involve risks, uncertainties and other factors which may cause the actual results, financial condition, performance or achievements of the Company, or industry results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Given these uncertainties, prospective investors are cautioned not to place any undue reliance on such forward-looking statements. No representation or warranty express or implied is made as to the fairness, accuracy, completeness or correctness of the presentation or opinions contained therein and each recipient of the presentation must make its own investigation and assessment of the matters contained therein. In particular, but without prejudice to the generally of the foregoing, no representation or warranty is given, and no responsibility of liability is accepted, as to the achievement or reasonableness of any future projections or the assumptions underlying them, forecasts estimates or statements as to loss howsoever arising from any use of, or in connection with the presentation. No responsibility or liability whatsoever is accepted by any person for any loss howsoever arising from any use of, or in connection with the presentation or its contents or otherwise arising in connection therewith. In issuing the presentation, the Company does not undertake any obligation to update or to correct any inaccuracies which may become apparent in the presentation.

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PRESSURE TECHNOLOGIES PLC

INVESTOR PRESENTATION - FULL YEAR RESULTS 2021

Group Highlights

Good progress continued, results in line with market expectations, resilience through prolonged challenge of oil and gas

market conditions and disruptive backdrop of Covid-19

PRESSURE TECHNOLOGIES PLC

INVESTOR PRESENTATION - FULL YEAR RESULTS 2021

Group Financial Results

• Adjusted operating loss is operating loss before amortisation, impairments and other exceptional costs
  ** Adjusted operating cash outflow is operating cash flow before cash flow for exceptional items
  *** Net debt includes gross borrowings, asset finance leases, right of use asset leases, less cash and cash equivalents

PRESSURE TECHNOLOGIES PLC

INVESTOR PRESENTATION - FULL YEAR RESULTS 2021

Summary Profit & Loss