RAYMOND JAMES JUNE 2012 Forward-Looking Statements This - PowerPoint PPT Presentation

RAYMOND JAMES JUNE 2012

Forward-Looking Statements This presentation and related remarks made by representatives of PGT, Inc. and its affiliates (“PGT”) in connection herewith contain confidential and proprietary information regarding PGT. By accepting this presentation and participating in the related discussion, the recipient agrees not to divulge any such information to any other party and will return this presentation together with any copies or descriptions thereof (in any media) to PGT immediately upon request therefore. The following information contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s current expectations and beliefs, as well as a number of assumptions concerning future events. These statements are subject to risks, uncertainties, assumptions and other important factors. You are cautioned not to put undue reliance on such forward-looking statements because actual results may vary materially from those expressed or implied. PGT, Inc., assumes no obligation to, and expressly disclaims any obligation to, update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. PGT makes no representation or warranty, express or implied as to the accuracy or completeness of the information contained in this presentation, and nothing contained herein or in related remarks made by representatives of PGT in connection herewith is, or shall be relied upon as, a promise or representation, whether as to the past or the future. Any recipient hereof should conduct its own independent analysis of PGT and the data contained or referenced to herein. 2

Management Presenters • Co-founder of PGT in 1980 • 30+ years with PGT in a variety of strategic and Rod Hershberger operating positions President and Chief • Appointed CEO in 2005 and led IPO in 2006 Executive Officer • Served as Executive Vice President and Chief Operating Officer overseeing PGT’s Florida and North Carolina operations • Joined PGT in 2005 • 18 years of financial and accounting experience Jeff Jackson with various Fortune 500 companies Executive Vice President • and Chief Financial Officer Background in public reporting, operations, human resources, logistics and manufacturing PGT is led by a strong and experienced management team  7 Executive Team Members – combined have over 100 years window experience Nasdaq Ticker: PGTI Recent Price $2.93 as of close June 20, 2012 Shares Outstanding: 53.67M as of close June 20, 2012 Analyst Coverage: Deutsche Bank, JMP Securities, Ladenburg, Raymond James 3

PGT Overview PGT is the nation’s leading manufacturer of residential impact -resistant window and doors 2011 Sales  30+ year history of quality and $167.3 million innovation  Clear market leader PremierVue Aluminum  5% Pioneered impact-resistant market in 1992 Arch 12% Vinyl following Hurricane Andrew Systems 8%  Offers the broadest line of impact-resistant 3% windows and doors. Eze-  Complete line of premium aluminum WinGuard Breeze/ (Impact Other and vinyl windows and doors 6% Resistant) 66%  Provides maximum customer service  Custom, make-to-order products  Minimal lead times and on-time delivery  Outstanding before, during and after-sale support  Highly fragmented industry 4

Expansive Product Offering • PGT offers premium brands across a diverse and comprehensive line of products Porch Windows and Doors Enclosures Architectural Product Category WinGuard PremierVue Aluminum Vinyl Eze-Breeze Systems PGT Branding Product Description Impact-resistant Newest product Heavy duty Aluminum frame Vinyl frame Lighter-weight windows and doors offering; heavy aluminum frame windows and doors windows and doors non-glass porch duty vinyl frame construction enclosure products Combine heavy- impact window for Target markets Energy efficient duty frames high end Designed for with product for any Used for (aluminum or vinyl) residential and increased wind and warmer/humid climate; meets repair/remodel with special commercial water loads climates due to 30/30 requirement additions and laminated glass First R-5 impact required for taller strength and of 09 ARRA enclosures window in the buildings durability industry % of 2011 Sales 66% 5% 3% 12% 8% 6% Impact sales increased as a percentage of total sales from 61% in 2005 to 74% in 2011 Note: 2005 percentages pro forma for the divestiture of NatureScape . 5

PGT is the Clear Leader in the Impact- Resistant Window and Door Market  WinGuard brand is synonymous with impact-resistant windows and doors  Target markets in hurricane-prone coastal states with increasingly stringent building codes  Dominant market share in our core Florida market  Over 3 million WinGuard units installed with zero reported impact failures  Additional advantages: Superior performance, ease-of-use, insurance incentives, security features, noise reduction, etc.  Protection always in place  Grown from 1 product to 44 in 4 product lines  First R-5 impact window  Aluminum residential  Meets DOE requirements for  Aluminum commercial government projects  Vinyl residential  PremierVue 6

PGT WinGuard vs. The “Competition” WinGuard has a number of competitive advantages:    Superior performance Improved aesthetics Security features    Ease of use Insurance incentives Noise reduction 7

Impact-Resistant Market Provides Long-Term Growth Opportunity  “Passive” (window) protection vs. “active” (shutter) protection  $1.5 – 2.0 billion total market opportunity  Market expanding along Eastern seaboard and Gulf Coast as states adopt and enforce code  The Caribbean markets are increasingly demanding impact-resistant and energy efficient products  Insurance companies providing incentives to ensure impact protection always in place  NOAA forecasts a 10-20 year active storm cycle Impact-Resistant Market Wind Speeds (mph) (1) 130 to 150 * 120 to 130 * 110 to 120 * 100 to 110 * 90 – 100 Less than 90 8 (1) Building codes require structures to withstand wind speeds in these ranges * Impact protection required

PGT ’ s Core Geographic Market is in Early Stages of Recovery • Florida ’ s downturn in new home construction has been significantly more pronounced than in other parts of the U.S. • Since 2005 peak levels, single-family starts are down nearly 85% • Since hitting trough levels in 2009, starts have recovered modestly in the last two years; however, starts remain well below normalized levels • Based on average single-family starts per thousand since 1990, normalized annual starts are estimated to be over 100,000 versus 31,888 starts in 2011 • Given the overbuild that occurred in Florida, we anticipate a prolonged period of time to revert to start levels consistent with longer-term historical averages Florida Single-Family Housing Starts (in thousands) 200 160 120 80 40 0 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012P 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012P 81,965 68,296 80,873 89,713 93,316 79,016 87,252 86,260 95,299 99,188 97,697 107,615 122,546 146,692 172,408 193,111 132,635 63,953 39,269 25,730 31,543 31,888 35,477 FL Single-Family Starts 12,938 13,289 13,505 13,714 13,962 14,185 14,427 14,683 14,908 15,111 16,049 16,349 16,668 16,959 17,343 17,736 18,058 18,251 18,389 18,496 18,496 19,057 - FL Population (in thousands) 6.3 5.1 6.0 6.5 6.7 5.6 6.0 5.9 6.4 6.6 6.1 6.6 7.4 8.6 9.9 10.9 7.3 3.5 2.1 1.4 1.7 1.7 - Start per Thousand *Normalized housing starts at 6 per 1000 population 9

Leader In Technical Expertise PGT’s expertise is unmatched in the industry and provides a significant competitive advantage  Viewed as the industry expert dating back to early 1990s  Actively involved in the creation of testing standards and building codes  Provide leadership roles in key industry association that drive and/or influence code  Possess more current Miami- Date County Notice of Acceptances (NOA’s) than any competitor  Built and tested first impact window in U.S. – Developed first R-5 impact window  Complete in-house product design and testing  Crystal achievement doors 2 years in a row 10

Unmatched Manufacturing Capabilities • Vertically integrated manufacturing (including glass plant and truck fleet) provides a strong competitive advantage • Cost savings • Lower lead times • Outstanding customer service and support • Synchronous flow manufacturing enables efficient delivery of fully customizable, premium windows • Every unit is custom made-to-order • PGT ’ s culture focuses on growth and continuous improvement to drive output and manufacturing efficiencies 11