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Jefferies Industrials Conference New York September 10, 2026 Middleby Update Steve Spittle Chief Commercial Officer Brittany Cerwin Chief Financial Officer
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2 Styles Rounded Corners Y Shadows N Hierarchy of Highlights Gradients N Message Box Highlighted Boxes on the Page Highlight Table Rows / Maps Row Heading Cells in Tables Add doctop here Link to template Width: 33.867 cm Height: 19.05 cm Pages Setup Lines Headings on page Tables - Headings Tables - Rows Charts - Axes RGB 0,0,0 | Wgt: 1pt RGB 185,185,185 | Wgt: 0.5pt RGB 127,127,127 | Wgt: 0.75pt Charts - Lines Between Series: None N Lines Y (RG B and weight) Boxes Company Logos 0:47:80 0:110:182 226:45:63 228:222:212 139:178:221 191:191:191 205:219:224 161:188:196 129:179:224 244:242:238 217:217:217 229:229:229 255:255:255 0:0:0 23:60:93 Charts – Primary Colours Charts – Secondary Colours Background Text Colour Page Heading Colours 23:60:93 Subheading Safe Harbor Statement Statements in this presentation or otherwise attributable to the company regarding the company's business which are not historical facts are forward-looking statements made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995, including statements regarding our expectations with respect to our future performance. The company cautions investors that such statements are estimates of future performance and are highly dependent upon a variety of important factors that could cause actual results to differ materially from such statements. Such factors include variability in financing costs; quarterly variations in operating results; dependence on key customers; international exposure; foreign exchange and political risks affecting international sales; changing market conditions; the impact of competitive products and pricing; the timely development and market acceptance of the company's products; the availability and cost of raw materials; the costs, profitability, timing and the financial impact of, and charges associated with, the Company’s exit of brewing described in this presentation; and other risks detailed herein and from time-to-time in the company's SEC filings. Any forward-looking statement speaks only as of the date hereof, and the company does not undertake any obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise, except as required by law. Non-GAAP Financial Measures This presentation contains information about the company’s financial results which is not presented in accordance with accounting principles generally accepted in the United States (“GAAP”). The company refers to these measures as “non-GAAP” financial measures. The Appendix provides definitions and historical reconciliations to the most directly comparable GAAP financial measures for non-GAAP financial measures included in this presentation. Reconciliations of forward-looking Non-GAAP financial measures to the most directly comparable GAAP financial measures are not available because the timing and magnitude of certain items cannot be reasonably estimated at this time without unreasonable effort. The non-GAAP financial measures disclosed by the company should not be considered a substitute for, or superior to, financial measures prepared in accordance with GAAP, and the financial results prepared in accordance with GAAP. In addition, the non-GAAP financial measures included in this presentation do not have standard meanings and may vary from similarly titled non-GAAP financial measures used by other companies. The company believes that its presentation of non-GAAP financial measures is useful because it provides investors and securities analysts with the same information that it uses internally for purposes of assessing its core operating and financial performance. FORWARD LOOKING STATEMENTS