Introduction to AAON's Vision

This document provides insights from AAON, Inc.'s 2025 Investor Day. It outlines the company's strategic direction, emphasizing innovation, customer-centric solutions, and market leadership. AAON is presented as a solutions provider, not just a manufacturer, focused on redefining industry standards and driving growth through its distinct brands, Orion and Basics.

Company Strategy and Brands

AAON's strategy is built on five key pillars, with a strong emphasis on superior innovation and driving results. The company operates under two primary brands: Orion, focusing on semi-custom solutions for the non-residential commercial HVAC market, and Basics, specializing in high-value, customized solutions for data centers, clean rooms, and industrial applications. This dual-brand approach allows AAON to cater to diverse market needs and drive significant growth.

Market Focus and Growth Drivers

The presentation highlights the significant growth opportunities within the data center market, driven by trends like cloud computing and AI. AAON is well-positioned to capitalize on these trends with its advanced heat pump technology and a solutions-based approach. The company is also leveraging secular trends such as decarbonization and electrification to expand its market reach and enhance its value proposition.

Financial Performance and Outlook

AAON reports strong revenue growth and a substantial backlog, reflecting robust demand for its products and solutions. The company's commitment to reinvesting profits in research and development fuels organic growth and product differentiation. AAON anticipates continued mid-single digit growth in the coming years, driven by its strategic initiatives and market positioning.