23/03/2022 - ERI - Energy Recovery Inc.: Sidoti conference presentation

[X]

NASDAQ: ERII

Driving Industrial

Sustainability

Sidoti Spring Small Cap Virtual Conference

March 23-24, 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.

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Ongoing Strong Fundamentals

Rapid Growth

High Margin

20%

>68%

Avg. Product Revenue Growth, 2015-2021

2021 Gross Margin

$108M Cash & Securities and

Strong Balance Sheet

No Debt

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Share Price Growth of 3.5X Since 2018 -

Outpacing U.S. Indices

70%

+58%

60%

$22.632

+45%

50%

$6.531

40%

30%+39%

20%

10%

0%

2019

2020

2021

ERII

S&P 500

Dow Jones

NASDAQ

Russell

  1. As of December 28, 2018;
  2. As of November 12, 2021

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We Have a Strong and Growing ESG Story

$2.6B

saved for customers on

energy expenses annually1

product revenue from

90%+ energy-efficiency related products

metric tons emissions avoided

12.5M due to PXs - nearly 3M vehicles removed from the

road annually1

IR Magazine Nominee for "Best

2022 ESG Report" for Small/Mid Cap company

Awards & Recognition

To download the full report,

please visit bit.ly/ERII_ESG_2020

1Energy Recovery estimates. Assumes all deployed devices are in operation

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Disclaimer

ERI - Energy Recovery Inc. published this content on 22 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 March 2022 13:13:15 UTC.

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