codiinvestordaypresentat

CODI Investor Day Presentation JANUARY 19, 2023

Legal Disclaimer This presentation contains certain forward-looking statements within the meaning of the federal securities laws. These statements may be made a part of this presentation or by reference to other documents we file with the SEC. Some of the forward-looking statements can be identified by the use of forward-looking words. Statements that are not historical in nature, including the words “anticipate,” “may,” “estimate,” “should,” “seek,” “expect,” “plan,” “believe,” “intend,” “target,” “poised,” references to future periods and similar words, or the negatives of those words, are intended to identify forward-looking statements. Certain statements regarding the following particularly are forward-looking in nature: future financial performance, market forecasts or projections, projected capital expenditures; and our business strategy. All forward-looking statements are based on our management’s beliefs, assumptions and expectations of our future economic performance, taking into account the information currently available to it. These statements are not statements of historical fact. Forward-looking statements are subject to a number of factors, risks and uncertainties, some of which are not currently known to us, that may cause our actual results, performance or financial condition to be materially different from the expectations of future results, performance or financial position. Our actual results may differ materially from the results discussed in forward-looking statements. Factors that might cause such a difference include but are not limited to the risks set forth in “Risk Factors” included in our SEC filings. In addition, our discussion may include references to Adjusted Earnings, Adjusted EBITDA, EBITDA, retained cash, cash flow, or other non-GAAP measures. A reconciliation of the most directly comparable GAAP financial measures to such non-GAAP financial measures is included in our annual and quarterly reports in Forms 10-K and 10-Q filed with the SEC as well as the attached Appendix. 2 In reliance on the unreasonable efforts exception provided under Regulation G and Item 10(e)(1)(i)(B) of Regulation S-K, we have not reconciled subsidiary adjusted EBITDA or adjusted earnings to their comparable GAAP measures because we do not provide guidance on net income (loss) or net income (loss) from continuing operations or the applicable reconciling items as a result of the uncertainty regarding, and the potential variability of, these items. For the same reasons, we are unable to address the probable significance of the unavailable information, which could be material to future results.

PATRICK MACIARIELLO COO Joined The Compass Group in 2005 Investment Committee Member Graduate of University of Notre Dame and Columbia Business School ELIAS SABO Founding Partner & CEO Responsible for directing CODI’s strategy Investment Committee Member Joined The Compass Group in 1998 as one of its founding partners Graduate of Rensselaer Polytechnic Institute RYAN FAULKINGHAM CFO CODI Presenters 3 Kurt Roth Partner & Head of Healthcare Zoe Koskinas Vice President & Head of ESG Responsible for leading CODI’s Healthcare efforts Joined The Compass Group in 2022 as one of its partners and Head of Healthcare Graduate of University of California, Berkeley Responsible for capital raising, accounting and reporting, financial controls, as well as risk assessment Investment Committee Member Joined The Compass Group in 2008 Graduate of Lehigh University and Fordham University Responsible for CODI’s commitment to environmental stewardship, corporate social responsibility, corporate governance and sustainability Joined The Compass Group in 2021 Graduate of University of Western Sydney and the Institute of Sustainability Leadership at Cambridge

Agenda Opening Remarks and Value Creation Roadmap – Elias Sabo State of the M&A Market – Pat Maciariello Launch of Healthcare Vertical – Kurt Roth CODI ESG – Zoe Koskinas Financial Review – Ryan Faulkingham 4 3 4 1 5 2

Opening Remarks and Value Creation Roadmap 5

CODI BY THE NUMBERS $7.0B+ Aggregate Acquisitions 23 Platforms & 32 Add-Ons $3.3B Invested Capital 11 Current Companies $2.3B+ TTM Proforma Revenue $464M+ TTM Proforma Adjusted EBITDA $167.0M TTM Adjusted Earnings ~$550M Available Revolver + Cash Permanent Capital Base 17% TTM Proforma Revenue Growth 17% TTM Proforma Subsidiary Adjusted EBITDA Growth Who is CODI? Compass Diversified (NYSE: CODI) owns and manages a diverse group of leading middle-market businesses Long-term ownership approach through permanent capital base Founded in 1998, came public in 2006 Currently own and manage seven branded consumer and four niche industrial subsidiaries Provide shareholders access to leading middle market businesses through public company transparency and liquidity CODI managed by The Compass Group SUBSIDIARIES 6 As of 9/30/22

Our History 2006 2018 2018 – Elias Sabo named CEO 2019 – Opportunistically Divested Manitoba Harvest & Clean Earth 20192014 2014 – Balance sheet restructuring May 2006 – IPO 2020 2020 – COVID-19 outbreak, Acquired BOA and Marucci 2021 - Opportunistically Divested Liberty Safe; Acquired Lugano Diamonds 2021 2022 2022 - Acquired PrimaLoft for $530M 7

Our History • Four subsidiaries, ~$70M subsidiary Adj. EBITDA • Cost of debt: mid-teens • Acquisition strategy: Acquire and manage market share leading businesses in stable industries at low multiples May 2006 – IPO • Refinanced debt with leading national bank • Added term loans, significantly lowered cost of debt • Increased use of leverage to lower WACC 2014 – Balance Sheet Restructuring • 10 subsidiaries, ~$258M subsidiary Adj. EBITDA • Accessed high yield market for first time with $400M, eight-year bond, 8% interest rate • Strategy shift: Acquire and manage market share leading businesses with strong growth profiles at prevailing market prices, opportunistically divest slower growth businesses, accelerate core growth rate 2018 – Elias Sabo Named CEO • Achieved record pricing – ~$900M in combined sale enterprise value - 2018 combined Adj. EBITDA of $46.5M (~19x multiple) • No new acquisitions despite record liquidity • 10th year of economic cycle coupled with record acquisition multiples favored divesting, not acquiring 2019 – Opportunistically Divested Manitoba Harvest & Clean Earth • Acquired BOA Technologies for $454M and Marucci Sports for $200M (pre-Lizard Skins) - BOA first year Adj. EBITDA¹ - $59.5M (7.6x forward multiple) - Marucci Sports first year Adj. EBITDA² - $27.8M (7.2x forward multiple) • Issued $200M of unsecured bonds at same pricing as 2018 despite pandemic distortions • Achieved slight organic growth despite global pandemic 2020 – COVID-19 Outbreak, Acquired BOA and Marucci 2021 - Opportunistically Divested Liberty Safe; Acquired Lugano Diamonds • Liberty Safe sale enterprise value of $147.5M (7.8x 2020 EBITDA; 13.5x 2019 EBITDA) • Acquired Lugano Diamonds for $268M - First year Adj. EBITDA2 of $60.2M (4.4x forward multiple) • Refinanced debt – issued $1B of 8-year unsecured bonds at 5.25%; $300M of 10-year unsecured bonds at 5% - Saves $36.5M3 (>$0.55/share) per year in lower financing costs 2022 - Acquired PrimaLoft for $530M • Issued $400M of Term Loan A, taking advantage of secured debt capacity • 11 subsidiaries, $464M subsidiary TTM Adj. EBITDA4, up 17% over prior year 1. Measurement period is LTM 6/30/21. 2. Measurement period is 2021. 3. Assumes 8% rate of savings and 64.9M historical share count at the time of bond refinancing. 4. Measurement period is LTM 9/30/22. 8

Our Business Transformation is Accelerating Our Core Growth Rate Pro Forma Subsidiary Growth Profile 9 1. Revenue, Adj. EBITDA, capex shown pro forma for acquisition of Lugano Diamonds and PrimaLoft and divestiture of Liberty Safe. 2. Growth capex at 5.11 for retail store rollout. 3. Subsidiary Adj. EBITDA does not include $52M of management fees and $17M corporate expenses. Subsidiaries ($ in millions) Year Acquired TTM AT 9/30/22(1) Purchase Price + Add-onsRevenue Revenue Growth Rate Subsidiary Adj. EBITDA Adj. EBITDA Growth Rate Adj. EBITDA Margin Capital Expenditures 2016 $475 8.0% $66 2% 14% $19(2) $400 2017 $245 -10% $39 -28% 16% $5 $268 2010 $93 10% $17 11% 18% $1 $168 2021 $180 75% $60 73% 33% $5 $268 2020 $154 47% $32 13% 21% $4 $249 2020 $211 42% $82 49% 39% $5 $454 2022 $78 32% $32 44% 40% - $530 Total Branded Consumer: $1,437 18% $328 19% 23% $39 2014 $357 -6% $43 -8% 12% $3 $347 2018 $257 58% $40 28% 16% $3 $321 2012 $154 24% $25 44% 16% $6 $165 2006 $90 3% $27 6% 30% - $100 Total Niche Industrial: $860 14% $136 12% 16% $12 Consolidated: $2,297 16.6% $464(3) 17.0% 20% $51 $3,270 Operating cash flow margin18%

Zooming in on The Assets Driving This Transformation 10 Collectively, these companies represent $240M of TTM Adj. EBITDA (52% of total consolidated TTM Adj. EBITDA), growing at strong double-digit growth rates with positive outlooks to sustain this growth. • Disruptive technology, low market penetration • Significant IP • Highly diversified customer base • Historical earnings growth rate of 40%+ • $82M in TTM Adj. EBITDA • Disruptive technology, low market penetration • Strong IP • Global brand rooted in sustainability • Historical earnings growth rate of ~20% • Highly diversified customer base • $32M in TTM Adj. EBITDA • Disruptive business model, low market penetration • Historical 50%+ earnings growth rate • $60M in TTM Adj. EBITDA • Authentic niche global brand • Diversified revenue channel • Historical 10%+ earnings growth rate • $66M in TTM Adj. EBITDA

Where Are We Going? 2023 And Beyond. 11 2023+ - Achieve subsidiary Adj. EBITDA of $1B by 2028. How? • 11 current companies producing subsidiary Adj. EBITDA of ~$465M in 2022E1, growing at a core growth rate of 8-10% - 3-year pro forma growth – 2020 ~+1%; 2021 +34%; 2022E1 +12% (CAGR +16%) - ~$715M2 in subsidiary Adj. EBITDA in 2028 - Acquisition strategy requires $285M of additional net Adj. EBITDA • Future state of 15+ subsidiaries, $1B+ Adj. EBITDA, avg. company size >$50M, similar core growth profile as today - Generate significant levels of free cash flow - Improve credit ratings and lower cost of capital - Expand ESG efforts, creating a platform that provides essential capital in a societally responsible manner 1. Based on the guidance midpoint as of the Company’s third quarter earnings call. 2. Assumes no growth in 2023 due to global macro headwinds but core growth rate resumes thereafter.

Financial Targets 121. Outlook provided on third quarter 2022 earnings call. Figures represent midpoint of ranges given. 2. These estimates are preliminary and subject to change. 3. Represents midpoint of 2028 growth target percentage range. 2022E¹ 2023E² Long-Term Growth Targets Subsidiary Adj. EBITDA $465M $465M 8%-10% Adj. Earnings $150M $140M 12%-15% Dividend $1.00 $1.00 (~5% yield) Higher Adjusted Earnings growth rate is being driven by the leverage gained from fixed expenses like management fees, corporate expenses, interest and preferred costs -10% v. 2023E (~$715M³) 1 - v. 2023E (~$265M³) 2028 GROWTH TARGETS

Announced Sale of Advanced Circuits PURCHASE PRICE (MAY 2006) $81M +$19M in add-on acquisitions DESCRIPTION Manufacturer of quick-turn, small-run and production rigid printed circuit boards ANNOUNCEMENT DATE (JAN 2023) January 19, 2023 - Compass Diversified announced the definitive agreement to sell Advanced Circuits, Inc. (ACI) to APCT, Inc., a leading manufacturer of high reliability printed circuit boards, and portfolio company of Industrial Growth Partners $220M Cash at close $100M - $110M Expected pre-tax gain on sale Pay off outstanding revolver borrowings USE OF PROCEEDS 13

How CODI Intends to Drive Long-Term Shareholder Value 14 CODI is poised to deliver double digit earnings growth while also returning capital through its quarterly dividend (currently yielding ~5%). HOW? 1) M&A - Achieve a higher rate of return on acquired assets than the return lost from opportunistic divestitures - Since 2018 our three divestitures have realized a multiple of 16x - Our four acquisitions were at an average multiple of 8x first 12 months of CODI ownership¹ - Earnings dilution from a sale is temporary – earnings power recouped upon the consummation of another acquisition 2) Widen our WACC advantage (principally versus private equity investors) 3) $50M share repurchase plan announced today - Allows CODI to opportunistically drive shareholder value when market prices become dislocated from intrinsic value 1. PrimaLoft data is as of the last twelve months ended 9/30/22, only 1 full quarter of CODI ownership.

State of the M&A Market 15

State of the M&A Market 16 $- $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 $180,000 Q1 2021 Q2 2021 Q3 2021 Q1 2022 Q2 2022 Q3 2022 Global M&A Transaction Value - Targets Under $500M EV Data provided by S&P Capital IQ $- $20,000 $40,000 $60,000 $80,000 $100,000 $120,000 $140,000 $160,000 $180,000 Q1 2021 Q2 2021 Q3 2021 Q1 2022 Q2 2022 Q3 2022 Global M&A Transaction Value - Targets Under $100M EBITDA (disclosed values) Total Transaction Value Number of Transactions 632 403 370 319 597 562 1788 1685 1391 1128 2048 1960 ($USD M) Total Transaction Value Number of Transactions Deal activity down significantly given economic headwinds and macro backdrop ($USD M)

State of the M&A Market 17 Source: Pitchbook. U.S data. 1. LBO multiples use purchase price in the numerator 2. Values approximated for 2010 – 2020. *As of September 30, 2022 Like other illiquid markets, prices are sticky, though with far fewer transactions 9 9.5 9 9.5 11 11 10.5 11 11 11 11 11.1 11.5 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022* Buyout EV/EBITDA Multiples1, 2 4.7 5.2 5.3 5.4 5.8 5.6 5.4 5.8 5.8 5.9 5.7 5.8 5.9 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022* Buyout Debt/EBITDA Ratios

State of the M&A Market 18 We expect an uptick in relevant deal activity in 2023 Much of 2022 deal activity was not relevant to CODI • Numerous minority/non-control transactions often designed to provide liquidity while maintaining favorable credit arrangements • Secondary limited partner sales • Strategic transactions often relying on cost savings for investment case “Avalanche” of restructuring-related transactions has not occurred, though beginning to see some lender-driven transactions Believe transaction pace likely to increase driven by either improved growth prospects, more solid economic footing or increased number of distressed deals in recessionary scenario CODI remains disciplined though well-positioned to invest opportunistically regardless of recession or recovery in 2023

Launch of Healthcare Vertical 19

Kurt Roth Partner, Head of Healthcare • Hired Nov 2022, responsible for leading CODI’s diversification efforts into newest Healthcare vertical • Decade-long professional relationship with senior members of Compass prior to joining • Most recent role: SVP, Corporate Development and Strategy at Sotera Health Company (NASDAQ: SHC) • 25+ years of M&A and business development experience; served as a managing director in Baird’s investment banking unit before Sotera Health Launch of Healthcare Vertical Introduction to Kurt Roth Relevant Experience • Disciplined approach to M&A enabled the successful completion of two transformational and six bolt-on transactions • Strategically expanded the TAM in outsourced MedTech and Pharma Services, increased the corporate growth rate and margins • EBITDA increased 2.5x over Kurt’s seven-year tenure 20

21 We expect several positive secular trends to drive increased spending for healthcare and outsourced & ancillary services Healthcare Industry Overview Annual growth in U.S. health expenditures will average 5.1% over 2021-2030 and reach $6.8T by 2030 (~20% of GDP)¹ This will be driven by: Aging demographic trends coupled with higher levels of access to healthcare Growth in R&D spending and innovation Increasingly complex supply chains and regulatory environment3 2 1 1. The Centers for Medicare & Medicaid Services

22 Healthcare Industry Overview (continued) Aging demographic trends coupled with higher levels of access to healthcare • Healthcare demand is increasing globally • World population expected to increase by nearly 2.0B in the next 30 years, from 8.0B to 9.7B in 2050¹ • One in six people are projected to be over 65 by 2050, up from one in eleven in 2019¹ • Percentage of U.S. population without access to healthcare insurance was 8.3% in 2021, down from 13.3% in 2013² We expect several positive secular trends to drive increased spending, such as: 1 1. The Centers for Medicare & Medicaid Services 2. U.S. Census Bureau

23 Healthcare Industry Overview (continued) Growth in R&D spending and innovation across healthcare • Pharmaceutical and medical device industries continuously innovating and developing new products and treatments • Worldwide pharmaceutical R&D spending expected to grow steadily at a 3% CAGR between 2021 and 2028, reaching $285B¹ • Global pharmaceutical manufacturing market projected to grow at a 12.4% CAGR, reaching $914.9B by 2027 • Top 10 medical device companies expected to grow R&D spending by 4% between 2021 and 2028, reaching $23B² We expect several positive secular trends to drive increased spending, such as: 2 1. EvaluatePharma® Aug 2022 2. EvaluateMedTech® World Preview 2022

24 Healthcare Industry Overview (continued) Increasingly complex supply chains and regulatory environment • More companies are outsourcing production to contract manufacturers, adding new modalities and exploring novel ways to reach patients • Due to supply chain burdens and advances in technology, FDA’s FY2023 budget is $8.4B – a nearly 34% increase over FY2022 • Companies are struggling to keep up with ever-evolving regulatory requirements and increasingly outsourcing these requirements to specialized regulatory consultants We expect several positive secular trends to drive increased spending, such as: 3

25 We are focused on partnering with growing middle-market businesses across the broad Healthcare sector Healthcare Investment Criteria Acquisition criteria:  Headquartered in North America  Industry leader within respective sub-sector  Highly defensible market position  Strong management team  Stable and growing EBITDA of $20M+  Asset light, high free cash flow What we are NOT Pursuing: × Biotech companies × Pre-revenue or negative EBITDA companies × Companies dependent upon healthcare reimbursement

26 Target Healthcare Sectors While we are interested in all areas of Healthcare, we have a particular focus on the following sectors: OUTSOURCED PHARMA SERVICES • CDMO: Small/large molecule, API, finished dosage form, packaging, cold chain • CRO: Drug discovery, preclinical, clinical • CCO: Reg affairs, consulting, patient support, hub services OUTSOURCED MEDICAL MANUFACTURING SERVICES • Design and engineering • Medical device CRO and consulting • Medical manufacturing • Coatings • Packaging and post-manufacturing services • Lab consumables and services OUTSOURCED PROVIDER SERVICES • Outsourced physician services • Clinical provider services • Provider business services • Medical equipment management & logistics

CODI ESG 27

Sustainability is a Business Strategy 28 Companies must embody a clear reason to exist above and beyond the pursuit of profit in order to succeed in today’s world. Companies are being challenged on multiple fronts - economic, societal, geopolitical, technological and environmental. Companies must change the way they do business if they want to stay in business – making sustainability a core business strategy.

29 Do you have a framework? Do you have goals? Do you have KPI’s and practices in place to measure, track and report? Do you have a governance structure model in place? Where does accountability for ESG ultimately reside? Most Common Questions from Investors

WHY? We have a responsibility to play an important role in driving a more sustainable future 30 CODI’s DRIVERS: Gaining long-term value by identifying companies with strong ESG performance Protecting acquisitions against ESG risks by selecting companies that are equipped to deal with turbulence Capture ESG upside by identifying areas of potential value and executing on such opportunities What does ESG mean to CODI? Our material ESG factors are viewed as long-term drivers of value, facilitating oversight of our acquisitions and ability to address the needs our stakeholders

ESG Progress to Date Develop CODI’s ESG Policies and Procedures Leverage ESG Learnings to Help Subsidiary Companies Implement ESG Policies, Processes and Reporting Publicly released our ESG statement Established an ESG committee Introduced board ESG champion and board ESG training Engaged with subsidiaries to implement a standardized ESG data collection process Developed CODI core metrics and minimum standards Initiatives Analysis of International Frameworks and Rating Agencies Progress 31

ESG Framework Design Apply a more holistic and adaptable approach to our investment thesis Sets the parameter for our company leaders to make informed decisions Allows for subsidiary adaptation and customization Aligns with our culture of enhancing long-term returns that benefit people and planet Manage risk quickly and capitalize on bigger opportunities Dynamic and allows for engagement 32

Framework Our ESG framework is built on two key pillars, and supported by eight priority areas, collectively underpinned by sound governance practices Future-Thinking For Our People & Planet Climate action - reducing greenhouse gasses and reducing overall waste Trusted Partner With All Key Stakeholders Employees Encouraging diversity and inclusion of people and thought Attracting and retaining world-class talent Supporting health and well-being Investors Business Partners Community Partners 33 Governance

Today Framework 1 Ambitious Pillars 2 Material Focus Areas 8 Core Metrics Minimum Standards 10 10 Next Steps Measure progress Designate executives as champions Set time bound targets Collect baseline data Report on progress 34

ESG Committee CODI Governance Structure Oversight Through ESG Board Sponsor & Audit Committee Drives Strategic Integration • Approves strategy and policy • Executive sponsorship • Training and development Governs Special Projects • ESG rating agencies and global framework adoption • ESG partnerships Core Metrics and Minimum Standards Measurement, Monitoring and Data Centralization Responsible for delivery and outcome Guidance for subsidiary adoption and strategies including ESG toolkits Subsidiary Adoption and Integration Head of ESG Board CEO 35

ESG ESG as a Strategic Driving Force Risk mitigation into a value creation agenda ESG is integral and built into our business strategy Actions and investments have shifted from tactical to strategic We are not slowing down Proactive mindset allowing us to leverage opportunity 36

Your Questions Answered Do you have a framework? 1 2 3 37 4 5 Do you have goals? Do you have KPI’s and practices in place to measure, track and report? Do you have a governance structure model in place? Where does accountability for this work ultimately reside? 37

38 Financial Review

39 Revenue and EBITDA (Figures in all tables below are in millions) 1. Net sales for Lugano and PrimaLoft are pro forma as if the Company had acquired these businesses on January 1, 2021. Historical net sales for Lugano prior to acquisition on September 3, 2021 were $18.7 million and $71.2 million, respectively, for the three and nine months ended September 30, 2021. Historical net sales for PrimaLoft prior to acquisition on July 12, 2022 were $2.3 million and $55.2 million, respectively, for the three and nine months ended September 30, 2022, and $12.9 million and $52.4 million, respectively, for the three and nine months ended September 30, 2021. PF REVENUE — QTD PF REVENUE — YTD PF ADJ. EBITDA — QTD PF ADJ. EBITDA — YTD Three months ended September 30, 2022 Three months ended September 30, 2021 Increase (decrease) % Niche Industrial $33.2 $33.0 $0.3 0.8% Branded Consumer¹ $85.3 $68.8 $16.5 24.0% PF Adj. EBITDA $118.5 $101.8 $16.7 16.5% Nine months ended September 30, 2022 Nine months ended September 30, 2021 Increase (decrease) % Niche Industrial $632.8 $559.1 $73.8 13.2% Branded Consumer¹ $1,091.5 $936.6 $154.8 16.5% PF Net Revenues $1,724.3 $1,495.7 $228.6 15.3% Nine months ended September 30, 2022 Nine months ended September 30, 2021 Increase (decrease) % Niche Industrial $102.2 $92.2 $10.0 10.8% Branded Consumer¹ $256.8 $217.5 $39.3 18.0% PF Adj. EBITDA $359.0 $309.7 $49.3 15.9% ($ Three months ended September 30, 2022 Three months ended September 30, 2021 Increase (decrease) % Niche Industrial $219.4 $205.0 $14.4 7.0% Branded Consumer¹ $380.5 $314.8 $65.8 20.9% PF Net Revenues $599.9 $519.7 $80.2 15.4%

40 Recent Strong Financial Performance Significant Increase in Adj. Earnings and Subsidiary Pro Forma Adj. EBITDA Over Past Three Fiscal Years in USD (millions) $70.5 $135.7 $150.0 $303.6 $414.3 $465.0 2020 2021 2022E* Adjusted Earnings Subsidiary Adjusted EBITDA * Guidance midpoint as of the Company’s third quarter earnings call Note: Subsidiary Adj. EBITDA proforma for acquisitions of BOA, Marucci, Lugano and PrimaLoft

Strong Balance Sheet as of September 30, 2022 41 Created duration and fixed cost of capital at historic low rates Opened secured capacity to fund additional acquisitions (e.g., PrimaLoft) at attractive rates 47% 9% 38% Debt Preferred Equity $1,000M 5.25% Fixed Due 2029 $300M 5.0% Fixed Due 2032 70% of Debt Fixed at Blended 5.20%Cash: $61.3M Revolver: $113M Term Loan: $397.5M Leverage and Availability Total Leverage: ~3.9x Secured Leverage: ~1.1x Revolver Availability: ~$485M BALANCE SHEET & SECURED DEBT OVERVIEW UNSECURED DEBT OVERVIEW CAPITAL STRUCTURE Rate on debt: 5.2% Rate on preferred: 7.7%

42 42 Transformed Business Stands to Benefit from Increased Retained Cash Significant increase in retained cash since 2019 $(36.5) $3.7 $55.3 $72.6 2019 2020 2021 YTD 9/30/22 (Before change in working capital) See appendix for retained cash reconciliation Strong subsidiary operating performance leading to increased retained cash Robust retained cash offers enhanced opportunity for growth • Deploying capital in pursuit of new acquisitions • Investing in subsidiaries • Organically de-levering Will provide continued momentum in lowering WACC Retained Cash Over Past Four Years in USD (millions)

43 History of Successfully Deleveraging CODI has a demonstrated history of paying down its debt and is committed to staying conservatively levered 1.8 2.4 3.7 2.9 2.5 2.6 2.8 3 3.5 3.5 3.9 3.9 3.6 1.9 1.9 1.4 1.75 1.9 1.8 3.2 2.9 2.6 2.9 2.96 3.04 2.98 3.93 Mar-16 Jun-16 Sep-16 Dec-16 Mar-17 Jun-17 Sep-17 Dec-17 Mar-18 Jun-18 Sep-18 Dec-18 Mar-19 Jun-19 Sep-19 Dec-19 Mar-20 Jun-20 Sept-20 Dec-20 Mar-21 Jun-21 Sep-21 Dec-21 Mar-22 Jun-22 Sep-22 Mar-23 Reported Leverage at Quarter End FOXF Secondary Divestitures Divestitures Preferred Series Offering Pending ACI Sale & Organic Free Cash Flow Common Shares Secondary Offering ATM Equity Proceeds Series A Series B Series C Financial Policy of 3.0x – 3.5x remains the same 43

44 Appendix Q&A Q&A

Appendix 45

Retained Cash Before Working Capital 46 (Figures in thousands) Nine Months Ended September 30, 2022 Year Ended December 31, 2021 Year Ended December 31, 2020 Year Ended December 31, 2019 Net cash provided by operating activities $ (39,923) $ 134,051 $ 148,625 $ 84,562 Changes in operating assets and liabilities (working capital) 223,164 80,990 (2,008) 15,176 Less: Total capital expenditures (39,683) (41,696) (29,406) (34,898) Preferred distributions (18,136) (24,181) (23,678) (15,125) Common distributions (52,794) (93,834)1 (89,856) (86,256) Retained cash before working capital changes $ 72,628 $ 55,330 $ 3,677 $ (36,541) 1. Excludes Special Distribution of $57.1mm paid in September 2021

Net Income (Loss) to Non-GAAP Adjusted Earnings 47 Year Ended December 31, 2021 Year Ended December 31, 2020 Net income $ 126,809 $ 27,197 Income from discontinued options, net of tax 72,770 100 Gain on sale of discontinued operations, net of tax 7,665 13,531 Net income (loss) from continuing operations 46,374 13,566 Less: income (loss) from continuing operations attributable to noncontrolling interest 11,735 3,546 Net income (loss) attributable to Holdings - continuing operations 34,639 10,020 Adjustments: Distributions paid: preferred shares (24,181) (24,180) Amortization expense - intangible assets and inventory step-up 83,108 67,798 Loss on debt extinguishment 33,305 - Non-controlling shareholder compensation 11,437 8,966 Acquisition expenses 3,591 4,832 Integration services fee 4,863 2,125 Corporate tax effect (12,119) - Impairment expense - - Loss on sale of securities - - Other 1,100 922 Adjusted earnings $ 135,743 $ 70,483

Net Income (Loss) to Non-GAAP Adjusted Earnings 48 Three Months Ended Nine Months Ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Net income $ 2,585 $ 90,156 $ 63,282 $ 100,901 Gain on sale of discontinued operations 1,479 72,745 6,893 72,745 Income (loss) from discontinued operations, net of tax — (1,309) — 7,665 Net income from continuing operations $ 1,106 $ 18,720 $ 56,389 $ 20,491 Less: income from continuing operations attributable to noncontrolling interest 4,359 2,201 14,927 7,915 Net income (loss) attributable to Holdings - continuing operations $ (3,253) $ 16,519 $ 41,462 $ 12,576 Adjustments: Distributions paid - Preferred Shares (6,045) (6,045) (18,136) (18,136) Amortization expense - intangibles and inventory step up 26,241 19,056 72,092 56,502 Loss on debt extinguishment 534 — 534 33,305 Stock compensation 3,242 2,892 8,851 8,496 Acquisition expenses 5,902 1,866 6,118 2,176 Integration Services Fee 1,625 1,100 2,750 4,300 Held-for-Sale tax impact – corporate 16,457 — 12,119 — Other 1,287 460 4,116 (609) Adjusted Earnings $ 45,990 $ 35,848 $ 129,906 $ 98,610

Adjusted Earnings to Adjusted EBITDA 49 Three Months Ended Nine Months Ended In OOO’s September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 Adjusted Earnings $ 45,990 $ 35,848 $ 129,906 $ 98,610 Plus (less): Depreciation 11,284 10,372 32,589 28,896 Income Taxes 21,163 9,556 39,201 24,662 Held-for-Sale tax impact - corporate (16,457) — (12,119) — Interest expense, net 22,799 13,855 57,737 42,607 Amortization of debt issuance 1,004 759 2,735 2,167 Noncontrolling interest 4,359 2,201 14,927 7,915 Preferred distributions 6,045 6,045 18,136 18,136 Other expense (income) 2,139 (1,032) (606) 1,906 Adjusted EBITDA $ 98,326 $ 77,604 $ 282,506 $ 224,899

Adjusted EBITDA Quarter Ended September 30, 2022 50 In OOO’s Corporate 5.11 BOA Ergo Lugano Marucci Sports PrimaLoft Velocity Outdoor ACI Altor Solutions Arnold Sterno Consolidated Income (loss) from continuing operations $ (29,950) $ 5,905 $ 8,935 $ (759) $ 8,095 $ 4,230 $ (8,492) $ 4,679 $ 2,426 $ 2,765 $ 3,475 $ (203) $ 1,106 Adjusted for: Provision (benefit) for income taxes 16,457 1,906 1,776 (410) 1,166 1,609 (3,570) 1,416 671 805 537 (1,200) 21,163 Interest expense, net 22,725 2 (7) — 3 3 (4) 70 — — 7 — 22,799 Intercompany interest (28,762) 3,503 1,808 1,737 3,263 1,812 3,251 2,997 1,621 2,821 1,402 4,547 — Loss on debt extinguishment 534 — — — — — — — — — — — 534 Depreciation and amortization expense 285 5,766 5,577 2,033 3,083 2,504 4,194 3,420 538 4,124 1,936 5,069 38,529 EBITDA $ (18,711) $ 17,082 $ 18,089 $ 2,601 $ 15,610 $ 10,158 $ (4,621) $ 12,582 $ 5,256 $ 10,515 $ 7,357 8,213 $ 84,131 Other (income) expense (73) 709 403 — — (1) 260 971 224 110 — (463) 2,140 Non-controlling shareholder compensation — 381 621 362 356 537 — 240 124 375 13 232 3,241 Acquisition expenses — — — — — — 5,680 222 — — — — 5,902 Integration services fee — — — — 562 — 1,063 — — — — — 1,625 Other — — — — — — — — 853 — — 434 1,287 Adjusted EBITDA $ (18,784) $ 18,172 $ 19,113 $ 2,963 $ 16,528 $ 10,694 $ 2,382 $ 14,015 $ 6,457 $ 11,000 $ 7,370 8,416 $ 98,326

Adjusted EBITDA Quarter Ended September 30, 2021 51 In OOO’s Corporate 5.11 BOA Ergo Lugano Marucci Sports Velocity Outdoor ACI Altor Solutions Arnold Sterno Consolidated Income (loss) from continuing operations $ (10,553) $ 5,223 $ 4,256 $ (531) $ 681 $ 2,235 $ 8,568 $ 3,821 $ 2,594 $ 2,245 $ 181 $ 18,720 Adjusted for: Provision (benefit) for income taxes — 1,830 700 329 304 631 2,334 1,093 1,336 1,058 (58) 9,557 Interest expense, net 13,813 1 — — — 1 35 — — 5 — 13,855 Intercompany interest (17,717) 2,960 1,958 441 548 697 1,902 1,792 1,657 1,313 4,449 — Depreciation and amortization 243 5,868 5,149 2,050 70 2,155 3,161 557 3,206 2,005 5,722 30,186 EBITDA $ (14,214) $ 15,882 $ 12,063 $ 2,289 $ 1,603 $ 5,719 $ 16,000 $ 7,263 $ 8,793 $ 6,626 $ 10,294 $ 72,318 Other (income) expense (433) (2) 110 — 22 (11) (2) 55 (267) (51) (453) (1,032) Non-controlling shareholder compensation — 639 572 434 — 275 253 124 257 8 330 2,892 Acquisition expenses 39 — — — 1,827 — — — — — — 1,866 Integration services fees — — 1,100 — — — — — — — — 1,100 Other 187 273 — — — — — — — — — 460 Adjusted EBITDA (1) $ (14,421) $ 16,792 $ 13,845 $ 2,723 $ 3,452 $ 5,983 $ 16,251 $ 7,442 $ 8,783 $ 6,583 $ 10,171 $ 77,604 1) As a result of the sale of Liberty Safe in August 2021, Adjusted EBITDA for the three months ended September 30, 2021 does not include $0.2 million in Adjusted EBITDA from Liberty.

Adjusted EBITDA Nine Months Ended September 30, 2022 52 In OOO’s Corporate 5.11 BOA Ergo Lugano Marucci Sports PrimaLoft Velocity Outdoor ACI Altor Solutions Arnold Sterno Consolidated Income (loss) from continuing operations $ (51,431) $ 15,540 $ 37,122 $ (634) $ 21,871 $ 8,374 $ (8,492) $ 7,826 $ 9,510 $ 7,149 $ 7,217 $ 2,337 $ 56,389 Adjusted for: Provision (benefit) for income taxes 12,119 4,999 6,819 432 5,863 2,821 (3,570) 2,372 2,600 2,907 2,768 (929) 39,201 Interest expense, net 57,559 12 (19) 2 12 13 (4) 142 — — 20 — 57,737 Intercompany interest (71,727) 9,501 5,634 4,000 7,841 4,649 3,251 6,987 4,851 7,844 3,947 13,222 — Loss on debt extinguishment 534 — — — — — — — — — — — 534 Depreciation and amortization expense 862 16,804 16,345 6,061 8,385 9,558 4,194 9,981 1,634 12,254 6,065 15,272 107,415 EBITDA $ (52,084) $ 46,856 $ 65,901 $ 9,861 $ 43,972 $ 25,415 $ (4,621) $ 27,308 $ 18,595 $ 30,154 $ 20,017 $ 29,902 $ 261,276 Other (income) expense (73) 93 498 4 2 (1,829) 260 1,154 251 219 — (1,185) (606) Non-controlling shareholder compensation — 1,210 1,889 1,154 800 1,089 — 742 372 910 38 647 8,851 Acquisition expenses — — — — — — 5,680 222 — 216 — — 6,118 Integration services fee — — — — 1,688 — 1,063 — — — — — 2,751 Other — — — 250 — 1,802 — — 853 — — 1,211 4,116 Adjusted EBITDA $ (52,157) $ 48,159 $ 68,288 $ 11,269 $ 46,462 $ 26,477 $ 2,382 $ 29,426 $ 20,071 $ 31,499 $ 20,055 $ 30,575 $ 282,506

Adjusted EBITDA Nine Months Ended September 30, 2021 53 In OOO’s Corporate 5.11 BOA Ergo Lugano Marucci Sports Velocity Outdoor Advanced Circuits Altor Solutions Arnold Sterno Consolidated Income (loss) from continuing operations $ (64,717) $ 14,318 $ 16,908 $ 3,071 $ 681 $ 9,485 $ 19,157 $ 10,366 $ 5,892 $ 3,839 $ 1,491 $ 20,491 Adjusted for: Provision (benefit) for income taxes — 4,857 2,165 1,357 304 2,920 5,381 2,547 2,867 2,062 202 24,662 Interest expense, net 42,464 8 — — — 5 125 — — 5 — 42,607 Intercompany interest (53,234) 8,743 6,320 1,514 548 1,890 5,586 5,484 5,075 4,128 13,946 — Loss on debt extinguishment 33,305 — — — — — — — — — — 33,305 Depreciation and amortization 642 16,762 15,033 6,377 70 6,377 9,489 1,658 9,022 5,822 16,313 87,565 EBITDA $ (41,540) $ 44,688 $ 40,426 $ 12,319 $ 1,603 $ 20,677 $ 39,738 $ 20,055 $ 22,856 $ 15,856 $ 31,952 $ 208,630 Other (income) expense (286) (302) 190 — 22 881 2,611 123 (399) (51) (883) 1,906 Non-controlling shareholder compensation — 1,926 1,655 1,241 — 826 777 372 770 16 913 (8,496) Acquisition expenses 39 — — — 1,827 — — — — 310 — 2,176 Integration services fees — — 3,300 — — 1,000 — — — — — 4,300 Other 1,085 273 — — — (2,300) — — — 333 (609) Adjusted EBITDA (1) $ (40,702) $ 46,585 $ 45,571 $ 13,560 $ 3,452 $ 23,384 $ 40,826 $ 20,550 $ 23,227 $ 16,131 $ 32,315 $ 224,889 1) As a result of the sale of Liberty Safe in August 2021, Adjusted EBITDA for the nine months ended September 30, 2021 does not include $12.7 million in Adjusted EBITDA from Liberty.

Adjusted EBITDA Year ended December 31, 2021 Corporate 5.11 BOA Ergo Lugano Marucci Sports Velocity Outdoor Advanced Circuits Altor Solutions Arnold Sterno Consolidated Net income (loss) from continuing operations $ (65,287) $ 20,152 $ 21,178 $ 5,079 $ 5,239 $ 10,232 $ 23,035 $ 14,178 $ 7,871 $ 5,013 $ (316) $ 46,374 Adjusted for: Provision (benefit) for income taxes (12,119) 6,905 3,559 2,018 2,094 3,070 6,237 3,419 2,619 1,345 2,609 21,756 Interest expense, net 58,639 16 — — 9 5 165 — (1) 6 — 58,839 Intercompany interest (73,982) 11,868 8,581 1,960 2,450 3,110 7,461 7,217 7,558 5,455 18,322 — Loss on debt extinguishment 33,305 — — — — — — — — — 33,305 Depreciation and amortization 905 22,355 20,279 8,435 4,757 8,634 12,704 2,212 12,938 8,888 23,369 125,476 EBITDA (58,539) 61,296 53,597 17,492 14,549 25,051 49,602 27,026 30,985 20,707 43,984 285,750 Other (income) expense (284) 125 377 — 16 (119) 2,573 299 (323) 8 (1,189) 1,483 Other 1,132 273 — — — 1,000 (2,300) — — — 995 1,100 Non-controlling shareholder compensation — 2,428 2,194 1,693 190 1,101 1,020 496 1,035 38 1,242 11,437 Acquisition expenses 39 — — — 1,827 971 — 444 310 — 3,591 Integration services fee — — 3,300 — 563 1,000 — — — — 4,863 Management fees — Adjusted EBITDA $ (57,652) $ 64,122 $ 59,468 $ 19,185 $ 17,145 $ 29,004 $ 50,895 $ 27,821 $ 32,141 $ 21,063 $ 45,032 $ 308,224 54 In 000’s

Adjusted EBITDA Year ended December 31, 2020 Corporate 5.11 BOA Ergo Liberty Marucci Sports Velocity Outdoor ACI Arnold Altor Solutions Sterno Consolidated Net income from continuing operations (1) $(19,065) $12,356 $(2,640) $725 $9,902 $(4,785) $11,161 $13,170 $(3,539) $6,092 $3,820 $27,197 Adjusted for: Provision (benefit) for income taxes — 1,808 (535) 2,033 3,288 (1,390) 3,560 3,431 (198) 2,554 2,343 16,894 Interest expense, net 45,610 19 — — — 7 131 — — — 1 45,768 Intercompany interest (70,449) 14,085 2,043 2,405 3,548 1,843 8,915 5,778 5,730 7,084 19,018 — Depreciation and amortization 399 21,483 5,589 8,199 1,742 10,203 12,781 2,773 6,805 12,722 22,510 105,206 EBITDA (43,505) 49,751 4,457 13,362 18,480 5,878 36,548 25,152 8,798 28,452 47,692 195,065 Gain on sale of business (100) — — — — — — — — — — (100) Other (income) expense — 1,420 39 — 7 (42) 931 154 9 (38) 140 2,620 Noncontrolling shareholder compensation — 2,489 469 1,156 29 634 1,549 495 (20) 1,028 1,166 8,995 Acquisition expenses and other — — 2,517 — — 2,042 — — — 273 — 4,832 Integration service fee — — 1,125 — — 1,000 — — — — — 2,125 Other 324 — — 598 — — — — — — — 922 Adjusted EBITDA $(43,281) $ 53,660 $8,607 $15,116 $18,516 $9,512 $39,028 $25,801 $8,787 $29,715 $48,998 $214,459 55 In 000’s (1) Net Income (loss) does not include income (loss) from discontinued operations for the year ended December 31, 2020.

LTM Revenue Trailing Twelve Months Ended September 30, 2022 in 000’s TTM 9/30/2022 Branded Consumer 5.11 Tactical $474,562 BOA 211,332 Ergobaby 92,787 Lugano 180,453 Marucci Sports 154,319 PrimaLoft 79,391 Velocity Outdoor 245,309 $1,438,153 Niche Industrial Advanced Circuits $90,472 Altor Solutions 257,225 Arnold 154,367 Sterno Group 357,474 $859,538 Consolidated Pro forma revenue $2,297,691 Pro forma Net Sales Lugano $ - PrimaLoft 55,185 55,185 56

Adjusted EBITDA Twelve Months Ended September 30, 2022 57 Less: In OOO’s Corporate 5.11 Tactical BOA Ergobaby Lugano Marucci Sports Proforma PrimaLoft Velocity Outdoor Advanced Circuits Altor Arnold Magnetics Sterno Consolidated Corporate Adjusted EBITDA Net Income (loss) from continuing operations $ (52,001) $ 21,374 $ 41,392 $ 1,374 $ 26,429 $ 9,121 $ 4,876 $ 11,704 $ 13,322 $ 9,128 $ 8,391 $ 530 $ 95,640 $ (52,001) $ 147,641 Adjusted for: Provision (benefit) for income taxes - 7,047 8,213 1,093 7,653 2,971 875 3,228 3,472 2,659 2,051 1,478 40,740 - 40,740 Interest expense, net 73,734 20 (19) 2 21 13 5,829 182 - (1) 21 - 79,802 73,734 6,068 Intercompany interest (92,475) 12,626 7,895 4,446 9,743 5,869 3,251 8,862 6,584 10,327 5,274 17,598 (0) (92,475) 92,475 Loss on debt extinguishment 534 - - - - - - - - - - - 534 534 - Depreciation and amortization expense 1,125 22,397 21,591 8,119 13,072 11,815 8,028 13,196 2,188 16,170 9,131 22,328 149,160 1,125 148,035 EBITDA (69,083) 63,464 79,072 15,034 56,918 29,789 22,859 37,172 25,565 38,283 24,868 41,934 365,875 (69,083) 434,958 Other (income) expense (71) 520 685 4 (4) (2,829) 1,498 1,116 426 293 59 (1,491) 207 (71) 278 Non-controlling shareholder compensation - 1,712 2,428 1,606 990 1,364 481 985 496 1,175 60 976 12,273 - 12,273 Acquisition expenses - - - - - 971 5,680 222 - 660 - - 7,533 - 7,533 Integration services fee - - - - 2,251 - 1,063 - - - - - 3,313 - 3,313 Other 47 - - 250 - 2,802 - - 853 - - 1,873 5,825 47 5,778 Adjusted EBITDA $ (69,107) $ 65,696 $ 82,185 $ 16,894 $ 60,154 $ 32,097 $ 31,581 $ 39,495 $ 27,341 $ 40,411 $ 24,987 $ 43,292 $ 395,026 $ (69,107) $ 464,133

Adjusted EBITDA Twelve Months Ended September 30, 2021 58 Less: In OOO’s Corporate 5.11 Tactical BOA Ergobaby Proforma Lugano Marucci Sports Proforma PrimaLoft Velocity Outdoor Advanced Circuits Altor Arnold Magnetics Sterno Consolidated Corporate Subsidiary Adjusted EBITDA Net Income (loss) from continuing operations $ (74,065) $ 21,159 $ 16,803 $ 1,959 $ 25,698 $ 10,044 $ 10,006 $ 26,073 $ 12,556 $ 7,796 $ 2,019 $ 3,180 $ 63,228 $ (74,065) $ 137,293 Adjusted for: Provision (benefit) for income taxes - 6,720 (1,516) 1,125 1,112 3,881 2,169 7,555 3,100 3,530 1,920 2,383 31,979 - 31,979 Interest expense, net 56,103 (16) - - 4,838 6 4,077 154 - - 5 1 65,168 56,103 9,065 Intercompany interest (71,454) 12,058 8,363 2,101 548 2,539 - 7,556 7,086 6,869 5,558 18,776 - (71,454) 71,454 Loss on debt extinguishment 33,305 - - - - - - - - - - - 33,305 33,305 - Depreciation and amortization expense 595 22,212 20,808 8,424 388 8,549 4,899 12,619 2,451 12,271 7,587 21,572 122,375 595 121,780 EBITDA (55,516) 62,133 44,458 13,609 32,584 25,019 21,151 53,957 25,193 30,466 17,089 45,912 316,055 (55,516) 371,571 Other (income) expense (292) (280) 380 - 262 885 234 2,494 151 (0) (41) (829) 2,963 (292) 3,256 Non-controlling shareholder compensation - 2,545 3,225 1,649 - 1,099 547 1,039 495 1,027 (38) 1,428 13,016 - 13,016 Acquisition expenses 39 - 2,517 - 1,827 - - - - - 310 - 4,693 39 4,654 Integration services fee - - 4,425 - - 1,500 - - - - - - 5,925 - 5,925 Other 1,409 273 - - - - - (2,300) - - - 333 (285) 1,409 (1,694) Adjusted EBITDA $ (54,360) $ 64,671 $ 55,005 $ 15,258 $ 34,673 $ 28,503 $ 21,932 $ 55,190 $ 25,839 $ 31,493 $ 17,320 $ 46,844 $ 342,368 $ (54,360) $ 396,728

Reconciliation of 1st Year Adjusted EBITDA Lugano As Reported in 000’s QTD 12/31/21 YTD 9/30/22 TTM 9/30/2022 Net income (loss) from continuing operations $ 4,558 $ 21,871 $ 26,429 Adjusted for: Provision (benefit) for income taxes 1,790 5,863 7,653 Interest expense, net 9 12 21 Intercompany interest 1,902 7,841 9,743 Loss on debt extinguishment - - - Depreciation and amortization 4,687 8,385 13,072 EBITDA 12,946 43,972 56,918 Other (income) expense (6) 2 (4) Non-controlling shareholder compensation 190 800 990 Acquisition expenses - - - Integration services fee 563 1,688 2,251 Other - - - Adjusted EBITDA 13,693 $ 46,462 $ 60,154 59 in 000’s BOA As Reported YTD 12/31/21 Net income (loss) from continuing operations $ 21,178 Adjusted for: Provision (benefit) for income taxes 3,559 Interest expense, net - Intercompany interest 8,581 Loss on debt extinguishment - Depreciation and amortization 20,279 EBITDA 53,597 Other (income) expense 377 Non-controlling shareholder compensation 2,194 Acquisition expenses - Integration services fee 3,300 Other - Adjusted EBITDA $ 59,468

Reconciliation of 1st Year Adjusted EBITDA Marucci QTD 9/30/20 QTD 12/31/20 As Reported in 000’s YTD 6/30/21 TTM 6/30/21 Net income (loss) from continuing operations $ 981 559 $ 7,250 $ 8,790 Adjusted for: Provision (benefit) for income taxes (407) 961 2,289 2,843 Interest expense, net 2 1 4 7 Intercompany interest 662 649 1,193 2,504 Loss on debt extinguishment - - - - Depreciation and amortization 3,314 2,172 4,222 9,708 EBITDA 4,552 4,342 14,958 23,852 Other (income) expense (5) 4 892 891 Non-controlling shareholder compensation 271 273 551 1,095 Acquisition expenses - - - Integration services fee 500 500 1,000 2,000 Other - - - - Adjusted EBITDA $ 5,318 $ 5,119 $ 17,401 $ 27,838 60

Subsidiary Pro Forma Adjusted EBITDA1 61 Year Ended December 31, 2021 Year Ended December 31, 2020 Advanced Circuits $ 27,820 $ 25,801 Altor Solutions 32,141 29,715 Arnold Magnetics 21,063 8,787 BOA2 59,468 33,149 Ergo 19,185 15,116 Lugano2 40,648 20,594 Marucci2 29,004 13,371 PrimaLoft2 24,963 15,334 Sterno 45,032 48,998 Velocity Outdoor 50,895 39,028 5.11 64,122 53,660 $ 414,341 $ 303,553 1. Reduced for management fees paid by subsidiaries 2. BOA year ended December 31, 2020 results include $24.5 million of Adjusted EBITDA prior to our acquisition. Lugano year ended December 31, 2021 and 2020 results include $23.3 million and $20.6 million of Adjusted EBITDA prior to our acquisition. Marucci year ended December 31, 2020 results include $3.9 million of Adjusted EBITDA prior to our acquisition. PrimaLoft year ended December 31, 2021 and 2020 results include $25.0 million and $15.3 million of Adjusted EBITDA prior to our acquisition.