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Q3 2023 • Revenue of $1.65 billion, down 5.7 percent, or 7.4 percent in constant currency. • GAAP net income of $49 million, or $0.28 per share, up $432 million or $2.76 per share, yearover-year, respectively. • Operating cash flow of $124 million, up $132 million year-over-year. • Free cash flow of $112 million, up $130 million year-over-year. • Announces Reinvention, expected to deliver improvement in adjusted operating income of at least $300 million by 2026.

Industry digital inkjet leader Scott Schinlever has re-joined Electronics For Imaging, Inc. in a new role as chief operating officer for EFI’s global inkjet business. Schinlever, who starts in his new position today, has been charged with further expanding EFI’s market-leading industrial inkjet portfolio, while facilitating the analog-to-digital transformation throughout the industry for EFI’s current and future customers. Schinlever will be responsible for all equipment, ink, and service solutions throughout the vast EFI™ portfolio in Display Graphics, Textiles, Packaging and Building Materials. Schinlever, who most recently was president and COO of Automation Solutions for Tolland, Connecticut-based Gerber Technology, had a long career managing the marketing, growth and development of EFI VUTEk® printers and other EFI inkjet technologies. He joined the digital print industry in the late 1990s, working with the Xerox® Office Systems Group. In 2001, he took on a marketing position at the pioneering superwide-format printer manufacturer VUTEk, a company EFI acquired in 2005. Schinlever continued to rise through the ranks at EFI following that acquisition, becoming senior vice president and general manager for EFI Inkjet Solutions – the company’s largest business unit – before joining Gerber Technology in 2018.

Revenues went from $467.8 million in the third quarter of 2016 to $477.7 million in the third quarter of 2017, an increase of 2.1%. This increase is attributable to the contribution from the acquisitions in the packaging division, as well as the favourable exchange rate effect and the organic growth in revenues for the Printing and Packaging Sector. Organic growth in revenues is attributable to higher volume in the packaging division and higher demand for all services to Canadian retailers, namely for flyer and in-store marketing printing services, as well as for premedia and door-to-door distribution services, notably under the terms of the expanded agreement with Lowe's Canada, partially offset by the decline in revenues from the other printing division verticals. Net earnings increased by $3.1 million, from $45.9 million in the third quarter of 2016 to $49.0 million in the third quarter of 2017. This increase is mostly attributable to the increase in operating earnings, partially offset by the increase in net financial expenses. On a per share basis, net earnings went from $0.59 to $0.64. Excluding restructuring and other costs (revenues) and impairment of assets, net of related income taxes, adjusted net earnings increased by $6.0 million, or 13.6%, from $44.1 million in the third quarter of 2016 to $50.1 million in the third quarter of 2017. On a per share basis, adjusted net earnings went from $0.57 to $0.65.