8-K

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

_____________________________________

FORM 8-K

_____________________________________

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 18, 2021

____________________________________

CHART INDUSTRIES, INC.

(Exact name of registrant as specified in its charter)

_____________________________________

Delaware	001-11442	34-1712937
(State of other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

3055 Torrington Drive, Ball Ground, Georgia 30107

(Address of principal executive offices) (ZIP Code)

Registrant’s telephone number, including area code: (770) 721-8800

NOT APPLICABLE

(Former name or former address, if changed since last report)

_____________________________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, par value $0.01	GTLS	New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company  ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

Item 2.02    Results of Operations and Financial Condition.

On February 18, 2021, Chart Industries, Inc. (the “Company”) issued a news release announcing the Company’s financial results for the fourth quarter and fiscal year ended December 31, 2020, as well as supplemental information for the fourth quarter and fiscal year ended December 31, 2020. A copy of the news release is furnished with this Current Report on Form 8-K as Exhibit 99.1, and a copy of the supplemental information is furnished with this Current Report on Form 8-K as Exhibit 99.2. All information in the news release and the supplemental information is furnished and shall not be deemed “filed” with the Securities and Exchange Commission for purposes of Section 18 of the Exchange Act, or otherwise be subject to the liability of that Section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act or the Exchange Act, except to the extent the Company specifically incorporated it by reference.

The news release and supplemental information furnished with this Current Report on Form 8-K include measures of which exclude certain items required to be presented under generally accepted accounting principles (“GAAP”). These measures are not recognized under generally accepted accounting principles (“GAAP”) and are referred to as “non-GAAP financial measures” in Regulation G under the Exchange Act. The Company believes these measures are of interest to investors and facilitate useful period-to-period comparisons of the Company’s financial results, and this information is used by the Company in evaluating internal performance. The non-GAAP measures are reconciled to the most directly comparable GAAP measure in tables at the end of the news release and in the supplemental information.

Item 9.01    Financial Statements and Exhibits.

(d)    Exhibits.

Exhibit No.	Description
99.1	Chart Industries, Inc. News Release, dated February 18, 2021, announcing the Company's 2020 fourth quarter and fiscal year results.
99.2	Chart Industries, Inc. Supplemental Information for 2020 fourth quarter and fiscal year results.

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	Chart Industries, Inc.
Date: February 18, 2021
	By: /s/ Jillian C. Evanko Jillian C. Evanko President and Chief Executive Officer

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EX-99.1

Exhibit 99.1

Chart Industries Reports 2020 Fourth Quarter and Full Year Results

Atlanta, Georgia – February 18, 2021 - Chart Industries, Inc. (NYSE: GTLS) today reported results for the fourth quarter and full year ended December 31, 2020. Further details can be found in the supplemental presentation included with this release. All figures in this release and supplemental presentation represent our continuing operations in our new external reportable segments of Cryogenic Tank Solutions (“CTS”), Heat Transfer Systems (“HTS”), Specialty Products (“Specialty”) and Repair, Service & Leasing (“RSL”). Highlights include:

•Full year 2020 records include: backlog of $810 million (boosted by fourth quarter 2020 orders of $417 million), gross margin dollars of $332 million, gross margin as a percent of sales of 28.2% (29.1% adjusted), SG&A as a percent of sales of 15.1% (14.3% adjusted), operating income dollars of $108 million, operating income as a percent of sales of 9.2% (10.9% adjusted)

•Booked orders with 65 new customers in the fourth quarter 2020, resulting in record full year 2020 new customers of 472 (of which 109 were in Specialty)

•Completed four acquisitions and one investment related to carbon capture, water treatment and hydrogen in the fourth quarter 2020 as well as a $15 million investment in carbon capture company Svante on February 2, 2021

•Acquired Cryo Technologies on February 16, 2021 adding proven hydrogen and helium liquefaction to our portfolio and expanding our specialty markets addressable market size to $5.75 billion

•Generated $60.2 million of net cash provided by operating activities resulting in $49.6 million of free cash flow (“FCF”), the second highest cash flow quarter in our history, contributing to consolidated full year FCF of $134.8 million (inclusive of $37.9 million of capital expenditures)

•Fourth quarter 2020 reported diluted earnings per share (“EPS”) of $1.28 (+178% compared to Q4 2019) contributed to full year 2020 reported earnings per diluted share of $2.22 (+149% compared to full year 2019); when adjusted for one-time costs, adjusted diluted EPS for the fourth quarter 2020 was $1.27 and full year 2020 adjusted diluted EPS was $2.73, the highest in our history

•Full year 2021 guidance of revenue of approximately $1.32 billion to $1.38 billion (increase from prior outlook of $1.26 billion to $1.335 billion) and associated non-diluted adjusted EPS of $3.50 to $4.00, an increase from the prior 2021 outlook of $3.10 to $3.45

The fourth quarter of 2020 was Chart’s highest quarter of the year for orders ($417.0 million), sales ($312.4 million), gross margin ($87.9 million) and free cash flow ($49.6 million after $10.6 million of capital expenditures). The strength in the quarter contributed to multiple full year 2020 records, and in combination with our strategic investments and acquisitions completed in the

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fourth quarter of 2020 and year-to-date 2021, sets us up for expected double digit revenue growth in 2021. Our full year 2020 records include:

	Backlog	Orders	Net Sales	Gross Profit $	Gross Profit Margin	Operating Income $	Operating Margin	Adj. EPS
Chart Industries	●			●	●	●	●	●
Cryo Tank Solutions	●	●	●	●	●	●	●	N/A
Heat Transfer Systems					●	●	●	N/A
Repair, Service & Leasing		●		●	●	●	●	N/A
Specialty Products	●	●	●	●		●	●	N/A

Late third quarter 2020 demand recovery from the low point of the second quarter 2020 began to show in fourth quarter sales of $312.4 million. The increasing mix of higher margin aspects of the business and maintaining discipline in our streamlined cost structure (over $60 million of annualized cost was reduced from the business in the first half of 2020) contributed to full year reported EPS of $2.22. When adjusted for one-time costs, full year 2020 adjusted EPS of $2.73 was a record. Full year EPS benefitted significantly from the fourth quarter adjusted diluted EPS of $1.27 (reported diluted EPS of $1.28) resulting from broad based execution across the business, including record operating income (and operating income as a percent of sales). Note that we closed on our McPhy investment (30 million euros for 4.59% ownership, with commercial MOU) on October 15, 2020, and in the fourth quarter, that investment contributed $0.36 of after tax earnings per share. We also closed on four acquisitions in the clean energy, clean water, clean food and clean industrial spaces (BlueInGreen water treatment, Worthington’s cryogenic trailer and hydrogen trailer business, Worthington’s former microbulk business and Sustainable Energy Solutions (SES) carbon capture process technology) as well as one investment (HTEC) in expanding our hydrogen commercial opportunities in Canada.

In addition to these investments, the sale of the cryobiological business for $320 million (all cash) was closed on October 1, 2020 and allowed us to increase our balance sheet capacity to continue to invest organically and inorganically in our high growth markets. After posting our second highest net cash provided by operating activities from continuing operations and free cash flow in history in the fourth quarter 2020 ($60.2 million and $49.6 million, respectively after $10.6 million of capital expenditures), our net leverage ratio as of December 31, 2020 was 1.59 (1.71 when excluding the mark-to-market benefit of McPhy). Pro forma December 31, 2020 net leverage ratio for our February 2, 2021 $15 million Svante carbon capture investment (for just under 10% ownership) and our February 16, 2021 acquisition of Cryo Technologies for $55 million was 1.88 (2.02 when excluding the mark-to-market benefit of McPhy).

We finished the full year of 2020 with record backlog of $810 million driven by strength in the second half of 2020 orders. Second half 2020 orders of $679.7 million was a 28% increase compared to the first half of the year reflecting broad-based order strength heading into 2021.

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Specifically, the fourth quarter 2020 was a record order quarterfor our Specialty Products segment, Cryo Tank Solutions segment, and across multiple product lines in each segment (i.e. hydrogen, food & beverage, HLNG vehicle tanks, medical oxygen equipment, mobile equipment, and air-cooled heat exchangers). Additionally, representative of the broad-based growth were 80 orders each over $1 million in the fourth quarter 2020.

Hydrogen continues to be our hottest specialty market, with record orders ($38 million) and backlog ($39 million) in 2020. We expect over 70% in hydrogen sales growth in 2021 when compared to 2020. Year-to-date 2021, we have completed a MOU with Matrix Service Company for standardized small-scale hydrogen offerings and a joint development agreement with Ballard Power Systems to jointly develop integrated system solutions that include a fuel cell engine with onboard liquid hydrogen (“LH2”) storage and vaporization for the transportation industry, with a focus on heavy-duty applications including buses, trucks, rail and marine vessels. The interest in our liquid hydrogen onboard vehicle tank (“HLH2 tanks”) for the heavy duty truck market, its proximity to being “production ready”, and our joint development with Ballard Power Systems gives us confidence to now include the HLH2 tanks in our near-term addressable market size. Previously, HLH2 tanks were not included in our addressable market for hydrogen. Additionally, the acquisition of Cryo Technologies (“CT”), which closed on February 16, 2021, is a synergistic, natural fit to the Chart business. The combination brings both of our liquefaction engineering expertise together, Chart’s capabilities in precooling, brazed aluminum heat exchangers and cold box fabrication, and the high demand in the market for full liquefaction and equipment offerings, in particular on hydrogen and helium (which Cryo Technologies is one of the few in the world to have those capabilities). Between the HLH2 tank progress and the addition of CT’s hydrogen liquefaction capabilities, our addressable market size for hydrogen doubles to $2.1 billion.

Our repair, service and leasing business is accelerating, with 28 new leases signed in the fourth quarter 2020 compared to 6 new leases signed in the fourth quarter of 2019. In January of 2021, 78 new leases were quoted (our team has a new lease on life (pun intended) with our leasing fleet doubled since May of 2020), and there have been 37 signed already this year-to-date. RSL closed the year with record backlog, after full year record orders of $197 million, and also made significant strides in incrementally improving gross margin, resulting in the fourth quarter 2020 gross margin dollars and gross margin as a percent of sales (43.7%) being the highest in our history.

“The fourth quarter of 2020 capped a strong year in unprecedented times, thanks to the entire Chart team. In 2020, we made significant progress in penetrating the global high growth markets of clean energy, specialty and repair and service as evidenced by 472 new customers and 33long-term agreements,” stated Jill Evanko, Chart’s CEO and President. “The combination of strong free cash flow, strategic investments, record backlog and operational execution resulted in multiple full year 2020 and fourth quarter 2020 records, but more

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importantly, puts us in position to make 2021 a breakthrough year for our business as we serve our global energy and industrial gas customers’ growing and changing needs.”

Those growing and changing needs are reflected in existing customers as well as new customers coming to us with needs for many new and unique FOAK-ing (“First of A Kind”) projects. We booked 31 FOAK-ing orders in the fourth quarter of 2020, bringing the full year to 88. While there is not enough space to cover them all, a few interesting ones include our first lifecycle order as a partner with Pepsi to upgrade their CO2 capacity at one of their United States’ facilities, dosing equipment for oxygenated water, and multiple new customers using our equipment for applications ranging from manufacturing squeezable dips to bottled egg alternatives to canned wine to eye research.

With a lot of activity surrounding our high growth businesses, we would be remiss not to comment on HTS and CTS, both of which had exceptional fourth quarters of 2020. We received two significant orders in HTS, one for $70 million for a downstream project (100% air-cooled heat exchangers) and one for shell & tube heat exchangers from our VRV (Italy) location for a Middle Eastern project. Additionally, our China team executed on $100 million in sales for the year while posting record operating income, primarily benefitting CTS.

To conclude, while hydrogen, biogas and carbon capture are the hottest topics right now, LNG is still extremely active, particularly as the cost fundamentals are competitive and infrastructure continues to be built worldwide. At the end of December, the Indian Minister of Petroleum and Natural Gas Pradhan stated that the central government plans to create a gas infrastructure in India with an investment of $60 billion over the next four years, inclusive of LNG terminals. India is just one region where LNG continues to be a good answer for a cost competitive, scalable step in the energy transition. We expect fueling stations (2020 full year was a record for fueling station orders of 71 stations, 18.3% increase over 2019) and HLNG vehicle tanks for onboard heavy duty trucks to continue at or above 2020 levels throughout 2021, and also expect two small-scale terminals and mid-scale (“big LNG”) projects to move ahead to Final Investment Decision (“FID”) in 2021.

Not included in the above financial results is the potential impairment of the Air-X-Changers (“AXC”) tradename (as of October 1, 2020) which has book value of $55 million. The impairment under review is approximately $12 million of the total. This issue was raised last evening by our external audit firm, and thus, the conclusion has not been confirmed. Note that if the resolution is different than management’s position, earnings per share would be correspondingly reduced; however, adjusted earnings per diluted share would be unchanged from what is shown as it would be a one-time, non-cash, non-operational item. Regardless of the outcome which will be included in our Annual Report on Form 10-K to be filed within the next few days, we are excited about the air-cooled heat exchanger growth opportunity not only in the base markets but also in the clean energy transition, particularly for carbon capture (AXC specifically), which is significant in the next decade. We now have well over 50 potential

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customers that we are working with on various project quoting stages for carbon capture with meaningful near-term (next three to four-year potential) revenue. A significant percentage of the total carbon capture plant cost, regardless of whether the process is post combustion carbon capture or direct air carbon capture, is equipment that we offer, with air cooled heat exchangers representing approximately 50% of total equipment cost, or 20% to 25% of total project cost in amine processes, and approximately 50% of total project cost in direct air carbon capture.

GUIDANCE 2021

Full year 2021 sales are expected to be approximately $1.32 billion to $1.38 billion, inclusive of $21 million of Venture Global’s Calcasieu Pass revenue in the first quarter of 2021 as well as $30 million of 2021 revenue from the acquisition of Cryo Technologies. This is an increase over the prior full year 2021 sales guidance of $1.26 billion to $1.335 billion, resulting from the strong fourth quarter 2020 order book and commercial opportunities increasing from our inorganic investments and acquisitions completed in the fourth quarter 2020 and year-to-date 2021. There is no additional Big LNG revenue included in our outlook although we believe new orders will be received during the year. As we have indicated previously, there are many moving pieces that contribute to a range, and we have provided a walk to the low end of the range by segment and major market category in the supplemental presentation. It is important to note that our pre-COVID-19 typical year would have low first and fourth quarters, with the second and third typically the highest quarters in the year. This year, we expect the first half of 2021 to be lower than the second half of 2021 based on the lead-time of our backlog. We anticipate full year non-diluted adjusted earnings per share to be approximately $3.50 to $4.00 on 35.5 million weighted average shares outstanding, up from our previous estimate of $3.10 to $3.45 per share. Our assumed effective tax rate is 18% for the full year 2021. We expect capital expenditure spend to be in the $40 million to $50 million range, driven by organic investments in our high growth areas inclusive of expanding product capabilities in our Teddy Trailer and Tank facility, completion of our repair and service facility in South Carolina, USA, R&D new product development for hydrogen and continued targeted lease fleet expansion.

FORWARD-LOOKING STATEMENTS

Certain statements made in this presentation are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning the Company’s business plans, including statements regarding completed acquisitions and divestitures, cost synergies and efficiency savings, objectives, future orders, revenues, margins, earnings or performance, liquidity and cash flow, capital expenditures, business trends, clean energy market opportunities, governmental initiatives, including executive orders and other information that is not historical in nature. Forward-looking statements may be identified by terminology such as "may," "will," "should," "could," "expects," "anticipates," "believes," "projects," "forecasts," “outlook,” “guidance,” "continue," “target,” or the negative of such terms or comparable terminology.

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Forward-looking statements contained in this presentation or in other statements made by the Company are made based on management's expectations and beliefs concerning future events impacting the Company and are subject to uncertainties and factors relating to the Company's operations and business environment, all of which are difficult to predict and many of which are beyond the Company's control, that could cause the Company's actual results to differ materially from those matters expressed or implied by forward-looking statements. Factors that could cause the Company’s actual results to differ materially from those described in the forward-looking statements include: the Company’s ability to successfully integrate recent acquisitions and achieve the anticipated revenue, earnings, accretion and other benefits from these acquisitions; slower than anticipated growth and market acceptance of new clean energy product offerings; risks relating to the recent outbreak and continued uncertainty associated with the coronavirus (COVID-19) and the other factors discussed in Item 1A (Risk Factors) in the Company’s most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q filed with the SEC, which should be reviewed carefully. The Company undertakes no obligation to update or revise any forward-looking statement.

Chart Industries, Inc. is a leading independent global manufacturer of highly engineered equipment servicing multiple applications in the Energy and Industrial Gas markets. Our unique product portfolio is used in every phase of the liquid gas supply chain, including upfront engineering, service and repair. Being at the forefront of the clean energy transition, Chart is a leading provider of technology, equipment and services related to liquefied natural gas, hydrogen, biogas and CO2 Capture amongst other applications. We are committed to excellence in environmental, social and corporate governance (ESG) issues both for our company as well as our customers. With over 25 global locations from the United States to Asia, Australia, India, Europe and South America, we maintain accountability and transparency to our team members, suppliers, customers and communities. To learn more, visit www.Chartindustries.com.

USE OF NON-GAAP FINANCIAL INFORMATION

This presentation contains non-GAAP financial information, including adjusted earnings per diluted share, net income attributable to Chart Industries, Inc. adjusted, and free cash flow. For additional information regarding the Company's use of non-GAAP financial information, as well as reconciliations of non-GAAP financial measures to the most directly comparable financial measures calculated and presented in accordance with accounting principles generally accepted in the United States ("GAAP"), please see the reconciliation pages at the end of this news release and the slides titled "Q4 and Full Year 2020 EPS," “Q4 and Full Year 2020 Financial Summary,”

and “Q4 and Full year 2020 Free Cash Flow” included in the supplemental slides accompanying this release.

The Company believes these non-GAAP measures are of interest to investors and facilitate useful period-to-period comparisons of the Company’s financial results, and this information is

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used by the Company in evaluating internal performance. With respect to the Company’s 2021 full year earnings outlook, the Company is not able to provide a reconciliation of the adjusted earnings per non-diluted share because certain items may have not yet occurred or are out of the Company’s control and/or cannot be reasonably predicted.

CONFERENCE CALL

As previously announced, the Company will discuss its fourth quarter and full year 2020 results on a conference call on Thursday, February 18, 2021 at 9:30 a.m. ET. Participants may join the conference call by dialing (877) 312-9395 in the U.S. or (970) 315-0456 from outside the U.S., entering conference ID 7484415. Please log-in or dial-in at least five minutes prior to the start time.

A taped replay of the conference call will be archived on the Company’s website, www.chartindustries.com. You may also listen to a recorded replay of the conference call by dialing (855) 859-2056 in the U.S. or (404) 537-3406 outside the U.S. and entering Conference ID 7484415. The replay will be available beginning 12:30 p.m. ET, Thursday, February 18, 2021 until 12:30 p.m. ET, Thursday, February 25, 2021.

For more information, click here:

http://ir.chartindustries.com/

Investor Relations Contact:

Wade Suki, CFA

Director of Investor Relations

832-524-7489

wade.suki@chartindustries.com

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CHART INDUSTRIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF INCOME (UNAUDITED)

(Dollars and shares in millions, except per share amounts)

	Three Months Ended December 31,				Year Ended December 31,
	2020		2019		2020		2019
Sales (1) (2)	$	312.4	$	321.4	$	1,177.1	$	1,215.5
Cost of sales	224.5		246.1		845.0		918.0
Gross profit	87.9		75.3		332.1		297.5
Selling, general, and administrative expenses	41.0		48.2		178.2		205.7
Amortization expense	8.4		11.6		45.7		39.8
Operating expenses	49.4		59.8		223.9		245.5
Operating income (1) - (6)	38.5		15.5		108.2		52.0
Interest (income) expense, net	(3.5)		(3.8)		17.7		14.7
Gain on bargain purchase	(5.0)		—		(5.0)		—
Unrealized (gain) loss on investment in equity securities	(16.3)		2.7		(13.1)		0.1
Financing costs amortization	1.1		1.0		4.3		3.0
Foreign currency loss (gain)	0.1		1.5		0.9		(0.4)
Other expense	2.2		—		2.2		—
Income from continuing operations before income taxes	59.9		14.1		101.2		34.6
Income tax expense (benefit)	10.0		(2.5)		18.9		2.8
Net income from continuing operations	49.9		16.6		82.3		31.8
Income from discontinued operations, net of tax (7)	220.3		(4.0)		239.2		15.0
Net income	270.2		12.6		321.5		46.8
Less: Income attributable to noncontrolling interests of continuing operations, net of taxes	0.4		0.1		1.4		0.4
Net income attributable to Chart Industries, Inc.	$	269.8	$	12.5	$	320.1	$	46.4
Net income attributable to Chart Industries, Inc.
Income from continuing operations	$	49.5	$	16.5	$	80.9	$	31.4
Income from discontinued operations, net of tax	220.3		(4.0)		239.2		15.0
Net income attributable to Chart Industries, Inc.	$	269.8	$	12.5	$	320.1	$	46.4
Basic earnings per common share attributable to Chart Industries, Inc.
Income from continuing operations	$	1.40	$	0.46	$	2.29	$	0.93
Income from discontinued operations	6.23		(0.11)		6.76		0.44
Net income attributable to Chart Industries, Inc.	$	7.63	$	0.35	$	9.05	$	1.37
Diluted earnings per common share attributable to Chart Industries, Inc.
Income from continuing operations	$	1.28	$	0.46	$	2.22	$	0.89
Income from discontinued operations	5.72		(0.11)		6.56		0.43
Net income attributable to Chart Industries, Inc.	$	7.00	$	0.35	$	8.78	$	1.32
Weighted-average number of common shares outstanding:
Basic	35.34		35.77		35.38		33.91
Diluted (8) (9)	38.55		36.12		36.45		35.17

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(1)Includes sales and operating (loss) income for AXC included in the Heat Transfer Systems segment results since the acquisition date, July 1, 2019 as follows:

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•Sales were $80.5 and $103.1 for the years ended December 31, 2020 and 2019, respectively, and

•Operating (loss) income was $(24.2) and $4.6 for the years ended December 31, 2020 and 2019, which included $27.2 and $18.4 of combined depreciation and amortization expense, respectively.

(2)Includes depreciation expense of:

•$10.1 and $10.9 for the quarter ended December 31, 2020 and 2019, respectively, and

•$38.8 and $37.9 for the year ended December 31, 2020 and 2019, respectively.

(3)Includes restructuring costs of:

•$0.9 and $2.3 for the quarter ended December 31, 2020 and 2019, respectively, and

•$13.6 and $15.6 for the year ended December 31, 2020 and 2019, respectively.

(4)Includes transaction-related costs of $2.6 for the year ended December 31, 2020, which were mainly related to the Sustainable Energy Solutions, Inc., BlueInGreen, LLC and Alabama Trailers acquisitions.

(5)Includes transaction-related costs of $5.4 for the years ended December 31, 2019, which were mainly related to the AXC acquisition.

(6)Includes transaction-related costs of $4.3 related to integration activities for previous acquisitions for the year ended December 31, 2019.

(7)Includes gain on sale of our cryobiological products business of $224.2, net of taxes of $25.2, for both the quarter and year ended December 31, 2020.

(8)Includes an additional 2.84 and 0.81 shares related to the convertible notes due 2024 and associated warrants in our diluted earnings per share calculation for the fourth quarter and full year 2020, respectively. The associated hedge, which helps offset this dilution, cannot be taken into account under U.S. generally accepted accounting principles (“GAAP”). If the hedge could have been considered, it would have reduced the additional shares by 1.72 and 0.53 for the fourth quarter and full year 2020, respectively.

(9)Includes an additional 0.84 shares related to the convertible notes due 2024 and associated warrants in our diluted earnings per share calculation for the year ended December 31, 2019.  The associated hedge, which helps offset this dilution, cannot be taken into account under U.S. GAAP.  If the hedge could have been considered, it would have reduced the additional shares by 0.82 for the year ended December 31, 2019.

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CHART INDUSTRIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED)

(Dollars in millions)

	Three Months Ended December 31,				Year Ended December 31,
	2020		2019		2020		2019
Net Cash Provided By Operating Activities (1) (2) (3)	$	60.2	$	78.6	$	172.7	$	133.9
Investing Activities
Proceeds from sale of businesses	317.5		—		317.5		—
Acquisition of businesses, net of cash acquired	(51.9)		—		(51.9)		(603.9)
Investments (4)	(50.8)		—		(50.8)		(3.3)
Capital expenditures (5) (6)	(10.6)		(9.5)		(37.9)		(36.2)
Proceeds from sale of assets	—		—		7.9		—
Government grants	0.2		0.2		0.2		0.7
Net Cash Used In (Provided By) Investing Activities	204.4		(9.3)		185.0		(642.7)
Financing Activities
Borrowings on revolving credit facilities	120.5		33.2		215.0		235.8
Repayments on revolving credit facilities	(56.0)		(66.9)		(223.1)		(451.1)
Borrowings on term loan	—		—		—		450.0
Repayments on term loan	(335.7)		(2.8)		(344.1)		(2.8)
Payments for debt issuance costs	—		—		(1.0)		(13.6)
Issuance of Shares	—		—		—		295.8
Payments for equity issuance costs					—		(9.5)
Proceeds from exercise of stock options	6.8		—		11.0		9.4
Common stock repurchases from share-based compensation plans	(0.2)		0.8		(1.9)		(2.0)
Common stock repurchases (7)	—		—		(19.3)		—
Dividend distribution to noncontrolling interest	—		(0.4)		—		(0.4)
Other financing activities	—		0.5		—		—
Net Cash (Used In) Provided By Financing Activities	(264.6)		(35.6)		(363.4)		511.6
Effect of exchange rate changes on cash	4.4		4.6		11.8		(1.9)
Net increase in cash, cash equivalents, restricted cash, and restricted cash equivalents	4.4		38.3		6.1		0.9
Cash, cash equivalents, restricted cash, and restricted cash equivalents at beginning of period (8)	121.7		81.7		120.0		119.1
CASH, CASH EQUIVALENTS, RESTRICTED CASH, AND RESTRICTED CASH EQUIVALENTS AT END OF PERIOD(8)	$	126.1	$	120.0	$	126.1	$	120.0

—  — 

_______________

(1)Includes gain on sale of our cryobiological products business of $249.4 for the year ended December 31, 2020.

(2)Includes depreciation expense for continuing operations of $10.1 and $10.9 for the quarter ended December 31, 2020 and 2019, respectively and $38.8 and $37.9 for the years ended December 31, 2020 and 2019, respectively.

(3)Includes depreciation expense for discontinued operations of $0.3 for the quarter ended December 31, 2019 and $0.7 and $1.1 for the years ended December 31, 2020 and 2019, respectively.

(4)Non-cash investing activities of $7.0 related to the conversion of a note receivable into an investment in equity securities during the year ended December 31, 2019 (See Note 6, "Investments").

(5)Includes capital expenditures for continuing operations of $10.6 and $9.3 for the quarter ended December 31, 2020 and 2019, respectively and $37.5 and $35.3 for the years ended December 31, 2020 and 2019, respectively.

10

(6)Includes capital expenditures for discontinued operations of $0.0 and $0.2 for the quarter ended December 31, 2020 and 2019, respectively and of $0.4 and $0.9 for discontinued operations the years ended December 31, 2020 and 2019, respectively.

(7)Includes $19.3 in shares repurchased through our share repurchase program for the year ended December 31, 2020.

(8)Includes restricted cash and restricted cash equivalents of $1.0 for all periods presented.

11

CHART INDUSTRIES, INC. AND SUBSIDIARIES

CONDENSED CONSOLIDATED BALANCE SHEETS (UNAUDITED)

(Dollars in millions)

	December 31,
	2020		2019
ASSETS
Cash and cash equivalents	$	125.1	$	119.0
Accounts receivable, net	200.8		191.6
Inventories, net	248.4		210.0
Other current assets	128.7		131.4
Property, plant, and equipment, net	414.5		397.8
Goodwill	865.9		811.4
Identifiable intangible assets, net	509.1		522.4
Investments	78.9		13.4
Other assets	15.1		15.8
Total assets of discontinued operations	—		68.6
TOTAL ASSETS	$	2,586.5	$	2,481.4
LIABILITIES AND EQUITY
Current liabilities	$	634.8	$	372.4
Long-term debt	221.6		761.0
Other long-term liabilities	138.8		109.5
Total liabilities of discontinued operations	—		6.1
Equity	1,591.3		1,232.4
TOTAL LIABILITIES AND EQUITY	$	2,586.5	$	2,481.4

12

CHART INDUSTRIES, INC. AND SUBSIDIARIES

OPERATING SEGMENTS (UNAUDITED)

(Dollars in millions)

	Three Months Ended December 31,						Year Ended December 31,
	2020			2019			2020			2019
Sales
Cryo Tank Solutions	$	110.5		$	108.6		$	415.8		$	409.9
Heat Transfer Systems (1)	78.9			119.5			369.8			441.7
Specialty Products	85.1			54.8			242.6			207.9
Repair, Service & Leasing	41.0			40.8			158.3			162.6
Intersegment eliminations	(3.1)			(2.3)			(9.4)			(6.6)
Consolidated	$	312.4		$	321.4		$	1,177.1		$	1,215.5
Gross Profit
Cryo Tank Solutions	$	24.0		$	17.5		$	99.5		$	77.2
Heat Transfer Systems	19.5			27.2			93.7			94.1
Specialty Products	26.5			17.0			84.3			72.2
Repair, Service & Leasing	17.9			13.6			54.6			54.0
Consolidated	$	87.9		$	75.3		$	332.1		$	297.5
Gross Profit Margin
Cryo Tank Solutions	21.7		%	16.1		%	23.9		%	18.8		%
Heat Transfer Systems	24.7		%	22.8		%	25.3		%	21.3		%
Specialty Products	31.1		%	31.0		%	34.7		%	34.7		%
Repair, Service & Leasing	43.7		%	33.3		%	34.5		%	33.2		%
Consolidated	28.1		%	23.4		%	28.2		%	24.5		%
Operating Income(Loss) (1) - (4)
Cryo Tank Solutions	$	11.2		$	5.9		$	52.5		$	25.7
Heat Transfer Systems	6.1			6.4			27.2			17.7
Specialty Products	19.9			11.6			60.7			48.1
Repair, Service & Leasing	12.1			7.7			30.3			27.9
Corporate	(10.8)			(16.1)			(62.5)			(67.4)
Consolidated	$	38.5		$	15.5		$	108.2		$	52.0
Operating Margin
Cryo Tank Solutions	10.1		%	5.4		%	12.6		%	6.3		%
Heat Transfer Systems	7.7		%	5.4		%	7.4		%	4.0		%
Specialty Products	23.4		%	21.2		%	25.0		%	23.1		%
Repair, Service & Leasing	29.5		%	18.9		%	19.1		%	17.2		%
Consolidated	12.3		%	4.8		%	9.2		%	4.3		%

_______________

(1)Includes sales and operating (loss) income for AXC included in the Heat Transfer Systems segment results since the acquisition date, July 1, 2019 as follows:

•Sales were $80.5 and $103.1 for the years ended December 31, 2020 and 2019, respectively, and

•Operating (loss) income was $(24.2) and $4.6 for the years ended December 31, 2020 and 2019, which included $27.2 and $18.4 of combined depreciation and amortization expense, respectively.

(2)Restructuring costs (credits) for the quarter ended:

◦December 31, 2020 were $0.9 ($0.1 – Cryo Tank Solutions, $0.6 – Heat Transfer Systems, $0.3 – Specialty Products, and (0.1) - Corporate ).

◦December 31, 2019 were $2.3 ($0.5 Cryo Tank Solutions, $1.7 Heat Transfer Systems, and $0.1 – Specialty Products).

13

(3)Restructuring costs for the year ended:

◦December 31, 2020 were $13.6 ($2.7 – Cryo Tank Solutions, $7.4 – Heat Transfer Systems, $0.7 – Specialty Products, $0.2 – Repair, Service & Leasing and $2.6 – Corporate).

◦December 31, 2019 were $15.6 ($9.1 Cryo Tank Solutions, $4.5 Heat Transfer Systems, $0.3 – Specialty Products, $1.5 – Repair, Service & Leasing and $0.2 – Corporate).

(4)Includes transaction-related costs of $5.4 for the year ended December 31, 2019, which were mainly related to the AXC acquisition. Includes transaction-related costs of $4.3 related to integration activities for previous acquisitions for the year ended December 31, 2019.

14

CHART INDUSTRIES, INC. AND SUBSIDIARIES

ORDERS AND BACKLOG (UNAUDITED)

(Dollars in millions)

	Three Months Ended				Year Ended December 31,
	December 31, 2020		September 30, 2020		2020		2019
Orders
Cryo Tank Solutions	$	132.0	$	99.1	$	417.5	$	409.5
Heat Transfer Systems (1)	139.9		44.1		331.1		477.5
Specialty Products	94.4		63.3		279.2		274.9
Repair, Service & Leasing	54.5		58.0		196.8		166.5
Intersegment eliminations	(3.8)		(1.8)		(14.5)		(2.5)
Consolidated	$	417.0	$	262.7	$	1,210.1	$	1,325.9

	As of
	December 31, 2020		September 30, 2020		December 31, 2019
Backlog
Cryo Tank Solutions	$	222.6	$	208.7	$	210.2
Heat Transfer Systems (1) (2)	329.2		261.5		357.1
Specialty Products	199.7		158.8		150.1
Repair, Service & Leasing	63.1		58.9		33.8
Intersegment eliminations	(4.6)		(3.0)		—
Consolidated	$	810.0	$	684.9	$	751.2

_______________

(1)Included in 2020 Heat Transfer Systems segment orders was a $70 million order for a downstream project (100% air cooled heat exchangers).

(2)Heat Transfer Systems segment backlog as of December 31, 2020 was inclusive of $21.0 million of backlog remaining on Calcasieu Pass, compared to $117.6 million of Calcasieu Pass remaining as of December 31, 2019. Also included in Heat Transfer Systems segment backlog for all periods presented is approximately $40.0 million related to the previously announced Magnolia LNG order where production release is delayed. In general, similar projects previously put on hold in the market are beginning to move ahead as the clean energy infrastructure build out ramps up.

15

CHART INDUSTRIES, INC. AND SUBSIDIARIES

RECONCILIATION OF DILUTED EARNINGS PER COMMON SHARE ATTRIBUTABLE TO CHART INDUSTRIES, INC. – CONTINUING OPERATIONS TO ADJUSTED DILUTED EARNINGS PER COMMON SHARE ATTRIBUTABLE TO CHART INDUSTRIES, INC. – CONTINUING OPERATIONS (UNAUDITED)

(Dollars and shares in millions, except per share amounts)

	Three Months Ended December 31,				Year Ended December 31,
	2020		2019		2020		2019
Diluted earnings per common share attributable to Chart Industries, Inc. – continuing operations (U.S. GAAP)	$	1.28	$	0.46	$	2.22	$	0.89
Restructuring, transaction-related and other costs (1)	0.04		0.37		0.57		1.23
Gain on sale of a facility in China (2)	—		—		(0.07)		—
Gain on bargain purchase	(0.13)		—		(0.14)		—
Other one-time costs (3)	0.01		0.08		0.21		0.15
Dilution impact of convertible notes (4) (5)	0.06		—		0.04		0.02
Tax effects	0.01		(0.07)		(0.10)		(0.21)
Adjusted diluted earnings per common share attributable to Chart Industries, Inc. – continuing operations (non-GAAP)	$	1.27	$	0.84	$	2.73	$	2.08

_______________

(1)Restructuring, transaction-related and other costs were as follows:

•During the quarter and year ended December 31, 2020, we recorded $0.9 and $13.6 of restructuring costs, respectively, that primarily related to facility consolidations in our Heat Transfer Systems segment, as well as departmental restructuring, including headcount reductions.

•During the quarter and year ended December 31, 2019, we recorded $2.3 and $15.6 of restructuring costs, respectively, that primarily related to facility consolidations at certain of our U.S. properties, and a streamlining of the commercial activities surrounding our Lifecycle business in our Repair, Service & Leasing segment, geographic realignment of our manufacturing capacity and a facility closure in Asia, as well as departmental restructuring, including headcount reductions in each of our four segments.

•Includes $2.3 in expense recognized in cost of sales related to inventory step-up for 2019 related to VRV. We also incurred $0.8 and $1.6 related to AXC integration activities during the quarter and year ended December 31, 2019, respectively and $1.0 and $2.7 related to VRV integration activities during the quarter and year ended December 31, 2019, respectively.

(2)Includes a $2.6 gain on sale of a facility in China for the year ended December 31, 2020 recorded within our Cryo Tank Solutions segment.

(3)Other one-time costs include mark-to-market adjustments of investments in equity securities, commercial and legal settlements, COVID-19 related costs in 2020, which include freight, sourcing and safety costs directly related to manufacture and fulfillment of critical care products, transition tax and accelerated tax impacts related to a China facility closure.

(4)Includes an additional 2.84 and 0.81 shares related to the convertible notes due 2024 and associated warrants in our diluted earnings per share calculation for the fourth quarter and full year 2020, respectively. The associated hedge, which helps offset this dilution, cannot be taken into account under U.S. GAAP. If the hedge could have been considered, it would have reduced the additional shares by 1.72 and 0.53 for the fourth quarter and full year 2020, respectively.

(5)Includes an additional 0.84 shares related to the convertible notes due 2024 and associated warrants in our diluted earnings per share calculation for the year ended December 31, 2019.  The associated hedge, which helps offset this dilution, cannot be taken into account under U.S. GAAP.  If the hedge could have been considered, it would have reduced the additional shares by 0.82 for the year ended December 31, 2019.

_______________

Adjusted diluted earnings per common share attributable to Chart Industries, Inc. – continuing operations is not a measure of financial performance under U.S. GAAP and should not be considered as an alternative to earnings per share in accordance with U.S. GAAP. Management believes that adjusted diluted earnings per common share attributable to Chart Industries, Inc. – continuing operations facilitates useful period-to-period comparisons of our financial results and this information is used by us in evaluating internal performance. Our calculation of this non-GAAP measure may not be comparable to the calculations of similarly titled measures reported by other companies.

16

CHART INDUSTRIES, INC. AND SUBSIDIARIES

RECONCILIATION OF NET INCOME TO NET INCOME ADJUSTED (UNAUDITED)

(Dollars in millions)

	Three Months Ended December 31,				Year Ended December 31,
	2020		2019		2020		2019
Net income attributable to Chart Industries, Inc. (U.S. GAAP)	$	269.8	$	12.5	$	320.1	$	46.4
Income attributable to noncontrolling interests, net of taxes (U.S. GAAP)	0.4		0.1		1.4		0.4
Net income (U.S. GAAP)	270.2		12.6		321.5		46.8
Gain on sale of business	(249.4)		—		(249.4)		—
Gain on bargain purchase	(5.0)		—		(5.0)		—
Interest accretion of convertible notes discount	2.1		1.9		8.0		7.6
Financing costs amortization	1.1		1.0		4.3		3.0
Employee share-based compensation expense	1.8		2.6		8.9		9.0
Unrealized (gain) loss on investment in equity securities	(16.3)		2.7		(13.1)		0.1
Unrealized foreign currency transaction loss (gain)	0.1		(2.1)		(3.0)		0.6
Deferred income tax expense (benefit)	5.0		(16.2)		5.0		(16.2)
Other non-cash operating activities	(2.2)		(0.4)		(4.9)		0.8
Net income adjusted (non-GAAP)	$	7.4	$	2.1	$	72.3	$	51.7

_______________

Net income adjusted is not a measure of financial performance under U.S. GAAP and should not be considered as an alternative to net income in accordance with U.S. GAAP. Management believes that net income adjusted, facilitates useful period-to-period comparisons of our financial results and this information is used by us in evaluating internal performance. Our calculation of this non-GAAP measure may not be comparable to the calculations of similarly titled measures reported by other companies.

RECONCILIATION OF NET CASH PROVIDED BY OPERATING ACTIVITIES OPERATIONS TO FREE CASH FLOW (UNAUDITED)

(Dollars in millions)

	Three Months Ended December 31,				Year Ended December 31,
	2020		2019		2020		2019
Net cash provided by operating activities	$	60.2	$	78.6	$	172.7	$	133.9
Capital expenditures	(10.6)		(9.5)		(37.9)		(36.2)
Free cash flow (non-GAAP)	$	49.6	$	69.1	$	134.8	$	97.7

_______________

Free cash flow is not a measure of financial performance under U.S. GAAP and should not be considered as an alternative to net cash provided by operating activities in accordance with U.S. GAAP. Management believes that free cash flow facilitates useful period-to-period comparisons of our financial results and this information is used by us in evaluating internal performance. Our calculation of this non-GAAP measure may not be comparable to the calculations of similarly titled measures reported by other companies.

17

CHART INDUSTRIES, INC. AND SUBSIDIARIES

RECONCILIATION OF GROSS PROFIT TO ADJUSTED GROSS PROFIT AND SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO ADJUSTED SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (UNAUDITED)

(Dollars in millions)

	Year Ended December 31, 2020
	Cryo Tank Solutions			Heat Transfer Systems			Specialty Products			Repair, Service & Leasing			Intersegment Eliminations			Corporate			Consolidated
Sales	$	415.8		$	369.8		$	242.6		$	158.3		$	(9.4)		$	—		$	1,177.1
Gross profit as reported (U.S. GAAP)	99.5			93.7			84.3			54.6			—			—			332.1
Restructuring, transaction-related and other costs	0.3			4.6			0.3			2.1			—			—			7.3
Other one-time costs	0.7			0.4			1.7			0.1			—			—			2.9
Adjusted gross profit (non-GAAP)	$	100.5		$	98.7		$	86.3		$	56.8		$	—		$	—		$	342.3
Adjusted gross profit margin (non-GAAP)	24.2		%	26.7		%	35.6		%	35.9		%	—		%	—		%	29.1		%
Selling, general and administrative expenses as reported (U.S. GAAP)	$	41.7		$	36.6		$	22.2		$	15.3		$	—		$	62.4		$	178.2
Restructuring, transaction-related and other costs	(1.7)			(2.5)			(0.7)			(1.3)			—			(5.4)			(11.6)
Gain on sale of a facility in China	2.6			—			—			—			—			—			2.6
Other one-time costs	(0.1)			(0.3)			(0.2)			—			—			0.5			(0.1)
Adjusted selling, general and administrative expenses (non-GAAP)	$	42.5		$	33.8		$	21.3		$	14.0		$	—		$	57.5		$	169.1

18

CHART INDUSTRIES, INC. AND SUBSIDIARIES

RECONCILIATION OF GROSS PROFIT TO ADJUSTED GROSS PROFIT AND SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO ADJUSTED SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (UNAUDITED) (CONTINUED)

(Dollars in millions)

	Three Months Ended December 31, 2020
	Cryo Tank Solutions			Heat Transfer Systems			Specialty Products			Repair, Service & Leasing			Intersegment Eliminations			Corporate			Consolidated
Sales	$	110.5		$	78.9		$	85.1		$	41.0		$	(3.1)		$	—		$	312.4
Gross profit as reported (U.S. GAAP)	24.0			19.5			26.5			17.9			—			—			87.9
Restructuring, transaction-related and other costs	—			0.7			—			0.5			—			—			1.2
Other one-time costs	0.7			—			—			—			—			—			0.7
Adjusted gross profit (non-GAAP)	$	24.7		$	20.2		$	26.5		$	18.4		$	—		$	—		$	89.8
Adjusted gross profit margin (non-GAAP)	22.4		%	25.6		%	31.1		%	44.9		%	—		%	—		%	28.7		%
Selling, general and administrative expenses as reported (U.S. GAAP)	$	11.6		$	8.2		$	6.4		$	4.1		$	—		$	10.7		$	41.0
Restructuring, transaction-related and other costs	(1.8)			(0.3)			—			—			—			0.1			(2.0)
Other one-time costs	1.7			0.1			—			—			—			—			1.8
Adjusted selling, general and administrative expenses (non-GAAP)	$	11.5		$	8.0		$	6.4		$	4.1		$	—		$	10.8		$	40.8

19

CHART INDUSTRIES, INC. AND SUBSIDIARIES

RECONCILIATION OF GROSS PROFIT TO ADJUSTED GROSS PROFIT AND SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO ADJUSTED SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (UNAUDITED) (CONTINUED)

(Dollars in millions)

	Year Ended December 31, 2019
	Cryo Tank Solutions			Heat Transfer Systems			Specialty Products			Repair, Service & Leasing			Intersegment Eliminations			Corporate			Consolidated
Sales	$	409.9		$	441.7		$	207.9		$	162.6		$	(6.6)		$	—		$	1,215.5
Gross profit as reported (U.S. GAAP)	77.2			94.1			72.2			54.0			—			—			$	297.5
Restructuring, transaction-related and other costs	10.9			2.6			3.4			0.8			—			—			17.7
Other one-time costs	3.8			3.3			—			—			—			—			7.1
Adjusted gross profit (non-GAAP)	$	91.9		$	100.0		$	75.6		$	54.8		$	—		$	—		$	322.3
Adjusted gross profit margin (non-GAAP)	22.4		%	22.6		%	36.4		%	33.7		%	—		%	—		%	26.5		%
Selling, general and administrative expenses as reported (U.S. GAAP)	$	45.9		$	51.4		$	22.4		$	18.6		$	—		$	67.4		$	205.7
Restructuring, transaction-related and other costs	(1.8)			(2.7)			—			(1.1)			—			(14.1)			(19.7)
Other one-time costs	—			—			—			—			—			(0.9)			(0.9)
Adjusted selling, general and administrative expenses (non-GAAP)	$	44.1		$	48.7		$	22.4		$	17.5		$	—		$	52.4		$	185.1

20

CHART INDUSTRIES, INC. AND SUBSIDIARIES

RECONCILIATION OF GROSS PROFIT TO ADJUSTED GROSS PROFIT AND SELLING, GENERAL AND ADMINISTRATIVE EXPENSES TO ADJUSTED SELLING, GENERAL AND ADMINISTRATIVE EXPENSES (UNAUDITED) (CONTINUED)

(Dollars in millions)

	Three Months Ended December 31, 2019
	Cryo Tank Solutions			Heat Transfer Systems			Specialty Products			Repair, Service & Leasing			Intersegment Eliminations			Corporate			Consolidated
Sales	$	108.6		$	119.5		$	54.8		$	40.8		$	(2.3)		$	—		$	321.4
Gross profit as reported (U.S. GAAP)	17.5			27.2			17.0			13.6			—			—			$	75.3
Restructuring, transaction-related and other costs	—			—			3.4			—			—			—			3.4
Other one-time costs	2.5			2.3			—			—			—			—			4.8
Adjusted gross profit (non-GAAP)	$	20.0		$	29.5		$	20.4		$	13.6		$	—		$	—		$	83.5
Adjusted gross profit margin (non-GAAP)	18.4		%	24.7		%	37.2		%	33.3		%	—		%	—		%	26.0		%
Selling, general and administrative expenses as reported (U.S. GAAP)	$	10.7		$	12.7		$	4.9		$	3.9		$	—		$	16.1		$	48.3
Restructuring, transaction-related and other costs	(0.4)			(1.5)			—			(0.1)			—			(2.1)			(4.1)
Other one-time costs	—			—			—						—			(0.9)			(0.9)
Adjusted selling, general and administrative expenses (non-GAAP)	$	10.3		$	11.2		$	4.9		$	3.8		$	—		$	13.1		$	43.3

_______________

Adjusted gross profit, adjusted gross profit margin and adjusted selling, general and administrative expenses are not measures of financial performance under U.S. GAAP and should not be considered as an alternative to gross profit, gross profit margin and selling, general and administrative expenses in accordance with U.S. GAAP. Management believes that adjusted gross profit, adjusted gross profit margin and adjusted selling, general and administrative expenses facilitate useful period-to-period comparisons of our financial results and this information is used by us in evaluating internal performance. Our calculations of these non-GAAP measures may not be comparable to the calculations of similarly titled measures reported by other companies.

21

EX-99.2

Chart Industries FOURTH QUARTER AND FULL YEAR 2020 RESULTS Exhibit 99.2

Forward-Looking Statements CERTAIN STATEMENTS MADE IN THIS PRESENTATION ARE FORW ARD -LOOKING STATEMENTS W ITHIN THE MEANING OF THE PRIVATE SECURITIES LITIGATION REFORM ACT OF 1995. FORW ARD-LOOKING STATEMENTS INCLUDE STATEMENTS CONCERNING THE COMPANY’S BUSINESS PLANS, INCLUDING STATEMENTS REGARDING COMPLETED DIVESTITURES, ACQUISITIONS, COST SYNERGIES AND EFFICIENCY SAVINGS, OBJECTIVES, FUTURE ORDERS, REVENUES, MARGINS, EARNINGS OR PERFORMANCE, LIQUIDITY AN D CASH FLOW , CAPITAL EXPENDITURES, BUSINESS TRENDS, GOVERNMENTAL INITIATIVES, INCLUDING EXECUTIVE ORDERS AND OTHER I NFORMATION THAT IS NOT HISTORICAL IN NATURE. FORW ARD-LOOKING STATEMENTS MAY BE IDENTIFIED BY TERMINOLOGY SUCH AS "MAY," "W ILL ," "SHOULD," "COULD," "EXPECTS," "ANTICIPATES," "BELIEVES," "PRO JECTS," "FORECASTS," “OUTLOOK,” “GUIDANCE,” "CONTINUE," “TARGET,” OR THE NEGATIVE OF SUCH TERMS OR COMPARABLE TERMINOLOGY. FORW ARD-LOOKING STATEMENTS CONTAINED IN THIS PRESENTATION OR IN OTHER STATEMENTS MADE BY THE COMPANY ARE MADE BASED ON MANAGEMENT'S EXPECTATIONS AND BELIEFS CONCERNING FUTURE EVENTS I MPACTING THE COMPANY AND ARE SUBJECT TO UNCERTAINTIES AND FACTORS RELATING TO THE COMPANY'S OPERATIONS AND BUSINESS ENVIRO NMENT, ALL OF W HICH ARE DIFFICULT TO PREDICT AND MANY OF W HICH ARE BEYOND THE COMPANY'S CONTROL, THAT COULD CAUSE THE COMPANY'S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE MATTERS EXPRESSED OR IMPLIED BY FORW ARD-LOOKING STATEMENTS. FACTORS THAT COULD CAUSE THE COMPANY’S ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE DESCRIBED IN THE FORW ARD -LOOKING STATEMENTS INCLUDE: THE COMPANY’S ABILITY TO SUCCESSFULLY INTEGRATE RECENT ACQUISITIONS AND ACHIEVE THE ANTICIPATED REVENUE, EARNING S, ACCRETION AND OTHER BENEFITS FROM THESE ACQUISITIONS; RISKS RELATING TO THE RECENT OUTBREAK AND CONTINUED UNCERTAINTY ASSOCI ATED W ITH THE CORONAVIRUS (COVID-19) AND THE OTHER FACTORS DISCUSSED IN ITEM 1A (RISK FACTORS) IN THE COMPANY’S MOST RECENT ANNUAL REPORT ON FORM 10-K AND QUARTERLY REPORTS ON FORM 10 -Q FILED W ITH THE SEC, W HICH SHOULD BE REVIEW ED CAREFULLY. THE COMPANY UNDERTAKES NO OBLIGATION TO UPDATE OR REVISE ANY FORW ARD - LOOKING STATEMENT. THIS PRESENTATION CONTAINS NON-GAAP FINANCIAL INFORMATION, INCLUDING ADJUSTED EPS, ADJUSTED FREE CASH FLOW , AND Q4 AND FULL YEAR 2020 FREE CASH FLOW . FOR ADDITIONAL INFORMATION REGARDING THE COMPANY'S USE OF NON-GAAP FINANCIAL INFORMATION, AS W ELL AS RECONCILIATIONS OF NON-GAAP FINANCIAL MEASURES TO THE MOST DIRECTLY COMPARABLE FINANCIAL MEASURES CALCULATED AND PRESENTED IN ACCORDANCE W ITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES ("GAAP"), PLEASE SEE THE PAGES AT THE END OF THIS NEW S RELEASE. W ITH RESPECT TO THE COMPANY’S 2021 FULL YEAR EARNINGS OUTLOOK, THE COMPANY IS NOT ABLE TO PROVIDE A RECONCILIATION OF THE ADJUSTED EARNINGS PER DILUTED SHARE AND ADJUSTED FREE CASH FLOW BECAUSE CERTAIN ITEMS MAY HAVE NOT YET OCCURRED OR ARE OUT OF THE COMPANY’S CONTROL AND/OR CANNOT BE REASONABLY PREDICTED. FURTHERMORE, NON-GAAP FINANCIAL MEASURES SHOW N IN THE PRESENTATION SLIDE LABELED “EXTERNAL SEGMENTATION” W ERE NOT RECONCILED TO THE COMPARABLE GAAP FINANCIAL MEASURES BECAUSE THE GAAP MEASURES W OULD REQUIRE SIGNIFICANT EFFORT TO PREPARE AND THEREFORE ARE NOT AVAILABLE AS OF THE TIME OF THIS NEW S RELEASE. CHART INDUSTRIES, INC. IS A LEADING INDEPENDENT GLOBAL MANUFACTURER OF HIGHLY ENGINEERED EQUIPMENT SERVICING MULTIPLE APPLICATIONS IN THE ENERGY AND INDUSTRIAL GAS MARKETS. OUR UNIQUE PRODUCT PORTFOLIO IS USED IN EVERY PHASE OF THE LIQUID GAS SUPPLY CHAIN, INCLUDING UPFRONT ENGINEERING, SERVICE AND REPAIR. BEING AT THE FOREFRONT OF THE CLEAN ENERGY TRANSITION, CHART IS A LEADING PROVIDER OF TECHNOLOGY, EQUIPMENT AND SERVICES RELATED TO LIQUEFIED NATURAL GAS, HYDROGEN, BIOGAS AND CO2 CAPTURE AMONGST OTHER APPLICATIONS. W E ARE COMMITTED TO EXCELLENCE IN ENVIRONMENTAL, SOCIAL AND CORPORATE GOVERNANCE (ESG) ISSUES BOTH FOR OUR COMPANY AS W ELL AS OUR CUSTOMERS. W ITH OVER 25 GLOBAL LOCATIONS FROM THE UNITED STATES TO ASIA, AUSTRALIA, INDIA, EUROPE AND SOUTH AMERICA, W E MAINTAIN ACCOUNTABILITY AND TRANSPARENCY TO OUR TEAM MEMBERS, SUPPLIERS, CUSTOMERS AND COMMUNITIES. TO LEARN MORE, VISIT WWW.CHARTINDUSTRIES.COM. © 2021 Chart Industries, Inc. Confidential and Proprietary 2

External Segmentation 3 Cryo Tank Solu t ions Heat Transfer Sys tems • Air Cooled Heat Exchangers (ACHX), • Brazed Aluminum Heat Exchangers (BAHX) • Cold Boxes • Nitrogen Rejection Units (NRU) • Integrated systems • High Efficiency Flow Fans • Bulk and Micro Bulk Storage Tanks • ISO Containers • Packaged Gas Systems • Non-specialty mobile equipment • Vaporizers • Dosing equipment • HLNG vehicle tanks • LNG by Rail (Gas By Rail Offering) • Hydrogen equipment • Cannabis products • FEMA Valves / FLOW Meters • Fueling stations Spec ia l ty Products Repa ir, Service & Leas ing • Repair and service • Aftermarket parts and maintenance • Global Leasing • Installations • Full lifecycle Global Commercial Team Global Engineering Team © 2021 Chart Industries, Inc. Confidential and Proprietary

Chart’s Transformation 4 Before 2018 THEN 2021 TODAY  High customer concentration & low geographic diversity  Heavy reliance on single large LNG projects  Few long-term contracts in place  Limited to no aftermarket, service and repair  Disparate cost structures / silos  High end-market (specialty) and geographic diversity (+India, Europe)  Big LNG is a “nice to have” whereas before it was a “necessity”  Multiple long-term agreements, MOUs in place  Aftermarket parts, service and repair revenue continues to increase  Centralized business services and agile, quick cost rationalization Now, we serve the clean power, clean water, clean food, clean industrial transition and destination © 2021 Chart Industries, Inc. Confidential and Proprietary A BD C 1. Market Trends 2. Profitable Growth E Community & Employees • Environmental, Social & Governance • Building capabilities to support other strategic pillars • Branding Thinking Disruptive • Alternative business models • Smart products (IOT) Margin Expansion • Strategic location manufacturing • International manufacturing for traditional US products • 80/20 • Strategic sourcing Innovative Solutions • Upfront Engineering • Partnerships for new turnkey solutions • Retrofit for efficiencies existing brownfield sites Broadest Product Offering for Industrial Gas & Energy • Application and Customer Expansion • Cryo-pump opportunity • Repair & Service • Specialty Markets

Chart’s Strategic Investment / Partnering Approach 2020 Development Agreement for LH2 automotive Completed master supply agreement Acquisition of cryogenic and H2 trailer business and former microbulk business 30M Euro investment with commercial MOU Acquisition of water treatment business Investment in Canadian H2 integrator Acquisition of SES, carbon capture technology 2018 / 2019 Divestiture of cryobio product line to Cryoport for $320M cash 2018: Acquires VRV 2018: Acquires Skaff Cryogenics 2018: Completes BAHX capacity expansion in La Crosse, WI 2018: Divestiture of oxygen concentrator business 2019: Acquisition of Air-X-Changers 2021 Brings access to: (1) customers and commercial projects that could not be accessed without significant organic investment (2) geographies that otherwise could not readily be accessed due to lack of product experience in the region, certification requirements, or government funding and relationships. Acquisition of Cryo Technologies for $55 million cash (Feb 16, 2021) Joint development MOU February 10, 2021 $15M Investment and commercial MOU Completed Feb 2, 2021 5© 2021 Chart Industries, Inc. Confidential and Proprietary

2020 Chart Industries Investor Day 6

Full Year 2020 Records 7 Total Chart Records: • New customers (472) • Long-term agreements executed (33) • 53 new leases signed (vs. 18 in 2019) • Adjusted earnings per share ($2.73) • Lowest total SG&A as a % of sales (15.1% reported; 14.3% normalized) • Operating income as a percent of sales (10.9%) • Year-end 2020 backlog is a record high ($810 million) • Lowest Total Recordable Incident Rate (TRIR) and # of accidents in our history $530.4 $679.7 1H FY20 2H FY20 +28% 28% Increase in Second Half 2020 Orders Over First Half 2020 Chart consolidated total includes ($5M) intra-company eliminations for 2H FY20 and ($10M) for 1H FY20 © 2021 Chart Industries, Inc. Confidential and Proprietary

Strong Q4 and Second Half 2020 Orders and Margin 8 Q4 2020 / Year-End 2020 Records: • Other Record Q4 2020 Orders • HLNG vehicle tanks (Specialty) • Hydrogen (Specialty) • Food & beverage (Specialty) • Engineered systems (CTS) • Mobile equipment (CTS) • Medical oxygen equipment (CTS) • VRV (HTS) • Air cooled heat exchangers (HTS) • 80 orders greater than $1 million in Q4 2020 $122 $158 1H FY20 2H FY20 Specialty Products $147 $184 1H FY20 2H FY20 Heat Transfer Systems $186 $231 1H FY20 2H FY20 Cryo Tank Solutions 24% 25% 30% 84 112 1H FY20 2H FY20 Repair, Service, & Leasing 33%

Our Specialty Markets Keep Growing 700M 750M 2,100M Space ▪ Cryogenic liquid propellants are used as fuel for rocket propulsion Drivers of Size Opportunity ▪ Proliferation of private space travel industry Industrial Lasers ▪ High purity liquid nitrogen (gas assist) provides a faster cut and superior edge, free of impurities Drivers of Size Opportunity ▪ Uptime requirements in manufacturing ▪ Reducing steps in production Cannabis ▪ Liquid CO2 storage and supply / delivery systems ▪ Used in grow houses, CBD oil extraction and packaging Drivers of Size Opportunity ▪ Legalization of cannabis ▪ Regulatory approval for CBD. Food & Beverage ▪ Food preservation equipment ▪ Nitrogen dosing equipment Drivers of Size Opportunity ▪ Nitro-beverage changeover Water Treatment ▪ Improving water quality and wastewater reuse utilize liquid oxygen and CO2 in purification process Drivers of Size Opportunity ▪ Regulation on water treatment ▪ Population growth Over The Road Trucking ▪ LNG as alternative fuel to diesel for heavy duty vehicles (lower emissions, engine noise, etc.) Drivers of Size Opportunity ▪ Regulations Hydrogen ▪ H2 vehicle fueling stations, transport equipment and liquefaction storage at H2 production sites ▪ H2 storage and mobility equipment ▪ BAHX for H2 liquefaction ▪ H2 liquefaction Drivers of Size Opportunity ▪ Buildout of hydrogen fueling infrastructure ▪ Development of “green hydrogen” industry ▪ Government stimulus packages ▪ Brand name fast followers500M 250M 200M 200M 200M Molecules By Rail ▪ Gas by rail tender cars approved for use Drivers of Size Opportunity ▪ Legalization of LNG by train in the U.S. ▪ Expected growth in EU 600M Carbon & Direct Air Capture ▪ Air cooled heat exchangers ▪ Storage tanks ▪ BAHX and cold boxes Drivers of Size Opportunity ▪ Carbon emissions reduction targets ▪ CO2 supply shortage +$1 billion 250M Helium Liquefaction ▪ Helium Liquefaction ▪ Storage ▪ ISO Containers ▪ Transport Drivers of Size Opportunity • Differentiated process • Helium consistently in high demand • Russia vast natural resources 9© 2021 Chart Industries, Inc. Confidential and Proprietary

$275 $279 FY19 FY20 1% 10 Specialty Products Orders Sales Gross Margin $55 $85 Q4 2019 Q4 2020 $208 $243 FY19 FY20 30.9% 31.1% Q4 2019 Q4 2020 34.7% 34.7% FY19 FY20 17% $90 $94 Q4 2019 Q4 2020 4% 55% +13 bps+1 bps Fourth Quarter 2020 versus 2019: • Q4 2019 included $22 million order for LNG by rail • Won first Brazil water treatment process order • Significant food & beverage order recovery (record) from the drastic slowdown in Q2 2020 during height of COVID-19 lockdowns Full Year 2020 • Gross margin increases offset by start up costs in HLNG vehicle tank line in Ornago, Italy • Completed 4 acquisitions and 2 investments • Indian Space Research Organisation (ISRO) utilizing Chart’s liquid hydrogen storage tanks for launch © 2021 Chart Industries, Inc. Confidential and Proprietary

Hydrogen NPD: Production Ready in 2021 11 Liquid Hydrogen Onboard Vehicle Tank being tested at our Canton, Georgia (USA) facility Hydrogen Test Facility in New Prague, Minnesota (USA) includes a liquid hydrogen bulk tank, a LH2 run tank, pumps and other related components for testing and a fully instrumented test building © 2021 Chart Industries, Inc. Confidential and Proprietary

Q4 2020 First of a Kinds (FOAKs) & New Customer Examples 12 Squeezable DipsNitro Beer Water desalination “Just Egg” bottled egg alternative Ophthalmic research Canned wine Partnering with Pepsi to upgrade their CO2 capacity at one of Pepsi’s USA facilities (Q4 2020 order) Chart and O2 are collaborating on O2’s unique oxygen water, a hydration and recovery drink © 2021 Chart Industries, Inc. Confidential and Proprietary

$41 $41 Q4 2019 Q4 2020 13 Repair, Service & Leasing Orders Sales Gross Margin $44 $54 Q4 2019 Q4 2020 $163 $158 FY19 FY20 33% 44% Q4 2019 Q4 2020 33% 35% FY19 FY20 $166 $197 FY19 FY20 19% 23% -3% +133 bps +1052 bps Fourth Quarter 2020: • All new portable trailers completed in Q4 2020 had signed leases before the trailers were built • Record quarter for gross margin, gross margin as percent of sales, operating income, operating income as a percent of sales • Team member received Shell’s Safety Champion Award Full Year 2020 • Executed 14 long-term agreements dedicated to or inclusive of repair & service (prior to 2020, we had none) • Total repair, service and leasing revenue in 2020 was 13.5% of sales • Invested in greenfield repair and service facility in Richburg, South Carolina (USA); repair ready in Q2 2021 • Met significant demand for ISO container leasing © 2021 Chart Industries, Inc. Confidential and Proprietary

14 Cryo Tank Solutions Orders Sales Gross Margin $103 $132 Q4 2019 Q4 2020 $410 $416 FY19 FY20 16.1% 21.6% Q4 2019 Q4 2020 18.8% 23.9% FY19 FY20 $409 $418 FY19 FY20 2% 28% $109 $111 Q4 2019 Q4 2020 1% +507 bps 2% +550 bps Fourth Quarter 2020: • Highest medical oxygen order quarter of 2020 • Year end record backlogs for all regions within CTS • Recovery in industrial gas major purchasing in Q4, still below pre-COVID levels • Margin improvement reflects removal of luxury layers, operational efficiencies, continued benefits from integration and utilization of global engineering Full Year 2020 • China posted highest operating income in our history • Completed the divestiture of the cryobiological product line for $320 million (all cash) Oct 1, 2020 • Expected continued growth in bulk tanks and trailers (trailer orders YTD February 17, 2021 = 114) © 2021 Chart Industries, Inc. Confidential and Proprietary

22.8% 24.8% Q4 2019 Q4 2020 $84 $140 Q4 2019 Q4 2020 15 Heat Transfer Systems Orders Sales Gross Margin $477 $331 FY19 FY20 $120 $79 Q4 2019 Q4 2020 $442 $370 FY19 FY20 21.3% 25.4% FY19 FY20 -31% -16% +404 bps +201 bps 67% -34% Fourth Quarter 2020: • $70M air cooled heat exchanger order for downstream terminal application; engineering in first half 2021, expect revenue to begin being recognized in Q4 2021 • $30M shell & tube heat exchangers order for processing facilities outside of North America Full Year 2020 • 2019 included $136 million Venture Global (VG) Calcasieu Pass order • Built world’s largest brazed core (138”) • ~$98 million revenue associated with VG’s Calcasieu Pass • Lifecycle record operating income • Relocated Tulsa, OK air-cooled heat exchanger manufacturing to Texas and created flexible manufacturing facility in Tulsa • Expanded carbon capture and direct air capture capabilities (each uses air coolers and air movers as 20%-50% of application) © 2021 Chart Industries, Inc. Confidential and Proprietary

LNG Remains a Significant Opportunity for GTLS 16 • LNG Cargoes rebounded sharply from fall cancellations • Transit issues through Panama Canal, global demand pushing day rates from ~60K/d to ~300+ K/d • LNG supply disruptions (GC Hurricanes, Hammerfest, Gorgon, Qatar) coupled with cold winters in Europe & North Asia # Project Size GTLS Content Expected Order Timing Length of Revenue Recognition 1 Venture Global Plaquemines Phase 1 = 10 MTPA $125 million 1H 2021 2 years 2 Cheniere Corpus Christi Stage 3 7 trains $250+ million 2021 3 years 3 Tellurian Driftwood project Phase 1 = 16.6 MTPA $375+ million 2021 3 years 2021 Big LNG Order Opportunities Not Included in Guidance = $750M 2021 ssLNG and Utility-Scale LNG Order Opportunities # Project Description GTLS Content ($M) Expected Order Timing In Guidance 1 Eagle Jacksonville 500 gpd liquefier $36 1H 2021 Yes 2 NEC 250 gpd liquefier $25 1H 2021 Yes 3 EU Client 10 TPD Biogas liquefier $4 2021 No 4 Gasum 3 individual LBG (bio) $4.8 each 2021 No 5 Confidential 1 MTPA liquefier $30 2021 No 6 SW USA Utility 280k storage/regas $2.2 2021 No 7 S. Africa 300 TPD $6.4 Q4 ‘21/Q1 ‘22 No 8 USA Confidential 1 MTPA liquefier $40 Q2 2021 No

© 2021 Chart Industries, Inc. Confidential and Proprietary 17 Q4 and Full Year 2020 EPS (1) Other one-time items were related to: Stabilis investment mark-to-market and Liberty LNG investment adjustment of $0.07 in Q4 2019, $0.15 in Q1, ($0.02) in Q2,and ($0.01) in Q3 and Q4 2020; COVID-19 related costs of $0.03 and $0.02 in Q1 and Q3 2020 respectively; Commercial and legal settlements of $0.06 in Q3 2019 and $0.02 in Q1,$0.03 in Q3, and $0.02 in Q4 2020 respectively; and Tax Reform / transition tax related adjustments $0.02 in Q1 2019, and accelerated tax impacts related to China facility closure of $0.01 in Q4 2019. (2) Tax effect reflects adjustment at normalized periodic rates. (3) Adjusted EPS (a non-GAAP measure) is as reported on a historical basis. $ millions, except per share amounts Q4 2020 Q4 2019 Change v. PY FY 2020 FY 2019 Change v. PY Continuing Operations Net income from continuing operations $49.5 $16.5 $33.0 $80.9 $31.4 $49.5 Reported Diluted EPS $1.28 $0.46 $0.82 $2.22 $0.89 $1.33 1 Restructuring and transaction-related costs 0.04 0.37 (0.33) 0.57 1.23 (0.66) 2 Gain on sale of a facility in China - - - (0.07) - (0.07) 3 Gain on bargain purchase (0.13) - (0.13) (0.14) - (0.14) 3 Other one-time items (1) 0.01 0.08 (0.07) 0.21 0.15 0.06 4 Tax effects (2) 0.01 (0.07) 0.08 (0.10) (0.21) 0.11 5 Dilution impact of convertible notes 0.06 - 0.06 0.04 0.02 0.02 Adjusted Diluted EPS (3) $1.27 $0.84 $0.43 $2.73 $2.08 $0.65 6 Strategic McPhy investment mark-to-market (0.46) - (0.46) (0.47) - (0.47) 7 Tax effect (2) 0.10 - 0.10 0.10 - 0.10 Adjusted Diluted EPS excluding strategic investment (3) $0.91 $0.84 $0.07 $2.36 $2.08 $0.28 Not included in the above financial results is the potential impairment of the Air-X-Changers (“AXC”) tradename (as of October 1, 2020) which has book value of $55 million. The impairment under review is ~$12 million of the total $55 million. This issue was raised last evening (February 17, 2021) by our external audit firm, and thus, the conclusion has not been confirmed. The final determination regarding this impairment analysis will be included in our Annual Report on Form 10-K to be filed within the next few days. Note that if the resolution is different than management’s position, earnings per share would be correspondingly reduced; however, adjusted earnings per diluted share would be unchanged from what is shown as it would be a one-time non-cash, non- operational item.

© 2021 Chart Industries, Inc. Confidential and Proprietary 18 Q4 and Full Year 2020 Financial Summary Full Year 2020 Vs. 2019 Q4 2020 Vs. Q4 2019 FY20 Q4 FY19 Q4 Change % Net Sales $312 $321 -3% Operating Margin % 12% 5% 750 bps Adjusted Operating Margin % 13% 8% 510 bps Diluted EPS $1.28 $0.46 178% Adjusted Diluted EPS $1.38 $0.84 64% Net Cash Provided By Operating Activities $60 $79 -24% Free Cash Flow $50 $69 -28% FCF % of Sales 16% 21% -545 bps FY20 FY19 Change % Net Sales $1,171 $1,216 -4% Operating Margin % 9% 4% 490 bps Adjusted Operating Margin % 11% 8% 330 bps Diluted EPS $2.22 $0.89 149% Adjusted Diluted EPS $2.73 $2.08 31% Net Cash Provided By Operating Activities $173 $134 29% Free Cash Flow $135 $98 38% FCF % of Sales 12% 8% 350 bps

December 31, 2020 Net Leverage Ratio 19© 2021 Chart Industries, Inc. Confidential and Proprietary Q4 2002 Free Cash Flow (FCF) of $49.6 million, including $10.6 million of capital expenditures FY 2020 Free cash Flow (FCF) of $134.8 million, including $37.9 million of capital expenditures 1.59 1.65 1.88 1.71 1.78 2.02 Net leverage ratio Net leverage ratio pro forma for Svante investment Net leverage ratio pro forma for Svante, Cryo Technologies Net leverage ratio Net leverage ratio pro forma for Svante investment Net leverage ratio pro forma for Svante, Cryo Technologies As Reported Excluding MTM from McPhy Investment

2020 Actual Sales to 2021 Sales (to Low End of Range) © 2021 Chart Industries, Inc. Confidential and Proprietary 20 (A) VG Calacasieu Pass ~$98 million in 2020, $21 million in 2021 forecast (B) Expect two small-scale LNG projects to move to notice to proceed in 2021, resulting in a portion of revenue recognition in the second half of 2021 (C) A portion of the $70 million ACHX order that was booked in Q4 2020 should begin to ship in Q4 2021 (D) Expect ~$5 million of orders in Q1 2021 that would be shipped within the year. Other orders expected but are for 2022 revenue recognition (E) Addition of Cryo Technologies (acquisition closed February 16, 2021) (F) Incremental BlueInGreen revenue in 2021 A, B C D, E F 2020 Sales Actual % Growth Est. 2021 Specific Projects (1) Specific Projects (2) Acquisition Impacts 2021 Sales at low end of range % growth at low end of range Heat Transfer Systems 370 3% 381 (77) 67 - 371 0% Heat exchangers/cold boxes/systems 220 3% 226 (77) 47 196 -11% ACHX/Fans 152 3% 156 20 176 16% Eliminations (2) 0% (2) (2) 0% Cryo Tank Solutions 416 6% 440 - - - 440 6% Storage equipment 223 8% 240 240 8% Engineered systems 90 7% 96 96 7% Mobile Equipment 108 0% 108 108 0% Eliminations (5) 0% (5) (5) 0% Specialty Products 242 22% 296 - 5 38 339 40% Hydrogen & Helium 22 70% 38 5 30 73 228% HLNG 74 25% 93 93 25% Food & Beverage 39 10% 43 43 10% Other 107 15% 123 8 131 22% Repair, Service, Leasing 158 13% 179 - - - 179 13% Repair, Service, Leasing 90 15% 104 104 15% ACHX and Fans Aftermarket 69 10% 76 76 10% Eliminations (1) 0% (1) (1) 0% Corporate Eliminations (9) 0% (9) - - (9) 0% Total Chart 1,177 9% 1,287 (77) 72 38 1,320 12%

Full Year 2021 Guidance (Continuing Operations) 21© 2021 Chart Industries, Inc. Confidential and Proprietary Revenue $1.26B to $1.335B Includes $23M of Calcasieu Pass Diluted Adjusted EPS $3.10 to $3.45 Assumes 18% ETR & 35.3M shares outstanding Capital Expenditures $32M to $37M Prior Guidance Current Guidance Adjusted Free Cash Flow $185 to $210M Revenue $1.32 to $1.38B Includes $21M of Calcasieu Pass Includes $30M from CT Non-Diluted Adjusted EPS $3.50 to $4.00 Assumes 18% ETR & 35.5M shares outstanding Capital Expenditures $40 to $50M Adjusted Free Cash Flow $190 to $220M # Capex ($M) Amount 1 Maintenance $27-30 2 Leasing fleet expansion 4-5 3 S.C. USA Repair Shop 3-4 4 Teddy Multi-Product Expansion 3-4 5 Hydrogen Product Development 2-3 6 Tulsa Flex Manufacturing 2-3 7 Total $40- $50

In 2020, Chart Industries’ Products Helped: © 2021 Chart Industries, Inc. Confidential and Proprietary 22 Treat over 2 billion gallons of water a day in the US Produce about 50 million tons of LNG to replace coal fired power generation (non-US) Reduce over 500 million liters of diesel used by over-the-road trucks Notes: (1) Natural gas emits between 45% and 55% lower greenhouse gas emissions than coal when used to generate electricity, and around 20% lower CO2 than oil according to IEA data. It also has a reduced impact on local air quality compared to diesel, which is currently used for power generation in many locations around the world. Compared to burning diesel, natural gas reduces NOx emissions by up to 85% and produces almost no SOx and particulate matter. (2) Although not considered in the figures above, for every megawatt of electricity produced using natural gas instead of coal, the amount of water withdrawn from local rivers and groundwater is reduced by 10,500 gallons. A year-over- year increase of more than 100%! A greater than 100% increase over 2019 ~7% increase year-over-year • Chart target: 30% carbon reduction by 2030 • 2021 short-term incentive (bonus) targets include ESG metric at 5% of potential payout • Diversity & inclusion committee • Women and diversity on Board of Directors • Supplier sustainability and diversity

Appendix 23

© 2021 Chart Industries, Inc. Confidential and Proprietary 24 Q4 and Full Year 2020 Free Cash Flow (1) “Net income, adjusted” is not a measure of financial performance under U.S. GAAP and should not be considered as an alternative to net income in accordance with U.S. GAAP. Reconciliation to Net Income (U.S. GAAP) is provided in accompanying press release financial tables. (2) “Free Cash Flow” is not a measure of financial performance under U.S. GAAP and should not be considered as an alternative to net cash provided by (used in) operating activities in accordance with U.S. GAAP. The Company believes this figure is of interest to investors and facilitates useful period-to period comparisons of the Company’s operating results. $ millions, except per share amounts Consolidated Q4 2020 Q4 2019 Change v. PY FY 2020 FY 2019 Change v. PY Net income, adjusted (1) $7 $2 $5 $72 $52 $20 Depreciation and amortization 18 23 (5) 85 79 6 Accounts receivable (34) 22 (56) (6) 24 (30) Inventory (1) 16 (17) (31) 9 (40) Unbilled contract revenues and other assets 6 10 (4) 6 (2) 8 Accounts payable and other liabilities 73 (1) 74 58 (21) 79 Customer advances and billings in excess of contract revenue (9) 7 (16) (11) (7) (4) Net Cash Provided By Operating Activities $60 $79 ($19) $173 $134 $39 Capital expenditures (10) (10) - (38) (36) (2) Free Cash Flow (2) $50 $69 ($19) $135 $98 $37

© 2021 Chart Industries, Inc. Confidential and Proprietary 25 Re-segmented Financial Summary, As Reported (1/2) Cryo Tank Solutions $M Sales 98.6 103.0 99.7 108.6 409.9 98.0 105.3 102.0 110.5 415.8 Gross Profit 17.0 20.2 22.5 17.5 77.2 24.0 25.9 25.6 24.0 99.5 Gross Profit Margin 17.2% 19.6% 22.6% 16.1% 18.8% 24.5% 24.6% 25.1% 21.7% 23.9% SG&A 10.5 9.0 10.3 9.2 39.0 9.8 6.9 8.9 10.6 36.2 % / Sales 10.6% 8.7% 10.3% 8.5% 9.5% 10.0% 6.6% 8.7% 9.6% 8.7% Operating Income 4.7 9.4 11.1 7.4 32.6 12.9 17.6 15.3 12.2 58.0 % / Sales 4.8% 9.1% 11.1% 6.8% 8.0% 13.2% 16.7% 15.0% 11.0% 13.9% Heat Transfer Systems $M Sales 83.7 93.6 144.9 119.5 441.7 112.9 97.3 80.7 78.9 369.8 Gross Profit 13.2 17.1 36.6 27.2 94.1 26.2 26.7 21.3 19.5 93.7 Gross Profit Margin 15.8% 18.3% 25.3% 22.8% 21.3% 23.2% 27.4% 26.4% 24.7% 25.3% SG&A 11.3 11.7 11.0 11.2 45.2 9.2 8.5 6.0 7.3 31.0 % / Sales 13.5% 12.5% 7.6% 9.4% 10.2% 8.1% 8.7% 7.4% 9.3% 8.4% Operating Income -1.7 2.0 15.7 7.9 23.9 7.5 8.6 9.7 7.0 32.8 % / Sales -2.0% 2.1% 10.8% 6.6% 5.4% 6.6% 8.8% 12.0% 8.9% 8.9% Specialty Products $M Sales 52.1 50.7 50.3 54.8 207.9 52.9 48.6 56.0 85.1 242.6 Gross Profit 19.2 17.2 18.8 17.0 72.2 20.3 17.0 20.5 26.5 84.3 Gross Profit Margin 36.9% 33.9% 37.4% 31.0% 34.7% 38.4% 35.0% 36.6% 31.1% 34.7% SG&A 5.8 4.9 4.3 4.1 19.1 5.4 4.3 3.9 5.8 19.4 % / Sales 11.1% 9.7% 8.5% 7.5% 9.2% 10.2% 8.8% 7.0% 6.8% 8.0% Operating Income 13.0 11.9 14.1 12.4 51.4 14.5 12.3 16.2 20.5 63.5 % / Sales 25.0% 23.5% 28.0% 22.6% 24.7% 27.4% 25.3% 28.9% 24.1% 26.2% FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 FY20Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Q4 FY20 FY20Q3 FY19 Q4 FY19 FY19 Q1 FY20 Q2 FY20 Q3 FY20Q1 FY19 Q2 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20FY19 FY20Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19

© 2021 Chart Industries, Inc. Confidential and Proprietary 26 Re-segmented Financial Summary, As Reported (2/2) Repair, Service & Leasing $M Sales 35.9 40.7 45.2 40.8 162.6 40.7 40.1 36.5 41.0 158.3 Gross Profit 8.2 17.2 15.0 13.6 54.0 11.8 13.7 11.2 17.9 54.6 Gross Profit Margin 22.8% 42.3% 33.2% 33.3% 33.2% 29.0% 34.2% 30.7% 43.7% 34.5% SG&A 4.8 4.0 4.6 3.5 16.9 3.8 3.0 2.7 3.5 13.0 % / Sales 13.4% 9.8% 10.2% 8.6% 10.4% 9.3% 7.5% 7.4% 8.5% 8.2% Operating Income 1.8 11.6 8.1 8.1 29.6 5.1 8.0 6.8 12.7 32.6 % / Sales 5.0% 28.5% 17.9% 19.9% 18.2% 12.5% 20.0% 18.6% 31.0% 20.6% Corporate & Eliminations $M Sales -1.3 -0.9 -2.1 -2.3 -6.6 -2.6 -1.7 -2.0 -3.1 -9.4 Gross Profit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 SG&A 16.2 13.9 20.5 15.7 66.3 19.0 16.1 14.6 10.4 60.1 Global Commercial Sales SG&A 4.7 4.8 5.1 4.6 19.2 5.2 4.7 5.2 3.4 18.5 Operating Income -20.9 -18.7 -25.6 -20.3 -85.5 -24.2 -20.8 -19.8 -13.9 -78.7 Chart Industries Inc. $M Sales 269.0 287.1 338.0 321.4 1,215.5 301.9 289.6 273.2 312.4 1,177.1 Gross Profit 57.6 71.7 92.9 75.3 297.5 82.3 83.3 78.6 87.9 332.1 Gross Profit Margin 21.4% 25.0% 27.5% 23.4% 24.5% 27.3% 28.8% 28.8% 28.1% 28.2% SG&A 53.3 48.3 55.8 48.3 205.7 52.4 43.5 41.3 41.0 178.2 % / Sales 19.8% 16.8% 16.5% 15.0% 16.9% 17.4% 15.0% 15.1% 13.1% 15.1% Operating Income -3.1 16.2 23.4 15.5 52.0 15.8 25.7 28.2 38.5 108.2 % / Sales -1.2% 5.6% 6.9% 4.8% 4.3% 5.2% 8.9% 10.3% 12.3% 9.2% Q4 FY20 FY20Q3 FY19 Q4 FY19 FY19 Q1 FY20 Q2 FY20 Q3 FY20Q1 FY19 Q2 FY19 FY19 Q1 FY20 Q2 FY20 Q3 FY20 Q4 FY20 FY20Q1 FY19 Q2 FY19 Q3 FY19 Q4 FY19 Q4 FY20 FY20Q3 FY19 Q4 FY19 FY19 Q1 FY20 Q2 FY20 Q3 FY20Q1 FY19 Q2 FY19

© 2021 Chart Industries, Inc. Confidential and Proprietary 27 Re-segmented Financial Summary, Adjusted (1/2) Cryo Tank Solutions $M, adjusted Sales 98.6 103.0 99.7 108.6 409.9 98.0 105.3 102.0 110.5 415.8 Gross Profit 22.0 25.8 24.1 20.0 91.9 24.1 26.1 25.6 24.7 100.5 Gross Profit Margin 22.3% 25.0% 24.2% 18.4% 22.4% 24.6% 24.8% 25.1% 22.4% 24.2% SG&A 10.1 8.8 9.5 8.8 37.2 8.9 8.7 8.9 10.5 37.0 % / Sales 10.2% 8.5% 9.5% 8.1% 9.1% 9.1% 8.3% 8.7% 9.5% 8.9% Operating Income 10.1 15.2 13.5 10.3 49.1 13.9 16.0 15.3 13.0 58.2 % / Sales 10.2% 14.8% 13.5% 9.5% 12.0% 14.2% 15.2% 15.0% 11.8% 14.0% Heat Transfer Systems $M, adjusted Sales 83.7 93.6 144.9 119.5 441.7 112.9 97.3 80.7 78.9 369.8 Gross Profit 14.8 17.5 38.2 29.5 100.0 28.2 27.7 22.6 20.2 98.7 Gross Profit Margin 17.7% 18.7% 26.4% 24.7% 22.6% 25.0% 28.5% 28.0% 25.6% 26.7% SG&A 10.9 11.6 10.3 9.7 42.5 8.1 7.0 6.0 7.1 28.2 % / Sales 13.0% 12.4% 7.1% 8.1% 9.6% 7.2% 7.2% 7.4% 9.0% 7.6% Operating Income 0.3 2.5 18.0 11.7 32.5 10.6 11.1 11.0 7.9 40.6 % / Sales 0.4% 2.7% 12.4% 9.8% 7.4% 9.4% 11.4% 13.6% 10.0% 11.0% Specialty Products $M, adjusted Sales 52.1 50.7 50.3 54.8 207.9 52.9 48.6 56.0 85.1 242.6 Gross Profit 19.2 17.2 18.8 20.4 75.6 21.3 17.1 21.4 26.5 86.3 Gross Profit Margin 36.9% 33.9% 37.4% 37.2% 36.4% 40.3% 35.2% 38.2% 31.1% 35.6% SG&A 5.8 4.9 4.3 4.1 19.1 4.9 4.1 3.7 5.8 18.5 % / Sales 11.1% 9.7% 8.5% 7.5% 9.2% 9.3% 8.4% 6.6% 6.8% 7.6% Operating Income 13.0 11.9 14.1 15.8 54.8 16.0 12.6 17.3 20.5 66.4 % / Sales 25.0% 23.5% 28.0% 28.8% 26.4% 30.2% 25.9% 30.9% 24.1% 27.4% Q4 2020 FY 2020Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020 Q2 2020 Q3 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020 Q1 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019

© 2021 Chart Industries, Inc. Confidential and Proprietary 28 Re-segmented Financial Summary, Adjusted (2/2) Repair, Service & Leasing $M, adjusted Sales 35.9 40.7 45.2 40.8 162.6 40.7 40.1 36.5 41.0 158.3 Gross Profit 10.6 15.6 15.0 13.6 54.8 12.5 14.2 11.7 18.4 56.8 Gross Profit Margin 29.5% 38.3% 33.2% 33.3% 33.7% 30.7% 35.4% 32.1% 44.9% 35.9% SG&A 4.0 3.9 4.5 3.4 15.8 3.1 2.4 2.7 3.5 11.7 % / Sales 11.1% 9.6% 10.0% 8.3% 9.7% 7.6% 6.0% 7.4% 8.5% 7.4% Operating Income 5.0 10.2 8.1 8.2 31.5 6.5 9.1 7.3 13.2 36.1 % / Sales 13.9% 25.1% 17.9% 20.1% 19.4% 16.0% 22.7% 20.0% 32.2% 22.8% Corporate & Eliminations $M, adjusted Sales -1.3 -0.9 -2.1 -2.3 -6.6 -2.6 -1.7 -2.0 -3.1 -9.4 Gross Profit 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 SG&A 13.1 11.1 14.4 12.7 51.3 17.6 14.3 11.8 10.5 54.2 Global Commercial Sales SG&A 4.7 4.8 5.1 4.6 19.2 5.2 4.7 5.2 3.4 18.5 Operating Income -17.8 -15.9 -19.5 -17.3 -70.5 -22.8 -19.0 -17.0 -14.0 -72.8 Chart Industries Inc. $M, adjusted Sales 269.0 287.1 338.0 321.4 1,215.5 301.9 289.6 273.2 312.4 1,177.1 Gross Profit 66.6 76.1 96.1 83.5 322.3 86.1 85.1 81.3 89.8 342.3 Gross Profit Margin 24.8% 26.5% 28.4% 26.0% 26.5% 28.5% 29.4% 29.8% 28.7% 29.1% SG&A 48.6 45.1 48.1 43.3 185.1 47.8 41.2 38.3 40.8 168.1 % / Sales 18.1% 15.7% 14.2% 13.5% 15.2% 15.8% 14.2% 14.0% 13.1% 14.3% Operating Income 10.6 23.9 34.2 28.7 97.4 24.2 29.8 33.9 40.6 128.5 % / Sales 3.9% 8.3% 10.1% 8.9% 8.0% 8.0% 10.3% 12.4% 13.0% 10.9% Q2 2020 Q3 2020 Q4 2020 FY 2020Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020 Q4 2020 FY 2020Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020 Q2 2020 Q3 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020

© 2021 Chart Industries, Inc. Confidential and Proprietary 29 Appendix A: Reconciliation to Adjusted Financial Summary Cryo Tank Solutions $M Restructuring and transaction-related 5.0 5.6 0.3 0.0 10.9 0.1 0.1 0.1 0.0 0.3 Other one-time costs 0.0 0.0 1.3 2.5 3.8 0.0 0.1 -0.1 0.7 0.7 Gross Margin 5.0 5.6 1.6 2.5 14.7 0.1 0.2 0.0 0.7 1.0 Restructuring and transaction-related -0.4 -0.2 -0.8 -0.4 -1.8 -0.9 -0.8 1.8 -1.8 -1.7 Gain on sale of a facility in China 0.0 0.0 0.0 0.0 0.0 0.0 2.6 0.0 0.0 2.6 Other one-time costs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -1.8 1.7 -0.1 SG&A -0.4 -0.2 -0.8 -0.4 -1.8 -0.9 1.8 0.0 -0.1 0.8 Heat Transfer Systems $M Restructuring and transaction-related 1.6 0.4 0.6 0.0 2.6 1.7 1.0 1.2 0.7 4.6 Other one-time costs 0.0 0.0 1.0 2.3 3.3 0.3 0.0 0.1 0.0 0.4 Gross Margin 1.6 0.4 1.6 2.3 5.9 2.0 1.0 1.3 0.7 5.0 Restructuring and transaction-related -0.4 -0.1 -0.7 -1.5 -2.7 -0.8 -1.4 0.0 -0.3 -2.5 Other one-time costs 0.0 0.0 0.0 0.0 0.0 -0.3 -0.1 0.0 0.1 -0.3 SG&A -0.4 -0.1 -0.7 -1.5 -2.7 -1.1 -1.5 0.0 -0.2 -2.8 Repair, Service & Leasing $M Restructuring and transaction-related 2.4 -1.6 0.0 0.0 0.8 0.7 0.4 0.5 0.5 2.1 Other one-time costs 0.0 0.0 0.0 0.0 0.0 0.0 0.1 0.0 0.0 0.1 Gross Margin 2.4 -1.6 0.0 0.0 0.8 0.7 0.5 0.5 0.5 2.2 Restructuring and transaction-related -0.8 -0.1 -0.1 -0.1 -1.1 -0.7 -0.6 0.0 0.0 -1.3 Other one-time costs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0 SG&A -0.8 -0.1 -0.1 -0.1 -1.1 -0.7 -0.6 0.0 0.0 -1.3 Q2 2020 Q3 2020 Q4 2020 FY 2020Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020 Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020 Specialty Products $M Restructuring and transaction-related 0.0 0.0 0.0 3.4 3.4 0.2 0.1 0.0 0.0 0.3 Other one-time costs 0.0 0.0 0.0 0.0 0.0 0.8 0.0 0.9 0.0 1.7 Gross Margin 0.0 0.0 0.0 3.4 3.4 1.0 0.1 0.9 0.0 2.0 Restructuring and transaction-related 0.0 0.0 0.0 0.0 0.0 -0.5 -0.2 0.0 0.0 -0.7 Other one-time costs 0.0 0.0 0.0 0.0 0.0 0.0 0.0 -0.2 0.0 -0.2 SG&A 0.0 0.0 0.0 0.0 0.0 -0.5 -0.2 -0.2 0.0 -0.9 Corporate & Eliminations $M Restructuring and transaction-related -3.1 -2.8 -6.1 -2.1 -14.1 -1.2 -1.7 -2.6 0.1 -5.4 Other one-time costs 0.0 0.0 0.0 -0.9 -0.9 -0.2 -0.1 -0.2 0.0 -0.5 SG&A -3.1 -2.8 -6.1 -3.0 -15.0 -1.4 -1.8 -2.8 0.1 -5.9 Chart Industries $M Restructuring and transaction-related 9.0 4.4 0.9 3.4 17.7 2.7 1.6 1.8 1.2 7.3 Other one-time costs 0.0 0.0 2.3 4.8 7.1 1.1 0.2 0.9 0.7 2.9 Gross Margin 9.0 4.4 3.2 8.2 24.8 3.8 1.8 2.7 1.9 10.2 Restructuring and transaction-related -4.7 -3.2 -7.7 -4.1 -19.7 -4.1 -4.7 -0.8 -2.0 -11.6 Gain on sale of a facility in China 0.0 0.0 0.0 0.0 0.0 0.0 2.6 0.0 0.0 2.6 Other one-time costs 0.0 0.0 0.0 -0.9 -0.9 -0.5 -0.2 -2.2 1.8 -1.1 SG&A -4.7 -3.2 -7.7 -5.0 -20.6 -4.6 -2.3 -3.0 -0.2 -10.1 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020 Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020

© 2021 Chart Industries, Inc. Confidential and Proprietary 30 Appendix B: Reconciliation to Global Commercial Sales SG&A SG&A, as reported $M Cryo Tank Solutions 12.6 10.7 11.9 10.7 45.9 11.1 8.5 10.5 11.6 41.7 Heat Transfer Systems 12.5 13.2 13.0 12.7 51.4 11.2 10.0 7.2 8.2 36.6 Specialty Products 6.7 5.8 5.0 4.9 22.4 6.1 5.0 4.7 6.4 22.2 Repair, Service & Leasing 5.2 4.5 5.0 3.9 18.6 4.4 3.5 3.3 4.1 15.3 Corporate 16.3 14.1 20.9 16.1 67.4 19.6 16.5 15.6 10.7 62.4 Chart Industries 53.3 48.3 55.8 48.3 205.7 52.4 43.5 41.3 41.0 178.2 Global Commercial Sales Adj $M Cryo Tank Solutions -2.1 -1.7 -1.6 -1.5 -6.9 -1.3 -1.6 -1.6 -1.0 -5.5 Heat Transfer Systems -1.2 -1.5 -2.0 -1.5 -6.2 -1.9 -1.5 -1.3 -0.9 -5.6 Specialty Products -0.9 -0.9 -0.7 -0.8 -3.3 -0.7 -0.6 -0.9 -0.6 -2.8 Repair, Service & Leasing -0.4 -0.5 -0.4 -0.4 -1.7 -0.6 -0.5 -0.6 -0.6 -2.3 Corporate -0.1 -0.2 -0.4 -0.4 -1.1 -0.7 -0.5 -0.8 -0.3 -2.3 Global Commercial Sales SG&A 4.7 4.8 5.1 4.6 19.2 5.2 4.7 5.2 3.4 18.5 SG&A under new segmentation $M Cryo Tank Solutions 10.5 9.0 10.3 9.2 39.0 9.8 6.9 8.9 10.6 36.2 Heat Transfer Systems 11.3 11.7 11.0 11.2 45.2 9.3 8.5 5.9 7.3 31.0 Specialty Products 5.8 4.9 4.3 4.1 19.1 5.4 4.4 3.8 5.8 19.4 Repair, Service & Leasing 4.8 4.0 4.6 3.5 16.9 3.8 3.0 2.7 3.5 13.0 Corporate 16.2 13.9 20.5 15.7 66.3 18.9 16.0 14.8 10.4 60.1 Global Commercial Sales SG&A 4.7 4.8 5.1 4.6 19.2 5.2 4.7 5.2 3.4 18.5 Chart Industries 53.3 48.3 55.8 48.3 205.7 52.4 43.5 41.3 41.0 178.2 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020 Q2 2020 Q3 2020 Q4 2020 FY 2020 Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019 Q1 2020 Q1 2020Q1 2019 Q2 2019 Q3 2019 Q4 2019 FY 2019

XML

Cover Cover	Feb. 18, 2021
Cover [Abstract]
Document Type	8-K
Document Period End Date	Feb. 18, 2021
Entity Registrant Name	CHART INDUSTRIES, INC.
Entity Incorporation, State or Country Code	DE
Entity File Number	001-11442
Entity Tax Identification Number	34-1712937
Entity Address, Street Name	3055 Torrington Drive
Entity Address, City	Ball Ground
Entity Address, State	GA
Entity Address, Postal Zip Code	30107
City Area Code	770
Local Phone Number	721-8800
Written Communications	false
Soliciting Material	false
Pre-commencement Tender Offer	false
Pre-commencement Issuer Tender Offer	false
Title of each class	Common Stock, par value $0.01
Trading Symbol(s)	GTLS
Name of each exchange on which registered	NYSE
Entity Emerging Growth Company	false
Entity Central Index Key	0000892553
Amendment Flag	false