INVESTMENT FOCUS We focus on consumer products, industrial manufacturing and services in transitionary situations Companies in Transition: growth-oriented, succession issues, in need of a sophisticated partner Corporate Carve-outs: non-core business, under-invested, under-managed Underperformers: under-managed, under-invested, lagging peer group performance Turnarounds: negative cash flow/EBITDA, operational distress, cyclical/out of favor industries (mouse-over images below to learn more) CONSUMER PRODUCTS Food & Beverage Packaged Goods General Consumer INDUSTRIAL MANUFACTURING Auto & Transportation Building Products Chemicals Paper & Packaging Aerospace & Defense Pharmaceutical Contract & Mfg General Mfg & Distribution PCBA / EMS © 2021 New Water Capital New Water Capital Marketing Fact Sheet