Middleby(MIDD) - 2025 Q1 - Earnings Call Presentation

Q1 Earnings Update May 7, 2025 1 MIDDLEBY SHARE REPURCHASE STRATEGIC PRIORITIZATION OF CAPITAL TO MIDDLEBY SHARE REPURCHASES www.middleby.com 2 Vast majority of free cash flow will be deployed to Middleby share repurchases Strategic step underscores strong confidence in our business; share price does not reflect long-term inherent value Repurchases to complement ongoing priority of realizing Organic Growth from Innovation & Go-to-Market Investments Acquisitions on a highly opportunistic and strategic basis ...