24/08/2022 - ERI - Energy Recovery Inc.: Midwest IDEAS Conference

[X]

NASDAQ: ERII

Midwest IDEAS Conference

Jim Siccardi, VP Investor Relations

August 24, 2022

Forward-looking Statement

This presentation contains forward-looking statements within the "Safe Harbor" provisions of the Private Securities

Litigation Reform Act of 1995. Forward-looking statements in this report include, but are not limited to, statements about our expectations, objectives, anticipations, plans, hopes, beliefs, intentions, or strategies regarding the future. Forward- looking statements that represent our current expectations about future events are based on assumptions and involve risks and uncertainties. If the risks or uncertainties occur or the assumptions prove incorrect, then our results may differ materially from those set forth or implied by the forward-looking statements. Our forward-looking statements are not

guarantees of future performance or events. Words such as "expects," "anticipates," "believes," "estimates," variations of

such words, and similar expressions are also intended to identify such forward-looking statements.

These forward-looking statements are subject to risks, uncertainties, and assumptions that are difficult to predict; therefore, actual results may differ materially and adversely from those expressed in any forward-looking statements. You should not place undue reliance on these forward-looking statements, which reflect management's opinions only as of the date of this presentation. All forward-looking statements included in this presentation are subject to certain risks and uncertainties, which could cause actual results to differ materially from those projected in the forward-looking statements, as disclosed from time to time in our reports on Forms 10-K,10-Q, and 8-K as well as in our Annual Reports to Stockholders and, if necessary, updated in our quarterly reports on Form 10 Q or in other filings. We assume no obligation to update any such forward-looking statements. It is important to note that our actual results could differ materially from the results set forth or implied by our forward-looking statements.

222

Industries Benefiting from PX Technology

Desalination

Industrial Wastewater Treatment

CO2 Refrigeration

333

Ongoing Strong Fundamentals

Rapid Growth

High Margin

Strong Balance Sheet

20%

Avg. Product Revenue

Growth, 2015-2021

>65% 2022 YTD Product Gross Margin

$87M Cash & Securities and

No Debt

444

Strong Share Price Performance

>3x increase in share price since 2018, outpacing major indices

34% CAGR over same period

$22.292

12,668.162

1,908.932

  1. As of January 2, 2019
  2. As of August 3, 2022

$6.871

2019

2020

2021

2022 YTD

ERII

NASDAQ

Russell

555

Disclaimer

ERI - Energy Recovery Inc. published this content on 24 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 24 August 2022 14:14:10 UTC.

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