Company: DXPE
Filing Date: 2025-04-30
Form Type: ARS
Source: 0001020710-25-000081
Chunk: 7

Company: DXP ENTERPRISES INC
Filing Date: 2025-04-30
Form: ARS
Chunk 7
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 three business segments: Service Centers (“SC”), Innovative Pumping Solutions (“IPS”) and Supply Chain Services (“SCS”). Our segments provide our Chief Executive Officer, who is our chief operating decision maker (“CODM”) with a comprehensive financial view of our key businesses. The segments enable the alignment of strategies and objectives and provide a framework for timely and rational allocation of resources within our businesses. In addition to the three business segments, our consolidated financial results include corporate and other expenses which includes costs related to our centralized support functions. These costs typically include accounting and finance, information technology, marketing, human resources, legal, inventory management & procurement and other support services, interest expense, and removes inter- company transactions. The following chart represents financial information for the last three years and the key end markets we currently serve. See Results of Operations under Item 7. Management Discussion and Analysis of Financial Condition and Results of Operations for further information on our segments’ financial results. Consolidated Financial Summary and End Markets ______________________________________________________________________________________________________ Total Sales $1.8 Billion Oil & Gas 23% Manuf. 7% Food & Bev. 7% General Ind. 13%Chemical 10% Power 2% Water 10% Other 28% ($ in millions) 2024 2023 2022 Sales $ 1,802 $ 1,679 $ 1,481 Operating Income $ 145 $ 139 $ 98 % Margin 8.1 % 8.3 % 6.6 % EBITDA $ 182 $ 170 $ 124 % Margin 10.1 % 10.1 % 8.3 % DXPeople 3,028 2,837 2,675 ______________________________________________________________________________________________________ Table of Contents 7

Service Centers The Service Centers (“SC”) are engaged in providing MRO products, equipment and services, including technical expertise and logistics capabilities, to a variety of customers serving varied end markets with the ability to provide same day delivery. The following chart represents financial information for the last three years and the key end markets our SC segment currently serves: Service Centers’ Financial Summary and End Markets ______________________________________________________________________________________________________ SC Sales $1.2 Billion Oil & Gas 23% General Ind. 12% Manuf. 8% Chemical 7%Food & Bev. 5% Refining 4% Water 4% Fabr. & Const. 7% Other 30% ($ in millions) 2024 2023 202