Builders FirstSource — Nov 5, 2024 release

Projected Net Sales and Adjusted EBITDA include the expected impact of price, commodities, and margins for 2024. • Net Sales to be in a range of $16.25 billion to $16.55 billion. • Gross Profit margin to be in a range of 32.0% to 33.0%. • Adjusted EBITDA to be in a range of $2.25 billion to $2.35 billion. • Adjusted EBITDA margin to be in a range of 13.8% to 14.2%. • Free cash flow in the range of $1.2 billion to $1.4 billion.   2024 Full Year Assumptions The Company’s anticipated 2024 performance is based on several assumptions for the full year, including the following: • Within the Company’s geographies, Single-Family starts are projected to be up low-single digits, Multi-Family starts down 25% to 30%, and R&R flat to the prior year. • Acquisitions completed within the last twelve months are projected to add net sales growth of 2.0% to 2.5%. • Total capital expenditures in the range of $375 million to $425 million. • Average commodity prices in the range of $380 to $400 per thousand board feet (mbf). • Interest expense in the range of $205 million to $215 million. • An effective tax rate of 22.5% to 23.5%. • Depreciation and amortization expenses in the range of $525 million to $575 million. • Two more selling days in 2024 versus 2023.   Conference Call 4   Builders FirstSource will host a conference call and webcast on Tuesday, November 5, 2024, to discuss the Company’