Company: JBI
Filing Date: 2025-04-10
Form Type: PRE 14A
Source: 0001140361-25-013248
Chunk: 71

Company: Janus International Group, Inc.
Filing Date: 2025-04-10
Form: PRE 14A
Chunk 71
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 |              12.0 |     |               9.3 |
| Amortization                                       |     |              32.0 |     |              29.8 |
| EBITDA                                             |     |            $193.9 |     |            $281.9 |
| Loss on extinguishment and modification of debt(1) |     |               1.7 |     |               3.9 |
| Impairment(2)                                      |     |              12.0 |     |                 — |
| Restructuring (income) expense(3)                  |     |              -2.9 |     |               1.2 |
| Acquisition expense (income)(4)                    |     |               3.5 |     |              -1.4 |
| Other                                              |     |               0.3 |     |                 — |
| Adjusted EBITDA                                    |     |            $208.5 |     |            $285.6 |

| (1) | Adjustments for loss on extinguishment and modification of debt are related to the write off of unamortized fees and third-party fees as a result of the debt modification completed in April 2024 and the debt refinancing of its existing certain First Lien Credit and Guarantee Agreement, dated as of February 12, 2018 (as amended to date, the “First Lien Term Loan”) pursuant to Amendment No. 6 to the First Lien Term Loan, that occurred in August 2023 (the “Amendment No. 6 First Lien”). |

| (2) | Impairment consists of the write down of the DBCI tradename intangible asset. |

| (3) | Restructuring (income) expense consist of the following: 1) facility relocations; 2) severance and hiring costs associated with our strategic transformation, including executive leadership team changes; 3) sale of a manufacturing facility; and 4) strategic business assessment and transformation projects. |

| (4) | Expenses or income related to various professional fees, net working capital finalization, and legal settlements from acquisition related activities. |

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TABLE OF CONTENTS

Free Cash Flow The following table presents a reconciliation of cash flows provided by operating activities to free cash flow for the periods indicated:

| (dollar amounts in millions)                                  |     |        Year Ended 
 December 28, 2024 |     | December 30, 2023