Portfolio Optimization Operations Excellence Innovation ...

Driving Growth and Enhancing Shareholder Value Investor Overview Presentation

Leadership Brands Helping Customers Grow!

Innovation

Operations Excellence

Portfolio Optimization

Capital Discipline

October 2010

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Our Actions Are Focused on Driving Growth and Enhancing Value and Returns for ALL Shareholders!

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A Leading Portfolio of Branded Products, Strong Growth Market Positions Myers is a Diversified Manufacturer in 3 Segments, and a Distributor in 1 Segment. . .

Top brands in niche markets for custom plastic and rubber products design and molding, including RV water tanks, marine fuel tanks, tire repair materials and automotive HVAC components. . .

#1 wholesale distributor of tools, equipment and supplies for the tire and undervehicle service industry. . .

Distribution: $163.0mm, ~ 23% of Sales

Material Handling: $254.1mm, ~ 36% of Sales

Leading brands providing material handling supply chain savings with superior innovation, design and manufacturing of plastic reusable totes, bins, pallets and bulk containers. . .

Engineered Products: $86.0mm, ~ 10% of Sales

The industry leader in pots, trays, baskets and deco planters in plastic and eco-friendly materials, poised to capture market share with unmatched product range, manufacturing capabilities and distribution. . .

Lawn & Garden: $220.3mm, ~ 31% of Sales

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Long-Term Growth Strategy Focused on Value Creation


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Material Handling: Be the Leading Provider of Material Handling Container and Pallet Solutions to diverse end markets, focused on value-driven innovation, product selection and superior service to improve our customers’ supply chain performance.

Engineered Products: Be a Leading Source for Custom, Engineered Products Solutions, from OEM parts to tire service materials, serving diverse and select end markets with 60+ years of expertise in precision rubber and plastic products design and molding.

Lawn & Garden: Be the Leading Provider of Horticultural Container Systems and Solutions to the professional grower -- greenhouse, nursery -- and retail garden center markets, through superior manufacturing technology, product development and customer care.

Distribution: Be the Leading Distributor of Tire Service Solutions as the “critical link” between suppliers and tire service providers for unmatched product selection, industry expertise, superior service and “speed to market” with new products.

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Business Portfolio: Competitive Positioning & Growth Opportunities in Our Segments


Material Handling Segment: Packaging to Reduce Supply Chain Costs. . .

SeedBox™ Bulk Container: The leading containers for seed distribution -- and growing in share!

•  Complete Plastic Reusable Packaging Solutions: Bulk Containers, Pallets, Hand-held Totes & Bin Systems

•  Serving Diverse Markets/Customers: Industrial, Agriculture, Food Processing, Healthcare, Automotive, Distribution

•  Clear Benefits of Plastic Reusables vs. Cardboard / Wood: - Better Product Handling & Safety; Lower Supply Chain Costs

Our Growth Initiatives / Opportunities: - Focus on High Margin Product Innovation in Growth Markets: Medical, Agriculture, Food, Beverage - Expand into Container / Pallet Management Services - Invest in New Technology; Potential Bolt-on Acquisitions - Capitalize on Restructuring / Optimization Initiative

Solutions-Driven Products for Diverse Markets: From Bins and Totes, to RFID Traceable Pallets and Bulk Containers – transporting products safely through the customer’s supply chain and providing solutions for storage and organization.

(36% of Net Sales)

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Caliber® Liquid Container: Bulk containers for safe transport and storage of processed foods, juices and more!

(31% of Net Sales) Lawn & Garden Segment: From Seed to Sold, Containers for Growth!

Unique! Decorative Planters.

•  Industry-leading Brands & Products: Plastic Flowerpots, Hanging Baskets, Flats, Planters & Eco- / “Green” Products

•  Full Market Coverage: Professional Growers (Greenhouse & Nursery), Grower Distributors, Retail Garden Centers

•  Superior Technology & Distribution to Serve Customers. . . - High-Speed, Diverse Manufacturing Processes - In-Mold Labeling, Offset Printing for Retail Branding

Our Growth Initiatives / Opportunities: - Optimize Raw Material Cost / Product Pricing Model - Fully Develop Low Cost Sourcing Model - Focus on Innovation of Biodegradable Product Line - Reinforce Strong Customer Relations with Superior Service - Capitalize on Gains from Restructuring Initiative

Vivid Color! Labeling and printing processes for eye-catching retail merchandising and product branding programs on containers.

Serving Growing Operations of Any Size… From small to large, such as Metrolina Greenhouses in NC, with 100+ acres under glass.

Co-Extrusion Process for thinwall, lightweight growing containers.

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(10% of Net Sales) Engineered Products Segment: Custom Molding Value-Added Solutions. . .

•  Custom Product Solutions for Diverse Markets: RV, Automotive, Marine, Industrial, Tire Service & More

•  Broad Engineering & Molding Capability to Meet Unique Needs of Customers (Blow Molding, Rotational Molding, Rubber Calendering & Extrusion)

Our Growth Initiatives / Opportunities: - Focus on New, High Margin Custom Applications - Expand Manufacturing Capabilities in New Markets - Invest in Technology to Speed Market Share Growth (ex. Q2 2010 “Enviro-Fill” Fuel System for the Marine Industry) - Explore New Market Channels for Tire Service Products, including Retail

Custom Solutions! Molded water tanks, fuel tanks and parts for the Recreational Vehicle and Watercraft markets.

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Any Tire, Any Time! Patch Rubber is the leading brand for repair patches for any tire size – from passenger tires to large, off-road equipment tires.

Unmatched Resources! Blow-molded duct components and other critical HVAC parts for passenger cars.

(23% of Net Sales) Distribution Segment: Selection, Service & Technology Driving Customer Satisfaction. . .

•  Superior Product Selection: The One-Stop Shop for Tools, Equipment & Supplies – Wheel Weights to Valves to Tire Changers

•  Serving All Professional Tire Service Markets: Retail Tire Dealers, Auto & Truck Fleets, Retread Facilities & More

•  Expert Sales Team with Strong Customer Relationships Built on Service & Being “First-to-Market” with New Products

Our Growth Initiatives / Opportunities: - Develop High Margin, Low Cost Product Lines - Develop New Sales Channels: Fleet Catalogs, Retail, Web - Grow National Accounts with New Products / Services - Expand International Footprint: Central America, Canada - Streamline Branches: Enhance Service, Lower Costs

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Tire Balancers and Wheel Weights

High-Technology Tire Changers

Tire Valves for Any Size Passenger or Truck Tire. Impact Wrenches and other

Hand Tools.

12 Leadership Brands Helping Customers Grow!

Summary Financial Performance – As of 2nd Quarter Ended June 30, 2010

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Earnings (Loss) Per Share – Adjusted* ($ in Dollars) Pre-Tax Income (Loss) – Adjusted* ($ in Millions)

Consolidated Financial Profile – Six Months Ended June 30, 2010 Net Sales – As Reported Continuing Operations ($ in Millions)

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(56%)! (56%)!

• Gradual improving volumes in markets

• Volume and productivity gains offset by raw material cost pressures, mainly in Lawn & Garden Segment

• Resin costs up ~$20mm over prior year

• KEY: Enhanced approach to mitigating raw material cost volatility, particularly in the Lawn & Garden Segment.

2010 Reflects ~ $20mm Increase in Raw Material Costs

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$20

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2009 2008 2007

FreeCashDividendsCapEx

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$96.3*

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$69.5

$18.3

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Strong Cash Flow Position – As of Dec. 31, 2009 ($ in Millions)

* 2007 includes a non-operating income gain of $26.8 mm related to payment from a merger termination; Dividends in 2008 include a special dividend of $0.28, $9.9 mm, accrued in 2007 but not paid until 2008; Some years may not total due to rounding.

Strong Cash Flow Generation for. . . -  Returns to Shareholders: Paid a regular and increased dividend for nearly 40 years (~ 3 - 4 % Div Yield)

-  Strategic Capital Investments to position the business for the future

-  Manage Leverage to Increase Flexibility for growth investments supporting MYE’s strategy

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- Free Cash

- Dividends Paid

- CapEx

Cash from Operations

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Appendix

16 Leadership Brands Helping Customers Grow!

Condensed Statements of Income (Loss) Quarter & Six Months Ended June 30, 2010 and 2009 ($ in Thousands, except Per Share Data)

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Table of Contents

Part I — Financial Information

Myers Industries, Inc. Condensed Statements of Consolidated Income (Loss) (Unaudited)

For the Three and Six Months Ended June 30, 2010 and 2009 (Dollars in thousands, except per share data)

See notes to unaudited condensed consolidated financial statements.

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For The Three Months Ended For The Six Months Ended June 30, June 30, June 30, June 30, 2010 2009 2010 2009 Net sales $ 175,906 $ 165,439 $ 362,329 $ 348,128 Cost of sales 141,955 124,134 283,465 251,343

Gross profit 33,951 41,305 78,864 96,785

Selling, general and administrative expenses 33,960 40,510 68,392 82,094Impairment charges -0- 891 -0- 2,162

Operating (loss) income (9) (96) 10,472 12,529

Interest expense, net 1,851 2,099 3,651 4,500

Income (loss) from continuing operations before income

taxes (1,860) (2,195) 6,821 8,029 Income tax (benefit) expense (761) (1,470) 2,390 2,497

Income (loss) from continuing operations (1,099) (725) 4,431 5,532 Income (loss) from discontinued operations, net of tax -0- (676) -0- (1,831)

Net (loss) income $ (1,099) $ (1,401) $ 4,431 $ 3,701

Income (loss) per common share Basic

Continuing operations $ (.03) $ (.02) $ .13 $ .16Discontinued -0- (.02) -0- (.05)

Net (loss) income $ (.03) $ (.04) $ .13 $ .10

Diluted

Continuing operations $ (.03) $ (.02) $ .13 $ .16Discontinued -0- (.02) -0- (.05)

Net (loss) income $ (.03) $ (.04) $ .13 $ .10

* Continuing Operations – Adjusted to Exclude Special Expenses of $2.6 mm in 2010 and $13.5 mm in 2009 ** EBITDA is a non-GAAP (Generally Accepted Accounting Principles) financial measure. Management uses EBITDA to monitor and evaluate operating performance of the Company and believes it to be useful to investors for financial analysis of operations. It is not meant as a substitute for comparable GAAP measures, and should be read in conjunction with the Company’s financial statements prepared in accordance with GAAP. 18

($ in Millions)

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Segment Financial Results – Six Months Ended June 30, 2010

Reconciliation of Non-GAAP Financial Measures Quarter & Six Months Ended June 30, 2010 and 2009 ($ in Millions)

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Myers Industries Reports 2010 Second Quarter Results— 07/22/10 page 5 of 5

MYERS INDUSTRIES, INC. RECONCILIATION OF NON-GAAP FINANCIAL MEASURES INCOME BEFORE TAXES BY SEGMENT ($ in millions)

Quarter Ended Six Months Ended June 30, June 30,

2010 2009 2010 2009 Lawn & Garden Income (Loss) before taxes, as reported (5.5) 1.2 (0.7) 12.8 Restructuring expenses 0.1 3.0 0.1 5.5 Fixed asset impairment 0.0 1.2 0.0 1.5 Income (Loss) before taxes, as adjusted (5.4) 5.4 (0.6) 19.8 Material Handling Income before taxes, as reported 3.5 3.6 8.9 10.2 Restructuring expenses 0.6 0.1 1.0 0.1 Gain on plant sale 0.0 0.0 (0.7) 0.0 Income before taxes, as adjusted 4.1 3.7 9.2 10.3 Engineered Products Income (Loss) before taxes, as reported 3.1 0.7 5.6 (0.3) Restructuring expenses 0.2 0.2 0.5 0.2 Fixed asset impairment 0.0 0.0 0.0 1.0 Income before taxes, as adjusted 3.3 0.9 6.1 0.9 Distribution Income before taxes, as reported 3.6 2.5 6.5 4.7 Restructuring Expenses 0.3 0.0 0.3 0.0 Income before taxes, as adjusted 3.9 2.5 6.8 4.7 Corporate and interest expense Income before taxes, as reported (6.5) (10.2) (13.5) (19.4) Restructuring - consulting fees and other 0.4 2.9 0.6 5.3 Income before taxes, as adjusted (6.1) (7.3) (12.9) (14.1) Consolidated Income (Loss) from continuing operations before taxes, as reported (1.9) (2.2) 6.8 8.0 Restructuring expenses and other adjustments 1.6 7.4 1.8 13.6 Income (Loss) from continuing operations before taxes, as adjusted (0.3) 5.2 8.6 21.6

Note on Reconciliation of Income and Earnings Data: Income (loss) excluding the items mentioned above in the text of this release and in this reconciliation chart is a non-GAAP financial measure that Myers Industries, Inc. calculates according to the schedule above, using GAAP amounts from the Condensed Consolidated Financial Statements. The Company believes that the excluded items are not primarily related to core operational activities. The Company believes that income (loss) excluding items that are not primarily related to core operational activities is generally viewed as providing useful information regarding a company’s operating profitability. Management uses income (loss) excluding these items as well as other financial measures in connection with its decision-making activities. Income (loss) excluding these items should not be considered in isolation or as a substitute for net income (loss), income (loss) from continuing operations or other consolidated income data prepared in accordance with GAAP. The Company's method for calculating income (loss) excluding these items may not be comparable to methods used by other companies. Contact(s): Donald A. Merril, Vice President & Chief Financial Officer — (330) 253-5592 Max Barton, Director, Corporate Communications, Investor Relations — (330) 253-5592

—END—

Condensed Statements of Consolidated Cash Flows Six Months Ended June 30, 2010 and 2009 ($ in Thousands)

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Table of Contents


Myers Industries, Inc. Condensed Statements of Consolidated Cash Flows (Unaudited)

For the Six Months Ended June 30, 2010 and 2009 (Dollars in thousands)


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June 30, 2010 June 30, 2009Cash Flows From Operating Activities

Net income $ 4,431 $ 3,701Net loss from discontinued operations -0- 1,831 Items not affecting use of cash

Depreciation 15,019 17,067Impairment charges -0- 2,162Amortization of other intangible assets 1,485 1,494Non cash stock compensation 1,133 1,131Deferred taxes (76) (62)Gain on sale of property, plant and equipment (733) -0-

Cash flow provided by (used for) working capital Accounts receivable (2,934) 5,612Inventories 1,154 13,700Prepaid expenses 798 (317)Accounts payable and accrued expenses (22,896) (16,633)

Net cash provided by (used for) operating activities of continuing operations (2,620) 29,686Net cash provided by operating activities of discontinued operations -0- 643

Net cash provided by (used for) operating activities (2,620) 30,329

Cash Flows From Investing Activities Proceeds from sale of property, plant and equipment 5,165 727Additions to property, plant and equipment (9,320) (3,864)Other 73 353

Net cash used for investing activities (4,082) (2,784)

Cash Flows From Financing Activities Net borrowing (repayment) of credit facility 12,552 (11,729)Cash dividends paid (4,611) (4,231)Proceeds from issuance of common stock 72 213

Net cash (used for) provided by financing activities 8,013 (15,747)

Foreign Exchange Rate Effect on Cash 17 603

Net increase in cash 1,328 12,401Cash at January 1 4,728 10,417

$ 6,055 $ 22,818

Condensed Statements of Consolidated Financial Position As of June 30, 2010 and December 31, 2009 ($ in Thousands)

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Table of Contents


Item 1. Financial Statements Myers Industries, Inc.

Condensed Statements of Consolidated Financial Position As of June 30, 2010 (Unaudited) and December 31, 2009

(Dollars in thousands)


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Assets June 30, 2010 December 31, 2009Current Assets

Cash $ 6,055 $ 4,728 Accounts receivable-less allowances of $3,451 and $4,402, respectively 88,879 86,674

Inventories

Finished and in-process products 60,360 65,522Raw materials and supplies 30,823 34,679

91,183 100,201

Prepaid expenses 7,782 8,612Deferred income taxes 6,330 6,333

Total Current Assets 200,229 206,548 Other Assets

Goodwill 111,864 111,927Intangible assets 18,601 20,003Other 16,379 13,070

146,844 145,000Property, Plant and Equipment, at Cost

Land 3,990 3,989Buildings and leasehold improvements 53,158 53,283 Machinery and equipment 372,758 370,042

429,906 427,314Less allowances for depreciation and amortization (277,890) (268,896)

152,016 158,418

$ 499,089 $ 509,966

Table of Contents


Myers Industries, Inc. Condensed Statements of Consolidated Financial Position As of June 30, 2010 (Unaudited) and December 31, 2009

(Dollars in thousands, except share data)


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Liabilities and Shareholders’ Equity June 30, 2010 December 31, 2009Current Liabilities

Accounts payable $ 48,014 $ 63,916Accrued expenses

Employee compensation 14,880 14,008Income taxes 2,377 6,405Taxes, other than income taxes 1,135 1,187 Accrued interest 409 397Other 13,514 17,687

Current portion of long-term debt 65,425 65,425

Total Current Liabilities 145,754 169,025 Long-term debt, less current portion 51,410 38,890Other liabilities 5,714 5,682Deferred income taxes 38,208 38,371 Shareholders’ Equity

Serial Preferred Shares (authorized 1,000,000 shares) -0- -0-Common Shares, without par value (authorized 60,000,000 shares; outstanding

35,307,873 and 35,286,129 shares, respectively) 21,481 21,474 Additional paid-in capital 280,123 278,894Accumulated other comprehensive income 5,756 6,777Retained deficit (49,357) (49,147)

258,003 257,998

$ 499,089 $ 509,966

Capital Expenditures ($ in Millions)

CapEx has averaged approx. 2 – 2.5% of revenues in recent years, except 2008 when the company made strategic investment in new technology for innovation.

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Debt Structure

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Credit Facility Private Placement

• $250 mm Revolver • $235 mm available as of Q2 2010

• October 2011

• EBIT / Interest Expense: 2.5x (min) • Total Debt / EBITDA: 3.5x (max)

• Stock of Domestic Subs

• EBIT / Interest Expense: 2.25x (min) • Total Debt / EBITDA: 3.5x (max)

• Stock of Domestic Subs

• $100 mm

• $65 mm: December 2010 • $35 mm: December 2013

• December 2010: 6.08% • December 2013: 6.33%

• Leverage Based Grid • LIBOR + 62.5 bps

MYE Stock Price: October 6, 2009 – October 5, 2010

Current Analyst Ratings: Buy (2), Neutral (1) Price Target: $12.00

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Growth Opportunities Presenting Upside on a Risk / Reward Basis as MYE’s Markets Recover

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